Aecon Group Inc.

Aecon Group Inc.

29.35
EUR
+0.46
(+1.59%)
1.88BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
58.26
48.29
51.78
56.02
47.85
54.62
57
60.68
65.91
77.02
75.16
67.71
86.11
- -
Basic EPS, GAAP
0.77
0.55
1.22
0.82
0.48
0.99
1.2
1.47
0.82
0.5
2.62
-0.95
0.24
- -
Free Cash Flow per Basic Share
1.43
0.29
0.09
-0.23
0.47
2.58
-0.15
2.23
-1.21
-2.54
0.44
-0.73
0.93
- -
Dividend per Share
0.33
0.36
0.39
0.45
0.49
0.5
0.56
0.63
0.68
0.73
0.74
0.75
0.76
0.56
Book Value per Share
11.1
11.69
12.64
12.76
12.75
13.64
14.13
14.52
15.02
15.5
17.09
15.22
14.39
13.94
Tangible Book Value per Share
9.74
9.93
10.67
10.83
7.79
6.27
5
3.73
4.38
4.74
15.12
11.34
10.42
9.42
Basic Weighted Avg Shares
53
54
56
57
59
60
61
60
60
61
62
63
63
65
Sales/Revenue/Turnover
3,069
2,614
2,918
3,213
2,806
3,266
3,460
3,644
3,977
4,696
4,644
4,243
5,435
- -
Operating Margin (%)
1.94
1.67
2.06
1.97
1.39
2.29
2.6
3.49
2.42
1.39
-0.03
-2.79
0.99
- -
Depreciation Expense
63
64
68
64
94
104
94
92
88
94
79
88
106
- -
Net Income, GAAP
41
30
69
47
28
59
73
88
50
30
162
-60
15
- -
Effective Tax Rate (%)
17.43
15.23
39.68
28.63
8.6
11.95
16.04
28.99
32.67
29.33
8.82
- -
37.38
- -
Profit Margin (%)
1.32
1.15
2.35
1.46
1
1.81
2.11
2.42
1.25
0.65
3.49
-1.4
0.28
- -
Working Capital
189
139
470
498
607
883
772
671
676
489
690
285
268
236
LT Debt
372
271
266
251
444
613
676
671
695
549
218
264
368
436
Total Equity
587
656
718
738
756
825
858
874
914
954
1,064
962
929
966
Return on Invested Capital (%)
7.22
4.69
8.03
5.93
3.94
5.42
5.84
6.53
4.78
3.84
13.7
- -
3.96
- -
Return on Capital (%)
6.67
5.73
8.11
5.97
4.02
5.5
5.99
6.71
4.88
3.98
13.42
- -
2.99
- -
Return on Common Equity (%)
7.23
4.84
10
6.42
3.77
7.47
8.66
10.16
5.56
3.25
16.04
-5.89
1.61
- -

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
44
45
48
LT Borrowings
368
413
436
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
68
68
Market Capitalization
2,052
2,862
3,044

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,875
2,849
3,171
Cash, Cash Equivalents & STI
486
507
630
Accounts Receivable, Net
963
894
1,110
Inventories
16
17
18
Total Current Liabilities
2,607
2,461
2,935
Payables & Accruals
1,450
1,330
1,532
ST Debt
44
45
48
Deferred Revenue
893
864
1,000

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.77%
1.49%
-3.5%
Free Cash Flow
-248.9%
-131.47%
-228.77%
Net Income, GAAP
17.03%
17.64%
-125.47%
Sales/Revenue/Turnover
7.07%
9.11%
28.09%
Total Cash Common Dividend
8.17%
5.04%
1.76%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
847
854
1,275
1,267
4,243
2025
1,062
1,302
- -
1,541
5,435
2026
1,257
1,631
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-1.99
0.9
0.22
-0.95
2025
-0.6
-0.12
- -
0.32
0.24
2026
-0.28
-1.58
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.19
0.19
0.75
2025
0.19
0.19
- -
0.19
0.76
2026
0.38
- -
- -
- -
- -

