HighGravityData
Companies / AECOM / Filing

AECOM — Feb 3, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-008636
Open on SEC.gov ↗
Showing in the filing
Organic NSR growth
“5% to 8%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Net service revenue in Water & Environment A…
“doubling the $200 million”
Margin exit rate for FY2026
“17%”
Organic NSR growth for FY2025
“5% to 8%”
Adjusted EBITDA for FY2025
“$1,175 to $1,210”
Adjusted EPS for FY2025
“$5.05 to $5.20”
Segment adjusted operating margin for FY2025
“16.1%”
Adjusted EBITDA margin for FY2025
“16.3%”
Free cash flow conversion for FY2025
“100%+”
Average fully diluted share count for FY2025
“134 million”
Adjusted effective tax rate for FY2025
“approximately 24%”
Adjusted tax rate for FY2025
“approximately 24%”
GAAP EPS for FY2025
“$5.03 to $5.19”
GAAP net income from continuing operations for FY2025
“$735 to $746”
Net income attributable to AECOM from contin… for FY2025
“$675 to $696”
Adjusted net income attributable to AECOM fr… for FY2025
“$677 to $697”
Adjusted net interest expense for FY2025
“$125 to $129”
Adjusted income tax expense for FY2025
“$213 to $224”
GAAP interest expense for FY2025
“$170 to $174”
GAAP income tax expense for FY2025
“$213 to $223”
Exhibit 99.1 · the passage around this item
… earlier in the release
  Financial Guidance   · AECOM raised its adjusted EBITDA and adjusted EPS guidance for fiscal 2025, which includes expectations to deliver record net service revenue and profitability, margins and continued strong cash flow conversion in fiscal 2025; the Company expects:   - Organic NSR 2 growth of 5% to 8%. - Adjusted 1 EBITDA 4 of between $1,175 million and $1,210 million, up 9% at the mid-point. - Adjusted 1 EPS of between $5.05 and $5.20, up 13% at the mid-point. - 30 basis points of both segment adjusted 1 operating margin 3 and adjusted EBITDA margin 5 expansion to 16.1% and 16.3%, respectively. - 100%+ free cash flow 6 conversion.   · Other assumptions incorporated into fiscal 2025 guidance:   - An average fully diluted share count of 134 million, which reflects only shares repurchased to-date. - An adjusted effective tax rate of approximately 24% for the full year.   · See the Regulation G Information tables at the end of this release for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.   Business Segments   Americas   Revenue in the first quarter was $3.1 billion, a 2% increase from the prior year. Net service revenue 2 was $1.1 billion, an 8% increase from the prior year. This performance was driven by 9% growth in the design business and reflected strong growth in both the U.S. and Canada, resulting from the ongoing multi-decade secular growth drivers of investments
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.