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

Fluor brought in $15.5B of revenue in fiscal 2025, Southland $772.2M in fiscal 2025. Revenue changed by -5.0% at Fluor and -21.2% at Southland on the year before, so Fluor grew faster. Fluor kept -0.3% of its revenue as net profit, Southland -39.7%. Free cash flow was -$437M at Fluor and $12.7M at Southland.

Side by side, latest fiscal year

FLRSLND
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$15.5B$772.2M
Revenue growth-5.0%-21.2%
Net income-$51M-$306.5M
Net margin-0.3%-39.7%
Free cash flow-$437M$12.7M
Free cash flow margin-2.8%1.6%
Earnings per share (diluted)-$0.31-$5.67
Cash$2.1B$52.7M
Debt$1.1B$257.7M
Price to earningsn/an/a
Market value$6.7B$35.9M
Dividend yieldn/an/a
Rank by revenue in sector#42 of 451 · Industrials#288 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: $15.5BSLND FY2021: $1.3BSLND FY2022: $1.2BSLND FY2023: $1.2BSLND FY2024: $980.2MSLND FY2025: $772.2MFY18FY19FY20FY21FY22FY23FY24FY25
FLR $15.5BSLND $772.2M
Net income
FLR FY2018: $173.5MFLR FY2019: -$1.5BFLR FY2020: -$435MFLR FY2021: -$440MFLR FY2022: $145MFLR FY2023: $139MFLR FY2024: $2.1BFLR FY2025: -$51MSLND FY2021: $38.7MSLND FY2022: $60.5MSLND FY2023: -$19.3MSLND FY2024: -$105.4MSLND FY2025: -$306.5MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$51MSLND -$306.5M
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%SLND FY2021: 3.0%SLND FY2022: 5.2%SLND FY2023: -1.7%SLND FY2024: -10.7%SLND FY2025: -39.7%FY18FY19FY20FY21FY22FY23FY24FY25
FLR -0.3%SLND -39.7%
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%SLND FY2022: -9.2%SLND FY2023: -0.1%SLND FY2024: -15.5%SLND FY2025: -21.2%FY19FY20FY21FY22FY23FY24FY25
FLR -5.0%SLND -21.2%
Free cash flow
FLR FY2018: -$48.8MFLR FY2019: $38.2MFLR FY2020: $73MFLR FY2021: -$50MFLR FY2022: -$44MFLR FY2023: $106MFLR FY2024: $664MFLR FY2025: -$437MSLND FY2021: -$109.4MSLND FY2022: -$71MSLND FY2023: -$21.1MSLND FY2024: -$5.5MSLND FY2025: $12.7MFY18FY19FY20FY21FY22FY23FY24FY25
FLR -$437MSLND $12.7M

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

Questions about Fluor and Southland

Which is bigger by revenue, Fluor or Southland?

Fluor is bigger by revenue: $15.5B in fiscal 2025, against $772.2M for Southland in fiscal 2025.

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

Fluor had a net margin of -0.3% in fiscal 2025; Southland had -39.7% in fiscal 2025.

Which grew revenue faster, Fluor or Southland?

In their latest fiscal years revenue changed by -5.0% at Fluor and -21.2% at Southland.

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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