AECOM
ACM NYSE· Construction & Engineering
Last close · Oct 26, 2026
$60.72
KIRA · Stoqly’s AI analyst, in plain words
- AECOM had $16.1B of revenue in fiscal 2025, up 0.2% on the year before. Over five years, revenue changed +4.0% a year on average.
- Its operating margin was 6.4%, up 1.2 pts: of every 100 in sales, about 6 is left after running the business.
- AECOM made $562M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 23.7% a year.
- Free cash flow was $685M in fiscal 2025, 4.2% of revenue.
- AECOM returned $522M to shareholders in fiscal 2025, 76% of free cash flow. The diluted share count fell 2.3%.
- AECOM owes $1.1B more than it holds in cash, about 0.9 years of operating profit.
Market cap
$7.8B
P/E
27.9x
Revenue
$16.1B
Net income
$562M
Free cash flow
$685M
Operating margin
6.4%
AECOM in 30 seconds · fiscal 2025
Are sales growing?
+0.2%
Only a little. Sales grew 0.2% last year.
Does it make a profit?
3.5%
A little. It keeps 3.5% of every sale as profit.
Does profit turn into cash?
4.2%
Partly. 4.2% of sales ends up as free cash.
Is debt under control?
0.9x
Yes. It could repay its debt with 0.9 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
27.9x
One share costs 27.9 times its yearly profit per share. Typical for its sector: 26.0x.
What AECOM does
AECOM is a professional services firm that advises, plans, designs and manages infrastructure projects for governments, businesses and other organizations around the world. Its work includes advisory, planning, consulting, architectural and engineering design, construction and program management, and investment and development services. Its main markets are transportation, facilities, water, environmental and energy. The company reports three segments: Americas, International and AECOM Capital. Americas serves public and private clients in the United States, Canada and Latin America. International serves clients in other regions. AECOM Capital develops real estate and earns income from development sales and management fees. In its professional services work, AECOM mostly earns money by billing for its employees' time on client projects, so managing staff costs matters to its results.
Biggest risks, in its own words
- Strong competition that could reduce its revenue, profit and market share.
- Losing government contracts, or governments changing or ending contracts before they are completed.
- Failing to meet guaranteed contract schedules or performance requirements.
- Variable-rate debt that raises its interest costs when rates rise.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Nov 19, 2025
- Legal name
- AECOM
- CIK
- 0000868857
AECOM · ACM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $13.3B | $13.1B | $14.4B | $16.1B | $16.1B |
| Revenue growth | 0.8% | −1.4% | 9.4% | 12.0% | 0.2% |
| Gross margin | 6.0% | 6.5% | 6.6% | 6.7% | 7.5% |
| Operating margin | 4.7% | 4.9% | 2.3% | 5.1% | 6.4% |
| Net income | $173M | $311M | $55.3M | $402M | $562M |
| Net margin | 1.3% | 2.4% | 0.4% | 2.5% | 3.5% |
| Diluted EPS | $1.16 | $2.18 | $0.39 | $2.95 | $4.21 |
| Cash | |||||
| Cash from operations | $705M | $714M | $696M | $828M | $822M |
| Capital expenditure | $136M | $137M | $106M | $120M | $137M |
| Free cash flow | $568M | $577M | $590M | $708M | $685M |
| FCF margin | 4.3% | 4.4% | 4.1% | 4.4% | 4.2% |
| Dividends paid | $0.0M | $63.3M | $96.2M | $115M | $134M |
| Share buybacks | $867M | $473M | $379M | $479M | $388M |
| Share count change | −7.2% | −4.7% | −1.8% | −2.6% | −2.3% |
| Debt and strength | |||||
| Cash and short-term investments | $1.2B | $1.2B | $1.3B | $1.6B | $1.6B |
| Debt incl. finance leases | $2.2B | $2.2B | $2.2B | $2.5B | $2.7B |
| Shareholders' equity | $2.7B | $2.5B | $2.2B | $2.2B | $2.5B |
| Net debt / EBITDA | 1.2x | 1.3x | 1.9x | 0.9x | 0.9x |
| Current ratio | 1.1x | 1.1x | 1.1x | 1.1x | 1.1x |
| Interest coverage | 2.5x | 5.9x | 2.0x | 4.5x | 5.6x |
| Returns and quality | |||||
| Return on capital | 13.0% | 13.1% | 6.9% | 19.6% | 22.4% |
| Return on equity | 5.8% | 12.0% | 2.4% | 18.3% | 24.0% |
| Piotroski F-score | 7 | 7 | 6 | 8 | 7 |
| Altman Z'' | 0.9 | 0.8 | 0.3 | 0.7 | 1.0 |
Insiders bought, 12 months
$0.7M
3 insiders
Insiders sold, 12 months
$3.2M
2 insiders
Of sales under plans
100%
$3.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
AECOM · ACM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| AECOM ACM | $7.8B | 0.2% | 6.4% | 4.2% | 22.4% | 27.9x | 7 |
| Fluor FLR | $6.3B | −5.0% | −2.4% | −2.8% | −13.9% | — | 3 |
| Emcor EME | $29.7B | 16.6% | 10.1% | 7.0% | 60.7% | 20.7x | 6 |
| MasTec MTZ | $13.6B | 16.2% | — | 2.0% | 11.2% | 27.5x | 7 |
| Jacobs Solutions J | $17.5B | 4.6% | 7.2% | 5.1% | 10.1% | 51.6x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $60.72 a share, the company is worth $7.8B: 27.9 times its earnings of the last four quarters.
AECOM grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 2 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000868857). Data updated October 10, 2026. For information only — not investment advice. Check the original filings before relying on any figure.