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Fluor vs Jacobs Solutions: revenue, profit, margins and growth compared

Fluor brought in $15.5B of revenue in fiscal 2025, Jacobs Solutions $12B in fiscal 2025. Revenue changed by -5.0% at Fluor and +4.6% at Jacobs Solutions on the year before, so Jacobs Solutions grew faster. Fluor kept -0.3% of its revenue as net profit, Jacobs Solutions 2.4%. Free cash flow was -$437M at Fluor and $607.5M at Jacobs Solutions.

Side by side, latest fiscal year

FLRJ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 26, 2025)
Revenue$15.5B$12B
Revenue growth-5.0%+4.6%
Net income-$51M$289.3M
Net margin-0.3%2.4%
Free cash flow-$437M$607.5M
Free cash flow margin-2.8%5.0%
Earnings per share (diluted)-$0.31$2.38
Cash$2.1B$1.2B
Debt$1.1B$2.2B
Price to earningsn/a58.1
Market value$6.7B$16.2B
Dividend yieldn/an/a
Rank by revenue in sector#42 of 451 · Industrials#54 of 451 · Industrials

Over the years

Revenue
FLR FY2018: $18.9BFLR FY2019: $15.5BFLR FY2020: $15.8BFLR FY2021: $14.2BFLR FY2022: $13.7BFLR FY2023: $15.5BFLR FY2024: $16.3BFLR FY2025: $15.5BJ FY2018: $15BJ FY2019: $12.7BJ FY2020: $13.6BJ FY2021: $14.1BJ FY2022: $9.8BJ FY2023: $10.9BJ FY2024: $11.5BJ FY2025: $12BFY18FY19FY20FY21FY22FY23FY24FY25
FLR $15.5BJ $12B
Net income
FLR FY2018: $173.5MFLR FY2019: -$1.5BFLR FY2020: -$435MFLR FY2021: -$440MFLR FY2022: $145MFLR FY2023: $139MFLR FY2024: $2.1BFLR FY2025: -$51MJ FY2018: $163.4MJ FY2019: $848MJ FY2020: $491.8MJ FY2021: $477MJ FY2022: $644MJ FY2023: $665.8MJ FY2024: $806.1MJ FY2025: $289.3MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$51MJ $289.3M
Net margin
FLR FY2018: 0.9%FLR FY2019: -9.8%FLR FY2020: -2.8%FLR FY2021: -3.1%FLR FY2022: 1.1%FLR FY2023: 0.9%FLR FY2024: 13.1%FLR FY2025: -0.3%J FY2018: 1.1%J FY2019: 6.7%J FY2020: 3.6%J FY2021: 3.4%J FY2022: 6.6%J FY2023: 6.1%J FY2024: 7.0%J FY2025: 2.4%FY18FY19FY20FY21FY22FY23FY24FY25
FLR -0.3%J 2.4%
Revenue growth
FLR FY2019: -18.0%FLR FY2020: +2.2%FLR FY2021: -10.3%FLR FY2022: -2.9%FLR FY2023: +12.6%FLR FY2024: +5.4%FLR FY2025: -5.0%J FY2019: -15.0%J FY2020: +6.5%J FY2021: +3.9%J FY2022: -30.6%J FY2023: +10.9%J FY2024: +6.0%J FY2025: +4.6%FY19FY20FY21FY22FY23FY24FY25
FLR -5.0%J +4.6%
Free cash flow
FLR FY2018: -$48.8MFLR FY2019: $38.2MFLR FY2020: $73MFLR FY2021: -$50MFLR FY2022: -$44MFLR FY2023: $106MFLR FY2024: $664MFLR FY2025: -$437MJ FY2018: $386.3MJ FY2019: -$502.4MJ FY2020: $688.6MJ FY2021: $633.5MJ FY2022: $347.1MJ FY2023: $837.3MJ FY2024: $933.6MJ FY2025: $607.5MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$437MJ $607.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Fluor and Jacobs Solutions

Which is bigger by revenue, Fluor or Jacobs Solutions?

Fluor is bigger by revenue: $15.5B in fiscal 2025, against $12B for Jacobs Solutions in fiscal 2025.

Which keeps more of its revenue as profit, Fluor or Jacobs Solutions?

Fluor had a net margin of -0.3% in fiscal 2025; Jacobs Solutions had 2.4% in fiscal 2025.

Which grew revenue faster, Fluor or Jacobs Solutions?

In their latest fiscal years revenue changed by -5.0% at Fluor and +4.6% at Jacobs Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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