AECOM (ACM) Financials

$71.98 +1.80 (+2.56%)

Closing price 03:59 PM Eastern

Extended Trading

$72.76 +0.78 (+1.08%)

As of 07:11 PM Eastern

Annual Income Statements for AECOM

This table shows AECOM's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-155	96	339	409	-783	-186	173	311	55	402	562
Consolidated Net Income / (Loss)	-71	163	421	197	-184	-154	203	335	100	460	636
Net Income / (Loss) Continuing Operations	-71	163	421	216	236	187	320	415	157	565	712
Total Pre-Tax Income	-151	126	429	212	249	233	409	551	213	718	916
Total Operating Income	129	376	512	343	396	333	595	593	324	827	1,027
Total Gross Profit	535	643	684	479	612	710	798	848	945	1,084	1,217
Total Revenue	17,990	17,411	18,203	13,878	13,642	13,240	13,341	13,148	14,378	16,105	16,140
Operating Revenue	17,990	17,411	18,203	13,878	13,642	13,240	13,341	13,148	14,378	16,105	16,140
Total Cost of Revenue	17,455	16,768	17,520	13,399	13,031	12,530	12,542	12,300	13,433	15,021	14,923
Operating Cost of Revenue	17,455	16,768	17,520	13,399	13,031	12,530	12,542	12,300	13,433	15,021	14,923
Total Operating Expenses	406	267	172	136	216	377	204	255	621	259	190
Selling, General & Admin Expense	114	115	133	136	148	189	155	147	154	160	158
Other Operating Expenses / (Income)	-	43	-	-	-53	-	-	-	279	-	-27
Restructuring Charge	398	214	39	0.00	95	188	49	108	188	99	59
Total Other Income / (Expense), net	-280	-250	-83	-131	-147	-100	-186	-42	-111	-107	-111
Interest Expense	300	258	231	201	161	160	238	110	159	185	184
Interest & Investment Income	-	-	142	49	-	49	42	62	40	61	63
Other Income / (Expense), net	19	8.18	7.21	21	15	11	11	5.94	8.36	18	10
Income Tax Expense	-80	-38	7.71	-3.49	13	46	89	136	56	153	204
Net Income / (Loss) Discontinued Operations	-	-	-	-78	-892	-341	-117	-80	-57	-105	-75
Net Income / (Loss) Attributable to Noncontrolling Interest	84	67	82	61	77	33	30	24	45	58	74
Basic Earnings per Share	($1.04)	$0.62	$2.18	$0.86	($1.66)	($1.17)	$1.18	$2.21	$0.40	$2.97	$4.24
Weighted Average Basic Shares Outstanding	149.61M	154.77M	155.73M	159.10M	157.04M	159.01M	147.28M	140.77M	138.61M	135.54M	132.37M
Diluted Earnings per Share	($1.04)	$0.62	$2.13	$0.84	($1.63)	($1.16)	$1.16	$2.18	$0.39	$2.95	$4.21
Weighted Average Diluted Shares Outstanding	149.61M	156.07M	159.14M	162.26M	159.68M	161.29M	149.68M	142.70M	140.11M	136.45M	133.31M
Weighted Average Basic & Diluted Shares Outstanding	148.90M	155M	155.70M	158.70M	157.09M	150.76M	142.20M	138.65M	135.99M	132.46M	131.83M

This table shows AECOM's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-135	25	94	1.01	134	173	167	143	131	120	75
Consolidated Net Income / (Loss)	-121	40	109	16	153	183	179	160	160	138	93
Net Income / (Loss) Continuing Operations	-114	48	110	125	147	183	189	170	204	149	159
Total Pre-Tax Income	-134	57	137	171	193	218	218	221	269	208	198
Total Operating Income	198	64	163	200	227	232	237	258	294	237	222
Total Gross Profit	250	252	244	261	285	294	268	291	327	331	281
Total Revenue	3,664	3,842	3,900	3,944	4,151	4,110	4,014	3,772	4,178	4,175	3,831
Operating Revenue	3,664	3,842	3,900	3,944	4,151	4,110	4,014	3,772	4,178	4,175	3,831
Total Cost of Revenue	3,413	3,590	3,656	3,683	3,866	3,816	3,746	3,481	3,851	3,845	3,550
Operating Cost of Revenue	3,413	3,590	3,656	3,683	3,866	3,816	3,746	3,481	3,851	3,845	3,550
Total Operating Expenses	52	179	81	61	58	62	31	33	33	93	59
Selling, General & Admin Expense	43	41	36	45	36	43	40	40	38	39	41
Other Operating Expenses / (Income)	-	-	29	-19	-7.65	-	-9.55	-6.86	-5.29	-5.31	-9.83
Restructuring Charge	9.12	138	16	35	29	18	0.00	0.00	0.00	59	28
Total Other Income / (Expense), net	-332	-17	-27	-30	-35	-14	-20	-36	-25	-30	-24
Interest Expense	39	41	41	48	51	45	43	42	40	59	45
Interest & Investment Income	-295	23	12	15	16	19	17	15	14	18	14
Other Income / (Expense), net	1.80	2.08	2.57	2.62	0.96	11	6.92	-8.75	0.82	11	7.82
Income Tax Expense	-20	9.18	27	45	46	35	29	51	65	58	39
Net Income / (Loss) Discontinued Operations	-7.61	-7.88	-1.29	-109	5.68	0.00	-9.52	-10	-44	-12	-66
Net Income / (Loss) Attributable to Noncontrolling Interest	13	15	14	15	18	11	12	16	29	17	19
Basic Earnings per Share	($0.97)	$0.19	$0.69	$0.01	$0.99	$1.28	$1.26	$1.08	$0.99	$0.91	$0.57
Weighted Average Basic Shares Outstanding	138.74M	138.61M	135.90M	136.01M	136.03M	135.54M	132.50M	132.43M	132.30M	132.37M	130.89M
Diluted Earnings per Share	($0.97)	$0.18	$0.69	$0.01	$0.98	$1.27	$1.25	$1.08	$0.98	$0.90	$0.56
Weighted Average Diluted Shares Outstanding	138.74M	140.11M	137.10M	136.71M	136.79M	136.45M	133.63M	133.14M	133.08M	133.31M	131.98M
Weighted Average Basic & Diluted Shares Outstanding	138.73M	135.99M	136.02M	136.13M	134.07M	132.46M	132.69M	132.30M	132.45M	131.83M	129.29M
Cash Dividends to Common per Share	-	-	-	-	-	-	$0.26	$0.26	$0.26	-	$0.31

