FY2023 Separation Roadmap
Cost Optimization Plan
Streamlining operating model and eliminating stranded costs
~$90M of Cost
Optimization
(Run Rate)
■
☐
$40M corporate unallocated cost reduction
initiative
$50M in costs related to independent Jacobs
operating model including technology and global
delivery platform
~$50M of
Stranded Costs
Eliminating ~$50M in stranded costs associated
with the CMS separation
■ Stranded costs are not incremental to operating
profit
Driving >300 bps in margin expansion
Standalone Jacobs Adj. EBITDA Margin
10.8%
13.8%+
Over 300 bps of
expected Adj. EBITDA
Margin expansion
achieved through:
■ Separation of
lower margin
business
■ $140M of cost
optimization
initiatives
FY23 As-Reported
Operating
leverage
1
FY25E
Total Cost Optimization: > $140M including $90M+ in run-rate savings
22
1Assumes $90M of cost optimization and successful completion of CMS separation in FY24.
Jacobs 2024View entire presentation