# AECOM (ACM) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Construction & Engineering. Price $66.25, market value $8.5 billion.

## Valuation
- **P/E (trailing): 23.3×** (5-yr avg 70.6×, 3-yr avg 90.3×). AECOM trades at 23.3× trailing earnings, well below its own five-year average of 70.6×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 10.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.25**. A PEG of 0.25 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.9×**. The shares trade at 3.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.8×**. Enterprise value is 9.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.4%** (5-yr avg 5.4%). Free cash flow equals 2.4% of the market value, below its five-year average of 5.4%, so the shares are pricier on cash than usual.
- **Earnings yield: 4.3%**. The inverse of the P/E: 4.3% of the price is earned each year.

## Profitability
- **Gross margin: 5.7%**. AECOM keeps 5.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 4.1%**. 4.1% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.5%**. 3.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 22.5%**. 22.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 51.2%**. Return on all capital, debt included, is 51.2%: comfortably above what that capital costs.
- **Return on assets: 2.4%**. Each dollar of assets produces 2.4% of profit.

## Growth
- **Revenue growth (1 yr): 0.2%** (3-yr 7.1%/yr, 5-yr 4.0%/yr). Revenue grew 0.2% over the last year, against 4.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 42.7%** (3-yr 24.5%/yr). Earnings per share rose 42.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 5.9%/yr**. Free cash flow has compounded at 5.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. AECOM holds more cash than debt.
- **Current ratio: 1.14** (quick 1.14). Current assets cover the next year's liabilities 1.14 times.
- **Altman Z-score: 2.50**. A Z-score of 2.50 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.87%** ($1.19 per share, trailing). AECOM yields 1.87%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 24%** (74% of free cash flow). 24% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.

## Analyst view
- **Analyst consensus: strong_buy** (12 analysts). 12 analysts cover AECOM; the consensus is strong_buy, with an average price target of $83.92 (+27% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -50.6%** (YTD -30.3%, 3-mo -12.2%). The shares are down 50.6% over twelve months including dividends.
- **From 52-week high: -51.1%** (17.5% above the low). Trading 51% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 0.87** (volatility 37%). Beta of 0.87 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ACM · Page: https://foliofundamentals.com/stocks/acm

Not investment advice.