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AECOM — Nov 18, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-113439
Open on SEC.gov ↗
Showing in the filing
Long-term margin exit rate
“20%+”
Period
The long term
Measure
Company-defined measure
Source
Prose
All guidance in this release · 27
Long-term margin exit rate for the long term
“20%+”
Quarterly dividend for FY2026
“$0.31 per share”
Per share dividend value increase for FY2026
“double-digit percentage annually”
Next dividend payment for FY2026
“January 23, 2026”
Adjusted EPS (enterprise-wide) for FY2026
“between $5.65 and $5.85”
Adjusted EBITDA (enterprise-wide) for FY2026
“between $1,265 million and $1,305 million”
Free cash flow (enterprise-wide) for FY2026
“approximately $400 million”
Organic NSR growth (continuing design and co… for FY2026
“6% to 8%”
NSR (continuing design and consulting busine… for FY2026
“between $7.2 and $7.4 billion”
Adjusted EBITDA (continuing design and consu… for FY2026
“between $1,180 million and $1,220 million”
Segment adjusted operating margin (continuin… for FY2026
“16.6%”
Adjusted EBITDA margin (continuing design an… for FY2026
“16.8%”
Adjusted EPS (continuing design and consulti… for FY2026
“between $5.15 and $5.35”
Average fully diluted share count for FY2026
“133 million”
Depreciation for FY2026
“approximately $160 million”
Adjusted effective tax rate for FY2026
“approximately 22 - 23%”
Adjusted net interest expense for FY2026
“approximately $140 million”
Adjusted EPS CAGR for the long term
“15%+”
Organic NSR CAGR for FY2026
“5 – 8%”
Free cash flow conversion (cumulative, of ad… for FY2026
“at least 100%”
GAAP EPS for FY2026
“$4.01 to $4.84”
GAAP net income from continuing operations for FY2026
“$599 to $710”
Net income attributable to AECOM from contin… for FY2026
“$534 to $645”
Adjusted net income attributable to AECOM fr… for FY2026
“$753 to $780”
Adjusted income tax expense for FY2026
“$212 to $225”
GAAP interest expense for FY2026
“$175”
GAAP income tax expense for FY2026
“$151 to $186”
Exhibit 99.1 · the passage around this item
… earlier in the release
“We exceeded the midpoints of our previously-increased financial guidance in fiscal 2025, including delivering a record full year margin and highlighted by a 17.1% margin in the second half of the fiscal year. Looking ahead, we made several announcements today that underscore our commitment to extending our competitive advantage and expanding our long-term earnings power. This includes our expectation to achieve a 20%+ margin run-rate by the end of fiscal 2028 as we advance our proprietary AECOM AI capabilities and growth accelerates in our higher-margin Advisory business. Importantly, the organization has never been stronger or better positioned to capitalize on these opportunities.”   “As demand for critical infrastructure across our markets continues to grow, project size and complexity are also increasing, which creates new opportunities for our rapidly-growing Advisory practice,” said Lara Poloni, AECOM’s president. “The secular megatrends of global investments in infrastructure, in sustainability and resilience, and in meeting growing energy demand have accelerated. Amid this backdrop, our advantages of deep technical expertise, trusted client relationships, and a capacity and willingness to invest to advance our proprietary AECOM AI and Advisory capabilities separate us from the competition – both in our core industry and beyond.”   1     “Our fiscal 2025 results and raised long-term margin and adjusted EPS CAGR targets demonstrate our growing competitive advantage,” said Gaurav Kapoor, AECOM’s chief financial and operations officer. “We are focused on further l
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.