Jacobs Engineering Group Inc. (J) Key Metrics

NYSE: JValuation, returns, debt and efficiency ratios over 10 years.

J valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$16.51B
Enterprise value
$19.39B
P/E (TTM)
46.9
10-yr median 21.1
Forward P/E
16.9
PEG ratio
0.43
Price / sales
1.2
10-yr median 0.9
Price / book
5.1
10-yr median 1.9
EV / EBITDA
21.4
10-yr median 16.9
Dividend yield
1.02%
$1.44 a year
Beta
0.70

J key metrics, FY2016–FY2025

Fiscal year ended September 30, 2025 · U.S. dollars

J valuation Price multiples at each fiscal year-end price.

P/E ratio+206.3%
62.0
FY2025 · hover or tap a bar for each year
FY2016: 24.7 (+91.6%)FY2017: 19.7 (−20.2%)FY2018: 49.2 (+149.5%)FY2019: 12.3 (−75.0%)FY2020: 20.7 (+68.2%)FY2021: 30.2 (+45.7%)FY2022: 18.0 (−40.2%)FY2023: 21.6 (+19.6%)FY2024: 20.2 (−6.2%)FY2025: 62.0 (+206.3%)
FY2016FY2025
Price / sales+5.5%
1.5
FY2025 · hover or tap a bar for each year
FY2016: 0.5 (+47.1%)FY2017: 0.6 (+21.9%)FY2018: 0.6 (+1.4%)FY2019: 0.8 (+39.9%)FY2020: 0.8 (−8.4%)FY2021: 1.0 (+36.0%)FY2022: 1.2 (+16.3%)FY2023: 1.3 (+11.5%)FY2024: 1.4 (+7.2%)FY2025: 1.5 (+5.5%)
FY2016FY2025
Price / book+37.8%
4.9
FY2025 · hover or tap a bar for each year
FY2016: 1.2 (+33.9%)FY2017: 1.3 (+7.3%)FY2018: 1.5 (+14.4%)FY2019: 1.8 (+22.1%)FY2020: 1.8 (−4.1%)FY2021: 2.4 (+38.3%)FY2022: 1.9 (−20.9%)FY2023: 2.2 (+14.5%)FY2024: 3.6 (+63.4%)FY2025: 4.9 (+37.8%)
FY2016FY2025
EV / EBITDA+53.5%
21.0
FY2025 · hover or tap a bar for each year
FY2016: 11.4 (+69.1%)FY2017: 10.0 (−12.7%)FY2018: 17.0 (+70.4%)FY2019: 17.8 (+4.9%)FY2020: 16.9 (−5.3%)FY2021: 16.9 (+0.1%)FY2022: 16.7 (−1.3%)FY2023: 17.1 (+2.8%)FY2024: 13.7 (−20.1%)FY2025: 21.0 (+53.5%)
FY2016FY2025
Price / free cash flow+69.5%
29.6
FY2025 · hover or tap a bar for each year
FY2016: 8.6 (−12.5%)FY2017: 12.7 (+46.9%)FY2018: 22.7 (+79.3%)FY2020: 14.8FY2021: 22.7 (+53.6%)FY2022: 33.5 (+47.3%)FY2023: 17.2 (−48.7%)FY2024: 17.5 (+1.9%)FY2025: 29.6 (+69.5%)
FY2016FY2025
Free cash flow yield−2.3 pts
3.4%
FY2025 · hover or tap a bar for each year
FY2016: 11.6% (+1.4 pts)FY2017: 7.9% (−3.7 pts)FY2018: 4.4% (−3.5 pts)FY2019: −4.8% (−9.2 pts)FY2020: 6.8% (+11.6 pts)FY2021: 4.4% (−2.4 pts)FY2022: 3.0% (−1.4 pts)FY2023: 5.8% (+2.8 pts)FY2024: 5.7% (−0.1 pts)FY2025: 3.4% (−2.3 pts)
FY2016FY2025

J valuation history

Fiscal year-endToday10-year median

J returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

J debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

J cash returned to shareholders

DividendsBuybacksFree cash flow

J price vs earnings per share

Share price at year-endEPS (right axis)

