Fluor Net Interest Income vs Operating Income Analysis

FLR Stock

USD 56.13 0.88 1.59%

Fluor financial indicator trend analysis is much more than just examining Fluor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluor is a good investment. Please check the relationship between Fluor Net Interest Income and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluor Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fluor's Net Interest Income and Operating Income is -0.21. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fluor, assuming nothing else is changed. The correlation between historical values of Fluor's Net Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Fluor are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., Fluor's Net Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Operating Income

Operating Income is the amount of profit realized from Fluor operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fluor is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Fluor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.At this time, Fluor's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/01/2024, Enterprise Value Multiple is likely to grow to 14.19, while Tax Provision is likely to drop slightly above 162.4 M.

	2021	2022	2023	2024 (projected)
Total Revenue	12.4B	13.7B	15.5B	17.7B
Interest Expense	84.5M	59M	60M	57M

Total Revenue Interest Expense

Fluor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will
Total Assets		0.55	-0.33	0.81	0.61	-0.16	-0.07	0.63	0.6	-0.16	0.47	0.14	-0.79	0.67	-0.33	0.88	-0.25	-0.66	0.36	0.77	0.87	0.58	0.56	0.62	0.25	0.52
Short Long Term Debt Total	0.55		0.06	0.54	-0.24	-0.44	0.49	0.48	0.51	-0.71	0.99	0.33	-0.34	0.74	-0.49	0.39	-0.11	-0.41	0.77	0.04	0.2	0.39	1.0	0.38	0.68	0.85
Other Current Liab	-0.33	0.06		-0.13	-0.47	-0.36	-0.07	-0.19	0.13	-0.34	0.13	-0.35	0.47	-0.28	0.3	-0.26	0.61	-0.07	0.31	-0.63	-0.3	0.05	0.06	-0.04	0.17	0.0
Total Current Liabilities	0.81	0.54	-0.13		0.2	-0.54	-0.24	0.22	0.36	-0.19	0.48	-0.14	-0.64	0.51	-0.65	0.89	-0.27	-0.77	0.36	0.39	0.8	0.75	0.55	0.72	0.34	0.39
Total Stockholder Equity	0.61	-0.24	-0.47	0.2		0.45	-0.3	0.5	0.3	0.4	-0.32	0.1	-0.54	0.18	0.29	0.48	-0.11	-0.21	-0.29	0.91	0.68	0.11	-0.23	0.2	-0.31	-0.05
Property Plant And Equipment Net	-0.16	-0.44	-0.36	-0.54	0.45		0.4	0.42	0.04	0.48	-0.46	0.36	-0.03	-0.17	0.66	-0.47	-0.32	0.77	-0.5	0.38	-0.11	-0.8	-0.44	-0.75	-0.45	-0.04
Net Debt	-0.07	0.49	-0.07	-0.24	-0.3	0.4		0.57	0.21	-0.39	0.52	0.62	0.04	0.36	0.14	-0.45	-0.3	0.55	0.25	-0.12	-0.34	-0.61	0.48	-0.6	0.3	0.7
Non Current Assets Total	0.63	0.48	-0.19	0.22	0.5	0.42	0.57		0.65	-0.3	0.45	0.54	-0.42	0.62	0.24	0.19	-0.19	0.01	0.23	0.57	0.4	-0.18	0.48	-0.12	0.19	0.78
