Slide 1: Third Quarter Fiscal 2021
Third Quarter Fiscal 2021 TEXAS COASTAL RESILIENCY MASTER PLAN United States AECOM developed a long-term, statewide master plan for directing Texas’ General Land Office’s coastal management priorities to better implement projects that would restore, enhance and protect 367+ miles of Texas coastline
Slide 2: Disclosures
Disclosures Forward-Looking Statements All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitabili
Slide 3: Today's Participants
Today’s Participants Troy Rudd Lara Poloni Gaurav Kapoor Chief Executive Officer President Chief Financial Officer Page 2
Slide 4: Our Strategic and Financial Accomplishments
Our Strategic and Financial Accomplishments Four themes are apparent across our business: THIRD QUARTER PERFORMANCE HIGHLIGHTS Extended our track record of delivering on our Continued Adjusted1 13.2% 14.1% financial and strategic commitments Operating Margin2 Expansion Q3’20 Q3’21 Delivered accelera
Slide 5: Positioned to Deliver Long-Term Outperformance
Positioned to Deliver Long-Term Outperformance E XECUTING O UR S TRATEGY E XTENDING O UR G ROWTH A DVANTAGE ✓ Prioritized investments in highest growth opportunities while extending best practices to all our clients globally Winning and delivering critical projects that highlight our strong position
Slide 6: Advancing Key Operational Priorities
Advancing Key Operational Priorities Capitalizing on Growing ESG Investing in Our People Strengthening Our Capabilities Demand Embedding ESG into everything we do Strengthening our workforce to fully Investing in innovation and digital through our Sustainable Legacies benefit from increasing demand
Slide 7: Q3'21 Professional Services Financial Results
Q3’21 Professional Services Financial Results GAAP RESULTS VS. PRIOR YEAR: • Delivered another quarter of strong results TOTAL REVENUE $3.41 billion 7% – NSR5 increased by 3% growth in our design OPERATING INCOME $160 million 35% business, contributing to 1% growth for the enterprise EPS $0.19 (66%)
Slide 8: Q3'21 Segment Results – Americas
Q3’21 Segment Results – Americas GAAP RESULTS VS. PRIOR YEAR: • NSR5 growth in the design business accelerated TOTAL REVENUE $2.62 billion 6% to 3%, which was offset by an expected decline in OPERATING INCOME $164 million 2% the Construction Management business where projects had been delayed KEY PE
Slide 9: Q3'21 Segment Results – International
Q3’21 Segment Results – International GAAP RESULTS VS. PRIOR YEAR: TOTAL REVENUE $789 million 10% OPERATING INCOME $45 million 41% • NSR5 increased by 7% over the prior year KEY PERFORMANCE INDICATORS VS. PRIOR YEAR (NON-GAAP): NET SERVICE REVENUE5 $633 million 7% • We continue to advance our margin
Slide 10: Cash Flow and Capital Allocation Highlights
Cash Flow and Capital Allocation Highlights • Delivering on our commitment to improve cash flow Gross Leverage6 phasing 2.8x – Third quarter free cash flow of $295 million and year-to-date free cash flow4 of $284 million marks the highest levels in 2.5x four years, respectively • Continue to strengt
Slide 11: Raising Our Fiscal 2021 Financial Guidance
Raising Our Fiscal 2021 Financial Guidance $2.75 - $2.85 • With our strong year-to-date performance and confidence in Q4, we are raising our fiscal 2021 Raised Adjusted1 $2.15 adjusted1 EBITDA3 and adjusted EPS guidance EPS Growth Outlook – Our updated guidance reflects 10% and 30% year-over-year FY
Slide 12: Appendix
Appendix Delivering a better world A=COM
Slide 13: Footnotes
Footnotes 1 Excludes the impact of non-operating items, such as non-core operating losses and transaction-related expenses, restructuring costs and other items. See Regulation G Information for a reconciliation of Non-GAAP measures. 2 Reflects segment operating performance, excluding AECOM Capital.
Slide 14: AECOM: The World's Trusted Infrastructure Consulting Firm
AECOM: The World’s Trusted Infrastructure Consulting Firm We deliver professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. Across the globe, we partner with our clients in the public and private sectors to solve their m
Slide 15: As a Professional Services Business, AECOM Is Poised to Thrive
As a Professional Services Business, AECOM Is Poised to Thrive Attractive Exposure Balanced Geographic Diverse Broad Technical Lower-Risk to Key End Markets Exposure Funding Sources Expertise Business Model Engineers Private Transportation Program 8% 3% 6% U.S. 9% Non-U.S. Cost-Plus Design 20% Manag
Slide 16: Professional Services Business with a Strong Cash Flow Profile
Professional Services Business with a Strong Cash Flow Profile KEY ATTRIBUTES THAT RESULT IN CONSISTENTLY STRONG CASH PROJECTED FREE CASH FLOW CONVERSION7 (IN MILLIONS) GENERATION: • Broadly diversified by end market, client type and service type $820 ~75% Conversion • High-returning, lower-risk Pro
Slide 17: Regulation G Information
Regulation G Information Reconciliation of Revenue to Net Service Revenue (NSR) Three Months Ended Jun 30, Mar 31, Jun 30, 2020 2021 2021 Three Months Ended Nine Months Ended Jun 30, Mar 31, Jun 30, Reconciliation Jun 30, of JunSegment 30, Income from Operations to Adjusted Income from Operations 20
Slide 18: Regulation G Information
Regulation G Information FY2021 GAAP EPS Guidance based on Adjusted EPS Guidance (all figures approximate) Fiscal Year End 2021 GAAP EPS Guidance $2.00 to $2.05 Adjusted EPS excludes: Reconciliation of Net Income Attributable to AECOM from Continuing Operations to EBITDA to Adjusted EBITDA and to Am
Slide 19: A=COM ovreiier ora
A=COM ovreiier ora