Company Description

CEO
Jean Louis Servranckx
Full Time Employees
9,180
Sector
Industrial services
Industry
Engineering & construction
Address
20 Carlson Court Toronto ON Canada M9W 7K6
IPO Date
Dec 31, 1987
Website
aecon.com
Business
Aecon Group Inc. provides construction and infrastructure development services to private and public sector clients across North America and select international markets. Founded in 1877 and headquartered in Toronto, Ontario, the company operates primarily through its Construction segment, which encompasses civil infrastructure such as bridges, highways, dams and ports; urban transportation solutions including light rail transit, subways and commuter rail; nuclear infrastructure encompassing refurbishment, new builds, engineering and small modular reactors; utility infrastructure covering electrical transmission, gas distribution, water treatment and battery energy storage; and industrial infrastructure supporting mining, oil and gas, power generation and fabrication; as well as its Concessions segment, which focuses on the development, financing, design, building, operation and maintenance of public-private partnership projects. Aecon targets government agencies, utilities, energy firms and industrial clients, with principal operations in Canada and the United States, supplemented by selective international pursuits in the Caribbean and beyond. In recent developments, Aecon has pursued aggressive U.S. expansion through strategic acquisitions, including Bodell Construction Company in Salt Lake City, Utah in August 2025 for industrial capital projects in oil and gas, mining, water and power sectors; Trinity Industrial Services in Beaumont, Texas in September 2025, adding multidisciplinary maintenance, turnarounds and fabrication services under multi-year agreements primarily in Texas and Louisiana; United Engineers & Constructors Inc. in Mount Laurel, New Jersey in December 2024 for US$33 million to bolster nuclear and conventional power capabilities; and an agreement in November 2025 for Aecon Utilities to acquire KPC, a high-voltage testing, commissioning and metering contractor. The company reached financial close on a C$609 million design-build contract with Pomerleau for the Port of Montreal Expansion in-water works in Contrecoeur, Quebec in October 2025, supporting enhanced terminal capacity and trade; secured an alliance construction contract for Ontario Power Generation's Darlington New Nuclear Project small modular reactor; and achieved commercial close on the Scarborough Subway Extension and Yonge North Subway Extension Advance Tunnel projects. These moves have driven record backlog to $10.8 billion as of September 30, 2025, up significantly from prior periods, alongside revenue growth of 20% in Q3 2025 to $1.53 billion, fueled by nuclear, industrial and utilities volumes.

Company News

  • Aecon achieves Gold Partnership Accreditation in Indigenous Relations Certification

  • Aecon Group Q2 Earnings Call Highlights

  • Aecon consortium awarded contract for the Winnipeg North End Sewage Treatment Plant Upgrade – Biosolids Facilities progressive design-build project

  • Aecon strengthens North American nuclear fabrication capabilities with facility in South Carolina

  • Aecon schedules second quarter 2026 financial results release and conference call

  • Arctic Gateway Group and Aecon sign collaboration agreement to support Port of Churchill infrastructure advancement in Manitoba

  • Aecon announces voting results of Annual General Meeting

  • Aecon announces voting results of Annual General Meeting

  • Aecon Announces Board Chair Transition

  • Aecon Announces Board Chair Transition

  • Aecon alliance selected for the Hamilton Light Rail Transit Civil and Utilities Works project in Ontario

  • Aecon Group Inc. (ARE:CA) Q1 2026 Earnings Call Transcript

  • Aecon reports first quarter 2026 results with record backlog of $10.9 billion

  • Aecon reports first quarter 2026 results with record backlog of $10.9 billion

  • Aecon Group (OTCMKTS:AEGXF) Stock Price Up 5.2% – Should You Buy?

  • Financial Survey: Taisei (OTCMKTS:TISCF) and Aecon Group (OTCMKTS:AEGXF)

  • Aecon schedules first quarter 2026 financial results release and conference call

  • Aecon Announces $150 Million Bought Deal Offering of Common Shares

  • Aecon Group Inc. (ARE:CA) Q4 2025 Earnings Call Transcript

  • Aecon reports year-end 2025 results