Jacobs Solutions Inc. (J)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 806,093 | 630,035 | 647,338 | 701,738 | 665,776 | 741,604 | 773,349 | 645,653 | 644,040 | 461,978 | 431,789 | 354,018 | 477,032 | 515,880 | 595,015 | 491,883 | 491,845 | 552,176 | 831,689 | 980,693 |
| 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 |
| Net profit margin | 5.17% | 3.72% | 3.85% | 4.22% | 4.09% | 4.66% | 4.96% | 4.20% | 4.30% | 3.11% | 2.96% | 2.48% | 3.35% | 3.70% | 4.33% | 3.70% | 3.69% | 4.17% | 6.38% | 7.54% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $806,093K ÷ $15,593,660K
= 5.17%
Jacobs Solutions Inc.'s net profit margin has shown fluctuations over the past several quarters. The net profit margin represents the percentage of revenue that translates into net income after deducting all expenses.
From December 2019 to September 2020, the company experienced a consistent increase in net profit margin from 4.17% to 7.54%, indicating improved profitability. However, since then, the trend has been more variable, with some quarters showing decreases in net profit margin.
In the most recent quarter, ending September 2024, Jacobs Solutions Inc. achieved a net profit margin of 5.17%, which represents the percentage of each dollar of revenue that translates to net income. This shows a moderate increase from the previous quarter's 3.72%, but lower compared to the peak in September 2020.
Overall, Jacobs Solutions Inc. should continue monitoring its net profit margin closely to ensure sustained profitability and operational efficiency. fluctuations in net profit margin could be influenced by various factors such as changes in revenue, cost management, and economic conditions.
Peer comparison
Sep 30, 2024