Jacobs Solutions Inc

Jacobs Solutions, Inc. is a holding company, which engages in the designing and deployment of technology-centric solutions. It operates through the following business segments: Critical Mission Solutions, People and Places Solutions, and PA Consulting. The Critical Mission Solutions segment offer broad sectors, including U.S. government services, cyber, nuclear, commercial, and international sectors. The People and Places Solutions segment provides end-to-end solutions under the climate change, energy transition, connected mobility, integrated water management, smart cities, and vaccine manufacturing industries. The PA Consulting segment includes the investment in PA Consulting Group. The company was founded in 1947 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Jacobs Solutions Inc posts strong Q1 results amidst growth opportunities

Jacobs Solutions Inc delivered strong financial results in Q1 2023, driven by growth in key sectors and a focus on sustainability and inclusive culture.
While facing challenges such as interest rate headwinds and evolving growth drivers, the company remains optimistic about its outlook for fiscal 2023.
With a solid performance in bookings, strong backlog growth, and a strategic focus on profit improvement, Jacobs is well-positioned for future success.
The company's ability to navigate challenges, capitalize on opportunities, and maintain financial discipline underscores its resilience and growth potential.

Jacobs Solutions Inc reports record Q2 earnings and plans spin-off

Jacobs Solutions Inc reported a strong second quarter performance with revenue and profit growth. The company is set to create 2 independent companies to maximize strategic focus. Strong cash flow characteristics and a focus on margin improvement are key highlights.
Opportunities in climate response, energy transition, and water sectors present growth potential. Confidence in post-spin relationships and tax-efficient processes enhance shareholder value. Challenges include cautious capital deployment and detailed spin process considerations.

Jacobs Solutions Inc reports record Q3 growth and eyes future opportunities

Jacobs Solutions Inc delivered strong financial performance in Q3 2023, with record organic growth and robust financial metrics.
The company showcased strengths in key segments like People & Places, CMS, PA Consulting, and Divergent Solutions.
Challenges include restructuring costs, streamlining processes, and cost optimization efforts to drive margins.
Opportunities lie in water business growth, revenue ramp in Divergent segment, and infrastructure stimulus projects.

Jacobs Solutions Inc reports record Q4 results and strategic merger

Jacobs Solutions Inc reported strong Q4 results and announced plans for a strategic separation and merger, positioning the company for future growth.
Despite potential challenges related to costs and industry competition, Jacobs remains focused on margin expansion, cost optimization, and delivering profitable solutions.
The company's geographic diversity, strong backlog, and focus on advanced facilities and digital enablement offer promising opportunities for revenue growth and margin improvement.
Investors can look forward to continued performance improvements, synergies from the merger, and Jacobs' commitment to enhancing shareholder value through strategic initiatives.

Jacobs Solutions Inc reports strong Q1 results and eyes global expansion opportunities

Jacobs Solutions Inc's Q1 2024 earnings call highlighted strong performance, financial stability, and strategic initiatives for growth and profitability.
While facing challenges in cost reallocation and segment contributions, the company is well-positioned to capitalize on opportunities in emerging markets and innovation.
With a focus on margin improvement, capital return to shareholders, and accelerating EPS growth, Jacobs Solutions Inc remains poised for future success.
Analysts' inquiries into various operational aspects reflect a keen interest in the company's strategies and performance metrics, signaling investor confidence.

Jacobs Solutions Inc reports solid Q2 growth and eyes global opportunities

Jacobs Solutions Inc delivered a strong performance in Q2 2024, showcasing revenue growth, operational excellence, and confidence in meeting financial targets. The company's strengths lie in market wins, strong margins, and growth opportunities in various sectors. Challenges include labor availability and regulatory changes, while opportunities in infrastructure projects, data centers, and global growth drive future prospects.

