Jabil Circuit Inc (JBL)

Net 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
Net income (ttm)	US$ in thousands	1,388,000	1,405,000	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
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
Net profit margin		4.67%	4.50%	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%

August 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,388,000K ÷ $29,731,000K
= 4.67%

The net profit margin of Jabil Circuit Inc has shown some variability over the past few years. In the most recent quarter ending on August 31, 2024, the net profit margin was 4.67%, indicating that the company retained $0.0467 in profit for every dollar of revenue generated. This demonstrates a slight improvement compared to the previous quarter's net profit margin of 4.50% in May 31, 2024.

Looking back further, the net profit margins have fluctuated, with a low of 0.15% in the quarter ending on May 31, 2020, and a high of 4.67% in the most recent quarter. This indicates that Jabil Circuit Inc has been able to maintain positive profitability, albeit with some variability.

It's important to note that a higher net profit margin indicates better profitability and operational efficiency. Thus, Jabil Circuit Inc's recent improvement in net profit margin is a positive sign for the company's financial performance. However, it is crucial to monitor this ratio consistently to ensure sustained profitability in the future.