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Jabil (JBL) stock

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NYSE: JBL NYSE Electronic Manufacturing Services Next results ~December 16, 2026

B Fundamentals grade

Jabil is a US-listed company in the electronic manufacturing services industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$300

Cash-flow model

Base case. Range ~$220–$400 across our lower- and higher-growth cases (3.5%–13.5% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 12% below our base value.

Price used: $266.35, November 2, 2026

Jabil valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 11 selling1 purchase and 85 sales by directors and officers, last 12 monthsInsider trades
  • Funds603 adding, 451 cuttingOf 89 active managers that changed their stake, 51 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Jabil files

10-K filed October 23: Jabil

Model value +14.0%

Revenue for the twelve months to August 2026 reached $36.0bn, up 20.6% on a year earlier and faster than the 17.8% posted a quarter before. That pace ranks 172 of 934 among the companies we cover. Free cash flow margin held at 3.8%. The diluted share count fell 3.6% over the year, lifting the claim of each remaining share. Our fundamentals grade moves from C to C+, and model value rises from $261 to $298, against a share price of $274. The rating stays Hold. At that price, the market is pricing in roughly 9.7% annual cash flow growth over five years, well ahead of the 4.2% a year revenue growth delivered.

Source: 10-K filed October 23, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Jabil stands after its latest 10-Q

Revenue for the twelve months to May 2026 was $33.6bn, up 17.8% on a year earlier, slower than 19.0% a quarter earlier. Free-cash-flow margin held at 3.9%. The diluted share count is down 4.4% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 6 financial-health checks. Our cash-flow model value is $226 a share, against a share price of $277. At that price, our model says the market is pricing in about 10.5% a year of cash-flow growth for five years, faster than the 2.8% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 16, 2026 (estimated)

Jabil's trailing-twelve-month revenue grew 20.6% year on year, with a free-cash-flow margin of 3.8%. Where it stands out: change in share count of -3.6% ranks 1 of 12 electronic manufacturing services companies we cover.

Our discounted-cash-flow model values the business at ~$300 per share in the base case (~$220–$400 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 17.2% while net income grew 58.6%: a 41pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 20.6% over the last 12 months, against a median of 16.5% for electronic manufacturing services companies we cover.
  • Shrinking share count. Diluted shares fell 3.6% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 11.5% over 90 days.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 48% and a beta of 2.2 against the S&P 500.

Latest results: FY2026 Q4

Filed October 23, 2026
Earnings per share
$4.40 against an average estimate of $4.08: beat by 8.0%
Revenue
$10.62bn, up 28.6% on a year earlier
Share reaction
-6.0% in the first session after the results on September 30, 2026, against 0.0% for the S&P 500
Guidance given
net revenue $10.6bn to $11.4bn (First Quarter of Fiscal Year 2027); U.S. GAAP operating income $481m to $541m (First Quarter of Fiscal Year 2027)
Next report
December 16, 2026; average EPS estimate $4.05

Jabil's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week-3.4%
  • 1 month-12.5%
  • This year+16.9%
  • 1 year+20.7%
  • 5 years+327.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$36B
Operating margin
4.7%
Net margin
2.9%
EPS (TTM, diluted)
$9.75

Growth

Revenue growth
+20.6%
Change in growth rate
+2.8 pts
Share count change
−3.6%

Cash

Free cash flow (TTM)
$1.4B
FCF margin
3.8%
Stock pay % of revenue
0.4%

Earnings

Last results
September 30, 2026
Next results (est.)
December 16, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Our research
  3. Dividend
  4. Announcement
  5. Results
  6. Guidance
  7. Results
  8. Announcement
  9. Buyback

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Jabil valuation models and calculator

What the price is pricing in

The share price implies about 9.6% a year of cash-flow growth for five years.That is faster than the 4.2% a year revenue growth Jabil has delivered.

