Jacobs Solutions Inc. (J)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 665,777 | 644,039 | 477,030 | 491,845 | 847,979 |
| Revenue | US$ in thousands | 16,377,400 | 15,085,600 | 14,240,900 | 13,518,700 | 12,737,900 |
| Net profit margin | 4.07% | 4.27% | 3.35% | 3.64% | 6.66% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $665,777K ÷ $16,377,400K
= 4.07%
The net profit margin of Jacobs Solutions Inc. has fluctuated over the past five years, ranging from 3.35% in 2021 to 6.66% in 2019. The net profit margin measures the company's profitability by indicating the percentage of revenue that translates into net income after all expenses are deducted.
In 2023, the net profit margin decreased slightly to 4.07% from 4.27% in 2022, indicating a slight decrease in profitability. It is crucial for the company to analyze the reasons behind this decline to identify areas for improvement in cost management or revenue generation.
Overall, Jacobs Solutions Inc. has maintained a relatively stable net profit margin over the years, suggesting consistent management of expenses and revenue. However, the recent decline in 2023 could warrant further investigation to ensure sustainable profitability in the future.
Peer comparison
Sep 30, 2023