Jacobs Solutions Inc excels in Q3 2024, anticipates growth opportunities

Jacobs Solutions Inc demonstrated strong performance in Q3 2024, with robust achievements across segments and a positive outlook for future growth and profitability.
While challenges exist, the company's strategic initiatives, including the planned spin-off and focus on operational excellence, position it well for long-term success.
Opportunities such as hosting an Investor Day, pursuing M&A opportunities, and capitalizing on revenue growth prospects present avenues for continued expansion and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Jacobs Solutions, Inc. is a holding company, which engages in the designing and deployment of technology-centric solutions. It operates through the following business segments: Critical Mission Solutions, People and Places Solutions, Divergent Solutions, and PA Consulting. The Critical Mission Solutions segment focuses on the provision of solutions for clients to address evolving challenges like digital transformation and modernization, national security and defense, space exploration, digital asset management, the clean energy transition, and nuclear decommissioning and cleanup. The People and Places Solutions segment provides end-to-end solutions under climate change, energy transition, connected mobility, integrated water management, and biopharmaceutical manufacturing. The Divergent Solutions segment refers to the core foundation for developing and delivering cloud, cyber, data, and digital technologies. The PA Consulting segment includes the investment in PA Consulting Group. The company was founded in 1947 and is headquartered in Dallas, TX.

Strategic consulting and advisory to drive programmatic and collaborative solutions Supports climate response and clean energy transition efforts DALLAS , Aug. 22, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to National Grid's new General Management Consultancy Framework to support the energy utility's business service operations needs in the U.K. and U.S. Jacobs will provide service operations support across National Grid to help improve core business functionality, including strategic development, business planning, process improvement and implementation support. "The global energy transition not only requires the rethinking of physical assets, but also a transformational approach to planning, strategizing and organizational processes to underpin this significant change.

Jacobs Secures National Grid Management Consultancy Framework

DALLAS , Aug. 18, 2023 /PRNewswire/ -- Jacobs (NYSE:J) today announced that it closed a public offering of $600 million aggregate principal amount of 6.350% senior unsecured notes due 2028. The notes have been issued by Jacobs Engineering Group Inc. and unconditionally guaranteed by Jacobs.

Jacobs Completes $600 Million Senior Notes Offering

Lowe's

Mastercard

Jacobs Solutions is primed to benefit from an estimated $2 trillion of new federal spending. Lowe's has an impressive record of increasing its dividend for 49 consecutive years.

3 Best Dividend Stocks for Retirement

Jacobs (J) is selected by IEUA for delivering program management, owners engineering and strategic funding advisory services for the water management program in Chino Basin, CA.

Jacobs (J) Boosts Backlog With New Water Recycling Program

Bath and Body Works

Danaher

It's not often that you read about activist investor Dan Loeb praising the chief executive officer (CEO) of a company in which Third Point Management holds a stake, but that's precisely what happened in the hedge fund's July 31 investor letter, which laid out its thoughts on some of Dan Loeb's stock picks. Third Point first took a stake in Shell (NYSE: SHEL ) in 2021, doling out $750 million in the Dutch oil giant.

A Billionaire's Bet: 3 Stocks Dan Loeb Thinks You Should Own

Major program includes advanced water purification facility, strategic funding advisement Creates drought-resilient local water supply in response to climate change DALLAS , Aug. 10, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Inland Empire Utilities Agency (IEUA) in California to provide program management, owners engineering services, and strategic funding advisory services for a major regional water management program that will incorporate indirect potable reuse to create a more sustainable, drought-resilient local water supply in the Chino Basin—one of the largest groundwater storage basins in southern California. The program encompasses a series of new integrated water infrastructure projects, including intra-basin recycled water conveyance, groundwater injection and replenishment and an advanced water purification facility (AWPF) that will be able to produce up to 15,000 acre-feet per year of purified water for indirect potable reuse using groundwater augmentation, enough water for nearly 100,000 residents.

