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AECOM

ACM

Industrials · 63.48 +0.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

AECOM's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company+0.9% todayVolume comparison unavailable
Market group0 of 1 activeEngineering & Construction · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • Weighted average floating-rate borrowings totaled $1,776.3M (or $1,076.3M excluding borrowings hedged by swaps/caps) for the six months ended March 31, 2026.

Invalidation: The isolated read changes if ACM's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Engineering & Construction

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Weighted average floating-rate borrowings totaled $1,776.3M (or $1,076.3M excluding borrowings hedged by swaps/caps) for the six months ended March 31, 2026.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements134
Verified relationships7
Evidence supporting the case
  • Operating margin changed +1.2 percentage points in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 5 filings.
  • Restructuring and cost reductions has repeated favorable evidence across 4 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • P/E is 71% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 79% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

63.48
6m-29.3%12m-49.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-09-30$13.3B+0.8%$1.16-7.2%
2022-09-30$13.1B-1.4%$2.18-4.7%
2023-09-30$14.4B+9.4%$0.39-1.8%
2024-09-30$16.1B+12.0%$2.95-2.6%
2025-09-30$16.1B+0.2%$4.21-2.3%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitypositive · 5 filings
Underlying revenue excluding pass-through revenues increased across most of our end markets as a result of increased investment by large, publicly financed, global programs with infrastructure incentive and spending including the Infrastructure Investment and…
10-Q · Aug 11, 2026
Credit and interest ratesnegative · 5 filings
The change was primarily attributable to a $45.4 million cash outflow from the deconsolidation of a joint venture recognized in the prior year period, which did not reoccur in the current year period, partially offset by a $29.1 million change in our credit f…
10-Q · Aug 11, 2026
Restructuring and cost reductionspositive · 4 filings
The increase in gross profit and gross profit as a percentage of revenue for the three and six months ended March 31, 2026 was primarily due to the benefit from restructuring actions taken last year, growth in enterprise capability centers, ongoing continuous…
10-Q · May 12, 2026
Demand and volumemixed · 2 filings
The decrease in net loss from discontinued operations for the year ended September 30, 2025 was primarily due to the settlement of contingent consideration related to the sale of our civil infrastructure construction business in fiscal 2024 that did not recur…
10-K · Nov 19, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.5× · EV/sales 0.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

63.48+0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for ACM. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for ACM. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind ACM

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

NNENANO Nuclear Energy Inc.partnerMay 14, 2026

With respect to site-specific work, we engaged AECOM, a multi-disciplinary engineering firm, in June 2025 to support site characterization, engineering, environmental analysis, and regulatory planning activities associated with the proposed reactor site at UI…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

ACM is currently a Leader in the organic co-movement group Engineering & Construction. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for ACM; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.