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Morningstar

Morningstar

May 12, 2026

AECOM: Aecom Earnings: Middle East Conflict Drags on Revenue Growth and Free Cash Flow

Symbols

ACM

Sector(s)

Industrials

Rating

Current Price

70.52

Fair Value

Economic Moat

Stewardship

Summary

Aecom is one of the largest global providers of advisory, design, and engineering services. It serves a broad spectrum of end markets, including water, transportation, and environment. Based in Dallas, Aecom employs 51,

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Analyst Profile

Krzysztof Smalec

Equity Analyst

Krzysztof Smalec, CFA, is an equity analyst on the industrials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers diversified industrial companies, including producers of industrial gases.Before joining Morningstar in 2018, Smalec spent six years working as a valuation consultant at Marshall & Stevens, where he specialized in valuing structured investments in renewable energy projects.Smalec holds a bachelor’s degree in finance and economics from DePaul University. He also holds the Chartered Financial Analyst® designation.

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