Jabil Circuit Inc (JBL)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,013,000 | 1,537,000 | 1,393,000 | 1,055,000 | 500,000 |
| Revenue | US$ in thousands | 29,825,000 | 34,496,000 | 33,323,000 | 29,141,000 | 27,063,200 |
| Operating profit margin | 6.75% | 4.46% | 4.18% | 3.62% | 1.85% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,013,000K ÷ $29,825,000K
= 6.75%
The operating profit margin of Jabil Circuit Inc has shown steady improvement over the past five years. From 1.85% in 2020, the margin has consistently increased to 6.75% in 2024. This reflects positively on the company's ability to control operating expenses and generate more profit from its core business activities. The upward trend indicates improved operational efficiency and profitability, which could be attributed to various strategic initiatives such as cost optimization, revenue growth, or operational performance enhancements. Overall, the rising operating profit margin of Jabil Circuit Inc signifies a stronger financial performance and may instill confidence in investors and stakeholders regarding the company's operational capabilities.
Peer comparison
Aug 31, 2024