This table details how cash moves in and out of AECOM's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Change in Cash & Equivalents	110	8.25	110	84	194	738	-583	-58	85	323	0.88
Net Cash From Operating Activities	764	814	697	775	778	330	705	714	696	827	822
Net Cash From Continuing Operating Activities	764	814	1,562	775	778	330	705	714	696	827	822
Net Income / (Loss) Continuing Operations	-71	163	421	197	-184	-154	203	335	100	460	636
Consolidated Net Income / (Loss)	-71	163	421	197	-184	-154	203	335	100	460	636
Depreciation Expense	599	399	279	268	261	237	176	171	176	179	176
Non-Cash Adjustments To Reconcile Net Income	160	138	-129	-107	352	176	938	288	104	-313	451
Changes in Operating Assets and Liabilities, net	76	114	126	417	348	70	-612	-80	316	501	-441
Net Cash From Investing Activities	-3,346	-163	-203	-59	-147	2,037	-421	-175	-138	-211	-413
Net Cash From Continuing Investing Activities	-3,346	-163	-203	-59	-147	2,037	-421	-175	-138	-211	-413
Purchase of Property, Plant & Equipment	-114	-191	-86	-113	-101	-115	-136	-137	-106	-120	-137
Acquisitions	-3,293	-5.53	-163	-91	-142	-111	-57	-27	-60	-74	-313
Sale of Property, Plant & Equipment	45	55	7.90	26	17	3.80	15	8.95	0.34	0.49	0.29
Sale and/or Maturity of Investments	138	17	36	113	35	40	24	22	27	3.18	31
Other Investing Activities, net	-	-	-	7.63	-	-	-	0.00	0.00	-21	5.67
Net Cash From Financing Activities	2,720	-638	-386	-625	-433	-1,628	-873	-588	-473	-295	-404
Net Cash From Continuing Financing Activities	2,831	-638	-386	-625	-433	-1,628	-873	-588	-473	-295	-404
Repayment of Debt	-5,245	-5,253	-7,278	-8,910	-7,996	-5,859	-3,664	-3,685	-3,541	-5,891	-3,272
Repurchase of Common Equity	-113	-26	-38	-192	-98	-187	-867	-473	-379	-479	-388
Payment of Dividends	-144	-103	-59	-90	-70	-61	-10	-76	-98	-131	-187
Issuance of Debt	8,182	4,706	6,953	8,529	7,701	4,452	3,639	3,619	3,507	6,169	3,402
Issuance of Common Equity	26	28	30	35	30	26	26	27	33	35	40
Other Financing Activities, net	15	9.95	4.88	2.75	0.00	0.00	4.04	0.00	6.17	2.06	2.06
Other Net Changes in Cash	-	-5.31	2.76	-	-3.96	-	5.49	-	-	-	-3.83
Cash Interest Paid	180	216	226	272	222	201	256	105	154	177	167
Cash Income Taxes Paid	-27	-13	12	-41	-2.50	-71	-114	-105	-78	-140	-92

This table details how cash moves in and out of AECOM's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	199	-18	-69	-4.20	459	-63	-0.14	15	194	-208	-339
Net Cash From Operating Activities	279	285	143	94	291	299	151	191	284	196	70
Net Cash From Continuing Operating Activities	279	285	143	94	291	299	151	191	284	196	70
Net Income / (Loss) Continuing Operations	-121	40	109	16	153	183	179	160	160	138	93
Consolidated Net Income / (Loss)	-121	40	109	16	153	183	179	160	160	138	93
Depreciation Expense	43	45	43	44	46	45	42	42	45	48	52
Non-Cash Adjustments To Reconcile Net Income	124	144	-115	-195	-134	38	138	110	-53	257	-32
Changes in Operating Assets and Liabilities, net	233	57	106	229	227	33	-208	-120	133	-246	-43
Net Cash From Investing Activities	-23	-32	-87	-35	-64	-25	-25	-61	-47	-280	-35
Net Cash From Continuing Investing Activities	-23	-32	-87	-35	-64	-25	-25	-61	-47	-280	-35
Purchase of Property, Plant & Equipment	-14	-22	-56	-20	-19	-24	-40	-12	-22	-62	-28
Acquisitions	-19	-15	-32	-16	-18	-6.68	-0.98	-49	-29	-235	-24
Sale of Property, Plant & Equipment	0.03	0.06	0.07	0.18	0.09	0.15	0.09	0.10	0.04	0.06	0.03
Sale and/or Maturity of Investments	10	5.46	1.87	1.31	-	-	0.11	1.74	1.20	28	29
Other Investing Activities, net	-	-	0.00	-	-	6.10	16	-2.00	2.38	-11	-11
Net Cash From Financing Activities	-57	-269	-126	-62	233	-340	-121	-115	-45	-122	-374
Net Cash From Continuing Financing Activities	-57	-269	-126	-62	233	-340	-121	-115	-45	-122	-374
Repayment of Debt	-958	-1,019	-1,106	-1,484	-2,444	-858	-678	-815	-472	-1,307	-889
Repurchase of Common Equity	-50	-234	-92	-21	-50	-315	-55	-78	-4.71	-250	-326
Payment of Dividends	-13	-36	-29	-31	-43	-28	-59	-36	-38	-54	-44
Issuance of Debt	955	1,007	1,091	1,469	2,760	850	665	803	464	1,470	873
Issuance of Common Equity	9.48	11	9.68	5.16	11	8.93	5.69	11	5.44	18	11
Effect of Exchange Rate Changes	-	-2.49	1.10	-	-0.99	2.47	-5.15	1.10	2.72	-	-0.22

This table presents AECOM's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Total Assets	14,014	13,670	14,397	14,681	14,551	12,999	11,734	11,139	11,233	12,062	12,200
Total Current Assets	6,246	6,001	6,682	7,127	7,535	7,530	6,174	5,823	6,170	7,056	6,730
Cash & Equivalents	684	692	802	887	886	1,708	1,229	1,172	1,260	1,581	1,586
Accounts Receivable	4,841	4,531	5,128	3,308	2,869	2,921	2,619	2,318	2,544	2,793	2,497
Prepaid Expenses	-	730	697	585	516	692	739	759	730	638	716
Current Deferred & Refundable Income Taxes	332	47	55	127	49	36	77	89	14	160	146
Other Current Assets	389	-	-	2,161	1,582	1,612	1,369	1,405	1,525	1,806	1,785
Plant, Property, & Equipment, net	699	645	621	614	406	382	399	428	383	354	416
Total Noncurrent Assets	7,069	7,024	7,093	6,940	6,611	5,087	5,162	4,888	4,681	4,652	5,054
Long-Term Investments	322	330	364	311	256	298	329	355	139	138	138
Goodwill	5,821	5,824	5,993	5,921	3,477	3,484	3,502	3,381	3,419	3,480	3,701
Intangible Assets	659	479	415	320	100	77	55	36	18	6.93	183
Noncurrent Deferred & Refundable Income Taxes	-	172	171	159	289	362	360	284	440	327	295
Other Noncurrent Operating Assets	267	219	150	229	172	812	915	833	666	700	718
Other Noncurrent Nonoperating Assets	-	-	-	-	2,317	54	-	-	-	0.00	19
Total Liabilities & Shareholders' Equity	14,014	13,670	14,397	14,681	14,551	12,999	11,734	11,139	11,233	12,062	12,200
Total Liabilities	10,383	10,117	10,182	10,403	10,652	9,585	8,904	8,534	8,850	9,691	9,504
Total Current Liabilities	4,836	5,305	5,578	6,130	6,462	6,090	5,522	5,404	5,850	6,374	5,929
Short-Term Debt	160	366	142	143	98	21	4.37	49	89	67	66
Accounts Payable	1,854	1,911	2,250	2,726	2,411	2,358	2,090	2,027	2,191	2,560	2,261
Accrued Expenses	2,168	2,385	2,246	2,267	1,878	2,250	2,174	2,181	2,288	2,386	2,490
Current Deferred Revenue	654	632	903	-	-	-	1,059	-	1,189	1,298	1,088
Current Deferred & Payable Income Tax Liabilities	-	11	38	40	60	47	51	46	48	27	24
Total Noncurrent Liabilities	5,547	4,813	4,604	4,273	4,190	3,495	3,383	3,130	2,999	3,317	3,575
Long-Term Debt	4,447	3,702	3,702	3,484	3,218	2,041	2,158	2,157	2,113	2,450	2,647
Noncurrent Deferred & Payable Income Tax Liabilities	230	13	21	47	4.51	3.49	5.42	9.22	17	28	68
Noncurrent Employee Benefit Liabilities	565	694	559	413	387	463	384	233	196	172	133
Other Noncurrent Operating Liabilities	305	403	322	329	266	908	825	731	673	667	727
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,631	3,552	4,215	4,278	3,899	3,414	2,830	2,605	2,384	2,370	2,696
Total Preferred & Common Equity	3,408	3,367	3,996	4,093	3,691	3,293	2,712	2,477	2,212	2,184	2,493
Total Common Equity	3,408	3,367	3,996	4,093	3,691	3,293	2,712	2,477	2,212	2,184	2,493
Common Stock	3,521	3,606	3,735	3,848	3,955	4,037	4,117	4,158	4,243	4,349	4,610
Retained Earnings	522	618	962	948	600	174	-504	-702	-1,104	-1,282	-1,225
Accumulated Other Comprehensive Income / (Loss)	-635	-858	-701	-703	-864	-919	-900	-980	-927	-883	-893
Noncontrolling Interest	223	186	219	186	209	121	117	129	171	186	204

