The company said revenue for the fiscal year ended September 27, 2024 was $11.50 billion, up $0.65 billion, or 6.0%, from the prior year. It said gross profit margin was 24.6%, compared with 25.0% in the prior year.

10-KAnnual reportFiled Nov 25, 2024Period of report Sep 27, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

The company said revenue for the fiscal year ended September 27, 2024 was $11.50 billion, up $0.65 billion, or 6.0%, from the prior year. It said gross profit margin was 24.6%, compared with 25.0% in the prior year.
Jacobs said full-year SG&A included Restructuring and other charges of $163.4 million tied to the Separation Transaction, compared with $61.1 million in the prior year. It also said miscellaneous income included mark-to-market gains of $186.9 million on its investment in Amentum stock.
The company said net cash provided by operating activities for the year was $1.05 billion, up $79.9 million from the prior year. It said financing activities used $751.6 million, citing share repurchases of $402.7 million and shareholder dividends of $142.8 million as the main uses of cash.
The company said that in Q4 it received approximately $911 million in cash from SpinCo in connection with the Separation Transaction and used it to repay debt. The company said the repayment included $834.9 million under the short-term 2020 Term Loan Facility.

Key figures

Fiscal year ended September 27, 2024

Revenue: $11.5B
Operating income: $692M
Net income: $806M
EPS: $6.32
Gross profit: $2.8B
Operating cash flow: $1.1B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Annual Revenue and Gross Profit Margin

The company said revenue for the fiscal year ended September 27, 2024 was $11.50 billion, up $0.65 billion, or 6.0%, from the prior year. It said gross profit margin was 24.6%, compared with 25.0% in the prior year.

Source · Based on the MD&A text of the filing

Separation Transaction Costs and Amentum Mark-to-Market Gains

Jacobs said full-year SG&A included Restructuring and other charges of $163.4 million tied to the Separation Transaction, compared with $61.1 million in the prior year. It also said miscellaneous income included mark-to-market gains of $186.9 million on its investment in Amentum stock.

Source · Based on the MD&A text of the filing

Operating Cash Flow and Financing Cash Outflows

The company said net cash provided by operating activities for the year was $1.05 billion, up $79.9 million from the prior year. It said financing activities used $751.6 million, citing share repurchases of $402.7 million and shareholder dividends of $142.8 million as the main uses of cash.

Source · Based on the MD&A text of the filing

SpinCo Cash Receipt and Debt Repayment

The company said that in Q4 it received approximately $911 million in cash from SpinCo in connection with the Separation Transaction and used it to repay debt. The company said the repayment included $834.9 million under the short-term 2020 Term Loan Facility.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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