JACOBS SOLUTIONS INC. (J)

Jacobs Solutions Inc. is a global professional services company that provides consulting, advisory, planning, design, engineering, program delivery and lifecycle management services. It describes itself as a science-based consulting and advisory leader focused on digitally enabled, resilient solutions for sustainability, critical infrastructure and advanced manufacturing challenges. It has a workforce of about 43,000 people and operates in more than 40 countries. Its multi-year growth strategy, "Challenge Accepted," launched in February 2025, targets water and environmental, life sciences and advanced manufacturing, and critical infrastructure.

In fiscal 2025 the company reported two operating segments. Infrastructure & Advanced Facilities (I&AF) was formed after the September 2024 separation of the Critical Mission Solutions and Cyber & Intelligence businesses, which were merged with Amentum and are reported as discontinued operations. I&AF provides end-to-end solutions across Critical Infrastructure, Water & Environmental, and Life Sciences & Advanced Manufacturing. Its skills include consulting, planning, architecture, design, engineering, project, program and construction management, and long-term facility operation. These are delivered as standalone engagements, program management partnerships, and selective progressive design-build and construction-management-at-risk services. The second segment is the company's 65% stake in PA Consulting, a U.K.-based innovation and transformation consultancy acquired in 2021. PA Consulting has about 4,000 people working across seven sectors. The company also offers data, digital, AI, software, cybersecurity and sustainability tools and services, including social value advisory through its subsidiary Simetrica-Jacobs.

Jacobs serves national, state and local governments in the U.S., Europe, the U.K., the Middle East and Asia Pacific, as well as multinational and local private sector clients. U.S. federal government agencies accounted for 8% of fiscal 2025 revenue from continuing operations. PA Consulting's clients include Diageo, Microsoft, Unilever, the U.K. Ministry of Defence and National Highways. By contract type, 68% of fiscal 2025 revenue came from cost-reimbursable contracts and 32% from fixed-price, limited-risk contracts. Most contracts can be terminated at the client's discretion.

The company competes with technology, consulting and engineering firms worldwide, and no single firm dominates its markets. Named competitors include AECOM, Tetra Tech, WSP, Arcadis, Bechtel, Arup, Stantec, Parsons, Accenture, AtkinsRealis, Fluor, Deloitte, KPMG, PwC, Bain and McKinsey. It sometimes partners with competitors on projects. Competition is based on technical capabilities, reputation for quality, price, safety record, availability of qualified personnel, and ability to perform on time. In fiscal 2025 the company repurchased $754.1 million of shares and paid quarterly dividends of $0.29 and then $0.32 per share.