This table presents AECOM's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2022	12/31/2022	3/31/2023	6/30/2023	12/31/2023	3/31/2024	6/30/2024	12/31/2024	3/31/2025	6/30/2025	12/31/2025
Total Assets	11,248	11,406	11,387	11,426	11,390	11,457	12,047	11,819	11,782	12,252	11,940
Total Current Assets	5,796	6,027	6,039	6,272	6,282	6,498	7,119	6,999	6,931	7,267	6,492
Cash & Equivalents	1,011	1,160	1,074	1,258	1,192	1,186	1,645	1,581	1,600	1,794	1,247
Accounts Receivable	2,440	2,433	2,428	2,519	2,525	2,647	2,660	2,649	2,518	2,598	2,348
Prepaid Expenses	768	785	755	720	723	726	732	758	793	855	725
Current Deferred & Refundable Income Taxes	48	87	67	59	12	29	60	144	137	98	137
Other Current Assets	1,435	1,489	1,605	1,608	1,745	1,806	1,885	1,801	1,883	1,922	2,035
Plant, Property, & Equipment, net	454	439	430	417	390	372	357	363	359	404	387
Total Noncurrent Assets	4,998	4,939	4,918	4,738	4,718	4,587	4,571	4,457	4,492	4,581	5,061
Long-Term Investments	347	377	387	138	132	137	141	145	144	149	146
Goodwill	3,436	3,425	3,431	3,445	3,459	3,447	3,448	3,428	3,444	3,487	3,774
Intangible Assets	40	31	27	22	21	16	12	5.93	5.55	5.18	180
Noncurrent Deferred & Refundable Income Taxes	327	294	293	355	460	445	399	326	318	340	295
Other Noncurrent Operating Assets	840	812	780	778	647	542	572	551	559	583	652
Other Noncurrent Nonoperating Assets	7.94	-	-	-	-	-	-	-	22	17	14
Total Liabilities & Shareholders' Equity	11,248	11,406	11,387	11,426	11,390	11,457	12,047	11,819	11,782	12,252	11,940
Total Liabilities	8,671	8,713	8,650	8,804	8,962	9,063	9,548	9,419	9,316	9,554	9,494
Total Current Liabilities	5,465	5,558	5,537	5,715	6,002	6,136	6,290	6,140	6,015	6,228	5,882
Short-Term Debt	45	4.58	57	57	92	91	66	69	70	73	66
Accounts Payable	1,999	1,987	2,043	2,106	2,110	2,305	2,437	2,348	2,308	2,451	2,282
Accrued Expenses	2,259	2,197	2,154	2,222	2,420	2,385	2,414	2,360	2,353	2,498	2,405
Current Deferred Revenue	-	1,222	-	-	1,283	1,267	1,262	1,306	1,258	1,165	1,092
Current Deferred & Payable Income Tax Liabilities	50	55	44	49	59	37	45	30	26	40	37
Total Noncurrent Liabilities	3,206	3,155	3,112	3,089	2,959	2,927	3,258	3,280	3,300	3,326	3,612
Long-Term Debt	2,162	2,155	2,152	2,147	2,110	2,102	2,452	2,456	2,456	2,456	2,644
Noncurrent Deferred & Payable Income Tax Liabilities	6.10	14	9.21	9.82	17	17	18	29	44	45	69
Noncurrent Employee Benefit Liabilities	320	236	230	225	191	179	168	156	151	145	123
Other Noncurrent Operating Liabilities	716	750	721	708	640	627	620	638	650	680	776
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,578	2,693	2,737	2,622	2,428	2,394	2,499	2,400	2,466	2,699	2,446
Total Preferred & Common Equity	2,451	2,556	2,594	2,455	2,247	2,199	2,298	2,204	2,285	2,492	2,232
Total Common Equity	2,451	2,556	2,594	2,455	2,247	2,199	2,298	2,204	2,285	2,492	2,232
Common Stock	4,140	4,163	4,178	4,228	4,247	4,269	4,320	4,353	4,380	4,427	4,619
Retained Earnings	-731	-689	-663	-873	-1,110	-1,160	-1,107	-1,184	-1,151	-1,060	-1,499
Accumulated Other Comprehensive Income / (Loss)	-958	-918	-921	-901	-890	-910	-915	-965	-943	-875	-888
Noncontrolling Interest	127	137	143	168	181	196	200	196	181	206	214

