AECOM 2024年度报告

Contents 28CorporateGovernance 02Letterfrom the CEO 08Our Think and ActGlobally Strategy 10Investing inOur People 04Fiscal 2024FinancialPerformance 14TransformingHow We Work 05Accolades 18Extending ClientRelationships 06Work Highlights 22DeliveringSustainableLegacies Our Purpose Deliveringa BetterWorld Our Mission Our Vision By bringing together the best people,ideas and technical expertise, wepartner with clients to turn theirambitions into action. A world whereinfrastructure createsopportunity foreveryone. Our Values Deliver Collaborate Innovate We grow our business throughrelentless client focus,operational excellence, andexceptional project execution. We think without limits andembrace new ideas, shaping digitalsolutions to help clients addresscurrent and future challenges. We connect unrivaled expertisefrom around the world toanticipate and solve our clients’most pressing challenges. Sustain Safeguard Thrive We take action to make a positiveimpact on the planet, enrich thecommunities we touch and buildlegacies for future generations. We build diverse teams, create aninclusive workplace, and provideopportunities where each one of ourpeople can reach their full potential. We operate ethically and withintegrity, while prioritizing safetyand security in all that we do. Dearstockholders: Fiscal 2024 was a year of manyaccomplishments. In addition to thenew records we set across severalof our key financial metrics, we madesubstantial investments that enabledus to grow our team of professionals,expand our key growth markets, furtherstrengthen partnerships with ourclients, and elevate our culture. Ourcommitment to delivering technicalexcellence — what we call our TechExfactor — is a core element of ourThinkand Act Globallystrategy and allowedus to extend our competitive advantageand reach significant milestonesthroughout the year: •Our financial performance set several new records, includingfor net service revenue, margins, earnings and cash flow. Wedelivered strong organic growth while also further expandingour industry-leading margins, which has unlocked additionalcapital to invest in our teams and capabilities. As a result of ourstrong performance, we have compounded the value of bothour per-share earnings and cash flow by more than 20% overthe last four fiscal years. •We are winning what matters, and particularly on large pursuitsthat align with our global, multidisciplinary capabilities and thatenhance our long-term visibility. In addition to our win rate thatremains at a record high of 50%, we ended the fiscal year witha record backlog and a record pipeline of opportunities, all ofwhich combined are positioning us for continued growth. •We have transformed our service offering through ourinvestments in organic growth and complementary high-returning businesses. For example, our world-class programmanagement and advisory businesses have elevated the valueof our technical expertise as our clients’ projects and programsincrease in size and complexity. As part of this investmentstrategy, we recently launched our new Water and EnvironmentAdvisory global business line that will address demand in high-growth areas, and expand the advisory services we provide ourclients who are increasingly advancing challenging, multi-decade initiatives. •We gained market share as the number one ranked Water firm byEngineering News-Recordand now hold the number one positionin all of our key markets — including water, transportation,environment, and facilities. Throughout the year, we also took astep forward to become the leading global program managementfirm and achieved the number two ranking. We have built anenviable positionin the industry andare well positionedto capitalize onthe strong long-term outlook forinfrastructure. •We advanced the implementation of our digital strategy, drivingadoption of new technologies, tools and approaches to deliverprojects more efficiently and to the highest quality, while providingconsulting services to our clients to assist with their own digitaltransformations. We are also committed to responsibly leveragingAI to transform professional services delivery, for example, byintegrating our generative AI tool Oscar to enhance bid quality, winmore work, and reallocate time to higher-value tasks. •Our teams remain our greatest asset, and we are investing to createworkplaces where all our people can thrive. We are also continuing tofurther strengthen our employee value proposition, as evidenced byrecord employee satisfaction scores and low attrition. I am confidentthat AECOM remains the best place in the industry to start and grow arewarding career. To ensure we fully capitalize on the value creation opportunity for ourstockholders, we remain focused on executing our disciplined capitalallocation policy focused on share repurchases and dividends. Sincethe initiation of our repurchase program in September 2020, we haverepurchased more than $2.2 billion of stock,