Revenue Growth Achievement
Fluor reported revenue of $16.3 billion for 2024, marking a 5.4% increase from 2023.
Strong Backlog and New Awards
New awards totaled $15.1 billion for the year, with a healthy book-to-burn ratio of 107%. The backlog is approximately 80% reimbursable.
Energy Solutions Segment Profit
Energy Solutions reported a fourth quarter segment profit of $63 million, a significant increase from the $26 million recorded in 2023.
Successful Cash Flow Generation
Fluor reported operating cash flow of $828 million for 2024, the best year since 2015.
Significant Progress on Major Projects
The LNG Canada project surpassed the 95% completion mark with key accomplishments in Kazakhstan and China.