NYSE: JBL
Jabil
Technology · Printed Circuit Boards
52-week range
Stock price
Market cap
At each fiscal year end: closing price × shares outstanding.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.$31.4B
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| Period | Market cap |
|---|---|
| FY2017, ended Aug 31, 2017 | $5.54B |
| FY2018, ended Aug 31, 2018 | $4.79B |
| FY2019, ended Aug 31, 2019 | $4.40B |
| FY2020, ended Aug 31, 2020 | $5.11B |
| FY2021, ended Aug 31, 2021 | $8.86B |
| FY2022, ended Aug 31, 2022 | $8.12B |
| FY2023, ended Aug 31, 2023 | $14.6B |
| FY2024, ended Aug 31, 2024 | $12.3B |
| FY2025, ended Aug 31, 2025 | $21.9B |
| FY2026, ended Aug 31, 2026 | $31.4B |
Revenue
By fiscal year.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.$36.0B
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| Period | Revenue |
|---|---|
| FY2017, ended Aug 31, 2017 | $19.1B |
| FY2018, ended Aug 31, 2018 | $22.1B |
| FY2019, ended Aug 31, 2019 | $25.3B |
| FY2020, ended Aug 31, 2020 | $27.3B |
| FY2021, ended Aug 31, 2021 | $29.3B |
| FY2022, ended Aug 31, 2022 | $33.5B |
| FY2023, ended Aug 31, 2023 | $34.7B |
| FY2024, ended Aug 31, 2024 | $28.9B |
| FY2025, ended Aug 31, 2025 | $29.8B |
| FY2026, ended Aug 31, 2026 | $36.0B |
Net income and free cash flow
By fiscal year. Free cash flow is operating cash flow minus capex.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Aug 31, 2017 | $129M | −$2.18B |
| FY2018, ended Aug 31, 2018 | $86.3M | −$2.14B |
| FY2019, ended Aug 31, 2019 | $287M | $188M |
| FY2020, ended Aug 31, 2020 | $54.0M | $274M |
| FY2021, ended Aug 31, 2021 | $696M | $274M |
| FY2022, ended Aug 31, 2022 | $996M | $266M |
| FY2023, ended Aug 31, 2023 | $818M | $704M |
| FY2024, ended Aug 31, 2024 | $1.39B | $932M |
| FY2025, ended Aug 31, 2025 | $657M | $1.17B |
| FY2026, ended Aug 31, 2026 | $1.04B | $1.37B |
Cash and cash equivalents
At each fiscal year end.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.$1.74B
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| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Aug 31, 2017 | $1.19B |
| FY2018, ended Aug 31, 2018 | $1.26B |
| FY2019, ended Aug 31, 2019 | $1.16B |
| FY2020, ended Aug 31, 2020 | $1.39B |
| FY2021, ended Aug 31, 2021 | $1.57B |
| FY2022, ended Aug 31, 2022 | $1.48B |
| FY2023, ended Aug 31, 2023 | $1.80B |
| FY2024, ended Aug 31, 2024 | $2.20B |
| FY2025, ended Aug 31, 2025 | $1.93B |
| FY2026, ended Aug 31, 2026 | $1.74B |
Total debt
At each fiscal year end. Short- and long-term borrowings, excluding leases.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.$3.38B
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| Period | Total debt |
|---|---|
| FY2017, ended Aug 31, 2017 | $2.05B |
| FY2018, ended Aug 31, 2018 | $2.52B |
| FY2019, ended Aug 31, 2019 | $2.50B |
| FY2020, ended Aug 31, 2020 | $2.73B |
| FY2021, ended Aug 31, 2021 | $2.88B |
| FY2022, ended Aug 31, 2022 | $2.88B |
| FY2023, ended Aug 31, 2023 | $2.88B |
| FY2024, ended Aug 31, 2024 | $2.88B |
| FY2025, ended Aug 31, 2025 | $2.88B |
| FY2026, ended Aug 31, 2026 | $3.38B |
Shares outstanding
At each fiscal year end, adjusted for splits. Down 41.7% since 2017.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.103M
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| Period | Shares outstanding |
|---|---|
| FY2017, ended Aug 31, 2017 | 177M |
