FLR Historical PE Ratio Notes

— Fluor Corporation (NYSE: FLR) is one of the world’s largest engineering, procurement, construction & maintenance (EPCM) firms, serving clients in industries such as energy, chemicals, infrastructure, mining, and government. As a project-based company, Fluor’s earnings can be highly cyclical, often reflecting broader trends in industrial capital spending, commodity prices, and global economic growth. Because of this, the company’s historical price-to-earnings (P/E) ratio has often exhibited significant fluctuations. During periods of strong project awards and healthy margins, FLR’s earnings may surge, leading to lower P/E ratios if the price doesn’t climb as quickly as earnings. Conversely, during downturns, when project delays or cancellations hit earnings, the P/E ratio may rise due to depressed earnings, even if the stock price doesn’t fall as steeply. Moreover, the market tends to assign lower P/E ratios to cyclical, project-based companies, especially during uncertain economic times, to price in the higher risk of earnings volatility. As you analyze FLR’s historical P/E ratios, consider how the company’s exposure to macroeconomic cycles and project execution risks have affected market sentiment and valuation over time.

On this page we presented the FLR Historical PE Ratio information for Fluor' stock. The average FLR historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 30.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average FLR historical PE based on this TTM earnings result method is 19.2. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this FLR historical PE result, against the recent PE: when this page was posted on 5/15/2026, the most recent closing price for FLR had been 44.36, and the most recent quarterly earnings result, annualized, was 0.56. Meanwhile, the most recent TTM earnings summed to 1.58. From these numbers, we calculate the recent FLR PE on 5/15/2026 based on annualized quarterly EPS was 79.2. Based on FLR's history, that recent PE is elevated relative to the historical average, with the recent PE 160.5% higher than the historical average PE across our data set for Fluor. Looking at the recent FLR PE on 5/15/2026 based on TTM EPS, we calculate the ratio at 28.1. Based on FLR's history, that recent PE is elevated relative to the historical average, with the recent PE 46.4% higher than the historical average PE across our Fluor data set with TTM EPS used in the calculation at each period.

Another interesting FLR historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for FLR, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for FLR, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.14, 0.33, 0.43, and 0.68. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.33 and 0.43 — which gives us the median of 0.38. Basically the way to think about this 0.38 number is this: for the trailing four earnings reports, 0.38 marks the "middle ground" number where FLR has reported a value higher than 0.38 half the time, and has reported a value lower than 0.38 half the time. Annualizing that median value then gets us to 1.52/share, which we use as the denominator in our next PE calculation. With 44.36 as the numerator (as of 5/15/2026), the calculation is then 44.36 / 1.52 = 29.2 as the FLR PE ratio as of 5/15/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on FLR or any other given stock, valuation analysis for FLR can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Fluor PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for FLR. Thanks for visiting, and the next time you need to research FLR Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.