Group 1 - Jacobs Solutions was formed from Jacobs Engineering Group on August 29th, 2022, with each shareholder receiving shares in the new NYSE-listed Jacobs on a 1:1 basis [1] - The company focuses on innovation across various sectors and aims to find investments that combine growth, unique opportunities, and value for both shareholders and customers [1] Group 2 - The analyst expresses a potential interest in initiating a long position in Jacobs Solutions within the next 72 hours [2] - The article reflects the author's personal opinions and does not represent any business relationship with the companies mentioned [2]

Core Insights - Jacobs has been selected by Boise Airport to assist in a multi-year capital expansion plan to accommodate an 81% increase in passenger demand over the past decade [1][3] Group 1: Project Details - The expansion plan includes the construction of Concourse A, renovation of Concourse B, and potential improvements to other terminal facilities [1][2] - The design phase for the Concourse A Development and Concourse B Renovation projects is set to begin in 2025 [3] Group 2: Economic Impact - The growth of Boise Airport is critical for economic development in Idaho, connecting the state's capital with 27 non-stop destinations over the past year [3] - Jacobs emphasizes the importance of managing complex infrastructure projects to enhance passenger experience and prepare for future growth [3][4] Group 3: Company Profile - Jacobs is ranked No. 2 in Transportation by Engineering News-Record and provides comprehensive services in various sectors including transportation, energy, and environmental solutions [4][5] - The company generates approximately $12 billion in annual revenue and employs nearly 45,000 people [5]

Core Insights - Jacobs Solutions Inc. has secured a $13.4 million operational technology cybersecurity contract with Hampton Roads Sanitation District, marking it as one of the largest contracts in the U.S. wastewater sector [1] - The contract enhances Jacobs' position in the industrial cybersecurity market, particularly in safeguarding critical infrastructure against rising cyber threats [2][6] Company Strategy and Market Position - The contract involves comprehensive cybersecurity measures, including network engineering and monitoring across 30 square miles of wastewater infrastructure [4] - Jacobs served over 40 U.S. water utilities in fiscal 2024, showcasing its capability in providing advanced industrial cybersecurity solutions [5] - The company is strategically positioned to benefit from increased investment in infrastructure security, indicating strong growth potential in the OT cybersecurity sector [6] Financial Performance and Outlook - Jacobs' backlog increased by 18.9% year over year to $21.8 billion, reflecting strong project wins and robust demand [10] - The book-to-bill ratio was 1.00x for the quarter and 1.3x over the trailing 12 months, indicating future revenue stability [10] - Earnings estimates for fiscal 2025 have slightly declined to $6.05 per share, but still indicate a 14.6% growth from fiscal 2024 [8]

Core Insights - Jacobs has been awarded a significant operational technology (OT) cybersecurity contract by Hampton Roads Sanitation District (HRSD), valued at $13.4 million, aimed at enhancing cybersecurity for wastewater treatment services [2][3] - The contract is notable as one of the largest OT cybersecurity services contracts awarded by a U.S. wastewater utility, reflecting the growing demand for cybersecurity in critical infrastructure [2][3] - The collaboration aims to establish HRSD as a benchmark for cybersecurity excellence in the water and wastewater sector, ensuring the protection of public health and the environment [3] Company Overview - Jacobs is recognized as a leader in OT cybersecurity within the water sector, having served over 40 water utilities across the U.S. in fiscal year 2024 [4] - The company specializes in industrial cybersecurity, leveraging deep knowledge of vertical asset engineering and industrial control systems [4] - Jacobs operates with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing comprehensive services across various sectors including energy, environmental, and water [5]

Core Insights - Jacobs has been recognized for its sustainability efforts, earning a place in the Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the fifth consecutive year [1][2] - The company received a Gold Medal from EcoVadis, an AA in MSCI ESG Ratings, and maintains its ISS ESG Corporate Rating Prime Status and Sustainalytics medium risk rating [1][2] - Jacobs launched the Evolve tool to integrate sustainability into all projects, aiming for 100% alignment with the United Nations Sustainable Development Goals [3] Company Performance - Jacobs reported approximately $12 billion in annual revenue and employs nearly 45,000 people [4] - The company provides end-to-end services across various sectors, including advanced manufacturing, energy, environmental, and transportation [4] Industry Position - Jacobs is ranked No. 2 globally in Environmental & Sustainability Consultancy by Environment Analyst [1] - The Dow Jones Sustainability World Index tracks the financial performance of leading sustainability-driven companies, with Jacobs being one of only 321 organizations globally to be included from over 13,000 publicly traded companies [2]

