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Aecon Group Inc
TSX:ARE

Watchlist Manager
Aecon Group Inc Logo
Aecon Group Inc
TSX:ARE
Watchlist
Price: 36.78 CAD 2.08% Market Closed
Market Cap: CA$2.4B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+56%
5Y
-
10Y
-
Investing Cash Flow
+
3Y
-96%
5Y
-11%
10Y
-
Financing Cash Flow
+
3Y
-50%
5Y
-
10Y
-

Cash Flow Statement
Aecon Group Inc

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Cash Flow Statement
Currency: CAD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
12
14
9
5
0
(9)
(6)
(9)
(19)
(16)
(14)
(15)
(55)
(56)
(55)
(52)
(1)
(4)
(6)
4
12
19
30
36
48
52
57
62
59
58
53
49
44
37
37
54
56
36
29
44
74
73
75
71
94
81
86
83
49
55
29
35
35
46
75
72
114
118
112
102
66
65
57
47
31
26
34
58
67
79
95
97
87
87
56
103
124
118
149
101
74
73
42
36
43
54
104
183
178
181
(31)
(79)
(77)
(119)
41
13
Depreciation & Amortization
11
11
11
10
10
10
10
9
9
8
8
8
8
8
8
8
8
8
8
11
15
18
22
23
22
23
23
24
28
30
38
46
48
51
47
45
48
53
57
60
63
63
61
60
61
63
64
65
63
62
62
63
64
64
66
68
68
70
68
65
64
66
76
86
94
97
98
103
104
99
97
94
94
98
94
89
92
92
94
94
88
88
91
92
94
94
92
88
79
75
74
76
88
95
101
102
Change in Deffered Taxes
3
3
2
1
(6)
(11)
(10)
(12)
(14)
(11)
(12)
(13)
18
23
25
26
5
4
4
3
(2)
(3)
(3)
(3)
1
(4)
5
16
23
26
22
4
(6)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
1
2
2
2
2
2
0
0
0
0
0
0
0
2
2
3
3
1
1
1
1
1
0
0
0
0
0
0
3
7
11
14
14
17
19
19
19
16
15
15
16
14
14
14
13
15
14
15
17
17
18
18
18
18
19
20
20
19
20
13
10
23
9
16
19
25
21
24
25
Other Non-Cash Items
13
13
13
10
(2)
(1)
(1)
2
11
8
14
17
6
4
(1)
(3)
(1)
3
4
3
3
3
(1)
(1)
(4)
(5)
(1)
(2)
0
3
1
2
3
(13)
(14)
(31)
(75)
(72)
(71)
(70)
(29)
(22)
(26)
(21)
(58)
(59)
(64)
(58)
(19)
(15)
(11)
(18)
(30)
(37)
(51)
(39)
(69)
(56)
(34)
(31)
15
19
22
23
14
10
9
7
18
13
11
10
13
13
17
13
(3)
5
(1)
5
10
3
7
3
(10)
(18)
(94)
(226)
(192)
(183)
(132)
(14)
(33)
(25)
(1)
28
Cash Taxes Paid
8
8
8
9
8
7
7
6
5
5
5
5
3
5
4
3
2
1
2
3
3
3
1
1
1
0
0
1
1
1
8
18
21
28
(13)
(35)
48
44
71
95
(24)
(17)
(6)
(20)
10
9
8
7
9
2
2
(0)
(1)
7
7
10
10
3
2
2
3
4
8
5
6
5
3
3
2
(0)
(0)
6
7
29
26
27
20
55
64
68
74
33
34
33
37
23
36
33
39
45
40
38
52
84
76
77
Cash Interest Paid
10
11
10
8
7
8
7
7
7
6
6
6
5
5
5
6
8
9
9
9
8
8
8
8
13
14
13
12
12
11
12
14
15
23
24
31
38
43
49
52
46
42
37
29
35
34
35
41
32
0
0
0
36
0
0
0
26
0
0
0
17
0
0
0
0
13
0
0
38
12
20
33
41
42
41
43
44
43
42
41
40
41
43
46
50
55
58
60
59
45
38
26
23
24
29
33
Change in Working Capital
41
22
4
(26)
(38)
(31)
(22)
(20)
(11)
5
3
10
7
(3)
(33)
(29)
(38)
(27)
(17)
(50)
(29)
(25)
(23)
28
30
35
25
16
34
14
(35)
(85)
(95)
(125)
(108)
(122)
(127)
(43)
