NYSE$ACM

AECOM · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

AECOM reported strong second quarter financial performance driven by revenue growth and record profitability.

AECOM reported strong second quarter fiscal 2024 results with revenue growth, record profitability, and a record backlog and pipeline. The company is increasing the mid-point of its adjusted EBITDA guidance for the full year.

  • Program Management backlog increased 45% year-over-year.
  • Launched TechEx initiative aimed at elevating company culture through technical and professional development programs.
  • Successfully amended and extended credit facility, maintaining a prudent mix of approximately 70% fixed and 30% floating rate debt.
  • Completed a transaction that transitioned the AECOM Capital team to a new platform.

Headline financials

Total Revenue

$3.94B

Previous: $3.49B+13.0%
EPS (adj)

$1.04

Previous: $0.92+13.0%
Capital Expenditures

-$76.7M

Previous: -$68.8M-11.5%
Free Cash Flow

-$75.7M

Previous: $7.8M-1071.4%
Net Income

$1.01M

Previous: $76.6M-98.7%
Operating Income

$200M

Previous: $197M+1.5%
Gross Profit

$261M

Previous: $228M+14.5%
Cash & Equivalents

$1.19B

Previous: $1.07B+10.5%
Total Assets

$11.5B

Previous: $11.4B+0.6%
Stock-Based Comp

$15.6M

Previous: $12.7M+22.5%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.94B

Q2 2024+13%vs Q2 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%

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 Q2 2024

Historical avgQ2 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%

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