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Jacobs Engineering Group

DB:JEG
Snowflake Description

Moderate growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JEG
DB
$10B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The last earnings update was 14 days ago. More info.


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JEG Share Price and Events
7 Day Returns
1%
DB:JEG
-5.9%
DE Construction
0.3%
DE Market
1 Year Returns
25.9%
DB:JEG
-24.7%
DE Construction
-11.6%
DE Market
JEG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jacobs Engineering Group (JEG) 1% -0.2% 9.1% 25.9% 58.8% 74.8%
DE Construction -5.9% -13.3% -14% -24.7% 2.9% 64.6%
DE Market 0.3% -3.8% 2.5% -11.6% 10.1% 7.9%
1 Year Return vs Industry and Market
  • JEG outperformed the Construction industry which returned -24.7% over the past year.
  • JEG outperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
JEG
Industry
5yr Volatility vs Market

JEG Value

 Is Jacobs Engineering Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Jacobs Engineering Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jacobs Engineering Group.

DB:JEG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:JEG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.983 (1 + (1- 21%) (27.34%))
1.131
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.131 * 5.96%)
6.97%

Discounted Cash Flow Calculation for DB:JEG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jacobs Engineering Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:JEG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.97%)
2019 399.54 Analyst x5 373.50
2020 666.32 Analyst x6 582.31
2021 761.95 Analyst x4 622.50
2022 833.95 Est @ 9.45% 636.92
2023 889.67 Est @ 6.68% 635.21
2024 931.90 Est @ 4.75% 622.00
2025 963.49 Est @ 3.39% 601.18
2026 987.02 Est @ 2.44% 575.73
2027 1,004.57 Est @ 1.78% 547.79
2028 1,017.75 Est @ 1.31% 518.82
Present value of next 10 years cash flows $5,715.97
DB:JEG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,017.75 × (1 + 0.23%) ÷ (6.97% – 0.23%)
$15,129.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $15,129.61 ÷ (1 + 6.97%)10
$7,712.55
DB:JEG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,715.97 + $7,712.55
$13,428.52
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $13,428.52 / 136.61
$98.3
DB:JEG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:JEG represents 0.88139x of NYSE:JEC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88139x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 98.30 x 0.88139
€86.64
Value per share (EUR) From above. €86.64
Current discount Discount to share price of €68.29
= -1 x (€68.29 - €86.64) / €86.64
21.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Jacobs Engineering Group is available for.
Intrinsic value
21%
Share price is €68.29 vs Future cash flow value of €86.64
Current Discount Checks
For Jacobs Engineering Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jacobs Engineering Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Jacobs Engineering Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jacobs Engineering Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jacobs Engineering Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:JEG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-29) in USD $2.71
NYSE:JEC Share Price ** NYSE (2019-05-21) in USD $77.48
Europe Construction Industry PE Ratio Median Figure of 97 Publicly-Listed Construction Companies 10.65x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jacobs Engineering Group.

DB:JEG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:JEC Share Price ÷ EPS (both in USD)

= 77.48 ÷ 2.71

28.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jacobs Engineering Group is overvalued based on earnings compared to the Europe Construction industry average.
  • Jacobs Engineering Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Jacobs Engineering Group's expected growth come at a high price?
Raw Data
DB:JEG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
23.6%per year
Europe Construction Industry PEG Ratio Median Figure of 47 Publicly-Listed Construction Companies 1.14x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

DB:JEG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.58x ÷ 23.6%

1.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jacobs Engineering Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Jacobs Engineering Group's assets?
Raw Data
DB:JEG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-29) in USD $40.06
NYSE:JEC Share Price * NYSE (2019-05-21) in USD $77.48
Europe Construction Industry PB Ratio Median Figure of 132 Publicly-Listed Construction Companies 1.12x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.79x
DB:JEG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:JEC Share Price ÷ Book Value per Share (both in USD)

= 77.48 ÷ 40.06

1.93x

* Primary Listing of Jacobs Engineering Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jacobs Engineering Group is overvalued based on assets compared to the Europe Construction industry average.
X
Value checks
We assess Jacobs Engineering Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Jacobs Engineering Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

