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AECOM — Aug 10, 2026 release

Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-093421
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Showing in the filing
Margin exit rate (long-term target)
“20%+”
Period
The long term
Measure
Company-defined measure
Source
Prose
All guidance in this release · 20
Free cash flow for FY2026
“approximately $300 million”
Free cash flow conversion (long-term target) for the long term
“100%+”
Total NSR for FY2026
“between $7.30 and $7.35 billion”
Average fully diluted share count for FY2026
“130 million”
Adjusted effective tax rate for FY2026
“approximately 19%”
Total NSR (excluding Construction Management… for FY2026
“between $7.65 and $7.70 billion”
Segment adjusted operating margin (excluding… for FY2026
“17.0%”
Adjusted EBITDA margin (excluding Constructi… for FY2026
“17.4%”
Adjusted EPS (excluding Construction Managem… for FY2026
“between $5.90 and $6.10”
Adjusted EBITDA (excluding Construction Mana… for FY2026
“between $1,275 million and $1,305 million”
Margin exit rate (long-term target) for the long term
“20%+”
Adjusted EPS CAGR (excluding Construction Ma… for the long term
“15%+”
GAAP EPS for FY2026
“$2.37 to $2.87”
Adjusted EPS for FY2026
“$3.95 to $4.15”
GAAP net income from continuing operations for FY2026
“$354 to $419”
Adjusted interest expense, net for FY2026
“$140”
Adjusted income tax expense for FY2026
“$121 to $126”
Adjusted EBITDA for FY2026
“$935 to $965”
GAAP interest expense for FY2026
“$190”
GAAP income tax expense for FY2026
“$73 to $88”
Exhibit 99.1 · the passage around this item
… earlier in the release
  - Adjusted 2 EPS of between $5.90 and $6.10 and adjusted 2 EBITDA 5 of between $1,275 million and $1,305 million, which is consistent with the Company’s prior guidance.   2     · 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, excluding the Construction Management charge.   · 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 third quarter was $2.6 billion, a 20% decrease from the prior year. Net service revenue 1 in the third quarter was $808 million, a 29% decrease from the prior year, which included 6% growth in the Americas design business after adjusting for one fewer working day in the period compared to the prior year.   Operating loss was $139 million and on an adjusted 2 basis was a loss of $130 million. Excluding the Construction Management charge, the adjusted operating margin on net service revenue decreased by 250 basis points over the prior year to 18.0%. This decline is primarily driven by record amounts of business development activity and the timing of Construction Management project starts, which was partially offset by benefits from a continued focus on driving operating efficiencies across the
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.