J Financials Jacobs Solutions

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has declined 2.4% per year over the past 5 years.
Net income has grown slower than revenue (-10.1% vs -2.4% per year).
Operating margin has expanded, at 7.2% in the latest year.
Free cash flow has declined 2.5% per year over the past 5 years.

Financial health

Total debt ($2.2B) exceeds cash ($1.2B); net debt is $1.0B.
Total debt has grown faster than revenue (5.9% vs -2.4% per year).
Operating income covered interest expense 5.9× in the latest year.
Total debt is 2.4× EBITDA.

Shareholder returns

Dividends have been paid for 6 consecutive years, consuming 52.9% of earnings and 25.2% of free cash flow.
The dividend has grown 9.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$12.0B	$289M	24.8%	7.2%	$607M	$2.2B	$1.2B
2024	$11.5B	$806M	24.6%	6.0%	$934M	$2.2B	$1.1B
2023	$10.9B	$666M	25.0%	6.2%	$837M	$2.9B	$771M
2022	$9.8B	$644M	26.4%	5.5%	$347M	$3.4B	$1.1B
2021	$14.1B	$477M	21.6%	4.9%	$633M	$2.9B	$1.0B
2020	$13.6B	$492M	19.1%	4.0%	$689M	$1.7B	$862M
2019	$12.7B	$848M	19.4%	3.2%	-$502M	$1.2B	$631M
2018	$10.6B	$163M	20.4%	3.7%	$386M	$2.1B	$635M
2017	$6.3B	$294M	19.9%	3.9%	$457M	$235M	$608M
2016	—	$210M	—	—	$612M	$385M	$656M
2015	—	$303M	—	—	$396M	$584M	$461M
2014	—	$328M	—	—	$590M	$764M	$733M
2013	—	$423M	—	—	—	$415M	$1.3B
2012	—	$379M	—	—	—	$528M	$1.0B
2011	—	$331M	—	—	—	$2M	$906M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$3.7B	-$46M	21.5%	-2.2%	-$505M	$4.1B	$1.4B
Dec '25	$3.3B	$126M	23.2%	7.1%	$365M	$2.5B	$1.6B
Sep '25	$3.2B	$122M	24.3%	6.7%	$354M	$2.2B	$1.2B
Jun '25	$3.0B	$180M	25.0%	7.8%	$271M	$2.5B	$1.3B
Mar '25	$2.9B	$6M	25.4%	7.2%	-$114M	$2.6B	$1.2B
Dec '24	$2.9B	-$18M	24.6%	7.1%	$97M	$2.5B	$1.3B
Sep '24	$3.0B	$325M	24.8%	6.6%	$158M	$2.2B	$1.1B
Jun '24	$2.9B	$147M	25.0%	5.9%	$445M	$2.9B	$1.2B
Mar '24	$2.8B	$162M	25.0%	6.4%	-$71M	$3.0B	$1.0B
Dec '23	$2.8B	$172M	23.7%	5.1%	$401M	$2.9B	$1.1B
Sep '23	$2.8B	$149M	5.3%	5.9%	$180M	$2.9B	$771M
Jun '23	$2.8B	$164M	30.7%	6.0%	$290M	$3.2B	$1.1B
Mar '23	$2.7B	$217M	33.3%	6.9%	$97M	$3.5B	$1.2B
Dec '22	$3.8B	$136M	21.4%	6.3%	$270M	$3.5B	$1.2B
Sep '22	$3.9B	$225M	21.5%	7.9%	$230M	$3.4B	$1.1B
Jul '22	$3.8B	$196M	21.5%	6.9%	-$281M	$3.6B	$1.1B
Apr '22	$3.8B	$89M	22.7%	4.3%	$96M	$3.3B	$1.2B
Dec '21	$3.4B	$134M	23.6%	5.2%	$302M	$3.2B	$1.2B
Oct '21	$3.6B	$43M	23.1%	7.0%	$176M	$2.9B	$1.0B
Jul '21	$3.6B	$166M	22.8%	7.4%	$153M	$3.2B	$966M

Valuation over time

How the market has priced J against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 21.6× (Mar '23) to 50.8× (Jun '26).
The price-to-sales ratio has fallen from 1.4× (Mar '23) to 1.2× (Jun '26).
The dividend yield has risen from 0.8% (Mar '23) to 1.0% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is J growing its revenue and profit?

Over the past 5 years, Jacobs Solutions's revenue has declined 2.4% per year, and net income declined 10.1% per year. These are computed facts, not advice.

How much debt does J have?

As of FY2025, Jacobs Solutions reported $2.2B of total debt against $1.2B of cash; operating income covered interest expense 5.9×.

What is J's profit margin?

In FY2025, gross margin was 24.8%, operating margin 7.2%, and net margin 2.4%.

What is J's P/E ratio?

As of Jun '26, Jacobs Solutions traded at a price-to-earnings ratio of about 50.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.