---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-113439"
form_type: "8-K"
ticker: "ACM"
cik: "0000868857"
company_name: "AECOM"
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:59:36.208024+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AECOM reports record FY2025; raises dividend 19%; reviews sale of Construction Management biz

## Summary
- FY2025 adjusted EPS $5.26 (+16% YoY); exceeded raised guidance mid-points; record margin 16.5%.
- Q4 adjusted EPS $1.36 (+7%); Americas design NSR grew 9%; total backlog $24.8B (+4% YoY).
- Dividend increased 19% to $0.31/share payable Jan 23, 2026; returned ~$500M via buybacks and dividends in FY2025.
- Initiated strategic review of Construction Management business (possible sale); Goldman Sachs and Wachtell retained.
- New long-term targets: 20%+ margin exit rate by FY2028; adjusted EPS CAGR 15%+ FY2026-2029.

## SEC filing metadata
- accession: 0001104659-25-113439
- form_type: 8-K
- ticker: ACM
- cik: 0000868857
- company_name: AECOM
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868857/000110465925113439/0001104659-25-113439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868857/000110465925113439/tm2531384d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-113439
- JSON: https://secwatch.observer/filing/0001104659-25-113439.json
- Plain text: https://secwatch.observer/filing/0001104659-25-113439.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.