Jacobs Solutions Inc

J

Equity

ISIN US46982L1089 / Valor 121201417

New York Stock Exchange, Inc (2024-12-24)

USD 136.00+0.53%

Jacobs Solutions Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Jacobs Solutions Inc. is a global leader in delivering professional services across a wide range of sectors including government and private sectors, with a strong focus on addressing critical issues such as urban development, environmental resilience, operational efficiency, scientific innovation, and advanced manufacturing. With an annual revenue of approximately $16 billion and a workforce exceeding 60,000, the company offers a comprehensive suite of services encompassing consulting, technical expertise, scientific research, and project delivery. Over the past three decades, Jacobs has played a pivotal role in enhancing water quality and safety in the U.S. and Canada through the development and implementation of strategies related to the Lead and Copper Rule, including water quality monitoring, corrosion control, and lead service line replacement programs. Additionally, the company has been at the forefront of water reuse initiatives, leveraging advanced wastewater treatment technologies since the 1960s to promote sustainable water management practices. Jacobs also specializes in securing federal funding for infrastructure projects aimed at creating more connected and sustainable communities, and it has a long-standing history of providing design-build services to the water sector, showcasing its commitment to innovative and resilient solutions.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

In the fiscal fourth quarter of 2024, Jacobs Solutions Inc. reported a revenue of $3.0 billion, marking a 4.4% year-over-year increase. The adjusted net revenue also saw a rise of 4.3% compared to the previous year, reflecting the company's strong performance in its core operations.

Net Income Surge

Jacobs Solutions Inc. experienced a significant surge in net income for Q4 2024, reaching $309 million, which represents a 333.1% increase year-over-year. This substantial growth was partly driven by $187 million in mark-to-market gains on their investment in Amentum.

Earnings Per Share

The earnings per share (EPS) for Jacobs Solutions Inc. in the fourth quarter of 2024 was $2.38, a remarkable 277.8% increase from the same period in the previous year. The adjusted EPS also rose by 28.0% to $1.37, indicating strong profitability.

Backlog Expansion

Jacobs Solutions Inc. reported a backlog of $21.8 billion at the end of Q4 2024, which is a 22.5% increase year-over-year. The book-to-bill ratio for the quarter was 1.67x, demonstrating robust demand and a healthy pipeline of future projects.

Fiscal Year 2024 Overview

For the entire fiscal year 2024, Jacobs Solutions Inc. achieved a revenue of $11.5 billion, growing by 6.0% compared to the previous year. The net income for the year was $613 million, up 61.6% year-over-year, with an adjusted EPS of $5.28, reflecting a 15.8% increase.

Summarized from source with an LLMView Source

Key figures

34.0%1Y

%3Y

%5Y

Performance

21.5%1Y

23.5%3Y

23.5%5Y

Volatility