  • Priced in9.6%
  • Last 12 months20.6%
  • 3 years a year1.2%
  • 5 years a year4.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($276.16, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$300
Price used
$276.16close November 3, 2026
Implied change
▲ +9%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Jabil's free cash flow after stock-based pay with after-tax interest added back ($1.2B, FY2026 Q4 TTM), growing 20.3% and 11% in the next two years (forecasts, guidance and its record), then back to 8.5% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$220–~$400 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Jabil's free cash flow after stock-based pay ( $1.2B, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Jabil as an operating company, with every model that fits that kind of business. Cost of equity 11.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.4 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$300 ~$220–$400 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$300 ~$250–$340 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$110 ~$95–$120 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$250 ~$110–$300 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Jabil with Electronic Manufacturing Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −24%
  • Revenue growth 5 points higher ▲ +31%
  • Free-cash-flow margin 1 point lower ▼ −27%
  • Last year's free-cash-flow margin change, if it persists ▼ −3%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $149$208$286$389$523$697
8.5% $110$153$210$283$379$502
10% $87$120$164$220$293$386

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$19.82$29.68$28.32$27.92$33.41$60.86$59.72$113.77$108.94$204.59$305.26
Market value$3.8bn$5.5bn$5.0bn$4.4bn$5.2bn$9.3bn$8.6bn$15.5bn$13.5bn$22.7bn$32.6bn
+ Net debt (− = net cash)$1.2bn$888m$1.3bn$1.3bn$1.3bn$1.3bn$1.4bn$1.1bn$679m$952m$1.6bn
Enterprise value$5.0bn$6.4bn$6.2bn$5.8bn$6.5bn$10.6bn$10.0bn$16.5bn$14.2bn$23.6bn$34.3bn
Multiples
Price / sales 0.2x0.3x0.2x0.2x0.2x0.3x0.3x0.4x0.5x0.8x0.9x
Price / earnings 15.0x42.7x57.4x15.4x96.1x13.3x8.7x18.9x9.8x34.5x31.3x
Price / free cash flow ———23.6x18.9x33.8x32.4x22.0x14.5x19.4x23.7x
EV / EBITDA 4.1x5.5x4.7x3.9x5.0x5.5x4.3x6.7x5.2x12.7x14.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

42 /100

Weak moat

How hard Jabil's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 3 / 20

    Net income has been a median 3.7% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 8.1%, moving by 0.7 percentage points (standard deviation) across 10 years.

  • Durability 7 / 20

    Operating margin has been a median 3.8%; its worst year was 1.8%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 8 of 10 years, at a median 1.0% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 29.7% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (47 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 16, 2026, before the open. Analysts expect revenue of $11.0bn and EPS of $4.05 (range $4.00 to $4.15) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $17.69 +35% $44.8bn +25%
Next $22.17 +25% $52.1bn +16%

Next year's EPS estimate has moved +11.5% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.6% on 90 days ago. In the last 30 days, 9 analysts raised Jabil's forecast and 0 cut it.

Consensus EPS forecast Jabil, last 90 days
$16.00 $18.00 $20.00 $22.00 $24.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $16.75 Current fiscal year, 60 days ago: $16.84 Current fiscal year, 30 days ago: $16.88 Current fiscal year, 7 days ago: $17.69 Current fiscal year, Now: $17.69 $17.69 Next fiscal year, 90 days ago: $19.87 Next fiscal year, 60 days ago: $20.25 Next fiscal year, 30 days ago: $20.57 Next fiscal year, 7 days ago: $22.17 Next fiscal year, Now: $22.17 $22.17

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $16.75$19.87
60 days ago $16.84$20.25
30 days ago $16.88$20.57
7 days ago $17.69$22.17
Now $17.69$22.17

