公司概述
AECOM operates as a leading provider of professional infrastructure consulting services for governments, businesses, and organizations on an international scale. The company functions within the Industrials sector and specifically the Engineering & Construction industry, a domain characterized by complex project delivery and technical expertise. In terms of scale, AECOM holds a market capitalization of $11.06B and generates annual revenue (TTM) of $15.96B while employing approximately 51,000 individuals. These valuation and revenue figures indicate that AECOM maintains a substantial position in the global engineering market, supported by a massive workforce that facilitates its operations across multiple geographic regions including the Americas, International, and AECOM Capital segments.
财务健康
The company reported revenue (TTM) of $15.96B alongside net income (TTM) of $601.34M and EBITDA of $1.26B. The significant gap between the total revenue and net income reveals a cost structure where operating expenses, including labor and overhead, consume approximately 97.1% of gross revenue before interest and taxes are considered. AECOM generates free cash flow of $622.24M, which provides the entity with considerable financial flexibility to fund operations, invest in technology, or manage capital expenditures without relying solely on external financing. Profitability analysis shows a gross margin of 7.7%, an operating margin of 6.3%, and a profit margin of 2.9%, indicating that the business model is labor-intensive with relatively thin profit cushions typical of the professional services sector. Regarding liquidity and leverage, the company holds $1.25B in cash against $3.34B in debt, resulting in a debt-to-equity ratio of 136.56, which suggests a leveraged balance sheet rather than a conservative one. The current ratio stands at 1.10, indicating that current assets slightly exceed current liabilities, though this level offers limited buffer against short-term liquidity shocks. Return metrics show a return on equity of 28.2% and a return on assets of 5.7%, revealing that management is highly effective at utilizing shareholder equity to generate profits despite the lower return on the total asset base.
估值评估
Valuation metrics display a trailing P/E ratio of 18.92 and a forward P/E of 12.91, implying that the market expects a significant recovery in earnings or a structural improvement in profitability relative to current levels. The price-to-book ratio is 4.95, indicating that the market values the company at nearly five times its book value, suggesting a premium assigned to its intangible assets, brand, and future earnings potential. Alternative valuation measures include a price-to-sales ratio of 0.69 and an EV/EBITDA of 10.63, which suggest that the company is trading at a moderate multiple relative to its sales and operating cash generation capabilities. Historical price data shows a 52-week high of $135.52 and a 52-week low of $83.02; without the specific current share price listed in the provided facts, the absolute trading position cannot be calculated, but the range defines the volatility envelope for the stock. The beta value is 1.08, meaning the stock's price volatility is slightly higher than the broader market, reflecting its sensitivity to economic cycles affecting the infrastructure and engineering sectors.
Growth & Income
Recent performance data indicates a revenue growth (YoY) of -4.6% and an earnings growth (YoY) of -55.3%, demonstrating that earnings are contracting at a significantly faster rate than revenue, which points to margin compression or one-off charges impacting the bottom line. The company offers a dividend yield of 1.3% with a payout ratio of 24.1%, a low payout ratio that generally supports sustainability even during periods of declining earnings, though the recent negative earnings growth warrants close monitoring of cash flow coverage. Given the negative earnings growth, the ability to sustain the current dividend is tied more to the free cash flow of $622.24M than to reported net income, as the payout ratio is calculated based on earnings. Overall, the growth and income profile presents a scenario of declining earnings and revenue with a modest, potentially sustainable dividend yield that may be vulnerable to further earnings deterioration if the current contraction continues.