NYSE$ACM

AECOM · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter fiscal year 2020 results, demonstrating resilience amidst unprecedented challenges and margin expansion.

AECOM reported a solid third quarter performance with margin expansion and double-digit adjusted EBITDA growth. The company is raising its adjusted EBITDA guidance range and expects to deliver 11% year-over-year growth at the mid-point.

  • Third quarter wins totaled $3.2 billion, resulting in a book-to-burn ratio of 0.9.
  • Year-to-date wins reached $15.1 billion, reflecting a 1.5 book-to-burn ratio.
  • Total backlog increased by 16% over the prior year to $41.5 billion.
  • Operating cash flow for the third quarter was $186 million and free cash flow was $272 million.

Headline financials

Total Revenue

$3.19B

Previous: $4.98B-36.0%
EPS (adj)

$0.55

Previous: $0.72-23.6%
Capital Expenditures

-$83.3M

Previous: -$77.4M-7.6%
Free Cash Flow

$6.07M

Previous: $6.37M-4.7%
Net Income

$89.3M

Previous: $83.7M+6.7%
Operating Income

$119M

Previous: $193M-38.4%
Gross Profit

$185M

Previous: $209M-11.5%
Cash & Equivalents

$1.33B

Previous: $794M+67.8%
Total Assets

$13B

Previous: $14.8B-11.8%
Stock-Based Comp

$10.5M

Previous: $15.7M-32.9%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.19B

Q3 2020-36%vs Q3 2019
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

AECOM · $3.22B total across 3 segments · Q3 2020

  • Americas
    $2.5B-4.0%
  • International
    $718M-9.7%
  • AECOM Capital
    $200K

Forward guidance

The Company reiterated its guidance for full year free cash flow of between $100 million and $300 million.

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 Q3 2020

Historical avgQ3 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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