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Dec 31, 2020

AECOM Q1 2021 Earnings Report

AECOM's Q1 2021 results reflected a successful positioning as a pure-play Professional Services business with higher margins.

Key Takeaways

AECOM reported strong first quarter results with a 140 basis point increase in the segment adjusted operating margin, resulting in 9% adjusted EBITDA growth and 35% adjusted EPS growth.

Successfully positioned AECOM as a pure-play Professional Services business.

Secured positions on additional key frameworks.

Clients are increasingly turning to AECOM to lead their ESG and sustainability initiatives.

Prioritized delivering more consistently phased free cash flow.

Total Revenue
$3.31B
Previous year: $3.24B
+2.4%
EPS
$0.62
Previous year: $0.46
+34.8%
Gross Profit
$184M
Previous year: $166M
+11.2%
Cash and Equivalents
$1.2B
Previous year: $887M
+35.3%
Free Cash Flow
-$23.8M
Previous year: -$238M
-90.0%
Total Assets
$12.5B
Previous year: $15.2B
-17.9%

AECOM

AECOM

AECOM Revenue by Segment

Forward Guidance

AECOM expects to deliver more than $500 million of free cash flow between now and the end of September.

Revenue & Expenses

Visualization of income flow from segment revenue to net income