- Organic NSR growth accelerated consistent with the Company’s expectations
- Margins reached a new high for a fiscal third quarter
- Total design backlog at constant-currency increased 10% to a new high
- Strong cash flow enabled capital returns through dividends and repurchases
- Increased the mid-point of adjusted EPS guidance for fiscal 2022, reflecting strong operational performance
- Reiterated long-term fiscal 2024 financial targets
DALLAS — (BUSINESS WIRE) — August 8, 2022 — AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today reported third quarter fiscal 2022 results.
|
Third Quarter Fiscal 2022 |
|
Year-to-Date Fiscal 2022 |
||||||
(from Continuing Operations; $ in millions, except EPS) |
As
|
Adjusted1 (Non-GAAP) |
As
|
Adjusted
|
|
As
|
Adjusted1 (Non-GAAP) |
As
|
Adjusted
|
Revenue |
$3,242 |
-- |
(5%) |
-- |
|
$9,722 |
-- |
(3%) |
-- |
Net Service Revenue (NSR)2 |
-- |
$1,565 |
-- |
6% |
|
-- |
$4,722 |
-- |
5% |
Operating Income |
$183 |
$200 |
14% |
12% |
|
$463 |
$566 |
1% |
11% |
Segment Operating Margin3 (NSR) |
-- |
14.6% |
-- |
+50 bps |
|
-- |
14.0% |
-- |
+60 bps |
Net Income |
$107 |
$122 |
282% |
13% |
|
$274 |
$369 |
37% |
22% |
EPS (Fully Diluted) |
$0.75 |
$0.86 |
295% |
18% |
|
$1.91 |
$2.58 |
45% |
28% |
| EBITDA 4 |
-- |
$228 |
-- |
7% |
|
-- |
$659 |
-- |
9% |
| Operating Cash Flow |
$205 |
-- |
(36%) |
-- |
|
$398 |
-- |
3% |
-- |
| Free Cash Flow 5 |
-- |
$183 |
-- |
(38%) |
|
-- |
$328 |
-- |
15% |
