FLR vs. CAT

Last updated Jun 3, 2026

FLR (Fluor Corporation) and CAT (Caterpillar Inc.) are both stocks. Both are in the Industrials sector — FLR in Engineering & Construction, CAT in Farm & Heavy Construction Machinery. Over the past 10 years, FLR returned 0.23%/yr vs 31.29%/yr for CAT. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

FLR vs. CAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fluor Corporation (FLR) and Caterpillar Inc. (CAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLR achieves a 24.50% return, which is significantly lower than CAT's 59.49% return. Over the past 10 years, FLR has underperformed CAT with an annualized return of 0.23%, while CAT has yielded a comparatively higher 31.29% annualized return.

FLR

• 1D: 5.99%
• 1M: -6.91%
• YTD: 24.50%
• 6M: 15.69%
• 1Y: 19.90%
• 3Y*: 18.66%
• 5Y*: 20.05%
• 10Y*: 0.23%

CAT

• 1D: 5.14%
• 1M: 2.26%
• YTD: 59.49%
• 6M: 56.86%
• 1Y: 166.82%
• 3Y*: 61.35%
• 5Y*: 32.48%
• 10Y*: 31.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLR vs. CAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLR Fluor Corporation	24.50%	-19.65%	25.91%	13.01%	39.93%	55.10%	-14.55%	-39.54%	-36.61%	0.15%
CAT Caterpillar Inc.	59.49%	60.30%	24.66%	25.95%	18.60%	15.95%	26.97%	19.51%	-17.56%	75.03%

Correlation

The correlation between FLR and CAT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Dec 4, 2000	0.56

The correlation between FLR and CAT shifts across timeframes, from 0.46 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS FLR : $2.65 CAT : $20.07
PE Ratio FLR : 18.61 CAT : 45.33
PEG Ratio FLR : 0.04 CAT : 3.00
PS Ratio FLR : 0.43 CAT : 6.03
Total Revenue (TTM) FLR : $15.19B CAT : $70.76B
Gross Profit (TTM) FLR : -$247.00M CAT : $23.01B
EBITDA (TTM) FLR : -$276.00M CAT : $15.31B

Return for Risk

FLR vs. CAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLR

FLR Risk / Return Rank: 52
FLR Sharpe Ratio Rank: 53
FLR Sortino Ratio Rank: 48
FLR Omega Ratio Rank: 53
FLR Calmar Ratio Rank: 54
FLR Martin Ratio Rank: 50

CAT

CAT Risk / Return Rank: 98
CAT Sharpe Ratio Rank: 98
CAT Sortino Ratio Rank: 98
CAT Omega Ratio Rank: 97
CAT Calmar Ratio Rank: 98
CAT Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLR vs. CAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fluor Corporation (FLR) and Caterpillar Inc. (CAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FLR	CAT	Difference
Sharpe ratio Return per unit of total volatility	0.38	4.95	-4.56
Sortino ratio Return per unit of downside risk	0.82	5.65	-4.83
Omega ratio Gain probability vs. loss probability	1.13	1.72	-0.59
Calmar ratio Return relative to maximum drawdown	0.62	11.83	-11.22
Martin ratio Return relative to average drawdown	0.96	39.43	-38.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLR vs. CAT - Sharpe Ratio Comparison

The current FLR Sharpe Ratio is 0.38, which is lower than the CAT Sharpe Ratio of 4.95. The chart below compares the historical Sharpe Ratios of FLR and CAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLR	CAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	4.95	-4.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	1.07	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	1.02	-1.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.35	-0.22

Drawdowns

FLR vs. CAT - Drawdown Comparison

The maximum FLR drawdown since its inception was -95.89%, which is greater than CAT's maximum drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for FLR and CAT.

Drawdown Indicators

	FLR	CAT	Difference
Max Drawdown Largest peak-to-trough decline	-95.89%	-73.43%	-22.46%
Max Drawdown (1Y) Largest decline over 1 year	-30.19%	-13.88%	-16.31%
Max Drawdown (3Y) Largest decline over 3 years	-47.63%	-34.05%	-13.58%
Max Drawdown (5Y) Largest decline over 5 years	-47.63%	-34.05%	-13.58%
Max Drawdown (10Y) Largest decline over 10 years	-94.16%	-43.36%	-50.80%
Current Drawdown Current decline from peak	-40.30%	-1.85%	-38.45%
Average Drawdown Average peak-to-trough decline	-41.62%	-19.74%	-21.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.38%	4.17%	+15.21%

Volatility

FLR vs. CAT - Volatility Comparison

Fluor Corporation (FLR) has a higher volatility of 20.98% compared to Caterpillar Inc. (CAT) at 11.22%. This indicates that FLR's price experiences larger fluctuations and is considered to be riskier than CAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLR	CAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.98%	11.22%	+9.76%
Volatility (6M) Calculated over the trailing 6-month period	33.63%	27.11%	+6.52%
Volatility (1Y) Calculated over the trailing 1-year period	52.04%	33.97%	+18.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.09%	30.61%	+14.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.63%	30.87%	+26.76%

Dividends

FLR vs. CAT - Dividend Comparison

FLR has not paid dividends to shareholders, while CAT's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAT Caterpillar Inc.	0.66%	1.02%	1.49%	1.69%	1.93%	2.07%	2.26%	2.56%	2.58%	1.97%	3.32%	4.33%
FLR Fluor Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.63%	3.87%	2.61%	1.63%	1.60%	1.78%

Financials

FLR vs. CAT - Profitability Comparison

The chart below illustrates the profitability comparison between Fluor Corporation and Caterpillar Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FLR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fluor Corporation reported a gross profit of 13.00M and revenue of 3.66B. Therefore, the gross margin over that period was 0.4%.

CAT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.

FLR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fluor Corporation reported an operating income of 92.00M and revenue of 3.66B, resulting in an operating margin of 2.5%.

CAT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.

FLR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fluor Corporation reported a net income of 160.00M and revenue of 3.66B, resulting in a net margin of 4.4%.

CAT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.

Frequently Asked Questions

Can I hold both FLR and CAT in my portfolio?

FLR and CAT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLR or CAT?

FLR has higher volatility (20.98%) compared to CAT (11.22%). In terms of maximum drawdown, FLR dropped -95.89% vs CAT's -73.43%.

Which has better risk-adjusted returns?

CAT currently has the higher Sharpe Ratio (4.95 vs 0.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.