Jacobs Solutions Inc. (J) is set to deliver architecture and engineering services through a multiple-award task order contract from the Japan District of the U.S. Army Corps of Engineers (USACE).Valued at a total aggregate contract capacity of $249 million, this contract is considered for supporting the U.S. Department of Defense. Jacobs will offer services during a seven-year performance period, comprising a five-year base period and a two-year option period.Jacobs’ Work ScopePer the contract, the company ...

Architecture, engineering and facilities design supports more resilient installations for U.S. Department of Defense DALLAS, Jan. 23, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the Japan District of the U.S. Army Corps of Engineers (USACE) to deliver architecture and engineering services through a multiple award task order contract to support the U.S. Department of Defense (DoD). Under this contract, Jacobs will provide a range of services for the U.S. Military construction, sustainment, restorat ...

Jacobs Solutions Inc. (J) has been selected by Ireland’s National Transport Authority (NTA) to offer Client Partner delivery services for BusConnects Dublin.The BusConnects Dublin, under the Core Bus Corridors Infrastructure Works Program, is a critically crafted 10-year initiative. It comprises 12 core bus corridors planned to substantially upgrade walking, cycling and bus infrastructure in Dublin and the Greater Dublin Area while addressing climate change.The primary aim of this developmental program is t ...

DALLAS, Jan. 14, 2025 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal first quarter 2025 earnings results before market open on Tuesday, Feb. 4, 2025, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends. Interested parties can listen to the conference call via a webcast and view accompanying slides at jacobs.com. About Jacobs At Jacobs, we're challenging today to reinvent tomorrow – delivering ...

Core Insights - Jacobs has been selected by the National Transport Authority (NTA) in Ireland to provide Client Partner delivery services for the BusConnects Dublin program, a ten-year initiative aimed at enhancing public transit and addressing climate change in Dublin [1][2] - The program includes the development of approximately 230 kilometers (~142 miles) of bus priority corridors and around 200 kilometers (~124 miles) of cycle paths and pedestrian facilities, promoting active travel and improving connectivity [2][3] - This initiative is part of a broader strategy to support sustainable mobility and climate resilience in Ireland, serving as a blueprint for future BusConnects programs in other cities [3][4] Company Overview - Jacobs is a global company with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing end-to-end services across various sectors including transportation, energy, and environmental services [6] - The company has a long-standing relationship with the NTA and brings extensive experience from critical transportation infrastructure projects both in Ireland and internationally [2][4] - Jacobs aims to deliver solutions for complex challenges, focusing on creating a more connected and sustainable world through its diverse service offerings [6]

Jacobs Solutions Inc. (J) has been awarded a contract by Metro Vancouver to manage the Coquitlam Lake Water Supply Project in British Columbia, Canada. The project aims to expand access to water from Coquitlam Lake, the region's largest drinking water source. It is designed to enhance water treatment and distribution infrastructure while improving resilience to climate change.The company will oversee permitting, design, project controls and construction of critical infrastructure, including a modern intake ...

Core Insights - Jacobs has been awarded a contract by the Omaha District of the U.S. Army Corps of Engineers (USACE) to provide architecture and engineering services for various environmental projects, emphasizing the company's commitment to supporting cleaner and more resilient communities [1][3] Contract Details - The total contract capacity is valued at $249 million, covering a range of services including environmental compliance and studies related to the Compensation and Liability Act and Resource Conservation and Recovery Act [2] - The contract commenced on October 1, 2024, and spans a five-year period with an option for a two-year extension for task orders [3] Company Performance - In 2024, Jacobs has secured 15 selections and/or contract awards from USACE, with a total capacity exceeding $2 billion across all contracts [3] - Jacobs is recognized as a leader in various environmental sectors, ranking No. 1 in Government Office Design and Hazardous Waste, and No. 2 in Chemical & Soil Remediation and Site Assessment & Compliance according to Engineering News-Record [4] Company Overview - Jacobs generates approximately $12 billion in annual revenue and employs nearly 45,000 people, providing comprehensive services across multiple sectors including advanced manufacturing, energy, and environmental solutions [5]

