Aecon Group (ARE.TO) Stock Price

Aecon Group Price

TSX·CLOSED
46.45CAD-0.04 (-0.09 %)
Market closed

Over the last 19 years Aecon Group grew revenue by 8.7% annually, reaching 5.43 B CAD. Earnings per share have declined at 0.5% per year over the last 19 years. For Aecon Group, the net margin of 0.3% is broadly stable versus 1.2% a few years ago. At today's price the dividend yield works out to roughly 1.64%. The payout ratio is around 335% of earnings. The dividend has grown at 14.2% per year over the past 18 years. The consensus 12-month price target for Aecon Group is 35.70 CAD, about 23.1% below where the stock trades today. Of 15 analysts, 6 rate the stock a buy — an overall Hold consensus. The stock trades about 132% above its 52-week low.

Aecon Group stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Aecon Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Aecon Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Aecon Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Aecon Group Stock Price History
DateAecon Group Price
8/14/202646.45 CAD
8/13/202646.49 CAD
8/12/202644.77 CAD
8/11/202645.40 CAD
8/10/202644.93 CAD
8/7/202646.64 CAD
8/6/202647.64 CAD
8/5/202647.91 CAD
8/4/202648.06 CAD
7/31/202645.23 CAD
7/30/202644.78 CAD
7/29/202645.57 CAD
7/27/202649.15 CAD
7/23/202651.82 CAD
7/22/202651.54 CAD
7/21/202652.31 CAD
7/20/202650.39 CAD
7/17/202653.93 CAD
7/16/202652.51 CAD
7/15/202654.18 CAD
7/14/202649.68 CAD
7/13/202648.15 CAD
7/10/202648.62 CAD
7/9/202649.34 CAD
7/8/202649.38 CAD
7/7/202649.83 CAD
7/6/202652.18 CAD
7/3/202651.74 CAD
7/2/202648.35 CAD
6/30/202645.52 CAD
6/29/202644.67 CAD
6/26/202644.06 CAD
6/25/202643.76 CAD
6/24/202644.09 CAD
6/23/202644.66 CAD
6/22/202644.82 CAD
6/19/202644.13 CAD
6/18/202643.31 CAD
6/17/202644.53 CAD
6/16/202645.07 CAD
6/15/202643.44 CAD
6/12/202642.95 CAD
6/11/202643.33 CAD
6/10/202645.03 CAD
6/9/202644.92 CAD
6/8/202645.00 CAD
6/5/202645.54 CAD
6/4/202645.06 CAD
6/3/202644.24 CAD
6/2/202645.21 CAD
6/1/202644.38 CAD
5/29/202644.83 CAD
5/28/202646.10 CAD
5/27/202646.55 CAD
5/26/202646.08 CAD
5/25/202646.08 CAD
5/22/202645.83 CAD
5/21/202645.19 CAD
5/20/202647.39 CAD
5/19/202648.29 CAD
5/15/202650.73 CAD
5/14/202649.77 CAD
5/13/202649.85 CAD
5/12/202650.08 CAD
5/11/202653.00 CAD
5/8/202653.04 CAD
5/7/202655.08 CAD
5/6/202656.85 CAD
5/5/202654.99 CAD
5/4/202654.47 CAD
5/1/202651.76 CAD
4/30/202649.96 CAD
4/29/202649.97 CAD
4/28/202648.10 CAD
4/27/202649.13 CAD
4/24/202647.55 CAD
4/23/202647.51 CAD
4/22/202646.47 CAD
4/21/202645.76 CAD
4/20/202646.15 CAD
4/17/202646.70 CAD
4/16/202646.33 CAD
4/15/202646.73 CAD
4/14/202646.63 CAD
4/13/202646.14 CAD
4/10/202646.00 CAD
4/9/202645.65 CAD
4/8/202643.52 CAD
4/7/202642.03 CAD
4/6/202642.76 CAD
4/2/202642.65 CAD
4/1/202642.20 CAD
3/31/202641.81 CAD
3/30/202641.43 CAD
3/27/202641.79 CAD
3/26/202642.10 CAD
3/25/202643.74 CAD
3/24/202642.46 CAD
3/23/202642.38 CAD
3/20/202642.06 CAD
3/19/202642.63 CAD
3/18/202642.51 CAD
3/17/202642.60 CAD
3/16/202641.26 CAD
3/13/202640.24 CAD
3/12/202639.91 CAD
3/11/202641.45 CAD
3/10/202641.93 CAD
3/9/202640.78 CAD
3/6/202640.41 CAD