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $4.08 $4.40 +8.0%
May 2026 $3.12 $3.16 +1.4%
Feb 2026 $2.51 $2.69 +7.2%
Nov 2025 $2.73 $2.85 +4.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 30, 2026
  • Net revenue Fiscal Year 2027 about $44.5bn
    “Net revenue $44.5 billion” source
  • Net revenue First Quarter of Fiscal Year 2027 $10.6bn to $11.4bn
    “Net revenue $10.6 billion to $11.4 billion” source
  • Core diluted earnings per share (Non-GAAP) Fiscal Year 2027 about $17.55 Non-GAAP
    “Core diluted earnings per share (Non-GAAP) $17.55 per diluted share” source
  • U.S. GAAP diluted earnings per share First Quarter of Fiscal Year 2027 $2.78 to $3.18 GAAP
    “U.S. GAAP diluted earnings per share $2.78 to $3.18 per diluted share” source
  • Core diluted earnings per share (Non-GAAP) First Quarter of Fiscal Year 2027 $3.80 to $4.20 Non-GAAP
    “Core diluted earnings per share (Non-GAAP) (1) $3.80 to $4.20 per diluted share” source
  • Core operating margin (Non-GAAP) Fiscal Year 2027 about 6.1% Non-GAAP
    “Core operating margin (Non-GAAP) 6.1%” source
Show 3 more items
  • Adjusted free cash flow (Non-GAAP) Fiscal Year 2027 about $1.6bn Non-GAAP
    “Adjusted free cash flow (Non-GAAP) ~$1.6 billion” source
  • U.S. GAAP operating income First Quarter of Fiscal Year 2027 $481m to $541m GAAP
    “U.S. GAAP operating income $481 million to $541 million” source
  • Core operating income (Non-GAAP) First Quarter of Fiscal Year 2027 $592m to $652m Non-GAAP
    “Core operating income (Non-GAAP) (1) $592 million to $652 million” source

How earlier guidance turned out

  • U.S. GAAP diluted earnings per share, Fourth Quarter of Fiscal Year 2026 guided $3.24 to $3.64 Above range: $3.74
  • U.S. GAAP operating income, Fourth Quarter of Fiscal Year 2026 guided $526m to $586m Above range: $602m
  • Net revenue, Fourth Quarter of Fiscal Year 2026 guided $9.2bn to $10bn Above range: $10.616bn

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Jabil's revenue by +20.3% next year and +11.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+24.8%, weight 54%) , management guidance (+24.0%, weight 20%) and the company's own record (+8.5%, weight 26%) . How the weights are set.

Analyst recommendations

10 analysts, Oct 2026
Buy990%
Hold110%
Sell00%

Monthly trend

  1. Oct 202627110
  2. Sep 202627110
  3. Aug 202627110
  4. Jul 202626210

Counts of recommendations published by analysts covering Jabil, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.1%
of tradable shares
Days to cover
1.73
at average volume
Short interest, 1 month
−4%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.3%
of shares
Employees
140,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +20.7%

$220.64 on October 31, 2025 to $266.35

ThenNowEffect
Revenue (last 12 months) $29.8bn $36.0bn +20.6%
Net margin 2.2% 2.9% +31.5%
P/E multiple 37.2x 27.3x −26.6%
Share count 111m 107m +3.7%

Biggest factor: p/e multiple.

Last 3 years +108.6%

$127.67 on November 3, 2023 to $266.35

ThenNowEffect
Revenue (last 12 months) $34.7bn $36.0bn +3.6%
Net margin 2.4% 2.9% +22.9%
P/E multiple 21.2x 27.3x +28.8%
Share count 136m 107m +27.1%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
JBL+66%−3%+87%+13%+59%+17%
Industry peers (median)+33%+3%+6%+12%+52%−5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
JBL75%50%75%58%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
JBL−11%−29%−18%−37%−33%−31%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 57% from December 17, 2019 to March 20, 2020. Getting back needed a 134% gain, reached on December 17, 2020, 272 days after the low.

Price behaviour

52-week range
$192.34 – $385.55
From 52-week high
−30.9%
vs 50-day average
−10.8%
vs 200-day average
−13.5%
Volatility (1 year)
48%
Beta vs S&P 500
2.22

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±6.7%
After a week
6 up, 6 down
typical move ±8.0%
After a month
6 up, 6 down
typical move ±13.4%
Results releasedNext dayS&P 500 next day5 days21 days
September 30, 2026 −6.0% 0.0% −6.1% −9.7%
June 17, 2026 −1.0% −0.2% −0.2% −18.5%
March 18, 2026 +1.1% −1.6% +8.0% +22.6%
December 17, 2025 +2.1% −0.4% +10.3% +16.1%
September 25, 2025 −4.2% +0.1% −4.3% −5.7%
June 17, 2025 +13.2% −0.9% +18.7% +23.9%
March 20, 2025 +4.1% −0.3% −0.1% −7.0%
December 18, 2024 +4.8% −3.0% +10.2% +26.1%
September 26, 2024 +7.9% +0.3% +5.7% +10.0%
June 20, 2024 −10.3% −0.4% −14.5% −10.2%
March 15, 2024 −15.8% −0.1% −11.0% −10.5%
December 14, 2023 +10.2% +0.2% +6.8% +0.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Jabil’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Includes results

A results date falls inside these options’ life. Implied volatility is meant to be higher for that, so we do not call it rich.

