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 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

Earnings data Q1 2025

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.

Jacobs Solutions Inc reports robust Q4 earnings and outlines growth strategy for fiscal '25

Jacobs Solutions Inc delivered strong financial performance in Q4 2024 and for the full year, driven by revenue growth and operational efficiency.
The company's strategic focus on organic growth, debt reduction, and potential M&A activities aligns with long-term value creation.
While challenges like economic uncertainties and market dynamics exist, Jacobs Solutions Inc is well-positioned to capitalize on opportunities for growth.
Investors can be optimistic about the company's outlook, with a positive fiscal '25 forecast and a commitment to driving shareholder value.

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At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.

Jacobs (J) and Palantir partnership extension focuses on commercializing new AI solutions across multiple sectors.

Jacobs (J) and Palantir Extend Deal for New AI Solutions

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Palantir Technologies

Expansion focuses on commercializing new AI solutions across multiple sectors DALLAS and DENVER , May 31, 2023 /PRNewswire/ -- Jacobs (NYSE: J) and Palantir Technologies Inc. (NYSE: PLTR) ("Palantir") today announced an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more. "While we have understood the power and promise of AI for years, we saw clear challenges with secure deployment," said Jacobs CEO Bob Pragada.

Jacobs and Palantir Expand Partnership

Multidisciplinary technical consulting to help deliver new homes in England DALLAS , May 31, 2023 /PRNewswire/ -- Jacobs (NYSE: J) has been appointed to Homes England 's new Development and Regeneration Technical Services (DaRTS) Framework to support the U.K. government's housing acceleration in England – helping to improve neighborhoods and grow communities.   As part of this framework, Jacobs will provide full multidisciplinary built environment, professional and technical services to Homes England as well as the country's other public sector bodies through to 2027.

Jacobs Secures New Development & Regeneration Technical Services Framework for Homes England

Jacobs (J) benefits from strong performance across its diversified portfolio, reflecting solid backlog and growth initiatives. However, foreign currency risks and high costs hurt growth.

Jacobs (J) Banks on Solid Backlog Growth Amid Currency Risks

Jacobs (J) is set to invest $4.6 million for the creation of CRADLE, which will develop robotics and autonomous systems, primarily supporting climate response.

Jacobs (J) Invests $4.6M to Build Robotic Research Center

Advancing technology to help achieve net zero targets and amplify climate response DALLAS , May 25, 2023 /PRNewswire/ -- Jacobs (NYSE: J) and the University of Manchester will create a new international research center to develop robotics and autonomous systems that will play a key role in climate response. The Centre for Robotic Autonomy in Demanding and Long-lasting Environments (CRADLE) will research new technologies for challenging and heavily regulated industry sectors such as space, nuclear decommissioning, energy generation and urban infrastructure.

Jacobs and UK Government to Fund International Robotics Research Center

Jacobs (J) to manage architecture and engineering services for the US Navy in the Southwest with this contract.

Jacobs (J) Wins $249-Million IDIQ Contract to Support US Navy

Program to deliver buildings and critical infrastructure services DALLAS , May 23, 2023 /PRNewswire/ -- Jacobs (NYSE:J) secured a single award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Department of the Navy, Naval Facilities Engineering Systems Command Southwest (NAVFAC SW) to perform multi-discipline Architecture-Engineering (A-E) Services in Arizona, California, Colorado, Nevada, New Mexico, Utah and other approved areas of responsibility.  NAVFAC estimates the contract value at $249 million across eight years, with a two-year base period and the option to extend for an additional six years.

Jacobs to Manage Architecture and Engineering for US Navy in the Southwest

Jacobs Solutions (J) to provide critical infrastructure services for Orlando International Airport Terminal C with this contract.

Jacobs (J) Receives Program Manager Contract From GOAA

Jacobs (J) enters into contract with Cirba Solutions to expand manufacturing capacity for sustainable EV battery materials across North America.

Jacobs (J) Wins EV Manufacturing Capacity Expansion Deal

Program will provide critical infrastructure for growing numbers of passengers and engage local workforce DALLAS , May 11, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the Greater Orlando Aviation Authority (GOAA) to provide executive program management and oversight services at Orlando International Airport. Through infrastructure management at the airport's new Terminal C, Jacobs will help GOAA accommodate an additional 10-12 million passengers annually.

Jacobs Selected as Program Manager for Orlando International Airport Terminal C

In addition to announcing strong financial results for the second quarter of the company's 2023 fiscal year, Jacobs Solutions made a major announcement on May 9th. Management elected to split the company into two in an attempt to deliver more value to its shareholders.

