AECOM Non-GAAP EPS of $1.34 beats by $0.08, revenue of $4.18B misses by $150M

Financial Guidance

• AECOM increased its fiscal 2025 guidance for adjusted EBITDA, adjusted EPS, segment adjusted operating margin and adjusted EBITDA margin; the Company expects to deliver:

• Organic NSR² growth of 5% to 8%, consistent with prior guidance.
• Adjusted¹ EBITDA⁴ of between $1,190 million and $1,210 million, a 10% increase at the mid-point of the range.
• Adjusted¹ EPS of between $5.20 and $5.30, a 16% increase at the mid-point of the range.
• 70 basis points of both segment adjusted¹ operating margin³ and adjusted EBITDA margin⁵ expansion to 16.5% and 16.7%, respectively.
• 100%+ free cash flow⁶ conversion.

• Other assumptions incorporated into fiscal 2025 guidance:

• An average fully diluted share count of 133 million, which reflects shares repurchased to-date
• An adjusted effective tax rate of approximately 24% for the full year.

• See the Regulation G Information tables at the end of this release for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.
• FY EPS consensus of $5.16
• FY revenue consensus of $16.46B