AECOM Q4 2023 Earnings Report
Key Takeaways
AECOM reported a strong fourth quarter and full year fiscal 2023, with revenue growth in both Americas and International segments. The company's design backlog reached a new record, and its financial performance reflects its focus on high-growth markets and capital allocation strategy.
Revenue in the Americas increased by 12% in the fourth quarter, reaching $2.9 billion.
International revenue grew by 12% in the fourth quarter, amounting to $905 million.
Design business backlog increased by 12% to a record $21.4 billion.
The company returned $2 billion to stockholders since 2020 and increased both repurchase authorization and quarterly dividend.
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AECOM Revenue by Segment
Forward Guidance
AECOM anticipates continued earnings and cash flow growth, supported by robust end market conditions and strategic capital allocation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income