JBLNYSEPrinted Circuit BoardsFiscal year ends August 31
JABIL INC
Financials through Q3 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Jun 30, 2026
$282.06+3.81 (+1.37%)
Close on Oct 19, 2026
- Market cap
- $30.04B
- P/E (TTM)
- 35.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
8.9%+1.8 pts over 5 years
Operating margin
4.0%+2.1 pts over 5 years
Net margin
2.2%+2.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.2% | -3.8% | +1.8% | +5.2% | |
| Gross profit | -1.1% | +0.2% | +6.5% | +5.8% | |
| Operating income | -41.3% | -5.3% | +18.8% | +7.8% | |
| Net income | -52.7% | -13.0% | +64.8% | +8.7% | |
| EPS, diluted | -47.0% | -5.0% | +76.1% | +15.1% | |
| Free cash flow | +25.8% | +63.9% | +33.7% | +15.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.7% | 2.9% | 40.4% | |
| Return on assets | 2.6% | 0.4% | 3.7% | |
| Current ratio | 1.05 | 1.01 | 1.00 | |
| Debt to equity | 0.87 | 1.51 | 1.91 | |
| Net debt to EBITDA | 0.99× | 1.03× | 0.51× | |
| Interest coverage | 3.8× | 2.9× | – | |
| Inventory turnover | 6.8× | 8.2× | 6.1× | |
| Capex to revenue | 5.0% | 3.6% | 1.6% | |
| Diluted shares | 193M | 155M | 111M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Jabil generated $8.17B from operations and spent $10.16B on capital expenditure, dividends and share buybacks. 48% of that went back into the business.
Generated
$8.17B
Used
$10.16B
Capital expenditure$4.83B48%Dividends$221.00M2%Share buybacks$5.11B50%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.2%
×Asset turnover1.66×
×Equity multiplier11.04×
=Return on equity, FY202540.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.2% | 1.66× | 11.04× | 40.4% |
| FY2024 | 4.8% | 1.57× | 7.99× | 60.3% |
| FY2023 | 2.4% | 1.77× | 7.36× | 30.8% |
| FY2022 | 3.0% | 1.84× | 7.93× | 43.4% |
| FY2021 | 2.4% | 1.89× | 7.87× | 35.3% |
| FY2020 | 0.2% | 1.99× | 7.40× | 2.9% |
| FY2019 | 1.1% | 2.02× | 6.52× | 15.0% |
| FY2018 | 0.4% | 1.91× | 5.38× | 4.0% |
| FY2017 | 0.7% | 1.78× | 4.47× | 5.4% |
| FY2016 | 1.4% | 1.84× | 4.19× | 10.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$657.00M
- Cash generatingOperating cash flow above zero$1.64B
- Return on assets improvedROA up on the prior year7.1% → 3.8%
- Earnings backed by cashOperating cash flow above net income$1.64B vs $657.00M
- Less leverageLong-term debt to assets fell16.6% → 12.9%
- Better liquidityCurrent ratio rose1.09 → 1.00
- No dilutionShare count did not rise124M → 111M
- Gross margin improvedGross margin up on the prior year9.26% → 8.88%
- More efficientAsset turnover rose1.49 → 1.72