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Jacobs Engr Group Inc (NYSE: J) delivers critical infrastructure solutions through engineering excellence and sustainable practices. This news hub provides investors and industry professionals with authoritative updates on the global engineering leader’s developments.
Access consolidated press releases and verified news covering quarterly earnings, strategic acquisitions, and major project milestones. Track the company’s progress in water infrastructure modernization, cybersecurity initiatives, and environmental sustainability programs across 40+ countries.
Our curated collection features essential updates including government contract awards, technology partnerships, and industry recognition. Stay informed about Jacobs’ role in energy transition projects and climate resilience planning through primary source materials.
Bookmark this page for reliable updates on one of the engineering sector’s most diversified firms. Monitor how Jacobs’ integrated project delivery model and digital transformation expertise continue shaping global infrastructure development.
Jacobs (NYSE: J) has achieved notable recognition in sustainability rankings, securing a spot in the Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the fifth year running. The company also received multiple sustainability accolades, including a Gold Medal from EcoVadis and an AA rating from MSCI ESG.
With approximately $12 billion in annual revenue and a workforce of nearly 45,000, Jacobs recently launched its Evolve tool to integrate sustainability across all projects. This tool aligns with the company's commitment to having 100% of solutions connected to UN Sustainable Development Goals, measuring environmental and economic impact while linking to business financials.
Jacobs stands among only 321 organizations globally selected for the Dow Jones Sustainability World Index out of over 13,000 invited companies, reinforcing its position as a leading sustainability and infrastructure solutions provider.
Jacobs (NYSE: J) has been selected as the Construction Manager as Advisor (CMa) for the Long-Baseline Neutrino Facility (LBNF) Near Site Conventional Facilities project at Fermilab in Batavia, Illinois. The company will provide project and construction management and safety oversight for facilities housing the Deep Underground Neutrino Experiment (DUNE) Near Detector.
This selection builds on Jacobs' decade-long relationship with Fermilab and showcases the company's expertise in complex underground infrastructure projects. The DUNE program is a major international scientific collaboration involving more than 1,400 scientists and engineers worldwide studying neutrinos with detectors in Illinois and South Dakota.
The total project cost exceeds $1 billion, with construction expected to begin in 2025. Jacobs brings significant experience from previous complex projects including the Grand Central Madison program and Thames Tideway Tunnel.
Jacobs currently generates approximately $12 billion in annual revenue and employs a team of almost 45,000 people delivering services across multiple sectors including advanced manufacturing, energy, environmental, and transportation.
Jacobs (NYSE: J) unveiled its 'Challenge Accepted' growth strategy at its 2025 Investor Day, targeting 6-8% organic adjusted net revenue growth from FY25-29. The company is aligning its focus on three key markets: Water and Environmental ($220B serviceable addressable market), Life Sciences and Advanced Manufacturing ($120B SAM), and Critical Infrastructure ($390B SAM).
The company set ambitious financial targets including a 16%+ Adjusted EBITDA margin and 10%+ FCF margin by FY29. Jacobs reaffirmed its fiscal 2025 outlook for mid-to-high single-digit adjusted net revenue growth, with adjusted EBITDA margin of 13.8-14.0% and free cash flow conversion exceeding 100% of net income. The company also announced a new $1.5 billion share repurchase authorization and increased quarterly dividend.
Jacobs (NYSE: J) has been selected as Program Manager and Owners Engineer for Xcel Energy to support the delivery of a multi-billion-dollar program of projects across eight Western and Midwestern states. The partnership will focus on implementing Xcel Energy's $45 billion investment plan announced in October 2024, aimed at making their grid cleaner, stronger, and more efficient.
Jacobs will establish a Central Program Office and Major Projects Group, executing a portfolio of projects, developing project selection recommendations, and standardizing delivery standards for transmission, distribution, and generation projects. The program builds on Jacobs' existing relationship with Xcel Energy and leverages their experience across the U.S., U.K., and Asia-Pacific.
This selection adds to Jacobs' recent program management wins, including the California hydrogen hub ARCHES project and MTerra Solar in the Philippines. Notably, Jacobs was ranked No.1 for the fourth consecutive year in Engineering News-Record's global Top 50 Program Management Firms.
