Jacobs Solutions Inc. (J)
Gross profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,473,320 | 3,327,040 | 3,043,770 | 2,586,670 | 2,477,030 |
| Revenue | US$ in thousands | 16,377,400 | 15,085,600 | 14,240,900 | 13,518,700 | 12,737,900 |
| Gross profit margin | 21.21% | 22.05% | 21.37% | 19.13% | 19.45% |
September 30, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,473,320K ÷ $16,377,400K
= 21.21%
Jacobs Solutions Inc.'s gross profit margin has shown fluctuations over the past five years. The company's gross profit margin for the fiscal year ending Sep 30, 2023, was 21.21%, a slight decrease from the previous year's margin of 22.05%. This downward trend contrasts with the prior year where there was an increase in the margin from 21.37% in 2021 to 22.05% in 2022. The gross profit margin in 2020 was 19.13%, showing improvement from the 19.45% margin in 2019. Overall, the company's gross profit margin has been relatively stable around the low twenties percent range, albeit with some fluctuations in recent years.
Peer comparison
Sep 30, 2023