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ACMAecom
$69.61$8.9B
Overview & Verdict
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ACM logoAecom(ACM)Earnings, Financials & Key Ratios

ACM•NYSE
$69.61
16.5× P/E·Price updated Jul 6, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryEngineering and environmental consulting
AboutAECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to commercial and government clients. It also invests in and develops real estate projects. In addition, the company provides construction services, including building construction and energy, and infrastructure and industrial construction. It serves transportation, water, government, facilities, environmental, and energy sectors. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was incorporated in 1980 and is headquartered Dallas, Texas.Show more
  • Revenue$16.14B+0.2%
  • EBITDA$1.2B+19.5%
  • Net Income$562M+39.7%
  • EPS (Diluted)4.21+42.7%
  • Gross Margin7.54%+12.0%
  • EBITDA Margin7.45%+19.2%
  • Operating Margin6.36%+23.8%
  • Net Margin3.48%+39.4%
  • ROE22.18%+31.0%

ACM Price & Volume

Aecom (ACM) stock price & volume — 10-year historical chart

Loading chart...

Stagnant Revenue Growth Challenges Margin Expansion Potential

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Decelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Project backlog conversion delays

Key Thesis Takeaways

  • Aecom faces a challenging transition as top-line growth has decelerated to a marginal 0.8% in 2026Q2, raising concerns about the scalability of its infrastructure-heavy business model.
  • While the company maintains a stable $12 billion asset base, persistent working capital volatility and negative retained earnings of -$1.5 billion suggest structural limitations to long-term value creation.
  • Investors should monitor the firm's ability to improve cash conversion, as recent periods have shown a significant divergence between net income and operating cash flow.

Verdict Logic

while the forward P/E of 11.87 suggests a modest valuation, the inconsistency in cash conversion and the recent negative free cash flow margin of -0.7% warrant a cautious wait-and-see approach.

ACM Growth Metrics

Aecom (ACM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-1.08%
5 Years4.04%
3 Years7.07%
TTM-0.38%

Profit CAGR

10 Years-
5 Years-
3 Years21.84%
TTM-18.07%

EPS CAGR

10 Years-
5 Years-
3 Years24.53%
TTM-9.37%

Return on Capital

10 Years8.46%
5 Years11.67%
3 Years12.65%
Last Year17.17%

ACM Recent Earnings

Aecom (ACM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 11, 2026
Metric
Actual
Est
EPS
$1.59+2.6%
$1.55
Rev
$1.9B+0.4%
$1.9B
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$1.29-8.5%
$1.41
Rev
$1.9B+5.4%
$1.8B
Q4 2025
Nov 18, 2025
Metric
Actual
Est
EPS
$1.36+1.5%
$1.34
Rev
$4.2B+114.3%
$1.9B
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$1.34+6.3%
$1.26
Rev
$4.2B+116.6%
$1.9B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 11, 2026
$1.59vs $1.55+2.6%
$1.9Bvs $1.9B+0.4%
Q1 2026Feb 9, 2026
$1.29vs $1.41-8.5%
$1.9Bvs $1.8B+5.4%
Q4 2025Nov 18, 2025
$1.36vs $1.34+1.5%
$4.2Bvs $1.9B+114.3%
Q3 2025Aug 4, 2025
$1.34vs $1.26+6.3%
$4.2Bvs $1.9B+116.6%
Based on last 12 quarters of dataView full earnings history →

Latest ACM News

Recent stock market news and headlines for Aecom (ACM)

Business Wire·Jun 29, 2026
AECOM secures eight lots on Scotland Excel's Engineering and Technical Consultancy Framework

DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its appointment to Scotland Excel's Engineering and Technical Consultancy Framework. Through Scotland Excel, a leading procurement organization serving Scotland's local government sector, AECOM will support local Scotland authorities with a comprehensive range of engineering and technical consultancy services, including transportation, water and environmental design, as well as project and comm.

Zacks Investment Research·Jun 23, 2026
AECOM Secures Expanded Role on U.K. Government's CPS2 Framework

ACM expands its CPS2 role to nine lots, boosting access to a $4.7B U.K. public-sector framework. Yet the stock slips after the news release.

GlobeNewsWire·Jun 22, 2026
Diamond Equity Research Initiates Coverage on Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0)

New York, June 22, 2026 (GLOBE NEWSWIRE) -- Diamond Equity Research LLC, an equity research firm with a focus on small capitalization public companies has initiated coverage of Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0). The research summary below is from a report commissioned by Allied Critical Metals Inc. and produced by Diamond Equity Research. The in-depth 40-page initiation report includes detailed information on Allied Critical Metal's business model, services, industry overview, financials, management profile, and risks.

Peers Comparison

Key metrics vs top competitors for Aecom (ACM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ACM logoACMAecomCurrent
$69.61$8.95B16.530.21%3.48%22.18%1.44%
J logoJJacobs Solutions Inc.
$128.98$15.23B54.194.6%2.96%9.06%—
PWR logoPWRQuanta Services, Inc.
$674.04$101.14B99.1219.76%3.72%12.96%—
MTZ logoMTZMasTec, Inc.
$380.63$30B75.0816.22%3%14.16%—
STRL logoSTRLSterling Infrastructure, Inc.
$776.55$23.83B82.7917.69%12.02%32.26%—
KBR logoKBRKBR, Inc.
$37.43$4.75B11.660.57%5.21%26.47%—

Compare ACM vs Peers

Aecom (ACM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs J

Most directly comparable listed peer for ACM.

Scale Benchmark

vs CAT

Larger-name benchmark to compare ACM against a more recognizable public peer.

Peer Set

Compare Top 5

vs J, PWR, MTZ, STRL

ACM SEC Filings & Documents

Aecom (ACM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 11, 2026·SEC

Material company update

Mar 10, 2026·SEC

Material company update

Mar 5, 2026·SEC

10-K Annual Reports

3
FY 2025

Nov 19, 2025·SEC

FY 2024

Nov 19, 2024·SEC

FY 2023

Nov 15, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 12, 2026·SEC

FY 2026

Feb 10, 2026·SEC

FY 2025

Aug 5, 2025·SEC

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ACM Frequently Asked Questions

Aecom (ACM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Aecom's revenue?

Aecom (ACM) reported $15.99B in revenue for fiscal year 2025. This represents a 815% increase from $1.75B in 2002.

How fast is Aecom growing?

Aecom (ACM) grew revenue by 0.2% over the past year. Growth has been modest.

Is ACM profitable?

Yes, Aecom (ACM) is profitable, generating $505.7M in net income for fiscal year 2025 (3.5% net margin).

Dividend & Returns
Does ACM pay dividends?

Yes, Aecom (ACM) pays a dividend with a yield of 1.44%. This makes it attractive for income-focused investors.

What is ACM's return on equity?

Aecom (ACM) has a return on equity (ROE) of 22.2%. This is excellent, indicating efficient use of shareholder capital.

What is Aecom's free cash flow?

Aecom (ACM) generated $410.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ACM back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →