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Aecom - ACM STOCK NEWS

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AECOM (NYSE: ACM) is a globally recognized infrastructure consulting firm delivering comprehensive professional services throughout the project lifecycle. From advisory, planning, design, and engineering to program and construction management, AECOM caters to both public and private sector clients across 150 countries. Headquartered in Los Angeles, the company employs 51,000 professionals and generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.

As a fully integrated firm, AECOM connects knowledge and experience across its global network of experts to help clients solve their most complex challenges. Their projects span a variety of sectors including transportation, buildings, water, new energy, and the environment. Recently, AECOM's joint venture with Stantec was awarded a significant environmental planning contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific, exemplifying dedication to resilient and sustainable infrastructure.

AECOM’s partnership with the Texas Department of Transportation on the $4.5 billion Capital Express (CapEx) Central project in Austin further highlights their role in critical infrastructure development. Additionally, the company's involvement in expanding Ontario’s Clarkson Water Resource Recovery Facility underscores their expertise in water treatment and environmental services.

Committed to sustainability and innovation, AECOM's collaboration with Unitywater in Australia aims to enhance water and sewage services to over 800,000 residents. Their strategic initiatives also include supporting FEMA’s Public Assistance grant program to aid disaster-affected communities.

AECOM is also at the forefront of supporting Ukraine’s hydropower infrastructure restoration, reflecting their ability to handle complex, large-scale projects. With a commitment to delivering sustainable legacies, AECOM continues to lead in infrastructure consulting, driven by their technical and digital expertise, and a culture of equity, diversity, and inclusion.

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AECOM (NYSE: ACM) has been awarded a program management contract by Orange County Public Schools (OCPS) in Florida. The five-year contract includes planning, procurement, cost estimating, and construction management for a capital facility program aimed at enhancing educational environments for over 206,000 students. AECOM has previously overseen a $2.5 billion capital program for OCPS. The initiative aligns with OCPS's goal to optimize learning spaces while ensuring safety and emotional support for students.

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AECOM (NYSE: ACM) has been chosen by Metro Vancouver to design the North Shore Wastewater Treatment Plant, replacing the Lions Gate facility and serving around 250,000 residents. AECOM will provide design completion and construction management services, ensuring a smooth transition to the new contractor, PCL Construction. The plant aims for LEED Gold and Envision Gold certifications, featuring a modern design with community spaces. It will enhance wastewater treatment technology, recover heat from effluents, and conserve water resources.

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AECOM (NYSE: ACM) has been selected by the Greater Toronto Airports Authority to develop a long-term environmental master plan for Toronto Pearson International Airport. This initiative will target climate change, carbon neutrality, energy use, water management, natural environment, and waste management. AECOM aims to suggest capital projects and operational changes that aid GTAA in reaching its environmental goals. The project includes baseline assessments, strategy reviews, performance monitoring, and cost-benefit analyses. AECOM's previous partnerships with GTAA demonstrate a strong foundation for this collaboration.

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AECOM (NYSE: ACM) has declared a quarterly cash dividend of $0.15 per share, continuing its commitment to returning value to shareholders. This dividend is payable on July 22, 2022, to stockholders on record as of the close of business on July 6, 2022. AECOM is recognized as a leading infrastructure consulting firm, with a reported revenue of $13.3 billion in fiscal year 2021. The company emphasizes its dedication to sustainable practices and addressing complex challenges across various sectors worldwide.

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AECOM (NYSE: ACM) has secured a contract with Public Services and Procurement Canada for the Faro Mine Remediation Project, a significant environmental clean-up effort. This project, expected to run through March 2024, will involve the design of a remediation plan and quality assurance services, aimed at restoring traditional territories for affected First Nations. AECOM will work alongside a team of experienced partners and aims to ensure human health, safety, and environmental protection in the area.

