Jabil Circuit Inc (JBL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 701,000 | 665,507 |
| 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 |
| Operating profit margin | 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% | 2.77% | 2.72% |
February 29, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,250,000K ÷ $32,864,000K
= 6.85%
Operating profit margin measures the company's ability to generate profits from its core business activities. For Jabil Circuit Inc, the operating profit margin has shown a generally increasing trend over the past 20 quarters, with fluctuations in between.
The operating profit margin for Jabil Circuit Inc ranged from 1.85% to 6.85% during this period. The highest operating profit margin of 6.85% was observed in February 2024, indicating that for every dollar of sales, the company generated $0.0685 in operating profit. This reflects strong operational efficiency and effective cost management during that period.
On the other hand, the lowest operating profit margin of 1.85% was recorded in May 2020 and August 2020, indicating a lower ability to generate profits from operations during those periods. However, it is important to note that the operating profit margin has shown an overall upward trend since then.
The increasing trend in operating profit margin for Jabil Circuit Inc suggests improving operational efficiency and cost control measures, which can be positive indicators for shareholders and potential investors. Monitoring this metric over time can provide insights into the company's operational performance and financial health.
Peer comparison
Feb 29, 2024