Question 1

What is Jacobs Solutions's P/FCF ratio?

Accepted Answer

Jacobs Solutions (J) P/FCF ratio is 32.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Jacobs Solutions?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Jacobs Solutions specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Jacobs Solutions's P/FCF ratio high or low?

Accepted Answer

Jacobs Solutions's P/FCF ratio of 32.1× is above its own 5-year average of 25.0× and above the sector median of 24.3×. That places the current reading at the 73th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Jacobs Solutions's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Jacobs Solutions (J) P/FCF ratio has ranged from a low of 7.3× in 2010 to a high of 154.0× in 2011. The 5-year average is 25.0× and the 5-year median is 21.5×.

Question 7

What was Jacobs Solutions's P/FCF ratio in 2025?

Accepted Answer

Jacobs Solutions (J) P/FCF ratio at the end of 2025 was 29.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Jacobs Solutions's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$17.8B	$607M	29.2×	+12.1×	Sep 26, 2025
2024	$16B	$934M	17.1×	+0.1×	Sep 27, 2024
2023	$14.2B	$837M	17.0×	-16.0×	Sep 30, 2023
2022	$11.5B	$347M	33.0×	+10.5×	Sep 30, 2022
2021	$14.3B	$633M	22.5×	+8.0×	Sep 30, 2021
2020	$10B	$689M	14.5×	—	Sep 30, 2020
2019	$10.2B	-$503M	—	—	Sep 30, 2019
2018	$9.06B	$386M	23.5×	+10.9×	Sep 30, 2018
2017	$5.76B	$457M	12.6×	+4.1×	Sep 30, 2017
2016	$5.11B	$602M	8.5×	-1.0×	Sep 30, 2016
2015	$3.77B	$396M	9.5×	+0.6×	Sep 30, 2015
2014	$5.28B	$590M	9.0×	-10.5×	Sep 30, 2014
2013	$6.25B	$321M	19.5×	-2.4×	Sep 30, 2013
2012	$4.31B	$197M	21.9×	-2.7×	Sep 30, 2012
2011	$3.38B	$138M	24.5×	-2.5×	Sep 30, 2011
2010	$3.99B	$148M	27.0×	+17.2×	Sep 30, 2010
2009	$4.69B	$478M	9.8×	-17.9×	Sep 30, 2009
2008	$5.5B	$199M	27.7×	+1.2×	Sep 30, 2008
2007	$7.85B	$296M	26.5×	+5.3×	Sep 30, 2007
2006	$3.59B	$170M	21.2×	-6.0×	Sep 30, 2006
2005	$3.19B	$117M	27.2×	-8.2×	Sep 30, 2005
2004	$1.79B	$50.7M	35.3×	+17.2×	Sep 30, 2004
2003	$2.21B	$122M	18.1×	+7.0×	Sep 30, 2003
2002	$1.37B	$124M	11.1×	—	Sep 30, 2002


Thomson Reuters (TRI)	18.8×
PACCAR (PCAR)	18.6×
United Parcel Service (UPS)	18.5×
Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
United Airlines Holdings (UAL)	17.5×
Honeywell International (HON)	17.4×
Equifax (EFX)	17.0×
Norfolk Southern (NSC)	16.9×
FedEx (FDX)	15.9×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Masco (MAS)	13.0×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	10.1×
ABM Industries (ABM)	7.2×
Upwork (UPWK)	6.3×

P/FCF Ratio for Jacobs Solutions (J) 2002-2026

P/FCF Ratio daily chart for Jacobs Solutions (J)

Historical P/FCF Ratio for Jacobs Solutions (J) from 2002 to 2025

About P/FCF Ratio at Jacobs Solutions (J)

Jacobs Solutions P/FCF Ratio by Year

Jacobs Solutions P/FCF Ratio 2025: 29.2×

Jacobs Solutions P/FCF Ratio 2024: 17.1×

Jacobs Solutions P/FCF Ratio 2023: 17.0×

Jacobs Solutions P/FCF Ratio 2022: 33.0×

Jacobs Solutions P/FCF Ratio 2021: 22.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Jacobs Solutions (J) Key Financials