DISCLAIMER Forward-Looking Statement Disclaimer Certain statements contained in this presentation constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," "target," "goal" an ...

Financial Data and Key Metrics Changes - Total gross revenue increased over 4% in Q1 with adjusted net revenue rising over 5% [7][18] - GAAP EPS was negative $0.10, impacted by a negative $1.16 from mark-to-market loss in investment [8] - Adjusted EPS was $1.33, an 8% decrease year-over-year due to a favorable tax item last year [8][19] - Adjusted EBITDA for Q1 was $282 million, representing a 24% year-on-year increase [9][19] - Consolidated backlog increased 19% year-over-year, reaching $21.8 billion [21] Business Line Data and Key Metrics Changes - Infrastructure and Advanced Facilities saw adjusted net revenue increase by 11% year-over-year [22] - Life Sciences and Advanced Manufacturing grew adjusted net revenue by over 1%, with Life Sciences showing strength [23] - Critical Infrastructure adjusted net revenue increased 5% year-over-year, with North America outpacing total growth [24] - Operating profit in Infrastructure and Advanced Facilities increased by 26% year-over-year [25] Market Data and Key Metrics Changes - Strong demand for Water and Environmental Services across all major geographies [22] - Life Sciences pipeline remains robust, with significant growth expected [23] - Advanced Manufacturing is expected to improve in the second half of the year as new projects ramp up [24][62] Company Strategy and Development Direction - The company is focused on leveraging its global delivery model and end-to-end expertise for long-term shareholder value [7] - Plans to present a strategic vision for Jacobs at the upcoming Investor Day on February 18 [6][16] - Continued emphasis on organic growth, returning capital to shareholders, and potential M&A as an accelerator [85] Management's Comments on Operating Environment and Future Outlook - Customer sentiment remains positive despite political narratives, with double-digit pipeline growth across sectors [40][41] - Confidence in continued growth in Water and Environmental solutions, driven by urbanization and aging infrastructure [56] - Anticipated revenue growth in the second half of the year, particularly in Advanced Manufacturing due to reshoring efforts [62] Other Important Information - Free cash flow for Q1 was $97 million, with $202 million in share repurchases [27][29] - New $1.5 billion share repurchase authorization approved, the largest in company history [29] - Fiscal '25 outlook for adjusted net revenue growth is mid- to high single digits year-over-year [31] Q&A Session Summary Question: Customer sentiment and backlog insights - Management noted that customer sentiment is positive, with no dramatic shifts in behavior despite political narratives [40][41] Question: Margin guidance and initiatives - Margin performance is attributed to cost controls, operating leverage, and improved execution across the asset life cycle [46][47] Question: Growth in Water and Environmental segment - Management expressed confidence in continued growth due to urbanization and climate effects, with deregulation serving as a catalyst [56][57] Question: Advanced Manufacturing visibility - Management indicated that while Advanced Manufacturing is currently weak, there is confidence in growth due to a strong pipeline and reshoring efforts [62] Question: Backlog and pipeline health - Management clarified that the focus on trailing 12-month backlog reflects consistent growth and is not indicative of weakening demand [73][74] Question: PA Consulting revenue growth - Management highlighted that revenue growth is expected to ramp up as larger jobs are finalized, particularly in the U.K. public sector [80] Question: Capital allocation and M&A considerations - Management emphasized organic growth as the top priority, with share repurchases and dividends also being key focuses, while M&A remains an option [85] Question: U.S. federal government exposure - Management stated that less than 10% of business is tied to federal agencies, with no significant impact from current political narratives [92] Question: European and Middle Eastern business outlook - Management reported strong pipelines in the Middle East and positive growth in Europe, particularly in energy and infrastructure sectors [99][100]

Jacobs Solutions Inc. (J) started fiscal 2025 on a solid note, with its first-quarter fiscal 2025 (ended Dec. 24, 2024) adjusted earnings and revenues surpassed the Zacks Consensus Estimate. Shares of this construction and technical services company gained more than 1.6% in the pre-market trading session, following the earnings release.See the Zacks Earnings Calendar to stay ahead of market-making news.While earnings per share (EPS) declined due to non-recurring tax benefits from the prior year, Jacobs' adj ...

Jacobs Solutions (J) reported $2.93 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 29.5%. EPS of $1.33 for the same period compares to $2.02 a year ago.The reported revenue represents a surprise of +0.09% over the Zacks Consensus Estimate of $2.93 billion. With the consensus EPS estimate being $1.29, the EPS surprise was +3.10%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 27, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-7463 JACOBS SOLUTIONS INC. (Exact name of registrant as specified in its charter) | Delaware | | | | 88-1121891 | | --- | --- | -- ...

Backlog Grows by 18.9% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3xRepurchased $202 Million of our Shares During Q1Board Authorizes $1.5 Billion for Company's Largest Ever Share Repurchase ProgramIncreasing Dividend to $0.32/share, a 10% Increase Year-Over-YearRaising FY 2025 Adjusted EPS Guidance RangeDALLAS, Feb. 4, 2025 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended December 27, 2024.Q1 2025 Highlights1: Gross revenue of $2.9 ...

