HighGravityDataCurrent guidance
51 items
AECOM
Guidance from AECOM’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Aug 10, 2026
Data checked
Aug 10, 2026
What changed in the Aug 10, 2026 release
Each item compared with the same item in the previous release (May 11, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Lowered | Adjusted EBITDA | for FY2026 | “$1,275 to $1,305” | “$935 to $965” | Filing ↗ |
| New | Adjusted EBITDA (excluding Construction Management charge) | for FY2026 | — | “between $1,275 million and $1,305 million” | Filing ↗ |
| New | Adjusted EBITDA margin (excluding Construction Management charge) | for FY2026 | — | “17.4%” | Filing ↗ |
| Lowered | Adjusted EPS | for FY2026 | “$5.90 to $6.10” | “$3.95 to $4.15” | Filing ↗ |
| New | Adjusted EPS (excluding Construction Management charge) | for FY2026 | — | “between $5.90 and $6.10” | Filing ↗ |
| Lowered | GAAP EPS | for FY2026 | “$4.25 to $4.86” | “$2.37 to $2.87” | Filing ↗ |
| Lowered | GAAP net income from continuing operations | for FY2026 | “$617 to $696” | “$354 to $419” | Filing ↗ |
| New | Segment adjusted operating margin (excluding Construction Management charge) | for FY2026 | — | “17.0%” | Filing ↗ |
| New | Adjusted EPS CAGR (excluding Construction Management charge) | for the long term | — | “15%+” | Filing ↗ |
| New | Margin exit rate (long-term target) | for the long term | — | “20%+” | Filing ↗ |
| Lowered | Adjusted effective tax rate | for FY2026 | “approximately 20 – 22%” | “approximately 19%” | Filing ↗ |
| Lowered | Adjusted income tax expense | for FY2026 | “$203 to $207” | “$121 to $126” | Filing ↗ |
| Lowered | Adjusted interest expense, net | for FY2026 | “$145” | “$140” | Filing ↗ |
| Lowered | Free cash flow | for FY2026 | “approximately $400 million” | “approximately $300 million” | Filing ↗ |
| Lowered | GAAP income tax expense | for FY2026 | “$146 to $165” | “$73 to $88” | Filing ↗ |
| Lowered | GAAP interest expense | for FY2026 | “$195” | “$190” | Filing ↗ |
| New | Total NSR | for FY2026 | — | “between $7.30 and $7.35 billion” | Filing ↗ |
| New | Total NSR (excluding Construction Management charge) | for FY2026 | — | “between $7.65 and $7.70 billion” | Filing ↗ |
| New | Free cash flow conversion (long-term target) | for the long term | — | “100%+” | Filing ↗ |
| Reiterated | Average fully diluted share count | for FY2026 | “130 million” | “130 million” | Filing ↗ |
Show 13 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Adjusted EBITDA (continuing design and consulting business) | for FY2026 | “between $1,180 million and $1,220 million” | — | Filing ↗ |
| Not restated | Adjusted EPS (continuing design and consulting business) | for FY2026 | “between $5.15 and $5.35” | — | Filing ↗ |
| Not restated | Adjusted EPS (enterprise-wide) | for FY2026 | “between $5.65 and $5.85” | — | Filing ↗ |
| Not restated | Adjusted net income attributable to AECOM from continuing operations | for FY2026 | “$753 to $780” | — | Filing ↗ |
| Not restated | Net income attributable to AECOM from continuing operations | for FY2026 | “$534 to $645” | — | Filing ↗ |
| Not restated | Adjusted EPS and free cash flow per share growth | for the long term | “Double-digit” | — | Filing ↗ |
| Not restated | Adjusted EPS growth | for the long term | “Double-digit” | — | Filing ↗ |
| Not restated | Cash receipt from legacy matter settlement | for FY2026 | “approximately $50 million” | — | Filing ↗ |
| Not restated | Free cash flow (enterprise-wide) | for FY2026 | “approximately $400 million” | — | Filing ↗ |
| Not restated | Organic NSR CAGR | for FY2026 | “5 – 8%” | — | Filing ↗ |
| Not restated | Organic NSR growth | for FY2026 | “between 6% and 8%” | — | Filing ↗ |
| Not restated | Organic NSR growth (continuing design and consulting business) | for FY2026 | “6% to 8%” | — | Filing ↗ |
| Not restated | ROIC | for the long term | “at least 25%” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Adjusted EBITDA | “$935 to $965” | for FY2026 | Company-defined | Feb 9, 2026 | 3 | Filing ↗ |
