vs

Side-by-side financial comparison of FLUOR CORP (FLR) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

FLUOR CORP is the larger business by last-quarter revenue ($4.2B vs $2.1B, roughly 2.0× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs -37.7%, a 43.5% gap on every dollar of revenue. On growth, FLUOR CORP posted the faster year-over-year revenue change (-2.0% vs -4.8%). Interpublic Group of Companies (The) produced more free cash flow last quarter ($153.6M vs $-378.0M). Over the past eight quarters, FLUOR CORP's revenue compounded faster (5.7% CAGR vs -9.1%).

Fluor Corporation is an American engineering and construction firm, headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in three main areas: oil and gas, industrial and infrastructure, government and power. It is the largest publicly traded engineering and construction company in the Fortune 500 rankings and is listed as 265th overall.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

FLR vs IPG — Head-to-Head

Bigger by revenue
FLR
FLR
2.0× larger
FLR
$4.2B
$2.1B
IPG
Growing faster (revenue YoY)
FLR
FLR
+2.8% gap
FLR
-2.0%
-4.8%
IPG
Higher net margin
IPG
IPG
43.5% more per $
IPG
5.8%
-37.7%
FLR
More free cash flow
IPG
IPG
$531.6M more FCF
IPG
$153.6M
$-378.0M
FLR
Faster 2-yr revenue CAGR
FLR
FLR
Annualised
FLR
5.7%
-9.1%
IPG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FLR
FLR
IPG
IPG
Revenue
$4.2B
$2.1B
Net Profit
$-1.6B
$124.2M
Gross Margin
3.2%
Operating Margin
1.3%
10.3%
Net Margin
-37.7%
5.8%
Revenue YoY
-2.0%
-4.8%
Net Profit YoY
-184.4%
517.9%
EPS (diluted)
$-9.40
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLR
FLR
IPG
IPG
Q4 25
$4.2B
Q3 25
$3.4B
$2.1B
Q2 25
$4.0B
$2.2B
Q1 25
$4.0B
$2.0B
Q4 24
$4.3B
$2.4B
Q3 24
$4.1B
$2.2B
Q2 24
$4.2B
$2.3B
Q1 24
$3.7B
$2.2B
Net Profit
FLR
FLR
IPG
IPG
Q4 25
$-1.6B
Q3 25
$-697.0M
$124.2M
Q2 25
$2.5B
$162.5M
Q1 25
$-241.0M
$-85.4M
Q4 24
$1.9B
$344.5M
Q3 24
$54.0M
$20.1M
Q2 24
$169.0M
$214.5M
Q1 24
$59.0M
$110.4M
Gross Margin
FLR
FLR
IPG
IPG
Q4 25
3.2%
Q3 25
-13.3%
Q2 25
1.4%
Q1 25
3.5%
-3.2%
Q4 24
4.9%
10.1%
Q3 24
2.1%
2.9%
Q2 24
4.2%
1.2%
Q1 24
2.7%
-1.1%
Operating Margin
FLR
FLR
IPG
IPG
Q4 25
1.3%
Q3 25
-14.7%
10.3%
Q2 25
-0.7%
11.2%
Q1 25
2.3%
-2.1%
Q4 24
4.4%
23.3%
Q3 24
1.2%
5.9%
Q2 24
4.2%
13.7%
Q1 24
1.4%
8.4%
Net Margin
FLR
FLR
IPG
IPG
Q4 25
-37.7%
Q3 25
-20.7%
5.8%
Q2 25
61.8%
7.5%
Q1 25
-6.1%
-4.3%
Q4 24
43.7%
14.1%