This table displays calculated financial ratios and metrics derived from AECOM's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	115.27%	-3.22%	4.55%	-23.76%	-1.70%	-2.95%	0.76%	-1.44%	9.36%	12.01%	0.21%
EBITDA Growth	65.72%	4.69%	1.93%	-20.83%	6.40%	-13.50%	34.53%	-1.51%	2.28%	29.73%	18.47%
EBIT Growth	-58.34%	158.99%	35.23%	-29.88%	12.86%	-16.30%	76.12%	-1.04%	2.13%	37.76%	22.72%
NOPAT Growth	-65.39%	441.39%	2.77%	-30.57%	7.38%	-28.67%	74.02%	-3.97%	-0.37%	45.99%	22.50%
Net Income Growth	-130.60%	329.49%	157.83%	-53.23%	-193.34%	16.44%	232.03%	64.89%	-70.08%	359.61%	38.22%
EPS Growth	-144.64%	159.62%	243.55%	-60.56%	-294.05%	28.83%	200.00%	87.93%	-82.11%	656.41%	42.71%
Operating Cash Flow Growth	111.97%	6.50%	-14.43%	11.18%	0.40%	-57.61%	113.78%	1.27%	-2.47%	18.90%	-0.71%
Free Cash Flow Firm Growth	-1,994.59%	124.50%	-81.42%	173.59%	503.27%	-84.94%	-29.45%	75.25%	-12.60%	17.88%	-61.07%
Invested Capital Growth	182.58%	-8.77%	4.45%	-3.22%	-46.01%	-6.98%	2.96%	-5.65%	-3.55%	-0.36%	17.27%
Revenue Q/Q Growth	13.65%	-2.25%	3.02%	-29.57%	48.97%	0.42%	-1.59%	0.55%	2.98%	1.69%	0.40%
EBITDA Q/Q Growth	25.40%	-7.69%	-3.98%	2.68%	2.09%	-19.17%	12.03%	2.51%	-10.23%	21.15%	0.48%
EBIT Q/Q Growth	23.49%	-0.09%	-4.14%	6.34%	3.40%	-26.83%	18.10%	3.76%	-12.85%	26.79%	0.31%
NOPAT Q/Q Growth	7.54%	13.19%	-1.61%	-10.16%	9.47%	-30.98%	17.82%	7.69%	-14.17%	28.23%	-3.17%
Net Income Q/Q Growth	-115.37%	-7.68%	27.50%	0.79%	-149.82%	59.30%	259.43%	2.04%	-42.10%	45.04%	-6.66%
EPS Q/Q Growth	-131.11%	0.00%	29.88%	-1.18%	-187.63%	57.04%	227.47%	4.31%	-58.95%	58.60%	-8.08%
Operating Cash Flow Q/Q Growth	15.59%	11.64%	-13.81%	56.80%	50.76%	-30.46%	-31.98%	-0.35%	-4.18%	1.67%	-11.11%
Free Cash Flow Firm Q/Q Growth	4.80%	20.99%	-77.31%	238.87%	2,951.20%	-85.95%	-38.30%	-1.38%	6.94%	-8.81%	-64.08%
Invested Capital Q/Q Growth	-4.59%	-6.86%	3.25%	-3.27%	-49.45%	-12.30%	-4.76%	-3.88%	-7.14%	-1.09%	12.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	2.97%	3.69%	3.76%	3.45%	4.48%	5.36%	5.98%	6.45%	6.58%	6.73%	7.54%
EBITDA Margin	4.15%	4.49%	4.38%	4.55%	4.92%	4.39%	5.86%	5.86%	5.48%	6.34%	7.52%
Operating Margin	0.72%	2.16%	2.81%	2.47%	2.90%	2.51%	4.46%	4.51%	4.20%	5.12%	6.36%
EBIT Margin	0.82%	2.20%	2.85%	2.62%	3.01%	2.60%	4.54%	4.56%	4.26%	5.23%	6.43%
Profit (Net Income) Margin	-0.40%	0.94%	2.32%	1.42%	-1.35%	-1.16%	1.52%	2.55%	0.70%	2.86%	3.94%
Tax Burden Percent	47.03%	130.20%	98.20%	92.89%	-73.84%	-66.10%	49.65%	60.78%	46.93%	64.09%	69.49%
Interest Burden Percent	-102.24%	32.72%	82.71%	58.32%	60.68%	67.67%	67.53%	91.92%	34.88%	85.20%	88.29%
Effective Tax Rate	0.00%	-30.20%	1.80%	-1.65%	5.42%	19.67%	21.77%	24.71%	26.27%	21.29%	22.28%
Return on Invested Capital (ROIC)	1.84%	7.07%	7.45%	5.15%	7.29%	7.69%	13.68%	13.33%	13.92%	20.74%	23.48%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.46%	-2.72%	4.62%	-0.84%	-46.07%	240.32%	-80.70%	-4.33%	-35.23%	-4.32%	4.78%
Return on Net Nonoperating Assets (RNNOA)	-4.26%	-2.52%	3.40%	-0.50%	-11.79%	-11.89%	-7.18%	-1.01%	-9.91%	-1.37%	1.63%
Return on Equity (ROE)	-2.41%	4.55%	10.85%	4.64%	-4.50%	-4.20%	6.50%	12.32%	4.01%	19.36%	25.11%
Cash Return on Invested Capital (CROIC)	-93.60%	16.24%	3.09%	8.42%	67.05%	14.93%	10.77%	19.14%	17.54%	21.09%	7.59%
Operating Return on Assets (OROA)	1.47%	2.77%	3.70%	2.50%	2.81%	2.50%	4.90%	5.24%	5.47%	7.24%	8.55%
Return on Assets (ROA)	-0.71%	1.18%	3.00%	1.36%	-1.26%	-1.12%	1.64%	2.93%	0.90%	3.95%	5.24%
Return on Common Equity (ROCE)	-2.29%	4.29%	10.29%	4.42%	-4.28%	-4.02%	6.25%	11.76%	3.77%	17.91%	23.18%
Return on Equity Simple (ROE_SIMPLE)	-2.09%	4.86%	10.55%	4.82%	-4.99%	-4.67%	7.48%	13.51%	4.53%	21.07%	0.00%
Net Operating Profit after Tax (NOPAT)	90	489	503	349	375	267	465	447	445	650	798
NOPAT Margin	0.50%	2.81%	2.76%	2.51%	2.75%	2.02%	3.49%	3.40%	3.09%	4.03%	4.94%
Net Nonoperating Expense Percent (NNEP)	8.31%	9.79%	2.83%	5.99%	53.36%	-232.63%	94.38%	17.66%	49.15%	25.06%	18.71%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	14.75%
Cost of Revenue to Revenue	97.03%	96.31%	96.24%	96.55%	95.52%	94.64%	94.02%	93.55%	93.42%	93.27%	92.46%
SG&A Expenses to Revenue	0.63%	0.66%	0.73%	0.98%	1.09%	1.42%	1.16%	1.12%	1.07%	0.99%	0.98%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	2.26%	1.54%	0.95%	0.98%	1.58%	2.85%	1.53%	1.94%	2.38%	1.61%	1.18%
Earnings before Interest and Taxes (EBIT)	148	384	519	364	411	344	605	599	612	843	1,037
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	747	782	798	631	672	581	782	770	788	1,022	1,213
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.19	1.32	1.41	1.25	1.57	1.99	3.27	3.78	5.15	6.33	6.92
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	50.66	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.23	0.26	0.31	0.37	0.42	0.49	0.67	0.71	0.79	0.86	1.07
Price to Earnings (P/E)	0.00	46.40	16.59	12.52	0.00	0.00	51.27	30.12	205.76	34.34	30.70
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.67%	0.84%	0.82%	0.77%
Earnings Yield	0.00%	2.16%	6.03%	7.99%	0.00%	0.00%	1.95%	3.32%	0.49%	2.91%	3.26%
Enterprise Value to Invested Capital (EV/IC)	1.09	1.17	1.24	1.16	2.27	2.01	2.78	3.12	3.94	4.73	5.03
Enterprise Value to Revenue (EV/Rev)	0.44	0.44	0.47	0.56	0.60	0.51	0.72	0.77	0.86	0.92	1.14
Enterprise Value to EBITDA (EV/EBITDA)	10.54	9.83	10.69	12.26	12.15	11.58	12.28	13.20	15.69	14.49	15.20
Enterprise Value to EBIT (EV/EBIT)	53.17	20.04	16.43	21.27	19.88	19.57	15.86	16.96	20.20	17.56	17.78
Enterprise Value to NOPAT (EV/NOPAT)	87.23	15.73	16.97	22.18	21.79	25.17	20.64	22.76	27.78	22.78	23.11
Enterprise Value to Operating Cash Flow (EV/OCF)	10.31	9.45	12.24	9.99	10.50	20.41	13.62	14.24	17.76	17.89	22.44
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	6.85	40.86	13.56	2.37	12.97	26.23	15.84	22.05	22.40	71.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.27	1.15	0.91	0.85	0.85	0.60	0.76	0.85	0.92	1.06	1.01
Long-Term Debt to Equity	1.22	1.04	0.88	0.81	0.83	0.60	0.76	0.83	0.89	1.03	0.98
Financial Leverage	0.66	0.93	0.74	0.60	0.26	-0.05	0.09	0.23	0.28	0.32	0.34
Leverage Ratio	3.41	3.85	3.61	3.42	3.57	3.77	3.96	4.21	4.48	4.90	4.79
