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Sep 27, 2024
Jacobs Q4 2024 Earnings Report
Jacobs reported strong Q4 2024 earnings, driven by successful separation and merger of CMS and C&I, with backlog growth and favorable FY 2025 guidance.
Key Takeaways
Jacobs Solutions Inc. announced strong financial results for the fiscal fourth quarter ended September 27, 2024. Key highlights include a 4.4% increase in revenue, a 333.1% increase in net income, and a 277.8% increase in EPS. The company also completed the separation transaction involving its Critical Mission Solutions and Cyber & Intelligence businesses, now trading as Amentum (NYSE: AMTM).
Revenue grew by 4.4% year-over-year to $3.0 billion.
Net income increased by 333.1% year-over-year to $309 million.
EPS increased by 277.8% year-over-year to $2.38.
Backlog increased by 22.5% year-over-year to $21.8 billion.
Revenue by Segment
Forward Guidance
The Company’s outlook for fiscal 2025 is for adjusted net revenue to grow mid-to-high single digits over fiscal 2024, adjusted EBITDA margin to range from 13.8-14.0%, adjusted EPS to range from $5.80-$6.20 and for reported free cash flow (FCF) conversion to exceed 100% of net income.
Positive Outlook
- Adjusted net revenue to grow mid-to-high single digits over fiscal 2024
- Adjusted EBITDA margin to range from 13.8-14.0%
- Adjusted EPS to range from $5.80-$6.20
- Reported free cash flow (FCF) conversion to exceed 100% of net income
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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