| Adjusted EBITDA (continuing design and consulting business) | “between $1,180 million and $1,220 million” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Adjusted EBITDA (enterprise-wide) | “between $1,265 million and $1,305 million” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Adjusted EBITDA (excluding Construction Management charge) | “between $1,275 million and $1,305 million” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Adjusted EBITDA margin | “17.0%” | for FY2026 | Company-defined | Feb 9, 2026 | 2 | Filing ↗ |
| Adjusted EBITDA margin (continuing design and consulting business) | “16.8%” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Adjusted EBITDA margin (excluding Construction Management charge) | “17.4%” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Adjusted EPS | “$3.95 to $4.15” | for FY2026 | Company-defined | Feb 9, 2026 | 3 | Filing ↗ |
| Adjusted EPS (continuing design and consulting business) | “between $5.15 and $5.35” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Adjusted EPS (enterprise-wide) | “between $5.65 and $5.85” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Adjusted EPS (excluding Construction Management charge) | “between $5.90 and $6.10” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Adjusted net income attributable to AECOM from continuing operations | “$753 to $780” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Free cash flow conversion (cumulative, of adjusted net income) | “at least 100%” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| GAAP EPS | “$2.37 to $2.87” | for FY2026 | GAAP-tied | Nov 18, 2025 | 4 | Filing ↗ |
| GAAP net income from continuing operations | “$354 to $419” | for FY2026 | GAAP-tied | Nov 18, 2025 | 4 | Filing ↗ |
| Margin exit rate | “17%” | for FY2026 | Company-defined | Feb 3, 2025 | 1 | Filing ↗ |
| Net income attributable to AECOM from continuing operations | “$534 to $645” | for FY2026 | GAAP-tied | Nov 18, 2025 | 1 | Filing ↗ |
| Segment adjusted operating margin | “16.8%” | for FY2026 | Company-defined | Feb 9, 2026 | 2 | Filing ↗ |
| Segment adjusted operating margin (continuing design and consulting business) | “16.6%” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Segment adjusted operating margin (excluding Construction Management charge) | “17.0%” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Adjusted effective tax rate | “approximately 19%” | for FY2026 | Company-defined | Nov 18, 2025 | 4 | Filing ↗ |
| Adjusted income tax expense | “$121 to $126” | for FY2026 | Company-defined | Nov 18, 2025 | 4 | Filing ↗ |
| Adjusted interest expense, net | “$140” | for FY2026 | Company-defined | Feb 9, 2026 | 3 | Filing ↗ |
| Adjusted net interest expense | “approximately $140 million” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Average fully diluted share count | “130 million” | for FY2026 | GAAP-tied | Nov 18, 2025 | 4 | Filing ↗ |
| Cash receipt from legacy matter settlement | “approximately $50 million” | for FY2026 | Company-defined | Feb 9, 2026 | 1 | Filing ↗ |
| Depreciation | “approximately $160 million” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Free cash flow | “approximately $300 million” | for FY2026 | Company-defined | Feb 9, 2026 | 3 | Filing ↗ |
| Free cash flow (enterprise-wide) | “approximately $400 million” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| GAAP income tax expense | “$73 to $88” | for FY2026 | GAAP-tied | Nov 18, 2025 | 4 | Filing ↗ |
| GAAP interest expense | “$190” | for FY2026 | GAAP-tied | Nov 18, 2025 | 4 | Filing ↗ |
| Next dividend payment | “January 23, 2026” | for FY2026 | Declared action | Nov 18, 2025 | 1 | Filing ↗ |
| NSR (continuing design and consulting business) | “between $7.2 and $7.4 billion” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Organic NSR CAGR | “5 – 8%” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Organic NSR growth | “between 6% and 8%” | for FY2026 | Company-defined | Feb 9, 2026 | 2 | Filing ↗ |
| Organic NSR growth (continuing design and consulting business) | “6% to 8%” | for FY2026 | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Per share dividend value increase | “double-digit percentage annually” | for FY2026 | Declared action | Nov 18, 2025 | 1 | Filing ↗ |
| Quarterly dividend | “$0.31 per share” | for FY2026 | Declared action | Nov 18, 2025 | 1 | Filing ↗ |
