Jack In The Box Inc (JACK)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	836,762	819,296	740,708	764,440	674,780
Revenue	US$ in thousands	1,571,310	1,692,310	1,468,080	1,143,670	1,021,510
Gross profit margin		53.25%	48.41%	50.45%	66.84%	66.06%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $836,762K ÷ $1,571,310K
= 53.25%

The gross profit margin of Jack In The Box Inc has fluctuated over the past five years. In 2024, the gross profit margin stood at 53.25%, representing an increase from the previous year's margin of 48.41%. However, it is important to note that the current margin is still lower than the margins reported in 2021 and 2020, which were 66.84% and 66.06%, respectively.

The fluctuation in the gross profit margin could indicate varying levels of efficiency in managing production costs and pricing strategies during this period. A higher gross profit margin suggests that the company is effectively controlling its direct costs related to production, while a lower margin could indicate challenges in managing these costs or pricing products competitively.

Further analysis would be needed to understand the specific factors driving these fluctuations in the gross profit margin and to assess the overall financial health and operational efficiency of Jack In The Box Inc.