ACM

AECOM's Q3 weakness was driven primarily by a $337 million charge on a legacy Construction Management project awarded in 2019, rather than deterioration in the core Design business. Excluding the charge, FY26 guidance calls for $5.90-$6.10 of adjusted EPS, $1.275-$1.305 billion of adjusted EBITDA and a 17.4% adjusted EBITDA margin. The underlying business remains healthy, supported by record backlog, continued Design NSR growth and management's target for 15%+ adjusted EPS CAGR through FY29.

ACM's record $27.8B backlog and strong project wins support its 5%-8% organic growth target, though execution delays remain a near-term hurdle.

AECOM is rated Buy, with attractive risk-reward as legacy construction management project headwinds are set to ease after 1H FY27. Core Design business demonstrates robust growth, supported by record $27.8 billion backlog, strong market demand, and expanded wallet share from existing clients. Margin expansion is driven by operational efficiencies, AI-enabled productivity, and a streamlined business model, with a 20%+ margin target by FY28.

TPC's $19.9B backlog and improving margins contrast with ACM's project challenges, cash-flow pressure and lower guidance.

ACM's 30.1% six-month slide reflects project setbacks and cash-flow pressure, while record backlog and infrastructure demand support longer-term prospects.

Early design insights from One Click LCA helped AECOM show lower-carbon options before detailed plans were ready. MONTREAL, Sept.

DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per share as part of its ongoing quarterly dividend program. The dividend is payable on October 30, 2026 to stockholders of record as of the close of business on October 14, 2026. About AECOM AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services.

DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the trusted global infrastructure leader, today announced the appointment of Manav Kumar as Chief Legal Officer. He succeeds David Gan, who will transition to serving as Senior Advisor and plans to retire in 2027. As Chief Legal Officer, Mr. Kumar will lead legal and public affairs globally and continue serving as Corporate Secretary. “Throughout his more than 20 years at AECOM, David has made important contributions to our company, helping strengthen.

DALLAS--(BUSINESS WIRE)-- #OurJacobs--Jacobs and AECOM joint venture has been appointed by Transport Infrastructure Ireland as Program Delivery Partner for MetroLink.

Aecom (ACM) reported earnings 30 days ago. What's next for the stock?