NYSE$ACM

AECOM · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

AECOM's third quarter results included accelerating organic NSR growth, margin expansion, double-digit adjusted EPS growth and strong cash flow.

AECOM reported strong Q3 fiscal year 2023 results, with accelerating organic NSR growth, margin expansion, double-digit adjusted EPS growth, and strong cash flow. The company's backlog in the design business reached a new high, and proposals and bids submitted continued to increase. AECOM is on track to deliver another year of strong performance that exceeds initial expectations.

  • Consistently delivering on financial and strategic commitments.
  • Expanding competitive advantage, which allows company to deliver continued organic growth and margin expansion.
  • Leading technical capabilities and culture of collaboration are combining to create an unrivaled competitive advantage.
  • Focus on profitable organic growth has resulted in a substantial increase in returns on capital and a record quarterly segment adjusted operating margin.

Headline financials

Total Revenue

$3.66B

Previous: $3.24B+13.0%
EPS (adj)

$0.94

Previous: $0.86+9.3%
Capital Expenditures

-$83.3M

Previous: -$70.5M-18.2%
Free Cash Flow

-$218M

Previous: $31.4M-794.4%
Net Income

-$135M

Previous: $102M-232.2%
Operating Income

-$105M

Previous: $183M-157.6%
Gross Profit

$250M

Previous: $221M+13.4%
Cash & Equivalents

$1.26B

Previous: $1.01B+24.4%
Total Assets

$11.4B

Previous: $11.2B+1.6%
Stock-Based Comp

$16.3M

Previous: $5.69M+186.1%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.66B

Q3 2023+13%vs Q3 2022
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

AECOM · $3.63B total across 2 segments · Q3 2023

  • Americas
    $2.8B+12.0%
  • International
    $834M+6.4%

Forward guidance

AECOM is on track to deliver another year of strong performance that exceeds initial expectations.

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 2023

Historical avgQ3 2023

-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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