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Pay vs Performance Disclosure
 12 Months Ended
Sep. 29, 2023
USD ($)
$ / shares
Sep. 30, 2022
USD ($)
$ / shares
Oct. 01, 2021
USD ($)
$ / shares
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Pay-versus-Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K
under the Securities Act, we are providing the following information about the relationship between “Compensation Actually Paid,” (herein referred to as “CAP”) to our CEO and our other NEOs as compared to the Company’s total shareholder return (“TSR”), the TSR of our selected peer group, our GAAP net income, and our company-selected performance measure, Adjusted EPS.
For further information concerning the Company’s performance-based approach to executive compensation and how the Company aligns executive compensation with the Company’s performance, refer to “Compensation Discussion and Analysis.”
2023 Pay vs. Performance Table
The following table shows the past three fiscal years’ of SCT pay, CAP, our cumulative TSR, the cumulative TSR of our performance peers over the same period, our Net Income, and our Adjusted EPS. As the table below demonstrates, there is a strong relationship between our financial outcomes, particularly TSR, and CAP to PEOs and the average of CAP to the remaining NEOs. The Compensation Committee believes this illustrates that the Company’s
pay-for-performance
approach is working as designed.
 
                   
Year
  
Summary
Compensation
Table Total
for CEO
(Demetriou)
(1)
    
Compensation
Actually Paid
to CEO
(Demetriou)
(1) (3)
    
Summary
Compensation
Table Total
for CEO
(Pragada)
(2)
    
Compensation
Actually Paid
to CEO
(Pragada)
(2) (3)
    
Average
Summary
Compensation
Table Total
for Other
NEOs
(4)
    
Average
Compensation
Actually Paid
to Other
NEOs
(3) (4)
    
Value of
Initial Fixed
$100
Investment
Based On:
    
Net
Income
(6)
($MM)
    
Adj.
EPS
(7)
  
 
Jacobs
TSR
(5)
    
 
Peer
Group
TSR
(5)
  
                     
2023
     $6,433,775       $16,401,745       $10,898,649       $15,676,003       $4,128,458       $7,040,687       $150       $122       $667       $7.20  
                     
2022
     $14,615,521       $16,124,394       N/A       N/A       $4,242,112       $3,513,697       $119       $106       $644       $6.93  
                     
2021
     $16,275,230       $39,002,853       N/A       N/A       $6,557,631       $10,527,045       $144       $133       $477       $6.29  
 
(1)
Fiscal 2023 compensation for Mr. Demetriou reflects his service as CEO until January 24, 2023.
(2)
Fiscal 2023 compensation for Mr. Pragada reflects his service as CEO starting January 24, 2023, and compensation received under his prior role as President and Chief Operating Officer (COO).
(3)
CAP reflects the SEC methodology, with adjustments for calculating CAP from the Summary Compensation Table values provided in the table below.
(4)
NEOs used for the average NEO for each fiscal year are as follows:
  -  
2023: Steve Arnette, Kevin Berryman, Joanne Caruso, Steve Demetriou, Patrick X. Hill, and Claudia Jaramillo
  -  
2022: Kevin Berryman, Joanne Caruso, Dawne S. Hickton, Patrick X. Hill, and Bob Pragada
  -  
2021: Kevin Berryman, Joanne Caruso, Dawne S. Hickton, and Bob Pragada.
(5)
Cumulative TSR is measured as of a beginning date of October 1, 2020 (i.e., September 30, 2020 stock price is the base date for calculation); and peer group TSR reflects values for the S&P 1500 IT Consulting & Other Services Index, as disclosed in our fiscal 2023 Annual Report on Form
10-K.
Both cumulative TSR and peer group TSR are calculated in the same manner as disclosed in our fiscal 2023 Annual Report on Form
10-K,
in accordance with Item 201(e) of Regulation
S-K.
(6)
Net Income reflects GAAP net income, as disclosed in our financial statements.
(7)
The Company-selected measure that we believe represents the most important financial performance measure used to link CAP for fiscal 2023 to Company performance is Adjusted EPS. Adjusted EPS is computed by dividing Adjusted Net Earnings by the weighted average number of shares of the Company’s common stock outstanding during the period. For a definition of Adjusted Net Earnings, please refer to page 47.
 
