AECOM — May 11, 2026 release

- An average fully diluted share count of 130 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%. · In addition, the Company reaffirmed its long-term financial targets, which includes its expectation to deliver a 20%+ margin exit rate by fiscal 2028 and to grow adjusted 2 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.   Business Segments   Americas   Revenue in the second quarter was $2.9 billion, a 1% increase from the prior year. Net service revenue 1 in the second quarter was $1.2 billion, a 5% increase from the prior year, driven by 8% growth in the Americas design business.   Operating income increased by 5% over the prior year to $228 million and on an adjusted 2 basis increased by 10% to $239 million. The adjusted operating margin on net service revenue increased by 60 basis points over the prior year to 20.0%, which marked a new all-time high for a second quarter. This performance reflects a continued focus on driving operating efficiencies across the business and the high returns on the investments the Company has made and continues to make in organic growth.   Backlog in the Americas segment grew by 2% to a new record high, driven by a 1.0 book-to-burn ratio 7 . The Americas design bu