FY2023 Separation Roadmap
Transformation to less volatile and higher value services and solutions
Government Services
PA Consulting
7%
PA Consulting
18%
Critical
Infrastructure
28%
Adj EBITDA
Margins
1
FY14
$12.7B
7.8%
FY14
2015-2016
Energy, Chemicals
and Resources
54%
Assess and Focus
■ New management team joins Jacobs
Developed strategy aligned to secular
growth opportunities
Critical
Infrastructure
59%
1
FY23
$16.4B
10.8%
FY23
2017-2023
De-risk and Shift to Higher Value Services
CMS/C&I
34%
At least 300 bps of margin expansion
expected post CMS separation
FY25E
Standalone
13.8%+²
2
FY25E
Critical
Infrastructure
Today & future
Challenging Today. Reinventing Tomorrow.
"
Acquired CH2M to accelerate growth in high value infrastructure
■ Foundation of efficient, competitive businesses
■ Divested energy, chemical and resources business
■ Global, premier high-end solutions provider
"
Acquired majority ownership in PA Consulting
■
Positioning two leading businesses for success
4
Note: See Use of Non-GAAP financial measures and operating metrics at the end of this presentation.
1 Based on Revenue per applicable 10K filing
2 Projected Adj. EBITDA Margin, dependent on successful completion of CMS separation. Reconciliation of fiscal year 2025 adjusted EBITDA Margin to the most directly comparable GAAP measure is not available without
unreasonable efforts because the Company cannot predict with sufficient certainty all of the components required to provide such reconciliation.View entire presentation