Jacobs Solutions Inc. (J)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 692,436 | 664,589 | 661,290 | 767,909 | 863,714 | 1,003,896 | 1,101,970 | 978,322 | 917,850 | 860,827 | 858,811 | 651,484 | 688,091 | 459,048 | 389,678 | 598,568 | 535,973 | 612,585 | 508,163 | 443,066 |
| 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 |
| Operating profit margin | 4.44% | 3.93% | 3.93% | 4.61% | 5.30% | 6.31% | 7.07% | 6.37% | 6.12% | 5.80% | 5.89% | 4.55% | 4.83% | 3.29% | 2.83% | 4.50% | 4.02% | 4.63% | 3.90% | 3.40% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $692,436K ÷ $15,593,660K
= 4.44%
Operating profit margin is a key financial ratio that indicates the efficiency of a company in generating profits from its core business activities. Jacobs Solutions Inc.'s operating profit margin has exhibited fluctuations over the past few quarters, ranging from 2.83% to 7.07%.
The trend analysis shows a general decline in the operating profit margin from the first quarter of 2021 to the third quarter of 2024. The company's operating profit margin decreased from 7.07% in the first quarter of 2023 to 4.44% in the third quarter of 2024.
The decreasing trend in the operating profit margin could be a cause for concern as it indicates that Jacobs Solutions Inc. may be experiencing challenges in controlling its operating expenses relative to its revenue. Management should investigate the reasons behind this decline and implement strategies to improve operational efficiency and cost management in order to enhance profitability in the future.
Peer comparison
Sep 30, 2024