Non Currrent Assets Other	0.6	0.51	0.13	0.36	0.3	0.04	0.21	0.65		-0.31	0.48	0.18	-0.36	0.45	0.0	0.37	-0.09	-0.21	0.62	0.42	0.33	0.23	0.52	0.25	0.11	0.54
Common Stock Shares Outstanding	-0.16	-0.71	-0.34	-0.19	0.4	0.48	-0.39	-0.3	-0.31		-0.76	-0.27	-0.13	-0.53	0.25	-0.06	-0.32	0.32	-0.7	0.34	0.13	-0.15	-0.7	-0.18	-0.52	-0.61
Non Current Liabilities Total	0.47	0.99	0.13	0.48	-0.32	-0.46	0.52	0.45	0.48	-0.76		0.29	-0.3	0.69	-0.46	0.32	-0.06	-0.37	0.82	-0.04	0.13	0.34	0.99	0.32	0.65	0.83
Other Current Assets	0.14	0.33	-0.35	-0.14	0.1	0.36	0.62	0.54	0.18	-0.27	0.29		-0.09	0.73	0.13	-0.17	-0.1	0.29	0.03	0.23	-0.04	-0.35	0.32	-0.24	0.28	0.47
Other Stockholder Equity	-0.79	-0.34	0.47	-0.64	-0.54	-0.03	0.04	-0.42	-0.36	-0.13	-0.3	-0.09		-0.47	0.29	-0.73	0.36	0.42	-0.23	-0.8	-0.79	-0.38	-0.37	-0.4	0.06	-0.25
Total Liab	0.67	0.74	-0.28	0.51	0.18	-0.17	0.36	0.62	0.45	-0.53	0.69	0.73	-0.47		-0.31	0.47	-0.08	-0.38	0.45	0.4	0.43	0.29	0.75	0.38	0.53	0.69
Property Plant And Equipment Gross	-0.33	-0.49	0.3	-0.65	0.29	0.66	0.14	0.24	0.0	0.25	-0.46	0.13	0.29	-0.31		-0.55	0.44	0.52	-0.38	0.03	-0.22	-0.63	-0.48	-0.6	-0.34	-0.17
Total Current Assets	0.88	0.39	-0.26	0.89	0.48	-0.47	-0.45	0.19	0.37	-0.06	0.32	-0.17	-0.73	0.47	-0.55		-0.14	-0.87	0.32	0.61	0.86	0.85	0.41	0.86	0.2	0.18
Short Term Debt	-0.25	-0.11	0.61	-0.27	-0.11	-0.32	-0.3	-0.19	-0.09	-0.32	-0.06	-0.1	0.36	-0.08	0.44	-0.14		-0.25	0.13	-0.35	-0.19	0.13	-0.1	0.15	-0.02	-0.25
Other Assets	-0.66	-0.41	-0.07	-0.77	-0.21	0.77	0.55	0.01	-0.21	0.32	-0.37	0.29	0.42	-0.38	0.52	-0.87	-0.25		-0.4	-0.24	-0.64	-0.93	-0.42	-0.93	-0.33	-0.11
Other Liab	0.36	0.77	0.31	0.36	-0.29	-0.5	0.25	0.23	0.62	-0.7	0.82	0.03	-0.23	0.45	-0.38	0.32	0.13	-0.4		-0.09	-0.01	0.4	0.79	0.39	0.34	0.5
Retained Earnings	0.77	0.04	-0.63	0.39	0.91	0.38	-0.12	0.57	0.42	0.34	-0.04	0.23	-0.8	0.4	0.03	0.61	-0.35	-0.24	-0.09		0.76	0.2	0.05	0.27	-0.2	0.14
Accounts Payable	0.87	0.2	-0.3	0.8	0.68	-0.11	-0.34	0.4	0.33	0.13	0.13	-0.04	-0.79	0.43	-0.22	0.86	-0.19	-0.64	-0.01	0.76		0.54	0.22	0.56	0.08	0.22
Cash	0.58	0.39	0.05	0.75	0.11	-0.8	-0.61	-0.18	0.23	-0.15	0.34	-0.35	-0.38	0.29	-0.63	0.85	0.13	-0.93	0.4	0.2	0.54		0.39	0.99	0.3	0.02
Long Term Debt	0.56	1.0	0.06	0.55	-0.23	-0.44	0.48	0.48	0.52	-0.7	0.99	0.32	-0.37	0.75	-0.48	0.41	-0.1	-0.42	0.79	0.05	0.22	0.39		0.39	0.68	0.84
Cash And Short Term Investments	0.62	0.38	-0.04	0.72	0.2	-0.75	-0.6	-0.12	0.25	-0.18	0.32	-0.24	-0.4	0.38	-0.6	0.86	0.15	-0.93	0.39	0.27	0.56	0.99	0.39		0.28	0.03
Net Receivables	0.25	0.68	0.17	0.34	-0.31	-0.45	0.3	0.19	0.11	-0.52	0.65	0.28	0.06	0.53	-0.34	0.2	-0.02	-0.33	0.34	-0.2	0.08	0.3	0.68	0.28		0.58
Good Will	0.52	0.85	0.0	0.39	-0.05	-0.04	0.7	0.78	0.54	-0.61	0.83	0.47	-0.25	0.69	-0.17	0.18	-0.25	-0.11	0.5	0.14	0.22	0.02	0.84	0.03	0.58

