NYSE$ACM

AECOM · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

AECOM reported strong Q4 and full year fiscal 2023 results, exceeding earnings guidance and demonstrating robust end market growth.

AECOM reported a strong fourth quarter and full year fiscal 2023, with revenue growth in both Americas and International segments. The company's design backlog reached a new record, and its financial performance reflects its focus on high-growth markets and capital allocation strategy.

  • Revenue in the Americas increased by 12% in the fourth quarter, reaching $2.9 billion.
  • International revenue grew by 12% in the fourth quarter, amounting to $905 million.
  • Design business backlog increased by 12% to a record $21.4 billion.
  • The company returned $2 billion to stockholders since 2020 and increased both repurchase authorization and quarterly dividend.

Headline financials

Total Revenue

$3.84B

Previous: $3.43B+12.1%
EPS (adj)

$1.01

Previous: $0.89+13.5%
Capital Expenditures

$22.3M

Previous: $66.5M-66.5%
Free Cash Flow

$263M

Previous: $249M+5.6%
Net Income

$25.5M

Previous: $106M-75.9%
Operating Income

$258M

Previous: $184M+40.2%
Gross Profit

$252M

Previous: $217M+16.1%
Cash & Equivalents

$1.3B

Previous: $1.2B+8.3%
Total Assets

$11.2B

Previous: $11.1B+0.8%
Stock-Based Comp

$5M

Previous: $11.1M-54.8%

Revenue & EPS history

AECOM · Revenue · Quarterly

$3.84B

Q4 2023+12.1%vs Q4 2022
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 anticipates continued earnings and cash flow growth, supported by robust end market conditions and strategic capital allocation.

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 Q4 2023

Historical avgQ4 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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