Fluor Corporation issued FY 2026 guidance calling for adjusted EBITDA of $525 million to $585 million and operating cash flow of about $300 million. The company also expects new awards “book-to-burn” to be above 1, with G&A expense forecast at $175 million to $185 million, an effective tax rate of 26% to 28%, and net interest income of $35 million to $45 million. Segment margin guidance indicates differing performance expectations across the business, with Mission Solutions projected at about 6.0%, compared with 4.0%–5.0% for Energy Solutions and 3.0%–4.0% for Urban Solutions.

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