FLUOR CORP

Fluor Corporation (NYSE: FLR) operates as a leading global professional services firm providing engineering, procurement, and construction services to clients across diverse industries worldwide. The company maintains its website at www.fluor.com and serves as a trusted partner for complex project delivery spanning over 110 years of operational history.

The company organizes its operations into three principal business segments. Urban Solutions addresses demand in advanced technologies and manufacturing, life sciences, mining and metals, infrastructure, and professional staffing, serving clients in data centers, semiconductors, pharmaceuticals, and commodity production. Energy Solutions delivers comprehensive services for traditional oil and gas markets including upstream production, fuels, chemicals, liquefied natural gas, and power generation, while also supporting energy transition initiatives in nuclear power and low-carbon solutions. Mission Solutions provides advanced technical services to the U.S. federal government and other governments, with particular expertise in nuclear security, environmental remediation, national security operations, and disaster recovery services.

As of December 31, 2025, Fluor employed approximately 22,995 people globally, comprising 17,122 salaried employees, 4,602 craft and hourly employees, and 1,271 through its TRS Staffing Solutions subsidiary. The workforce spans North America at 58 percent, Europe, Africa and Middle East at 17 percent, Asia Pacific at 20 percent, and Central and South America at 5 percent. The company maintains a global execution platform with distributed centers delivering cost-efficient services worldwide.

Fluor's contract portfolio reflects a strategic shift toward lower-risk arrangements, with 81 percent of backlog consisting of reimbursable contracts as of December 31, 2025, compared to 79 percent in the prior year. The company generated 17 percent of total 2025 revenue from U.S. government agencies and 15 percent from a single Urban Solutions customer spanning multiple projects. The company's competitive strengths include its safety culture, global execution capabilities, excellence in complex project delivery, market diversity, long-term client relationships, systematic risk management, and integrated sustainability practices. Fluor recently divested its Stork business and monetized its investment in NuScale Power Corporation during 2025 and early 2026.