Jacobs Solutions Inc. (J)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,832,756 | 3,583,499 | 3,523,462 | 3,509,141 | 3,473,316 | 3,397,431 | 3,365,163 | 3,345,279 | 3,327,040 | 3,319,124 | 3,311,584 | 3,208,187 | 3,043,773 | 2,880,944 | 2,693,035 | 2,574,157 | 2,586,668 | 2,587,266 | 2,584,374 | 2,553,080 |
| Revenue (ttm) | US$ in thousands | 15,593,660 | 16,920,700 | 16,831,680 | 16,644,190 | 16,285,330 | 15,919,820 | 15,590,950 | 15,364,810 | 14,986,580 | 14,842,990 | 14,583,300 | 14,303,250 | 14,240,870 | 13,942,640 | 13,751,990 | 13,290,930 | 13,331,740 | 13,244,740 | 13,027,110 | 13,014,400 |
| Gross profit margin | 18.17% | 21.18% | 20.93% | 21.08% | 21.33% | 21.34% | 21.58% | 21.77% | 22.20% | 22.36% | 22.71% | 22.43% | 21.37% | 20.66% | 19.58% | 19.37% | 19.40% | 19.53% | 19.84% | 19.62% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,832,756K ÷ $15,593,660K
= 18.17%
The gross profit margin of Jacobs Solutions Inc. has fluctuated over the past several periods, ranging from a low of 18.17% to a high of 22.71%. The company's gross profit margin decreased from 21.58% in Mar 31, 2023, to 18.17% in Sep 30, 2024, indicating a decline in the profitability of each sale during that period. However, the gross profit margin has shown some resilience by rebounding to 21.18% in Jun 30, 2024.
Overall, Jacobs Solutions Inc. has demonstrated a relatively stable gross profit margin performance, with fluctuations within a reasonable range. It is essential for the company to monitor and analyze the factors influencing these fluctuations to maintain and enhance its profitability levels in the future.
Peer comparison
Sep 30, 2024