Risk factors
Aecom (ACM) risk factors
Item 1A of every Aecom 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors44 risks1 new4 reworded
AECOM added a risk regarding artificial intelligence adoption, increased its surety bond contingent liability figure to $5.6 billion, and expanded ESG scrutiny disclosures.
Filed Nov 19, 2025 - FY2024 10-K risk factors43 risks
Government contracts generated 46% of fiscal 2024 revenue, exposing AECOM to federal budgets, procurement, and audits. Global operations span 27% of revenue, introducing foreign currency, geopolitical, and anti-corruption risks. Fixed-price contracts, joint ventures, and defined benefit pension liabilities of $134.0 million threaten financial results.
Filed Nov 19, 2024