- Delivered a fifth consecutive quarter of NSR growth, which contributed to continued strong earnings growth
- Total backlog reached $40.8 billion, including a 1.6 book-to-burn ratio, reflecting a continued high win rate and strengthening market conditions
- Achieved a new fiscal second quarter high for profitability and adjusted operating margins
- Generated strong first half cash flow; returned nearly $300 million to investors in the first half of the year through share repurchases and dividends
- Reiterated all financial guidance metrics for fiscal 2022 and all long-term fiscal 2024 financial targets
DALLAS — (BUSINESS WIRE) — May 9, 2022 — AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today reported second quarter fiscal 2022 results.
|
Second Quarter Fiscal 2022 |
|
First Half Fiscal 2022 |
||||||
(from Continuing Operations; $ in millions, except EPS) |
As
|
Adjusted1
|
As
|
Adjusted
|
|
As
|
Adjusted1
|
As
|
Adjusted
|
Revenue |
$3,214 |
-- |
(2%) |
-- |
|
$6,480 |
-- |
(1%) |
-- |
Net Service Revenue (NSR)2 |
-- |
$1,614 |
-- |
4% |
|
-- |
$3,157 |
-- |
4% |
Operating Income |
$111 |
$190 |
(29%) |
10% |
|
$280 |
$366 |
(6%) |
10% |
Segment Operating Margin4 (NSR) |
-- |
13.8% |
-- |
+70 bps |
|
-- |
13.8% |
-- |
+60 bps |
Net Income |
$49 |
$119 |
(44%) |
18% |
|
$167 |
$247 |
(3%) |
27% |
EPS (Fully Diluted) |
$0.34 |
$0.83 |
(42%) |
24% |
|
$1.16 |
$1.72 |
3% |
33% |
| EBITDA 5 |
-- |
$223 |
-- |
10% |
|
-- |
$431 |
-- |
10% |
| Operating Cash Flow |
($2) |
-- |
NM |
-- |
|
$193 |
-- |
192% |
-- |
| Free Cash Flow 6 |
-- |
($17) |
-- |
NM |
|
-- |
$145 |
-- |
NM |