52
123
90
22
(14)
(125)
(45)
(36)
(48)
20
41
(7)
(5)
24
5
(32)
(6)
(58)
(55)
(37)
(120)
(70)
(117)
25
(23)
(45)
59
(43)
281
378
180
194
(85)
(267)
4
(4)
13
119
60
24
16
(90)
(204)
(308)
(233)
(209)
(240)
(210)
(311)
(133)
(14)
(42)
289
164
29
40
(171)
(176)
Cash from Operating Activities
79
N/A
63
-21%
39
-38%
(0)
N/A
(37)
-36 600%
(42)
-13%
(29)
+30%
(29)
+0%
(24)
+18%
(6)
+76%
(1)
+75%
7
N/A
(16)
N/A
(25)
-58%
(57)
-131%
(51)
+11%
(28)
+45%
(16)
+44%
(8)
+48%
(29)
-258%
(2)
+94%
12
N/A
25
+109%
85
+237%
98
+15%
102
+4%
109
+7%
115
+5%
144
+25%
131
-9%
79
-40%
16
-80%
(6)
N/A
(55)
-795%
(47)
+15%
(56)
-19%
(98)
-77%
(25)
+74%
66
N/A
158
+138%
197
+25%
136
-31%
97
-29%
(15)
N/A
52
N/A
48
-7%
38
-21%
110
+191%
134
+22%
96
-28%
76
-21%
104
+37%
75
-28%
40
-46%
85
+110%
43
-49%
58
+35%
95
+63%
26
-73%
66
+154%
27
-59%
174
+547%
132
-24%
112
-15%
197
+77%
90
-54%
421
+368%
545
+29%
369
-32%
386
+5%
118
-69%
(66)
N/A
199
N/A
194
-2%
180
-7%
325
+81%
273
-16%
238
-13%
259
+9%
109
-58%
(31)
N/A
(143)
-356%
(94)
+35%
(77)
+18%
(113)
-46%
(79)
+30%
(209)
-164%
(88)
+58%
51
N/A
31
-40%
199
+545%
147
-26%
8
-95%
(9)
N/A
(31)
-251%
(34)
-9%
Investing Cash Flow
Capital Expenditures
(15)
(13)
(8)
(5)
(5)
(5)
(4)
(4)
(2)
(2)
(3)
(4)
(4)
(4)
(3)
(3)
(4)
(3)
(4)
(14)
(42)
(47)
(57)
(55)
(28)
(35)
(35)
(43)
(57)
(68)
(87)
(90)
(124)
(120)
(105)
(99)
(67)
(69)
(97)
(125)
(150)
(132)
(108)
(80)
(53)
(56)
(48)
(49)
(59)
(65)
(70)
(67)
(59)
(59)
(54)
(60)
(53)
(54)
(47)
(35)
(40)
(109)
(118)
(147)
(170)
(115)
(138)
(161)
(215)
(238)
(261)
(249)
(205)
(192)
(154)
(128)
(139)
(119)
(108)
(91)
(42)
(31)
(26)
(36)
(41)
(42)
(43)
(33)
(24)
(30)
(42)
(51)
(53)
(67)
(59)
(56)
Other Items
(14)
(15)
(9)
2
4
3
(2)
(1)
(6)
(15)
(17)
(17)
5
12
0
0
(18)
(18)
(11)
2
(5)
(21)
(21)
(18)
(24)
(6)
(1)
(11)
3
(27)
(135)
(179)
(155)
(122)
(55)
(81)
(86)
(65)
(19)
43
52
21
16
16
(11)
0
(4)
6
16
14
30
29
49
49
73
67
302
307
281
281
20
(302)
(300)
(277)
(273)
61
57
69
254
274
303
299
139
73
53
29
(50)
(3)
(10)
(11)
2
(6)
(17)
(21)
5
18
221
367
385
366
189
(50)
(106)
(106)
(122)
(54)
Cash from Investing Activities
(29)
N/A
(28)
+3%
(17)
+37%
(3)
+82%
(1)
+77%
(1)
-100%
(6)
-321%
(4)
+25%
(8)
-80%
(17)
-115%
(20)
-19%
(21)
-3%
1
N/A
8
+1 043%
(3)
N/A
(3)
+10%
(22)
-711%
(22)
+2%
(14)
+33%
(12)
+17%
(46)
-288%
(68)
-47%
(77)
-14%
(73)
+5%
(52)
+29%
(41)
+21%
(36)
+13%
(53)
-48%
(53)
N/A
(94)
-77%
(222)
-135%
(268)
-21%
(278)
-4%
(242)
+13%
(161)
+34%
(181)
-12%
(153)
+15%
(134)
+12%
(116)
+14%
(83)
+28%
(98)
-18%
(111)
-13%
(92)
+17%
(64)
+31%
(65)
-1%
(55)
+14%
(52)
+6%
(43)
+17%
(43)
N/A
(51)
-17%
(40)
+21%
(38)
+6%
(10)
+74%
(9)
+7%
19
N/A