 
 
 
Adjustments to Calculate Compensation Actually Paid
 
         
               
Equity Awards
        
             
Year
  
Executive
  
SCT Total
    
Deduct SCT
Stock & Option
Awards
    
Add
Year-End

Value of
Unvested Equity
Granted in
Year
(1)(a)
    
Add Change in
Value of Unvested
Awards Granted
in Prior Years
    
Add Change in
Value of Vested
Equity Granted
in Prior Years
    
Total CAP
  
             
2023
   CEO (Demetriou)    $ 6,433,775     ($ 3,430,785 )    $ 3,752,795     $ 4,874,636     $ 4,771,324     $ 16,401,745  
  CEO (Pragada)   $ 10,898,649     ($ 7,939,420 )    $ 8,679,489     $ 2,658,793     $ 1,378,492     $ 15,676,003  
  Average NEO   $ 4,128,458     ($ 2,443,650 )    $ 2,672,056     $ 1,503,269     $ 1,180,555     $ 7,040,687  
             
2022
   CEO (Demetriou)    $ 14,615,521     ($ 12,000,106 )    $ 8,953,246     ($ 5,496,145 )    $ 10,051,878     $ 16,124,394  
  Average NEO   $ 4,242,112     ($ 2,690,085 )    $ 1,663,846     ($ 1,202,339 )    $ 1,500,163     $ 3,513,697  
             
2021
   CEO (Demetriou)    $ 16,275,230     ($ 11,500,101 )    $ 14,714,972     $ 9,244,782     $ 10,267,971     $ 39,002,853  
  Average NEO   $ 6,557,631     ($ 4,550,092 )    $ 5,540,518     $ 1,711,565     $ 1,267,423     $ 10,527,045  
 
(1)
The fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in the Company’s financial statements.
   
Company Selected Measure Name Adjusted EPS    
Named Executive Officers, Footnote
(4)
NEOs used for the average NEO for each fiscal year are as follows:
  -  
2023: Steve Arnette, Kevin Berryman, Joanne Caruso, Steve Demetriou, Patrick X. Hill, and Claudia Jaramillo
  -  
2022: Kevin Berryman, Joanne Caruso, Dawne S. Hickton, Patrick X. Hill, and Bob Pragada
  -  
2021: Kevin Berryman, Joanne Caruso, Dawne S. Hickton, and Bob Pragada.
   
Peer Group Issuers, Footnote
(5)
Cumulative TSR is measured as of a beginning date of October 1, 2020 (i.e., September 30, 2020 stock price is the base date for calculation); and peer group TSR reflects values for the S&P 1500 IT Consulting & Other Services Index, as disclosed in our fiscal 2023 Annual Report on Form
10-K.
Both cumulative TSR and peer group TSR are calculated in the same manner as disclosed in our fiscal 2023 Annual Report on Form
10-K,
in accordance with Item 201(e) of Regulation
S-K.
    
Adjustment To PEO Compensation, Footnote
Adjustments to Calculate Compensation Actually Paid
 
         
               
Equity Awards
        
             
Year
  
Executive
  
SCT Total
    
Deduct SCT
Stock & Option
Awards
    
Add
Year-End

Value of
Unvested Equity
Granted in
Year
(1)(a)
    
Add Change in
Value of Unvested
Awards Granted
in Prior Years
    
Add Change in
Value of Vested
Equity Granted
in Prior Years
    
Total CAP
  
             
2023
   CEO (Demetriou)    $ 6,433,775     ($ 3,430,785 )    $ 3,752,795     $ 4,874,636     $ 4,771,324     $ 16,401,745  
  CEO (Pragada)   $ 10,898,649     ($ 7,939,420 )    $ 8,679,489     $ 2,658,793     $ 1,378,492     $ 15,676,003  
  Average NEO   $ 4,128,458     ($ 2,443,650 )    $ 2,672,056     $ 1,503,269     $ 1,180,555     $ 7,040,687  
             
2022
   CEO (Demetriou)    $ 14,615,521     ($ 12,000,106 )    $ 8,953,246     ($ 5,496,145 )    $ 10,051,878     $ 16,124,394  
  Average NEO   $ 4,242,112     ($ 2,690,085 )    $ 1,663,846     ($ 1,202,339 )    $ 1,500,163     $ 3,513,697  
             
2021
   CEO (Demetriou)    $ 16,275,230     ($ 11,500,101 )    $ 14,714,972     $ 9,244,782     $ 10,267,971     $ 39,002,853  
  Average NEO   $ 6,557,631     ($ 4,550,092 )    $ 5,540,518     $ 1,711,565     $ 1,267,423     $ 10,527,045  
 
(1)
The fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in the Company’s financial statements.
   
