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AECOM — Aug 4, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-073644
Open on SEC.gov ↗
Showing in the filing
GAAP interest expense
“$177”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 17
Organic NSR growth for FY2025
“5% to 8%”
Segment adjusted operating margin for FY2025
“16.5%”
Adjusted EBITDA margin for FY2025
“16.7%”
Free cash flow conversion for FY2025
“100%+”
Average fully diluted share count for FY2025
“133 million”
Adjusted effective tax rate for FY2025
“approximately 24%”
Adjusted tax rate for FY2025
“approximately 24%”
GAAP EPS for FY2025
“$5.08 to $5.18”
Adjusted EPS for FY2025
“$5.20 to $5.30”
GAAP net income from continuing operations for FY2025
“$750 to $753”
Net income attributable to AECOM from contin… for FY2025
“$675 to $688”
Adjusted net income attributable to AECOM fr… for FY2025
“$692 to $705”
Adjusted net interest expense for FY2025
“$115”
Adjusted income tax expense for FY2025
“$218 to $225”
Adjusted EBITDA for FY2025
“$1,190 to $1,210”
GAAP interest expense for FY2025
“$177”
GAAP income tax expense for FY2025
“$213 to $220”
Exhibit 99.1 · the passage around this item
… earlier in the release
  Reconciliation of Net Income Attributable to AECOM from Continuing Operations to Adjusted EBITDA                                 Net income attributable to AECOM from continuing operations   $ 174.8     $ 154.1     $ 129.4     $ 506.2     $ 337.5   Income tax expense     65.2       51.2       46.1       145.7       118.1   Depreciation and amortization     44.4       41.6       46.4       128.3       133.7   Interest income, net of NCI     (13.1 )     (13.4 )     (14.3 )     (41.7 )     (39.1 ) Interest expense     40.2       42.2       51.4       125.4       140.4   Amortized bank fees included in interest expense     (1.2 )     (1.3 )     (4.0 )     (3.9 )     (6.4 ) Noncore AECOM Capital loss (income), net of NCI     1.3       4.7       (0.2 )     7.0       38.3   Fair value adjustment included in other income     1.2       10.6       1.7       6.9       1.7   Restructuring costs     —       —       29.0       —       80.7   Adjusted EBITDA   $ 312.8     $ 289.7     $ 285.5     $ 873.9     $ 804.9     11     AECOM Regulation G Information (in millions, except per share data)       Three Months Ended     Nine Months Ended       Jun 30, 2025     Mar 31, 2025     Jun 30, 2024     Jun 30, 2025     Jun 30, 2024   Reconciliation of Segment Income from Operations to Adjusted Segment Income from Operations                                             Americas Segment:                                         Segment Income from operations   $ 240.9     $ 217.4     $ 207.4     $ 654.1     $ 571.2   Amortization of intangible assets     0.4       0.3       4.4       1.8       13.0   Adjusted segment income from operations   $ 241.3     $ 217.7     $ 211.8     $ 655.9     $ 584.2                                             International Segment:                                         Segment Income from operations   $ 90.2     $ 82.2     $ 84.6     $ 253.2     $ 242.9   Amortization of intangible assets     —       —       0.3       —       1.0   Adjusted segment income from operations   $ 90.2     $ 82.2     $ 84.9     $ 253.2     $ 243.9                                             Segment Performance (excludes ACAP & G&A):                                         Segment Income from operations   $ 331.1     $ 299.6     $ 292.0     $ 907.3     $ 814.1   Amortization of intangible assets     0.4       0.3       4.7       1.8       14.0   Adjusted segment income from operations   $ 331.5     $ 299.9     $ 296.7     $ 909.1     $ 828.1     12     AECOM Regulation G Information   FY2025 GAAP EPS Guidance based on Adjusted EPS Guidance (all figures approximate)   Fiscal Year End 2025   GAAP EPS guidance     $5.08 to $5.18   Adjusted EPS excludes:         Amortization of intangible assets     $0.02   Amortization of deferred financing fees     $0.05   Noncore AECOM Capital     $0.05   Fair value adjustment     $0.05   Tax effect of the above items     ($0.05)   Adjusted EPS guidance     $5.20 to $5.30     FY2025 GAAP Net Income from Continuing Operations Guidance based on Adjusted EBITDA Guidance (in millions, all figures approximate)   Fiscal Year End 2025   GAAP net income from continuing operations guidance   $750 to $753   Net income attributable to noncontrolling interest from continuing operations   ($75) to ($65)   Net income attributable to AECOM from continuing operations   $675 to $688   Adjusted net income attributable to AECOM from continuing operations excludes:         Amortization of intangible assets     $2   Amortization of deferred financing fees     $7   Noncore AECOM Capital     $7   Fair value adjustment     $6   Tax effect of the above items     ($5)   Adjusted net income attributable to AECOM from continuing operations     $692 to $705   Adjusted EBITDA excludes:         Depreciation     $165   Adjusted interest expense, net     $115   Tax expense, including tax effect of above items     $218 to $225   Adjusted EBITDA guidance     $1,190 to $1,210     FY2025 GAAP Interest Expense Guidance based on Adjusted Interest Expense Guidance (in millions, all figures approximate)     Fiscal Year End 2025   GAAP interest expense guidance     $177   Finance charges in interest expense     ($7)   Interest income, net of NCI     ($55)   Adjusted net interest expense guidance     $115     FY2025 GAAP Income Tax Guidance based on Adjusted Income Tax Guidance (in millions, all figures approximate)     Fiscal Year End 2025   GAAP income tax expense guidance     $213 to $220   Tax effect of adjusting items     $5   Adjusted income tax expense guidance     $218 to $225     Note: Variances in tables are due to rounding.   13
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.