FLR vs FER vs EME Stock Comparison

Fluor, Ferrovial and Emcor Prices as of Oct 27, 2026 Peers: Industry group
FLR Fluor Corp
$46.18 -8.3% 1M -4.8% 1Y
Market cap
$6.26B
P/E
–
Revenue (TTM)
$15.54B
Div. yield
–
Engineering and Construction Industrials
2 wins
FER Ferrovial N.V.
$54.02 -3.2% 1M -16.7% 1Y
Market cap
$38.93B
P/E
38.7x
Revenue (TTM)
—
Div. yield
1.37%
Engineering and Construction Industrials
3 wins
EME EMCOR Group, Inc.
$666.57 -12.6% 1M -11.7% 1Y
Market cap
$29.49B
P/E
20.6x
Revenue (TTM)
$18.60B
Div. yield
0.24%
Engineering and Construction Industrials
5 wins

Head to Head

10 decided of 12

Emcor leads on 5 of the 12 questions below (Emcor 5, Ferrovial 3, Fluor 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFLRFEREMELeader
Larger companyMarket capitalisation $6.26B $38.93B $29.49B FER
Cheaper on earningsLower P/E, profitable companies only -3.2x 38.7x 20.6x EME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 50.5x 19.2x FLR
Faster revenue growthRevenue growth, trailing twelve months -4.8% — +18.9% EME
More profitableNet margin, trailing twelve months -12.8% — 7.7% EME
Better return on capitalReturn on invested capital 0.0% — — –
Less leveragedLower net debt / EBITDA 13.1x — — –
Higher dividend yieldTrailing dividend yield 0.00% 1.37% 0.24% FER
Better 1-year returnPrice return, last 12 months -4.8% -16.7% -11.7% FLR
Better 5-year returnAnnualised price return, 5 years +18.5%/yr +12.9%/yr +39.9%/yr EME
Less volatileAnnualised volatility, 1 year 48.4% 26.3% 45.4% FER
Higher overall scoreMean of the five percentile scores vs peers 46/100 47/100 65/100 EME

Percentile Scorecard

FLRFEREME

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFLRFEREME
Valuation 31 #36 of 52 35 #34 of 52 59 #22 of 52
Growth 3 #36 of 37 – 56 #17 of 37
Profitability 22 #29 of 37 – 86 #6 of 37
Financial Health 71 #17 of 57 34 #38 of 57 70 #18 of 57
Shareholder Returns 100 #1 of 27 73 #8 of 27 54 #13 of 27
Overall 46 47 65
  • FLR ranked among 57 companies in Construction Services
  • FER ranked among 57 companies in Construction Services
  • EME ranked among 57 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFLRFEREMESPY
1 month -8.3%-3.2%-12.6% -0.2%
3 months -6.4%-12.5%-5.6% +3.9%
6 months -8.6%-20.4%-22.8% +8.2%
Year to date +16.5%-16.4%+9.0% +12.9%
1 year -4.8%-16.7%-11.7% +12.3%
3 years +38.7%+66.2%+224.6% +87.4%
3 years, per year +11.5%+18.5%+48.1% +23.3%
5 years +133.1%+83.7%+435.6% +67.9%
5 years, per year +18.5%+12.9%+39.9% +10.9%
10 years -8.9%+155.1%+1,015.6% +261.1%
10 years, per year -0.9%+9.8%+27.3% +13.7%

Risk

MeasureFLRFEREMESPY
Volatility, 1Y 48.4%26.3%45.4% 12.7%
Downside volatility, 1Y 49.3%24.6%48.2% 12.7%
Beta vs S&P 500, 1Y 1.861.041.93 1.00
Return / volatility, 1Y -0.10-0.63-0.26 0.97
Max drawdown, 5Y -47.6%-34.3%-36.2% -25.4%
From 52-week high -19.7%-27.4%-29.4% -1.2%
52-week high $57.49$74.38$943.75 $779.14
52-week low $39.63$48.86$581.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFLRFEREME
P/E now vs peer median -3.2xmedian 26.7x 38.7xmedian 26.7x 20.6xmedian 26.7x
P/S now vs peer median 0.4xmedian 0.8x 3.6xmedian 0.8x 1.6xmedian 0.8x
EV/EBITDA now vs peer median -28.4xmedian 13.1x —median 13.1x 13.4xmedian 13.1x
P/FCF now vs peer median -19.0xmedian 23.0x 19.8xmedian 23.0x 25.2xmedian 23.0x
P/B now vs peer median 2.2xmedian 2.4x 5.6xmedian 2.4x 7.2xmedian 2.4x
PEG now vs peer median 0.01median 0.57 —median 0.57 0.44median 0.57

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFLRFEREME
Revenue $15.54B – $18.60B
Gross profit -$124.00M – $3.61B
Operating income -$216.00M – $1.93B
Net income -$2.00B – $1.44B
Free cash flow -$330.00M – $1.17B
EPS (diluted) $-14.16 – $32.30
Cash & equivalents $2.92B $5.02B $924.41M
Total debt $1.07B $12.25B –
Shares (diluted) 141.00M 718.72M 44.55M
Enterprise value -$6.85B $19.24B $25.88B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFLRFEREME
P/E -3.2x 38.7x 20.6x
P/FCF -19.0x 19.8x 25.2x
P/Operating cash flow -21.8x – 22.9x
P/S 0.4x 3.6x 1.6x
P/B 2.2x 5.6x 7.2x
P/Tangible book 2.2x 5.7x 9.8x
EV/EBITDA -28.4x – 13.4x
EV/EBIT -19.9x – 14.8x
EV/Revenue 0.3x – 1.5x
EV/FCF -13.0x – 24.4x
EV/Operating cash flow -14.9x – 22.1x
PEG (3Y EPS CAGR) 0.01 – 0.44