Non-PEO NEO Average Total Compensation Amount $ 4,128,458 $ 4,242,112 $ 6,557,631
Non-PEO NEO Average Compensation Actually Paid Amount $ 7,040,687 3,513,697 10,527,045
Adjustment to Non-PEO NEO Compensation Footnote
Adjustments to Calculate Compensation Actually Paid
 
         
               
Equity Awards
        
             
Year
  
Executive
  
SCT Total
    
Deduct SCT
Stock & Option
Awards
    
Add
Year-End

Value of
Unvested Equity
Granted in
Year
(1)(a)
    
Add Change in
Value of Unvested
Awards Granted
in Prior Years
    
Add Change in
Value of Vested
Equity Granted
in Prior Years
    
Total CAP
  
             
2023
   CEO (Demetriou)    $ 6,433,775     ($ 3,430,785 )    $ 3,752,795     $ 4,874,636     $ 4,771,324     $ 16,401,745  
  CEO (Pragada)   $ 10,898,649     ($ 7,939,420 )    $ 8,679,489     $ 2,658,793     $ 1,378,492     $ 15,676,003  
  Average NEO   $ 4,128,458     ($ 2,443,650 )    $ 2,672,056     $ 1,503,269     $ 1,180,555     $ 7,040,687  
             
2022
   CEO (Demetriou)    $ 14,615,521     ($ 12,000,106 )    $ 8,953,246     ($ 5,496,145 )    $ 10,051,878     $ 16,124,394  
  Average NEO   $ 4,242,112     ($ 2,690,085 )    $ 1,663,846     ($ 1,202,339 )    $ 1,500,163     $ 3,513,697  
             
2021
   CEO (Demetriou)    $ 16,275,230     ($ 11,500,101 )    $ 14,714,972     $ 9,244,782     $ 10,267,971     $ 39,002,853  
  Average NEO   $ 6,557,631     ($ 4,550,092 )    $ 5,540,518     $ 1,711,565     $ 1,267,423     $ 10,527,045  
 
(1)
The fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in the Company’s financial statements.
   
Compensation Actually Paid vs. Total Shareholder Return    
Compensation Actually Paid vs. Net Income        
Compensation Actually Paid vs. Company Selected Measure LOGO    
Total Shareholder Return Vs Peer Group    
Tabular List, Table
Unranked List of the Company’s Most Important Financial Performance Metrics
The table below lists our most important performance measures used to link CAP to our NEOs to company performance over the fiscal year ending September 30, 2023. These measures are used to determine payouts for our annual and long-term incentive plans. For more information on our incentive plan measures and goals, refer to “Compensation Discussion & Analysis.” The performance measures included in this table are not ranked by relative importance.
 
 
Most Important Financial Performance Metrics
 
Adjusted EPS
 
Adjusted Operating Profit
 
ROIC
    
Total Shareholder Return Amount $ 150 119 144
Peer Group Total Shareholder Return Amount 122 106 133
Net Income (Loss) $ 667,000,000 $ 644,000,000 $ 477,000,000
Company Selected Measure Amount | $ / shares 7.2 6.93 6.29
Measure:: 1      
Pay vs Performance Disclosure      
Name Adjusted EPS    
Measure:: 2      
Pay vs Performance Disclosure      
Name Adjusted Operating Profit    
Measure:: 3      
Pay vs Performance Disclosure      
Name ROIC    
Demetriou [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 6,433,775 $ 14,615,521 $ 16,275,230
PEO Actually Paid Compensation Amount $ 16,401,745 16,124,394 39,002,853
PEO Name Demetriou    
Pragada [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 10,898,649    
PEO Actually Paid Compensation Amount $ 15,676,003    
PEO Name Pragada    
PEO | Demetriou [Member] | Stock and Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (3,430,785) (12,000,106) (11,500,101)
PEO | Demetriou [Member] | Value of Unvested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 3,752,795 8,953,246 14,714,972
PEO | Demetriou [Member] | Change in Value of Unvested Awards Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,874,636 (5,496,145) 9,244,782
PEO | Demetriou [Member] | Change in Value of Vested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,771,324 10,051,878 10,267,971
PEO | Pragada [Member] | Stock and Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (7,939,420)    
PEO | Pragada [Member] | Value of Unvested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 8,679,489    
PEO | Pragada [Member] | Change in Value of Unvested Awards Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,658,793    
PEO | Pragada [Member] | Change in Value of Vested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,378,492    
Non-PEO NEO | Stock and Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (2,443,650) (2,690,085) (4,550,092)
Non-PEO NEO | Value of Unvested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,672,056 1,663,846 5,540,518
Non-PEO NEO | Change in Value of Unvested Awards Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,503,269 (1,202,339) 1,711,565
Non-PEO NEO | Change in Value of Vested Equity Granted [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 1,180,555 $ 1,500,163 $ 1,267,423