Jacobs Engineering Group Inc
NYSE:J
Jacobs Engineering Group Inc
Jacobs Engineering Group Inc., a well-respected entity in the engineering and construction sector, weaves a complex tapestry of projects that span numerous industries, showcasing its versatility and adaptability. Originally founded in 1947, Jacobs has consistently grown from its initial focus on engineering services to become a key player in delivering a broad array of technical, professional, and construction services. Operating in more than 40 countries, the company engages in designing, building, and operating facilities crucial to urban infrastructure, environmental systems, and telecommunications. What sets Jacobs apart is its ability to provide scalable, customized solutions that address the specific needs of each client, ranging from government entities to private sector behemoths.
The backbone of Jacobs' revenue stems from its ability to seamlessly integrate technology into its project delivery, enhancing efficiency and reducing costs. By leveraging its expertise in areas such as sustainability and digital solutions, Jacobs helps clients transform their operations, striking a balance between cutting-edge technology and traditional engineering prowess. The company focuses on sectors like aerospace, water management, and transportation, offering comprehensive services—from strategic consulting to implementing energy-efficient infrastructure. In doing so, Jacobs ensures a steady flow of contracts both short-term and long-term, enabling the company to maintain robust financial health while continuously adapting to the ever-evolving demands of the global market.
Jacobs Engineering Group Inc., a well-respected entity in the engineering and construction sector, weaves a complex tapestry of projects that span numerous industries, showcasing its versatility and adaptability. Originally founded in 1947, Jacobs has consistently grown from its initial focus on engineering services to become a key player in delivering a broad array of technical, professional, and construction services. Operating in more than 40 countries, the company engages in designing, building, and operating facilities crucial to urban infrastructure, environmental systems, and telecommunications. What sets Jacobs apart is its ability to provide scalable, customized solutions that address the specific needs of each client, ranging from government entities to private sector behemoths.
The backbone of Jacobs' revenue stems from its ability to seamlessly integrate technology into its project delivery, enhancing efficiency and reducing costs. By leveraging its expertise in areas such as sustainability and digital solutions, Jacobs helps clients transform their operations, striking a balance between cutting-edge technology and traditional engineering prowess. The company focuses on sectors like aerospace, water management, and transportation, offering comprehensive services—from strategic consulting to implementing energy-efficient infrastructure. In doing so, Jacobs ensures a steady flow of contracts both short-term and long-term, enabling the company to maintain robust financial health while continuously adapting to the ever-evolving demands of the global market.
Strong Quarter: Jacobs delivered very strong Q1 results, exceeding expectations across all key metrics and posting double-digit adjusted EPS growth for the fourth consecutive quarter.
Backlog Record: Backlog grew 21% year-over-year to over $26 billion, with a trailing 12-month book-to-bill of 1.4x and a quarterly book-to-bill of 2.0x, highlighting robust demand and major project awards.
Guidance Raised: Management increased full-year fiscal 2026 outlook for net revenue, adjusted EPS, and free cash flow margin after just one quarter.
PA Consulting Acquisition: Jacobs announced an agreement to acquire the remaining stake in PA Consulting, aiming to accelerate its strategy in digital consulting and AI advisory.
Capital Returns: The company raised its quarterly dividend by 12.5% to $0.36 per share and reaffirmed its target to return at least 60% of free cash flow to shareholders.
AI & Digital: AI, data analytics, and digital twins are increasingly integral to Jacobs’ solutions and are contributing to backlog growth, client wins, and operational efficiency.