| FY2018, ended Aug 31, 2018 | 162M |
| FY2019, ended Aug 31, 2019 | 153M |
| FY2020, ended Aug 31, 2020 | 150M |
| FY2021, ended Aug 31, 2021 | 143M |
| FY2022, ended Aug 31, 2022 | 135M |
| FY2023, ended Aug 31, 2023 | 128M |
| FY2024, ended Aug 31, 2024 | 113M |
| FY2025, ended Aug 31, 2025 | 107M |
| FY2026, ended Aug 31, 2026 | 103M |
Buybacks and new shares
By fiscal year, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for FY2026, ended Aug 31, 2026. Hover or tap a column for another year.Net: $920M more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2017, ended Aug 31, 2017 | $307M | $48.5M |
| FY2018, ended Aug 31, 2018 | $450M | $98.5M |
| FY2019, ended Aug 31, 2019 | $350M | $61.0M |
| FY2020, ended Aug 31, 2020 | $215M | $83.0M |
| FY2021, ended Aug 31, 2021 | $428M | $102M |
| FY2022, ended Aug 31, 2022 | $696M | $81.0M |
| FY2023, ended Aug 31, 2023 | $487M | $95.0M |
| FY2024, ended Aug 31, 2024 | $2.50B | $89.0M |
| FY2025, ended Aug 31, 2025 | $1.00B | $107M |
| FY2026, ended Aug 31, 2026 | $1.06B | $140M |
Revenue (TTM)
$36.0B
+20.6% YoY
Net income (TTM)
$1.04B
+58.6% YoY
Cash
$1.74B
−10.0% YoY
Total debt
$3.38B
+17.1% YoY
Valuation
At current price- Market Cap
- $28.1B
- P/E
- 27.0×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 0.8×
- Price / Book
- 17.4×
- EV / EBITDA
- 12.5×
Growth
Trailing 12 months- Revenue (TTM)
- $36.0B
- Revenue Growth YoY
- 20.6%
- Revenue CAGR 3Y
- 1.2%
- Revenue CAGR 5Y
- 4.2%
- EPS Growth YoY
- 64.7%
- Net Income Growth YoY
- 58.6%
Profitability
Trailing 12 months- Gross Margin
- 9.2%
- Operating Margin
- 4.7%
- Net Margin
- 2.9%
- FCF Margin
- 3.8%
- Return on Equity
- 66.7%
Earnings
Trailing 12 months- Net Income
- $1.04B
- EPS (diluted)
- $9.75
- EBITDA
- $2.38B
- Operating Income
- $1.70B
Balance Sheet
As of Aug 31, 2026- Cash and cash equivalents
- $1.74B
- Total Debt
- $3.38B
- Net Debt
- $1.64B
- Total Assets
- $27.4B
- Total Liabilities
- $25.8B
- Shareholders' Equity
- $1.61B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $2.00B
- Capital Expenditure
- $628M
- Free Cash Flow
- $1.37B
Dividends and risk
Last 12 months- Dividend Yield
- 0.1%
- Dividend / Share
- $0.32
- Beta (5Y)
- 1.29
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 20.6% year over year, at $36.0B.
Note
Net margin of 2.9% over the last 12 months.
Note
Net debt of $1.64B is 0.7× EBITDA, a manageable load.
Note
Free cash flow of $1.37B, 3.8% of revenue.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Aug 31, 2026 · filed Oct 23, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K43Serious concerns
10-K for the fiscal year ended Aug 31, 2025
Filed Oct 17, 2025 · Read the filing on EDGAR
- Revenue rose 3.2% to $29.8 billion, but operating income fell 41% and net income fell 53%, because last year included a $942 million one-time gain.
- Excluding one-time items, core operating income rose 2% to $1.62 billion, and adjusted free cash flow rose to $1.32 billion.
- Intelligent Infrastructure, which includes AI and cloud work, grew 34% to become the largest segment at 41% of revenue.
- Jabil sold its Italian operations at a $97 million loss, bought two businesses, and bought back $1 billion of stock.
Business momentum
Sharp deterioration
“During the fiscal year ended August 31, 2024, we completed the divestiture of the Mobility Business and recorded a pre-tax gain of $942 million.”
