Reportable Segments

6 Months Ended

Mar. 31, 2022

Reportable Segments

Reportable Segments

16.   Reportable Segments

The Company's reportable segments are presented according to their geographic regions and business activities. The Americas segment provides planning, consulting, architectural and engineering design services, and construction management services to commercial and government clients in the United States, Canada, and Latin America, while the International segment provides similar professional services to commercial and government clients in Europe, the Middle East, India, Africa, and the Asia-Pacific regions.

The Company’s AECOM Capital (ACAP) segment primarily invests in and develops real estate projects. These reportable segments are organized by the differing specialized needs of the respective clients, and how the Company manages its business. The Company has aggregated various operating segments into its reportable segments based on their similar characteristics, including similar long term financial performance, the nature of services provided, internal processes for delivering those services, and types of customers.

The following tables set forth summarized financial information concerning the Company’s reportable segments:

							AECOM
Reportable Segments:	Americas			International			Capital		Corporate		Total
	($ in millions)
Three Months Ended March 31, 2022:
Revenue	$	2,399.9		$	813.3		$	0.5	$	—	$	3,213.7
Gross profit		160.4			49.1			0.5		—		210.0
Equity in earnings of joint ventures		3.2			5.7			3.1		—		12.0
General and administrative expenses		—			—			(2.6)		(34.6)		(37.2)
Restructuring costs		—			—			—		(73.3)		(73.3)
Operating income		163.6			54.8			1.0		(107.9)		111.5
Gross profit as a % of revenue		6.7	%		6.0	%		—		—		6.5	%
Three Months Ended March 31, 2021:
Revenue	$	2,468.3		$	796.5		$	0.7	$	—	$	3,265.5
Gross profit		151.7			42.8			0.7		—		195.2
Equity in earnings of joint ventures		3.0			3.0			1.2		—		7.2
General and administrative expenses		—			—			(1.5)		(34.5)		(36.0)
Restructuring costs		—			—			—		(8.8)		(8.8)
Operating income		154.7			45.8			0.4		(43.3)		157.6
Gross profit as a % of revenue		6.1	%		5.4	%		—		—		6.0	%
Six Months Ended March 31, 2022:
Revenue	$	4,863.4		$	1,615.7		$	1.3	$	—	$	6,480.4
Gross profit		310.4			98.5			1.3		—		410.2
Equity in earnings of joint ventures		6.4			9.3			4.2		—		19.9
General and administrative expenses		—			—			(5.6)		(68.0)		(73.6)
Restructuring costs		—			—			—		(76.7)		(76.7)
Operating income (loss)		316.8			107.8			(0.1)		(144.7)		279.8
Gross profit as a % of revenue		6.4	%		6.1	%		—		—		6.3	%
Six Months Ended March 31, 2021:
Revenue	$	5,025.6		$	1,552.1		$	1.0	$	—	$	6,578.7
Gross profit		296.7			81.9			1.0		—		379.6
Equity in earnings of joint ventures		4.4			6.0			5.0		—		15.4
General and administrative expenses		—			—			(3.4)		(71.0)		(74.4)
Restructuring costs		—			—			—		(21.8)		(21.8)
Operating income		301.1			87.9			2.6		(92.8)		298.8
Gross profit as a % of revenue		5.9	%		5.3	%		—		—		5.8	%

Reportable Segments:
Total assets
March 31, 2022	$	7,134.9	$	2,593.1	$	236.6	$	1,147.1
September 30, 2021	$	7,204.6	$	2,764.5	$	234.6	$	1,390.9