Jabil Circuit Inc (JBL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.73% | 8.72% | 8.31% | 8.08% | 7.88% | 7.86% | 7.90% | 7.85% | 7.97% | 8.03% | 8.10% | 7.80% | 7.65% | 7.34% | 7.14% | 7.29% | 7.30% | 7.41% | 7.57% | 7.61% |
| 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% |
| Pretax margin | 6.00% | 3.60% | 3.66% | 3.55% | 3.48% | 3.53% | 3.69% | 3.52% | 3.43% | 3.26% | 3.23% | 2.82% | 2.21% | 1.60% | 0.95% | 0.92% | 1.20% | 1.47% | 1.78% | 1.86% |
| Net profit margin | 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% | 1.14% | 0.72% |
Over the specified periods, Jabil Circuit Inc has been able to maintain a relatively stable gross profit margin, oscillating between 7.88% to 8.73%. This indicates the company has been effectively managing its production costs and pricing strategies.
However, the operating profit margin shows more variability, with the highest margin recorded at 6.85% in February 2024 and the lowest at 1.85% in August 2020. This suggests fluctuations in the company's operating expenses and efficiency in generating profits from core operations.
Similarly, the pretax margin and net profit margin have experienced fluctuations over time. The pretax margin has ranged from 3.43% to 6.00%, while the net profit margin has varied from 0.15% to 4.59%. These margins indicate the company's ability to control costs and generate profits after accounting for interest, taxes, and other expenses.
Overall, Jabil Circuit Inc's profitability ratios demonstrate a mix of stability and fluctuation, showcasing its ability to manage costs and generate profits effectively, albeit with some variability in operating efficiency and overall profitability.
Return on investment
| 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 return on assets (Operating ROA) | 13.14% | 7.61% | 7.91% | 7.74% | 7.42% | 6.85% | 7.06% | 6.87% | 6.70% | 6.20% | 6.33% | 6.27% | 5.56% | 4.33% | 3.47% | 3.68% | 4.37% | 4.41% | 5.40% | 5.28% |
| Return on assets (ROA) | 8.81% | 4.06% | 4.21% | 5.03% | 4.92% | 4.77% | 5.05% | 4.71% | 4.63% | 4.19% | 4.18% | 3.74% | 2.54% | 1.40% | 0.38% | 0.29% | 1.01% | 1.41% | 2.21% | 1.40% |
| Return on total capital | 40.90% | 27.57% | 26.98% | 26.84% | 27.31% | 27.27% | 27.50% | 23.98% | 25.08% | 24.12% | 21.38% | 19.09% | 16.07% | 12.90% | 9.62% | 11.48% | 13.17% | 14.61% | 15.89% | 14.62% |
| Return on equity (ROE) | 56.77% | 31.12% | 28.54% | 35.75% | 36.03% | 38.67% | 40.64% | 36.33% | 34.53% | 33.41% | 32.58% | 27.54% | 17.66% | 10.79% | 2.98% | 2.37% | 7.62% | 11.10% | 15.21% | 9.55% |
Jabil Circuit Inc's profitability ratios have shown fluctuations over the historical periods provided.
1. Operating return on assets (Operating ROA) has generally improved over the years, indicating the company's ability to generate profit from its assets. It reached its peak at 13.14% on Feb 29, 2024, suggesting efficient asset utilization for generating operating income.
2. Return on assets (ROA) has also shown an upward trend, with a peak of 8.81% on Feb 29, 2024. This ratio reflects the company's ability to generate profits relative to its total assets.
3. Return on total capital has demonstrated variability, with spikes observed in certain periods. The ratio reached its highest point at 40.90% on Feb 29, 2024, indicating a strong return on the total capital employed in the company's operations.
4. Return on equity (ROE) has displayed fluctuations but generally improved over time, peaking at 56.77% on Feb 29, 2024. This ratio highlights the company's efficiency in generating profits from shareholders' equity.
Overall, the trends in these profitability ratios suggest improving operational efficiency and profitability for Jabil Circuit Inc, indicating effective management of assets, capital, and equity to generate higher returns for shareholders.