What is Fluor's conversion ratio?

Fluor (FLR) reported conversion ratio of 4,495.9% in Q3 2023.

How has Fluor's conversion ratio changed year-over-year?

Fluor's conversion ratio decreased by 0.0% year-over-year, from 4,495.9% to 4,495.9%.

What does conversion ratio mean?

The number of common shares that can be obtained by converting one share of preferred stock.

How do you interpret conversion ratio?

A higher ratio indicates greater potential dilution for common shareholders upon conversion.

How does conversion ratio compare across companies?

Standardized financial term used across all companies with convertible securities in their capital stack.

Fluor FLR Conversion ratio

Discontinued — last reported Q3 '23

Conversion ratio at other companies

Jefferies Financial GroupJEF

50,000%—

American Homes 4 RentAMH

$10.6M—

Wells Fargo & CompanyWFC

16.60.0%

Fidelity National FinancialFNF

111.1%—

EFC

Ellington Financial Inc.EFC

126.3M+32.1%

US FoodsUSFD

——

Other financials

Income statement

See full

Revenue$3.7B-8.0%

Gross profit$13.0M-90.7%

Operating income$92.0M+1.1%

Net income$160.0M+166%

EPS (diluted)$1.08+176%

Balance sheet

See full

Cash & equivalents$3.2B+31.0%

Total debt$1.1B-1.5%

Total equity$2.9B-20.0%

Total assets$7.9B-6.0%

Cash flow

See full

Operating cash flow$110.0M+138%

CapEx$11.0M0.0%

Free cash flow$99.0M+133%

Valuation

See full

Market cap$7.49B+10.9%

Enterprise value$5.38B-2.4%

P/E21.4×+17.7×

P/S0.5×+0.1×

Profitability

See full

Gross margin-0.3%-3.0pp

Operating margin-1.6%—

Net margin2.3%-8.8pp

FCF margin1.5%-0.6pp

Returns & leverage

See full

Return on equity10.8%-55.8pp

Debt / equity0.4×+0.1×

Current ratio1.8×0.0×

Where this comes from

Reported directly by Fluor in its filing.

Tagged under the XBRL concept us-gaap:PreferredStockConvertibleConversionRatio.

The official record: Fluor’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

Ask your AI about Fluor's conversion ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Fluor's conversion ratio?: Fluor (FLR) reported conversion ratio of 4,495.9% in Q3 2023.
How has Fluor's conversion ratio changed year-over-year?: Fluor's conversion ratio decreased by 0.0% year-over-year, from 4,495.9% to 4,495.9%.
What does conversion ratio mean?: The number of common shares that can be obtained by converting one share of preferred stock.
How do you interpret conversion ratio?: A higher ratio indicates greater potential dilution for common shareholders upon conversion.
How does conversion ratio compare across companies?: Standardized financial term used across all companies with convertible securities in their capital stack.