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Side-by-side financial comparison of AECOM (ACM) and Aflac (AFL). Click either name above to swap in a different company.

Aflac is the larger business by last-quarter revenue ($4.3B vs $3.8B, roughly 1.1× AECOM). Aflac runs the higher net margin — 23.4% vs 1.9%, a 21.5% gap on every dollar of revenue. On growth, Aflac posted the faster year-over-year revenue change (27.9% vs 1.6%). Over the past eight quarters, AECOM's revenue compounded faster (-1.4% CAGR vs -8.0%).

AECOM is an American multinational infrastructure consulting firm headquartered in Dallas, Texas.

Aflac Incorporated is an American insurance company and is the largest provider of supplemental insurance in the United States. It was founded in 1955 and is based in Columbus, Georgia. In the U.S., it underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide".

ACM vs AFL — Head-to-Head

Bigger by revenue
AFL
AFL
1.1× larger
AFL
$4.3B
$3.8B
ACM
Growing faster (revenue YoY)
AFL
AFL
+26.3% gap
AFL
27.9%
1.6%
ACM
Higher net margin
AFL
AFL
21.5% more per $
AFL
23.4%
1.9%
ACM
Faster 2-yr revenue CAGR
ACM
ACM
Annualised
ACM
-1.4%
-8.0%
AFL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ACM
ACM
AFL
AFL
Revenue
$3.8B
$4.3B
Net Profit
$74.5M
$1.0B
Gross Margin
7.3%
Operating Margin
5.8%
Net Margin
1.9%
23.4%
Revenue YoY
1.6%
27.9%
Net Profit YoY
-48.0%
EPS (diluted)
$0.56
$1.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACM
ACM
AFL
AFL
Q1 26
$3.8B
$4.3B
Q4 25
$4.9B
Q3 25
$4.2B
$4.7B
Q2 25
$4.2B
$4.2B
Q1 25
$3.8B
$3.4B
Q4 24
$4.0B
$5.4B
Q3 24
$4.1B
$2.9B
Q2 24
$4.2B
$5.1B
Net Profit
ACM
ACM
AFL
AFL
Q1 26
$74.5M
$1.0B
Q4 25
$1.4B
Q3 25
$120.4M
$1.6B
Q2 25
$131.0M
$599.0M
Q1 25
$143.4M
$29.0M
Q4 24
$167.0M
$1.9B
Q3 24
$172.5M
$-93.0M
Q2 24
$134.3M
$1.8B
Gross Margin
ACM
ACM
AFL
AFL
Q1 26
7.3%
Q4 25
Q3 25
7.9%
Q2 25
7.8%
Q1 25
7.7%
Q4 24
6.7%
Q3 24
7.2%
Q2 24
6.9%
Operating Margin
ACM
ACM
AFL
AFL
Q1 26
5.8%
Q4 25
32.3%
Q3 25
5.7%
42.1%
Q2 25
7.0%
19.8%
Q1 25
6.8%
4.3%
Q4 24
5.9%
39.5%
Q3 24
5.8%
3.1%
Q2 24
5.5%
39.3%
Net Margin
ACM
ACM
AFL
AFL
Q1 26
1.9%
23.4%
Q4 25
28.3%
Q3 25
2.9%
34.6%
Q2 25
3.1%
14.4%
Q1 25
3.8%
0.9%
Q4 24
4.2%
35.2%
Q3 24
4.2%
-3.2%
Q2 24
3.2%
34.2%
EPS (diluted)
ACM
ACM
AFL
AFL
Q1 26
$0.56
$1.98
Q4 25
$2.58
Q3 25
$0.90
$3.08
Q2 25
$0.98
$1.11
Q1 25
$1.08
$0.05
Q4 24
$1.25
$3.45
Q3 24
$1.27
$-0.17
Q2 24
$0.98
$3.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACM
ACM
AFL
AFL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$5.1B
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$2.2B
$30.0B
Total Assets
$11.9B
$116.3B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACM
ACM
AFL
AFL
Q1 26
$1.2B
$5.1B
Q4 25
$6.2B
Q3 25
$1.6B
$6.8B
Q2 25
$1.8B
$7.0B
Q1 25
$1.6B
$5.2B
Q4 24
$1.6B
$6.2B
Q3 24
$1.6B
$5.6B
Q2 24
$1.6B
$6.1B
Total Debt
ACM
ACM
AFL
AFL
Q1 26
$2.6B
Q4 25
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
Stockholders' Equity
ACM
ACM
AFL
AFL
Q1 26
$2.2B
$30.0B
Q4 25
$29.5B
Q3 25
$2.5B
$28.7B
Q2 25
$2.5B
$27.2B
Q1 25
$2.3B
$26.3B
Q4 24
$2.2B
$26.1B
Q3 24
$2.2B
$24.8B
Q2 24
$2.3B
$26.0B
Total Assets
ACM
ACM
AFL
AFL
Q1 26
$11.9B
$116.3B
Q4 25
$116.5B
Q3 25
$12.2B
$122.3B
Q2 25
$12.3B
$124.7B
Q1 25
$11.8B
$120.3B
Q4 24
$11.8B
$117.6B
Q3 24
$12.1B
$128.4B
Q2 24
$12.0B
$120.2B
Debt / Equity
ACM
ACM
AFL
AFL
Q1 26
1.18×
Q4 25
Q3 25
1.06×
Q2 25
0.99×
Q1 25
1.07×
Q4 24
1.11×
Q3 24
1.12×
Q2 24
1.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACM
ACM
AFL
AFL
Operating Cash FlowLast quarter
$70.2M
Free Cash FlowOCF − Capex
$41.9M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$616.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACM
ACM
AFL
AFL
Q1 26
$70.2M
Q4 25
$315.0M
Q3 25
$196.1M
$1.3B
Q2 25
$283.7M
$399.0M
Q1 25
$190.7M
$589.0M
Q4 24
$151.1M
$333.0M
Q3 24
$298.8M
$1.3B
Q2 24
$291.3M
$255.0M
Free Cash Flow
ACM
ACM
AFL
AFL
Q1 26
$41.9M
Q4 25
Q3 25
$134.1M
Q2 25
$261.7M
Q1 25
$178.3M
Q4 24
$110.9M
Q3 24
$274.5M
Q2 24
$272.8M
FCF Margin
ACM
ACM
AFL
AFL
Q1 26
1.1%
Q4 25
Q3 25
3.2%
Q2 25
6.3%
Q1 25
4.7%
Q4 24
2.8%
Q3 24
6.7%
Q2 24
6.6%
Capex Intensity
ACM
ACM
AFL
AFL
Q1 26
0.7%
Q4 25
Q3 25
1.5%
Q2 25
0.5%
Q1 25
0.3%
Q4 24
1.0%
Q3 24
0.6%
Q2 24
0.4%
Cash Conversion
ACM
ACM
AFL
AFL
Q1 26
0.94×
Q4 25
0.23×
Q3 25
1.63×
0.76×
Q2 25
2.17×
0.67×
Q1 25
1.33×
20.31×
Q4 24
0.90×
0.18×
Q3 24
1.73×
Q2 24
2.17×
0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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