JJacobs Solutions
Is the business good?
The checks split: 7 of 9 health tests passed and earnings fully cash-backed (1.8×), but margins compressing.
High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Operating profit is falling even as sales grow, costs are outrunning the top line.
A balanced mix of margins, efficiency, and leverage. ROE 11% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
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.
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 7.5% · 12 months to Q3 2026
- Cash conversion
- 1.79×
Cash conversion · 0.86× a year ago · operating cash flow covers the operating profit after tax
- 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 is operating cash flow over operating profit after tax.
Engineering & Construction
The closest names by size in the same industry