• Jacobs Solutions average debt/equity ratio for 2023 was 0.47, a 14.55% decline from 2022.
• Jacobs Solutions average debt/equity ratio for 2022 was 0.55, a 7.84% decline from 2021.
• Jacobs Solutions average debt/equity ratio for 2021 was 0.51, a 34.21% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.