Growth

14 metrics
MetricFLRFEREME
Revenue growth (1Y) -4.8% – 18.9%
Revenue CAGR (3Y) 1.1% – 16.7%
Gross profit growth (1Y) -125.2% – 18.5%
Gross profit CAGR (3Y) -34.7% – 26.3%
Operating income growth (1Y) -172.0% – 29.9%
Operating income CAGR (3Y) -76.9% – 41.7%
Net income growth (1Y) -148.3% – 30.2%
Net income CAGR (3Y) -196.3% – 43.8%
EPS growth (1Y) -156.8% – 31.5%
EPS CAGR (3Y) -253.8% – 47.0%
Operating cash flow growth (1Y) -182.0% – -0.6%
Operating cash flow CAGR (3Y) -85.8% – 20.8%
Free cash flow growth (1Y) -235.8% – -3.1%
Free cash flow CAGR (3Y) -124.9% – 20.3%

Profitability

14 metrics
MetricFLRFEREME
Gross margin -0.8% – 19.4%
EBITDA margin -1.0% – 11.5%
Operating margin -1.4% – 10.4%
Pretax margin -1.0% – 10.5%
Net margin -12.8% – 7.7%
FCF margin -2.1% – 6.3%
Operating cash flow margin -1.8% – 6.9%
Return on equity -69.0% – 36.2%
Return on assets -25.6% – 14.6%
Return on invested capital 0.0% – –
Return on capital employed -4.7% – 41.9%
Asset turnover 2.0x – 1.9x
Cash conversion (OCF / net income) 0.1x – 0.9x
Stock comp / revenue 0.2% – 0.1%

Financial Health

11 metrics
MetricFLRFEREME
Debt / assets 14.2% 38.0% –
Debt / equity 0.4x 1.8x –
Net debt / EBITDA 13.1x – –
Debt / FCF -3.2x – –
Liabilities / assets 63.0% 78.5% 59.8%
Equity / assets 37.0% 21.5% 40.2%
Interest coverage -5.0x – –
Current ratio 1.8x 1.1x 1.3x
Quick ratio 1.7x 1.1x 1.2x
Cash ratio 1.0x 0.7x 0.2x
Altman Z-score 3.71 – 6.46

Shareholder Returns

7 metrics
MetricFLRFEREME
Dividend yield – 1.4% 0.2%
Net buyback yield 20.4% – 1.4%
Shareholder yield 20.4% 1.4% 1.7%
Payout ratio (earnings) – – 4.0%
Payout ratio (FCF) – – 4.9%
Dividend growth (1Y) – – 26.6%
Dividend CAGR (3Y) – – 25.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFLRFEREME
Forward P/E 18.3xFY2026 50.5xFY2026 19.2xFY2026
EPS, next fiscal year $2.52FY2026 $1.07FY2026 $34.73FY2026
EPS growth, next FY +15.1%FY2026 -20.7%FY2026 +34.2%FY2026
EPS growth, the year after +24.6% +12.1% +10.7%
Revenue, next fiscal year $15.93BFY2026 $11.77BFY2026 $19.07BFY2026
Revenue growth, next FY +2.8%FY2026 +4.1%FY2026 +12.2%FY2026
Revenue growth, the year after +22.1% -5.3% +13.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFLRFEREME
Held by institutions 93.4% 33.2% 93.1%
Institutions holding 549 337 1,235
Change in shares held, QoQ +1.1% +17.5% -0.1%
Institutions buying 249 208 659
Institutions selling 222 103 419
Buyers to sellers 1.12 2.02 1.57

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FLRFEREME
FLR 1.00 0.38 0.50
FER 0.38 1.00 0.37
EME 0.50 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FLR, FER and EME?

Ferrovial (FER) is the largest by market capitalisation: Fluor (FLR) $6.26B, Ferrovial (FER) $38.93B, Emcor (EME) $29.49B.

Which stock is cheaper, FLR, FER and EME?

Emcor (EME) trades on the lowest price-to-earnings ratio (Fluor (FLR) -3.2x, Ferrovial (FER) 38.7x, Emcor (EME) 20.6x). On next year's consensus earnings, Fluor (FLR) is cheapest (Fluor (FLR) 18.3x, Ferrovial (FER) 50.5x, Emcor (EME) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Emcor (EME) grew revenue fastest over the trailing twelve months: Fluor (FLR) -4.8%, Emcor (EME) +18.9%.

Which company is more profitable?

Emcor (EME) has the highest net margin (Fluor (FLR) -12.8%, Emcor (EME) 7.7%).

Which stock has performed better?

Over the past year Fluor (FLR) returned the most: Fluor (FLR) -4.8%, Ferrovial (FER) -16.7%, Emcor (EME) -11.7%. Over five years, Emcor (EME) compounded fastest (Fluor (FLR) +18.5%/yr, Ferrovial (FER) +12.9%/yr, Emcor (EME) +39.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Ferrovial (FER) has the highest dividend yield: Fluor (FLR) 0.00%, Ferrovial (FER) 1.37%, Emcor (EME) 0.24%. Fluor (FLR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ferrovial (FER) has been the steadiest (Fluor (FLR) 48.4%, Ferrovial (FER) 26.3%, Emcor (EME) 45.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FLR, FER and EME?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emcor (EME) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.