  • Implied is 1.15× the last 60 days’ realised volatility .
  • Puts and calls are priced at about the same implied volatility.
  • Why: an earnings date falls inside the option's life, so implied volatility is expected to be high.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

JBL Jabil Grade B $268.01

Own 100 shares, sell the $330 call expiring December 18, 2026 (46 days) for $4.20 a share — $420 per contract.

Previous session · Bid $4.20, ask $5.20, quoted Mon 2 Nov, 17:27 New York time with JBL at $268.01. Option prices move with the shares: check the live chain at your broker before trading.

  • If JBL ends below $330: you keep your shares and the $420 — 1.6% extra on the position, 12.4% a year at that pace.
  • If it ends above $330: your shares are sold at $330, a total return of 24.7% including the premium — at or above our value of ~$300.
$6.6k $0 −$5.3k Break-even $263.81 Price $268.01 Our value $300
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$420
Annualised
12.4%
Break-even
$263.81
Max gain
$6,619
Chance of selling
~19%

Results are expected around December 16, 2026, before this option expires: the share price can jump on results, and the premium partly reflects that.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Jabil in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Jabil
$25B $30B $35B $40B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $33.5B Revenue (TTM), FY24 Q2: $32.1B Revenue (TTM), FY24 Q3: $30.4B Revenue (TTM), FY24 Q4: $28.9B Revenue (TTM), FY25 Q1: $27.5B Revenue (TTM), FY25 Q2: $27.5B Revenue (TTM), FY25 Q3: $28.5B Revenue (TTM), FY25 Q4: $29.8B Revenue (TTM), FY26 Q1: $31.1B Revenue (TTM), FY26 Q2: $32.7B Revenue (TTM), FY26 Q3: $33.6B Revenue (TTM), FY26 Q4: $36B $36B

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $33.5B
FY24 Q2 $32.1B
FY24 Q3 $30.4B
FY24 Q4 $28.9B
FY25 Q1 $27.5B
FY25 Q2 $27.5B
FY25 Q3 $28.5B
FY25 Q4 $29.8B
FY26 Q1 $31.1B
FY26 Q2 $32.7B
FY26 Q3 $33.6B
FY26 Q4 $36B
Revenue growth, TTM YoY Jabil
-20% -10% 0% 10% 20% 30% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: -3.2% Revenue growth, TTM YoY, FY24 Q2: -8.7% Revenue growth, TTM YoY, FY24 Q3: -13.9% Revenue growth, TTM YoY, FY24 Q4: -16.8% Revenue growth, TTM YoY, FY25 Q1: -17.8% Revenue growth, TTM YoY, FY25 Q2: -14.4% Revenue growth, TTM YoY, FY25 Q3: -6.1% Revenue growth, TTM YoY, FY25 Q4: 3.2% Revenue growth, TTM YoY, FY26 Q1: 13.2% Revenue growth, TTM YoY, FY26 Q2: 19.0% Revenue growth, TTM YoY, FY26 Q3: 17.8% Revenue growth, TTM YoY, FY26 Q4: 20.6% 20.6%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 -3.2%
FY24 Q2 -8.7%
FY24 Q3 -13.9%
FY24 Q4 -16.8%
FY25 Q1 -17.8%
FY25 Q2 -14.4%
FY25 Q3 -6.1%
FY25 Q4 3.2%
FY26 Q1 13.2%
FY26 Q2 19.0%
FY26 Q3 17.8%
FY26 Q4 20.6%
Operating margin (TTM) Jabil
3% 4% 5% 6% 7% 8% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 4.4% Operating margin (TTM), FY24 Q2: 7.0% Operating margin (TTM), FY24 Q3: 7.0% Operating margin (TTM), FY24 Q4: 7.0% Operating margin (TTM), FY25 Q1: 6.9% Operating margin (TTM), FY25 Q2: 3.7% Operating margin (TTM), FY25 Q3: 4.1% Operating margin (TTM), FY25 Q4: 4.0% Operating margin (TTM), FY26 Q1: 4.1% Operating margin (TTM), FY26 Q2: 4.3% Operating margin (TTM), FY26 Q3: 4.3% Operating margin (TTM), FY26 Q4: 4.7% 4.7%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 4.4%
FY24 Q2 7.0%
FY24 Q3 7.0%
FY24 Q4 7.0%
FY25 Q1 6.9%
FY25 Q2 3.7%
FY25 Q3 4.1%
FY25 Q4 4.0%
FY26 Q1 4.1%
FY26 Q2 4.3%
FY26 Q3 4.3%
FY26 Q4 4.7%
FCF margin (TTM) Jabil
2.5% 3% 3.5% 4% 4.5% 5% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 3.0% FCF margin (TTM), FY24 Q2: 2.7% FCF margin (TTM), FY24 Q3: 3.4% FCF margin (TTM), FY24 Q4: 3.2% FCF margin (TTM), FY25 Q1: 3.6% FCF margin (TTM), FY25 Q2: 4.6% FCF margin (TTM), FY25 Q3: 4.1% FCF margin (TTM), FY25 Q4: 3.9% FCF margin (TTM), FY26 Q1: 3.8% FCF margin (TTM), FY26 Q2: 3.9% FCF margin (TTM), FY26 Q3: 3.9% FCF margin (TTM), FY26 Q4: 3.8% 3.8%

