AECOM vs Emcor
Emcor reported revenue of $17.0 billion in fiscal 2025, about the same as AECOM's $16.1 billion in fiscal 2025. AECOM's revenue grew 0.2% in its latest year, and Emcor's grew 16.6%. AECOM had an operating margin of 6.4%, against 10.1% at Emcor. Free cash flow was $685 million at AECOM and $1.2 billion at Emcor. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| AECOM | Emcor | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $16.1B | $17.0B |
| Revenue growth | 0.2% | 16.6% |
| Revenue growth a year, last 5 years | 4.0% | 14.1% |
| Gross margin | 7.5% | 19.3% |
| Operating margin | 6.4% | 10.1% |
| Net margin | 3.5% | 7.5% |
| Free cash flow | $685M | $1.2B |
| Free cash flow margin | 4.2% | 7.0% |
| Return on capital | 22.4% | 60.7% |
| Net debt to EBITDA | 0.9x | −0.6x |
| Dividends and buybacks | $522M | $631M |
| Change in diluted share count | −2.3% | −3.5% |
| Last close | $60.72 | $665.93 |
| P/E at the last close | 27.9× | 20.7× |
| Insider trades, last 12 months | bought $699,391, sold $3.2 million | bought $2,300, sold $40.8 million |
| Piotroski F-score | 7 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AECOMEmcor
Operating margin
Percent of revenue
AECOMEmcor
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AECOMEmcor