Infra consulting firm AECOM's Q4 profit beats estimates on record margins

Aecom

18/11/2025 12:09

Overview

AECOM Q4 revenue misses analyst expectations, adjusted EPS beats estimates

Company reports record full-year margins and strong backlog growth

Outlook

AECOM sees fiscal 2026 adjusted EPS between $5.65 and $5.85

Company expects fiscal 2026 adjusted EBITDA between $1,265 mln and $1,305 mln

AECOM anticipates 6% to 8% organic NSR growth in fiscal 2026

Result Drivers

NSR GROWTH - Q4 NSR grew 8%, driven by 9% growth in Americas design business

RECORD MARGINS - Achieved record full-year margins, exceeding prior long-term guidance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$4.18 bln
$4.31 bln (5 Analysts)
Q4 Adjusted EPS
Beat
$1.36
$1.34 (11 Analysts)
Q4 EPS
$0.99
Q4 Adjusted Net Income
Beat
$182 mln
$177.68 mln (8 Analysts)
Q4 Net Income
$132 mln
Q4 Adjusted EBITDA
Beat
$329 mln
$325.28 mln (10 Analysts)
Q4 Adjusted Operating Income
Slight Beat*
$299 mln
$296.51 mln (7 Analysts)
Q4 Net Income from Cont Ops
$149.30 mln
Q4 Operating Income
$237 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for AECOM is $145.50, about 9.3% above its November 17 closing price of $131.92

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw538hcJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)