J key metrics

FY2016–FY2025
Jacobs Engineering Group Inc. key metrics by fiscal year
FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Valuation
Market capitalization$18.00B$16.31B$14.36B$11.62B$14.39B$10.18B$10.44B$8.78B$5.79B$5.20B
Enterprise value$19.47B$17.17B$17.06B$14.64B$17.20B$11.55B$10.76B$10.29B$5.25B$4.93B
P/E ratio62.020.221.618.030.220.712.349.219.724.7
Price / sales1.51.41.31.21.00.80.80.60.60.5
Price / book4.93.62.21.92.41.81.81.51.31.2
Price / free cash flow29.617.517.233.522.714.8—22.712.78.6
Price / operating cash flow26.215.514.724.519.812.6—18.210.17.6
EV / sales1.61.51.61.51.20.90.80.70.50.4
EV / EBITDA21.013.717.116.716.916.917.817.010.011.4
EV / free cash flow32.118.420.442.227.216.8—26.611.58.2
Earnings yield1.6%4.9%4.6%5.5%3.3%4.8%8.1%2.0%5.1%4.0%
Free cash flow yield3.4%5.7%5.8%3.0%4.4%6.8%−4.8%4.4%7.9%11.6%
Dividend yield0.9%0.9%0.9%1.0%1.1%1.4%0.9%0.9%0.9%31.8%
Shareholder yield (dividends + buybacks)5.0%3.3%2.7%3.4%3.0%4.7%9.0%1.0%2.6%34.7%
Share price at fiscal year-end$149.86$129.60$112.91$89.74$109.62$76.73$75.68$63.28$48.20$42.78
Per share
Revenue per share$100.18$91.36$85.30$75.58$107.35$102.22$92.37$108.03$83.42$90.25
Earnings per share$2.42$6.40$5.23$4.98$3.63$3.71$6.15$1.29$2.44$1.73
Operating cash flow per share$5.72$8.38$7.66$3.67$5.53$6.08−$2.66$3.47$4.78$5.60
Free cash flow per share$5.06$7.42$6.58$2.68$4.83$5.19−$3.64$2.78$3.80$4.96
Cash per share$10.29$15.05$6.06$8.81$7.73$9.12$7.85$4.58$6.44$5.40
Book value per share$30.32$36.14$51.46$46.82$45.25$43.82$41.44$42.31$36.86$35.11
Tangible book value per share−$15.47−$8.85$7.48−$19.46−$21.50−$3.63−$2.78$3.61$9.04$6.99
Dividends per share$1.27$1.13$1.01$0.90$1.19$1.08$0.66$0.59$0.45$13.60
Capex per share$0.66$0.96$1.08$0.99$0.71$0.89$0.99$0.68$0.98$0.64
Debt per share$22.57$21.86$27.26$32.18$29.13$19.41$10.16$15.48$1.98$3.19
Shares outstanding120.1M125.9M127.2M129.4M131.3M132.7M137.9M138.7M120.1M121.5M
Change in shares outstanding−4.6%−1.0%−1.7%−1.4%−1.1%−3.8%−0.6%+15.5%−1.1%−3.7%
Returns & profitability
Return on equity (ROE)7.1%14.5%10.6%10.7%8.1%8.5%14.6%3.5%6.8%4.9%
Return on invested capital (ROIC)9.9%7.9%5.9%5.2%5.2%7.1%5.4%5.7%7.3%6.0%
Return on assets (ROA)2.5%6.1%4.5%4.4%3.5%4.1%7.0%1.8%4.0%2.8%
Return on tangible assets5.0%13.2%7.4%10.6%8.1%8.1%15.8%2.4%7.3%5.3%
Free cash flow margin5.0%8.1%7.7%3.5%4.5%5.1%−3.9%2.6%4.6%5.5%
Income quality (OCF / net income)2.371.311.460.741.521.64−0.432.701.963.23
Financial health
Total debt$2.71B$2.75B$3.47B$4.17B$3.82B$2.58B$1.40B$2.15B$238.1M$387.8M
Cash & short-term investments$1.24B$1.89B$770.9M$1.14B$1.01B$1.21B$1.08B$634.9M$774.2M$655.7M
Net debt$1.47B$857.9M$2.70B$3.02B$2.81B$1.37B$318.9M$1.51B−$536.1M−$268.0M
Debt / equity0.740.600.530.690.640.440.250.370.050.09
Debt / assets0.240.230.240.280.260.210.120.170.030.05
Net debt / EBITDA1.590.682.713.442.761.990.532.49−1.02−0.62
Current ratio1.301.201.371.451.341.541.341.451.561.61
Quick ratio1.301.201.371.451.341.541.341.451.561.61
Interest coverage5.94.14.05.49.58.64.88.432.622.2
Working capital$1.01B$815.8M$1.27B$1.47B$1.08B$1.60B$1.04B$1.43B$1.07B$1.08B
Invested capital$5.12B$5.41B$9.24B$9.08B$8.75B$7.18B$6.03B$7.38B$3.89B$4.00B
Tangible asset value−$831.9M−$275.6M$1.64B−$1.84B−$2.13B−$441.8M−$329.0M$590.5M$1.14B$913.6M
Net current asset value−$2.23B−$1.48B−$2.69B−$3.20B−$3.71B−$1.96B−$1.58B−$2.13B$102.7M−$165.4M
Graham number$40.61$72.16$77.84$72.39$60.82$60.45$75.72$35.00$45.03$36.99
Graham net-net per share−$25.89−$18.61−$37.65−$32.67−$35.50−$21.95−$17.99−$30.14−$4.51−$6.48
Capital allocation
Dividends paid$153.0M$142.8M$128.4M$115.9M$156.0M$144.0M$90.8M$81.9M$54.2M$1.65B
Share buybacks (net)$754.1M$402.7M$265.7M$281.9M$274.9M$337.3M$853.7M$3.0M$97.2M$152.6M
Dividend payout ratio52.7%17.7%19.3%18.0%32.7%29.3%10.7%45.9%18.5%785.3%
Dividends + buybacks / free cash flow149.3%58.4%47.1%114.6%68.0%69.9%—22.0%33.1%299.6%
Capex / revenue0.7%1.1%1.3%1.3%0.7%0.9%1.1%0.6%1.2%0.7%
Capex / operating cash flow11.5%11.5%14.1%26.9%12.8%14.7%—19.7%20.5%11.4%
Capex / depreciation0.330.390.450.420.370.650.800.480.960.60
Stock-based compensation / revenue0.5%0.6%0.7%0.5%0.4%0.4%0.5%0.5%0.4%0.3%
R&D / revenue0.1%0.1%0.1%0.1%——————
SG&A / revenue17.6%18.6%22.1%24.6%16.7%15.1%13.7%11.8%10.1%13.0%
Efficiency
Days sales outstanding88.583.798.2121.481.280.876.756.276.877.6
Days of inventory on hand———0.0——0.00.00.03.2
Days payables outstanding46.241.142.447.532.535.532.921.926.721.6
Cash conversion cycle (days)42.342.655.873.948.645.343.834.350.159.2
Receivables turnover4.124.363.723.014.504.524.766.494.754.70
Payables turnover7.908.888.627.6811.2210.2911.1016.6513.6816.88
Inventory turnover———7,203,115,000.00——21,556.3612,156,276,000.008,250,536,000.00114.74
Asset turnover1.050.870.740.671.041.141.061.501.361.45
Average receivables$2.92B$2.64B$2.92B$3.25B$3.13B$3.00B$2.68B$2.31B$2.11B$2.33B
Average payables$1.15B$975.7M$944.6M$937.6M$985.1M$1.07B$924.4M$729.9M$603.0M$544.6M
Average inventory———$1——$476,000$1$1$80.1M
Intangibles / total assets48.9%48.2%38.3%58.5%59.9%51.0%53.2%42.4%45.3%46.4%

