FLR
Fluor Corporation
FLR's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over FLR overall, supported by stronger valuation and stronger modeled upside.
FLR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Strong |
FLR's revenue and balance sheet are currently healthy, but its profitability and cash flow are under pressure.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
FLR PE Valuation
FLR has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
FLR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FLR, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
FLR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.38 | — |
| Q3 2026 | -$6.35 | -132% |
| Q2 2026 | -$11.81 | -148% |
| Q1 2026 | $2.19 | -79% |
| Q4 2025 | -$0.31 | -103% |
| Q3 2025 | $19.77 | +1236% |
| Q2 2025 | $24.38 | +951% |
| Q1 2025 | $10.54 | +520% |
| Q4 2024 | $12.30 | +2178% |
FLR has swung to a loss: it lost $6.35 per share over the past year, after a profit the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over FLR on earnings quality, reporting a profit while its opponent remains loss making.
FLR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +10% |
| Q2 2026 | $4.3B | +8.8% |
| Q1 2026 | $3.7B | -8% |
| Q4 2025 | $4.2B | -2% |
| Q3 2025 | $3.4B | -18% |
| Q2 2025 | $4B | -5.9% |
| Q1 2025 | $4B | +6.6% |
| Q4 2024 | $4.3B | +12% |
FLR's revenue has held roughly level: $3.7B last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6% | +21 points |
| Q2 2026 | 3.1% | +3.8 points |
| Q1 2026 | 2.5% | +0.2 points |
| Q4 2025 | 1.3% | -3.1 points |
| Q3 2025 | -15% | -16 points |
| Q2 2025 | -0.7% | -4.8 points |
| Q1 2025 | 2.3% | +0.9 points |
| Q4 2024 | 4.4% | +5 points |
FLR's operating margin was 6% last quarter, up 21 points from the same quarter a year ago, near the top of its range since 2019.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over FLR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over FLR on profitability, with a higher operating margin.
FLR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $178M | -35% |
| Q2 2026 | -$324M | -$289M |
| Q1 2026 | $99M | +$396M |
| Q4 2025 | -$378M | -228% |
| Q3 2025 | $273M | -2.2% |
| Q2 2025 | -$35M | -115% |
| Q1 2025 | -$297M | -$152M |
| Q4 2024 | $296M | +8.4% |
FLR's free cash flow was −$425M over the past year, against $237M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over FLR on cash generation, producing positive trailing cash flow while its opponent burns cash.
FLR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.5% | -5M shares |
| 1 year | -16% | -26M shares |
| 3 years | -7.5% | -11M shares |
| 5 years | -3.8% | -5.4M shares |
| Available history | -2.9% | -4.1M shares |
FLR has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300M |
| Q2 2026 | $300M |
| Q1 2026 | $516M |
| Q4 2025 | $389M |
| Q3 2025 | $70M |
| Q2 2025 | $153M |
| Q1 2025 | $142M |
FLR spent $1.5B buying back its own shares over the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
FLR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.9x | Net Cash |
| Q2 2025 | -3.0x | Net Cash |
| Q1 2025 | -2.3x | Net Cash |
| Q4 2024 | -3.2x | Net Cash |
| Q3 2024 | -5.6x | Net Cash |
| Q2 2024 | -3.0x | Net Cash |
| Q1 2024 | -2.9x | Net Cash |
| Q4 2023 | -6.2x | Net Cash |
FLR has the edge over VRT on leverage, with a lower net debt burden relative to earnings.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
FLR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.0 | Neutral |
| Stochastic | 31.6 | Neutral |
FLR's weekly RSI is 50 (neutral) and its Stochastic is 32 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
FLR PE vs Industrials Sector
| Metric | FLR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
FLR has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
FLR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.1 | 3% above |
| 20 week MA | $50.8 | 2.6% below |
| 50 week MA | $48.3 | 2.5% above |
| 100 week MA | $46.0 | 7.7% above |
| 200 week MA | $42.6 | 16% above |
FLR has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
FLR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.1 | $16.5 | -9.1% |
| 2021 | $16.5 | $24.5 | +49% |
| 2022 | $24.5 | $35.2 | +43% |
| 2023 | $35.2 | $39.2 | +11% |
| 2024 | $39.2 | $50.1 | +28% |
| 2025 | $50.1 | $40.8 | -18% |
| 2026 YTD | $40.8 | $49.5 | +21% |
FLR has finished higher in four of the last six years. It's up 21% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over FLR on returns for 2026, with the stronger performance.