AECOM — May 5, 2025 release

- Adjusted 1 EPS of between $5.10 and $5.20, up 14% 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 second quarter was $2.9 billion, a 5% decline from the prior year. Net service revenue 2 was $1.1 billion, a 6% increase from the prior year. This performance was led by growth in the design business, and included growth in both the U.S. and Canada.   Operating income increased by 15% to $217 million and on an adjusted 1 basis increased by 13% to $218 million. The adjusted operating margin on net service revenue increased by 130 basis points over the prior year to 19.4%, a new second quarter high, reflecting high-returning organic growth investments, growth in the Company’s highest-margin markets, the benefits from ongoing continuous improvement initiatives, and stro