Compound Leverage Factor	-3.49	1.26	2.99	2.00	2.17	2.55	2.68	3.87	1.56	4.17	4.23
Debt to Total Capital	55.92%	53.39%	47.70%	45.88%	45.96%	37.66%	43.31%	45.84%	48.03%	51.50%	50.16%
Short-Term Debt to Total Capital	1.95%	4.81%	1.76%	1.81%	1.36%	0.38%	0.09%	1.01%	1.95%	1.37%	1.23%
Long-Term Debt to Total Capital	53.98%	48.58%	45.94%	44.07%	44.60%	37.28%	43.23%	44.83%	46.08%	50.13%	48.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.71%	2.44%	2.71%	2.35%	2.89%	2.21%	2.35%	2.68%	3.74%	3.81%	3.76%
Common Equity to Total Capital	41.37%	44.18%	49.59%	51.77%	51.15%	60.13%	54.34%	51.48%	48.24%	44.69%	46.08%
Debt to EBITDA	6.16	5.20	4.82	5.74	4.94	3.55	2.77	2.86	2.80	2.46	2.24
Net Debt to EBITDA	4.82	3.89	3.36	3.85	3.24	0.10	0.77	0.88	1.02	0.78	0.82
Long-Term Debt to EBITDA	5.95	4.73	4.64	5.52	4.79	3.51	2.76	2.80	2.68	2.40	2.18
Debt to NOPAT	51.01	8.32	7.65	10.40	8.85	7.72	4.65	4.94	4.95	3.88	3.40
Net Debt to NOPAT	39.88	6.23	5.33	6.96	5.80	0.21	1.30	1.52	1.81	1.23	1.24
Long-Term Debt to NOPAT	49.23	7.57	7.37	9.99	8.59	7.64	4.64	4.83	4.75	3.77	3.32
Altman Z-Score	1.73	1.76	1.90	1.49	1.50	1.67	1.91	1.97	2.13	2.35	2.63
Noncontrolling Interest Sharing Ratio	5.24%	5.69%	5.20%	4.76%	4.82%	4.51%	3.81%	4.52%	6.02%	7.52%	7.69%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.29	1.13	1.20	1.16	1.17	1.24	1.12	1.08	1.05	1.13	1.14
Quick Ratio	1.14	0.98	1.06	0.68	0.58	0.76	0.70	0.65	0.65	0.69	0.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-4,583	1,123	209	571	3,444	519	366	641	561	661	258
Operating Cash Flow to CapEx	1,101.08%	595.30%	887.92%	891.54%	932.70%	297.52%	580.26%	557.24%	661.23%	694.77%	602.42%
Free Cash Flow to Firm to Interest Expense	-15.29	4.35	0.90	2.84	21.33	3.24	1.54	5.82	3.52	3.56	1.40
Operating Cash Flow to Interest Expense	2.55	3.15	3.01	3.85	4.82	2.06	2.96	6.47	4.37	4.46	4.46
Operating Cash Flow Less CapEx to Interest Expense	2.32	2.62	2.67	3.42	4.30	1.37	2.45	5.31	3.71	3.82	3.72
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.79	1.26	1.30	0.95	0.93	0.96	1.08	1.15	1.29	1.38	1.33
Accounts Receivable Turnover	4.80	3.72	3.77	3.29	4.42	4.57	4.82	5.33	5.91	6.03	6.10
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	36.67	25.90	28.75	22.47	26.76	33.63	34.18	31.79	35.46	43.70	41.89
Accounts Payable Turnover	12.03	8.91	8.42	5.39	5.07	5.25	5.64	5.97	6.37	6.32	6.19
Days Sales Outstanding (DSO)	76.05	98.25	96.84	110.93	82.63	79.81	75.79	68.53	61.71	60.49	59.82
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	30.33	40.98	43.34	67.77	71.94	69.46	64.73	61.10	57.31	57.72	58.96
Cash Conversion Cycle (CCC)	45.71	57.27	53.50	43.16	10.69	10.35	11.06	7.43	4.41	2.76	0.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,232	6,598	6,892	6,670	3,601	3,350	3,449	3,254	3,138	3,127	3,667
Invested Capital Turnover	3.67	2.52	2.70	2.05	2.66	3.81	3.92	3.92	4.50	5.14	4.75
Increase / (Decrease) in Invested Capital	4,673	-634	294	-222	-3,069	-252	99	-195	-116	-11	540
Enterprise Value (EV)	7,878	7,691	8,526	7,740	8,165	6,726	9,600	10,163	12,360	14,800	18,439
Market Capitalization	4,053	4,460	5,630	5,125	5,782	6,549	8,879	9,356	11,385	13,815	17,246
Book Value per Share	$22.57	$21.91	$25.50	$25.46	$23.40	$20.53	$18.83	$17.73	$15.95	$16.29	$18.82
Tangible Book Value per Share	($20.35)	($19.11)	($15.39)	($13.36)	$0.72	($1.67)	($5.86)	($6.73)	($8.83)	($9.72)	($10.50)
Total Capital	8,238	7,621	8,059	7,905	7,216	5,476	4,992	4,811	4,587	4,888	5,410
Total Debt	4,607	4,068	3,844	3,627	3,316	2,062	2,162	2,205	2,203	2,517	2,714
Total Long-Term Debt	4,447	3,702	3,702	3,484	3,218	2,041	2,158	2,157	2,113	2,450	2,647
Net Debt	3,601	3,046	2,678	2,429	2,175	56	604	678	803	798	990
Capital Expenditures (CapEx)	69	137	78	87	83	111	121	128	105	119	136
Debt-free, Cash-free Net Working Capital (DFCFNWC)	887	370	443	254	286	-248	-573	-705	-852	-712	-718
Debt-free Net Working Capital (DFNWC)	1,570	1,062	1,246	1,141	1,171	1,461	656	467	409	869	868
Net Working Capital (NWC)	1,410	696	1,104	998	1,073	1,440	652	419	319	802	801
Net Nonoperating Expense (NNE)	162	325	81	152	559	421	262	112	345	189	162
Net Nonoperating Obligations (NNO)	3,601	3,046	2,678	2,392	-298	-64	619	649	755	757	971
Total Depreciation and Amortization (D&A)	599	399	279	268	261	237	176	171	176	179	176
Debt-free, Cash-free Net Working Capital to Revenue	4.93%	2.13%	2.44%	1.83%	2.09%	-1.87%	-4.30%	-5.36%	-5.92%	-4.42%	-4.45%
Debt-free Net Working Capital to Revenue	8.73%	6.10%	6.84%	8.22%	8.59%	11.03%	4.92%	3.55%	2.84%	5.40%	5.38%
Net Working Capital to Revenue	7.84%	4.00%	6.06%	7.19%	7.86%	10.88%	4.89%	3.18%	2.22%	4.98%	4.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.04)	$0.62	$2.18	$0.86	($1.66)	$0.00	$0.00	$0.00	$0.40	$2.97	$4.24
Adjusted Weighted Average Basic Shares Outstanding	149.61M	154.77M	155.73M	159.10M	157.04M	0.00	0.00	0.00	138.61M	135.54M	132.37M
Adjusted Diluted Earnings per Share	($1.04)	$0.62	$2.13	$0.84	($1.66)	$0.00	$0.00	$0.00	$0.39	$2.95	$4.21
Adjusted Weighted Average Diluted Shares Outstanding	149.61M	156.07M	159.14M	162.26M	157.04M	0.00	0.00	0.00	140.11M	136.45M	133.31M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	151.41M	153.95M	157.62M	156.35M	157.09M	0.00	0.00	0.00	135.99M	132.46M	131.83M
Normalized Net Operating Profit after Tax (NOPAT)	295	340	541	240	488	419	503	528	584	727	844
Normalized NOPAT Margin	1.64%	1.95%	2.97%	1.73%	3.58%	3.16%	3.77%	4.01%	4.06%	4.52%	5.23%
Pre Tax Income Margin	-0.84%	0.72%	2.36%	1.53%	1.83%	1.76%	3.06%	4.19%	1.48%	4.46%	5.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.49	1.49	2.24	1.81	2.54	2.15	2.54	5.43	3.84	4.55	5.63
NOPAT to Interest Expense	0.30	1.89	2.17	1.74	2.32	1.67	1.95	4.05	2.79	3.50	4.33
EBIT Less CapEx to Interest Expense	0.26	0.96	1.90	1.38	2.03	1.46	2.03	4.27	3.18	3.90	4.89
NOPAT Less CapEx to Interest Expense	0.07	1.36	1.83	1.30	1.80	0.98	1.44	2.89	2.13	2.86	3.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-202.53%	63.11%	14.01%	45.54%	-38.04%	-39.44%	5.06%	22.61%	98.28%	28.55%	29.39%
Augmented Payout Ratio	-360.72%	78.95%	23.05%	142.76%	-91.42%	-161.05%	432.24%	163.92%	477.03%	132.52%	90.43%

