Aecon Group Inc. (TSX:ARE)

Revenue Breakdown

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	5.62B	5.43B	4.23B
Construction Revenue Growth	3.58%	28.28%	-7.43%
Concessions Revenue	8.31M	7.55M	12.04M
Concessions Revenue Growth	10.01%	-37.26%	-83.63%
Revenue (Other)	1,000.00	-3.00K	1,000.00
Revenue (Total)	5.63B	5.43B	4.24B
Revenue (Total) Growth	3.59%	28.09%	-8.64%

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	-	4.60B	3.80B
Canada Revenue Growth	-	21.22%	-11.61%
USA Revenue	-	626.50M	325.31M
USA Revenue Growth	-	92.58%	89.12%
International Revenue	-	206.35M	121.18M
International Revenue Growth	-	70.28%	-31.55%
Revenue (Total)	5.63B	5.43B	4.24B
Revenue (Total) Growth	3.59%	28.09%	-8.64%

Revenue Breakdown 2

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	1.72B	1.73B	1.64B
Fixed Price Revenue Growth	-0.32%	5.06%	-15.74%
Cost Plus/Unit Price Revenue	3.90B	3.70B	2.59B
Cost Plus/Unit Price Revenue Growth	5.41%	43.05%	-1.24%
Concession Operations Revenue	8.31M	7.55M	12.04M
Concession Operations Revenue Growth	10.01%	-37.26%	-83.63%
Revenue (Total)	5.63B	5.43B	4.24B
Revenue (Total) Growth	3.59%	28.09%	-8.64%

Adjusted EBITDA

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	263.50M	220.40M	34.20M
Construction Adjusted EBITDA Growth	19.55%	544.44%	-65.59%
Concessions Adjusted EBITDA	50.20M	56.80M	86.90M
Concessions Adjusted EBITDA Growth	-11.62%	-34.64%	-3.34%
Eliminations from Adjusted EBITDA	-50.70M	-42.70M	-38.50M
Operating Income (Total)	119.77M	87.10M	-60.05M
Operating Income (Total) Growth	37.51%	-	-

EBIT

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	169.27M	127.38M	-55.03M
Construction Operating Profit Growth	32.88%	-	-
Concessions Operating Profit	1.30M	3.20M	24.22M
Concessions Operating Profit Growth	-59.44%	-86.78%	-86.09%
Eliminations from Operating Profit	-50.80M	-43.49M	-29.24M
Operating Income (Total)	119.77M	87.10M	-60.05M
Operating Income (Total) Growth	37.51%	-	-

Assets

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	4.13B	4.12B	3.41B
Construction Segment Assets Growth	0.14%	21.01%	27.51%
Concessions Segment Assets	360.47M	367.12M	404.45M
Concessions Segment Assets Growth	-1.81%	-9.23%	75.88%
Eliminations from Segment Assets	-446.01M	-501.48M	-586.80M

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	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	Mar 31, 2026	Dec 31, 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	10.83B	10.69B	6.55B
Construction Backlog Growth	1.30%	63.24%	8.23%
Concessions Backlog	21.00M	20.00M	111.00M
Concessions Backlog Growth	5.00%	-81.98%	6.73%
Consolidated Backlog	10.85B	10.71B	6.66B
Consolidated Backlog Growth	1.31%	60.82%	8.20%
Backlog Estimed Duration - Next 12 Months	3.94B	3.63B	3.00B
Backlog Estimed Duration - Next 12 Months Growth	8.62%	20.87%	12.55%
Backlog Estimed Duration - Next 13 to 24 Months	2.14B	2.10B	1.28B
Backlog Estimed Duration - Next 13 to 24 Months Growth	2.00%	63.32%	-1.91%
Backlog Estimed Duration - Beyond 24 Months	4.77B	4.99B	2.37B
Backlog Estimed Duration - Beyond 24 Months Growth	-4.31%	110.02%	8.95%
LTM Recurring Revenue	944.00M	926.00M	1.02B
LTM Recurring Revenue Growth	1.94%	-9.04%	-

Updated Apr 28, 2026. Data Source: Fiscal.ai.