| Total NSR | “between $7.30 and $7.35 billion” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Total NSR (excluding Construction Management charge) | “between $7.65 and $7.70 billion” | for FY2026 | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
Next year and medium term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Margin exit rate | “20%+” | for FY2028 | Company-defined | Feb 9, 2026 | 2 | Filing ↗ |
Long term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Adjusted EBITDA margin expansion | “At least 20 to 30 basis points” | for the long term | Company-defined | Nov 18, 2024 | 1 | Filing ↗ |
| Adjusted EPS and free cash flow per share growth | “Double-digit” | for the long term | Company-defined | Nov 18, 2024 | 1 | Filing ↗ |
| Adjusted EPS CAGR | “15%+” | for the long term | Company-defined | Nov 18, 2025 | 3 | Filing ↗ |
| Adjusted EPS CAGR (excluding Construction Management charge) | “15%+” | for the long term | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Adjusted EPS growth | “Double-digit” | for the long term | Company-defined | Nov 18, 2024 | 1 | Filing ↗ |
| Adjusted net income to free cash flow conversion | “At least 100%” | for the long term | Company-defined | Nov 18, 2024 | 1 | Filing ↗ |
| Long-term margin exit rate | “20%+” | for the long term | Company-defined | Nov 18, 2025 | 1 | Filing ↗ |
| Margin exit rate (long-term target) | “20%+” | for the long term | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Margin target | “17%+” | for the long term | Company-defined | May 5, 2025 | 1 | Filing ↗ |
| Free cash flow conversion (long-term target) | “100%+” | for the long term | Company-defined | Aug 10, 2026 | 1 | Filing ↗ |
| Free cash flow conversion target | “100%+” | for the long term | Company-defined | May 11, 2026 | 1 | Filing ↗ |
| Long-term free cash flow conversion target | “100%+” | for the long term | Company-defined | May 11, 2026 | 1 | Filing ↗ |
| ROIC | “at least 25%” | for the long term | Company-defined | Nov 18, 2024 | 1 | Filing ↗ |
No period stated
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Share repurchase authorization | “$1 billion” | — | Declared action | Nov 18, 2024 | 2 | Filing ↗ |
How one item moved
GAAP EPS, for FY2026 — every statement across the year, each linked to its filing.
How your Environmental & infrastructure services sector group guides
12 companies in Environmental & infrastructure services. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
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| AECOM | Aug 10, 2026 | 19 changes |
| Casella Waste Systems | Aug 6, 2026 | 2 changes |
| Republic Services | Aug 6, 2026 | 7 changes |
| Jacobs Solutions | Aug 4, 2026 | 7 changes |
| EMCOR Group | Jul 30, 2026 | 6 changes |
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| Clean Harbors | Jul 29, 2026 | 16 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2028 | FY2026 | FY2025 | Long-term | No period |
|---|---|---|---|---|---|
| Net service revenue in Water & Environment Advisory business | — | — | — | — | 1 statement |
| Adjusted EBITDA | — | 6 statements | 4 statements | — | — |
| Adjusted EBITDA margin | — | 4 statements | 5 statements | — | — |
| Adjusted EBITDA margin exiting fiscal year 2025 | — | — | 1 statement | — | — |
| Adjusted EBITDA margin expansion | — | — | — | 1 statement | — |
The full record for AECOM and its Environmental & infrastructure services peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Aug 10, 2026 | FY2026 Q3 | 0001104659-26-093421 | 20 | Open filing ↗ |
| May 11, 2026 | FY2026 Q2 | 0001104659-26-058656 | 18 | Open filing ↗ |
| Feb 9, 2026 | FY2026 Q1 | 0001104659-26-012069 | 18 | Open filing ↗ |
| Nov 18, 2025 | FY2025 Q4 | 0001104659-25-113439 | 27 | Open filing ↗ |
| Aug 4, 2025 | FY2025 Q3 | 0001104659-25-073644 | 17 | Open filing ↗ |
| May 5, 2025 | FY2025 Q2 | 0001104659-25-044515 | 18 | Open filing ↗ |
| Feb 3, 2025 | FY2025 Q1 | 0001104659-25-008636 | 19 | Open filing ↗ |
| Nov 18, 2024 | FY2024 Q4 | 0001104659-24-120136 | 20 | Open filing ↗ |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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