Aecom Technology Corporation (ACM)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 555,166 | 111,384 | 446,662 | 262,196 | -140,617 |
| Revenue | US$ in thousands | 16,105,500 | 14,378,500 | 13,148,200 | 13,340,900 | 13,240,000 |
| Pretax margin | 3.45% | 0.77% | 3.40% | 1.97% | -1.06% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $555,166K ÷ $16,105,500K
= 3.45%
Aecom Technology Corporation's pretax margin has shown varying levels over the past five years. In 2024, the pretax margin improved significantly to 3.45% compared to 0.77% in 2023, indicating a stronger profitability before income taxes. This improvement may be attributed to better cost management or increased revenue generation.
The pretax margin of 3.40% in 2022 was also relatively strong, suggesting efficient cost control and revenue generation efforts during that year. In 2021, the pretax margin was 1.97%, showing a moderate profitability level.
However, in 2020, Aecom experienced a negative pretax margin of -1.06%, indicating that the company's expenses exceeded its revenue, resulting in a loss before income taxes during that period.
Overall, Aecom Technology Corporation has showcased a mix of profitability levels in terms of pretax margin over the past five years, with notable improvements in 2024 and stronger performance in 2022, while facing challenges in 2020. This metric reflects the company's ability to effectively manage costs and generate profits before income taxes.
Peer comparison
Sep 30, 2024