Latest revenue
$3.69B
as of 2026-03-27
Latest net income
$-45.9M
as of 2026-03-27
Net margin
-1.2%
as of 2026-03-27
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $15.24B
- Enterprise value
- $16.23B
- P/E (trailing)
- 52.7×
- Forward P/E
- —
- P/B
- 4.43×
- Dividend yield
- 1.2%
- 52-wk high
- $168.44
- 52-wk low
- $105.68
- Beta
- —
- Shares out
- 132.9M
5-year trend
What this company does
Jacobs Solutions is a global professional services firm providing engineering, consulting, and program management for infrastructure projects like water systems, transportation networks, advanced manufacturing facilities, and environmental remediation. It earns revenue almost entirely from fee-based client contracts, billing for technical labor and project delivery, generating $3.3 billion in the latest quarter. The company recently completed a spin-off of its critical mission solutions business, sharpening focus on infrastructure and advanced facilities while returning capital aggressively through $252 million in quarterly buybacks.
Generated from J's filing dated 2025-11-20
Key risks
- Leverage rising: long-term debt grew to $2.49B (from $2.24B) while equity fell to $3.44B after $252M Q1 buybacks and $38M dividends.
- Redeemable noncontrolling interests of $1.09B with a $65.6M redemption-value adjustment hitting retained earnings, signaling dilutive cash claims outside common equity.
- Goodwill and intangibles total $5.48B—roughly 47% of assets and 159% of Jacobs equity—exposing investors to material impairment risk if margins falter.
Generated from J's filing dated 2025-11-20
Profitability
Gross margin
24.8%
0.7%Operating margin
7.2%
19.2%Net margin
2.4%
65.7%Return on equity
7.9%
55.1%Return on assets
2.6%
62.5%Leverage
Debt / equity
2.09×
31.9%Long-term debt / equity
0.61×
107.2%Debt / assets
67.6%
10.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-27 | $3.69B | +27.0% | $-45.9M | -917.6% | -1.2% |
Q4 2025 2025-12-26 | $3.29B | +12.3% | $125.5M | +792.3% | 3.8% |
Q3 2025 2025-09-26 | $3.15B | +6.6% | $134.8M | -58.6% | 4.3% |
Q2 2025 2025-06-27 | $3.03B | +5.1% | $167.1M | +13.7% | 5.5% |
Q1 2025 2025-03-28 | $2.91B | +2.2% | $5.6M | -96.5% | 0.2% |
Q4 2024 2024-12-27 | $2.93B | +4.4% | $-18.1M | -110.6% | -0.6% |
Q3 2024 2024-09-27 | $2.96B | — | $325.4M | — | 11.0% |
Q2 2024 2024-06-28 | $2.88B | -31.1% | $146.9M | -10.5% | 5.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Heavy Construction Other Than Bldg Const - Contractors · SIC 1600
Your notes
Keep private notes on J — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$813.5K
Insider selling
$193.1K
Net activity
+$620.4K
Distinct insiders
5
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns J
Institutional value
$7.71B
Total shares held
63.7M
Distinct holders
654
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.5M | $1.34B | — | New |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 7.6M | $971.5M | — | New |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.8M | $605.8M | — | New |
| 4 | PRIMECAP MANAGEMENT CO/CA/ | 4.5M | $574.7M | — | New |
| 5 | Ninety One UK Ltd | 3.3M | $414.3M | — | New |
| 6 | Invesco Ltd. | 2.9M | $369.2M | — | New |
| 7 | Boston Partners | 2.4M | $309.4M | — | New |
| 8 | Allspring Global Investments Holdings, LLC | 1.7M | $212.3M | — | New |
| 9 | DIMENSIONAL FUND ADVISORS LP | 1.1M | $142.0M | — | New |
| 10 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.1M | $140.5M | — | New |
| 11 | FIRST TRUST ADVISORS LP | 820.0K | $104.4M | — | New |
| 12 | CI INVESTMENTS INC. | 747.2K | $95.1M | — | New |
| 13 | Legal & General Group Plc | 681.7K | $86.8M | — | New |
| 14 | VANGUARD FIDUCIARY TRUST CO | 661.5K | $84.2M | — | New |
| 15 | Bank of New York Mellon Corp | 639.3K | $81.4M | — | New |
| 16 | DEUTSCHE BANK AG\ | 610.5K | $77.7M | — | New |
| 17 | UBS Group AG | 559.9K | $71.3M | — | New |
| 18 | JPMORGAN CHASE & CO | 451.3K | $56.3M | — | New |
| 19 | Robeco Institutional Asset Management B.V. | 409.1K | $52.1M | — | New |
| 20 | Vontobel Holding Ltd. | 390.8K | $49.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Long-term debt rose $250M to $2.49B while you repurchased $252M of stock—why lever up to buy back shares at this valuation?
- 2
Redeemable noncontrolling interests grew to $1.09B with a $65.6M redemption value adjustment hitting retained earnings—when does PA Consulting put/redemption crystallize?
- 3
Gross margin compressed from 24.6% to 23.2% year-over-year despite 12% revenue growth—what's driving the mix deterioration and is it structural?
Refreshed when J files a new report · last from 2025-11-20