This table displays calculated financial ratios and metrics derived from AECOM's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.01%	12.15%	15.30%	13.00%	13.31%	6.98%	2.93%	-4.37%	0.66%	1.58%	-4.57%
EBITDA Growth	11.28%	-44.84%	5.92%	-3.73%	9.87%	161.48%	37.18%	17.41%	23.53%	1.24%	-1.68%
EBIT Growth	12.89%	-57.83%	7.78%	-4.59%	10.45%	270.79%	47.51%	22.51%	29.10%	0.42%	-5.96%
NOPAT Growth	9.47%	-56.96%	9.45%	-7.25%	20.69%	265.75%	56.65%	34.43%	28.66%	-14.09%	-13.30%
Net Income Growth	-208.39%	-64.43%	12.23%	-81.03%	225.73%	355.60%	65.02%	895.26%	4.74%	-24.80%	-47.91%
EPS Growth	-234.72%	-75.68%	9.52%	-98.18%	201.03%	605.56%	81.16%	10,700.00%	0.00%	-29.13%	-55.20%
Operating Cash Flow Growth	36.37%	-9.63%	19.21%	724.71%	4.28%	4.77%	5.61%	102.06%	-2.60%	-34.36%	-53.52%
Free Cash Flow Firm Growth	-60.14%	-46.99%	4.61%	61.46%	166.87%	22.18%	49.60%	-51.05%	-70.14%	-275.97%	-234.06%
Invested Capital Growth	-0.17%	-3.55%	-2.23%	-6.56%	-6.45%	-0.36%	-3.13%	0.48%	3.35%	17.27%	18.71%
Revenue Q/Q Growth	4.97%	4.88%	1.50%	1.13%	5.26%	-0.98%	-2.34%	-6.04%	10.79%	-0.07%	-8.25%
EBITDA Q/Q Growth	2.74%	-54.58%	89.26%	-4.26%	17.25%	8.10%	-0.71%	1.27%	16.91%	-12.69%	-4.88%
EBIT Q/Q Growth	3.85%	-67.10%	151.96%	-5.65%	20.22%	10.45%	0.24%	1.80%	18.52%	-15.62%	-7.62%
NOPAT Q/Q Growth	-3.25%	-61.49%	145.87%	-14.00%	25.90%	16.70%	5.31%	-3.77%	12.58%	-23.41%	4.49%
Net Income Q/Q Growth	-243.58%	133.14%	170.17%	-85.24%	851.40%	20.07%	-2.14%	-10.97%	0.12%	-13.79%	-32.21%
EPS Q/Q Growth	-276.36%	118.56%	283.33%	-98.55%	9,700.00%	29.59%	-1.57%	-13.60%	-9.26%	-8.16%	-37.78%
Operating Cash Flow Q/Q Growth	2,341.57%	2.09%	-49.84%	-34.05%	208.72%	2.57%	-49.43%	26.19%	48.81%	-30.87%	-64.20%
Free Cash Flow Firm Q/Q Growth	-34.94%	17.02%	21.67%	56.58%	7.53%	-46.43%	48.99%	-40.70%	-35.97%	-416.07%	-11.71%
Invested Capital Q/Q Growth	-1.68%	-7.14%	3.87%	-1.47%	-1.57%	-1.09%	0.98%	2.21%	1.25%	12.23%	2.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	6.83%	6.57%	6.26%	6.62%	6.87%	7.16%	6.69%	7.71%	7.82%	7.92%	7.34%
EBITDA Margin	6.64%	2.87%	5.36%	5.78%	6.44%	7.03%	7.14%	7.70%	8.12%	7.10%	7.36%
Operating Margin	5.41%	1.66%	4.18%	4.59%	5.30%	5.65%	5.92%	6.83%	7.04%	5.69%	5.80%
EBIT Margin	5.46%	1.71%	4.25%	4.66%	5.32%	5.93%	6.09%	6.60%	7.06%	5.96%	6.00%
Profit (Net Income) Margin	-3.31%	1.05%	2.78%	0.41%	3.67%	4.46%	4.46%	4.23%	3.82%	3.30%	2.44%
Tax Burden Percent	90.73%	70.75%	79.53%	9.39%	79.07%	84.02%	82.22%	72.14%	59.43%	66.30%	47.07%
Interest Burden Percent	-66.89%	86.39%	82.40%	93.01%	87.36%	89.38%	89.17%	88.88%	91.14%	83.47%	86.29%
Effective Tax Rate	0.00%	16.16%	19.52%	26.57%	23.87%	15.98%	13.41%	23.17%	24.24%	28.12%	19.71%
Return on Invested Capital (ROIC)	15.62%	6.25%	15.21%	15.56%	19.52%	24.42%	25.90%	26.15%	26.66%	19.42%	21.51%
ROIC Less NNEP Spread (ROIC-NNEP)	-17.60%	4.37%	12.13%	0.16%	17.43%	22.82%	22.57%	21.29%	16.42%	15.60%	13.26%
Return on Net Nonoperating Assets (RNNOA)	-5.30%	1.23%	3.49%	0.05%	4.83%	7.25%	7.43%	6.91%	3.89%	5.32%	5.64%
Return on Equity (ROE)	10.33%	7.48%	18.70%	15.61%	24.35%	31.68%	33.33%	33.07%	30.56%	24.74%	27.15%
Cash Return on Invested Capital (CROIC)	15.50%	17.54%	16.23%	20.81%	22.16%	21.09%	25.77%	23.60%	22.34%	7.59%	5.18%
Operating Return on Assets (OROA)	6.72%	2.20%	5.55%	6.26%	7.18%	8.20%	8.51%	9.11%	9.34%	7.93%	8.06%
Return on Assets (ROA)	-4.08%	1.34%	3.64%	0.55%	4.96%	6.16%	6.24%	5.84%	5.06%	4.39%	3.27%
Return on Common Equity (ROCE)	9.74%	7.03%	17.54%	14.58%	22.60%	29.29%	30.73%	30.51%	28.17%	22.83%	24.85%
Return on Equity Simple (ROE_SIMPLE)	7.05%	0.00%	4.98%	1.98%	13.81%	0.00%	24.09%	29.51%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	139	53	131	133	167	195	206	198	223	171	178
NOPAT Margin	3.78%	1.39%	3.37%	3.37%	4.03%	4.75%	5.12%	5.25%	5.33%	4.09%	4.65%
Net Nonoperating Expense Percent (NNEP)	33.22%	1.88%	3.08%	15.40%	2.09%	1.61%	3.33%	4.86%	10.24%	3.81%	8.24%
Return On Investment Capital (ROIC_SIMPLE)	-	-	2.84%	-	-	-	4.18%	3.96%	4.26%	3.15%	3.46%
Cost of Revenue to Revenue	93.17%	93.43%	93.74%	93.38%	93.13%	92.84%	93.31%	92.29%	92.18%	92.08%	92.67%
SG&A Expenses to Revenue	1.17%	1.07%	0.92%	1.13%	0.87%	1.06%	1.01%	1.06%	0.91%	0.94%	1.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	1.42%	4.65%	2.07%	2.03%	1.57%	1.50%	0.77%	0.88%	0.79%	2.23%	1.54%
Earnings before Interest and Taxes (EBIT)	200	66	166	184	221	244	244	249	295	249	230
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	243	110	209	228	267	289	287	290	339	296	282
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.74	5.15	5.64	6.04	5.21	6.33	6.40	5.37	5.98	6.92	5.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.83	0.79	0.85	0.86	0.76	0.86	0.87	0.76	0.93	1.07	0.79
Price to Earnings (P/E)	85.88	205.76	204.94	0.00	46.90	34.34	29.72	19.88	24.26	30.70	26.70
Dividend Yield	0.79%	0.84%	0.79%	0.78%	0.91%	0.82%	0.83%	0.99%	1.05%	0.77%	1.09%
Earnings Yield	1.16%	0.49%	0.49%	0.00%	2.13%	2.91%	3.36%	5.03%	4.12%	3.26%	3.75%
Enterprise Value to Invested Capital (EV/IC)	3.73	3.94	4.21	4.47	4.08	4.73	4.79	4.10	4.80	5.03	3.75
Enterprise Value to Revenue (EV/Rev)	0.90	0.86	0.92	0.93	0.81	0.92	0.93	0.82	0.98	1.14	0.88
Enterprise Value to EBITDA (EV/EBITDA)	14.37	15.69	17.18	17.50	15.30	14.49	13.74	11.58	13.00	15.20	11.64
Enterprise Value to EBIT (EV/EBIT)	17.96	20.20	22.01	22.27	19.40	17.56	16.40	13.68	15.18	17.78	13.75
Enterprise Value to NOPAT (EV/NOPAT)	24.32	27.78	29.80	30.76	25.47	22.78	20.85	17.07	19.04	23.11	18.27
Enterprise Value to Operating Cash Flow (EV/OCF)	17.36	17.76	19.09	17.88	15.85	17.89	18.09	14.20	16.98	22.44	18.98
Enterprise Value to Free Cash Flow (EV/FCFF)	24.05	22.05	25.66	20.73	17.80	22.40	18.28	17.42	21.85	71.50	78.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.84	0.92	0.91	0.92	1.01	1.06	1.05	1.02	0.94	1.01	1.11
Long-Term Debt to Equity	0.82	0.89	0.87	0.88	0.98	1.03	1.02	1.00	0.91	0.98	1.08
Financial Leverage	0.30	0.28	0.29	0.30	0.28	0.32	0.33	0.32	0.24	0.34	0.43
Leverage Ratio	4.36	4.48	4.45	4.45	4.58	4.90	4.81	4.78	4.68	4.79	4.90
