secwatch.observer — SEC 8-K summary
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Issuer:     AECOM (ACM)
CIK:        0000868857
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001104659-25-113439
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868857/000110465925113439/0001104659-25-113439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868857/000110465925113439/tm2531384d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-113439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer