Aecom Technology Corporation (ACM)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 118,770 | 111,384 | 215,329 | 516,435 | 476,283 | 446,677 | 450,377 | 297,672 | 294,604 | 262,200 | -95,100 | -6,600 | -145,500 | -140,700 | -383,300 | -354,600 | -200,200 | -247,600 | 312,700 | 295,800 |
| Revenue (ttm) | US$ in thousands | 14,895,980 | 14,378,420 | 13,962,180 | 13,540,330 | 13,263,820 | 13,148,180 | 13,075,880 | 13,242,580 | 13,294,420 | 13,340,900 | 13,556,100 | 13,337,400 | 13,317,600 | 13,240,000 | 13,184,400 | 13,354,900 | 13,521,800 | 13,642,500 | 15,434,900 | 17,222,700 |
| Pretax margin | 0.80% | 0.77% | 1.54% | 3.81% | 3.59% | 3.40% | 3.44% | 2.25% | 2.22% | 1.97% | -0.70% | -0.05% | -1.09% | -1.06% | -2.91% | -2.66% | -1.48% | -1.81% | 2.03% | 1.72% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $118,770K ÷ $14,895,980K
= 0.80%
AECOM's pretax margin has shown some fluctuations over the past eight quarters. It decreased from 4.18% in Q3 2022 to 3.04% in Q2 2023 before rebounding to 4.46% in Q2 2023. However, there was a subsequent decline in pretax margin to 2.23% in Q3 2023 and further to 1.48% in Q4 2023. The latest data for Q1 2024 indicates a pretax margin of 1.52%. Overall, the trend in pretax margin has been somewhat volatile, with variations observed in recent quarters. Further analysis and investigation may be required to understand the reasons behind these fluctuations.
Peer comparison
Dec 31, 2023