Jabil Circuit Inc (JBL)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	1,388,000	1,405,000	1,509,000	789,000	818,000	978,000	963,000	978,000	996,000	856,000	807,000	737,000	696,000	588,819	368,861	213,578	54,000	38,745	133,185	203,822
Total stockholders’ equity	US$ in thousands	1,737,000	2,276,000	2,658,000	2,535,000	2,866,000	2,736,000	2,673,000	2,529,000	2,451,000	2,356,000	2,337,000	2,206,000	2,136,000	2,138,010	2,089,160	1,979,370	1,811,000	1,632,300	1,746,830	1,835,690
ROE		79.91%	61.73%	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%

August 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,388,000K ÷ $1,737,000K
= 79.91%

The return on equity (ROE) of Jabil Circuit Inc has shown a positive trend over the last few quarters, indicating an improvement in the company's ability to generate profit from shareholders' equity. The ROE has consistently increased from 11.10% in November 2019 to 79.91% in August 2024, reflecting a significant rise in profitability and efficiency in utilizing shareholders' investment.

The strong upward trajectory in ROE signifies that Jabil Circuit Inc has been successful in effectively managing its assets and leveraging equity to generate earnings. The company's ability to deliver a ROE of nearly 80% in the latest reported period showcases its capacity to maximize returns for shareholders.

Overall, the trend in Jabil Circuit Inc's ROE demonstrates a positive financial performance and efficiency in utilizing equity to generate profits, which could be indicative of effective management and strategic decision-making within the organization.