AECOM — Feb 9, 2026 release

‒ 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 days in the period, or 6% on an as reported basis at constant currency. Growth was strong in both the U.S. and Canada.   Operating income increased 9% over the prior year to $214 million and on an adjusted 1 basis