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Company | Revenue | |
---|---|---|
AZZAZZ |
409M 1% | |
CintasCTAS |
2.5B 1.8% |
Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 6.96B | 2.9% |
Gross Profit | 663M | 9% |
Cost of Revenue | 6.68B | 2.9% |
Operating expense | 389M | 13.1% |
Net Income | 138M | 7% |
EBITDA | 381M | 39.6% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 17.4B | 0.6% |
Total Liabilities | 15.6B | 2.9% |
Total Equity | 1.74B | 23.7% |
Shares Outstanding | 114M | 4.2% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 535M | 3.9% |
Cash from investing | -116M | 27.5% |
Cash from financing | -679M | 27.2% |
EPS
Financial Highlights for Jabil in Q3 '24
Jabil reported a revenue of 6.96B, which is a 2.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 663M, marking a 9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 6.68B, a 2.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 389M, showing a 13.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 138M, showing a 7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 381M, showing a 39.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Jabil with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.