Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Jacobs Solutions's annualizedNet Income for the quarter that ended in Mar. 2026 was $-184 Mil. Jacobs Solutions's average total tangible assets for the quarter that ended in Mar. 2026 was $6,338 Mil. Therefore, Jacobs Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.90%.
The historical rank and industry rank for Jacobs Solutions's Return-on-Tangible-Asset or its related term are showing as below:
J'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.89 Med: 8.31 Max: 13.42
Current: 6.37
During the past 13 years, Jacobs Solutions's highest Return-on-Tangible-Asset was 13.42%. The lowest was 2.89%. And the median was 8.31%.
J's Return-on-Tangible-Asset is ranked better than 71.05% of 1779
companies
in the Construction industry
Industry Median: 3.02
vs J: 6.37
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Jacobs Solutions Return-on-Tangible-Asset Related Terms
Jacobs Solutions Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jacobs Solutions's Return-on-Tangible-Asset 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.
J vs DY, IESC, BLD: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Jacobs Solutions's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jacobs Solutions Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Jacobs Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jacobs Solutions's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.90% mean?
Jacobs Solutions (J) has a Return-on-Tangible-Asset of -2.90% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jacobs Solutions and its competitors. Over the past decade, Jacobs Solutions' Return-on-Tangible-Asset has ranged from 2.89 to 13.42. According to the industry distribution chart, Jacobs Solutions ranks #515 out of 1779 companies in the Construction industry, placing it in the top 28.9%.
Is Jacobs Solutions' Return-on-Tangible-Asset too high?
Jacobs Solutions' current Return-on-Tangible-Asset is -2.90%. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 13.42. Based on the distribution chart, Jacobs Solutions ranks #515 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Jacobs Solutions has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jacobs Solutions' Return-on-Tangible-Asset compare to DY and IESC?
According to the Construction industry distribution chart, Jacobs Solutions ranks #515 out of 1779 companies for Return-on-Tangible-Asset. This puts Jacobs Solutions in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.02. Historically, Jacobs Solutions' own Return-on-Tangible-Asset has ranged from 2.89 to 13.42 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.02, based on 1,779 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jacobs Solutions and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jacobs Solutions's current Return-on-Tangible-Asset is -2.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacobs Solutions stock overvalued right now?
Based on GuruFocus' analysis, Jacobs Solutions (J) is currently considered Fairly Valued. The stock's GF Value™ is $130.55, compared to a current price of $125.84 — trading 3.6% below its estimated fair value. The current Return-on-Tangible-Asset is -2.90%. Jacobs Solutions' overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Jacobs Solutions (J), the current Return-on-Tangible-Asset is -2.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jacobs Solutions (J) Overvalued in 2026?
Based on GuruFocus' analysis, Jacobs Solutions stock appears to be undervalued.
The current stock price of $125.84 is trading 3.6% below its estimated GF Value™ of $130.55.
GuruFocus considers Jacobs Solutions to be Fairly Valued.
Key valuation signals for J:
Return-on-Tangible-Asset: -2.90%
GF Value™: $130.55 vs. price of $125.84 (3.6% below fair value)
No single metric tells the full story. See the J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 $12 billion in revenue in fiscal 2025.
73GF Score
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