Filing Flows › AECOM (ACM) › How it makes money
How AECOM (ACM) makes money
AECOM (ACM) made $4.2B of revenue in the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier. Of every dollar of revenue, 8¢ was left as gross profit, 6¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q4 FY25 | % of revenue |
|---|---|---|
| Revenue | $4.2B | 100.0% |
| Cost of revenue | $3.8B | 92.1% |
| Gross profit | $331M | 7.9% |
| Operating expenses | $93.2M | 2.2% |
| Operating profit | $237M | 5.7% |
| Income tax | $58.4M | 1.4% |
| Net earnings | $120M | 2.9% |
| Operating cash flow | $196M | 4.7% |
| Free cash flow | $134M | 3.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY25 | $4.2B | +2% |
| Q3 FY25 | $4.2B | +0.7% |
| Q2 FY25 | $3.8B | -4% |
| Q4 FY24 | $4.1B | +7% |
From AECOM's 10-K filed Nov 19, 2025 (on EDGAR).
Questions
How does AECOM make money?
AECOM (ACM) made $4.2B of revenue in the fourth quarter fiscal 2025 (Q4 FY25), +2% from a year earlier. Of every dollar of revenue, 8¢ was left as gross profit, 6¢ was left as operating profit, 3¢ was left as net earnings.
What is AECOM's profit margin?
Net earnings were $120M, 2.9% of revenue, in the fourth quarter fiscal 2025; the operating margin was 5.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.