CMS Separation Overview

Reconciliation to adjusted EBITDA, adjusted EBITDA margin and adj. net revenue Net Earnings attributable to Jacobs from Continuing Operations Restructuring, Transaction, and Other Charges Effects of Transaction Costs Other Adjustments Adj. Net Earings attributable to Jacobs from Continuing Operations Adj. Income Tax Expense for Continuing Operations Adj. Net Earings from Continuing Operations attributable to J before income taxes Interest income Adj. Interest expense Depreciation expense Amortization of Intangibles Adjusted EBITDA Incremental CH2M EBITDA Contribution Adjusted EBITDA further Adjusted for CH2M GAAP Revenue from Continuing Ops Pass Through Revenue Adj. Net Revenue Incremental CH2M Revenue Contribution Adj. Net Revenue further Adjusted for CH2M Adjusted EBITDA Margin 41 Twelve Months Ended 10/2/2015 303 $ 9/30/2016 210 $ 9/29/2017 9/28/2018 9/27/2019 10/2/2020 294 $ (4) $ 291 $ 354 $ 108 163 78 174 260 248 9/30/2022 6/30/2023 644 $ 10/1/2021 467 $ 304 118 742 25 60 46 20 311 107 125 54 135 139 $ 411 374 $ 392 $ 540 $ 704 $ 727 826 $ 897 $ 905 151 138 155 162 162 177 252 268 258 $ 561 $ 512 $ 547 $ 701 $ 866 $ 905 $ 1,077 $ 1,165 $ 1,164 (7) (8) (9) (9) (9) (4) (4) (20) 20 15 12 24 38 62 69 100 157 100 82 76 118 88 91 101 102 101 49 48 46 +A +A 723 $ 649 $ 673 $ 834 $ 983 $ 1,052 $ 1,244 $ 1,364 $ 1,402 723 649 $ 673 19 853 $ 983 $ 1,052 $ 1,244 $ 1,364 $ 1,402 12,115 10,964 (2,603) (2,490) +9 9,512 8,474 $ 10,023 (2,539) 7,483 $ 10,580 (2,254) 12,738 (2,543) 13,567 (2,610) 14,093 14,923 15,945 (2,382) (2,492) (2,926) +A 9,512 $ 8,474 $ 7,483 8,325 $ 753 9,078 $ 10,195 $ 10,957 $ 11,711 12,431 $ 13,018 10,195 $ 10,957 $ 11,711 $ 12,431 $ 13,018 7.6% 7.7% 9.0% 9.4% 9.6% 9.6% 10.6% 11.0% 10.8% Jacobs 2023

View entire presentation