8
-60%
249
+3 176%
253
+2%
235
-7%
247
+5%
(21)
N/A
(411)
-1 904%
(418)
-2%
(424)
-1%
(443)
-4%
(54)
+88%
(81)
-51%
(92)
-14%
39
N/A
36
-8%
42
+16%
50
+19%
(66)
N/A
(119)
-80%
(102)
+14%
(99)
+2%
(189)
-91%
(122)
+36%
(118)
+3%
(102)
+14%
(40)
+61%
(37)
+5%
(43)
-16%
(56)
-30%
(36)
+36%
(24)
+33%
179
N/A
334
+87%
361
+8%
337
-7%
147
-56%
(101)
N/A
(160)
-58%
(173)
-8%
(181)
-5%
(111)
+39%
Financing Cash Flow
Net Issuance of Common Stock
0
0
32
32
32
33
1
1
1
24
24
25
26
3
4
3
2
29
29
29
27
0
(3)
(3)
(1)
(1)
67
67
67
66
(7)
(7)
(7)
(15)
(8)
(9)
(9)
(5)
(12)
(18)
(18)
(20)
(15)
(8)
(8)
(4)
(10)
(9)
(6)
(2)
6
44
41
38
38
0
(0)
1
1
(0)
(1)
0
0
1
1
0
0
0
0
(1)
(1)
(1)
(7)
(23)
(23)
(23)
(16)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(3)
0
0
(7)
Net Issuance of Debt
(5)
(15)
(39)
(25)
(13)
3
30
30
17
(22)
(18)
(18)
11
31
46
43
22
(5)
19
16
35
65
41
36
44
35
6
19
3
136
167
342
350
235
217
61
183
43
(13)
(15)
(142)
(14)
35
56
(74)
(17)
16
(41)
110
40
2
(60)
(189)
(103)
(119)
(14)
(146)
(211)
(161)
(223)
(32)
353
403
436
345
(51)
(157)
(27)
(55)
(63)
(41)
(164)
(34)
(13)
(16)
(71)
(54)
(85)
(56)
11
(11)
74
152
107
36
68
(102)
(252)
(93)
(243)
(160)
77
(8)
184
231
87
Cash Paid for Dividends
(2)
0
(2)
(2)
(2)
0
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(5)
(10)
(10)
(10)
(10)
(8)
(11)
(11)
(11)
(11)
(11)
(11)
(11)
(11)
(11)
(11)
(12)
(13)
(15)
(16)
(16)
(17)
(17)
(18)
(19)
(19)
(20)
(20)
(21)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
(27)
(28)
(29)
(29)
(30)
(30)
(30)
(30)
(31)
(33)
(34)
(35)
(36)
(37)
(38)
(38)
(39)
(40)
(41)
(42)
(43)
(44)
(44)
(45)
(45)
(45)
(46)
(46)
(46)
(47)
(47)
(47)
(48)
(48)
Other
0
0
1
0
0
0
0
(0)
(0)
(1)
(0)
0
0
0
0
0
3
0
5
6
7
8
3
2
1
1
1
1
1
0
0
0
3
4
3
3
(2)
(2)
(4)
(5)
(3)
0
0
0
0
0
0
0
0
0
1
1
1
2
0
5
5
5
5
1
2
0
3
1
1
0
0
(0)
0
0
1
1
(3)
(4)
(6)
0
0
0
0
0
0
0
0
0
(3)
0
(2)
(3)
(3)
(3)
(1)
0
0
0
0
0
Cash from Financing Activities
(6)
N/A
(14)
-130%
(8)
+40%
6
N/A
17
+180%
34
+98%
30
-12%
29
-2%
16
-44%
1
-95%
6
+638%
7
+14%
37
+448%
34
-9%
50
+49%
46
-8%
27
-41%
23
-13%
52
+124%
51
-3%
70
+37%
74
+6%
41
-44%
35
-16%
44
+25%
32
-27%
68
+111%
76
+13%
60
-21%
192
+220%
150
-22%
327
+118%
336
+3%
212
-37%
201
-5%
44
-78%
161
+268%
25
-85%
(40)
N/A
(49)
-21%
(175)
-259%
(48)
+72%
7
N/A
34
+406%
(97)
N/A
(37)
+62%
(10)
+74%
(67)
-593%
86
N/A
20
-77%
(9)
N/A
(34)
-284%
(167)
-393%
(83)
+50%
(102)
-22%
(30)
+70%
(163)
-442%
(228)
-40%
(180)
+21%
(246)
-37%
(57)
+77%
327
N/A
378
+16%
410
+8%
318
-22%
(79)
N/A
(186)
-137%
(57)
+70%
(85)
-51%
(94)
-10%
(73)
+22%
(197)
-170%
(78)
+60%
(75)
+4%
(81)
-8%
(134)
-65%
(107)
+20%
(122)
-13%
(92)
+24%
(29)
+69%
