Financials AECOM

Stocks

ACM

US00766T1007

Construction & Engineering

Market Closed - NYSE Other stock markets 16:00:02 2026-07-24 EDT			Pre-market 09:12:52
70.56 ^USD	+4.30%		69.05	-2.14%

07-22	RBC Trims Price Target on AECOM to $105 From $111, Keeps Outperform Rating	MT
07-13	AECOM Announces its Selection as Independent Certifier for Design and Construction of The Wave ? Stage 1, with Joint Venture Partner Bureau Veritas	CI

Projected Income Statement: AECOM

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	13,341	13,148	14,378	16,105	16,140	16,405	17,285	17,884
Change	-	-1.44%	9.36%	12.01%	0.21%	1.64%	5.36%	3.47%
EBITDA ¹	829.7	900.3	963.9	1,095	1,203	1,283	1,414	1,520
Change	-	8.51%	7.06%	13.58%	9.85%	6.72%	10.2%	7.48%
EBIT ¹	701	773.2	846.8	985.6	1,097	1,171	1,299	1,408
Change	-	10.3%	9.52%	16.39%	11.31%	6.77%	10.86%	8.4%
Interest Paid ¹	-238.4	-110.3	-159.3	-185.4	-184.3	-161.7	-147.9	-146.4
Earnings before Tax (EBT) ¹	408.8	550.7	213.4	718.2	915.6	826.3	1,185	1,329
Change	-	34.71%	-61.25%	236.53%	27.49%	-9.75%	43.46%	12.1%
Net income ¹	173.2	310.6	55.33	402.3	561.8	570.2	818.4	925.8
Change	-	79.35%	-82.19%	627%	39.65%	1.5%	43.53%	13.12%
Announcement Date	11/15/21	11/14/22	11/13/23	11/18/24	11/18/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: September	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2
Net sales ¹	3,408	3,354	3,267	3,214	3,242	3,426	3,382	3,490	3,664	3,842	3,900	3,944	4,151	4,110	4,014	3,772	4,178	4,175	3,831	3,801	4,362	4,411	4,046	4,005	4,654	4,704	4,153	4,120
Change	-	-1.6%	-2.6%	-1.62%	0.87%	5.69%	-1.28%	3.19%	4.97%	4.88%	1.5%	1.13%	5.26%	-0.98%	-2.34%	-6.04%	10.79%	-0.07%	-8.25%	-0.78%	14.76%	1.12%	-8.27%	-1.01%	16.2%	1.08%	-11.73%	-0.79%
EBITDA ¹	213.6	224.8	207.8	223.2	228.4	240.9	223.8	244.3	247.1	251.9	251.2	268.2	285.5	289.9	271.4	289.7	312.8	328.7	286.8	312.1	327.5	357	315	341.4	372.9	385.4	325.8	352.2
Change	-	5.24%	-7.56%	7.41%	2.33%	5.47%	-7.1%	9.16%	1.15%	1.94%	-0.28%	6.77%	6.45%	1.54%	-6.38%	6.74%	7.97%	5.08%	-12.75%	8.82%	4.92%	9.01%	-11.75%	8.38%	9.22%	3.35%	-15.46%	8.09%
EBIT ¹	178.7	191	176.4	189.6	200	207.2	193.9	211.6	219.8	224.7	223	240.1	261	261.5	240	262.7	295.7	299.1	264	280	304.6	333	287.8	309	340	352.4	299	325.7
Change	-	6.88%	-7.64%	7.48%	5.49%	3.6%	-6.42%	9.13%	3.88%	2.23%	-0.76%	7.67%	8.7%	0.19%	-8.22%	9.46%	12.56%	1.15%	-11.74%	6.06%	8.78%	9.35%	-13.59%	7.37%	10.04%	3.65%	-15.17%	8.95%
Charge d'intérêts ¹	-149	-25.86	-25.38	-24.17	-27.42	-33.3	-36.7	-42.37	-38.87	-41.4	-41.26	-47.72	-51.37	-45.07	-43.03	-42.2	-40.2	-58.87	-45.27	-50.57	-45.4	-44.9	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	15.94	150.2	145.8	90.64	159.9	154.4	122.9	167.4	-133.7	56.81	136.5	170.8	-	-	218	221.1	268.8	207.7	198.3	221.5	184	224	-	-	-	-	-	-
Change	-	842.16%	-2.92%	-37.82%	76.43%	-3.47%	-20.37%	36.16%	-179.88%	142.5%	140.33%	25.09%	-	-	-	1.47%	21.53%	-22.72%	-4.51%	11.7%	-16.94%	21.74%	-	-	-	-	-	-
Net income ¹	11.53	96.17	61.55	41.56	101.9	105.6	87.94	76.62	-134.7	25.47	94.44	1.007	134.3	-	167	143.4	131	120.4	74.52	179.9	127	160	-	-	-	-	-	-
Change	-	733.99%	-36%	-32.48%	145.18%	3.66%	-16.73%	-12.88%	-275.82%	118.91%	270.74%	-98.93%	13,233.96%	-	-	-14.16%	-8.67%	-8.09%	-38.09%	141.36%	-29.39%	25.98%	-	-	-	-	-	-
Announcement Date	8/9/21	11/15/21	2/7/22	5/9/22	8/8/22	11/14/22	2/6/23	5/8/23	8/7/23	11/13/23	2/5/24	5/6/24	8/5/24	11/18/24	2/3/25	5/5/25	8/4/25	11/18/25	2/9/26	5/11/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: AECOM

