Aecom Technology (ACM) AI Stock Analysis

• Market Cap: $12.99B
• Dividend Yield: 1.06%
• Average Volume (3M): 1.27M
• Price to Earnings (P/E): 23.5
• Beta (1Y): 0.79
• Revenue Growth: 0.21%
• EPS Growth: 53.80%
• Country: US
• Employees: 51,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 1.36
• Shares Outstanding: 131,833,330
• 10 Day Avg. Volume: 753,747
• 30 Day Avg. Volume: 1,272,140
• PEG Ratio: 0.72
• Price to Book (P/B): 6.93
• Price to Sales (P/S): 1.07
• P/FCF Ratio: 21.02
• Enterprise Value/Market Cap: 1.49
• Enterprise Value/Revenue: 1.20
• Enterprise Value/Gross Profit: 15.93
• Enterprise Value/Ebitda: 15.19
• 1Y Price Target: $133.78
• Price Target Upside: 35.27% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: $112.00 ▲(13.25% Upside)

Aecom Technology's overall stock score is driven by strong financial performance and positive earnings call sentiment, indicating robust growth potential. However, bearish technical indicators and moderate valuation suggest caution in the short term. The company's strategic initiatives and dividend increase further support a positive long-term outlook.

Positive Factors

Revenue Growth

Robust revenue growth indicates successful project execution and strong demand, enhancing long-term market position and business sustainability.

Cash Flow Management

Excellent cash flow management ensures the company can fund operations and growth internally, reducing reliance on external financing.

Backlog and Pipeline Growth

A growing backlog and pipeline indicate sustained demand and future revenue visibility, supporting long-term growth prospects.

Negative Factors

Profitability Margins

Although margins have improved, they remain low compared to industry leaders, suggesting room for improvement in cost management and efficiency.

Leverage and Debt Levels

Moderate leverage poses potential risks, especially if interest rates rise, necessitating careful debt management to maintain financial stability.

Challenges in Australia

Budgetary constraints in Australia could impact near-term revenue trends, highlighting regional challenges that may affect overall performance.

Aecom Technology Business Overview & Revenue Model

Company Description

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to commercial and government clients. It also invests in and develops real estate projects. In addition, the company provides construction services, including building construction and energy, and infrastructure and industrial construction. It serves transportation, water, government, facilities, environmental, and energy sectors. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was incorporated in 1980 and is headquartered Dallas, Texas.

How the Company Makes Money

AECOM generates revenue primarily through its professional services, which include consulting, design, and management services across various sectors. The company operates through two main segments: Design and Consulting Services, and Construction Management. The Design and Consulting Services segment accounts for a significant portion of revenue, as AECOM provides expertise in planning, engineering, and environmental services to public and private sector clients. The Construction Management segment focuses on overseeing large-scale construction projects, ensuring that they are completed on time and within budget. Key revenue streams include fees for services rendered, contract-based work, and project management services. AECOM also benefits from long-term contracts with government entities and international organizations, which provide a stable source of income. Additionally, partnerships with other firms and collaborations on large infrastructure projects enhance its market position and revenue potential.

Aecom Technology Financial Statement Overview

Summary

Aecom Technology shows strong revenue growth and excellent cash flow management, positioning it well for future expansion. However, challenges with profitability margins and return on equity could impact long-term financial health. The balance sheet reflects a stable yet leveraged position, necessitating careful debt management.

Income Statement

Aecom Technology has demonstrated strong revenue growth with a 40.4% increase in the latest year, indicating robust demand and successful project execution. The gross profit margin has improved to 7.54%, and the net profit margin has increased to 3.48%, reflecting enhanced operational efficiency. However, the margins remain relatively low compared to industry leaders, suggesting room for improvement in cost management.

Balance Sheet

The company's debt-to-equity ratio of 1.30 indicates a moderate level of leverage, which is typical for the industry but suggests potential risk if interest rates rise. The return on equity is very low at 0.02%, highlighting inefficiencies in generating returns from equity investments. The equity ratio stands at 20.43%, showing a stable capital structure but with a need for improved profitability.

Cash Flow

Aecom Technology's cash flow performance is strong, with a significant free cash flow growth rate of 99,452.89%, driven by improved operational cash generation. The operating cash flow to net income ratio is 0.14, indicating efficient conversion of income into cash. The free cash flow to net income ratio is 1.0, showcasing excellent cash flow management and the ability to fund operations and growth without external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.14B	16.14B	16.11B	14.38B	13.15B	13.34B
Gross Profit	1.22B	1.22B	1.08B	945.47M	847.97M	798.42M
EBITDA	1.28B	1.28B	1.08B	548.47M	831.84M	823.56M
Net Income	561.77M	561.77M	402.27M	55.33M	310.61M	173.19M
Balance Sheet
Total Assets	12.20B	12.20B	12.06B	11.23B	11.14B	11.73B
Cash, Cash Equivalents and Short-Term Investments	1.59B	1.59B	1.58B	1.26B	1.17B	1.23B
Total Debt	3.36B	3.36B	3.03B	2.75B	2.80B	2.89B
Total Liabilities	9.50B	9.50B	9.69B	8.85B	8.53B	8.90B
Stockholders Equity	2.49B	2.49B	2.18B	2.21B	2.48B	2.71B
Cash Flow
Free Cash Flow	684.93M	684.93M	707.89M	590.38M	576.62M	568.41M
Operating Cash Flow	821.60M	821.60M	827.49M	695.98M	713.64M	704.67M
Investing Cash Flow	-413.22M	-413.22M	-210.64M	-138.18M	-175.03M	-421.09M
Financing Cash Flow	-403.67M	-403.67M	-295.46M	-472.94M	-588.32M	-872.53M

Aecom Technology Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 98.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACM, the sentiment is Neutral. The current price of 98.9 is above the 20-day moving average (MA) of 97.60, below the 50-day MA of 110.15, and below the 200-day MA of 112.68, indicating a neutral trend. The MACD of -2.76 indicates Negative momentum. The RSI at 42.32 is Neutral, neither overbought nor oversold. The STOCH value of 74.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ACM.

Aecom Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PWR	78 Outperform	$65.15B	61.29	13.16%	0.09%	18.72%	23.97%
KBR	73 Outperform	$5.37B	14.20	27.77%	1.65%	9.66%	29.01%
ACM	71 Outperform	$12.99B	23.47	27.29%	1.06%	0.21%	53.80%
J	71 Outperform	$16.15B	58.14	7.67%	0.94%	-23.00%	-61.88%
TTEK	69 Neutral	$8.81B	38.28	13.72%	0.74%	4.69%	-24.37%
FLR	64 Neutral	$7.16B	2.21	91.03%	―	-1.81%	1228.51%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Aecom Technology Corporate Events

AECOM Technology Announces Strong Fiscal 2025 Results

On November 18, 2025, AECOM announced its fourth quarter and full year fiscal 2025 results, highlighting a record backlog and pipeline, and exceeding previous earnings guidance. The company declared a 19% increase in its quarterly dividend and initiated fiscal 2026 guidance with expectations for continued strong performance. AECOM is reviewing strategic alternatives for its Construction Management business and has raised long-term financial targets, emphasizing growth in its Advisory business and AI capabilities.

The most recent analyst rating on (ACM) stock is a Buy with a $142.00 price target. To see the full list of analyst forecasts on Aecom Technology stock, see the ACM Stock Forecast page.