Jacobs Solutions Inc. (J)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,075,240 | 917,850 | 688,089 | 535,973 | 404,851 |
| Revenue | US$ in thousands | 16,377,400 | 15,085,600 | 14,240,900 | 13,518,700 | 12,737,900 |
| Operating profit margin | 6.57% | 6.08% | 4.83% | 3.96% | 3.18% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,075,240K ÷ $16,377,400K
= 6.57%
The operating profit margin of Jacobs Solutions Inc. has shown a steady upward trend over the past five years, indicating an improvement in the company's operational efficiency and profitability. From 3.18% in 2019, the operating profit margin increased to 6.57% in 2023, reflecting consistent growth in the company's ability to generate profits from its core business operations. This positive trend suggests that Jacobs Solutions Inc. has been effectively managing its operating costs and increasing its revenue streams. The company's ability to sustain and improve its operating profit margin is a positive indicator of its financial health and operational performance.
Peer comparison
Sep 30, 2023