Aecom (ACM) Operating Margin (2009 - 2026)
Aecom (ACM) recorded quarterly Operating Margin of 6.52% in Q1 2026, up 12.45% quarter-over-quarter from 5.8% in Q4 2025, and down 31.0% on a YoY basis from 9.45% in Q1 2025.
Aecom (ACM) Operating Margin (2009 - 2026) Analysis & Trends
Aecom's Operating Margin history runs 17 years deep, the most recent figure standing at 6.52% for Q1 2026.
- In Q1 2026, Operating Margin fell 31.0% year-over-year to 6.52%; the TTM figure through Mar 2026 stood at 6.26% (up 29.0% YoY), while the FY2025 annual figure was 6.36%, up 122.0% from the prior year.
- Operating Margin was 6.52% for Q1 2026 at Aecom, up from 5.8% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.04% in Q2 2025 to a low of 2.88% in Q2 2023.
- Historically, Operating Margin has averaged 4.83% across 5 years, with a median of 5.65% in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Margin slumped 852 bps in 2023, then surged 836 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 4.49% in 2022, then decreased by 7 bps to 4.18% in 2023, then jumped by 41 bps to 5.92% in 2024, then decreased by 2 bps to 5.8% in 2025, then grew by 12 bps to 6.52% in 2026.
- The last three Operating Margin figures came in at 6.52% (Q1 2026), 5.8% (Q4 2025), and 5.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.30% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 16.95% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 8.73% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.70% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 16.69% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.20% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.20% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.52% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Aecom | 9.19 Bn | 8.36 Bn | 296.50 Mn | 6.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.52% |
| Dec 31, 2025 | 5.80% |
| Sep 30, 2025 | 5.69% |
| Jun 30, 2025 | 7.04% |
| Mar 31, 2025 | 6.83% |
| Dec 31, 2024 | 5.92% |
| Sep 30, 2024 | 5.75% |
| Jun 30, 2024 | 5.48% |
| Mar 31, 2024 | 5.08% |
| Dec 31, 2023 | 4.18% |
| Sep 30, 2023 | 2.09% |
| Jun 30, 2023 | -2.88% |
| Mar 31, 2023 | 5.66% |
| Dec 31, 2022 | 4.49% |
| Sep 30, 2022 | 5.37% |
| Jun 30, 2022 | 5.65% |
| Mar 31, 2022 | 3.47% |
| Dec 31, 2021 | 5.15% |
| Sep 30, 2021 | 5.08% |
| Jun 30, 2021 | 4.71% |