Jabil Circuit Inc (JBL)

Gross profit margin

		Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Gross profit	US$ in thousands	2,676,000	2,867,000	2,632,000	2,359,000	1,931,000
Revenue	US$ in thousands	29,825,000	34,496,000	33,323,000	29,141,000	27,063,200
Gross profit margin		8.97%	8.31%	7.90%	8.10%	7.14%

August 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,676,000K ÷ $29,825,000K
= 8.97%

The gross profit margin of Jabil Circuit Inc has shown a fluctuating trend over the past five years, ranging from 7.14% in 2020 to 8.97% in 2024. The gradual increase in the gross profit margin from 2020 to 2024 indicates an improvement in the company's ability to generate profits from its core operations and manage the cost of goods sold efficiently. However, the margin saw a slight dip in 2023 before picking up again in 2024. Overall, the upward trend in the gross profit margin reflects positively on Jabil Circuit Inc's profitability and operational performance over the analyzed period.