JNYSEHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends October 2
JACOBS SOLUTIONS INC.
Financials through Q3 FY2026, quarter ended Jun 26, 2026Last filing: 10-Q on Aug 4, 2026
$138.34−2.74 (-1.94%)
Close on Oct 19, 2026
- Market cap
- $16.45B
- P/E (TTM)
- 46.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
24.8%+5.7 pts over 5 years
Operating margin
7.2%+3.2 pts over 5 years
Net margin
2.4%−1.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.6% | +7.1% | -2.4% | -0.1% | |
| Gross profit | +5.4% | +5.0% | +2.9% | – | |
| Operating income | +24.7% | +17.0% | +10.0% | +6.8% | |
| Net income | -64.1% | -23.4% | -10.1% | -0.5% | |
| EPS, diluted | -62.3% | -21.8% | -8.5% | -0.1% | |
| Free cash flow | -34.9% | +20.5% | -2.5% | +4.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.9% | 8.5% | 7.1% | |
| Return on assets | 2.8% | 4.1% | 2.5% | |
| Current ratio | 1.61 | 1.54 | 1.30 | |
| Debt to equity | 0.09 | 0.29 | 0.61 | |
| Net debt to EBITDA | -0.64× | 1.30× | 1.06× | |
| Interest coverage | 22.2× | 8.6× | 5.9× | |
| Capex to revenue | 0.6% | 0.9% | 0.7% | |
| Diluted shares | 121M | 133M | 122M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Jacobs Solutions generated $3.92B from operations and spent $3.19B on capital expenditure, dividends and share buybacks. 18% of that went back into the business.
Generated
$3.92B
Used
$3.19B
Capital expenditure$558.26M18%Dividends$647.36M20%Share buybacks$1.98B62%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.4%
×Asset turnover1.05×
×Equity multiplier2.81×
=Return on equity, FY20257.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.4% | 1.05× | 2.81× | 7.1% |
| FY2024 | 7.0% | 0.87× | 2.38× | 14.5% |
| FY2023 | 6.1% | 0.74× | 2.32× | 10.6% |
| FY2022 | 6.6% | 0.67× | 2.44× | 10.7% |
| FY2021 | 3.4% | 1.04× | 2.30× | 8.1% |
| FY2020 | 3.6% | 1.14× | 2.07× | 8.5% |
| FY2019 | 6.7% | 1.06× | 2.08× | 14.7% |
| FY2018 | 1.5% | 1.06× | 1.95× | 3.2% |
| FY2017 | 4.6% | 0.86× | 1.70× | 6.8% |
| FY2016 | 1.9% | 1.45× | 1.77× | 4.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$289.34M
- Cash generatingOperating cash flow above zero$686.70M
- Return on assets improvedROA up on the prior year5.5% → 2.5%
- Earnings backed by cashOperating cash flow above net income$686.70M vs $289.34M
- Less leverageLong-term debt to assets fell11.5% → 19.9%
- Better liquidityCurrent ratio rose1.20 → 1.30
- No dilutionShare count did not rise126M → 122M
- Gross margin improvedGross margin up on the prior year24.63% → 24.81%
- More efficientAsset turnover rose0.79 → 1.02