Compound Leverage Factor	-2.92	3.87	3.67	4.14	4.00	4.38	4.29	4.25	4.26	4.00	4.23
Debt to Total Capital	45.66%	48.03%	47.55%	47.81%	50.19%	51.50%	51.28%	50.60%	48.38%	50.16%	52.56%
Short-Term Debt to Total Capital	1.18%	1.95%	1.98%	1.99%	1.32%	1.37%	1.41%	1.41%	1.40%	1.23%	1.28%
Long-Term Debt to Total Capital	44.49%	46.08%	45.58%	45.82%	48.87%	50.13%	49.87%	49.19%	46.98%	48.93%	51.28%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.47%	3.74%	3.91%	4.27%	3.99%	3.81%	3.97%	3.62%	3.95%	3.76%	4.15%
Common Equity to Total Capital	50.86%	48.24%	48.54%	47.92%	45.82%	44.69%	44.75%	45.77%	47.68%	46.08%	43.29%
Debt to EBITDA	2.51	2.80	2.75	2.68	2.99	2.46	2.30	2.21	2.10	2.24	2.24
Net Debt to EBITDA	0.92	1.02	1.10	1.06	0.87	0.78	0.73	0.69	0.49	0.82	1.09
Long-Term Debt to EBITDA	2.45	2.68	2.64	2.57	2.91	2.40	2.23	2.15	2.03	2.18	2.19
Debt to NOPAT	4.25	4.95	4.78	4.71	4.97	3.88	3.48	3.26	3.07	3.40	3.52
Net Debt to NOPAT	1.56	1.81	1.90	1.87	1.45	1.23	1.10	1.01	0.71	1.24	1.71
Long-Term Debt to NOPAT	4.14	4.75	4.58	4.51	4.84	3.77	3.39	3.17	2.98	3.32	3.43
Altman Z-Score	2.02	1.97	2.10	2.17	2.08	2.19	2.29	2.18	2.31	2.42	2.08
Noncontrolling Interest Sharing Ratio	5.66%	6.02%	6.21%	6.59%	7.18%	7.52%	7.80%	7.75%	7.82%	7.69%	8.45%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.10	1.05	1.05	1.06	1.13	1.13	1.14	1.15	1.17	1.14	1.10
Quick Ratio	0.66	0.65	0.62	0.62	0.68	0.69	0.69	0.68	0.71	0.69	0.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	144	169	206	358	385	207	308	182	117	-369	-412
Operating Cash Flow to CapEx	1,934.22%	1,281.67%	254.67%	464.60%	1,578.67%	1,236.35%	376.58%	1,552.84%	1,289.42%	316.44%	248.24%
Free Cash Flow to Firm to Interest Expense	3.72	4.08	4.99	7.51	7.50	4.58	7.15	4.32	2.91	-6.27	-9.11
Operating Cash Flow to Interest Expense	7.19	6.89	3.47	1.98	5.67	6.63	3.51	4.52	7.06	3.33	1.55
Operating Cash Flow Less CapEx to Interest Expense	6.82	6.35	2.11	1.55	5.31	6.09	2.58	4.23	6.51	2.28	0.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.23	1.29	1.31	1.34	1.35	1.38	1.40	1.38	1.32	1.33	1.34
Accounts Receivable Turnover	5.63	5.91	6.01	6.05	6.12	6.03	6.27	6.21	6.11	6.10	6.39
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	32.04	35.46	35.96	38.27	40.93	43.70	43.10	43.88	42.26	41.89	42.55
Accounts Payable Turnover	6.36	6.37	6.80	6.60	6.51	6.32	6.78	6.46	6.09	6.19	6.36
Days Sales Outstanding (DSO)	64.81	61.71	60.74	60.33	59.68	60.49	58.21	58.74	59.70	59.82	57.16
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	57.40	57.31	53.71	55.32	56.04	57.72	53.84	56.46	59.89	58.96	57.39
Cash Conversion Cycle (CCC)	7.40	4.41	7.03	5.01	3.64	2.76	4.37	2.27	-0.19	0.87	-0.23
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,380	3,138	3,260	3,212	3,162	3,127	3,158	3,227	3,267	3,667	3,748
Invested Capital Turnover	4.13	4.50	4.52	4.62	4.84	5.14	5.06	4.98	5.00	4.75	4.62
Increase / (Decrease) in Invested Capital	-5.79	-116	-74	-226	-218	-11	-102	15	106	540	591
Enterprise Value (EV)	12,610	12,360	13,728	14,342	12,900	14,800	15,111	13,234	15,689	18,439	14,059
Market Capitalization	11,635	11,385	12,670	13,275	11,967	13,815	14,115	12,270	14,897	17,246	12,529
Book Value per Share	$17.66	$15.95	$16.54	$16.16	$16.88	$16.29	$16.64	$17.22	$18.84	$18.82	$16.93
Tangible Book Value per Share	($7.28)	($8.83)	($9.07)	($9.30)	($8.53)	($9.72)	($9.29)	($8.77)	($7.56)	($10.50)	($13.06)
Total Capital	4,826	4,587	4,630	4,588	5,016	4,888	4,925	4,993	5,228	5,410	5,155
Total Debt	2,204	2,203	2,202	2,194	2,518	2,517	2,525	2,527	2,529	2,714	2,710
Total Long-Term Debt	2,147	2,113	2,110	2,102	2,452	2,450	2,456	2,456	2,456	2,647	2,644
Net Debt	808	803	877	871	732	798	800	783	586	990	1,317
Capital Expenditures (CapEx)	14	22	56	20	18	24	40	12	22	62	28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-644	-852	-821	-733	-750	-712	-651	-614	-682	-718	-571
Debt-free Net Working Capital (DFNWC)	614	409	371	453	895	869	929	986	1,112	868	676
Net Working Capital (NWC)	557	319	280	362	829	802	860	916	1,039	801	610
Net Nonoperating Expense (NNE)	260	13	23	117	15	12	26	38	63	33	85
Net Nonoperating Obligations (NNO)	757	755	831	817	663	757	758	761	569	971	1,303
Total Depreciation and Amortization (D&A)	43	45	43	44	46	45	42	42	45	48	52
Debt-free, Cash-free Net Working Capital to Revenue	-4.61%	-5.92%	-5.51%	-4.77%	-4.73%	-4.42%	-4.02%	-3.83%	-4.24%	-4.45%	-3.58%
Debt-free Net Working Capital to Revenue	4.40%	2.84%	2.49%	2.95%	5.65%	5.40%	5.73%	6.14%	6.92%	5.38%	4.24%
Net Working Capital to Revenue	3.99%	2.22%	1.88%	2.36%	5.23%	4.98%	5.30%	5.71%	6.46%	4.97%	3.82%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.97)	$0.19	$0.69	$0.01	$0.99	$1.28	$1.26	$1.08	$0.99	$0.91	$0.57
Adjusted Weighted Average Basic Shares Outstanding	138.74M	138.61M	135.90M	136.01M	136.03M	135.54M	132.50M	132.43M	132.30M	132.37M	130.89M
Adjusted Diluted Earnings per Share	($0.97)	$0.18	$0.69	$0.01	$0.98	$1.27	$1.25	$1.08	$0.98	$0.90	$0.56
Adjusted Weighted Average Diluted Shares Outstanding	138.74M	140.11M	137.10M	136.71M	136.79M	136.45M	133.63M	133.14M	133.08M	133.31M	131.98M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	138.73M	135.99M	136.02M	136.13M	134.07M	132.46M	132.69M	132.30M	132.45M	131.83M	129.29M
Normalized Net Operating Profit after Tax (NOPAT)	145	169	144	159	189	211	206	198	223	213	201
Normalized NOPAT Margin	3.96%	4.40%	3.70%	4.03%	4.56%	5.12%	5.12%	5.25%	5.33%	5.11%	5.24%
Pre Tax Income Margin	-3.65%	1.48%	3.50%	4.33%	4.65%	5.30%	5.43%	5.86%	6.43%	4.97%	5.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.14	1.59	4.02	3.85	4.30	5.41	5.68	5.90	7.34	4.23	5.08
NOPAT to Interest Expense	3.57	1.29	3.18	2.79	3.26	4.33	4.78	4.69	5.54	2.90	3.94
EBIT Less CapEx to Interest Expense	4.77	1.05	2.65	3.42	3.94	4.87	4.75	5.60	6.79	3.17	4.45
NOPAT Less CapEx to Interest Expense	3.20	0.75	1.82	2.36	2.90	3.80	3.85	4.40	5.00	1.85	3.31
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	51.76%	98.28%	95.06%	251.41%	44.01%	28.55%	30.31%	24.55%	23.48%	29.39%	31.30%
Augmented Payout Ratio	167.56%	477.03%	453.55%	1,164.06%	169.19%	132.52%	113.48%	98.55%	90.04%	90.43%	151.06%

