Slide 1: Second Quarter Fiscal 2023
Second Quarter Fiscal 2023 FAIR PARK CAPITAL PROJECTS PROGRAM United States AECOM was selected by Fair Park First to provide program management services for major capital improvements to Fair Park, a 277-acre, cultural and entertainment complex in the heart of Dallas, Texas.
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: Delivering on Our Financial and Strategic Objectives
Delivering on Our Financial and Strategic Objectives REALIZING THE BENEFITS OF OUR STRATEGY THROUGH STRONG EXECUTION Expanding our competitive advantage and accelerating Q2’22 Q2’23 end market growth: 7% 4% +8% • Extended our track record of delivering on all of our financial Organic NSR1 Growth Des
Slide 5: Our Competitive Advantages
Our Competitive Advantages Capitalizing on our strengths to deliver superior value creation Extending Competitive Investing in Our Teams and Focusing on Returns Industry-Leading Advantages Technical Excellence Profitability and Value Creation • Collaborating globally through • Expanded addressable m
Slide 6: Secular Growth Drivers Are Accelerating
Secular Growth Drivers Are Accelerating M ULTI-DECADE M EGATRENDS HOW WE’RE CAPITALIZING Design Bids Leveraging our program management Submitted & Proposals Investments in Global capabilities and technical expertise to 30%+ Infrastructure help deliver a large international airport and sizable Califo
Slide 7: Capitalizing on Growth Opportunities Across Our Markets
Capitalizing on Growth Opportunities Across Our Markets • IIJA funding is beginning to flow into our markets U.S. • Additional funding for clean energy and emerging contaminants is gaining momentum • IRA and CHIPs Act provide for additional demand drivers • Budget 2023 provides for several substanti
Slide 8: Q2'23 Professional Services Financial Results
Q2’23 Professional Services Financial Results GAAP RESULTS: • Delivered on our financial and strategic commitments: YoY Change TOTAL REVENUE $3.49 billion +9% – Strong NSR Growth: Organic NSR1 increased by OPERATING INCOME $197 million +77% 8% in the design business EPS $0.84 +147% – Expanding Margi
Slide 9: Q2'23 Segment Results – Americas
Q2’23 Segment Results – Americas GAAP RESULTS YoY Change TOTAL REVENUE $2.63 billion +10% • Second quarter NSR1 growth of 5% in the design business OPERATING INCOME $178 million +9% • A 1.5 book-to-burn ratio6 in the design business KEY PERFORMANCE INDICATORS (NON-GAAP): contributed to 12%5 total de
Slide 10: Q2'23 Segment Results – International
Q2’23 Segment Results – International GAAP RESULTS: YoY Change TOTAL REVENUE $860 million +6% • Second quarter NSR1 increased by 12% over the prior OPERATING INCOME $60 million +10% year and included growth in our largest and most profitable markets KEY PERFORMANCE INDICATORS (NON-GAAP): • Delivered
Slide 11: Cash Flow and Capital Allocation Highlights
Cash Flow and Capital Allocation Highlights Backed by strong balance sheet with low net leverage, 80% of our debt fixed, swapped or capped over the next several years, and no near-term debt maturities resulting in certainty Strong Cash Flow Capital Allocation Framework Strong Free Cash Flow 7 Perfor
Slide 12: Reiterating Our Outlook for Accelerating Long-Term Growth
Reiterating Our Outlook for Accelerating Long-Term Growth EXPECTATIONS FOR STRONG GROWTH IN FY’23 AND FY’24 • With our strong year-to-date operational performance 8% and despite removing expected AECOM Capital NSR 5% contributions from guidance, we are affirming all key Organic NSR1 Growth Growth Is
Slide 13: Appendix
Appendix Delivering a better world A=COM
Slide 14: Footnotes
Footnotes 1 Revenue, less pass-through revenue; growth rates are presented on a constant-currency basis. 2 Excludes the impact of certain items, such as restructuring costs, amortization of intangible assets, non-core AECOM Capital and other items. See Regulation G Information for a reconciliation o
Slide 15: 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 advisory, planning, design and engineering to program and construction management. Across the globe, we partner with our clients in the public and private sectors to sol
Slide 16: Our Value Proposition
Our Value Proposition We are the world’s leading infrastructure consulting firm UNPARALLELED TECHNICAL EXPERTISE • Unrivaled global technical expertise for the world’s most iconic program Ranked #1 Ranked #3 Transportation design firm Water design firm • Widening competitive advantages Facilitie
Slide 17: Q2'23 Key Performance Highlights
Q2’23 Key Performance Highlights Delivering Strong Organic Transforming the Value of Translating Growth to the Maximizing Value for Growth Our Backlog Bottom Line Shareholders We delivered a ninth consecutive By winning what matters, we are Industry-leading margins, combined Leveraging our strong ca
Slide 18: 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 Deep Technical Lower-Risk to Key End Markets Exposure Funding Sources Expertise Business Model Engineers Private Transportation U.S. Program 3% 6% 8% Non-U.S. 9% Europe, 20% Managers Cost-P
Slide 19: Helping Our Clients Achieve Their Sustainability & Infrastructure Goals
Helping Our Clients Achieve Their Sustainability & Infrastructure Goals NAVFAC CLEAN ATLANTIC + PACIFIC DALLAS FAIR PARK CITY OF RIALTO NEOM BAY AIRPORT DCS –ENVIRONMENT DCS –ENVIRONMENT DCS –ENERGY & ENVIRONMENT DCS –TRANSPORTATION Executing critical environmental work for Supporting Fair Park Firs
Slide 20: Ability to Perform Across Economic Cycles
Ability to Perform Across Economic Cycles AECOM ORGANIC NSR1 GROWTH (2006 – 2011) • Our diversification by client, service and end market results in resiliency during periods of economic weakness 4% – Delivered double-digit NSR1 growth during the global recession (2007 – 2009) 4% 13% – Infrastructur
Slide 21: Regulation G Information
Regulation G Information Three Months Ended Six Months Ended Mar 31, Dec 31, Mar 31, Mar 31, Mar 31, 2022 2022 2023 2022 2023 Reconciliation of Segment Income from Operations to Adjusted Income from Operations Americas Segment: Income from operations $ 163.6 $ 163.8 $ 178.2 $ 316.8 $ 342.0 Amortizat
Slide 22: Regulation G Information
Three Months Ended Six Months Ende Mar 31, Dec 31, Mar 31, Mar 31, Mar Regulation G Information 2022 2022 2023 2022 202 Reconciliation of Net Income Attributable to AECOM from Continuing Operations per Diluted Share to Adjusted Net Income Attributable to AECOM from Continuing Operations per Diluted
Slide 23: A=COM oreiicr ora
A=COM oreiicr ora