Jacobs (NYSE: J) has been selected by the City of Boynton Beach, South Florida, to design upgrades for two water treatment plants aimed at removing PFAS from groundwater supplies. The facilities, with a combined capacity of 30 million gallons per day, serve over 112,000 people and require modernization to comply with new federal drinking water regulations.
The project scope includes evaluating existing facilities, developing a comprehensive facilities plan, designing improvements, and providing construction management services. The city has secured funding through Florida's Drinking Water State Revolving Fund Program. Jacobs, with approximately $12 billion in annual revenue and nearly 45,000 employees, brings extensive experience in PFAS treatment, having delivered solutions for various clients including the Cities of Woodbury and North Bay, and defense departments of the US and Australia.
Jacobs Solutions (NYSE: J) reported fiscal Q1 2025 results with gross revenue growing 4.4% year-over-year to $2.9 billion and adjusted net revenue up 5.1%. The company recorded a GAAP net loss of $17.1 million, primarily due to $145 million in mark-to-market losses on AMTM investment. Infrastructure & Advanced Facilities segment showed strong performance with 4.9% revenue growth.
Notable highlights include an 18.9% increase in backlog to $21.8 billion and a trailing twelve-month book-to-bill ratio of 1.3x. The company repurchased $202 million of shares during Q1 and authorized a new $1.5 billion share repurchase program. The quarterly dividend was increased by 10% to $0.32 per share.
Jacobs raised its FY2025 adjusted EPS guidance range from $5.80-$6.20 to $5.85-$6.20, while maintaining expectations for mid-to-high single-digit adjusted net revenue growth and adjusted EBITDA margin of 13.8-14.0%.
Jacobs (NYSE: J) has announced its largest-ever share repurchase program, with the Board approving a $1.5 billion authorization over three years. This 2025 Share Repurchase Program follows the company's 2023 program, which still has $271 million in remaining authorization. The new program will begin after the full utilization of the 2023 program and will run until January 30, 2028.
The company, generating approximately $12 billion in annual revenue with a workforce of nearly 45,000, maintains flexibility in executing purchases through various methods, including open market and privately negotiated transactions. Chair and CEO Bob Pragada emphasized that this initiative reflects the company's strong financial position and commitment to disciplined capital allocation while continuing to invest in growth opportunities.
Jacobs (NYSE: J) has been selected as Technical Services Integration Delivery Partner for the Transpennine Route Upgrade (TRU), a major railway improvement program in the UK. The eight-year framework positions Jacobs as the sole provider of technical system integration services for the 70-mile route connecting York to Manchester.
The company's scope includes technical system integration, scope custodianship, cross-project integration, technical change control, development engineering and design, and program business case production. Jacobs has already contributed to the project through asset management services, performance modeling, and digital twin development.
The TRU social impact program has shown significant results between April 2019 and October 2024, including 320 apprenticeships, engagement of 54,000+ young people in STEAM, over 19,900 days of work experience, and substantial local economic impact with $693 million spent with local businesses and $353 million with SMEs.
Jacobs (NYSE:J) has announced a 10% increase in its quarterly cash dividend. The Board of Directors has declared a dividend of $0.32 per share of common stock, up from the previous quarterly dividend of $0.29. The dividend will be paid on March 21, 2025, to shareholders of record as of the close of business on February 21, 2025.
Jacobs (NYSE:J) has secured a 10-year contract to operate and maintain Jackson, Mississippi's water treatment system through JXN Water. The contract extends their previous short-term O&M agreement that has been serving nearly 180,000 residents. The scope includes managing the O.B. Curtis and J.H. Fewell water treatment plants, groundwater well system, booster stations, and water storage tanks.
Since early 2023, Jacobs has been implementing repairs, upgrades, and process adjustments while supporting capital projects to stabilize the water system. The new contract will focus on comprehensive operation of water treatment facilities, ensuring regulatory compliance, and overseeing JXN Water's capital improvement plan. The company will also work on developing a dedicated workforce to maintain service standards.
