Jacobs Solutions Inc. (J)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 937,586 | 821,631 | 825,363 | 831,540 | 861,959 | 904,292 | 941,361 | 840,771 | 804,944 | 682,868 | 702,374 | 557,665 | 751,813 | 608,996 | 646,619 | 503,137 | 484,565 | 713,942 | 923,800 | 1,163,379 |
| 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 |
| Pretax margin | 6.01% | 4.86% | 4.90% | 5.00% | 5.29% | 5.68% | 6.04% | 5.47% | 5.37% | 4.60% | 4.82% | 3.90% | 5.28% | 4.37% | 4.70% | 3.79% | 3.63% | 5.39% | 7.09% | 8.94% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $937,586K ÷ $15,593,660K
= 6.01%
The pretax margin of Jacobs Solutions Inc. has shown some variability over the past few quarters. In the most recent quarter ending September 30, 2024, the pretax margin stood at 6.01%, representing an improvement from the previous quarter. However, it is important to note that the pretax margin has been fluctuating around the 5% mark over the last few quarters, indicating some inconsistency in the company's ability to generate profits before taxes.
Looking back over the past few years, the pretax margin has experienced both peaks and troughs. The highest pretax margin was observed in the third quarter of 2020 at 8.94%, while the lowest was in the first quarter of 2021 at 3.79%. This suggests that Jacobs Solutions Inc. has experienced significant changes in its profitability levels over the analyzed period.
Overall, the pretax margin trend of Jacobs Solutions Inc. indicates that the company needs to focus on consistently improving its operational efficiency and cost management to enhance profitability and maintain a stable pretax margin over time.
Peer comparison
Sep 30, 2024