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Jun 30, 2024

AECOM Q3 2024 Earnings Report

AECOM's Q3 2024 performance was highlighted by record revenue and margins, strong cash flow growth, and increased earnings guidance.

Key Takeaways

AECOM reported strong Q3 fiscal 2024 results, marked by record revenue and margins, driven by strong cash flow growth. The company increased its earnings guidance for the second time this year. AECOM's leadership position in its market sectors and focus on high-value advisory services contributed to the positive results.

Achieved record revenue and margins in Q3 2024.

Experienced strong cash flow growth.

Increased earnings guidance for the second time this year.

Capitalizing on opportunities to expand addressable market and lead with high-value advisory and consulting services.

Total Revenue
$4.15B
Previous year: $3.66B
+13.3%
EPS
$1.16
Previous year: $0.94
+23.4%
Gross Profit
$285M
Previous year: $250M
+14.0%
Cash and Equivalents
$1.6B
Previous year: $1.3B
+23.1%
Free Cash Flow
$273M
Previous year: $241M
+13.2%
Total Assets
$12B
Previous year: $11.4B
+5.4%

AECOM

AECOM

AECOM Revenue by Segment

Forward Guidance

*Based on midpoint of FY2024 guidance

Revenue & Expenses

Visualization of income flow from segment revenue to net income