- Extended track record of delivering on all financial targets
- Fourth quarter organic NSR growth in the design business reached the highest level in more than a decade
- Design backlog increased by 8% on a constant-currency basis driven by record full year wins; the pipeline of opportunities remains at an all-time high
- Expect organic NSR growth to further accelerate in fiscal 2023 with continued margin expansion and strong earnings growth
- Reiterated long-term fiscal 2024 financial targets driven by accelerating growth and operational outperformance; increased fiscal 2024 return on invested capital (ROIC) target
DALLAS — (BUSINESS WIRE) — November 14, 2022 — AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today reported fourth quarter and full year fiscal 2022 results.
|
Fourth Quarter Fiscal 2022 |
|
Full Year Fiscal 2022 |
||||||
(from Continuing Operations; $ in millions, except EPS) |
As Reported |
Adjusted1 (Non-GAAP) |
As Reported YoY %Change |
Adjusted YoY % Change |
|
As Reported |
Adjusted1 (Non-GAAP) |
As Reported YoY %Change |
Adjusted YoY %Change |
Revenue |
$3,426 |
-- |
2% |
-- |
|
$13,148 |
-- |
(1%) |
-- |
Net Service Revenue (NSR)2 |
-- |
$1,589 |
-- |
7% |
|
-- |
$6,311 |
-- |
5% |
Operating Income |
$184 |
$207 |
8% |
9% |
|
$647 |
$773 |
3% |
10% |
Segment Operating Margin3 (NSR) |
-- |
14.6% |
-- |
(30) bps |
|
-- |
14.2% |
-- |
+40 bps |
Net Income |
$115 |
$126 |
21% |
6% |
|
$389 |
$495 |
32% |
17% |
| EPS (Fully Diluted) |
$0.82 |
$0.89 |
26% |
10% |
|
$2.73 |
$3.47 |
39% |
23% |
| EBITDA 4 |
-- |
$241 |
-- |
7% |
|
-- |
$900 |
-- |
9% |
| Operating Cash Flow |
$316 |
-- |
(1%) |
-- |
|
$714 |
-- |
1% |
-- |
| Free Cash Flow 5 |
-- |
$257 |
-- |
(14%) |
|
-- |
$586 |
-- |
0% |