3/5/202637.58 CAD
3/4/202637.33 CAD
3/3/202638.06 CAD
3/2/202639.41 CAD
2/27/202638.01 CAD
2/26/202638.59 CAD
2/25/202637.94 CAD
2/24/202637.38 CAD
2/23/202636.78 CAD
2/20/202637.71 CAD
2/19/202638.22 CAD
2/18/202637.61 CAD
2/17/202637.10 CAD
2/13/202636.03 CAD
2/12/202635.42 CAD
2/11/202636.69 CAD
2/10/202636.77 CAD
2/9/202637.87 CAD
2/6/202637.29 CAD
2/5/202634.77 CAD
2/4/202635.43 CAD
2/3/202636.02 CAD
2/2/202635.49 CAD
1/30/202635.30 CAD
1/29/202635.74 CAD
1/28/202635.58 CAD
1/27/202634.80 CAD
1/26/202633.74 CAD
1/23/202633.88 CAD
1/22/202634.35 CAD
1/21/202633.99 CAD
1/20/202634.01 CAD
1/19/202634.18 CAD
1/16/202633.81 CAD
1/15/202633.16 CAD
1/14/202632.02 CAD
1/13/202633.21 CAD
1/12/202632.46 CAD
1/9/202631.87 CAD
1/8/202631.07 CAD
1/7/202631.87 CAD
1/6/202631.78 CAD
1/5/202631.97 CAD
1/2/202631.52 CAD
12/31/202531.28 CAD
12/30/202531.21 CAD
12/29/202532.11 CAD
12/24/202531.63 CAD
12/23/202531.95 CAD
12/22/202531.85 CAD
12/19/202531.40 CAD
12/18/202530.85 CAD
12/17/202530.41 CAD
12/16/202531.49 CAD
12/15/202531.16 CAD
12/12/202530.94 CAD
12/11/202531.11 CAD
12/10/202531.23 CAD
12/9/202531.96 CAD
12/8/202530.94 CAD
12/5/202529.82 CAD
12/4/202528.42 CAD
12/3/202527.80 CAD
12/2/202527.87 CAD
12/1/202528.24 CAD
11/28/202527.28 CAD
11/27/202527.09 CAD
11/26/202527.26 CAD
11/25/202526.49 CAD
11/24/202525.61 CAD
11/21/202525.53 CAD
11/20/202525.65 CAD
11/19/202526.85 CAD
11/18/202525.83 CAD
11/17/202525.42 CAD
11/14/202526.37 CAD
11/13/202526.52 CAD
11/12/202527.37 CAD
11/11/202528.41 CAD
11/10/202528.56 CAD
11/7/202529.12 CAD
11/6/202529.50 CAD
11/5/202530.21 CAD
11/4/202529.00 CAD
11/3/202530.95 CAD
10/31/202530.92 CAD
10/30/202532.18 CAD
10/29/202530.05 CAD
10/28/202529.21 CAD
10/27/202527.41 CAD
10/24/202528.49 CAD
10/23/202525.37 CAD
10/22/202524.66 CAD
10/21/202524.78 CAD
10/20/202524.59 CAD
10/17/202524.49 CAD
10/16/202524.45 CAD
10/15/202524.78 CAD
10/14/202524.74 CAD
10/10/202524.38 CAD
10/9/202524.89 CAD
10/8/202524.95 CAD
10/7/202524.85 CAD
10/6/202525.05 CAD
10/3/202525.06 CAD
10/2/202524.58 CAD
10/1/202525.01 CAD
9/30/202523.82 CAD
9/29/202523.21 CAD
9/26/202522.58 CAD
9/25/202522.74 CAD
9/24/202522.54 CAD
9/23/202522.36 CAD
9/22/202523.17 CAD
9/19/202523.42 CAD
9/18/202523.76 CAD
9/17/202523.64 CAD
9/16/202524.23 CAD
9/15/202524.10 CAD
9/12/202523.70 CAD
9/11/202523.86 CAD
9/10/202521.78 CAD
9/9/202520.99 CAD
9/8/202520.83 CAD
9/5/202521.16 CAD
9/4/202520.93 CAD
9/3/202520.40 CAD
9/2/202520.04 CAD
8/29/202520.41 CAD
8/28/202520.57 CAD
8/27/202520.43 CAD
8/26/202520.43 CAD
8/25/202520.29 CAD
8/22/202520.60 CAD
8/21/202520.35 CAD
8/20/202520.03 CAD
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Aecon Group Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
3.98 B CAD
66.94 M CAD
49.68 M CAD
Jan 1, 2022
4.70 B CAD
97.15 M CAD
30.38 M CAD
Jan 1, 2023
4.64 B CAD
240.91 M CAD
161.89 M CAD
Jan 1, 2024
4.24 B CAD
-60.05 M CAD
-59.52 M CAD
Jan 1, 2025
5.43 B CAD
43.00 M CAD
15.16 M CAD
Jan 1, 2026 (e)
6.35 B CAD
23.76 M CAD
101.76 M CAD
Jan 1, 2027 (e)
6.77 B CAD
25.35 M CAD
139.90 M CAD
Jan 1, 2028 (e)
6.80 B CAD
26.72 M CAD
144.35 M CAD