Source: SEC EDGAR filings. Retrieved October 24, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 3.0%
FY24 Q2 2.7%
FY24 Q3 3.4%
FY24 Q4 3.2%
FY25 Q1 3.6%
FY25 Q2 4.6%
FY25 Q3 4.1%
FY25 Q4 3.9%
FY26 Q1 3.8%
FY26 Q2 3.9%
FY26 Q3 3.9%
FY26 Q4 3.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Jabil took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $36B
  2. Cost of revenue $32.6B · 90.8%
  3. Gross profit $3.3B · 9.2%
  4. Selling, general and admin $1.2B · 3.4%
  5. Other operating costs $361M · 1.0%
  6. Operating income $1.7B · 4.7%
  7. Income tax $368M · 1.0%
  8. Interest and other $294M · 0.8%
  9. Net income $1B · 2.9%

Shares of revenue. Source: Jabil's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Aug 2010 2011 Aug 2011 2012 Aug 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Aug 2016 2017 Aug 2017 2018 Aug 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Aug 2022 2023 Aug 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 13.4 16.5 16.1 17.2 15.8 17.9 18.4 19.1 22.1 25.3 27.3 29.3 33.5 34.7 28.9 29.8 36.0
Gross profit 1.0 1.3 1.2 1.2 1.0 1.5 1.5 1.5 1.7 1.9 1.9 2.4 2.6 2.9 2.7 2.6 3.3
EBITDA 0.6 0.9 0.9 0.9 0.7 1.1 1.2 1.2 1.3 1.5 1.3 1.9 2.3 2.5 2.7 1.9 2.4
Operating income 0.3 0.6 0.5 0.5 0.2 0.6 0.5 0.4 0.5 0.7 0.5 1.1 1.4 1.5 2.0 1.2 1.7
Net income 0.2 0.4 0.4 0.4 0.2 0.3 0.3 0.1 0.1 0.3 0.1 0.7 1.0 0.8 1.4 0.7 1.0
Diluted EPS $0.78 $1.73 $1.87 $1.79 $1.19 $1.45 $1.32 $0.69 $0.49 $1.81 $0.35 $4.58 $6.90 $6.02 $11.17 $5.92 $9.75
Growth (year on year)
Revenue +14.8% +23.2% −2.3% +6.9% −8.6% +13.6% +2.5% +3.9% +15.9% +14.4% +7.8% +7.4% +14.3% +3.7% −16.8% +3.2% +20.6%
EBITDA — +47.0% +0.6% −3.6% −20.6% +56.9% +12.4% −4.0% +12.4% +11.9% −12.1% +49.1% +20.0% +6.2% +10.1% −31.5% +28.5%
Operating income — +76.7% −5.0% −17.7% −54.9% — −5.9% −21.5% +32.2% +29.3% −28.7% — +32.0% +10.3% +31.0% −41.3% +44.2%
Net income — — +3.6% −5.9% −35.0% — — — — — — — +43.1% −17.9% +69.7% −52.7% +58.6%
Diluted EPS — — +8.1% −4.3% −33.5% — — — — — — — +50.7% −12.8% +85.5% −47.0% +64.7%
Margins
Gross margin 7.5% 7.6% 7.2% 7.0% 6.5% 8.4% 8.3% 8.1% 7.7% 7.6% 7.1% 8.1% 7.9% 8.3% 9.3% 8.9% 9.2%
EBITDA margin 4.6% 5.4% 5.6% 5.0% 4.4% 6.1% 6.6% 6.1% 6.0% 5.8% 4.7% 6.6% 6.9% 7.1% 9.4% 6.2% 6.6%
Operating margin 2.4% 3.5% 3.4% 2.6% 1.3% 3.1% 2.8% 2.2% 2.5% 2.8% 1.8% 3.6% 4.2% 4.4% 7.0% 4.0% 4.7%
Net margin 1.3% 2.3% 2.4% 2.2% 1.5% 1.6% 1.4% 0.7% 0.4% 1.1% 0.2% 2.4% 3.0% 2.4% 4.8% 2.2% 2.9%
