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Sep 30, 2021
AECOM Q4 2021 Earnings Report
AECOM reported fourth quarter and full year fiscal 2021 results, demonstrating accelerating NSR growth, record operating margins, and double-digit earnings growth.
Key Takeaways
AECOM's fiscal 2021 results showcased accelerating NSR growth, record operating margins, and double-digit earnings growth. The company increased its fiscal 2024 adjusted EPS target and expressed confidence in delivering against its 17% margin target over time.
Net service revenue (NSR) increased 6.5% in the Americas and International segments, marking a third consecutive quarter of accelerating growth.
Construction Management contracted backlog increased 21%, driven by the advancement of a large project.
The fourth quarter adjusted operating margin on an NSR basis of 19.8% reflected a 290 basis point increase over the prior year and marks a quarterly record.
AECOM published its first global ESG report, highlighting progress towards its sustainability goals.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
AECOM expects accelerating revenue growth in fiscal 2022 and continued margin, adjusted EBITDA and adjusted EPS growth. The company has increased its fiscal 2024 adjusted EPS target and has increased confidence to deliver against its 17% margin target over time.
Positive Outlook
- Accelerating revenue growth in fiscal 2022
- Continued margin growth
- Continued adjusted EBITDA growth
- Continued adjusted EPS growth
- Increased fiscal 2024 adjusted EPS target
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
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