ACM vs FLR: Correlation
How closely do AECOM (ACM) and Fluor Corporation (FLR) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACM and FLR?
On 3 years of weekly data the ACM/FLR correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 600.8 %².
FLR is one of the assets that tracks ACM most closely: it ranks #3 out of the 16 assets we track against ACM. Correlation aside, the last 12 months split them widely, with FLR ahead by 78.2 points (-46.6% versus +31.6%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACM vs FLR: side by side
| ACM (AECOM) | FLR (Fluor Corporation) | |
|---|---|---|
| 1-year return | -46.6% | +31.6% |
| 5-year return | +5.2% | +231.5% |
| Volatility (ann.) | 29.1% | 41.3% |
| Beta vs S&P 500 | 0.79 | 1.17 |
| Max drawdown (3Y) | -54.1% | -47.6% |
| Market cap | $8.5B | $7.2B |
| P/E (trailing) | 22.9 | – |
| Dividend yield | 1.83% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACM | FLR |
|---|---|---|
| 2022 | +10.7% | +39.9% |
| 2023 | +9.8% | +13.0% |
| 2024 | +16.7% | +25.9% |
| 2025 | -9.9% | -19.6% |
| 2026 | -29.7% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACM and FLR good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACM and FLR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.51 over the last year and 0.55 over 5 years.
Is FLR a good diversifier for ACM?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acm-vs-flr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acm-vs-flr/)
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Related comparisons
Hubs: ACM correlations · FLR correlations