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	982	1,052	-	959	1,158	1,743	1,404	1,078
Change	-	7.13%	-	-	20.75%	50.52%	-19.45%	-23.22%
Announcement Date	11/15/21	11/14/22	11/13/23	11/18/24	11/18/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: AECOM

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	136.3	128.1	105.3	119.6	136.7	122	130	133
Change	-	-5.99%	-17.8%	13.58%	14.28%	-10.74%	6.55%	2.35%
Free Cash Flow (FCF) ¹	568.4	585.6	590.7	708.4	685.2	400	684.6	-
Change	-	3.02%	0.87%	19.93%	-3.27%	-41.62%	71.16%	-100%
Announcement Date	11/15/21	11/14/22	11/13/23	11/18/24	11/18/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: AECOM

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	6.22%	6.85%	6.7%	6.8%	7.45%	7.82%	8.18%	8.5%
EBIT Margin (%)	5.25%	5.88%	5.89%	6.12%	6.8%	7.14%	7.51%	7.87%
EBT Margin (%)	3.06%	4.19%	1.48%	4.46%	5.67%	5.04%	6.86%	7.43%
Net margin (%)	1.3%	2.36%	0.38%	2.5%	3.48%	3.48%	4.73%	5.18%
FCF margin (%)	4.26%	4.45%	4.11%	4.4%	4.25%	2.44%	3.96%	-
FCF / Net Income (%)	328.21%	188.53%	1,067.56%	176.1%	121.97%	70.15%	83.66%	-
Profitability
ROA	3.41%	3.4%	4.64%	3.45%	4.63%	4.8%	6.7%	7.5%
ROE	14.05%	19.08%	22.16%	28.06%	24.02%	28.42%	29.01%	25.44%
Financial Health
Leverage (Debt/EBITDA)	1.18x	1.17x	-	0.88x	0.96x	1.36x	0.99x	0.71x
Debt / Free cash flow	1.73x	1.8x	-	1.35x	1.69x	4.36x	2.05x	-
Capital Intensity
CAPEX / Current Assets (%)	1.02%	0.97%	0.73%	0.74%	0.85%	0.74%	0.75%	0.74%
CAPEX / EBITDA (%)	16.42%	14.23%	10.92%	10.92%	11.36%	9.51%	9.19%	8.75%
CAPEX / FCF (%)	23.97%	21.87%	17.83%	16.88%	19.95%	30.5%	18.99%	-
Items per share
Cash flow per share ¹	4.708	5.002	4.968	6.064	6.163	7.354	8.218	-
Change	-	6.23%	-0.68%	22.08%	1.63%	19.32%	11.76%	-
Dividend per Share ¹	-	0.6	0.72	0.88	1.04	1.155	1.325	1.489
Change	-	-	20%	22.22%	18.18%	11.1%	14.7%	12.35%
Book Value Per Share ¹	18.95	17.52	15.87	16.69	18.91	20.48	26.38	32.58
Change	-	-7.52%	-9.44%	5.18%	13.33%	8.28%	28.81%	23.49%
EPS ¹	1.16	2.18	0.39	2.95	4.21	4.607	6.453	7.505
Change	-	87.93%	-82.11%	656.41%	42.71%	9.42%	40.09%	16.3%
Nbr of stocks (in thousands)	144,062	139,650	138,727	134,067	132,446	128,523	128,523	128,523
Announcement Date	11/15/21	11/14/22	11/13/23	11/18/24	11/18/25	-	-	-