Jacobs Solutions Inc. (J)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 2,477,029 | 2,417,727 | 2,400,188 |
| Revenue (ttm) | US$ in thousands | 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 | 12,664,130 | 13,413,910 | 14,419,930 |
| Gross profit margin | 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% | 19.56% | 18.02% | 16.64% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,509,141K ÷ $16,644,190K
= 21.08%
Jacobs Solutions Inc.'s gross profit margin has shown a fluctuating trend over the past several quarters. The company's gross profit margin ranged from a low of 16.64% in the third quarter of 2019 to a high of 22.71% in the first quarter of 2022.
In recent quarters, the gross profit margin has been relatively stable, ranging between 21.08% and 22.43%. This indicates that Jacobs Solutions Inc. has been effectively managing its production costs and maintaining a healthy level of gross profit relative to its sales revenue.
Overall, the company's gross profit margin has shown some volatility but has generally improved over the quarters analyzed. This suggests that Jacobs Solutions Inc. is effectively controlling its production costs and operations to generate a reasonable level of gross profit.
Peer comparison
Dec 31, 2023