Jabil Circuit Inc (JBL)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,388,000 | 818,000 | 996,000 | 696,000 | 54,000 |
| Revenue | US$ in thousands | 29,825,000 | 34,496,000 | 33,323,000 | 29,141,000 | 27,063,200 |
| Net profit margin | 4.65% | 2.37% | 2.99% | 2.39% | 0.20% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,388,000K ÷ $29,825,000K
= 4.65%
The net profit margin of Jabil Circuit Inc has shown a positive trend over the past five years, indicating the company's improving ability to generate profits from its revenue.
In particular, the net profit margin has increased from 0.20% in 2020 to 4.65% in 2024, reflecting a significant improvement in profitability. This upward trend suggests that Jabil Circuit Inc has effectively managed its costs and expenses relative to its revenue, resulting in higher profits per dollar of sales.
The steady improvement in the net profit margin from 2020 to 2024 indicates that Jabil Circuit Inc has been able to enhance its operational efficiency and profitability over the years. This positive trend bodes well for the company's financial health and overall performance.
Peer comparison
Aug 31, 2024