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AECOM (NYSE: ACM) has announced the next phase of its Sustainable Legacies ESG strategy, launched a year ago, which aims to advance sustainability initiatives globally. Key updates include more ambitious net-zero carbon emission targets, operational net-zero achievement for Scopes 1 and 2 for fiscal 2021, and enhanced governance frameworks. The strategy focuses on sustainable development, improving social outcomes, equity, and diversity. AECOM aims for a 60% reduction in Scope 1 and 2 emissions by 2030 and net-zero by 2040, marking a proactive stance in the ESG space.

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AECOM (NYSE: ACM) has been awarded a significant contract by NJ TRANSIT for engineering services related to its Bus Garage Modernization Program. This initiative aims to facilitate the transition to a zero-emissions bus fleet by upgrading the Hilton Garage in Maplewood and assessing 16 statewide bus garages. AECOM will provide essential engineering and construction assistance, focusing on electrification upgrades such as solar systems and charging equipment.

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AECOM (NYSE: ACM) has formed a joint venture with EnSafe to tackle environmental challenges through a new contract awarded by the Naval Facilities Engineering Systems Command (NAVFAC). The IDIQ contract has a ceiling of $400 million and focuses on delivering architecture and engineering services as part of the Comprehensive Long-Term Environmental Action Navy (CLEAN) program. This initiative will address critical issues, including PFAS contamination and compliance with major environmental laws.

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AECOM reported its second quarter fiscal 2022 results, achieving a fifth consecutive quarter of net service revenue (NSR) growth. Revenue declined 2% to $3.2 billion, with operating income down 29% to $111 million. The total backlog reached $40.8 billion, marking a strong book-to-burn ratio of 1.6. Cash flow was robust, with nearly $300 million returned to shareholders through dividends and stock repurchases. Adjusted EPS increased by 24% to $0.83. AECOM reiterated its fiscal 2022 guidance and long-term fiscal 2024 targets for continued growth.

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AECOM (NYSE: ACM) has been reappointed by the City of Austin’s Transportation Department as its engineering consultant, continuing its role since 2018. The firm will assist in enhancing Austin's transportation network, focusing on accessibility, safety, and efficiency. AECOM aims to support ATD's objectives such as managing congestion and improving infrastructure. The company's services will encompass engineering studies, traffic safety engineering, and public outreach, aligning with the city’s strategic transportation plans.

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FAQ

What is the current stock price of Aecom (ACM)?

The current stock price of Aecom (ACM) is $116.31 as of November 22, 2024.

What is the market cap of Aecom (ACM)?

The market cap of Aecom (ACM) is approximately 15.4B.

What does AECOM specialize in?

AECOM specializes in infrastructure consulting, offering services in advisory, planning, design, engineering, and program and construction management across various sectors.

Where is AECOM headquartered?

AECOM is headquartered in Los Angeles, California.

How many employees does AECOM have?

AECOM employs approximately 51,000 professionals worldwide.

What are some recent projects undertaken by AECOM?

Recent projects include the NAVFAC Pacific environmental planning contract, the Texas Capital Express project, and the expansion of Ontario’s Clarkson Water Resource Recovery Facility.

What sectors does AECOM operate in?

AECOM operates in various sectors including transportation, buildings, water, new energy, and the environment.

What was AECOM’s revenue in fiscal year 2023?

AECOM reported revenue of $14.4 billion in fiscal year 2023.

How is AECOM contributing to sustainability?

AECOM is committed to sustainability through various projects such as water treatment improvements, disaster resilience programs, and infrastructure projects supporting environmental compliance and sustainability.

What is AECOM’s role in supporting Ukraine’s hydropower infrastructure?

AECOM is partnering with Ukrhydroenergo to restore and reconstruct Ukraine’s hydropower assets, showcasing their expertise in renewable energy and disaster recovery.

What recent contracts has AECOM secured?

AECOM recently secured a contract with FEMA for disaster recovery services and a joint venture contract with NAVFAC Pacific for facility support services.

What is AECOM’s commitment to diversity and inclusion?

AECOM is dedicated to a culture of equity, diversity, and inclusion, driving their purpose to deliver a better world through technical and digital expertise.

Aecom

NYSE:ACM

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15.43B
131.86M
0.45%
90.64%
1.4%
Engineering & Construction
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