Outlook
Neutral
“For Fiscal Year 2026, we anticipate our net capital expenditures to be in the range of 1.5% to 2.0% of net revenue.”
Financial stress
Low
“As of August 31, 2025, we had $4.0 billion in available unused borrowing capacity under our existing revolving credit facilities, of which $3.2 billion was available under the Revolving Credit Facility.”
Tone against the previous report
More positive
Red flags
- Minor
Other
“Charges recorded during the fiscal year ended August 31, 2025, relate primarily to a pre-tax loss of $97 million recognized for the divestiture of our operations in Italy.”
- Minor
Large write-down
“Loss on securities during the fiscal year ended August 31, 2025, relates to an impairment of an investment in Preferred Stock.”
Positives
AI and cloud-related segment grew strongly
“Specifically, the Intelligent Infrastructure segment net revenue increased 34% primarily due to: (i) a 30% increase in revenues from existing customers within our cloud and data center infrastructure business”
Adjusted free cash flow increased to $1.32 billion
“Adjusted free cash flow (Non-GAAP) $ 1,318 $ 1,055 $ 1,026”
Core operating income, excluding one-time items, rose slightly
“Core operating income (Non-GAAP) $ 1,620 $ 1,588 $ 1,733”
Concerns
Gross margin slipped because of product mix
“Gross profit as a percentage of net revenue decreased for the fiscal year ended August 31, 2025, compared to the fiscal year ended August 31, 2024, primarily due to product mix in our Connected Living and Digital Commerce and Intelligent Infrastructure segments.”
Greater use of selling customer invoices for early cash
“The outstanding balance of receivables sold and not yet collected on accounts where we have continuing involvement was approximately $927 million and $367 million as of August 31, 2025, and 2024, respectively.”
Revenue fell in the two other segments
“The Connected Living and Digital Commerce segment net revenue decreased 25% due to a 27% decrease in revenues primarily driven by the divestiture of the Mobility Business within our connected living business.”
New risks since the previous report
US tariffs introduced in 2025 could hurt customer demand and profit if costs cannot be passed on
“If we are unable to fully pass on these costs, our operating results and cash flows could be adversely impacted.”
Cloud customers follow different demand cycles, making revenue patterns and working capital harder to manage
“For example, cloud-based service providers are cyclically different from our traditional customers, creating changes to our historical revenue patterns and increasing the complexity of the management of our working capital requirements.”
AI tools could worsen cybersecurity risks and expose confidential information
“The increased use of artificial intelligence (“AI”) technologies in our services and operations may exacerbate these risks.”
Biggest risks named
- Dependence on a small number of large customers
- Customers cancelling or changing orders without long-term commitments
- Tariffs, trade disputes and reliance on operations in China
- Component shortages and rising supplier prices
- Keeping pace with technology change and strong competition
Artificial intelligence in this business: Material to the business
How the score adds up
| Starting point | 60 | |
| Business momentum | −15 | |
| Outlook | 0 | |
| Tone against the previous report | +2 | |
| Financial stress | 0 | |
| Red flags | −2.4 | |
| New risks | −1.5 | |
| Score | 43 | |
Written by AI (Claude Opus 5.5) from the report’s text. 14 of 14 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Oct 23, 2026 | Pro | |||
| 10-K | Oct 17, 2025 | 43 | Sharp deterioration | 2 minor | |
| 10-K | Oct 28, 2024 | 56 | Mixed | None | |
| 10-K | Oct 20, 2023 | 53 | Mixed | 1 medium | |
| 10-K | Oct 25, 2022 | 70 | Strong improvement | None | |
| 10-K | Oct 22, 2021 | 73 | Strong improvement | None | |
| 10-K | Oct 22, 2020 | 38 | Sharp deterioration | 1 minor | |
| 10-K | Oct 22, 2019 | 66 | Strong improvement | 1 medium1 minor | |
| 10-K | Oct 19, 2018 | 59 | Mixed | 1 minor | |
| 10-K | Oct 19, 2017 | 43 | Sharp deterioration | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-K for FY2026 (period ended Aug 31, 2026), filed Oct 23, 2026. View filings on SEC EDGAR