ACMNYSEServices-Engineering ServicesFiscal year ends September 30
AECOM
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$58.02−0.92 (-1.56%)
Close on Oct 19, 2026
- Market cap
- $7.46B
- P/E (TTM)
- 26.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
7.5%+2.2 pts over 5 years
Operating margin
6.4%+3.5 pts over 5 years
Net margin
3.5%+4.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.2% | +7.1% | +4.0% | -1.1% | |
| Gross profit | +12.2% | +12.8% | +11.4% | +8.6% | |
| Operating income | +24.1% | +16.6% | +21.9% | +23.0% | |
| Net income | +39.7% | +21.8% | – | – | |
| EPS, diluted | +42.7% | +24.5% | – | – | |
| Free cash flow | -3.2% | +5.9% | +26.1% | +0.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 2.8% | -5.3% | 24.0% | |
| Return on assets | 0.7% | -1.4% | 4.6% | |
| Current ratio | 1.13 | 1.24 | 1.14 | |
| Debt to equity | 1.21 | 0.63 | 1.09 | |
| Net debt to EBITDA | 4.36× | 0.39× | 1.06× | |
| Interest coverage | – | – | 5.6× | |
| Capex to revenue | 1.1% | 0.9% | 0.8% | |
| Diluted shares | 156M | 161M | 133M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Aecom generated $3.76B from operations and spent $3.63B on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$3.76B
Used
$3.63B
Capital expenditure$635.15M17%Dividends$408.30M11%Share buybacks$2.59B71%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.5%
×Asset turnover1.33×
×Equity multiplier5.19×
=Return on equity, FY202524.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.5% | 1.33× | 5.19× | 24.0% |
| FY2024 | 2.5% | 1.38× | 5.30× | 18.3% |
| FY2023 | 0.4% | 1.29× | 4.77× | 2.4% |
| FY2022 | 2.4% | 1.15× | 4.41× | 12.0% |
| FY2021 | 1.3% | 1.08× | 4.12× | 5.8% |
| FY2020 | -1.4% | 0.96× | 3.95× | -5.3% |
| FY2019 | -1.9% | 0.93× | 3.76× | -6.7% |
| FY2018 | 1.0% | 0.95× | 3.59× | 3.4% |
| FY2017 | 1.9% | 1.30× | 3.81× | 9.2% |
| FY2016 | 0.6% | 1.26× | 4.09× | 2.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$561.77M
- Cash generatingOperating cash flow above zero$821.60M
- Return on assets improvedROA up on the prior year3.6% → 4.7%
- Earnings backed by cashOperating cash flow above net income$821.60M vs $561.77M
- Less leverageLong-term debt to assets fell20.3% → 21.7%
- Better liquidityCurrent ratio rose1.11 → 1.14
- No dilutionShare count did not rise136M → 133M
- Gross margin improvedGross margin up on the prior year6.73% → 7.54%
- More efficientAsset turnover rose1.43 → 1.34