Welcome to our dedicated page for AECOM news (Ticker: ACM), a resource for investors and traders seeking the latest updates and insights on AECOM stock.
About AECOM
AECOM (NYSE: ACM) is a leading global provider of design, engineering, construction, and management services, dedicated to delivering innovative and sustainable solutions for infrastructure development. With operations in over 150 countries, AECOM connects a vast network of experts to address complex challenges across diverse sectors, including transportation, water, energy, and environmental services. The company’s integrated approach allows it to design, build, finance, and operate infrastructure assets, offering end-to-end solutions that meet the evolving needs of governments, businesses, and organizations worldwide.
Core Business Areas
AECOM’s expertise spans a wide range of industries, making it a critical partner in shaping the built environment. Key business areas include:
- Transportation: Delivering infrastructure solutions for roads, bridges, airports, and transit systems to enhance mobility and connectivity.
- Water: Providing innovative water management and treatment solutions to ensure access to clean and sustainable water resources.
- Energy: Supporting the transition to renewable energy and improving energy infrastructure for greater efficiency and reliability.
- Environmental Services: Promoting sustainability through environmental assessments, remediation, and resilience planning for communities and ecosystems.
Revenue Model and Market Differentiation
AECOM generates revenue through a combination of project design and management, consulting services, and operational support. Its fully integrated service model enables clients to engage with a single partner for all phases of infrastructure development, from initial planning to long-term operation. This approach not only streamlines project execution but also delivers cost efficiencies and enhanced outcomes. AECOM’s commitment to sustainability and its ability to tackle large-scale, high-impact projects further distinguish it from competitors in the engineering and construction industry.
Global Reach and Impact
Headquartered in Los Angeles, California, AECOM employs a diverse workforce of experts who collaborate across its global network. The company’s projects range from high-performance buildings and resilient infrastructure to stable and secure environments. Its work contributes to the development of resilient communities, sustainable cities, and transformative infrastructure that addresses the critical needs of a rapidly changing world.
Commitment to Sustainability
AECOM is at the forefront of integrating sustainability into infrastructure projects. By addressing climate change, promoting renewable energy, and enhancing resilience, the company aligns its operations with global efforts to create a more sustainable future. Its focus on innovation and adaptability ensures that it remains a trusted partner for clients navigating complex environmental and societal challenges.
Competitive Landscape
Operating in a highly competitive industry, AECOM faces competition from firms like Jacobs Solutions and Fluor Corporation. However, its unique value proposition lies in its comprehensive service offerings, global presence, and expertise in managing complex, large-scale projects. These strengths position AECOM as a key player in the infrastructure sector, capable of delivering transformative solutions that others can only imagine.
Why AECOM Matters
AECOM’s work is vital to building a better world. By addressing critical infrastructure needs, enhancing sustainability, and fostering innovation, the company plays a pivotal role in shaping the future of our communities and environments. For governments, businesses, and investors, AECOM represents a trusted partner in delivering impactful, long-term solutions for the challenges of today and tomorrow.
AECOM (NYSE: ACM) has announced a quarterly cash dividend declaration by its Board of Directors. The company will pay $0.26 per share to stockholders as part of its ongoing quarterly dividend program. Shareholders who are on record by the close of business on April 2, 2025 will receive the dividend payment on April 17, 2025.
AECOM (NYSE: ACM) reported strong Q1 fiscal 2025 results with notable growth across key metrics. Net service revenue increased 5.5% to $1,801 million, while operating income grew 46% to $237 million. The company achieved record first-quarter margins, with segment operating margin reaching 15.4% (+40 bps) and EBITDA margin at 15.6% (+20 bps).
Earnings per share rose significantly, with adjusted EPS increasing 25% to $1.31. Total backlog reached a record $23,877 million, up 4%, maintaining a book-to-burn ratio above 1.0x for the 17th consecutive quarter. Free cash flow increased 28% to $111 million.
Based on strong performance, AECOM raised its fiscal 2025 guidance, projecting organic NSR growth of 5-8%, adjusted EBITDA of $1,175-1,210 million, and adjusted EPS of $5.05-5.20, representing a 13% increase at the mid-point.
AECOM (NYSE: ACM) has achieved the No. 1 ranking on Fortune magazine's World's Most Admired Companies list in its industry, marking its eleventh consecutive year on the list. The company has reached significant milestones in fiscal 2024 through its Think and Act Globally strategy, including:
- Gaining the top position as design firm across key markets: water, transportation, environment, and facilities
- Launching a new Water and Environment Advisory global business line
- Achieving record employee satisfaction scores and low attrition
- Setting financial performance records in net service revenue, margins, earnings, and cash flow
- Advancing digital strategy implementation, including AI integration to enhance service delivery and efficiency
The ranking was determined through Fortune's collaboration with Korn Ferry, where executives, directors, and analysts rated companies on nine criteria, including investment value, talent management, innovation, and product quality.
