Jabil Circuit Inc (JBL)

Net profit margin

		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	Aug 31, 2019	May 31, 2019
Net income (ttm)	US$ in thousands	1,509,000	789,000	818,000	978,000	963,000	978,000	996,000	856,000	807,000	737,000	696,000	588,819	368,861	213,578	54,000	38,745	133,185	203,822	287,000	177,122
Revenue (ttm)	US$ in thousands	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	25,282,320	24,451,590
Net profit margin		4.59%	2.37%	2.37%	2.79%	2.76%	2.85%	2.99%	2.70%	2.64%	2.47%	2.39%	2.03%	1.31%	0.78%	0.20%	0.15%	0.51%	0.78%	1.14%	0.72%

February 29, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,509,000K ÷ $32,864,000K
= 4.59%

The net profit margin of Jabil Circuit Inc has shown fluctuations over the analyzed periods. The net profit margin measures the percentage of revenue that remains as profit after all expenses have been deducted.

The net profit margin increased from 0.72% in August 2019 to 4.59% in February 2024, indicating an improvement in the company's profitability during this period. This increase may suggest that the company effectively managed its costs and increased its revenue streams.

Overall, the net profit margin of Jabil Circuit Inc has generally been around the range of 2-3% over the past few years, with some variations. It is important for the company to continue monitoring and managing its expenses and revenues to maintain or improve its profitability in the future.