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Dec 31, 2021

AECOM Q1 2022 Earnings Report

AECOM reported strong first quarter results that exceeded expectations, driven by the Think and Act Globally strategy.

Key Takeaways

AECOM's first quarter results exceeded expectations, with strong organic NSR growth, a record first quarter operating margin, and double-digit earnings growth. The company raised its full year adjusted EPS guidance and repurchased over $200 million of stock. They also initiated a new quarterly dividend program.

First quarter results exceeded expectations on key metrics.

The company is winning work at its highest rate ever.

Over $200 million of stock was repurchased in the first quarter.

A new quarterly dividend program was initiated.

Total Revenue
$3.27B
Previous year: $3.31B
-1.4%
EPS
$0.89
Previous year: $0.62
+43.5%
Gross Profit
$200M
Previous year: $184M
+8.6%
Cash and Equivalents
$1.1B
Previous year: $1.2B
-8.3%
Free Cash Flow
$162M
Previous year: -$23.8M
-781.5%
Total Assets
$11.4B
Previous year: $12.5B
-8.5%

AECOM

AECOM

AECOM Revenue by Segment

Forward Guidance

AECOM raised its full year adjusted EPS guidance, reflecting confidence in delivering highly profitable and accelerating NSR growth combined with strong free cash flow.

Revenue & Expenses

Visualization of income flow from segment revenue to net income