Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Jacobs Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -58.97%.
The historical rank and industry rank for Jacobs Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
J'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 63.25 Med: 91.33 Max: 154.62
Current: 109.71
During the past 13 years, Jacobs Solutions's highest ROC (Joel Greenblatt) % was 154.62%. The lowest was 63.25%. And the median was 91.33%.
J's ROC (Joel Greenblatt) % is ranked better than 88.45% of 1775
companies
in the Construction industry
Industry Median: 19.37
vs J: 109.71
Jacobs Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.70% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Jacobs Solutions ROC (Joel Greenblatt) % Related Terms
Jacobs Solutions ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Jacobs Solutions's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Jacobs Solutions's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Jacobs Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jacobs Solutions's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of -58.97% mean?
Jacobs Solutions (J) has a ROC (Joel Greenblatt) % of -58.97% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jacobs Solutions and its competitors. Over the past decade, Jacobs Solutions' ROC (Joel Greenblatt) % has ranged from 63.25 to 154.62. According to the industry distribution chart, Jacobs Solutions ranks #205 out of 1775 companies in the Construction industry, placing it in the top 11.5%.
Is Jacobs Solutions' ROC (Joel Greenblatt) % too high?
Jacobs Solutions' current ROC (Joel Greenblatt) % is -58.97%. Over the past 10 years, this metric has ranged from a low of 63.25 to a high of 154.62. Based on the distribution chart, Jacobs Solutions ranks #205 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Jacobs Solutions has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jacobs Solutions' ROC (Joel Greenblatt) % compare to DY and IESC?
According to the Construction industry distribution chart, Jacobs Solutions ranks #205 out of 1775 companies for ROC (Joel Greenblatt) %. This places Jacobs Solutions in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.37. Historically, Jacobs Solutions' own ROC (Joel Greenblatt) % has ranged from 63.25 to 154.62 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 ROC (Joel Greenblatt) % for a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.37, based on 1,775 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jacobs Solutions and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jacobs Solutions's current ROC (Joel Greenblatt) % is -58.97%. 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 $131.90, compared to a current price of $127.89 — trading 3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -58.97%. Jacobs Solutions' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Jacobs Solutions (J), the current ROC (Joel Greenblatt) % is -58.97% 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 $127.89 is trading 3% below its estimated GF Value™ of $131.90.
GuruFocus considers Jacobs Solutions to be Fairly Valued.
Key valuation signals for J:
ROC (Joel Greenblatt) %: -58.97%
GF Value™: $131.90 vs. price of $127.89 (3% 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.
78GF Score
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