Business Strategy and Acquisitions - The company’s business strategy includes growth through acquisitions and strategic investments, such as CH2M, BlackLynx, and StreetLight[237]. - Acquisitions may involve significant risks, including the assumption of unknown liabilities and potential failure to realize anticipated benefits[239]. - The company may face substantial transaction costs associated with business combinations and strategic investments, which could adversely affect financial results if transactions are not consummated[245]. - There is no assurance that the company will continue to find suitable acquisition targets or that financing will be available on attractive terms[242]. - The company’s leadership must successfully integrate acquired companies to avoid harm to operating results and ensure continued growth[241]. Climate Change and Environmental Impact - Climate change-related events could have immediate and long-term impacts on the company’s operations, potentially leading to financial losses and increased costs[260]. - Regulatory responses to climate change may increase project costs for clients, potentially reducing demand for the company’s services[261]. - The company is subject to various environmental, health, and safety-related laws, which could impose significant additional costs and liabilities[250]. - Non-compliance with governmental requirements could adversely affect the company’s business and financial condition[254]. - The company may incur additional expenses due to regulatory requirements for disclosures regarding greenhouse gas emissions and broader ESG-related factors[262]. - Jacobs has set ambitious climate commitments to remain carbon neutral for operations and business travel and achieve net-zero for the entire value chain by 2040[263]. - The company acknowledges that some emission reductions in recent years may have been influenced by the global COVID-19 pandemic, and it is implementing measures to establish a sustainable trajectory moving forward[265]. - Increased scrutiny on ESG practices may impose additional costs and risks, potentially impacting the company's reputation and ability to attract new business[266]. Financial Risks and Liquidity - Jacobs relies on liquidity from credit facilities, and any breach of covenants could limit borrowing capacity and adversely affect business operations[267]. - Disruptions in credit markets could hinder access to funding, impacting clients' ability to finance projects and leading to potential contract cancellations or delays[271]. - The company is exposed to interest rate risk due to variable rate indebtedness, which could increase debt service obligations and decrease net income if interest rates rise[274]. - Sustainability-linked KPIs included in credit facilities may result in increased debt payment obligations if targets related to gender diversity and GHG emissions are not met[277]. - Quarterly results may fluctuate significantly due to various factors, potentially impacting the stock price negatively[278]. - The ability to pay dividends is subject to capital availability and Board determinations, and any reduction in dividends could negatively affect stock price[279]. - Jacobs is a holding company reliant on subsidiary performance for funding operations, and restrictions on dividends or repatriation of earnings could impact financial stability[285]. - As of September 27, 2024, the company had an aggregate of $1.13 billion in outstanding borrowings under its Revolving Credit Facility and Term Loan Facilities[419]. - The company has $200.0 million in swap agreements to convert variable rate interest liabilities into fixed rate liabilities, leaving $0.93 billion subject to variable interest rate risk[420]. - For the year ended September 27, 2024, the company's weighted average floating rate borrowings subject to floating rate exposure were approximately $1.4 billion[421]. - If floating interest rates had increased by 1.00%, the company's interest expense for the year would have increased by approximately $14.1 million[421]. - The company has $827.3 million in notional value of exchange rate sensitive instruments as of September 27, 2024[423].

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Core Insights - Jacobs Solutions Inc. reported mixed results for Q4 fiscal 2024, with earnings exceeding estimates while revenues fell short, although both metrics showed year-over-year growth [1][4] - The company's shares rose by 1.3% in pre-market trading following the earnings announcement [1] Financial Performance - Adjusted EPS for Q4 was $1.37, beating the consensus estimate of $1.36 by 0.7%, and up 28% from $1.07 a year ago [4] - Total revenues reached $2.96 billion, missing the consensus mark of $2.99 billion by 1.1%, but grew 4.4% year-over-year [4] - Adjusted operating profit increased by 9.4% to $280 million, with an adjusted operating margin of 13.2%, up 73 basis points from the previous year [5] - Adjusted EBITDA was $289 million, reflecting a 12.5% year-over-year increase, with a margin of 13.6% [5] Segment Performance - The Infrastructure & Advanced Facilities segment generated revenues of $2.67 billion, a 4.9% increase year-over-year, with adjusted operating profit growing 12.4% to $219 million [6] - The backlog for this segment was $21.47 billion, up from $17.53 billion a year ago, driven by strong project wins [7] - PA Consulting reported revenues of $289.4 million, a slight increase of 0.5% year-over-year, with an adjusted operating profit of $62 million [8] Fiscal Year Highlights - For fiscal 2024, GAAP revenue was $11.5 billion, up 6% from the previous year, while adjusted net revenue reached $8.3 billion, a 5.1% increase [9] - Adjusted EPS for the fiscal year was $5.28, reflecting a 15.8% year-over-year growth [9] - Free cash flow for fiscal 2024 was $933.6 million, up from $837.3 million a year ago [10] Future Guidance - For fiscal 2025, adjusted net revenue is expected to grow at mid-to-high single digits year-over-year, with adjusted EBITDA margins projected between 13.8% and 14.0% [11][12] - Adjusted EPS is anticipated to be between $5.80 and $6.20, indicating a year-over-year growth of 10%-17% [12]