Aecon Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 20, 2026, 8:16 AM
 
REVENUEB CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM CAD
EBITM CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
DIV.CAD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
3.072.612.923.212.813.273.463.643.984.704.644.245.436.356.776.80
6.27-14.8011.6310.11-12.7016.435.945.299.1718.08-1.13-8.6428.1016.916.500.50
8.8010.3710.219.9311.3710.9310.618.548.257.565.494.295.285.285.285.28
270.00271.00298.00319.00319.00357.00367.00311.00328.00355.00255.00182.00287.00335.54357.35359.15
59.0063.00142.0087.0053.0089.00127.00149.0066.0097.00240.00-60.0042.0023.0025.0026.00
1.922.414.872.711.892.733.674.091.662.075.17-1.410.770.360.370.38
40.0030.0068.0046.0028.0059.0072.0088.0049.0030.00161.00-59.0015.00101.00139.00144.00
-48.05-25.00126.67-32.35-39.13110.7122.0322.22-44.32-38.78436.67-136.65-125.42573.3337.623.60
0.320.360.400.460.500.500.580.640.700.740.740.760.760.770.800.82
14.2912.5011.1115.008.70–16.0010.349.375.71–2.70–1.323.902.50
58.8673.3370.1567.6663.8867.9765.1669.5363.5475.7264.6366.7966.7766.7766.7766.77
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Aecon Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Aecon Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Aecon Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Aecon Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Aecon Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Aecon Group stock margins

The Aecon Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Aecon Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Aecon Group.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
8.25 %
1.68 %
1.25 %
Jan 1, 2022
7.58 %
2.07 %
0.65 %
Jan 1, 2023
5.50 %
5.19 %
3.49 %
Jan 1, 2024
4.30 %
-1.42 %
-1.40 %
Jan 1, 2025
5.29 %
0.79 %
0.28 %
Jan 1, 2026 (e)
5.29 %
0.37 %
1.60 %
Jan 1, 2027 (e)
5.29 %
0.37 %
2.07 %
Jan 1, 2028 (e)
5.29 %
0.39 %
2.12 %

