Fluor Corporation Q4 2025 Earnings Call Summary

Management has transitioned from a 'fix-and-build' strategy to a 'grow-and-execute' chapter, focusing on project delivery and aggressive shareholder value return. The Energy Solutions segment loss was primarily driven by the $643 million Santos ruling; excluding this, management noted the segment exceeded internal performance expectations. Urban Solutions results were impacted by $108 million in cost growth across three infrastructure projects, though this was partially offset by favorable negotiation ...