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Fluor vs Kbr: revenue, profit, margins and growth compared

Fluor brought in $15.5B of revenue in fiscal 2025, Kbr $7.8B in fiscal 2025. Revenue changed by -5.0% at Fluor and +1.0% at Kbr on the year before, so Kbr grew faster. Fluor kept -0.3% of its revenue as net profit, Kbr 5.3%. Free cash flow was -$437M at Fluor and $515M at Kbr.

Side by side, latest fiscal year

FLRKBR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 2, 2026)
Revenue$15.5B$7.8B
Revenue growth-5.0%+1.0%
Net income-$51M$415M
Net margin-0.3%5.3%
Free cash flow-$437M$515M
Free cash flow margin-2.8%6.6%
Earnings per share (diluted)-$0.31$3.21
Cash$2.1B$500M
Debt$1.1B$2.6B
Price to earningsn/a10.8
Market value$6.7B$4.4B
Dividend yieldn/a1.91%
Rank by revenue in sector#42 of 451 · Industrials#85 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: $15.5BKBR FY2018: $4.9BKBR FY2019: $5.6BKBR FY2020: $5.8BKBR FY2021: $7.3BKBR FY2022: $6.6BKBR FY2023: $7BKBR FY2024: $7.7BKBR FY2025: $7.8BFY18FY19FY20FY21FY22FY23FY24FY25
FLR $15.5BKBR $7.8B
Net income
FLR FY2018: $173.5MFLR FY2019: -$1.5BFLR FY2020: -$435MFLR FY2021: -$440MFLR FY2022: $145MFLR FY2023: $139MFLR FY2024: $2.1BFLR FY2025: -$51MKBR FY2018: $281MKBR FY2019: $202MKBR FY2020: -$63MKBR FY2021: $27MKBR FY2022: $190MKBR FY2023: -$265MKBR FY2024: $375MKBR FY2025: $415MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$51MKBR $415M
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%KBR FY2018: 5.7%KBR FY2019: 3.6%KBR FY2020: -1.1%KBR FY2021: 0.4%KBR FY2022: 2.9%KBR FY2023: -3.8%KBR FY2024: 4.9%KBR FY2025: 5.3%FY18FY19FY20FY21FY22FY23FY24FY25
FLR -0.3%KBR 5.3%
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%KBR FY2019: +14.8%KBR FY2020: +2.3%KBR FY2021: +27.3%KBR FY2022: -10.6%KBR FY2023: +6.0%KBR FY2024: +10.8%KBR FY2025: +1.0%FY19FY20FY21FY22FY23FY24FY25
FLR -5.0%KBR +1.0%
Free cash flow
FLR FY2018: -$48.8MFLR FY2019: $38.2MFLR FY2020: $73MFLR FY2021: -$50MFLR FY2022: -$44MFLR FY2023: $106MFLR FY2024: $664MFLR FY2025: -$437MKBR FY2018: $148MKBR FY2019: $236MKBR FY2020: $347MKBR FY2021: $248MKBR FY2022: $325MKBR FY2023: $269MKBR FY2024: $410MKBR FY2025: $515MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$437MKBR $515M

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

Questions about Fluor and Kbr

Which is bigger by revenue, Fluor or Kbr?

Fluor is bigger by revenue: $15.5B in fiscal 2025, against $7.8B for Kbr in fiscal 2025.

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

Fluor had a net margin of -0.3% in fiscal 2025; Kbr had 5.3% in fiscal 2025.

Which grew revenue faster, Fluor or Kbr?

In their latest fiscal years revenue changed by -5.0% at Fluor and +1.0% at Kbr.

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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