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About Jacobs Solutions
Industries
Consulting
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
Dallas, Texas
Founded
1947
Overview
Jacobs Solutions provides engineering, consulting, and advisory services to various sectors, focusing on improving connectivity, sustainability, and intelligence in infrastructure and technology projects. Their services cater to a wide range of clients, including government agencies and private sector companies, primarily in the engineering and construction markets. Jacobs operates by offering consulting and project management services, generating revenue through contracts and partnerships. What sets Jacobs apart from its competitors is its strong emphasis on ethical practices, integrity, and a commitment to safety and sustainability. The company's goal is to deliver high-value solutions that meet the needs of its clients while fostering collaboration with partners to enhance its advisory services and explore new opportunities.
Simplify's Take
What believers are saying
- Jacobs' role in Xcel Energy's projects strengthens its position in the energy sector.
- The $1.5 billion share repurchase program reflects confidence in Jacobs' strategic direction.
- Increased demand for PFAS removal solutions boosts Jacobs' water treatment services.
What critics are saying
- Increased competition from firms like AECOM and WSP Global may impact market share.
- Ongoing labor shortages could lead to project delays and increased costs for Jacobs.
- Rising material costs, especially steel and concrete, may affect project budgets and profitability.
What makes Jacobs Solutions unique
- Jacobs excels in engineering and consulting with a focus on sustainability and connectivity.
- The firm partners with PA Consulting to expand high-value advisory services.
- Jacobs' ethical practices and commitment to safety set it apart in the industry.
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Funding
Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Company News
Leading execution of major program of critical transmission, distribution and generation projects in North and Central USDALLAS, Feb. 17, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected as Program Manager and Owners Engineer to support Xcel Energy in providing customers with safe and reliable energy services at a competitive price, while meeting the specifications needed for a low-carbon future.Xcel Energy is a critical energy provider to millions of homes and businesses across eight Western and Midwestern states. In the coming years, Xcel Energy is looking to implement a step-change in its capital program and is working with Jacobs to establish a Central Program Office and Major Projects Group in support of delivery of a multi-billion-dollar program of projects.Jacobs will execute a portfolio of Xcel Energy's projects, develop recommendations for project selection and standardize, deploy and transfer knowledge to Xcel Energy employees. Creating and maintaining core capital delivery standards will enable consistent execution for Xcel Energy's portfolio of transmission, distribution and generation projects."This program continues Jacobs' relationship with Xcel Energy in delivering capital projects, upgrading utility infrastructure and supporting future load demand requirements," said Jacobs Executive Vice President Fiachra Ó Cléirigh. "Our transmission and distribution, generation and program management experience across the U.S., U.K., and Asia-Pacific will support Xcel Energy as they provide reliable energy services for their consumers.""In October 2024, Xcel Energy announced a $45 billion investment plan to make our grid cleaner, stronger and more efficient, ensuring we can meet unprecedented growth in our customers' demand for electricity while keeping their bills as low as possible," said Xcel Energy Senior Vice President of Customer Delivery Michael Lamb. "Our country's energy grid faces the biggest transition in a century
Modernizing drinking water infrastructure for treatment of long-lasting synthetic chemicalsDALLAS, Feb. 6, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the City of Boynton Beach in South Florida to evaluate and design upgrades at two water treatment plants to remove per- and polyfluoroalkyl substances (PFAS) from the city's groundwater supplies to comply with new U.S. federal drinking water regulations
Backlog Grows by 18.9% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3x. Repurchased $202 Million of our Shares During Q1. Board Authorizes $1.5 Billion for Company's Largest Ever Share Repurchase Program
Largest repurchase program in company's historyDALLAS, Feb. 4, 2025 /PRNewswire/ -- The Jacobs' (NYSE: J) Board of Directors has approved a new incremental share repurchase authorization (the "2025 Share Repurchase Program"). The 2025 Share Repurchase Program authorizes the purchase of up to $1.5 billion of Jacobs' common stock over a three-year period.Jacobs Chair and CEO Bob Pragada said, "The Board's authorization of a $1.5 billion share repurchase program, the largest in our company's history, underscores our confidence in Jacobs's strategic direction and our commitment to return capital to our shareholders. This initiative reflects our robust financial position and our dedication to disciplined capital allocation, aiming to enhance shareholder returns while continuing to invest in growth opportunities."Previously, in 2023, Jacobs' Board of Directors authorized a share repurchase program of up to $1.0 billion of common stock, which expires on January 25, 2026, (the "2023 Share Repurchase Program"). At the end of the Company's fiscal first quarter of 2025, Jacobs had $271 million dollars in remaining authorization under the 2023 Share Repurchase Program. Jacobs will continue to make repurchases under the 2023 Share Repurchase Program until fully utilized before making purchases under the 2025 Share Repurchase Program.Under the 2025 Share Repurchase Program, purchases may be made from time to time at management's discretion, in such amounts as management deems appropriate, through a variety of methods, including through open market purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, and subject to other legal and business requirements and market conditions, at any time until January 30, 2028
The Transpennine Route Upgrade will deliver faster, more frequent and more reliable journeys across the North of EnglandDALLAS, Feb. 3, 2025 /PRNewswire/ -- Jacobs (NYSE: J) has been selected by Network Rail as Technical Services Integration Delivery Partner for the Transpennine Route Upgrade (TRU), a transformative, major program of railway improvements planned to deliver faster, more frequent and more reliable journeys along a 70-mile route with 23 stations – stretching from York to Manchester, via Leeds and Huddersfield
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About Jacobs Solutions
Industries
Consulting
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
Dallas, Texas
Founded
1947
There are no jobs for Jacobs Solutions right now.
Find jobs on Simplify and start your career today