Aecon Group Stock Revenue, EBIT, Earnings per Share

The Aecon Group earnings per share therefore indicates how much revenue Aecon Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
62.59 CAD
1.05 CAD
0.78 CAD
Jan 1, 2022
62.03 CAD
1.28 CAD
0.40 CAD
Jan 1, 2023
71.85 CAD
3.73 CAD
2.50 CAD
Jan 1, 2024
63.53 CAD
-0.90 CAD
-0.89 CAD
Jan 1, 2025
81.39 CAD
0.64 CAD
0.23 CAD
Jan 1, 2026 (e)
96.39 CAD
0.36 CAD
1.54 CAD
Jan 1, 2027 (e)
102.65 CAD
0.38 CAD
2.12 CAD
Jan 1, 2028 (e)
103.16 CAD
0.40 CAD
2.19 CAD

Aecon Group business model & stock analysis

The Aecon Group Inc is a leading Canadian company in the construction and infrastructure field. The company was founded in 1957 and is headquartered in Toronto. It employs over 12,000 employees and has branches throughout Canada. The company specializes in the construction of refineries, chemical plants, power plants, and other infrastructure projects. It also operates in the mining and energy sectors. The Aecon Group Inc focuses on providing high-quality construction services and infrastructure services, and it values innovation, technology, and close collaboration with customers and partners. It offers a wide range of services, including design, engineering, and environmental and health and safety services. It also produces and distributes construction materials and equipment. Overall, the Aecon Group Inc aims to meet the needs of its customers and the communities in which it operates.

Aecon Group SWOT Analysis

Strengths

Aecon Group Inc is one of Canada's largest construction companies, providing a wide range of services including infrastructure development, industrial construction, and concessions.

The company has a strong reputation for delivering high-quality projects on time and within budget, which has contributed to its long-standing relationships with clients and partners.

Aecon's diverse portfolio allows it to participate in various sectors, mitigating risks associated with reliance on a single market or industry.

Weaknesses

One weakness of Aecon is its dependence on government contracts, as a significant portion of its revenue comes from public infrastructure projects. This reliance exposes the company to potential budget cuts or delays in government spending.

The company's large scale, complex projects also pose challenges in terms of project management and cost control, which can impact profitability.

Opportunities

Aecon can take advantage of the growing demand for infrastructure development in Canada, driven by population growth and the need for updated transportation systems and utilities.

The company can also explore opportunities in the renewable energy sector, as there is increasing interest in constructing sustainable projects such as wind farms and solar power plants.

Aecon's expertise in project management and construction could allow it to expand internationally, tapping into markets where there is a need for infrastructure development.

Threats

One significant threat to Aecon is the potential for economic downturns, which can lead to decreased government spending on infrastructure projects and a slowdown in the construction industry. This can negatively impact the company's revenue and profitability.

Strong competition in the construction industry poses a threat to Aecon's market share and profitability, as other companies may offer similar services at competitive prices.

Changes in government regulations and policies can also pose a threat, as they may introduce new requirements or restrict certain types of projects, potentially affecting Aecon's operations.

Aecon Group Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Aecon Group historical P/E ratio, EBIT multiple, and P/S ratio

Aecon Group annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Aecon Group shares outstanding

The number of shares of Aecon Group was 66.77 M in 2025. This indicates how many shares Aecon Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
63.54 M Stocks
Jan 1, 2022
75.72 M Stocks
Jan 1, 2023
64.63 M Stocks
Jan 1, 2024
66.79 M Stocks
Jan 1, 2025
66.77 M Stocks
Jan 1, 2026 (e)
66.77 M Stocks
Jan 1, 2027 (e)
66.77 M Stocks
Jan 1, 2028 (e)
66.77 M Stocks

Aecon Group stock splits

In Aecon Group's history, there have been no stock splits.

