Loading...
•
Mar 31, 2025
AECOM Q2 2025 Earnings Report
AECOM reported strong results with increased profitability, record backlog, and raised guidance.
Key Takeaways
AECOM delivered a solid second quarter in fiscal 2025, with increased net income and adjusted EPS, improved margins, and a record-high backlog, prompting an upward revision to its financial outlook.
Adjusted EPS rose to $1.25, reflecting 20% growth.
Total backlog reached $24.27 billion, setting a new record.
Operating income increased by 28% to $257.6 million.
Free cash flow surged 141% to $178.4 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
AECOM raised its FY2025 guidance, reflecting higher expectations for EBITDA and EPS, while maintaining strong margin expansion targets.
Positive Outlook
- Raised adjusted EPS guidance to $5.10–$5.20.
- Raised adjusted EBITDA guidance to $1.18–$1.21 billion.
- Expecting 5–8% organic NSR growth.
- Forecasting record profitability and margin levels.
- Free cash flow conversion expected to exceed 100%.
Challenges Ahead
- 100 basis point headwind from fewer workdays in Q2.
- Continued political and economic uncertainty globally.
- Exposure to foreign currency fluctuations.
- Pressure from reduced pass-through revenue impacting total revenue.
- Segment growth outside the U.S. moderated by mixed performance in Australia.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...