Free-cash-flow margin 0.2% 2.2% 0.8% 2.8% −0.8% 1.5% −0.0% −11.4% −9.7% 0.7% 1.0% 0.9% 0.8% 2.0% 3.2% 3.9% 3.8%
Cash flow
Cash from operations 0.4 0.8 0.6 1.2 0.5 1.2 0.9 −1.5 −1.1 1.2 1.3 1.4 1.7 1.7 1.7 1.6 2.0
Capital spending 0.4 0.5 0.5 0.7 0.6 1.0 0.9 0.7 1.0 1.0 1.0 1.2 1.4 1.0 0.8 0.5 0.6
Free cash flow 0.0 0.4 0.1 0.5 −0.1 0.3 −0.0 −2.2 −2.1 0.2 0.3 0.3 0.3 0.7 0.9 1.2 1.4
Stock-based pay 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow after stock pay −0.1 0.3 0.1 0.4 −0.1 0.2 −0.1 −2.2 −2.2 0.1 0.2 0.2 0.2 0.6 0.8 1.1 1.2
Balance sheet
Cash 0.7 0.9 1.2 1.0 1.0 0.9 0.9 1.2 1.3 1.2 1.4 1.6 1.5 1.8 2.2 1.9 1.7
Total debt 1.2 1.2 1.7 1.9 1.7 1.7 2.1 2.1 2.5 2.5 2.7 2.9 2.9 2.9 2.9 2.9 3.4
Net debt (negative = net cash) 0.4 0.3 0.5 0.9 0.7 0.7 1.2 0.9 1.3 1.3 1.3 1.3 1.4 1.1 0.7 1.0 1.6
Diluted shares 218m 221m 211m 208m 202m 196m 193m 186m 175m 159m 155m 152m 144m 136m 124m 111m 107m
Returned to shareholders
Dividends 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0
Buybacks — 0.2 0.1 0.1 0.3 0.1 0.1 0.3 0.5 0.4 0.2 0.4 0.7 0.5 2.5 1.0 1.1
Total returned 0.1 0.3 0.1 0.2 0.3 0.1 0.2 0.4 0.5 0.4 0.3 0.5 0.7 0.5 2.5 1.0 1.1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · August 31, 2026
What it owns · $27.4bn
Short-term assets $21.5bnLonger-term assets $5.9bn
What it owes, and who funded it · $27.4bn
Short-term liabilities $21.7bnLonger-term liabilities $4.1bnShareholders' equity $1.6bn
  • Short-term assets cover short-term liabilities $21.5bn of assets due within a year against $21.7bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $21.5bn short-term assets against $4.1bn of longer-dated liabilities.
  • More cash than debt $1.7bn of cash against $3.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 209% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 102% to 209% over five years.
  • A year's operating cash flow covers at least 20% of debt $2.0bn of operating cash flow against $3.4bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Jabil's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$1.1B
Dividends (TTM)
$35M
Returned to shareholders
80%
of free cash flow
Buybacks, last 3 fiscal years
$4.6B
Diluted share count
−3.6%
year over year
Total shareholder yield
3.9%
dividends 0.1% + buybacks 3.8% of market value
Dividend payout ratio
3%
of net income paid out
R&D spending
0.1%
of revenue
Sales & admin spending
3.4%
of revenue

