Jabil Circuit Inc (JBL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,013,000 | 2,136,000 | 2,250,000 | 1,478,000 | 1,537,000 | 1,505,000 | 1,451,000 | 1,405,000 | 1,393,000 | 1,249,000 | 1,168,000 | 1,091,000 | 1,055,000 | 987,207 | 806,591 | 661,221 | 500,000 | 492,182 | 573,716 | 637,069 |
| 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 |
| Operating profit margin | 6.77% | 6.84% | 6.85% | 4.44% | 4.46% | 4.30% | 4.16% | 4.09% | 4.18% | 3.94% | 3.82% | 3.65% | 3.62% | 3.40% | 2.87% | 2.41% | 1.85% | 1.85% | 2.18% | 2.42% |
August 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,013,000K ÷ $29,731,000K
= 6.77%
Jabil Circuit Inc's operating profit margin has shown a generally upward trend over the past several quarters, indicating improvements in operational efficiency and profitability. The company's operating profit margin ranged from 1.85% to 6.85% across the provided periods, with the most recent margin standing at 6.77%. This suggests that Jabil Circuit Inc has been effectively managing its operating expenses in relation to its revenue generation.
The consistent increase in operating profit margin reflects the company's ability to control costs and enhance its operational performance. The fluctuations in the margin over time may be attributed to various factors such as changes in pricing strategies, sales volume, operating costs, and investments in technological advancements.
Overall, Jabil Circuit Inc's operating profit margin performance indicates a positive trajectory in its profitability and operational effectiveness, demonstrating its capacity to generate profits from its core business activities.
Peer comparison
Aug 31, 2024