Jacobs Solutions Inc. is a global professional services company that designs and deploys technology-centric solutions to address complex challenges. The company operates through two main segments: Infrastructure & Advanced Facilities and its investment in PA Consulting. Jacobs provides end-to-end services including advisory, consulting, feasibility, planning, design, program and lifecycle management in areas such as advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. The company serves a diverse range of clients across North America, Europe, the Middle East, India, Australia, Africa, and Asia.

Jacobs has been on a transformation journey over the last eight years, evolving into a science-based consulting and advisory solutions provider focused on delivering complex sustainability, critical infrastructure and advanced manufacturing challenges.

• Employees: approximately 45,000 worldwide (as of September 27, 2024)
• Geographic Footprint: Operations in North America, Europe, the Middle East, India, Australia, Africa, and Asia
• Headquarters: Dallas, Texas
• Founded: 1947
• Number of locations/facilities: Not explicitly stated, but operates globally
• Revenue: $11.5 billion (FY2024)
• Market Capitalization: Approximately $15.9 billion as of March 29, 2024
• Key Subsidiaries/Brands: PA Consulting

• CEO: Robert V. Pragada
• CFO: Venk Nathamuni
• Chief Legal and Administrative Officer: Joanne E. Caruso
• President, Global Operations: Patrick X. Hill
• President, Strategy, Growth and Digital: Shannon Miller
• Chief Accounting Officer: William B. Allen, Jr.

Mr. Pragada rejoined the Company in February 2016 and became CEO in January 2023. Mr. Nathamuni joined the Company in June 2024. Ms. Caruso joined the Company in 2012. Mr. Hill joined the Company through the SKM acquisition in 1998. Ms. Miller joined the Company in 1998. Mr. Allen joined the Company in 2016.

• Annual Revenue: $11.5 billion (FY2024)
• Net Income: $806.1 million (FY2024)
• Market Cap: $15.9 billion (as of March 29, 2024)
• Total Assets: $11.8 billion (as of September 27, 2024)
• Number of Employees: approximately 45,000 worldwide (as of September 27, 2024)
• Key Financial Highlights: Net earnings attributable to Jacobs from continuing operations for fiscal 2024 were $612.8 million, an increase of $233.7 million, or 61.6%, from $379.1 million for the prior year. Net earnings attributable to Jacobs from discontinued operations for fiscal 2024 were $193.3 million, a decrease of $93.4 million, or 32.6%, from $286.7 million compared to the prior year.

Jacobs provides end-to-end solutions across various sectors:

• Advanced Manufacturing: Services include planning, design, and lifecycle management for advanced manufacturing facilities.
• Cities & Places: Focus on creating sustainable and connected urban environments through infrastructure and planning solutions.
• Energy: Solutions for energy transition, decarbonization, and renewable energy.
• Environmental: Services for environmental remediation, water management, and climate resilience.
• Life Sciences: Services for the development of life-saving therapies and biopharmaceutical manufacturing.
• Transportation: Solutions for connected mobility and transportation infrastructure.
• Water: Services for integrated water management and water scarcity issues.

The company operates through two main segments:

• Infrastructure & Advanced Facilities (I&AF): Provides end-to-end solutions related to climate change, energy transition, connected mobility, buildings and infrastructure, integrated water management and biopharmaceutical manufacturing. Revenue for fiscal 2024 was $10.3 billion.
• PA Consulting: A majority investment in a company that accelerates new growth ideas from concept through design and development and to commercial success. Revenue for fiscal 2024 was $1.2 billion.

Jacobs' strategy is focused on broadening its leadership in high-growth sectors aligned with long-term secular trends, such as infrastructure renewal and investment, and the global transition to more sustainable ways of living. Key strategic priorities include:

• Climate Response: Focusing on end-to-end solutions in energy transition, decarbonization, and nature-based climate solutions.
• Consulting & Advisory: Deepening client involvement to help them conceptualize, shape, and realize their future.
• Data Solutions: Harnessing data and digital capabilities to help clients operate more efficiently and capitalize on their data.

The company is investing in technology-enhanced and AI solutions to help clients find better, safer, and more agile ways of working. Jacobs is also focused on improving its efficiency and effectiveness through an integrated digital and technology strategy.

Jacobs operates in the highly competitive technology, consulting, and engineering services industry. Key aspects of the competitive landscape include:

• Market Position: The company is focused on broadening its leadership in high-growth sectors.
• Key Competitors: Competitors include AECOM, Tetra Tech, WSP, Arcadis, Bechtel, Arup, Mott MacDonald, Stantec, Parsons, Accenture, Schneider Electric, Mace, AtkinsRealis, Altair, Montrose, Capgemini, Fluor, IBM, Infosys, Deloitte, KPMG, PwC, Bain & Company, BCG and McKinsey & Company, among others.
• Industry Trends: Key trends include infrastructure renewal and investment, the global transition to more sustainable ways of living, and the increasing pace of technological change.

• Operational Risks: Competition, project delays, cost overruns, and failure to meet performance requirements.
• Financial Risks: Dependence on government funding, fluctuations in commodity prices, and changes in interest rates.
• Regulatory Risks: Compliance with environmental, health, safety, and anti-bribery laws.
• Market Risks: Economic downturns, political uncertainty, and changes in client spending.
• Cybersecurity Risks: Potential breaches, system failures and data loss.