Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs Solutions (NYSE: J) reported its Q2 2025 financial results with mixed performance. Gross revenue grew 2.2% year-over-year to $2.9 billion, while adjusted net revenue increased 3.1%. The company's backlog reached $22.2 billion, up 20% year-over-year, with a Q2 book-to-bill ratio of 1.1x. GAAP net earnings were $11.2 million, with EPS of $0.10, while adjusted EPS was $1.43. Performance was impacted by a reserve following an interim ruling against a consolidated JV and $109.5 million in mark-to-market losses on Amentum investment. The company demonstrated strong shareholder returns, repurchasing $351 million of shares in Q2 and $552 million in H1 2025. Jacobs reaffirmed its FY 2025 guidance, expecting mid-to-high single-digit adjusted net revenue growth and adjusted EPS of $5.85-$6.20.

Jacobs (NYSE: J) has secured a five-year contract from the West Basin Municipal Water District to operate and maintain the Edward C. Little Water Recycling Facility and four other facilities, representing the largest water recycling operation in the U.S. The facility produces 40 million gallons per day and uniquely creates five different types of recycled water. The operation serves nearly 600 connections to municipal, industrial, and commercial businesses across coastal Los Angeles County. Jacobs will implement its Digital OneWater solutions to optimize chemical and power consumption while improving sustainability. The company will leverage its in-house engineering capabilities to enhance infrastructure maintenance and operational efficiency.

Jacobs (NYSE: J) has announced a special dividend distribution of 7,299,065 shares of Amentum (NYSE: AMTM) common stock to its shareholders. The distribution follows the September 2024 Reverse Morris Trust transaction where Jacobs' Critical Mission Solutions and parts of Divergent Solutions merged with Amentum.

Key details:

• Record date: May 16, 2025
• Distribution date: May 30, 2025
• Ex-dividend date: May 16, 2025

The final distribution ratio will be calculated by dividing the Amentum shares by outstanding Jacobs shares on the record date. No fractional shares will be distributed; instead, they will be sold in the public market with net proceeds distributed to eligible shareholders. After this distribution, Jacobs will no longer own any Amentum shares. Shareholders will receive book-entry statements or brokerage account credits reflecting their new Amentum stock ownership.

Jacobs (NYSE:J) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.32 per share of common stock.

Key details of the dividend announcement:

• Payment Date: June 20, 2025
• Record Date: May 23, 2025 (close of business)
• Dividend Amount: $0.32 per share

Shareholders who own Jacobs stock as of the record date will be eligible to receive this quarterly dividend payment.

Jacobs (NYSE: J) has secured a major contract with the U.S. General Services Administration (GSA) through the OASIS+ Multi-Agency Contract. The company will provide comprehensive integrated services including management, advisory, environmental, engineering, and technical support across multiple federal agencies.

With a proven 20-year track record in federal projects, Jacobs brings significant expertise demonstrated by recent wins with the U.S. Navy, Air Force, and National Parks Service. Notable projects include energy services for the Library of Congress, coastal solutions for Tyndall Air Force Base, and construction management for the Los Angeles Federal Courthouse.

The company holds top rankings in key sectors: #1 in Government Office Design, #2 in Construction Management and Site Assessment & Compliance, and #3 among Top 200 Environmental Firms according to Engineering News-Record 2024. With $12 billion in annual revenue and 45,000 employees, Jacobs delivers services across advanced manufacturing, cities, energy, environmental, life sciences, transportation and water sectors.

Jacobs (NYSE: J) has secured a significant environmental services contract with the U.S. Air Force Civil Engineer Center (AFCEC). The contract, valued at $1.5 billion, involves delivering architecture and engineering services globally through an indefinite delivery indefinite quantity (IDIQ) multiple award task order contract.

The agreement spans a five-year base period with one five-year option period, focusing on environmental restoration, conservation, planning, and quality. Services include planning, investigation, assessment, design, construction phase design, and field inspection for the U.S. Air Force and other federal agencies.

Notably, Jacobs ranks No. 1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment, and No. 2 in Chemical & Soil Remediation and Site Assessment & Compliance according to Engineering News Record in 2024. The company generates approximately $12 billion in annual revenue with a workforce of almost 45,000 employees.

Jacobs (NYSE: J) has announced its upcoming fiscal second quarter 2025 earnings release and conference call schedule. The company will release its Q2 2025 financial results before market open on Tuesday, May 6, 2025. Management will host a conference call at 10:00 a.m. ET to discuss the company's results and operating trends. Investors and interested parties can access the conference call and accompanying presentation slides through a webcast available on jacobs.com.

Jacobs (NYSE: J) has secured a $137 million contract from the Virgin Islands Public Finance Authority to provide program management services for the 'Rebuild USVI' initiative. The project aims to rebuild critical infrastructure in the U.S. Virgin Islands following the devastation caused by hurricanes Irma and Maria in 2017.

The three-year contract involves managing simultaneous infrastructure projects including hospitals, schools, transit corridors, power, water and wastewater utilities across St. Croix, St. Thomas, and St. John. Jacobs will work with the U.S. Virgin Islands' Super Project Management Office to oversee the territory's $23 billion in federal funding.

The company will provide advisory and consulting services focused on future project planning, environmental management, logistics, supply chain and workforce challenges. Jacobs was selected based on their responsiveness, expertise, pricing, resources, innovation, and strategic partnerships.

Jacobs (NYSE:J) has received the final post-closing adjustments from the Critical Mission Solutions (CMS) Separation Transaction, consisting of $70 million in cash and 7,299,065 shares of Amentum Holdings (NYSE: AMTM) common stock. The cash portion has been used to reduce Jacobs' outstanding debt.

The Amentum shares, representing 3% of Amentum's outstanding shares at the transaction closing, are planned to be distributed pro rata to Jacobs' shareholders, pending Board approval. This distribution will occur on a yet-to-be-determined record date. This adjustment determination marks the completion of the CMS Separation Transaction, with only transition services and post-closing assistance remaining.