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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

JACOBS SOLUTIONS INC. J

· Construction · Heavy Construction Other Than Bldg Const - Contractors

FY2025 10-K, filed 2025-11-20
SEC EDGAR

Filing evidence summary

Constructive evidenceCoverage 5/5 core metrics

11 filing-based checks were evaluable.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • No current rule-based risk flags

    11 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +4.6% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-09-26.

  • Operating margin improved

    Operating margin changed +1.2 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-09-26.

  • Free cash flow was positive

    Latest reported free cash flow was $607M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-09-26.

Core trend metrics

Latest annual revenue growth
+4.6%
as of 2025-09-26
Latest annual operating margin
7.2%
as of 2025-09-26
Free cash flow
$607M
as of 2025-09-26
Debt / equity
0.61x
as of 2025-09-26
ROIC snapshot
10.0%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 11 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-09-26
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-09-3010-K filed 2025-11-20prior period 2024-09-30 from the same filingView filing
By geography
Revenue
  • United States$7.42B
    61.6%
    +3.3% yoy
  • Europe$2.87B
    23.9%
    +6.8% yoy
  • Middle Eastand Africa$596M
    5.0%
    +11.1% yoy
  • Australiaand New Zealand$573M
    4.8%
    +4.3% yoy
  • Canada$248M
    2.1%
    -5.2% yoy
  • India$180M
    1.5%
    +18.0% yoy
  • Asia$145M
    1.2%
    +9.3% yoy

Members sum to the consolidated $12B for this period.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-05prior period 2025-03-31 from the same filingView filing
  • United States$2.44B
    66.1%
    +36.0% yoy
  • Europe$800M
    21.7%
    +14.7% yoy
  • Australiaand New Zealand$166M
    4.5%
    +27.3% yoy
  • Middle Eastand Africa$154M
    4.2%
    +2.0% yoy
  • Canada$58.9M
    1.6%
    +6.7% yoy
  • India$37.1M
    1.0%
    -16.6% yoy
  • +1 more member in the filing

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-09-26 · among 4,058 US-listed filers · 320 in Industrials
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$12.0B
89thof 3,301
top third
85thof 305
top third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
4.6%
45thof 3,137
middle third
54thof 294
middle third
Gross margin
gross profit ÷ revenue
24.8%
28thof 1,603
bottom third
58thof 167
middle third
Operating margin
operating income ÷ revenue
7.2%
62ndof 2,819
middle third
60thof 280
middle third
Net margin
net income ÷ revenue
2.4%
50thof 3,263
middle third
46thof 299
middle third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
5.0%
51stof 2,679
middle third
55thof 276
middle third
Return on equity
net income ÷ stockholders' equity (positive equity only)
8.0%
60thof 3,577
middle third
53rdof 281
middle third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
0.5%
85thof 2,895
top third
74thof 266
top third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
91 days
14thof 2,398
bottom third
10thof 238
bottom third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
1.5×
58thof 1,547
middle third
57thof 149
middle third
Cash conversion
operating cash flow ÷ net income (net income > 0)
2.4×
73rdof 1,954
top third
74thof 187
top third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-3.5%
43rdof 2,770
middle third
43rdof 230
middle third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-09-26 · accruals and cash conversion as filed
Cash conversion
2.37×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-3.5%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-
change in net operating assets ÷ average net operating assets
Cash-backed years
4 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.48×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 25 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Operating income
OperatingIncomeLoss
fiscal year 2022-09-30$918M
10-K 2022-11-21
$540M
10-K 2024-11-25
-41.2%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
quarter 2023-06-30$270M
10-Q 2023-08-08
$168M
10-K 2024-11-25
-37.8%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
fiscal year 2023-09-29$1.08B
10-K 2023-11-21
$676M
10-K 2025-11-20
-37.1%first · latest · 3 filings carry it
Goodwill
Goodwill
balance at 2023-09-29$7.34B
10-K 2023-11-21
$4.64B
10-K 2024-11-25
-36.8%first · latest · 5 filings carry it
Operating income
OperatingIncomeLoss
quarter 2023-03-31$290M
10-Q 2023-05-09
$186M
10-K 2024-11-25
-35.9%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
quarter 2022-12-30$238M
10-Q 2023-02-07
$155M
10-K 2024-11-25
-35.0%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
quarter 2024-03-29$281M
10-Q 2024-05-07
$183M
10-Q 2025-05-06
-34.8%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
fiscal year 2022-09-30$14.9B
10-K 2022-11-21
$9.78B
10-K 2024-11-25
-34.4%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2023-03-31$4.08B
10-Q 2023-05-09
$2.68B
10-K 2024-11-25
-34.4%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
quarter 2024-06-28$260M
10-Q 2024-08-06
$171M
10-Q 2025-08-05
-34.4%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
fiscal year 2023-09-29$16.4B
10-K 2023-11-21
$10.9B
10-K 2025-11-20
-33.6%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2023-06-30$4.19B
10-Q 2023-08-08
$2.79B
10-K 2024-11-25
-33.3%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2024-03-29$4.27B
10-Q 2024-05-07
$2.85B
10-Q 2025-05-06
-33.3%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2022-12-30$3.8B
10-Q 2023-02-07
$2.55B
10-K 2024-11-25
-32.9%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2023-12-29$4.16B
10-Q 2024-02-06
$2.81B
10-Q 2025-02-04
-32.4%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerIncludingAssessedTax
quarter 2024-06-28$4.23B
10-Q 2024-08-06
$2.88B
10-Q 2025-08-05
-31.9%first · latest · 3 filings carry it
Receivables
ReceivablesNetCurrent
balance at 2023-09-29$3.56B
10-K 2023-11-21
$2.43B
10-K 2024-11-25
-31.7%first · latest · 5 filings carry it
Operating income
OperatingIncomeLoss
quarter 2023-12-29$204M
10-Q 2024-02-06
$142M
10-Q 2025-02-04
-30.4%first · latest · 3 filings carry it
Intangibles
IntangibleAssetsNetExcludingGoodwill
balance at 2023-09-29$1.27B
10-K 2023-11-21
$951M
10-K 2024-11-25
-25.3%first · latest · 5 filings carry it
Gross profit
GrossProfit
fiscal year 2022-09-30$3.33B
10-K 2022-11-21
$2.58B
10-K 2024-11-25
-22.4%first · latest · 3 filings carry it
Gross profit
GrossProfit
fiscal year 2023-09-29$3.47B
10-K 2023-11-21
$2.71B
10-K 2025-11-20
-21.9%first · latest · 3 filings carry it
Gross profit
GrossProfit
quarter 2023-12-29$851M
10-Q 2024-02-06
$665M
10-Q 2025-02-04
-21.9%first · latest
Gross profit
GrossProfit
quarter 2024-06-28$917M
10-Q 2024-08-06
$721M
10-Q 2025-08-05
-21.4%first · latest
Gross profit
GrossProfit
quarter 2024-03-29$905M
10-Q 2024-05-07
$712M
10-Q 2025-05-06
-21.3%first · latest
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2023-09-29$927M
10-K 2023-11-21
$771M
10-K 2024-11-25
-16.8%first · latest · 5 filings carry it

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for J yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.