Skip to Content
Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Aecom Raises Full-Year 2021 Guidance After Solid Fiscal Third Quarter; Increasing FVE

Analyst Note

| Krzysztof Smalec, CFA |

We are increasing our fair value estimate for Aecom to $63 from $61 after the firm delivered solid fiscal third-quarter results and raised its guidance for full-year fiscal 2021. The fair value increase reflects Aecom’s strong performance, an improved outlook, and time value of money, partially offset by the implementation of a probability-weighted change in the U.S. statutory tax rate in our model.

Read Full Analysis

Company Profile

Business Description

AECOM is one of the largest global providers of design, engineering, construction, and management services. The firm serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 87,000. The company generated $13.2 billion in sales and $629 million in adjusted operating income in fiscal 2020.

Contact
300 South Grand Avenue, 9th Floor
Los Angeles, CA, 90071
T +1 213 593-8000
Sector Industrials
Industry Engineering & Construction
Most Recent Earnings Jun 30, 2021
Fiscal Year End Sep 30, 2021
Stock Type Distressed
Employees 54,000

Related