Aecon Group Dividend History

23 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.19CADYTD—1×
Mar 23, 20260.19CAD↑ 1.3%1/1
20250.76CAD 0.0%4×
Mar 21, 20250.19CAD 0.0%1/4
Jun 23, 20250.19CAD 0.0%2/4
Sep 22, 20250.19CAD 0.0%3/4
Dec 24, 20250.19CAD 0.0%4/4
20240.76CAD↑ 2.7%4×
20230.74CAD 0.0%4×
20220.74CAD↑ 5.7%4×
20210.70CAD↑ 9.4%4×
20200.64CAD↑ 10.3%4×
20190.58CAD↑ 16.0%4×
20180.50CAD 0.0%4×
20170.50CAD↑ 8.7%4×

Aecon Group dividend history and estimates

In 2025, Aecon Group paid a dividend amounting to 0.76 CAD. Dividend means that Aecon Group distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.70 CAD
0.00 CAD
Jan 1, 2022
0.74 CAD
0.00 CAD
Jan 1, 2023
0.74 CAD
0.00 CAD
Jan 1, 2024
0.76 CAD
0.00 CAD
Jan 1, 2025
0.76 CAD
0.00 CAD
Jan 1, 2026 (e)
0.19 CAD
0.58 CAD
Jan 1, 2027 (e)
0.00 CAD
0.80 CAD
Jan 1, 2028 (e)
0.00 CAD
0.82 CAD

Aecon Group dividend payout ratio

In 2025, Aecon Group had a payout ratio of 334.71%. The payout ratio indicates the percentage of the company's profits that Aecon Group distributes as dividends.

  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
89.53 %
Jan 1, 2022
184.42 %
Jan 1, 2023
29.54 %
Jan 1, 2024
-63.95 %
Jan 1, 2025
334.71 %
Jan 1, 2026 (e)
49.88 %
Jan 1, 2027 (e)
37.55 %
Jan 1, 2028 (e)
37.66 %

Current Aecon Group forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
40.00 % (6)
Hold
60.00 % (9)
Sell
0.00 % (0)
12M Price Target
35.70
Last Price
46.16
Currency
CAD
12M Return Potential
-22.66 %
LTM Return
0 %

Aecon Group Analyst Rating Actions

DateFirmActionRatingReliability
3/7/2024
Stifel
Stifel
MaintainedHold55

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Aecon Group Earnings Calls

2025

Aecon Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/23/2024-0.19CAD-1.11 BCAD-2024 Q1
2/26/20240.26CAD-1.23 BCAD-2023 Q4
7/26/20230.19CAD-1.19 BCAD-2023 Q2
4/25/2023-0.21CAD-1.04 BCAD-2023 Q1
2/27/20230.25CAD-1.18 BCAD-2022 Q4
10/26/20220.43CAD-1.27 BCAD-2022 Q3
7/28/20220.20CAD-1.03 BCAD-2022 Q2
4/27/2022-0.30CAD-798.99 MCAD-2022 Q1
3/1/20220.47CAD-1.15 BCAD-2021 Q4
10/28/20210.55CAD-1.20 BCAD-2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Aecon Group stock

66/100
35
Environment
89
Social
74
Governance
E

Environment

20
Scope 1 - Direct Emissions107,693
Scope 2 - Indirect emissions from purchased energy3,522
Scope 3 - Indirect emissions within the value chain484,151
Total CO₂ emissions111,215
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees35
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Aecon Group shareholder structure

% Name
6.73117%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
2.03620%
Fidelity Investments Canada ULC
Fidelity Investments Canada ULC
1.97594%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
1.67718%
Mackenzie Investments
Mackenzie Investments
1.63444%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.88570%
DFA Australia Ltd.
DFA Australia Ltd.

