NYSE$ACM

AECOM · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

AECOM's first quarter performance reflected the strength of its strategy and culture, delivering a record design backlog, strong organic NSR growth, record first quarter margins, and strong free cash flow.

AECOM reported strong first quarter fiscal 2024 results, highlighted by a record design backlog, strong organic NSR growth, record first quarter margins, and strong free cash flow. The company's performance reflects its strategy and culture focused on winning what matters and collaborating to bring the best of its technical resources to clients globally.

  • Delivered a record design backlog.
  • Achieved strong organic NSR growth.
  • Reported record first quarter margins.
  • Generated strong free cash flow.

Headline financials

Total Revenue

$3.9B

Previous: $3.38B+15.3%
EPS

$0.69

Previous: $0.86-19.8%
Total Backlog - Design only

$21.8B

No prior period
Capital Expenditures

-$56.2M

Previous: -$36.4M-54.7%
Free Cash Flow

$38.2M

Previous: $51.6M-25.9%
Net Income

$94.4M

Previous: $87.9M+7.4%
Operating Income

$163M

Previous: $152M+7.5%
Gross Profit

$244M

Previous: $215M+13.5%
Cash & Equivalents

$1.19B

Previous: $1.16B+2.8%
Total Assets

$11.4B

Previous: $11.4B-0.1%
Stock-Based Comp

$15.1M

Previous: $11.9M+26.6%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.9B

Q1 2024+15.3%vs Q1 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

AECOM provided financial guidance for fiscal year 2024, expecting to outgrow the market organically and deliver double-digit annual compounding of per share earnings and cash flow.

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 2024

Historical avgQ1 2024

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro