Aecon Group Past Earnings Performance
Past criteria checks 3/6
Aecon Group's earnings have been declining at an average annual rate of -22.1%, while the Construction industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 4.9% per year. Aecon Group's return on equity is 2.8%, and it has net margins of 0.5%.
Key information
-22.10%
Earnings growth rate
-22.48%
EPS growth rate
| Construction Industry Growth | 9.49% |
| Revenue growth rate | 4.93% |
| Return on equity | 2.75% |
| Net Margin | 0.51% |
| Next Earnings Update | 29 Oct 2025 |
Recent past performance updates
Recent updates
We Think That There Are Issues Underlying Aecon Group's (TSE:ARE) Earnings
Aug 08
Aecon Group (TSE:ARE) Will Pay A Dividend Of CA$0.19
Aug 05Investors Still Aren't Entirely Convinced By Aecon Group Inc.'s (TSE:ARE) Revenues Despite 26% Price Jump
May 27
Backlog And New Projects Will Unlock US Market Opportunities
The strong backlog and strategic focus on high-margin sectors position Aecon for potential revenue growth and improved margins as key projects transition to execution.CA$26.36: That's What Analysts Think Aecon Group Inc. (TSE:ARE) Is Worth After Its Latest Results
Mar 08Cautious Investors Not Rewarding Aecon Group Inc.'s (TSE:ARE) Performance Completely
Mar 06Does Aecon Group (TSE:ARE) Have A Healthy Balance Sheet?
Jan 24Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.19
Dec 15Aecon Group Inc.'s (TSE:ARE) Shares Leap 30% Yet They're Still Not Telling The Full Story
Nov 15Aecon Group's (TSE:ARE) Dividend Will Be CA$0.19
Jun 08This Is Why Aecon Group Inc.'s (TSE:ARE) CEO Compensation Looks Appropriate
May 29Concerns Surrounding Aecon Group's (TSE:ARE) Performance
Mar 12Aecon Group (TSE:ARE) Has Announced A Dividend Of CA$0.185
Aug 29Revenue & Expenses Breakdown
How Aecon Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 25 | 4,906 | 25 | 229 | 0 |
| 31 Mar 25 | 4,458 | -91 | 215 | 0 |
| 31 Dec 24 | 4,243 | -60 | 213 | 0 |
| 30 Sep 24 | 4,106 | -64 | 204 | 0 |
| 30 Jun 24 | 4,070 | 13 | 181 | 0 |
| 31 Mar 24 | 4,383 | 165 | 176 | 0 |
| 31 Dec 23 | 4,644 | 162 | 178 | 0 |
| 30 Sep 23 | 4,780 | 172 | 174 | 0 |
| 30 Jun 23 | 4,861 | 73 | 188 | 0 |
| 31 Mar 23 | 4,818 | 38 | 198 | 0 |
| 31 Dec 22 | 4,696 | 30 | 196 | 0 |
| 30 Sep 22 | 4,518 | 23 | 189 | 0 |
| 30 Jun 22 | 4,361 | 27 | 189 | 0 |
| 31 Mar 22 | 4,209 | 51 | 181 | 0 |
| 31 Dec 21 | 3,977 | 50 | 175 | 0 |
| 30 Sep 21 | 3,966 | 70 | 178 | 0 |
| 30 Jun 21 | 3,842 | 105 | 174 | 0 |
| 31 Mar 21 | 3,650 | 81 | 170 | 0 |
| 31 Dec 20 | 3,644 | 88 | 173 | 0 |
| 30 Sep 20 | 3,484 | 76 | 181 | 0 |
| 30 Jun 20 | 3,470 | 45 | 184 | 0 |
| 31 Mar 20 | 3,558 | 71 | 190 | 0 |
| 31 Dec 19 | 3,460 | 73 | 183 | 0 |
| 30 Sep 19 | 3,492 | 81 | 175 | 0 |
| 30 Jun 19 | 3,486 | 80 | 177 | 0 |
| 31 Mar 19 | 3,373 | 68 | 175 | 0 |
| 31 Dec 18 | 3,266 | 59 | 179 | 0 |
| 30 Sep 18 | 3,003 | 52 | 181 | 0 |
| 30 Jun 18 | 2,743 | 35 | 184 | 0 |
| 31 Mar 18 | 2,674 | 27 | 185 | 0 |
| 31 Dec 17 | 2,806 | 28 | 187 | 0 |
| 30 Sep 17 | 2,966 | 36 | 186 | 0 |
| 30 Jun 17 | 3,044 | 39 | 182 | 0 |
| 31 Mar 17 | 3,197 | 45 | 182 | 0 |
| 31 Dec 16 | 3,213 | 47 | 178 | 0 |
| 30 Sep 16 | 3,242 | 65 | 177 | 0 |
| 30 Jun 16 | 3,279 | 64 | 174 | 0 |
| 31 Mar 16 | 3,107 | 69 | 173 | 0 |
| 31 Dec 15 | 2,918 | 69 | 173 | 0 |
| 30 Sep 15 | 2,766 | 50 | 172 | 0 |
| 30 Jun 15 | 2,731 | 64 | 167 | 0 |
| 31 Mar 15 | 2,654 | 39 | 167 | 0 |
| 31 Dec 14 | 2,614 | 30 | 167 | 0 |
| 30 Sep 14 | 2,798 | 30 | 157 | 0 |
Quality Earnings: ARE has a large one-off gain of CA$11.0M impacting its last 12 months of financial results to 30th June, 2025.
Growing Profit Margin: ARE's current net profit margins (0.5%) are higher than last year (0.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARE's earnings have declined by 22.1% per year over the past 5 years.
Accelerating Growth: ARE's earnings growth over the past year (90.2%) exceeds its 5-year average (-22.1% per year).
Earnings vs Industry: ARE earnings growth over the past year (90.2%) exceeded the Construction industry 33.6%.
Return on Equity
High ROE: ARE's Return on Equity (2.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/23 18:51 |
| End of Day Share Price | 2025/09/23 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Aecon Group Inc. is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Murray | ATB Capital Markets |
| Gareth Tingling | Beacon Securities Limited |
| null null | BMO Capital Markets Equity Research |