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Mar 31, 2024
AECOM Q2 2024 Earnings Report
AECOM reported strong second quarter financial performance driven by revenue growth and record profitability.
Key Takeaways
AECOM reported strong second quarter fiscal 2024 results with revenue growth, record profitability, and a record backlog and pipeline. The company is increasing the mid-point of its adjusted EBITDA guidance for the full year.
Program Management backlog increased 45% year-over-year.
Launched TechEx initiative aimed at elevating company culture through technical and professional development programs.
Successfully amended and extended credit facility, maintaining a prudent mix of approximately 70% fixed and 30% floating rate debt.
Completed a transaction that transitioned the AECOM Capital team to a new platform.
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AECOM Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income