Computed from J's annual financial statements (latest annual report filed November 20, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

J valuation and financial ratios

At the end of fiscal 2025 (September 30, 2025), Jacobs traded at 62.0 times earnings, against a 10-year median of 21.1. Based on the latest twelve months, the trailing P/E is 46.9 and the forward P/E is 16.9. Jacobs earned a return on equity of 7.1% and a return on invested capital of 9.9% in fiscal 2025. It ended the year with $2.7 billion of debt and $1.2 billion in cash and short-term investments, net debt of $1.5 billion. It returned $907.2 million to shareholders: $153.0 million in dividends and $754.1 million in share buybacks, 149% of free cash flow.

See the J income statement, the J chart for price history, or the J stock overview for the latest quote and news.

J key metrics FAQ

What is Jacobs's P/E ratio?

Jacobs's trailing P/E ratio is 46.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.9. At the end of fiscal 2025 it was 62.0, compared with a 10-year median of 21.1.

What is Jacobs's EV/EBITDA?

Jacobs's enterprise value was 21.0 times EBITDA at the end of fiscal 2025 (enterprise value $19.5 billion, EBITDA $926.8 million); the current EV/EBITDA is 21.4.

What is Jacobs's return on equity?

Jacobs's return on equity (ROE) was 7.1% in fiscal 2025: net income of $290.2 million on average shareholders' equity of $4.1 billion.

What is Jacobs's ROIC?

Jacobs's return on invested capital was 9.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Jacobs have?

Jacobs had total debt of $2.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.74 and $1.5 billion of net debt (1.59 times EBITDA).

What is Jacobs's dividend yield?

Jacobs's forward dividend yield is 1.02%. Jacobs paid $153.0 million in dividends in fiscal 2025 ($1.27 per share), a payout ratio of 52.7%.

Does Jacobs buy back its shares?

Yes. Jacobs spent $754.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.6% over the year, to 120.1M..

What is Jacobs's free cash flow yield?

Jacobs generated $607.5 million of free cash flow in fiscal 2025, a free cash flow yield of 3.4% on its market value at year-end ($18.0 billion).

What is Jacobs's current ratio?

Jacobs's current ratio was 1.30 at the end of fiscal 2025: current assets were 1.30 times current liabilities.

Engineering & Construction key metrics