NYSE$ACM

AECOM · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported exceptional first quarter results driven by strategic actions to simplify operating structure and transform into a higher-returning and lower-risk Professional Services business.

AECOM reported first quarter fiscal year 2020 results, with adjusted EBITDA exceeding expectations. The company reiterated its full year free cash flow guidance and is confident in achieving its full year and long-term financial targets.

  • Wins were $3.3 billion, resulting in a book-to-burn ratio of 1.0.
  • Total backlog increased by 2% over the prior year to $36.5 billion.
  • Americas adjusted operating margin on an NSR basis of 16.6% was a 220 basis point increase over the prior year.
  • International adjusted operating margin on an NSR basis increased by 210 basis points over the prior year to 4.7%.

Headline financials

Total Revenue

$3.24B

Previous: $5.04B-35.8%
EPS (adj)

$0.46

Previous: $0.56-17.9%
Total Backlog

$36.5B

No prior period
Book-to-burn Ratio

1

No prior period
Capital Expenditures

-$31.6M

Previous: -$23.6M-34.0%
Net Income

$40.6M

Previous: $51.5M-21.2%
Operating Income

$175M

Previous: $83.9M+108.5%
Gross Profit

$166M

Previous: $171M-2.8%
Stock-Based Comp

$21.3M

Previous: $15.6M+36.0%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.24B

Q1 2020-35.8%vs Q1 2019
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

AECOM · $3.81B total across 2 segments · Q4 2023

  • Americas
    $2.9B+11.5%
  • International
    $905M+12.1%

Forward guidance

The Company remains on track to achieve its annual free cash flow guidance of $100 million to $300 million for fiscal 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.2%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+0.8%

Avg return

30 days after

50%

34 / 68 earnings

Positive

+16.9%

Q4 2016

Best reaction

-16.9%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.3%-10.3%-12.6%
Q1 2026+1.1%-14.0%-12.6%
Q4 2025-3.7%-21.5%-26.2%
Q2 2025+0.7%+2.4%+8.3%
Q1 2025+0.3%+3.2%-6.9%
Q4 2024+1.8%+8.8%+0.0%
Q3 2024+3.2%+9.5%+9.3%
Q2 2024-1.7%-1.8%-8.9%
Q1 2024-1.8%-0.8%-0.9%
Q4 2023+7.6%+8.3%+15.4%
Q3 2023-1.3%+2.2%-1.2%
Q2 2023-4.2%-6.6%-0.7%
Q1 2023+3.4%+2.5%+1.7%
Q4 2022+2.8%+2.9%+9.5%
Q3 2022+1.8%+7.0%+3.1%
Q2 2022-7.5%-6.5%-0.4%
Q1 2022+5.6%+4.6%+6.9%
Q4 2021+3.5%+3.2%+5.6%
Q3 2021-0.5%+1.7%+4.7%
Q2 2021-0.7%-3.3%-6.7%
Q1 2021-1.6%+3.0%+11.8%
Q4 2020+0.8%+1.5%-4.2%
Q3 2020+4.2%+3.4%+1.9%
Q2 2020+3.0%+5.1%+28.3%
Q1 2020-1.6%-2.3%+3.6%
Q4 2019-1.8%+0.4%+0.8%
Q3 2019+0.1%+1.4%+10.9%
Q2 2019+2.3%-0.5%+1.1%
Q1 2019-3.1%-7.2%-2.8%
Q4 2018-3.9%+0.7%-12.4%
Q3 2018-1.1%-2.0%-3.8%
Q2 2018-0.7%-3.7%-0.9%
Q1 2018+1.6%-3.5%+1.4%
Q4 2017-3.9%-2.4%+7.6%
Q3 2017+5.4%+3.0%+6.1%
Q2 2017+0.3%-3.3%-2.1%
Q1 2017-0.3%+3.4%-5.5%
Q4 2016+16.9%+13.9%+18.3%
Q3 2016-1.9%-2.5%-14.9%
Q2 2016+3.6%
Q1 2016-1.1%
Q4 2015+3.6%
Q3 2015-5.5%
Q2 2015+4.5%
Q1 2015-2.1%
Q4 2014-1.7%
Q3 2014+0.1%
Q2 2014-2.2%
Q1 2014+1.5%
Q4 2013-7.5%
Q3 2013-16.2%
Q2 2013+0.8%
Q1 2013+9.7%
Q4 2012-11.2%
Q3 2012+16.6%
Q2 2012-16.9%
Q1 2012-3.5%
Q4 2011-2.8%
Q3 2011-15.4%
Q2 2011+0.2%
Q1 2010-2.9%
Q1 2011+0.7%
Q2 2010-2.6%
Q4 2010-2.6%
Q4 2008-2.6%
Q4 2009+5.1%
Q3 2010+5.1%
Q3 2009+5.1%

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