Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16129 FLUOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 33-0927079 (State or other jur ...

Fluor Corporation (NYSE:FLR) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Jason Landkamer - Head-IR David Constable - Chairman and CEO Joe Brennan - CFO Conference Call Participants Michael Dudas - Vertical Research Steven Fisher - UBS Jamie Cook - Credit Suisse Andy Wittmann - Baird Sean Eastman - KeyBanc Capital Markets Andy Kaplowitz - Citi Michael Feniger - Bank of America William Kim - Davidson Operator Good morning and welcome to Fluor's Second Quarter 2022 Earnings ...

August 5, 2022 Q2 2022 Results © 2022 Fluor Corporation. All Rights Reserved. This presentation contains forward-looking statements (including without limitation statements to the effect that the Company or its management "will," "believes," "expects," "plans," "intends," "continue," is "positioned" or other similar expressions). These forward-looking statements, including statements relating to strategic and operational plans, projected operating results, forecasts, market outlook, new awards, backlog leve ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16129 FLUOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 33-0927079 (State or other jurisdic ...

RESULTS First Quarter 2022 Results Safe Harbor Statements Cautionary Note Regarding Forward-Looking Statements The information presented herein includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which Vistra Corp. ("Vistra") operates and beliefs of and assumptions made by Vistra's management, involve risks and unce ...

Fluor Corporation (NYSE:FLR) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Jason Landkamer – Head-Investor Relations David Constable – Chairman and Chief Executive Officer Joe Brennan – Chief Financial Officer Conference Call Participants Michael Dudas – Vertical Research Andy Wittmann – Baird Jamie Cook – Credit Suisse Sean Eastman – KeyBanc Capital Markets Steven Fisher – UBS Andy Kaplowitz – Citi Operator Please stand by, we are about to begin. Good morning and welcome to F ...

Revenue and Earnings - Revenue for the three months ended March 31, 2022, was $3,122 million, a decrease of 6.7% from $3,347 million in the same period of 2021[10] - Net earnings from continuing operations were $56 million, a recovery from a loss of $53 million in the previous year[12] - Basic earnings per share (EPS) from continuing operations was $0.27, compared to a loss of $0.61 in the same quarter of 2021[10] - Net earnings for Q1 2022 were $56 million, a significant improvement from a net loss of $54 million in Q1 2021[20] - Total segment profit for the 2022 Quarter was $115 million, compared to $60 million in the 2021 Quarter, representing a 91.7% increase[35] - Basic EPS from continuing operations was $0.27 in Q1 2022, recovering from a loss of $0.61 in Q1 2021[33] Profitability and Cash Flow - Gross profit for the same period was $123 million, compared to $93 million in the prior year, reflecting a significant improvement[10] - The company reported an operating profit of $96 million, a significant improvement from an operating loss of $32 million in the prior year[10] - Operating cash flow for Q1 2022 was $(188) million, compared to $(230) million in Q1 2021, indicating a reduced cash outflow[20] - The company reported a foreign currency translation adjustment of $29 million in Q1 2022, compared to $3 million in Q1 2021[12] Assets and Liabilities - Total assets decreased to $6,492 million as of March 31, 2022, down from $7,089 million at the end of 2021[17] - Total current liabilities decreased to $3,195 million from $3,614 million at the end of 2021, indicating improved liquidity[17] - Total debt as of March 31, 2022, was $1,196 million, a decrease from $1,192 million as of December 31, 2021[69] - The company reported contract assets totaling $1,011 million as of March 31, 2022, down from $1,066 million as of December 31, 2021[65] Segment Performance - Energy Solutions segment revenue increased to $1,174 million, up 18.5% from $991 million in the previous year[35] - Urban Solutions segment revenue decreased to $959 million, down 19.7% from $1,194 million in the previous year[35] - North America generated $1,908 million in revenue, a decrease of 7.7% from $2,068 million in the 2021 Quarter[41] Impairments and Adjustments - The company experienced a $63 million impairment reversal related to its Stork business, which was previously recorded[29] - Impairment for the 2022 Quarter was $63 million, compared to $47 million in the 2021 Quarter[42] Cash Management and Dividends - Cash and cash equivalents were $1,913 million, down from $2,209 million at the end of 2021, reflecting cash flow management challenges[17] - The company paid $10 million in dividends on CPS during Q1 2022, with no dividends paid in Q1 2021[20] - Cumulative cash dividends on preferred stock are payable at an annual rate of 6.5%, with $10 million paid in February 2022 and another $10 million approved for May 2022[74] Other Comprehensive Income - The total Other Comprehensive Income (OCI) attributable to Fluor for the first quarter of 2022 was $28 million, compared to $1 million for the same period in 2021[91] - The balance of OCI attributable to Fluor as of March 31, 2022, was $(337) million, compared to $(366) million as of December 31, 2021[94] - The foreign currency translation adjustments contributed $29 million to OCI for the first quarter of 2022, compared to $3 million in the same quarter of 2021[91] Future Commitments and Investigations - The maximum potential amount of future payments under outstanding performance guarantees was estimated to be $14 billion as of March 31, 2022[49] - The company is involved in ongoing investigations by the SEC and DOJ related to project accounting and financial reporting matters[64]

Fluor Corporation (NYSE:FLR) Q4 2021 Earnings Conference Call February 22, 2022 8:30 AM ET Company Participants Jason Landkamer - Head of Investor Relation David Constable - Chief Executive Officer Joe Brennan - Executive Vice President & Chief Financial Officer Conference Call Participants Jamie Cook - Credit Suisse Michael Dudas - Vertical Research Sean Eastman - KeyBanc Capital Markets Andy Kaplowitz - Citi Andrew Wittmann - Baird Michael Feniger - Bank of America Zane Karimi - D. A. Davidson Operator Go ...

Table of Contents FLUOR CORPORATION INDEX TO CONSOLIDATED FINANCIAL STATEMENTS ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-16129 FLUOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 33-0927079 (State or other jurisdiction of (I.R.S. Employer ...

FLUOR, 2021 Q3 CONFERENCE CALL FLUOR, 十 November 5, 2021 FLUOR SAFE HARBOR STATEMENT This presentation contains forward-looking statements (including without limitation statements to the effect that the Company or its management "will," "believes," "expects," "plans," "intends," "continue," is "positioned" or other similar expressions). These forwardlooking statements, including statements relating to strategic and operational plans, projected operating results, forecasts, market outlook, new awards, backlo ...