Aecon Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.4%
Float Shares
-
Shares Outstanding
-

Aecon Group Executives and Management Board

19 members · avg. age 66 · 26 % women

JS

Mr. Jean-Louis Servranckx (64)

President, Chief Executive Officer, Director · since 2018

6.28 M CAD

Management

JJ

Mr. Jerome Julier

Chief Financial Officer, Executive Vice President

2.73 M CAD
SN

Mr. Steven Nackan

Executive Vice President and President - Concessions

1.46 M CAD
TC

Mr. Thomas Clochard

Executive Vice President - Civil and Nuclear

1.39 M CAD
GT

Ms. Gordana Terkalas

Senior Vice President and Chief People Officer

–
TM

Mr. Tim Murphy

Executive Vice President and Chief Strategic Affairs Officer

–
MD

Ms. Martina Doyle

General Counsel, Public Company & Corporate Secretary

–

Board of Directors

JB

Mr. John Beck (83)

Non-Executive Chairman of the Board

390,000.00 CAD
ST

Mr. Scott Thon (62)

Independent Director

322,500.00 CAD
SJ

Ms. Susan Jenah (69)

Independent Director

272,500.00 CAD
DS

Ms. Deborah Stein (64)

Independent Director

272,500.00 CAD
SL

Mr. Stuart Lee (61)

Independent Director

260,000.00 CAD
ER

Mr. Eric Rosenfeld (68)

Independent Director

260,000.00 CAD

Frequently asked questions about Aecon Group

The business model of Aecon Group Inc. is focused on providing a wide range of construction and infrastructure development services. Aecon operates in various sectors such as civil engineering, building, energy, mining, and transportation. With its diversified capabilities, Aecon undertakes large-scale projects, including the construction of highways, bridges, airports, power plants, and other vital infrastructure. The company aims to deliver innovative and sustainable solutions to meet the evolving needs of its clients across Canada and beyond. Aecon Group Inc. prides itself on its expertise, experience, and commitment to safety, quality, and environmental stewardship.

Aecon Group Inc is primarily active in various industries including construction, infrastructure development, and engineering services.

The main competitors of Aecon Group Inc in the market include SNC-Lavalin Group Inc, PCL Constructors Inc, and WSP Global Inc.

Aecon Group Inc is a Canadian construction and infrastructure development company. Founded in 1877, Aecon has a rich history of over 140 years in the industry. Originally established as a small railway contractor, Aecon has evolved into a prominent player in the Canadian construction sector. With a diverse portfolio, the company boasts an extensive track record in delivering complex projects across various sectors, including transportation, utilities, mining, and more. Aecon's commitment to excellence and innovation has earned them a reputable position in the market. As a leading construction firm, Aecon Group Inc continues to contribute significantly to the development of infrastructure in Canada and beyond.

Over the years, Aecon Group Inc has achieved numerous significant milestones, solidifying its position as a leading construction and infrastructure development company in Canada. Some notable achievements include successfully completing major projects such as the Vancouver Convention Centre Expansion and the Darlington Nuclear Generating Station Refurbishment. Aecon has also expanded its operations internationally, working on notable projects like the Eglinton Crosstown LRT in Toronto and the Keeyask Hydroelectric Generating Station in Manitoba. With a strong track record of delivering high-quality projects, Aecon Group Inc continues to demonstrate its expertise and commitment to excellence in the construction industry.

Aecon Group Inc is primarily present in Canada.

Aecon Group Inc represents a strong set of values and a well-defined corporate philosophy. The company's values include integrity, collaboration, excellence, and accountability. Aecon believes in fostering a culture of safety and delivering remarkable projects that positively impact communities. With a commitment to sustainable practices and innovation, Aecon strives to provide exceptional service to its clients. Through its diverse portfolio of construction and infrastructure projects, Aecon aims to drive growth and create lasting value for its shareholders. Aecon's corporate philosophy revolves around prioritizing client satisfaction, embracing teamwork, promoting employee development, and maintaining a high level of ethical standards.

