Descripción de la empresa
AECOM operates as a leading provider of professional infrastructure consulting services globally, delivering essential solutions to governments, commercial entities, and various organizations across international markets. The company functions within the Industrials sector, specifically specializing in the Engineering & Construction industry, which positions it as a critical partner for large-scale development projects requiring technical expertise and project management capabilities. With a market capitalization of $11.05B and an annual revenue of $15.96B, AECOM represents a significant entity in the global infrastructure landscape, supported by a substantial workforce of 51,000 employees. These valuation and revenue figures indicate that the company maintains a prominent position within its sector, reflecting a broad reach and the ability to secure substantial contracts for complex infrastructure initiatives worldwide.
Salud financiera
The company reported a total revenue of $15.96B for the trailing twelve months, generating a net income of $601.34M and an EBITDA of $1.26B, highlighting a structural reality where operating earnings are significantly higher than reported profit due to substantial non-operating expenses or other adjustments impacting the bottom line. The free cash flow stands at $622.24M, which demonstrates the company's capacity to generate liquidity beyond its operational cash needs, thereby providing financial flexibility for capital expenditures, debt servicing, or potential shareholder returns. Profitability analysis reveals a gross margin of 7.7%, an operating margin of 6.3%, and a profit margin of 2.9%, indicating that while the company incurs significant costs relative to its sales revenue, it maintains positive operational efficiency before tax effects. On the balance sheet, total cash holdings of $1.25B are contrasted against total debt of $3.34B, resulting in a debt-to-equity ratio of 136.56%, which suggests a highly leveraged capital structure typical of the capital-intensive engineering and construction industry. The current ratio is recorded at 1.10, a metric that indicates the company possesses just enough current assets to cover its current liabilities, reflecting a tight but manageable short-term liquidity position. Return on Equity is reported at 28.2% while Return on Assets stands at 5.7%, metrics that reveal management's effectiveness in generating returns for shareholders relative to the equity invested, while also showing the lower return generated on the total asset base due to the high leverage present in the company's capital structure.
Evaluación de valoración
AECOM currently trades with a trailing P/E ratio of 18.91 and a forward P/E of 12.90, a notable divergence that implies market expectations for a significant improvement in future earnings growth compared to the current performance baseline. The price-to-book ratio is 4.95, suggesting that the market values the company at nearly five times its net asset value, which often reflects the premium placed on intangible assets, skilled workforce, and future growth potential inherent in professional services firms. Alternative valuation metrics include a price-to-sales ratio of 0.69 and an EV/EBITDA of 10.62, figures that provide context on how the company is valued relative to its sales volume and enterprise earnings power, offering a broader perspective than earnings multiples alone. The stock's recent trading range is bounded by a 52-week high of $135.52 and a 52-week low of $85.00, placing the current price position dependent on the prevailing market price relative to this established volatility range to determine if the asset is trading near its peak or closer to its floor. The beta value of 1.04 indicates that the stock's price volatility moves in tandem with the broader market, exhibiting a slight tendency to amplify market movements, which is consistent with the cyclical nature of the infrastructure consulting sector.
Growth & Income
Recent financial performance data shows a revenue growth rate of -4.6% year-over-year and an earnings growth rate of -55.3% year-over-year, indicating that earnings are contracting at a much faster pace than revenue, a scenario often associated with high-cost environments or significant one-time charges impacting the bottom line more severely than top-line sales. As a dividend payer, the company offers a dividend yield of 1.3% with a payout ratio of 24.1%, a low payout percentage that suggests the company retains the majority of its earnings, which could support dividend sustainability even during periods of earnings contraction or provide a buffer for future reinvestment. The disparity between the negative earnings growth and the relatively modest revenue decline highlights the sensitivity of the profit margin to cost fluctuations or specific segment underperformance within the Americas, International, or AECOM Capital segments. Overall, the growth and income profile presents a mixed picture characterized by current earnings contraction and negative revenue momentum, balanced against a conservative dividend payout that prioritizes balance sheet resilience over aggressive income distribution.