AECOM(ACM)

Emerging

Dallas global infrastructure consulting (NYSE: ACM) at $16.1B FY2024 revenue with record $24.6B backlog Q3 2025; CEO Troy Rudd 3x market cap growth targeting data center/energy transition competing with Jacobs for complex infrastructure programs.

Company Overview

About AECOM

AECOM is a Dallas, Texas-headquartered global infrastructure consulting firm — publicly traded on the New York Stock Exchange (NYSE: ACM) — providing public and private sector clients with professional services across the project lifecycle: advisory and program management, planning, design and engineering, and construction management for transportation, buildings, water, energy, and environment infrastructure sectors. In fiscal year 2024, AECOM reported $16.1 billion in revenue with 51,000 employees globally, reaching a record-high total backlog of $24.6 billion in Q3 FY2025 — representing strong pipeline growth driven by US infrastructure bill funding (IIJA), defense and government facility modernization, and data center and energy infrastructure expansion. Under CEO Troy Rudd (since 2020), AECOM's market capitalization has nearly tripled through a strategy focused on high-complexity infrastructure programs. Fortune 500 #291 (2023). AECOM traces its history to predecessors founded in 1910.

Business Model & Competitive Advantage

AECOM's infrastructure consulting model addresses the technical and program management complexity of large public infrastructure investments: a state DOT building a $3 billion freeway interchange, a federal agency expanding a military installation, or a municipality constructing a water treatment plant needs engineering design expertise across dozens of disciplines (civil, structural, geotechnical, environmental, electrical, transportation), environmental review compliance, procurement management, and construction oversight — delivered by an organization with the professional liability insurance, licensed engineers in multiple jurisdictions, and project management systems to execute a 5-10 year project on schedule and within a public budget. AECOM's global delivery model (leveraging engineering teams in lower-cost locations for design production while maintaining client-facing project management in local markets) provides the cost efficiency that wins competitive selection while maintaining the technical quality that public agency clients require for infrastructure that serves for 50-100 year design lives.

Competitive Landscape 2025–2026

In 2025, AECOM competes in the global infrastructure consulting, engineering services, and construction management market with Jacobs Solutions (NYSE: J, engineering services, $16B revenue), WSP Global (TSX: WSP, professional services, $15B revenue), and Parsons Corporation (NYSE: PSN, government infrastructure, $7B revenue) for government infrastructure program management, transportation design, water infrastructure, and data center/energy infrastructure consulting contract awards. The USACE Honolulu Pacific Region IDIQ contracts ($400M+ combined ceiling) demonstrate AECOM's military infrastructure program management strength. The $24.6 billion backlog (record high in Q3 FY2025) provides 18+ months of revenue visibility. The 2025 strategy focuses on the data center and digital infrastructure design practice (growing from 10+ years of hyperscaler data center design to the AI infrastructure build-out), expanding the energy transition infrastructure practice (transmission, grid modernization, offshore wind), and growing program management delivery for infrastructure bill-funded transportation and water projects.

Founded
1990
Headquarters
Los Angeles, California, USA
Revenue
$16100.000000000002M
Curated content • Fact-checked and verified

The AECOM Story

Founded in 1990
Los Angeles, California, USA
Founded by Richard Newman

Founders

Richard Newman
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Company Timeline

Major milestones in AECOM's journey

11
Total Events
0
Funding Rounds
1
Acquisitions
0
Product Launches
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Leadership Team

Meet the leaders behind AECOM

W. Troy Rudd

Chairman & Chief Executive Officer

Troy Rudd became AECOM's CEO in October 2020 after serving as CFO. Under his leadership, AECOM has nearly tripled its market capitalization. He holds a Master of Science in Taxation and has held various leadership positions at AECOM since 2009.

Lara Poloni

President

Lara Poloni serves as President of AECOM, working alongside CEO Troy Rudd in the company's strategic transformation and day-to-day operations.

Open Positions

Reddit Discussions

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Key Differentiators

Emerging Innovator

AECOM is an emerging player bringing innovative solutions to the Infrastructure market.

Enterprise Scale

With $16100.000000000002M in revenue, AECOM operates at enterprise scale with proven market validation.

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