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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.
AECOM (NYSE: ACM) has announced its immediate exit from operations in Russia, citing the adverse business environment created by Russia's actions in Ukraine. The company's CEO emphasized support for Ukraine and the safety of their teams. Although the Russian market's financial contributions are minimal, AECOM expects a one-time pre-tax expense of $40 million to $50 million in Q2, with an expected cash impact of around $10 million. The company reiterated its fiscal 2022 guidance and long-term targets for fiscal 2024, indicating resilience in its overall financial strategy.
AECOM (NYSE: ACM) has declared a quarterly cash dividend of $0.15 per share, slated for payment on April 22, 2022. This dividend is part of the company’s ongoing commitment to returning value to its shareholders. Stockholders must be on record by the close of business on April 6, 2022 to qualify for the dividend. AECOM, a Fortune 500 firm, reported $13.3 billion in revenue for its Professional Services business in fiscal year 2021, highlighting its robust infrastructure consulting capabilities.
AECOM (NYSE: ACM) has secured a sole-source indefinite delivery, indefinite quantity (IDIQ) contract with the United States Air Force Academy (USAFA) to provide master planning, architecture, and engineering services. This collaboration focuses on sustainable practices and infrastructure improvements at USAFA, leveraging AECOM's extensive experience in higher education and facility design. AECOM aims to create a comprehensive master plan that includes community engagement, environmental services, and innovative design, enhancing USAFA's mission and legacy.
AECOM (NYSE: ACM) announced CEO Troy Rudd will participate in a fireside chat at Citi's Global Industrial Tech and Mobility Conference on February 22 at 1 p.m. ET. A webcast of the session will be accessible online. Additionally, CFO Gaurav Kapoor will speak at Baird’s Sustainability Conference on February 23 and Barclays’ Industrial Select Conference on February 24. AECOM is recognized as a leading infrastructure consulting firm, with a revenue of $13.3 billion in fiscal year 2021, dedicated to providing professional services across various sectors.
AECOM (NYSE: ACM) has been appointed to Network Rail's £45-million Commercial Services Framework for the North West and Central region of the U.K. rail network. This partnership reinforces AECOM's commitment to enhancing rail infrastructure, serving 1.3 million passengers daily. The framework spans five years and includes multiple management and commercial services lots. AECOM aims to leverage its expertise to deliver sustainable solutions, contributing to the economic connectivity of the region, which links major cities like London and Manchester.
AECOM has been awarded a contract by FEMA for the Risk Mapping, Assessment and Planning (Risk MAP) Program, valued at $300 million for one year with four optional extensions. The contract aims to enhance flood risk analysis and hazard mapping particularly in historically underserved areas prone to severe natural hazards. This partnership builds on AECOM’s 40 years of experience with FEMA and aims to support the 2022-2026 FEMA Strategic Plan, focusing on equity, climate resilience, and disaster response.
AECOM (NYSE:ACM) reported its first quarter fiscal 2022 results, revealing a 1% decrease in revenue to $3.3 billion but a remarkable 19% increase in operating income to $168 million. Adjusted EPS rose 44% to $0.89, supported by strong cash flow and stock repurchases totaling $213 million this quarter. The company raised its fiscal 2022 adjusted EPS guidance to between $3.30 and $3.50, reflecting 21% growth at mid-point. AECOM also declared its first quarterly dividend in December 2021, initiating a consistent cash return strategy to shareholders.
AECOM (NYSE: ACM) and Michael Baker International have secured a five-year, $75-million indefinite delivery contract with the U.S. Naval Facilities Engineering Systems Command (NAVFAC). This partnership aims to provide essential architecture and engineering services for environmental compliance programs. The contract encompasses support for various U.S. Navy and Marine Corps installations, reflecting AECOM's long-standing commitment to delivering environmentally sustainable solutions. The work will enhance NAVFAC's environmental program, emphasizing conservation and restoration efforts.
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