Jbs (JBS) Operating Margin (2024 - 2026)

Jbs' (JBS) quarterly Operating Margin came in at 2.2% in Q1 2026, down 224.0% year-on-year from 1.77% in Q1 2025, and down 46.85% quarter-over-quarter from 4.13% in Q4 2025.

Jbs (JBS) Operating Margin (2024 - 2026) Analysis & Trends

Jbs' Operating Margin history runs 3 years deep, the most recent figure standing at 2.2% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 224.0% year-over-year to 2.2% in Q1 2026; TTM through Mar 2026 was 4.22%, a 34.0% increase from a year earlier, with the FY2025 full-year figure at 4.83%, down 85.0% from the prior year.
  • Operating Margin slipped to 2.2% in Q1 2026 per JBS's latest filing, from 4.13% in the prior quarter.
  • Across five years, Operating Margin topped out at 7.8% in Q3 2024 and bottomed at 1.69% in Q4 2024.
  • The 3-year median for Operating Margin is 4.43% (2025), against an average of 4.49%.
  • Biggest YoY gain for Operating Margin was 244 bps in 2025; the steepest drop was 241 bps in 2025.
  • Year by year, Operating Margin stood at 1.69% in 2024, then surged by 145 bps to 4.13% in 2025, then slumped by 47 bps to 2.2% in 2026.
  • Per Business Quant, the three latest JBS Operating Margin figures stand at 2.2% (Q1 2026), 4.13% (Q4 2025), and 5.39% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 18.94%
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn -45.40%
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 7.30%
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 14.27%
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 8.76%
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 14.62%
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -4.97%
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn -57.54%
10 Jbs 2,581.95 17.60 Mn 2.32 Bn 2.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.20%
Dec 31, 2025 4.13%
Sep 30, 2025 5.39%
Jun 30, 2025 5.16%
Mar 31, 2025 4.43%
Dec 31, 2024 1.69%
Sep 30, 2024 7.80%
Jun 30, 2024 5.66%
Mar 31, 2024 3.91%