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Jacobs Solutions (Jacobs Solutions) Gross Profit : $3,509 Mil (TTM As of Dec. 2023)


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What is Jacobs Solutions Gross Profit?

Jacobs Solutions's gross profit for the three months ended in Dec. 2023 was $851 Mil. Jacobs Solutions's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,509 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jacobs Solutions's gross profit for the three months ended in Dec. 2023 was $851 Mil. Jacobs Solutions's Revenue for the three months ended in Dec. 2023 was $4,159 Mil. Therefore, Jacobs Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 20.45%.

Jacobs Solutions had a gross margin of 20.45% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Jacobs Solutions was 22.29%. The lowest was 16.12%. And the median was 19.68%.


Jacobs Solutions Gross Profit Historical Data

The historical data trend for Jacobs Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jacobs Solutions Gross Profit Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,477.03 2,586.67 3,043.77 3,327.04 3,473.32

Jacobs Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 814.71 890.29 856.74 911.57 850.54

Competitive Comparison of Jacobs Solutions's Gross Profit

For the Engineering & Construction subindustry, Jacobs Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jacobs Solutions's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jacobs Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jacobs Solutions's Gross Profit falls into.



Jacobs Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Jacobs Solutions's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=16352.414 - 12879.099
=3,473

Jacobs Solutions's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4159.225 - 3308.687
=851

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,509 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Jacobs Solutions's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=851 / 4159.225
=20.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Jacobs Solutions  (NYSE:J) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Jacobs Solutions had a gross margin of 20.45% for the quarter that ended in Dec. 2023 => Competition eroding margins


Jacobs Solutions Gross Profit Related Terms

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Jacobs Solutions (Jacobs Solutions) Business Description

Traded in Other Exchanges
Address
1999 Bryan Street, Suite 1200, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.
Executives
Steven J. Demetriou director, officer: President and CEO 25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44102
Patrick Hill officer: Executive Vice President 1999 BRYAN STREET, STE 1200, DALLAS TX 75201
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Allen William B Jr officer: SENIOR VICE PRESIDENT C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Claudia Jaramillo officer: CFO and EVP 5959 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Kevin C Berryman officer: EXECUTIVE VICE PRESIDENT 521 WEST 57TH STREET, NEW YORK NY 10019
Thompson Christopher M.t. director 10901 W. TOLLER DRIVE, SUITE 300, LITTLETON CO 80127
Shannon Miller officer: Executive Vice President 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Stephen A Arnette officer: Executive Vice President 1999 BRYAN STREET, STE 1300 TX 75201
Priya Abani director 1999 BRYAN STREET, SUITE 1200, DALLAS TX 75201
Robert V Pragada officer: PRESIDENT - INDUSTRIAL C/O JACOBS ENGINEERING GROUP, INC., 1111 S. ARROYO PARKWAY, PASADENA CA 91105
Michael R Tyler officer: SVP & General Counsel 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Davidson Robert C Jr director
Dawne S Hickton director 148 KENYON RD, PITTSBURGH PA 15205
Linda Fayne Levinson director C/O JACOBS ENGINEERING GROUP INC, 1111 S ARROYO PKWY, PASADENA CA 91105