Jabil Circuit Inc (JBL)

Gross profit margin

		Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019
Gross profit (ttm)	US$ in thousands	2,676,000	2,779,000	2,868,000	2,899,000	2,867,000	2,830,000	2,752,000	2,700,000	2,632,000	2,490,000	2,439,000	2,399,000	2,359,000	2,262,888	2,151,036	2,012,161	1,931,000	1,934,789	1,922,440	1,947,189
Revenue (ttm)	US$ in thousands	29,731,000	31,237,000	32,864,000	33,262,000	34,496,000	35,012,000	34,905,000	34,363,000	33,323,000	31,701,450	30,597,290	29,874,810	29,140,990	29,008,250	28,121,180	27,402,560	27,063,170	26,546,240	26,337,560	26,279,490
Gross profit margin		9.00%	8.90%	8.73%	8.72%	8.31%	8.08%	7.88%	7.86%	7.90%	7.85%	7.97%	8.03%	8.10%	7.80%	7.65%	7.34%	7.14%	7.29%	7.30%	7.41%

August 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,676,000K ÷ $29,731,000K
= 9.00%

The gross profit margin of Jabil Circuit Inc has shown some fluctuations over the past few periods. From November 2020 to August 2024, the gross profit margin has ranged from a low of 7.14% to a high of 9.00%.

Overall, the trend has been slightly increasing, with the gross profit margin improving in recent periods. The company has managed to maintain its gross profit margin above 8% for most of the periods, indicating efficiency in managing production costs relative to revenues.

It is essential to continue monitoring the gross profit margin to ensure that it remains at a healthy level, as it is a crucial metric for assessing the company's operational efficiency and profitability. The recent upturn in the gross profit margin is a positive sign, suggesting improved profitability for Jabil Circuit Inc.