AECOM 2025年季度报告

AECOMINDEXPART I.FINANCIAL INFORMATIONItem 1.Financial Statements1Consolidated Balance Sheets as ofMarch31, 2025(unaudited) andSeptember30, 20241Consolidated Statements of Operations for theThree andSix Months EndedMarch31, 2025(unaudited) andMarch31, 2024(unaudited)2Consolidated Statements of Comprehensive Income for theThree and Six Months EndedMarch31, 2025(unaudited) andMarch31, 2024(unaudited)3Consolidated Statements of Stockholders’ Equity for theThree and Six Months EndedMarch31, 2025(unaudited) andMarch31, 2024(unaudited)5Consolidated Statements of Cash Flows for theSix Months EndedMarch31, 2025(unaudited) andMarch31,2024(unaudited)6Notes to Consolidated Financial Statements (unaudited)7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations28Item 3.Quantitative and Qualitative Disclosures About Market Risk43Item 4.Controls and Procedures43PART II.OTHER INFORMATION44Item 1.Legal Proceedings44Item 1A.Risk Factors44Item 2.Unregistered Sales of Equity Securities and Use of Proceeds44Item 3.Defaults Upon Senior Securities44Item 4.Mine Safety Disclosure44Item 5.Other Information45Item 6.Exhibits46SIGNATURES47 AECOMNotes to Consolidated Financial Statements 1.Basis of Presentation The accompanying consolidated financial statements of AECOM (the Company) are unaudited and, in the opinion of management,include all adjustments, including all normal recurring items necessary for a fair statement of the Company’s financial position and results of The consolidated financial statements should be read in conjunction with the consolidated financial statements and notes theretoincluded in the Company’s Form 10-K for the fiscal year ended September30, 2024 (the Annual Report). The accompanying unauditedconsolidated financial statements and related notes have been prepared in accordance with generally accepted accounting principles (GAAP) in The consolidated financial statements included in this report have been prepared consistently with the accounting policies described inthe Annual Report, except as noted, and should be read together with the Annual Report. The results of operations for the three and six months ended March31, 2025 are not necessarily indicative of the results to be expectedfor the fiscal year ending September30, 2025. As discussed in more detail in Note 3, the Company concluded that its self-perform at-risk construction businesses met the criteria forheld for sale beginning in the first quarter of fiscal 2020 and met the criteria for discontinued operation classification. As a result, the self-perform at-risk construction businesses are presented in the consolidated statements of operations as discontinued operations for all periods The Company reports its annual results of operations based on 52- or 53-week periods ending on the Friday nearest September30. Theinterim consolidated financial statements are presented for the periods ending on March 28, 2025 and March 29, 2024. For clarity of 2.New Accounting Pronouncements and Changes in Accounting In November 2023, the Financial Accounting Standards Board (FASB) amended the guidance of Accounting Standards Codification(ASC) 280,Segment Reporting, requiring public entities to disclose significant segment expenses and other segment items on an interim basis.The new guidance is effective for the Company for its annual financial statements in fiscal year 2025 and for its interim and annual financial In December 2023, the FASB issued ASU 2023-09,Income Taxes(Topic 740):Improvements to Income Tax Disclosures, whichincludes amendments that further enhance the income tax information through improvements to income tax disclosures primarily related to therate reconciliation and income taxes paid. The update also includes certain other amendments to improve the effectiveness of income tax In November 2024, the FASB issued ASU 2024-03 requiring public entities to provide disaggregated disclosures in the notes of thefinancial statements of certain categories of expenses that are included in expense line items on the face of the income statement on an interimbasis. The new guidance is effective for the Company for its annual financial statements in fiscal year 2027 and for its interim and annual 3.Discontinued Operations, Goodwill and Intangible Assets In the first quarter of fiscal 2020, management approved a plan to dispose of via sale the Company’s self-perform at-risk constructionbusinesses. These businesses include the Company’s civil infrastructure, power, and oil and gas construction businesses that were previouslyreported in the Company’s Construction Services segment. After consideration of the relevant facts, the Company concluded the assets andliabilities of its self-perform at-risk construction businesses met the criteria for classification as held for sale. The Company concluded the actualand proposed disposal activities represented a strategic shift that would have a major effect on the Company’s o