Aecon Group Inc. (TSX:ARE)

Revenue Breakdown

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Construction Revenue	5.15B	4.23B	4.57B
Construction Revenue Growth	21.74%	-7.43%	-1.09%
Concessions Revenue	9.99M	12.04M	73.53M
Concessions Revenue Growth	-17.01%	-83.63%	-3.14%
Revenue (Total)	5.16B	4.24B	4.64B
Revenue (Total) Growth	21.63%	-8.64%	-1.12%

Revenue by Geography

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Canada Revenue	-	3.80B	4.29B
Canada Revenue Growth	-	-11.61%	-4.73%
USA Revenue	-	325.31M	172.01M
USA Revenue Growth	-	89.12%	71.96%
International Revenue	-	121.18M	177.04M
International Revenue Growth	-	-31.55%	100.13%
Revenue (Total)	5.16B	4.24B	4.64B
Revenue (Total) Growth	21.63%	-8.64%	-1.12%

Revenue Breakdown 2

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Fixed Price Revenue	1.74B	1.64B	1.95B
Fixed Price Revenue Growth	5.88%	-15.74%	-17.97%
Cost Plus/Unit Price Revenue	3.41B	2.59B	2.62B
Cost Plus/Unit Price Revenue Growth	31.83%	-1.24%	16.85%
Concession Operations Revenue	9.99M	12.04M	73.53M
Concession Operations Revenue Growth	-17.01%	-83.63%	-3.14%
Revenue (Total)	5.16B	4.24B	4.64B
Revenue (Total) Growth	21.63%	-8.64%	-1.12%

Adjusted EBITDA

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Construction Adjusted EBITDA	192.30M	34.20M	99.40M
Construction Adjusted EBITDA Growth	462.28%	-65.59%	-48.36%
Concessions Adjusted EBITDA	61.10M	86.90M	89.90M
Concessions Adjusted EBITDA Growth	-29.69%	-3.34%	26.62%
Eliminations from Adjusted EBITDA	-39.60M	-38.50M	-45.80M
Operating Income (Total)	52.50M	-60.05M	240.91M
Operating Income (Total) Growth	-	-	147.97%

EBIT

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Construction Operating Profit	88.32M	-55.03M	59.04M
Construction Operating Profit Growth	-	-	-51.16%
Concessions Operating Profit	3.88M	24.22M	174.07M
Concessions Operating Profit Growth	-83.99%	-86.09%	686.43%
Eliminations from Operating Profit	-39.70M	-29.24M	7.81M
Operating Income (Total)	52.50M	-60.05M	240.91M
Operating Income (Total) Growth	-	-	147.97%

Assets

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Construction Segment Assets	3.85B	3.41B	2.67B
Construction Segment Assets Growth	12.83%	27.50%	-9.02%
Concessions Segment Assets	366.02M	404.45M	229.96M
Concessions Segment Assets Growth	-9.50%	75.88%	-68.14%
Eliminations from Segment Assets	-472.37M	-586.80M	292.36M

Key Performance Indicators

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013
Construction Backlog	10.76B	6.55B	6.05B
Construction Backlog Growth	64.20%	8.23%	-2.32%
Concessions Backlog	20.00M	111.00M	104.00M
Concessions Backlog Growth	-81.98%	6.73%	5.05%
Consolidated Backlog	10.78B	6.66B	6.16B
Consolidated Backlog Growth	61.77%	8.20%	-2.21%
Backlog Estimed Duration - Next 12 Months	3.71B	3.00B	2.67B
Backlog Estimed Duration - Next 12 Months Growth	23.60%	12.55%	-12.06%
Backlog Estimed Duration - Next 13 to 24 Months	1.70B	1.28B	1.31B
Backlog Estimed Duration - Next 13 to 24 Months Growth	32.40%	-1.91%	-29.36%
Backlog Estimed Duration - Beyond 24 Months	5.36B	2.37B	2.18B
Backlog Estimed Duration - Beyond 24 Months Growth	125.95%	8.95%	54.76%

Updated Sep 30, 2025. Data Source: Fiscal.ai.