Analysts currently set an average price target of 36.33 CAD for the Aecon Group stock (median: 35.70 CAD), implying -21.3 % versus the latest price. The consensus is based on 15 analyst ratings.

Aecon Group Analyst Price Targets 2026

15 analysts currently rate the Aecon Group stock: 6 recommend buying, 9 holding and 0 selling. For 2026, analysts expect Aecon Group to generate revenue of 6.35 B CAD and earnings per share of 1.52 CAD.

Aecon Group Analyst Price Targets 2026

Converted at the current exchange rate, the Aecon Group share trades at 28.83 EUR (46.45 CAD).

The Aecon Group share (ARE.TO) is listed on 4 stock exchanges, including: Frankfurt (2AE.F), München (2AE.MU), Toronto (ARE.TO).

The Aecon Group Inc is a Canadian company that operates in the construction and infrastructure projects sector. The company was founded in 1957 and has since completed numerous projects, including transportation infrastructure, energy and mining infrastructure, and social infrastructure. The company is listed on the Toronto Stock Exchange and is headquartered in Toronto. Aecon Group's business model is divided into various divisions. One of them is the construction and infrastructure division, which focuses on the construction of transportation routes such as roads, bridges, tunnels, and airports. Communication and water supply infrastructure construction also falls under this segment. The company is capable of executing projects that are comprehensively covered from conception, planning, and construction to operation and maintenance. Another division of the business model is the energy and mining infrastructure, which focuses on the construction of power generation, transmission, and distribution facilities, as well as mining projects. In this segment, Aecon Group also provides services such as project management, construction supervision, and maintenance. The third important division of Aecon consists of social infrastructure, which focuses on construction projects in the fields of education, health, justice, and other public facilities. The company has extensive experience in the planning and construction of schools, hospitals, and prisons. In addition to these main divisions, Aecon Group also provides services such as planning, project management, and construction supervision, and is capable of providing turnkey solutions for customers, from planning to completion. To be successful, Aecon Group has defined a clear vision for the company and is committed to sustainability and social responsibility. The company works closely with customers, partners, and suppliers to deliver high-quality products and services that meet the highest standards. The company aims to understand its customers and fulfill their needs by offering customized solutions tailored to their specific requirements. Aecon Group relies on innovation and technology to continuously improve its products and services and meet the needs of its customers. Overall, Aecon Group offers a wide range of products and services that reflect extensive experience and industry-leading expertise in the various divisions of its business model. The company has shown strong growth in recent years and is committed to maintaining its reputation as a leading provider of construction and infrastructure projects in Canada and beyond.

The expected revenue of Aecon Group is 6.35 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Aecon Group is 101.76 M CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Aecon Group is currently 30.48. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Aecon Group stock.

The price-to-sales ratio (P/S) of Aecon Group is currently 0.49. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Aecon Group stock.

The Eulerpool Quality Score for Aecon Group is 3/10.

The ISIN of Aecon Group is CA00762V1094. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Aecon Group is 869161. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Aecon Group is ARE.TO. The ticker symbol is used to trade Aecon Group shares on the stock exchange.

Over the past 12 months, Aecon Group paid a dividend of 0.76 CAD . This corresponds to a dividend yield of about 1.64 %. For the coming 12 months, Aecon Group is expected to pay a dividend of 0.80 CAD.

The current dividend yield of Aecon Group is 1.64 %.

Aecon Group pays a dividend, distributed in the months of , , , .

Aecon Group paid dividends every year for the past 19 years.

For the upcoming 12 months, dividends amounting to 0.80 CAD are expected. This corresponds to a dividend yield of 1.72 %.

Aecon Group is assigned to the 'Industry' sector.

To receive the latest dividend of Aecon Group from amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Aecon Group distributed 0.76 CAD as dividends.

The dividends of Aecon Group are distributed in CAD.

All fundamentals and in-depth analysis of Aecon Group

Our stock analysis for Aecon Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Aecon Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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