AECOM (NYSE: ACM) has announced its schedule for releasing first quarter fiscal 2025 earnings results. The company will release its financial results after U.S. market hours on February 3, 2025. A conference call and webcast with analysts and investors will follow on February 4, 2025, at 8 a.m. Eastern Time / 7 a.m. Central Time.
During the conference call, management will discuss financial results, outlook, strategic accomplishments, and market trends. The webcast and replay will be accessible at investors.aecom.com. Participants can join the conference call directly by dialing 800-599-5188 (U.S.) or 646-307-1591 (international) with passcode 7295287.
AECOM (NYSE: ACM) and STV have formed a joint venture selected by Amtrak to manage the Sawtooth Bridges Replacement Project, a critical component of the Gateway Program. The project involves replacing three bridges along a 1.9-mile corridor in Kearny, N.J., between Newark Penn Station and Secaucus Junction. The existing bridges, built in 1907, currently support over 400 daily trains but limit speeds to 60 mph due to structural deficiencies.
The joint venture will oversee design coordination and manage interactions with railroads, utilities, and third parties using a multi-phased alternative delivery approach. The project aims to improve rail connectivity and double passenger train capacity on the Northeast Corridor's most congested section. This initiative is part of several federally funded megaprojects along the Northeast Corridor where AECOM is involved.
AECOM (NYSE: ACM) has announced significant success in securing UK Water sector contracts for Asset Management Period 8 (AMP8). The company maintained a 100% win rate on recompete contracts, with framework values more than doubling compared to AMP7. The AMP8 regulatory framework, running from 2025 to 2030, encompasses approximately £104 billion, representing a 77% increase from AMP7.
Recent victories include major professional service frameworks for Thames Water and Southern Water, including support for Southern Water's $4.8 billion capital delivery program. The AMP8 program will focus on reliability, sustainability, and digitalization improvements for water infrastructure in England and Wales. AECOM, ranked as the No. 1 Water design firm by Engineering News-Record, achieved maximum quality scores in tender submissions.
AECOM (NYSE: ACM) has been selected as the delivery partner for Austin Transit Partnership's Phase 1 light rail transit system project. The company will provide program management oversight, environmental services, design management, rail activation, and operational readiness for Austin's first light rail system. The project encompasses approximately 10 miles with 15 stations, connecting key locations including Lady Bird Lake, downtown Austin, and the University of Texas at Austin.
As delivery partner, AECOM will lead a technical team including Disadvantaged Business Enterprise (DBE) firms to promote socially and economically disadvantaged individuals' participation. The project is part of the broader Austin Strategic Mobility Plan, with future expansions planned to extend north to major hubs and south to Austin's airport.
AECOM (NYSE: ACM) has been appointed by Thames Water to a new £400 million professional services framework in the UK. The FA1980 framework combines multiple existing professional services frameworks and will run for five years, with a possible three-year extension. AECOM has secured positions on four lots, leading three as primary consultant with Arcadis and GHD as subconsultants, and serving as subconsultant on the fourth lot.
The framework supports Thames Water's 2025-2030 business plan for AMP8 regulatory period, focusing on improving water and wastewater services, infrastructure upgrades, leakage prevention, and environmental enhancement. The framework covers multi-disciplinary services, infrastructure engineering, environmental services, and non-infrastructure engineering services. Currently, AECOM has 20 staff members seconded to Thames Water under the previous FA1300 framework.
AECOM and Jacobs Consultancy Canada's joint venture has been selected by Metro Vancouver for preliminary engineering services on the Iona Island Wastewater Treatment Plant upgrade. The plant, built in 1963, serves 750,000 residents and processes 200 billion liters of wastewater annually. The upgrade aims to meet regulatory requirements, improve water quality, support carbon neutrality objectives, and enhance climate resilience. The joint venture will provide design and project planning oversight, focusing on sustainable improvements while minimizing environmental impact and enhancing operational efficiency.
AECOM announced key updates to its capital allocation strategy, including a $1 billion increase in share repurchase authorization and an 18% increase in quarterly dividend to $0.26 per share. The company has returned $2.5 billion to shareholders since 2020, with $2.2 billion in stock buybacks reducing shares outstanding by 21%. AECOM has delivered a 20% average annual increase in dividend over the last three years. The next dividend payment is scheduled for January 17, 2025, to stockholders of record on January 2, 2025.