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Reportable Segments and Geographic Information
 12 Months Ended
Sep. 30, 2020
Reportable Segments and Geographic Information  
Reportable Segments and Geographic Information

19.         Reportable Segments and Geographic Information

During the first quarter of fiscal 2020, the Company reorganized its operating and reporting structure to better align with its ongoing professional services business. This reorganization better reflects the continuing operations of the Company after the sale of its former Management Services reportable segment and planned disposal of its self-perform at-risk construction businesses discussed in Note 3. The businesses that comprised the Company's former Management Services reportable segment and the civil infrastructure, power and oil and gas construction businesses in the former Construction Services reportable segment were classified as discontinued operations. The former Design and Consulting Services reportable segment and construction management business in the former Construction Services reportable segment were reformed around geographic regions. 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, 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 change in reportable segments was applied to all periods presented.

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

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AECOM

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Reportable Segments:

    

Americas

    

International

    

Capital

    

Corporate

    

Total

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(in millions)

 

Fiscal Year Ended September 30, 2020:

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​

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Revenue

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$

10,131.5

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$

3,101.7

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$

6.8

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$

—

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$

13,240.0

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Gross profit

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580.5

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122.2

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6.9

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—

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709.6

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Equity in earnings of joint ventures

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19.8

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14.3

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14.7

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—

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48.8

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General and administrative expenses

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—

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—

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(8.6)

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(180.0)

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(188.6)

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Restructuring costs

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—

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—

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—

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(188.3)

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(188.3)

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Operating income (loss)

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600.3

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136.5

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13.0

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(368.3)

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381.5

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Segment assets

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7,929.3

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2,454.0

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198.0

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1,573.9

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Gross profit as a % of revenue

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5.7

%  

 

3.9

%

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5.4

%

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Fiscal Year Ended September 30, 2019:

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Revenue

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$

10,382.6

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$

3,251.7

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$

8.2

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$

—

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$

13,642.5

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Gross profit

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511.5

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91.9

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8.3

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—

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611.7

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Equity in earnings of joint ventures

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17.7

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13.9

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17.7

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—

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49.3

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General and administrative expenses

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—

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—

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(5.0)

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(143.2)

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(148.2)

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Restructuring costs

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—

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—

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—

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(95.4)

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(95.4)

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Gain on disposal activities

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—

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3.6

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—

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—

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3.6

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Impairment of long lived assets

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(10.8)

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(4.4)

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—

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(9.7)

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(24.9)

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Operating income (loss)

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518.4

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105.0

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21.0

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(248.3)

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396.1

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Segment assets

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7,437.3

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2,247.1

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197.8

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718.4

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Gross profit as a % of revenue

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4.9

%  

 

2.8

%

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4.5

%

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Fiscal Year Ended September 30, 2018:

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Revenue

 

$

10,512.3

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$

3,366.0

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$

—

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$

—

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$

13,878.3

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Gross profit

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403.8

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75.2

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—

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—

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479.0

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Equity in earnings of joint ventures

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27.1

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7.0

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15.3

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—

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49.4

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General and administrative expenses

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—

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—

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(11.2)

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(124.6)

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(135.8)

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Operating income (loss)

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430.9

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82.2

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4.1

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(124.6)

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392.6

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Segment assets

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7,119.9

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2,353.2

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140.6

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676.9

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Gross profit as a % of revenue

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3.8

%  

 

2.2

%

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3.5

%

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Geographic Information:

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Fiscal Year Ended

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September 30,

    

September 30,

    

September 30,

Long-Lived Assets

    

2020

    

2019

    

2018

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(in millions)

Americas

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3,733.2

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3,399.1

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3,469.2

Europe, Middle East, Africa

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875.8

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738.8

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745.8

Asia Pacific

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375.3

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272.4

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278.3

Total

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4,984.3

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4,410.3

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4,493.3

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Long-lived assets consist of noncurrent assets excluding deferred tax assets.