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Fluor Account Relationship Matchups

Fluor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0B	7.3B	7.3B	6.8B	7.0B	6.9B
Short Long Term Debt Total	1.7B	1.7B	1.2B	1.1B	1.2B	770.9M
Other Current Liab	1.2B	2.5B	1.4B	1.3B	3.2B	3.3B
Total Current Liabilities	3.9B	3.6B	3.9B	3.2B	3.2B	3.1B
Total Stockholder Equity	1.5B	1.0B	1.4B	1.8B	1.9B	2.4B
Property Plant And Equipment Net	543.0M	561.1M	386.6M	447M	458M	636.3M
Net Debt	(306.7M)	(463.3M)	(1.0B)	(1.3B)	(1.4B)	(1.3B)
Non Current Assets Total	2.5B	2.3B	1.7B	1.8B	1.9B	2.5B
Non Currrent Assets Other	478.6M	755.5M	558.8M	512M	581M	610.1M
Common Stock Shares Outstanding	140.2M	140.5M	141M	145M	153M	127.8M
Liabilities And Stockholders Equity	7.9B	7.3B	7.3B	6.8B	7.0B	6.9B
Non Current Liabilities Total	2.5B	2.5B	1.8B	1.6B	1.8B	1.5B
Other Current Assets	906.7M	1.0B	608M	396M	347M	329.7M
Other Stockholder Equity	(379.9M)	195.9M	967M	1.3B	959M	1.0B
Total Liab	6.4B	6.0B	5.7B	4.8B	4.9B	4.9B
Total Current Assets	5.5B	5.0B	5.6B	5.0B	5.1B	4.7B
Short Term Debt	38.7M	4.9M	18M	152M	1.9B	1.9B
Other Assets	635.7M	1.3B	609.9M	398M	358.2M	340.3M
Other Liab	606.6M	764.5M	641.5M	534M	614.1M	610.5M
Retained Earnings	1.7B	1.2B	790.4M	896M	979M	930.1M
Accounts Payable	1.5B	1.1B	1.2B	1.0B	1.2B	1.3B
Cash	2.0B	2.2B	2.2B	2.4B	2.5B	1.8B
Long Term Debt	1.7B	1.7B	1.2B	978M	1.2B	721.7M
Cash And Short Term Investments	2.0B	2.2B	2.3B	2.6B	2.6B	1.9B
Net Receivables	2.0B	1.8B	2.2B	2.0B	2.1B	1.5B
Good Will	450.4M	349.3M	206.5M	206M	185.4M	176.1M
Accumulated Other Comprehensive Income	(380M)	(416.9M)	(365.7M)	(365M)	(269M)	(282.5M)
Property Plant Equipment	854.9M	561.1M	386.6M	447M	514.1M	835.9M
Short Term Investments	7.3M	23.3M	127.2M	185M	69M	65.6M
Net Tangible Assets	979.3M	1.7B	1.2B	2.4B	2.1B	2.2B
Noncontrolling Interest In Consolidated Entity	96.3M	233.0M	174.2M	210M	241.5M	133.5M
Retained Earnings Total Equity	1.7B	1.2B	790.4M	896M	806.4M	766.1M
Long Term Debt Total	1.7B	1.7B	1.2B	978M	1.1B	1.1B
Capital Surpluse	165.3M	195.9M	966.3M	1.3B	1.4B	1.5B

Pair Trading with Fluor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fluor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fluor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fluor Stock

0.8	J	Jacobs Solutions	Pair Corr
0.73	VATE	Innovate Corp	Pair Corr

The ability to find closely correlated positions to Fluor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fluor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fluor to buy it.

The correlation of Fluor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fluor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fluor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fluor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Fluor Stock Analysis

When running Fluor's price analysis, check to measure Fluor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.

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