(52)
-81%
31
N/A
109
+248%
63
-42%
(12)
N/A
22
N/A
(150)
N/A
(301)
-101%
(142)
+53%
(292)
-106%
(208)
+29%
27
N/A
(58)
N/A
133
N/A
180
+35%
32
-82%
Change in Cash
Effect of Foreign Exchange Rates
2
(1)
(2)
(1)
(1)
(4)
(3)
(6)
(6)
(1)
1
(1)
(1)
(2)
(2)
0
(0)
(0)
(1)
(0)
2
1
0
(3)
(5)
(3)
(1)
3
8
8
3
2
(3)
(5)
0
(1)
(0)
(0)
(0)
0
(0)
(0)
(0)
(1)
(0)
0
0
0
0
0
(0)
0
0
0
0
0
(0)
(0)
(0)
0
(0)
(0)
(1)
(2)
1
0
1
2
4
3
3
4
(3)
4
3
(1)
(0)
(9)
(7)
(4)
(2)
(0)
3
6
5
6
2
(1)
(1)
(0)
3
0
3
1
(5)
(3)
Net Change in Cash
46
N/A
20
-56%
11
-48%
2
-86%
(21)
N/A
(13)
+40%
(8)
+36%
(10)
-24%
(21)
-104%
(23)
-11%
(14)
+37%
(8)
+48%
21
N/A
15
-28%
(12)
N/A
(7)
+37%
(23)
-212%
(14)
+40%
29
N/A
10
-67%
23
+144%
19
-18%
(11)
N/A
44
N/A
85
+93%
89
+5%
139
+56%
141
+1%
158
+13%
237
+50%
10
-96%
76
+649%
48
-37%
(89)
N/A
(6)
+93%
(193)
-2 920%
(90)
+53%
(135)
-50%
(89)
+34%
26
N/A
(76)
N/A
(23)
+70%
11
N/A
(45)
N/A
(110)
-143%
(44)
+60%
(24)
+47%
0
N/A
177
+88 550%
66
-63%
27
-59%
32
+22%
(102)
N/A
(52)
+49%
2
N/A
20
+920%
144
+605%
120
-17%
81
-32%
66
-19%
(51)
N/A
90
N/A
90
+0%
96
+6%
73
-24%
(42)
N/A
155
N/A
398
+157%
326
-18%
331
+1%
89
-73%
(210)
N/A
51
N/A
4
-93%
(0)
N/A
91
N/A
(24)
N/A
(14)
+42%
41
N/A
(25)
N/A
(126)
-395%
(149)
-19%
(25)
+83%
(64)
-153%
(155)
-143%
(75)
+52%
(179)
-138%
(55)
+69%
269
N/A
75
-72%
141
+87%
74
-48%
(208)
N/A
(48)
+77%
(37)
+23%
(115)
-211%
Free Cash Flow
Free Cash Flow
64
N/A
50
-22%
30
-39%
(5)
N/A
(42)
-670%
(46)
-11%
(33)
+28%
(33)
+2%
(25)
+23%
(7)
+71%
(5)
+38%
3
N/A
(19)
N/A
(29)
-47%
(60)
-109%
(54)
+11%
(31)
+41%
(19)
+40%
(12)
+37%
(43)
-265%
(43)
-1%
(35)
+20%
(31)
+9%
30
N/A
70
+131%
66
-4%
74
+12%
72
-3%
87
+21%
64
-27%
(8)
N/A
(74)
-864%
(130)
-75%
(174)
-34%
(152)
+13%
(155)
-2%
(165)
-7%
(94)
+43%
(31)
+67%
32
N/A
47
+46%
5
-90%
(11)
N/A
(95)
-767%
(2)
+98%
(8)
-413%
(10)
-31%
61
N/A
75
+24%
31
-59%
6
-82%
37
+580%
16
-58%
(18)
N/A
31
N/A
(17)
N/A
5
N/A
41
+672%
(21)
N/A
31
N/A
(13)
N/A
66
N/A
14
-79%
(35)
N/A
28
N/A
(25)
N/A
284
N/A
384
+35%
154
-60%
148
-4%
(143)
N/A
(315)
-120%
(7)
+98%
2
N/A
25
+1 226%
197
+682%
134
-32%
120
-11%
151
+26%
18
-88%
(73)
N/A
(174)
-139%
(120)
+31%
(113)
+6%
(154)
-37%
(121)
+21%
(252)
-108%
(121)
+52%
27
N/A
1
-96%
157
+13 959%
96
-39%
(46)
N/A
(76)
-67%
(90)
-18%
(90)
+0%

See Also

Summary
ARE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ARE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ARE stock valuation using valuation multiples.
Wall Street Estimates
ARE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ARE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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