Jacobs Solutions Inc. (J)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,832,760 | 2,710,860 | 3,327,040 | 3,043,770 | 2,586,670 |
| Revenue | US$ in thousands | 11,675,600 | 16,377,400 | 15,085,600 | 14,240,900 | 13,518,700 |
| Gross profit margin | 24.26% | 16.55% | 22.05% | 21.37% | 19.13% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,832,760K ÷ $11,675,600K
= 24.26%
Jacobs Solutions Inc.'s gross profit margin has demonstrated fluctuations over the past five years. In the most recent fiscal year ending on September 30, 2024, the company achieved a gross profit margin of 24.26%, indicating an improvement in profitability compared to the previous years.
The upward trend in the gross profit margin from 2020 to 2024 suggests that Jacobs Solutions Inc. has been successful in effectively managing its production costs and pricing strategies to increase its profitability. The ability to generate higher gross profit margins can be a positive sign of operational efficiency and pricing power within the company.
However, it is essential to conduct a further in-depth analysis to understand the specific factors driving the changes in gross profit margin over the years. This analysis could involve examining cost structures, gross revenue trends, changes in product mix, and competitive dynamics in the industry to gain a comprehensive perspective on the company's overall financial performance.
Peer comparison
Sep 30, 2024