Jack In The Box Inc (JACK)

Gross profit margin

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Gross profit (ttm)	US$ in thousands	836,498	818,444	813,217	818,013	818,892	849,467	839,026	803,130	740,708	789,599	763,614	755,767	764,440	885,272	934,924	747,687	736,470	698,804	678,888	894,315
Revenue (ttm)	US$ in thousands	1,571,306	1,594,540	1,622,311	1,652,708	1,692,306	1,722,555	1,723,918	1,650,468	1,468,083	1,343,764	1,214,917	1,149,840	1,143,670	1,120,617	1,093,434	1,052,374	1,021,506	987,340	967,424	966,994
Gross profit margin		53.24%	51.33%	50.13%	49.50%	48.39%	49.31%	48.67%	48.66%	50.45%	58.76%	62.85%	65.73%	66.84%	79.00%	85.50%	71.05%	72.10%	70.78%	70.17%	92.48%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $836,498K ÷ $1,571,306K
= 53.24%

The gross profit margin of Jack In The Box Inc has shown fluctuations over the periods analyzed. It has ranged from a low of 48.39% to a high of 92.48%. The trend indicates variability in the company's ability to generate profit from its core business operations.

In recent periods, there has been a general decline in the gross profit margin, indicating potential challenges in managing costs or pricing strategies. The significant drop from 79.00% to 71.05% between the dates of Sep 30, 2021, and Apr 11, 2021, suggests a notable shift in the company's profitability.

It is noteworthy that the gross profit margin reached its peak at 92.48% on Jan 19, 2020, reflecting a period of strong profitability potentially driven by effective cost management or pricing strategies.

Overall, further analysis of the company's cost structure and pricing policies may be necessary to understand the factors influencing the fluctuations in the gross profit margin over the analyzed periods.