Published on 22 May 2024 on Simply Wall St. via Yahoo Finance
Fluor Corporation's (NYSE:FLR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Fluor's (NYSE:FLR) stock is up by a considerable 14% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Fluor's ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.