Jacobs Solutions (J)
Industrials · $16.7B market cap · SEC CIK 0000052988
fundamentals score out of 100
Next reports on Nov 18, 2026, after the close, with analysts expecting $2.17 in earnings per share.
The case for J
- Revenue up 60.2% on the year.
- Earnings per share up 103.6%.
- Moves less than the market (beta 0.70).
- Price/sales of 1.2× is lower than 86% of Industrials companies.
The case against
- Pricey at 49.5× earnings, against a long-run market average nearer 20×.
- Net margin of 2.4% leaves very little room for error.
- Revenue has shrunk 2.4% a year over five years.
- Return on equity of 10% is lower than 88% of Industrials companies.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 43 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 59 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 24 |
| Momentumhow the price has behaved lately | 61 |
| Stabilityhow violently it moves, what it owes and what it pays you | 54 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
Key numbers
| Price / earnings | 49.5× |
|---|---|
| Price / book | 4.55× |
| Price / sales | 1.2× |
| Revenue growth (YoY) | +60.2% |
| EPS growth (YoY) | +103.6% |
| Gross margin | 22% |
| Operating margin | 5% |
| Net margin | 2% |
| Return on equity | 10% |
| Debt / equity | 1.10× |
| Current ratio | 1.29 |
| Dividend yield | 0.84% |
| Beta | 0.70 |
| 52-week range | $105.68 – $168.44 |
| Position in that range | 60% of the way up |
| 3-month return | +18.8% |
| 1-year return | -3.6% |
Five years of financials, as filed
Pulled from Jacobs Solutions's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $12.0B | $11.5B | $10.9B | $9.8B | $14.1B |
| Gross profit | $3.0B | $2.8B | $2.7B | $2.6B | $3.0B |
| Operating income | $864M | $692M | $676M | $540M | $688M |
| Net income | $289M | $806M | $666M | $644M | $477M |
| Operating cash flow | $687M | $1.1B | $975M | $475M | $726M |
| Capital expenditure | $79.2M | $121M | $137M | $128M | $92.8M |
| Total assets | $11.6B | $11.6B | $15.0B | $14.9B | $14.8B |
| Shareholder equity | $3.4B | $4.2B | $6.7B | $6.2B | $6.1B |
| Cash | $1.6B | $1.3B | $1.1B | $1.2B | $1.2B |
| Long-term debt | $2.5B | $1.7B | $2.8B | $3.4B | $3.1B |
| Free cash flow | $607M | $934M | $837M | $347M | $633M |
| Gross margin | 24.8% | 24.6% | 25.0% | 26.4% | 21.6% |
| Operating margin | 7.2% | 6.0% | 6.2% | 5.5% | 4.9% |
| Net margin | 2.4% | 7.0% | 6.1% | 6.6% | 3.4% |
| Diluted shares | 122M | 126M | 127M | 129M | 131M |
Share count is down 7.1% over 4 years. Buybacks have been shrinking the pie.
What Jacobs Solutions says it does
Guided by our values and our brand promise — Challenging today. Reinventing tomorrow – Jacobs delivers innovative solutions to address the world’s most complex challenges and create lasting value for clients, communities and society. With a global team of approximately 43,000, we provide end-to-end capabilities across advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. Our services span advisory and consulting, feasibility and planning, through to design, program delivery and lifecycle management — helping to create a more connected and sustainable world. From addressing water scarcity and aging infrastructure to access to life-saving therapies and cyber resilience, we combine creativity, agility and deep domain expertise to deliver outcomes that matter. Our integrated approach enables clients to meet urgent needs today while preparing for the opportunities of tomorrow. Over the past…
Risk factors J lists in its 10-K
- PA Consulting Redeemable Noncontrolling Interests
- Summarized Statement of Earnings Data
- Financial Instruments—Credit Losses,
- (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets
- Business Combinations, (Topic 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity
- Income Statement, (Subtopic 220-40): Reporting Comprehensive Income - Disaggregation of Income Statement Expenses
- (Topic 740): Improvements to Income Tax Disclosures
- Segment Reporting, (Topic 280): Improvements to Reportable Segment Disclosures
- Amendments - Codification Amendments in Response to the Disclosure Update and Simplification Initiative of the Securities and Exchange Commission ("SEC")
- Commitments and Contingencies and Derivative Financial Instrument
- encies and Derivative Financial Instrument
- Contingencies and Derivative Financial Instruments
- Evaluation of Disclosure Controls and Procedures
- Management’s Annual Report on Internal Control Over Financial Reporting