GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jacobs Solutions Inc (NYSE:J) » Definitions » Gross Property, Plant and Equipment

J (Jacobs Solutions) Gross Property, Plant and Equipment : $1,225 Mil (As of Sep. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Jacobs Solutions Gross Property, Plant and Equipment?

Jacobs Solutions's quarterly gross PPE increased from Mar. 2024 ($734 Mil) to Jun. 2024 ($750 Mil) and increased from Jun. 2024 ($750 Mil) to Sep. 2024 ($1,225 Mil).

Jacobs Solutions's annual gross PPE stayed the same from Sep. 2022 ($1,382 Mil) to Sep. 2023 ($1,125 Mil) but then increased from Sep. 2023 ($1,125 Mil) to Sep. 2024 ($1,225 Mil).


Jacobs Solutions Gross Property, Plant and Equipment Historical Data

The historical data trend for Jacobs Solutions's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jacobs Solutions Gross Property, Plant and Equipment Chart

Jacobs Solutions Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,364.17 1,512.90 1,381.51 1,124.86 1,224.58

Jacobs Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,124.86 759.05 734.39 750.14 1,224.58

Jacobs Solutions Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Jacobs Solutions  (NYSE:J) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Jacobs Solutions Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Jacobs Solutions's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Jacobs Solutions Business Description

Industry
Traded in Other Exchanges
Address
1999 Bryan Street, Suite 3500, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $11.5 billion in revenue in fiscal 2024.
Executives
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Thompson Christopher M.t. director 10901 W. TOLLER DRIVE, SUITE 300, LITTLETON CO 80127
Allen William B Jr officer: SENIOR VICE PRESIDENT C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Steven J. Demetriou director, officer: President and CEO 25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44102
Kevin C Berryman officer: EXECUTIVE VICE PRESIDENT 521 WEST 57TH STREET, NEW YORK NY 10019
Patrick Hill officer: Executive Vice President 1999 BRYAN STREET, STE 1200, DALLAS TX 75201
Claudia Jaramillo officer: CFO and EVP 5959 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Shannon Miller officer: Executive Vice President 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Stephen A Arnette officer: Executive Vice President 1999 BRYAN STREET, STE 1300 TX 75201
Priya Abani director 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Robert V Pragada officer: PRESIDENT - INDUSTRIAL C/O JACOBS ENGINEERING GROUP, INC., 1111 S. ARROYO PARKWAY, PASADENA CA 91105
Michael R Tyler officer: SVP & General Counsel 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Davidson Robert C Jr director
Dawne S Hickton director 148 KENYON RD, PITTSBURGH PA 15205
Linda Fayne Levinson director C/O JACOBS ENGINEERING GROUP INC, 1111 S ARROYO PKWY, PASADENA CA 91105