JEG Future Performance

 How is Jacobs Engineering Group expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jacobs Engineering Group expected to grow at an attractive rate?
  • Jacobs Engineering Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Jacobs Engineering Group's earnings growth is expected to exceed the Germany market average.
  • Jacobs Engineering Group's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:JEG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:JEG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 23.6%
DB:JEG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 1.8%
Europe Construction Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Europe Construction Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:JEG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:JEG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 13,347 909 730 8
2020-09-30 13,000 745 643 13
2019-09-30 12,351 551 487 13
DB:JEG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-29 16,506 372 383
2018-12-28 16,284 210 262
2018-09-28 14,985 481 163
2018-06-29 11,465 463 202
2018-03-30 9,823 428 141
2017-12-29 9,255 511 196
2017-09-29 10,023 575 291
2017-06-30 10,010 615 227
2017-03-31 10,189 617 208
2016-12-30 10,668 764 224
2016-09-30 10,964 680 210
2016-07-01 11,441 544 211
2016-04-01 11,654 645 233

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jacobs Engineering Group's earnings are expected to grow significantly at over 20% yearly.
  • Jacobs Engineering Group's revenue is expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:JEG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Jacobs Engineering Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JEG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 6.03 7.01 4.89 3.00
2020-09-30 4.98 5.68 4.21 7.00
2019-09-30 3.42 4.58 2.45 7.00
DB:JEG Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-29 2.71
2018-12-28 1.84
2018-09-28 1.18
2018-06-29 1.53
2018-03-30 1.12
2017-12-29 1.62
2017-09-29 2.43
2017-06-30 1.90
2017-03-31 1.74
2016-12-30 1.87
2016-09-30 1.75
2016-07-01 1.74
2016-04-01 1.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Jacobs Engineering Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Jacobs Engineering Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jacobs Engineering Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

JEG Past Performance

  How has Jacobs Engineering Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jacobs Engineering Group's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jacobs Engineering Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Jacobs Engineering Group's 1-year earnings growth exceeds its 5-year average (171% vs -10.4%)
  • Jacobs Engineering Group's earnings growth has exceeded the Europe Construction industry average in the past year (171% vs 15.9%).
Earnings and Revenue History
Jacobs Engineering Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jacobs Engineering Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:JEG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-29 16,505.74 382.78 2,227.04
2018-12-28 16,284.44 261.53 2,294.60
2018-09-28 14,984.65 162.64 2,149.40
2018-06-29 11,464.82 202.06 1,574.73
2018-03-30 9,822.91 140.65 1,395.16
2017-12-29 9,255.18 195.87 1,333.70
2017-09-29 10,022.79 290.65 1,372.78
2017-06-30 10,009.51 226.99 1,310.33
2017-03-31 10,188.63 207.86 1,288.51
2016-12-30 10,667.83 224.49 1,227.91
2016-09-30 10,964.16 210.46 1,429.23
2016-07-01 11,440.52 210.68 1,266.86
2016-04-01 11,654.19 232.69 1,298.34
2016-01-01 11,775.76 249.41 1,319.95
2015-10-02 12,114.83 302.97 1,368.53
2015-06-26 12,216.32 359.18 1,404.93
2015-03-27 12,540.57 332.96 1,445.54
2014-12-26 12,813.27 334.46 1,495.80
2014-09-26 12,695.16 328.11 1,452.39
2014-06-27 12,619.37 352.85 1,383.45
2014-03-28 12,468.58 396.87 1,300.95
2013-12-27 12,127.63 417.82 1,206.63
2013-09-27 11,818.38 423.09 1,173.34
2013-06-28 11,462.01 419.69 1,147.04
2013-03-29 11,153.88 408.72 1,130.51
2012-12-28 11,021.65 388.25 1,121.38
2012-09-28 10,893.78 378.95 1,130.92
2012-06-29 10,830.79 365.82 1,115.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jacobs Engineering Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jacobs Engineering Group used its assets less efficiently than the Europe Construction industry average last year based on Return on Assets.
  • Jacobs Engineering Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jacobs Engineering Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jacobs Engineering Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

JEG Health

 How is Jacobs Engineering Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jacobs Engineering Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jacobs Engineering Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jacobs Engineering Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jacobs Engineering Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jacobs Engineering Group Company Filings, last reported 1 month ago.

