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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
Open on SEC.gov ↗
Showing in the filing
GAAP interest expense
“$190”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
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
  Reconciliation of Net Income Attributable to AECOM from Continuing Operations to Adjusted EBITDA                                         Net (loss) income attributable to AECOM from continuing operations   $ (83.9 )   $ 184.2     $ 174.8     $ 240.7     $ 506.2   Income tax (benefit) expense     (26.6 )     26.9       65.2       39.3       145.7   Depreciation and amortization     55.9       59.5       44.4       167.4       128.3   Interest income, net of NCI     (11.0 )     (12.8 )     (13.1 )     (36.3 )     (41.7 ) Interest expense     47.7       50.5       40.2       143.5       125.4   Amortized bank fees included in interest expense     (1.3 )     (3.5 )     (1.2 )     (6.2 )     (3.9 ) Noncore AECOM Capital loss, net of NCI     1.1       1.5       1.3       3.8       7.0   Fair value adjustment included in other income     (2.2 )     (7.8 )     1.2       (15.1 )     6.9   Restructuring and acquisition costs     12.1       13.6       -       53.6       -   Adjusted EBITDA   $ (8.2 )   $ 312.1     $ 312.8     $ 590.7     $ 873.9     10     AECOM Regulation G Information (in millions, except per share data)       Three Months Ended     Nine Months Ended       Jun 30, 2026     Mar 31, 2026     Jun 30, 2025     Jun 30, 2026     Jun 30, 2025   Reconciliation of Segment Income from Operations to Adjusted Segment Income from Operations                                         Americas Segment:                                         Segment (loss) income from operations   $ (138.7 )   $ 227.9     $ 240.9     $ 303.3     $ 654.1   Amortization of intangible assets     8.5       10.6       0.4       27.2       1.8   Adjusted segment (loss) income from operations   $ (130.2 )   $ 238.5     $ 241.3     $ 330.5     $ 655.9                                             International Segment:                                         Segment Income from operations   $ 108.7     $ 77.0     $ 90.2     $ 261.7     $ 253.2   Amortization of intangible assets     5.4       6.6       -       16.8       -   Adjusted segment income from operations   $ 114.1     $ 83.6     $ 90.2     $ 278.5     $ 253.2                                             Segment Performance (excludes ACAP & G&A):                                         Segment (loss) income from operations   $ (30.0 )   $ 304.9     $ 331.1     $ 565.0     $ 907.3   Amortization of intangible assets     13.9       17.2       0.4       44.0       1.8   Adjusted segment (loss) income from operations   $ (16.1 )   $ 322.1     $ 331.5     $ 609.0     $ 909.1     11      AECOM Regulation G Information      FY2026 GAAP EPS Guidance based on Adjusted EPS Guidance (all figures approximate)       Fiscal Year End 2026 GAAP EPS guidance   $2.37 to $2.87 Adjusted EPS excludes:     Amortization of intangible assets   $0.45 Amortization of deferred financing fees   $0.06 Noncore AECOM Capital   $0.03 Fair value adjustments   ($0.13) Restructuring and acquisition costs   $1.54 to $1.16 Tax effect of the above items   ($0.37) to ($0.29) Adjusted EPS guidance    $3.95 to $4.15   FY2026 GAAP Net Income from Continuing Operations Guidance based on Adjusted EBITDA Guidance (in millions, all figures approximate)       Fiscal Year End 2026 GAAP net income from continuing operations guidance   $354 to $419 Net income attributable to noncontrolling interest from continuing operations   ($45) Net income attributable to AECOM from continuing operations   $309 to $374 Adjusted net income attributable to AECOM from continuing operations excludes:     Amortization of intangible assets   $58 Amortization of deferred financing fees   $8 Noncore AECOM Capital   $4 Fair value adjustments   ($17) Restructuring and acquisition costs   $200 to $150 Tax effect of the above items   ($48) to ($38) Adjusted net income attributable to AECOM from continuing operations   $514 to $539 Adjusted EBITDA excludes:     Depreciation   $160 Adjusted interest expense, net   $140 Tax expense, including tax effect of above items   $121 to $126 Adjusted EBITDA guidance    $935 to $965   FY2026 GAAP Interest Expense Guidance based on Adjusted Interest Expense Guidance (in millions, all figures approximate)       Fiscal Year End 2026 GAAP interest expense guidance   $190 Finance charges in interest expense   ($8) Interest income, net of NCI   ($42) Adjusted interest expense guidance, net   $140   FY2026 GAAP Income Tax Guidance based on Adjusted Income Tax Guidance (in millions, all figures approximate)       Fiscal Year End 2026 GAAP income tax expense guidance   $73 to $88 Tax effect of adjusting items   $48 to $38 Adjusted income tax expense guidance   $121 to $126   Note: Variances in tables are due to rounding.   12
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.