Competitors: side by side with peers

Closest by revenue in electronic manufacturing services
Last 12 months unless stated JBL FLEX TEL CLS SANM FN Median
Revenue, last 12 months $36.0bn $31.0bn $19.3bn $18.2bn $12.8bn $4.6bn $4.3bn
Revenue growth, last 12 months 20.6% 17.5% 16.5% 61.6% 58.6% 35.7% 14.7%
Revenue growth, 3-year average 1.2% 3.3% 5.7% — 11.9% 20.6% 1.2%
Revenue growth, latest quarter 28.6% 24.8% 13.8% 82.5% 69.7% 44.6% 24.8%
Gross margin 9.2% 9.5% 36.1% 11.5% 9.0% 12.0% 10.9%
Operating margin 4.7% 5.1% 19.7% 8.3% 4.2% 10.0% 4.7%
Operating margin, 3-year average 5.2% 4.4% 18.4% — 4.4% 9.7% 4.4%
Net margin 2.9% 3.4% 15.6% 6.8% 2.4% 10.2% 3.1%
Cash from operations / revenue 5.6% 5.2% 22.9% 7.7% 7.1% 5.5% 5.5%
Free-cash-flow margin 3.8% 2.5% 17.2% 3.0% 4.7% 0.1% 2.8%
Free-cash-flow margin, 3-year average 3.7% 3.9% 17.7% — 4.1% 6.3% 4.1%
Stock pay / revenue 0.4% 0.5% 0.9% 0.5% 0.7% 0.7% 0.5%
Change in share count −3.6% −2.9% −1.8% 0.8% −0.7% −0.0% −0.8%

Median of all 12 companies we cover in electronic manufacturing services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 electronic manufacturing services companies
Measure Company Peer median Rank
Revenue growth Growth 20.6% 16.5% 4 of 12
Change in growth rate Growth +2.8pp +4.0pp 7 of 12
Gross margin Profitability 9.2% 11.4% 9 of 12
Operating margin Profitability 4.7% 4.7% 6 of 12
Net margin Profitability 2.9% 3.4% 7 of 12
Free-cash-flow margin Cash generation 3.8% 3.0% 5 of 12
Stock pay as % of revenue Cash generation 0.4% 0.6% 2 of 11
Long-term debt as % of assets Balance sheet 10.5% 10.6% 4 of 9
Change in share count Balance sheet -3.6% -0.7% 1 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to August 31, 2026
Geography
Region Revenue Share YoY
Outside the US $26.3B 73.1% ▲ 17.5%
Other Countries $10.6B 40.4% ▲ 20.3%
Mexico $7.2B 27.4% ▲ 26.6%
Malaysia $4.4B 16.7% ▲ 20.1%
China $4.1B 15.5% ▼ 2.7%
United States $9.7B 26.9% ▲ 30.0%

From Jabil's 10-K filed October 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$39.2B
Institutions reporting
1,114
Shares held vs prior quarter
▲ 2.8%
Positions opened / closed
221 / 76