Financials Breakdown Chart

Key Financial Trends

AECOM (NYSE: ACM) released a Q1 2026 snapshot that shows continued cash generation from operations, ongoing financing activity to support project growth, and a modest shift in the balance sheet. Below are the top takeaways drawn from the last four years of quarterly statements, focused on what may matter most to retail investors.

Net income in Q1 2026: Consolidated net income / (loss) of $93.352 million, signaling profitable quarterly results.
Operating cash flow: Net cash from continuing operating activities of $70.219 million, indicating ongoing cash generation from core business activities.
Revenue level: Operating revenue in Q1 2026 of $3.8308 billion, showing a solid level of quarterly scale consistent with recent performance.
Debt financing activity: Issuance of debt of $873.484 million in Q1 2026, improving short-term liquidity for project pipelines.
Earnings per share: Basic EPS of $0.57 and diluted EPS of $0.56, based on roughly 130.9 million–131.0 million shares.
Investing cash flow: Net cash from investing activities of −$34.823 million, reflecting typical capex and acquisitions associated with growth.
Balance sheet snapshot: Total assets around $11.94 billion, total liabilities about $9.49 billion, and total equity near $2.45 billion, indicating a relatively conservative leverage position.
Dividends per share: Cash dividends per share of $0.31, part of ongoing shareholder returns.
Financing cash flow: Net cash from continuing financing activities of −$374.232 million, reflecting net debt repayments that outweighed new borrowings in the quarter.
Net change in cash: Overall cash and equivalents declined by about −$339.052 million in Q1 2026, signaling cash usage beyond operating cash flow.
Margin signal: Gross margin around 7.3% for Q1 2026 (gross profit of ~$281.0 million on $3.831 billion revenue), indicating ongoing margin pressure in the current quarter.

05/22/26 07:12 PM ETAI Generated. May Contain Errors.

AECOM Financials - Frequently Asked Questions

According to the most recent income statement we have on file, AECOM's fiscal year ends in September. Their fiscal year 2025 ended on September 30, 2025.

AECOM's net income appears to be on an upward trend, with a most recent value of $636.19 million in 2025, falling from -$71.23 million in 2015. The previous period was $460.26 million in 2024. See where experts think AECOM is headed by visiting AECOM's forecast page.

AECOM's total operating income in 2025 was $1.03 billion, based on the following breakdown:

Total Gross Profit: $1.22 billion
Total Operating Expenses: $190.19 million

Over the last 10 years, AECOM's total revenue changed from $17.99 billion in 2015 to $16.14 billion in 2025, a change of -10.3%.

AECOM's total liabilities were at $9.50 billion at the end of 2025, a 1.9% decrease from 2024, and a 8.5% decrease since 2015.

In the past 10 years, AECOM's cash and equivalents has ranged from $683.89 million in 2015 to $1.71 billion in 2020, and is currently $1.59 billion as of their latest financial filing in 2025.

Over the last 10 years, AECOM's book value per share changed from 22.57 in 2015 to 18.82 in 2025, a change of -16.6%.

Related Companies

Financial statements for NYSE:ACM last updated on 2/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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AECOM (ACM) Financials

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AECOM (ACM) Financials

Annual Income Statements for AECOM

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Quarterly Cash Flow Statements for AECOM

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Quarterly Metrics And Ratios for AECOM

Financials Breakdown Chart

Key Financial Trends

AECOM Financials - Frequently Asked Questions

When does AECOM's financial year end?

How has AECOM's net income changed over the last 10 years?

What is AECOM's operating income?

How has AECOM's revenue changed over the last 10 years?

How much debt does AECOM have?

How much cash does AECOM have?

How has AECOM's book value per share changed over the last 10 years?

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