Is the business good?
How good a business is J?
Jacobs Solutions earns 9.0% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
9.0%
Return on invested capital · cost of capital 9.0% · 0.05 points above what the capital costs: growth creates value
- Operating margin
- 4.6%
Operating margin · Engineering & Construction median 7.4% · 12 months to Q3 2026
- Cash conversion
- 1.91×
Cash conversion · 0.84× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −1.3%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 4.0% |
| FY2021 | 4.9% |
| FY2022 | 5.5% |
| FY2023 | 6.2% |
| FY2024 | 6.0% |
| FY2025 | 7.2% |
Details›
- Gross margin12 months to Q3 2026
- 22%
- Operating margin12 months to Q3 2026
- 4.6%
- Net margin12 months to Q3 2026
- 2.4%
- Free cash flow margin
- 4.5%
- Revenue, trailing twelve months
- $14.2B
- Free cash flow, trailing twelve months
- $645M
- Net income, trailing twelve months
- $338M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Engineering & Construction
Ranks #18 of 27 by Smart Score