Top buyers and sellers, Q2 2026: 603 institutions bought and 451 sold ; the biggest buyer was UBS Group AG (+1.3M shares) and the biggest seller Boston Partners (−545K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $3.9B 10.1M 10.0% ▲ 4.7%
Vanguard Capital Management LLC $2.7B 6.9M 6.8% ▲ 3.0%
Texas Yale Capital Corp. $2.4B 6.3M 6.2% 0.0%
Vanguard Portfolio Management LLC $2.1B 5.4M 5.3% ▲ 1.5%
State Street Corp $1.9B 4.9M 4.8% ▼ 0.1%
Wellington Management Group LLP $1.7B 4.3M 4.2% ▼ 4.9%
Primecap Management Co $1.2B 3.2M 3.1% ▼ 3.5%
UBS Group AG $1.2B 3.0M 3.0% ▲ 79.4%
Geode Capital Management, LLC $1.1B 3.0M 2.9% ▲ 3.1%
Jpmorgan Chase & Co $1B 2.7M 2.6% ▲ 52.0%
FMR LLC $862M 2.2M 2.2% ▼ 8.5%
Morgan Stanley $812M 2.1M 2.1% ▲ 12.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Jabil's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $149,815 1 trade by 1 insider, last 12 months Insider sales History → $62.4M 85 trades by 11 insiders · 29% under pre-set plans
Net ▼ $62.3M net selling
Insider Date Trade Shares Price Value
Crowley Matthew EVP, Global Business Units October 28, 2026 Sell 3,922 $290.00 $1.1M
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 357 $275.79 $98,457
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 284 $276.77 $78,603
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 148 $280.43 $41,504
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 117 $278.95 $32,637
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 48 $278.06 $13,347
Schick Gary K. SVP, CHRO October 20, 2026 Sell pre-set plan 46 $274.20 $12,613
Tyagarajan N. V. Director July 17, 2026 Buy 500 $299.63 $149,815
Schick Gary K. SVP, CHRO July 15, 2026 Sell pre-set plan 232 $320.59 $74,377
Schick Gary K. SVP, CHRO July 15, 2026 Sell pre-set plan 209 $317.88 $66,437
Schick Gary K. SVP, CHRO July 15, 2026 Sell pre-set plan 135 $319.11 $43,080
Schick Gary K. SVP, CHRO July 15, 2026 Sell pre-set plan 115 $315.05 $36,231

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Jabil disclosed in the last 12 months; 3 earlier trades on record.

  • Josh Gottheimer(D-NJ 5):Sale (full), $1,001 - $15,000, traded August 2, 2024, filed September 11, 2024
  • Josh Gottheimer(D-NJ 5):Purchase, $1,001 - $15,000, traded October 9, 2023, filed November 11, 2023
  • Peter Meijer(R-MI 3):Sale (full), $1,001 - $15,000, traded February 16, 2021, filed March 16, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around December 16, 2026 estimated from the company's past filing pattern, not announced

  • September 30, 2026
  • June 17, 2026
  • March 18, 2026
  • December 17, 2025
  • September 25, 2025
  • June 17, 2025

Recent SEC filings

Data status

When each part of this page on Jabil was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Jabil in brief

What does Jabil do?
Jabil is a US-listed company in the electronic manufacturing services industry. Its financial year ends in August.
What is Jabil's stock ticker?
Jabil trades under the ticker JBL on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Jabil's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Jabil reported revenue of $36B, 20.6% higher than a year earlier, according to its SEC filings.
What is Jabil's free cash flow?
Jabil's free-cash-flow margin is 3.8% of revenue over the trailing twelve months, ranking 5 of the 12 electronic manufacturing services companies we cover.
What is Jabil's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Jabil's free cash flow after stock-based pay gives ~$300 per share in the base case, and ~$220–$400 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Jabil's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Texas Yale Capital Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Jabil buying back stock, and does it pay a dividend?
Jabil spent $1.1B on share repurchases over the trailing twelve months, and its diluted share count fell 3.6% over the year.
What is Jabil's market cap?
On August 31, 2026, Jabil's market capitalisation was about $32.6B, with a price-to-earnings ratio of 31.3 and net debt of $1.6B. Market figures come from third-party market data and may be delayed.
Does Jabil pay a dividend?
Yes: Jabil paid $35M in dividends over the trailing twelve months, a dividend yield of 0.13% and a payout ratio of 3.4%.
How much debt does Jabil have?
Jabil's debt-to-equity ratio is 209.5%, from its latest balance sheet (101.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are Jabil's competitors?
In our Electronic Manufacturing Services peer group, the companies closest to Jabil are Flex Ltd., TE Connectivity, Celestica Inc, Sanmina Corp and Fabrinet. The side-by-side comparison below sets their revenue, margins and growth against Jabil's.
Are insiders buying or selling Jabil stock?
Over the last 12 months, Jabil's directors and officers reported 1 open-market purchases and 85 sales on Form 4. The insider trading page charts every trade.
When is Jabil's next earnings date?
Around December 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Jabil announces its own schedule.