Jacobs to Manage Inland Empire Utilities Agency Recycled Water Program Expansion

Jacobs Solutions Inc. (NYSE:J ) Q3 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Jonathan Evans - VP, Corporate Development and Investor Relations Robert Pragada - CEO Kevin Berryman - Chief Financial Officer Claudia Jaramillo - EVP, Strategy and Corporate Development Conference Call Participants Michael Dudas - Vertical Research Andrew Kaplowitz - Citigroup Jamie Cook - Credit Suisse Jerry Revich - Goldman Sachs Bert Subin - Stifel Sean Eastman - KeyBanc Capital Markets Chad Dillard - AllianceBernstein Steven Fisher - UBS Andrew Wittmann - Baird Sabahat Khan - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

Jacobs Solutions Inc. (J) Q3 2023 Earnings Call Transcript

Jacobs' (J) Q3 revenues reflect solid contributions from its businesses. Yet, difficult year-over-year comparisons hurt the bottom line.

Jacobs (J) Earnings Miss Estimates in Q3, Backlog Increases

Jacobs Solutions (J) came out with quarterly earnings of $1.82 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.86 per share a year ago.

Jacobs Solutions (J) Q3 Earnings Miss Estimates

Third Quarter Revenue up 9% Year-Over-Year; 10% in Constant Currency1 People and Places Solutions Operating Profit up 13% Year-Over-Year Operating Profit up 1% Year-Over-Year; Adjusted Operating Profit up 10%1  Reiterates 100% Cash Flow Conversion Target; Reiterates Fiscal 2023 Outlook Range Advancing Plans for Separation of Critical Mission Solutions Business DALLAS , Aug. 8, 2023 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal third quarter ended June 30, 2023. Q3 2023 Highlights: Revenue of $4.2 billion up 9.4% y/y; adjusted net revenue1 increased 7.5% y/y and up 7.9% in constant currency1 Backlog1 of $28.9 billion, up 2.9% y/y; gross margin in backlog1 up 7.1% y/y EPS of $1.29, down 15.1% y/y; adjusted EPS from continuing operations1 of $1.82, down 2.2% y/y.

Jacobs Reports Fiscal Third Quarter 2023 Earnings

Digital & technological solutions and Focus 2023 efforts are likely to have reflected in Jacobs' (J) fiscal Q3 performance. However, higher expenses might have been a headwind.

Jacobs (J) Set to Report Q3 Earnings: What's in the Offing?

Strategic advisory services to drive sustainable solutions Project supports Pacific Northwest's tourism and business gateway DALLAS, Aug. 3, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the Port of Seattle (Port) to lead and manage the 10-year renovation of the S Concourse at Seattle-Tacoma International Airport (SEA). Modernizing the 50-year-old concourse includes improving operating systems, environmental efficiencies, and earthquake resiliency, prioritizing seismic updates.

Jacobs Secures Major Program Win With Seattle -Tacoma International Airport

Contract accelerates environmental cleanup and infrastructure restoration in the Great Lakes Area Addresses and mitigates risk to public health, welfare and environment DALLAS , Aug. 3, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was awarded a $450-million Superfund and Great Lakes Architecture-Engineering Services indefinite delivery/indefinite quantity multi-award contract by the U.S. Environmental Protection Agency's (EPA) Great Lakes National Program Office and the Region 5 Superfund and Emergency Management Division to provide environmental, technical and management services and associated infrastructure tasks in the Great Lakes Area. The five-year contract allows Jacobs to assist EPA's efforts to clean up and restore 22 of the 25 remaining Great Lakes Areas of Concern by 2030, an ambitious goal made possible by the Bipartisan Infrastructure Law.

Jacobs Receives $450 Million US Environmental Protection Agency Contract

Supports enhanced mobility and transportation for Ohio and Kentucky DALLAS , Aug. 1, 2023 /PRNewswire/ -- Jacobs (NYSE: J) was selected as part of the Walsh Kokosing Joint Venture Design-Build Team to deliver critical infrastructure as part of the Brent Spence Bridge Corridor Project (BSBC). The BSBC will deliver approximately eight miles of improved Interstates 71 and 75 through Kentucky and Ohio, including the addition of a new companion bridge reducing congestion, improving traffic flow and maintaining critical regional and national transportation corridors.

