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Jacobs Solutions — Jan 30, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000052988-25-000014
Open on SEC.gov ↗
Showing in the filing
Adjusted EPS range
“$5.85-$6.20”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Share repurchase program authorization
“$1.5 Billion”
Quarterly dividend
“$0.32/share”
Adjusted net revenue growth for FY2025
“mid-to-high single digits over fiscal 2024”
Adjusted EBITDA margin for FY2025
“13.8-14.0%”
Reported free cash flow (FCF) conversion for FY2025
“exceed 100% of net income”
Adjusted EPS range for FY2025
“$5.85-$6.20”
Exhibit 99.1 · the passage around this item
… earlier in the release
We have started the fiscal year positively and look forward to updating investors and analysts on our long-term strategy at our Investor Day on February 18th." Financial Outlook 3 The Company reiterates its fiscal 2025 outlook for adjusted net revenue to grow mid-to-high single digits over fiscal 2024, adjusted EBITDA margin to range from 13.8-14.0% and reported free cash flow (FCF) conversion to exceed 100% of net income. We are raising our adjusted EPS range for fiscal 2025 from $5.80-$6.20 to $5.85-$6.20 to reflect our lower share count expectation. Investor Day 2025 Jacobs will host its Investor Day on February 18, 2025 at 3:00 p.m. EST in Miami, Florida. To participate in the live webcast, please register at the company’s investor relations website at invest.jacobs.com . 1 All data reflects continuing operations only. 2 See Non-GAAP Financial Measures and Operating Metrics, and GAAP Reconciliations at the end of the press release for additional detail . 3 Reconciliation of fiscal 2025 adjusted EBITDA margin, adjusted EPS and expectations for adjusted net revenue growth and reported FCF conversion to the most directly comparable GAAP measure is not available without unreasonable efforts because the Company cannot predict with sufficient certainty all the components required to provide such reconciliation, including with respect to the costs and charges relating to transaction expenses, restructuring and integration to be incurred in fiscal 2025. 2 First Quarter Review (in thousands, except per-share data) Fiscal Q1 2025 Fiscal Q1 2024 Change Revenue $2,932,956 $2,810,227 $122,729 Adjusted Net Revenue 1 $2,082,497 $1,980,976 $101,521 GAAP Net (Loss) Earnings from Continuing Operat
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.