AECOM — Feb 9, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-012069
Showing in the filing
Segment adjusted operating margin
“16.8%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 18
Share repurchase authorization
“$1 billion”
Organic NSR growth for FY2026
“6% to 8%”
Segment adjusted operating margin for FY2026
“16.8%”
Adjusted EBITDA margin for FY2026
“17.0%”
Free cash flow for FY2026
“approximately $400 million”
Average fully diluted share count for FY2026
“131 million”
Adjusted effective tax rate for FY2026
“approximately 20 – 22%”
Margin exit rate for FY2028
“20%+”
Adjusted EPS CAGR for the long term
“15%+”
Cash receipt from legacy matter settlement for FY2026
“approximately $50 million”
GAAP EPS for FY2026
“$4.18 to $4.89”
Adjusted EPS for FY2026
“$5.85 to $6.05”
GAAP net income from continuing operations for FY2026
“$613 to $705”
Adjusted interest expense, net for FY2026
“$140”
Adjusted income tax expense for FY2026
“$198 to $207”
Adjusted EBITDA for FY2026
“$1,270 to $1,305”
GAAP interest expense for FY2026
“$180”
GAAP income tax expense for FY2026
“$141 to $167”
Exhibit 99.1 · the passage around this item
… earlier in the release
‒ Adjusted 1 EBITDA 5 of between $1,270 million and $1,305 million, as compared to $1,265 million and $1,305 million
previously.
‒ Organic NSR 2 growth of 6% to 8%, which excludes the expected approximately 200 basis point impact of fewer working days
in fiscal 2026.
‒ A segment adjusted operating margin 4 of 16.8% and an adjusted EBITDA 6 margin of 17.0%, which are materially
consistent with prior expectations.
‒ Free cash flow 7 of approximately $400 million.
‒ An average fully diluted share count of 131 million, which does not include
any potential future benefits from capital allocation actions not yet taken, including potential repurchases.
‒ An adjusted effective tax rate of approximately 20 – 22%, as compared
to 22 – 23% previously.
· In addition, the Company reiterated its long-term financial targets, which
includes its expectation to deliver a 20%+ margin exit rate by fiscal 2028 and to grow adjusted 1 EPS at a 15%+ CAGR from fiscal
2026 to fiscal 2029.
· 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.
2
Business Segments
Americas
Revenue in the first quarter was $3.0 billion, a 4% decrease from the
prior year due to a reduction in pass-through revenue. Net service revenue 2 in the first quarter was $1.1 billion, a 9% increase
from the prior year when adjusted for the impact of fewer working d
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.