Jacobs to Design Critical Highway Infrastructure for Brent Spence Bridge Corridor

Jacobs Solutions, a Dallas-based infrastructure consultancy, remains fundamentally undervalued, trading at a discount of ~21% when averaging out the stock's NPV and relative value. With a highly diversified revenue base, investors can expect accretive value creation from Jacobs, which has positioned itself to acquire maximal scale driven by macro tailwinds. Due to the firm's combined undervaluation and scalability, I rate Jacobs a 'buy'

Jacobs Solutions: Revenue Diversity And Macro Tailwinds Support Growth

Jacobs Solutions is expected to see strong revenue growth due to its expertise in digital transformation, which is predicted to grow by 17-20% CAGR over the next seven years. The company's planned split into two entities could increase efficiency and profitability but also carries risks, including potential loss of value if the spinoff efforts are not successful. Despite a debt of $3.4B, the company's financials are considered healthy, with an intrinsic value of $162.86 per share, suggesting it is currently undervalued by around 29%.

Jacobs Solutions: Good Buy Pre-Spinoff

Jacobs (J) partners with USNC to develop a demonstrator of the high-temperature gas-cooled reactor that is expected to be delivered by the early 2030s.

Jacobs (J) Allies With USNC to Develop New MMR Energy System

S&P Global

Targa Resources

Regarding the best stocks to buy, some investors look to analyst consensus stocks — companies that everyone on Wall Street fawns over. I did a quick Finviz.com screen of S&P 500 companies.

Top Picks: 3 Stocks That (Almost) All Analysts Agree On

DALLAS , July 20, 2023 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal third quarter 2023 earnings results before market open on Tuesday, Aug. 8, 2023, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends.

Jacobs to Hold Its Fiscal Third Quarter 2023 Earnings Conference Call and Webcast

Energy transition and climate response drives work on UK demonstrator project DALLAS , July 20, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Ultra Safe Nuclear Corporation U.K. (USNC) to support design and development of a new micro modular power reactor (MMR). The U.K. Department for Energy Security and Net Zero has awarded USNC a grant of up to $29 million toward the development cost of the MMR Energy System, which is designed to support the transition away from fossil fuels.

Jacobs Selected to Support New Nuclear Reactor for Ultra Safe Nuclear

With this contract win, Jacobs (J) is likely to enhance nuclear research to bolster the energy transition and achieve net-zero carbon goals.

Jacobs (J) Wins NNL Contract, Fortifies Nuclear Research

Enhances nuclear research to support energy transition and net zero carbon objectives Contract win underlines benefits of recent investment in robotics capabilities DALLAS , July 18, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the U.K.'s National Nuclear Laboratory (NNL) to manage the acquisition of more than 100 new remotely operated manipulator robots for its Windscale Laboratory in West Cumbria, England. Working with Wälischmiller Engineering, Jacobs' robotics specialists will be responsible for procuring replacement machines which will handle radioactive material for inspection or processing.

Jacobs Awarded Equipment Installation Contract at UK Nuclear Research Laboratory

Jacobs (J) is set to act as the prime consultant for the VPRA to support the Transforming Rail in Virginia infrastructure program.

Jacobs (J) Awarded a Prime Consulting Contract With VPRA

Delivering consulting and advisory services to enhance critical infrastructure and mobility for state DALLAS , July 13, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected as the prime consultant to the Virginia Passenger Rail Authority (VPRA) to deliver general engineering consulting services for passenger rail initiatives under its Transforming Rail in Virginia infrastructure program, which will connect communities and enhance mobility in Virginia. VPRA estimates the contract value at up to $10 million per year for a one-year contract with the option to renew for an additional three years.

Jacobs to Support VPRA in Transforming Passenger Rail in Virginia

Jacobs' (J) architecture and planning teams to deliver safe and therapeutic spaces.

News for Jacobs Solutions Inc Stock (J)