DB:JEG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-29 5,555.58 2,841.56 674.55
2018-12-28 5,841.03 2,672.13 886.71
2018-09-28 5,944.35 2,151.83 793.36
2018-06-29 6,052.92 2,345.44 824.37
2018-03-30 6,025.48 2,517.36 835.42
2017-12-29 5,961.75 2,593.38 1,059.84
2017-09-29 4,487.35 238.07 774.15
2017-06-30 4,284.93 285.02 758.30
2017-03-31 4,174.26 337.87 674.60
2016-12-30 4,135.69 389.90 736.55
2016-09-30 4,330.18 387.75 655.72
2016-07-01 4,489.28 487.94 616.39
2016-04-01 4,438.97 532.73 559.72
2016-01-01 4,370.26 624.73 443.73
2015-10-02 4,356.46 597.80 460.86
2015-06-26 4,399.53 684.75 553.56
2015-03-27 4,408.88 755.43 464.95
2014-12-26 4,472.68 750.94 670.08
2014-09-26 4,505.66 800.81 732.65
2014-06-27 4,532.66 830.77 772.61
2014-03-28 4,463.83 996.34 691.26
2013-12-27 4,361.08 1,094.56 1,011.24
2013-09-27 4,248.34 437.87 1,256.41
2013-06-28 4,121.84 444.98 1,295.52
2013-03-29 3,998.03 450.81 1,166.21
2012-12-28 3,876.93 518.24 1,241.75
2012-09-28 3,767.78 528.26 1,032.46
2012-06-29 3,698.88 512.45 898.59
  • Jacobs Engineering Group's level of debt (51.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (22.2% vs 51.1% today).
  • Debt is not well covered by operating cash flow (13.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.6x coverage).
X
Financial health checks
We assess Jacobs Engineering Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jacobs Engineering Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

JEG Dividends

 What is Jacobs Engineering Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.88%
Current annual income from Jacobs Engineering Group dividends. Estimated to be 0.91% next year.
If you bought €2,000 of Jacobs Engineering Group shares you are expected to receive €18 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jacobs Engineering Group's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Jacobs Engineering Group's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:JEG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Construction Industry Average Dividend Yield Market Cap Weighted Average of 73 Stocks 3.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:JEG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.78 5.00
2020-09-30 0.72 9.00
2019-09-30 0.66 9.00
DB:JEG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-02 0.680 0.880
2019-01-17 0.680 0.946
2018-09-11 0.600 0.882
2018-07-19 0.600 0.848
2018-05-03 0.600 0.935
2018-01-18 0.600 0.975
2017-09-27 0.600 0.959
2017-07-18 0.600 1.118
2017-05-04 0.600 1.119
2017-01-19 0.600 1.068

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Jacobs Engineering Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Jacobs Engineering Group only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Jacobs Engineering Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (7.9x coverage).
X
Income/ dividend checks
We assess Jacobs Engineering Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jacobs Engineering Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jacobs Engineering Group has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

JEG Management

 What is the CEO of Jacobs Engineering Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Steve Demetriou
COMPENSATION $13,043,688
AGE 60
TENURE AS CEO 3.8 years
CEO Bio