Core Insights - Jacobs has been appointed as the Construction Manager as Advisor (CMa) for the Long-Baseline Neutrino Facility (LBNF) Near Site Conventional Facilities project at Fermilab, a leading U.S. particle physics laboratory [1][2][4] - The total project cost for the LBNF facility exceeds $1 billion, with construction expected to commence in 2025 [4] Company Overview - Jacobs has a strong history of delivering complex underground and deep concrete infrastructure projects, including notable works such as the Grand Central Madison program and the Thames Tideway Tunnel [3] - The company reported approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors [5] Project Details - The LBNF project will support the Deep Underground Neutrino Experiment (DUNE) and involves both above and below-ground construction [2][4] - Jacobs will provide project and construction management, as well as safety oversight for the facilities that will house the DUNE Near Detector [2][4]

Core Viewpoint - Jacobs is positioning itself to capitalize on investment megatrends and high-growth markets, targeting a 6-8% organic adjusted net revenue growth from FY25-29 and aiming for a 16%+ adjusted EBITDA margin with a 10%+ free cash flow margin by FY29 [1][2]. Financial Targets - The company has set the following financial targets for FY25-29: - Adjusted Net Revenue (Organic): +6% to 8% CAGR - Adjusted EBITDA Margin: +50 to 80 basis points per year - Adjusted EBITDA: +10% to 14% CAGR - Free Cash Flow: 10%+ FCF margin by FY29 [4]. Market Opportunities - Jacobs identifies significant serviceable addressable markets (SAM) in various sectors: - Water and Environmental: Estimated $220 billion SAM, focusing on water scarcity, wastewater challenges, and digital solutions - Life Sciences and Advanced Manufacturing: Estimated $120 billion SAM, driven by drug launches and semiconductor demand - Critical Infrastructure: Estimated $390 billion SAM, with opportunities in energy, transportation, and digital integration [6]. Growth Strategy - The company's strategy, "Challenge Accepted," aims to transform Jacobs into a more focused business that can drive profitable growth and deliver market-leading solutions in infrastructure, water, life sciences, and advanced manufacturing [1][2]. Financial Outlook - Jacobs anticipates mid-to-high single-digit growth in adjusted net revenue for fiscal 2025 compared to fiscal 2024, with an adjusted EBITDA margin of 13.8-14.0% and free cash flow conversion exceeding 100% of net income [3].

Core Viewpoint - Jacobs has been selected as Program Manager and Owners Engineer by Xcel Energy to support a multi-billion-dollar capital program aimed at enhancing energy services while transitioning to a low-carbon future [1][2][4]. Group 1: Project Overview - Xcel Energy is planning a significant capital program to improve energy services across eight states, with Jacobs assisting in establishing a Central Program Office and Major Projects Group [2][3]. - The investment plan announced by Xcel Energy in October 2024 amounts to $45 billion, focusing on creating a cleaner, stronger, and more efficient energy grid [4]. Group 2: Jacobs' Role and Expertise - Jacobs will manage a portfolio of projects for Xcel Energy, standardizing processes and transferring knowledge to Xcel Energy employees to ensure consistent execution [3][4]. - The collaboration continues Jacobs' long-standing relationship with Xcel Energy, leveraging its extensive experience in transmission, distribution, and generation projects across various regions [4][5]. Group 3: Industry Recognition - Jacobs has been recognized as the No.1 firm for program management for four consecutive years by Engineering News-Record and holds high rankings in Power, Solar Power, and Wind Power sectors [6].

Jacobs Solutions' (NYSE: J ) 1Q25 results were rather muted. Some end markets performed well, like the Water & Environmental end market, but others lagged, like the advanced manufacturing. However, Jacob's near- as well as long-term outlook looks good, with a potential for margin improvement goingI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are ...

Modernizing drinking water infrastructure for treatment of long-lasting synthetic chemicalsDALLAS, Feb. 6, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the City of Boynton Beach in South Florida to evaluate and design upgrades at two water treatment plants to remove per- and polyfluoroalkyl substances (PFAS) from the city's groundwater supplies to comply with new U.S. federal drinking water regulations. Boynton Beach East At a combined treatment capacity of 30 million gallons per day, the two ...