FY2023 Separation Roadmap
Segment financials
$'s in millions
People & Places Solutions Operating Profit
as a % of adj. net revenue
Critical Mission Solutions Operating Profit
as a % of revenue
PA Consulting Operating Profit
as a % of revenue
Divergent Solutions Operating Profit
as a % of adj. net revenue
Q1 2023
227
14.9%
82
7.6%
51
18.1%
Q1 2024
2253
13.7%
93
8.3%
54
17.8%
12
6.0%
81
3.6%
Y/Y
(0.7)%
(125 bps)
13.6%
63 bps
6.7%
(30 bps)
(36.7)%
(236 bps)
Y/Y CC
(2.6)%
11.5%
1.7%
(37.9)%
Adjusted Unallocated Corporate Costs
Adjusted Operating Profit from Continuing Operations
as a % of adj. net revenue
Adjusted EBITDA from Continuing Operations
as a % of adj. net revenue
Note: See Use of Non-GAAP reconciliation and operating metrics at end of this presentation.
(40)
(59)
47.8%
43.8%
3322
3221
10.8%
9.8%
3392
11.0%
3281
10.0%
(3.1)%
(102 bps)
(3.1)%
(104 bps)
(5.2)%
1 Includes $15M pre-tax non-cash inventory write down in Divergent Solutions.
2 Included $15M in net favorable impacts from changes in employee benefit programs in FY23.
19
3 P&PS Adj. Operating Profit would have increased ~7% y/y excluding change in unallocated corporate cost allocation methodology.
Jacobs 2024View entire presentation