Financial Performance - Gross revenue for Q1 2025 was $2.93 billion, representing a year-over-year growth of 4.4%[6] - Adjusted net revenue increased to $2.08 billion, up 5.1% year-over-year[6] - Total revenue for the three months ended December 27, 2024, was $2,932,956, an increase of 4.4% compared to $2,810,227 for the same period in 2023[17] - Adjusted net revenue for the same period was $2,082,497, up from $1,980,976, reflecting a growth of 5.1%[17] - Adjusted EPS for Q1 2025 was $1.33, down 8.3% year-over-year, while GAAP EPS was ($0.10)[6] - The company reported a net loss attributable to the Group of $5,003 for the three months ended December 27, 2024, compared to net earnings of $181,454 in the same period of 2023[21] - Adjusted net earnings attributable to Jacobs from continuing operations for the three months ended December 27, 2024, were $165,828,000, down from $183,418,000 in the prior year, representing a decrease of 9.1%[39] - The diluted net loss from continuing operations per share for the three months ended December 27, 2024, was $(0.10), compared to earnings of $1.03 per share for the same period in 2023[42] - For the three months ended December 27, 2024, Jacobs reported a net loss attributable to continuing operations of $17,129,000 compared to a profit of $128,346,000 for the same period in 2023[45] - Basic net loss earnings from continuing operations per share was $(0.10), down from $1.03 in the same quarter of the previous year[45] - Basic (loss) earnings per share for the quarter was $(0.11), compared to $1.37 in the prior year[45] Backlog and Operational Metrics - Backlog reached $21.8 billion, an 18.9% increase compared to the previous year[6] - The backlog as of December 27, 2024, was $21,815 million, up from $18,348 million, indicating a growth of 13.4% year-over-year[22] - The backlog, representing expected revenue from work to be completed, is a key operational metric that the company uses to evaluate business trends and make strategic decisions[31] Shareholder Actions - The company repurchased $202 million of its shares during Q1 2025[2] Profitability and Margins - The adjusted EBITDA margin is projected to range from 13.8% to 14.0% for fiscal 2025[4] - Segment operating profit for Infrastructure & Advanced Facilities increased to $157,776, a rise of 22.4% from $128,892 in the prior year[17] - Total segment operating profit for the three months ended December 27, 2024, was $224,514, an increase of 22.5% from $183,347 in the same period of 2023[17] - Adjusted EBITDA for the three months ended December 27, 2024, was $282,114,000, compared to $228,274,000 for the same period in 2023, reflecting a year-over-year increase of 23.6%[44] - The adjusted operating margin for the company was calculated as a ratio of adjusted operating profit to adjusted net revenue, providing insights into operational efficiency[29] Investment and Losses - The company recorded $145 million in mark-to-market losses on its investment in Amentum, impacting net income[6] - The company incurred $145.2 million in mark-to-market losses associated with its investment in Amentum stock during the quarter[18] Cash and Liabilities - Cash and cash equivalents at the end of the period were $1,300,441, compared to $1,157,256 at the end of the same period last year, representing an increase of 12.3%[21] - Current assets increased to $4,946,964 from $4,895,580, reflecting a growth of 1.0%[20] - Total current liabilities decreased to $3,943,095 from $4,079,741, a reduction of 3.3%[20] Taxation - The adjusted effective tax rate from continuing operations increased to 27.5% for the three months ended December 27, 2024, compared to a negative rate of (6.9)% in the prior year[36] - The adjusted income tax expense from continuing operations for the three months ended December 27, 2024, was $(70,200,000), compared to a benefit of $12,669,000 in the prior year[36] Future Outlook - The company raised its adjusted EPS guidance for fiscal 2025 from $5.80-$6.20 to $5.85-$6.20[4] - Jacobs will host its Investor Day on February 18, 2025, to discuss long-term strategy[5]

Largest repurchase program in company's historyDALLAS, Feb. 4, 2025 /PRNewswire/ -- The Jacobs' (NYSE: J) Board of Directors has approved a new incremental share repurchase authorization (the "2025 Share Repurchase Program"). The 2025 Share Repurchase Program authorizes the purchase of up to $1.5 billion of Jacobs' common stock over a three-year period.Jacobs Chair and CEO Bob Pragada said, "The Board's authorization of a $1.5 billion share repurchase program, the largest in our company's history, underscor ...

The Transpennine Route Upgrade will deliver faster, more frequent and more reliable journeys across the North of EnglandDALLAS, Feb. 3, 2025 /PRNewswire/ -- Jacobs (NYSE: J) has been selected by Network Rail as Technical Services Integration Delivery Partner for the Transpennine Route Upgrade (TRU), a transformative, major program of railway improvements planned to deliver faster, more frequent and more reliable journeys along a 70-mile route with 23 stations – stretching from York to Manchester, via Leeds ...

Jacobs Solutions, Inc. (J) is slated to report first-quarter fiscal 2025 results on Feb. 4, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 0.7%, and revenues missed the same by 1.1%. On a year-over-year basis, its adjusted earnings grew 28%, and revenues inched up 4.4%.The leading provider of professional, technical and construction services’ earnings have topped the consens ...