Q3 24
1.3%
0.9%
Q2 24
4.0%
9.2%
Q1 24
1.6%
5.1%
EPS (diluted)
FLR
FLR
IPG
IPG
Q4 25
$-9.40
Q3 25
$-4.30
$0.34
Q2 25
$14.81
$0.44
Q1 25
$-1.42
$-0.23
Q4 24
$10.68
$0.92
Q3 24
$0.31
$0.05
Q2 24
$0.97
$0.57
Q1 24
$0.34
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLR
FLR
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$2.2B
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
$3.7B
Total Assets
$8.2B
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLR
FLR
IPG
IPG
Q4 25
$2.2B
Q3 25
$2.8B
$1.5B
Q2 25
$2.3B
$1.6B
Q1 25
$2.5B
$1.9B
Q4 24
$3.0B
$2.2B
Q3 24
$3.0B
$1.5B
Q2 24
$2.7B
$1.5B
Q1 24
$2.4B
$1.9B
Stockholders' Equity
FLR
FLR
IPG
IPG
Q4 25
$3.2B
Q3 25
$5.2B
$3.7B
Q2 25
$5.9B
$3.7B
Q1 25
$3.6B
$3.6B
Q4 24
$3.9B
$3.8B
Q3 24
$2.3B
$3.7B
Q2 24
$2.1B
$3.8B
Q1 24
$2.0B
$3.8B
Total Assets
FLR
FLR
IPG
IPG
Q4 25
$8.2B
Q3 25
$11.5B
$17.0B
Q2 25
$11.8B
$17.0B
Q1 25
$8.4B
$17.1B
Q4 24
$9.1B
$18.3B
Q3 24
$7.1B
$17.1B
Q2 24
$6.8B
$17.0B
Q1 24
$6.7B
$17.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLR
FLR
IPG
IPG
Operating Cash FlowLast quarter
$-366.0M
$180.1M
Free Cash FlowOCF − Capex
$-378.0M
$153.6M
FCF MarginFCF / Revenue
-9.1%
7.2%
Capex IntensityCapex / Revenue
0.3%
1.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$-437.0M
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLR
FLR
IPG
IPG
Q4 25
$-366.0M
Q3 25
$286.0M
$180.1M
Q2 25
$-21.0M
$-96.0M
Q1 25
$-286.0M
$-37.0M
Q4 24
$327.0M
$868.1M
Q3 24
$330.0M
$223.8M
Q2 24
$282.0M
$120.7M
Q1 24
$-111.0M
$-157.4M
Free Cash Flow
FLR
FLR
IPG
IPG
Q4 25
$-378.0M
Q3 25
$273.0M
$153.6M
Q2 25
$-35.0M
$-121.8M
Q1 25
$-297.0M
$-58.5M
Q4 24
$296.0M
$833.5M
Q3 24
$279.0M
$186.5M
Q2 24
$234.0M
$85.9M
Q1 24
$-145.0M
$-192.5M
FCF Margin
FLR
FLR
IPG
IPG
Q4 25
-9.1%
Q3 25
8.1%
7.2%
Q2 25
-0.9%
-5.6%
Q1 25
-7.5%
-2.9%
Q4 24
6.9%
34.2%
Q3 24
6.8%
8.3%
Q2 24
5.5%
3.7%
Q1 24
-3.9%
-8.8%
Capex Intensity
FLR
FLR
IPG
IPG
Q4 25
0.3%
Q3 25
0.4%
1.2%
Q2 25
0.4%
1.2%
Q1 25
0.3%
1.1%
Q4 24
0.7%
1.4%
Q3 24
1.2%
1.7%
Q2 24
1.1%
1.5%
Q1 24
0.9%
1.6%
Cash Conversion
FLR
FLR
IPG
IPG
Q4 25
Q3 25
1.45×
Q2 25
-0.01×
-0.59×
Q1 25
Q4 24
0.18×
2.52×
Q3 24
6.11×
11.13×
Q2 24
1.67×
0.56×
Q1 24
-1.88×
-1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLR
FLR

Urban Solutions Segment$2.6B63%
Energy Solutions Segment$943.0M23%
Mission Solutions Segment$600.0M14%

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

Related Comparisons