Jacobs Solutions: The Market's Muted Response To A Seismic Development

Expansion will promote a circular, more sustainable electric vehicle supply chain DALLAS , May 10, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America. Jacobs is managing the facility design and supporting construction of multiple site locations, including an expansion at Cirba Solutions' lithium-ion processing site in Lancaster, Ohio.

Jacobs and Cirba Solutions Expand Sustainable Battery Processing in US

Jacobs Engineering Group Inc.'s (NYSE:J ) Q2 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Jonathan Evans - Vice President of Corporate Development & Investor Relations Robert Pragada - Chief Operating Officer Kevin Berryman - Chief Financial Officer Conference Call Participants Jamie Cook - Credit Suisse Andy Kaplowitz - Citigroup Michael Dudas - Vertical Research Partners Sean Eastman - KeyBanc Capital Markets Bert Subin - Stifel Financial Corp. Steven Fisher - UBS Chad Dillard - Bernstein Michael Feniger - Bank of America Gautam Khanna - Cowen Andrew Whitman - Robert W. Baird Operator Good morning ladies and gentlemen and welcome to the Jacobs Solutions Second Quarter 2023 Earnings Call and Webcast.

Jacobs Engineering Group Inc. (J) Q2 2023 Earnings Call Transcript

Jacobs' (J) Q2 results reflect solid contributions from its businesses. The company also plans to separate its CMS business, resulting in two independent entities.

Jacobs (J) Beats on Q2 Earnings & Revenues, to Spin Off CMS Unit

While the top- and bottom-line numbers for Jacobs Solutions (J) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Jacobs Solutions (J) Q2 Earnings: A Look at Key Metrics

Jacobs Solutions (J) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.72 per share a year ago.

Jacobs Solutions (J) Beats Q2 Earnings and Revenue Estimates

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Operating Profit up 74% Year-Over-Year, Adjusted Operating Profit up 7%1 People and Places Solutions Operating Profit up 21% Year-Over-Year Second Quarter Revenue up 6% Year-Over-Year; 9% in Constant Currency1 Narrows Fiscal 2023 Outlook Range; Reiterates 100% Cash Flow Conversion Target Announced Plans for Spin-off of Critical Mission Solutions Business DALLAS , May 9, 2023 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 31, 2023. Q2 2023 Highlights: Revenue of $4.1 billion up 6.4% y/y; net revenue1 increased 5.2% y/y and up 8% in constant currency1 Backlog1 of $29.0 billion, up 4% y/y; gross margin in backlog up y/y EPS of $1.70, up 149% y/y; Adjusted EPS from continuing operations1 of $1.81, up 5% y/y Cash provided by operations of $132 million; continue to expect 100% fiscal year underlying cash conversion Jacobs' CEO Bob Pragada commented, "We have delivered a robust second quarter focused on disciplined and rigorous execution.

Jacobs Reports Fiscal Second Quarter 2023 Earnings

Next Step in Strategic Portfolio Transformation to Unlock Enhanced Long-Term Shareholder Value Creates a Streamlined Higher-Growth, Higher-Margin Business Portfolio Focused on Critical Infrastructure and Sustainability Establishes CMS as a Leading, Pure-Play Government Services Provider Separation Expected to be Effected Through Spin Off of CMS to Jacobs Shareholders Company to Host Conference Call to Discuss Separation and Second Quarter Fiscal Year 2023 Results Today at 10:00 A.M. EDT DALLAS , May 9, 2023 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced that its Board of Directors has unanimously approved a plan to separate its Critical Mission Solutions (CMS) business from Jacobs, creating two independent companies, each positioned for greater success.

Jacobs Announces Intention to Separate Critical Mission Solutions Business

Digital & technological solutions and Focus 2023 efforts are likely to reflect on Jacobs' (J) fiscal Q2 performance. However, higher expenses might have been a headwind.

Jacobs (J) is Set to Report Q2 Earnings: What's in Store?

Framework to support digital innovation and implementation DALLAS , May 4, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to Anglian Water's Asset Management Specialist Consultancy Framework, to provide a range of technical consulting services across the company's digital and physical assets portfolio. Supplying services to almost seven million people, Anglian Water is the largest water and water recycling company in England and Wales by geographic area.

Jacobs Provides Asset Management Consulting Services to Anglian Water

Evoqua Water Technologies

Investors looking for stocks in the Technology Services sector might want to consider either Jacobs Solutions (J) or Evoqua Water (AQUA). But which of these two stocks is more attractive to value investors?

J vs. AQUA: Which Stock Is the Better Value Option?

The mean of analysts' price targets for Jacobs Solutions (J) points to a 32.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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