- Delivered strong performance on all key financial metrics
- Net service revenue growth accelerated
- Margins set a first quarter record
- Adjusted EPS increased by 25%
- Achieved the 17th consecutive quarter with a greater than 1.0x book-to-burn ratio, driven by a 1.2x book-to-burn in the design business; backlog and pipeline are at all-time highs
- Increased fiscal 2025 guidance
DALLAS — (BUSINESS WIRE) — February 3, 2025 — AECOM (NYSE: ACM), the trusted global infrastructure leader, today reported first quarter fiscal 2025 results.
(from Continuing Operations; $ in millions, except EPS) |
As Reported |
YoY % Change |
Adjusted1 (Non-GAAP) |
YoY % Change |
Revenue |
$4,014 |
3% |
-- |
-- |
Net Service Revenue (NSR)2 |
-- |
-- |
$1,801 |
5.5% |
Operating Income |
$237 |
46% |
$240 |
7% |
Segment Operating Margin3 |
-- |
-- |
15.4% |
+40 bps |
Net Income |
$177 |
83% |
$175 |
22% |
EPS (Fully Diluted) |
$1.33 |
87% |
$1.31 |
25% |
EBITDA4 |
-- |
-- |
$271 |
8% |
EBITDA Margin5 |
-- |
-- |
15.6% |
+20 bps |
Operating Cash Flow |
$151 |
6% |
-- |
-- |
Free Cash Flow6 |
-- |
-- |
$111 |
28% |
Total Backlog7 |
$23,877 |
4% |
-- |
-- |
“Trends across our markets remain robust, and our backlog and pipeline are at record levels, characterized by a highly diverse mix of clients and sectors,” said Troy Rudd, AECOM’s chief executive officer. “As a result, we delivered strong performance in the first quarter and raised our guidance for the full year. Importantly, we are investing to extend our advantages. This includes key hires and growth investments to support the Water & Environment Advisory business as we continue to expand our addressable market of higher-value infrastructure professional services.”