Jabil Circuit Inc (JBL)
Pretax margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,751,000 | 1,262,000 | 1,231,000 | 942,000 | 258,000 |
| Revenue | US$ in thousands | 29,825,000 | 34,496,000 | 33,323,000 | 29,141,000 | 27,063,200 |
| Pretax margin | 5.87% | 3.66% | 3.69% | 3.23% | 0.95% |
August 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,751,000K ÷ $29,825,000K
= 5.87%
Jabil Circuit Inc's pretax margin has shown a consistent upward trend over the past five years. The company's pretax margin increased from 0.95% in August 2020 to 5.87% in August 2024, indicating improved profitability and efficiency in generating earnings before taxes relative to total revenue. This steady improvement may suggest effective cost management, revenue growth, or a combination of both. It reflects positively on the company's ability to control costs and generate higher profits from its operations. Investors and stakeholders may view this trend favorably as it signals the company's increasing profitability and potential for sustainable financial performance.
Peer comparison
Aug 31, 2024