15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.0% per year over the past 5 years.
Operating margin has expanded, at 6.4% in the latest year.
Free cash flow has grown 26.1% per year over the past 5 years.
Financial health
Operating income covered interest expense 5.6× in the latest year.
Shareholder returns
Dividends have been paid for 4 consecutive years, consuming 23.8% of earnings and 19.5% of free cash flow.
The dividend has grown 28.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$16.1B
$562M
7.5%
6.4%
22.5%
4.6%
$685M
—
$1.6B
2024
$16.1B
$402M
6.7%
5.1%
18.4%
3.3%
$708M
—
$1.6B
2023
$14.4B
$55M
6.6%
2.3%
2.5%
0.5%
$590M
—
$1.3B
2022
$13.1B
$311M
6.4%
4.9%
12.5%
2.8%
$577M
—
$1.2B
2021
$13.3B
$173M
6.0%
4.7%
6.4%
1.5%
$568M
—
$1.2B
2020
$13.2B
-$186M
5.4%
2.9%
-5.7%
-1.4%
$215M
—
$1.7B
2019
$13.6B
-$261M
4.5%
2.9%
-7.1%
-1.8%
$677M
—
$886M
2018
$13.9B
$136M
3.5%
2.8%
3.3%
0.9%
$661M
—
$887M
2017
$18.2B
$339M
3.8%
3.6%
8.5%
2.4%
$610M
—
$802M
2016
—
$96M
—
—
2.9%
0.7%
$623M
—
$692M
2015
—
-$155M
—
—
-4.5%
-1.1%
$650M
—
$684M
2014
—
$230M
—
—
10.5%
3.8%
—
—
$574M
2013
—
$239M
—
—
11.8%
4.2%
—
—
$601M
2012
—
-$59M
—
—
-2.7%
-1.0%
$370M
—
$594M
2011
—
$276M
—
—
11.8%
4.8%
$54M
—
$457M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$3.6B
-$87M
-0.9%
-2.1%
-4.0%
-0.7%
$55M
—
$1.0B
Mar '26
$3.8B
$180M
7.8%
6.5%
7.9%
1.5%
-$27M
—
$1.0B
Dec '25
$3.8B
$75M
7.3%
5.8%
3.3%
0.6%
$42M
—
$1.2B
Sep '25
$4.2B
$120M
7.9%
5.7%
4.8%
1.0%
$134M
—
$1.6B
Jun '25
$4.2B
$131M
7.8%
7.0%
5.3%
1.1%
$262M
—
$1.8B
Mar '25
$3.8B
$143M
7.7%
6.8%
6.3%
1.2%
$178M
—
$1.6B
Dec '24
$4.0B
$167M
6.7%
5.9%
7.6%
1.4%
$111M
—
$1.6B
Sep '24
$4.1B
$173M
7.2%
5.8%
7.9%
1.4%
$274M
—
$1.6B
Jun '24
$4.2B
$134M
6.9%
5.5%
5.8%
1.1%
$273M
—
$1.6B
Mar '24
$3.9B
$1M
6.6%
5.1%
0.0%
0.0%
$74M
—
$1.2B
Dec '23
$3.9B
$94M
6.3%
4.2%
4.2%
0.8%
$87M
—
$1.2B
Sep '23
$3.8B
$25M
6.6%
2.1%
1.2%
0.2%
$263M
—
$1.3B
Jun '23
$3.7B
-$135M
6.8%
-2.9%
-5.5%
-1.2%
$265M
—
$1.3B
Mar '23
$3.5B
$77M
6.5%
5.7%
3.0%
0.7%
-$21M
—
$1.1B
Dec '22
$3.4B
$88M
6.4%
4.5%
3.4%
0.8%
$84M
—
$1.2B
Sep '22
$3.4B
$106M
6.3%
5.4%
4.3%
0.9%
$249M
—
$1.2B
Jun '22
$3.2B
$102M
6.8%
5.6%
4.2%
0.9%
$183M
—
$1.0B
Mar '22
$3.2B
$42M
6.5%
3.5%
1.6%
0.4%
-$17M
—
$965M
Dec '21
$3.3B
$62M
6.1%
5.2%
2.5%
0.5%
$162M
—
$1.1B
Sep '21
$3.4B
$96M
6.5%
5.1%
3.5%
0.8%
$294M
—
$1.2B
Valuation over time
How the market has priced ACM against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 34.7× (Mar '23) to 15.0× (Nov '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.5× (Nov '26).
The dividend yield has risen from 0.6% (Mar '23) to 1.6% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is ACM growing its revenue and profit?
Over the past 5 years, Aecom's revenue has grown 4.0% per year. These are computed facts, not advice.
How much debt does ACM have?
As of FY2025, Aecom reported — of total debt against $1.6B of cash; operating income covered interest expense 5.6×.
What is ACM's profit margin?
In FY2025, gross margin was 7.5%, operating margin 6.4%, and net margin 3.5%.
What is ACM's P/E ratio?
Aecom's P/E (TTM) is 29.34 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ACM stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 15.0× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.