Mr. Steven J. Demetriou, also known as Steve, serves as a Strategic Advisor at Resilience Capital Partners LLC. Mr. Demetriou served as an Operating Partner and Member of Board of Advisors of Resilience Capital Partners LLC. He has been the Chairman of the Board at Jacobs Engineering Group Inc. since July 28, 2016 and has been its Chief Executive Officer and President since August 17, 2015 and has been its Director since 2015. He has several years of global business leadership experience including some years in the role of chief executive officer at various companies. He served as the Chairman and Chief Executive Officer of Aleris International, Inc. from December 2004 to June 2015. Mr. Demetriou served as the Chief Executive Officer of Lubrizol Advanced Materials International, Inc. since March 2001 and also served as its President since May 2001. He served as an Executive Vice President of Mosaic Global Holdings Inc. Mr. Demetriou served as the Chairman and Chief Executive Officer of Aleris Corporation from December 2004 to July 13, 2015. He served as the Chief Executive Officer and President of Commonwealth Industries, Inc. since June 11, 2004 and served as its Chairman. Mr. Demetriou served as Senior Vice President of Mosaic Phosphates Co. He served as the President and Chief Executive Officer of Noveon, Inc. from 2001 to June 2004. Mr. Demetriou served as the Chief Executive Officer of Lubrizol Advanced Materials, Inc. from March 2001 to June 2004 and served as its President since May 2001. He served as an Executive Vice President of IMC Global Inc. from 1999 to 2001 and President of IMC Crop Nutrients. Mr. Demetriou joined IMC Global, Inc. in June 1999 as the President and Senior Vice President of the IMC Phosphates business unit. He served as Vice President of Global Specialty Resins and President of Cytec Asia-Pacific of Cytec Industries Inc. from December 1997 to June 1999. Mr. Demetriou served in a number of leadership positions with Cytec Industries Inc., from 1997 to 1999. He served for Exxon Chemical Company for several years and served various leadership positions during that time. From 1981 to 1999, he served various positions with Exxon Corporation/ExxonMobil. Mr. Demetriou began his career at Exxon Mobil Corporation, where he held roles of increasing responsibility in operations, commercial, financial and general management. He serves as the Chairman of Aluminum Association Inc, The. He serves as an Associate Director of Metals Service Center Institute. Mr. Demetriou served as the Non-Executive Chairman of the Board at Foster Wheeler AG from November 4, 2011 to November 13, 2014. He serves as a Director of Polymer Holdings, Greater Cleveland Sports Commission, United Way Of Greater Cleveland and Cuyahoga Community College. Mr. Demetriou has been a Chairman, Chief Executive Officer and Director of Jacobs Engineering Group Inc. since August 17, 2015. He has been a Director of FirstEnergy Corp. since January 17, 2017. He has been an Independent Director of Kraton Polymers LLC since December 1, 2004. He served as an Independent Director of Kraton Corporation (alternate name, Kraton Performance Polymers Inc.) since September 2009 until May 25, 2017. Mr. Demetriou served as an Independent Director of Vectra Corporation (alternate name, OM Group Inc.) from November 10, 2005 to June 1, 2015. He served as a Director of Foster Wheeler AG from January 2008 to November 13, 2014. He served as a Director of Metals Service Center Institute since 2011. Mr. Demetriou served as a Director of ElkCorp. since October 2005. He served as a Director of Lubrizol Advanced Materials, Inc. from March 2001 to June 2004. He served as a Director of Lubrizol Advanced Materials International, Inc. since March 2001. Mr. Demetriou served as a Director of Commonwealth Industries, Inc. since 2002. He is active in numerous philanthropic organizations in the Cleveland, Ohio, area. Mr. Demetriou has been a Director at Jersey Central Power & Light Company since January 20, 2017. His Private Boards & Community Involvement : ?Co-Chairman of US-Saudi Arabian Business Council, Board Member of US Chamber of Commerce,?Board Member of Cuyahoga Community College Foundation, Member of Dallas Citizen’s Council and?Member of Dallas Regional Chamber. He also serves on the board of Regis Corporation. He has gained broad experience with companies in a wide range of industries, including Metals, Specialty Chemicals, Oil & Gas, Manufacturing and Fertilizers. Mr. Demetriou has a Bachelor of Science in Chemical Engineering from Tufts University.

CEO Compensation
  • Steve's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Steve's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Jacobs Engineering Group management team in years:

0.6
Average Tenure
56
Average Age
  • The average tenure for the Jacobs Engineering Group management team is less than 2 years, this suggests a new team.
Management Team

Steve Demetriou

TITLE
Chairman
COMPENSATION
$13M
AGE
60
TENURE
3.8 yrs

Kevin Berryman

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
59
TENURE
4.3 yrs

Bob Pragada

TITLE
Chief Operating Officer
COMPENSATION
$4M
AGE
50
TENURE
0.6 yrs

Terry Hagen

TITLE
Chief Operating Officer
COMPENSATION
$3M
AGE
54
TENURE
0.6 yrs

Gary Mandel

TITLE
Special Advisor to Chair & CEO
COMPENSATION
$6M
AGE
58
TENURE
0.6 yrs

Billy Allen

TITLE
Senior VP & Chief Accounting Officer
AGE
54
TENURE
2.6 yrs

Darren Kraabel

TITLE
Chief Technology & Innovation Officer
TENURE
0.6 yrs

Madhuri Andrews

TITLE
Chief Information Officer
AGE
51
TENURE
0.6 yrs

Joanne Caruso

TITLE
Chief Legal & Administration officer
AGE
58
TENURE
0.6 yrs

Jonathan Doros

TITLE
Vice President of Investor Relations
Board of Directors Tenure

Average tenure and age of the Jacobs Engineering Group board of directors in years:

5.3
Average Tenure
70.5
Average Age
  • The tenure for the Jacobs Engineering Group board of directors is about average.
Board of Directors

Steve Demetriou

TITLE
Chairman
COMPENSATION
$13M
AGE
60
TENURE
2.8 yrs

Robert Davidson

TITLE
Independent Director
COMPENSATION
$292K
AGE
72
TENURE
18.3 yrs

Joe Bronson

TITLE
Independent Director
COMPENSATION
$290K
AGE
70
TENURE
16.3 yrs

Peter Robertson

TITLE
Independent Director
COMPENSATION
$285K
AGE
71
TENURE
9.8 yrs

Chris Thompson

TITLE
Lead Independent Director
COMPENSATION
$265K
AGE
70
TENURE
0.3 yrs

Linda Fayne Levinson

TITLE
Independent Director
COMPENSATION
$373K
AGE
76
TENURE
23.3 yrs

Ed Eberhart

TITLE
Independent Director
COMPENSATION
$265K
AGE
71
TENURE
6.7 yrs

Dawne Hickton

TITLE
Independent Director
COMPENSATION
$265K
AGE
60
TENURE
4 yrs

Bob McNamara

TITLE
Independent Director
COMPENSATION
$265K
AGE
65
TENURE
2.3 yrs

Barry Williams

TITLE
Independent Director
COMPENSATION
$240K
AGE
74
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • Jacobs Engineering Group insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. May 19 Sell Joseph Bronson Individual 14. May 19 14. May 19 -3,000 €68.21 €-204,626
11. Jun 18 Sell Robert Davidson Individual 07. Jun 18 07. Jun 18 -700 €55.77 €-39,039
23. May 18 Buy Christopher M. Thompson Individual 22. May 18 22. May 18 4,000 €54.41 €217,627
X
Management checks
We assess Jacobs Engineering Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jacobs Engineering Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

JEG News

Simply Wall St News

JEG Company Info

Description

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company’s Aerospace, Technology, Environmental and Nuclear segment offers scientific, engineering, construction, nuclear, environmental, and technical support services to the aerospace, defense, technical, and automotive industries. Its Buildings, Infrastructure and Advanced Facilities segment develops/rehabilitates plans for highways, bridges, transit, tunnels, airports, railroads, intermodal facilities, and maritime or port projects; develops or rehabilitates critical water resource systems, water/wastewater conveyance systems, and flood defense projects; and provides engineering design, construction management, design build, and operations and maintenance. This segment also designs and constructs buildings; offers consulting, engineering, procurement, construction management, and delivery services for life sciences clients; and provides services relating to modular construction and other consulting and strategic planning services, as well as offers services in containment, barrier technology, locally controlled environments, building systems automation, off-the-site design, and fabrication of facility modules. The company’s Energy, Chemicals and Resources segment offers services relating to onshore and offshore oil and gas production facilities, processing facilities, gathering systems, and transmission pipelines and terminals; feasibility/economic studies, technology evaluation, conceptual engineering, front end loading, detailed engineering, procurement, construction, maintenance, and commissioning services; and engineering, procurement, and construction solutions. This segment also provides services, such as manufacturing complex, expansions, modifications, and management of plant relocations; construction management and field construction services; and services to operate and maintain facilities. The company was founded in 1947 and is headquartered in Dallas, Texas.

Details
Name: Jacobs Engineering Group Inc.
JEG
Exchange: DB
Founded: 1947
$9,307,965,852
136,608,836
Website: http://www.jacobs.com
Address: Jacobs Engineering Group Inc.
1999 Bryan Street,
Suite 1200,
Dallas,
Texas, 75201,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE JEC Common Stock New York Stock Exchange US USD 24. May 1971
DB JEG Common Stock Deutsche Boerse AG DE EUR 24. May 1971
LSE 0JOI Common Stock London Stock Exchange GB USD 24. May 1971
Number of employees
Current staff
Staff numbers
74,400
Jacobs Engineering Group employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 21:15
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/29
Last annual earnings reported: 2018/09/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.