Tearsheet

Jabil (JBL)


Market Price (12/25/2025): $234.49 | Market Cap: $25.2 Bil
Sector: Information Technology | Industry: Electronic Manufacturing Services

Jabil (JBL)


Market Price (12/25/2025): $234.49
Market Cap: $25.2 Bil
Sector: Information Technology
Industry: Electronic Manufacturing Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Low stock price volatility
Vol 12M is 40%
Trading close to highs
Dist 52W High is -0.2%, Dist 3Y High is -0.2%
Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.3%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, Show more.
  Key risks
JBL key risks include [1] significant customer concentration, Show more.
0 Low stock price volatility
Vol 12M is 40%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, Show more.
2 Trading close to highs
Dist 52W High is -0.2%, Dist 3Y High is -0.2%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.3%
4 Key risks
JBL key risks include [1] significant customer concentration, Show more.

Valuation, Metrics & Events

JBL Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining the approximate 14.5% movement in Jabil's (JBL) stock from August 31, 2025, to December 25, 2025: **1. Strong Q1 Fiscal Year 2026 Earnings and Raised Guidance**

Jabil reported better-than-expected results for its first quarter of fiscal year 2026 on December 17, 2025, with non-GAAP EPS jumping approximately 42.5% year-over-year to $2.85 and revenue growing around 19% to $8.31 billion, both surpassing analyst estimates. Following this "double beat," the company raised its outlook for fiscal year 2026, forecasting net revenue of approximately $32.4 billion and non-GAAP EPS of about $11.55, which also exceeded consensus estimates. This positive financial performance and optimistic future outlook contributed significantly to the stock's upward movement. **2. Robust AI-Driven Demand in Intelligent Infrastructure Segment**

A primary driver of Jabil's strong performance was accelerating demand in its Intelligent Infrastructure segment, particularly in cloud, data center infrastructure, networking, and capital equipment, fueled by artificial intelligence. The company's CEO, Mike Dastoor, highlighted this segment as a major growth engine. This focus on high-growth, AI-related markets helped offset softer conditions in other sectors and demonstrated Jabil's successful strategic repositioning. **3. Positive Analyst Sentiment and Price Target Increases**

Throughout the period, multiple investment analysts raised their price targets and maintained or upgraded their ratings for Jabil, reflecting strong confidence in the company's growth potential. For example, between September and December 2025, firms like Barclays, Bank of America Securities, and J.P. Morgan increased their price targets, with one-year targets reaching up to $283.00. This widespread positive analyst coverage signaled a bullish outlook to investors. **4. Strategic Acquisition of Hanley Energy Group**

On November 4, 2025, Jabil announced its definitive agreement to acquire Hanley Energy Group. This acquisition is expected to enhance Jabil's offerings in thermal management and modular power systems for data centers, further strengthening its position in the rapidly expanding AI infrastructure market. This strategic move aligns with Jabil's focus on higher-margin, specialized sectors and contributes to future growth expectations. **5. Significant Increase in Institutional Investment**

Neuberger Berman Group LLC notably boosted its stake in Jabil by 207.6% in the second quarter of fiscal year 2025, owning shares valued at about $10.21 million, and institutional investors collectively hold approximately 93.39% of the company. While the increase in stake occurred in Q2, the news of significant institutional confidence would have been a contributing factor to positive sentiment during the specified period. Show more

Stock Movement Drivers

Fundamental Drivers

The 4.1% change in JBL stock from 9/24/2025 to 12/24/2025 was primarily driven by a 8.9% change in the company's Net Income Margin (%).
924202512242025Change
Stock Price ($)225.19234.494.13%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)28514.0029802.004.52%
Net Income Margin (%)2.02%2.20%8.94%
P/E Multiple42.1538.33-9.06%
Shares Outstanding (Mil)108.00107.400.56%
Cumulative Contribution4.13%

LTM = Last Twelve Months as of date shown

Market Drivers

9/24/2025 to 12/24/2025
ReturnCorrelation
JBL4.1% 
Market (SPY)4.4%58.0%
Sector (XLK)5.1%62.2%

Fundamental Drivers

The 9.3% change in JBL stock from 6/25/2025 to 12/24/2025 was primarily driven by a 25.0% change in the company's Net Income Margin (%).
625202512242025Change
Stock Price ($)214.50234.499.32%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)27451.0029802.008.56%
Net Income Margin (%)1.76%2.20%25.04%
P/E Multiple48.7538.33-21.37%
Shares Outstanding (Mil)110.00107.402.36%
Cumulative Contribution9.26%

LTM = Last Twelve Months as of date shown

Market Drivers

6/25/2025 to 12/24/2025
ReturnCorrelation
JBL9.3% 
Market (SPY)14.0%56.3%
Sector (XLK)17.5%62.8%

Fundamental Drivers

The 59.0% change in JBL stock from 12/24/2024 to 12/24/2025 was primarily driven by a 213.9% change in the company's P/E Multiple.
1224202412242025Change
Stock Price ($)147.52234.4958.96%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)28883.0029802.003.18%
Net Income Margin (%)4.81%2.20%-54.13%
P/E Multiple12.2138.33213.90%
Shares Outstanding (Mil)114.90107.406.53%
Cumulative Contribution58.28%

LTM = Last Twelve Months as of date shown

Market Drivers

12/24/2024 to 12/24/2025
ReturnCorrelation
JBL59.0% 
Market (SPY)15.8%70.4%
Sector (XLK)22.2%75.4%

Fundamental Drivers

The 242.4% change in JBL stock from 12/25/2022 to 12/24/2025 was primarily driven by a 306.9% change in the company's P/E Multiple.
1225202212242025Change
Stock Price ($)68.48234.49242.42%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)33478.0029802.00-10.98%
Net Income Margin (%)2.98%2.20%-25.90%
P/E Multiple9.4238.33306.95%
Shares Outstanding (Mil)137.00107.4021.61%
Cumulative Contribution226.44%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2023 to 12/24/2025
ReturnCorrelation
JBL84.2% 
Market (SPY)48.9%59.8%
Sector (XLK)54.1%63.0%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
JBL Return4%66%-3%87%13%64%485%
Peers Return3%19%13%41%89%79%562%
S&P 500 Return16%27%-19%24%23%18%115%

Monthly Win Rates [3]
JBL Win Rate58%75%50%75%58%67% 
Peers Win Rate57%53%55%58%63%57% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
JBL Max Drawdown-55%-3%-28%-4%-23%-19% 
Peers Max Drawdown-55%-9%-21%-15%-7%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: FLEX, CLS, SANM, PLXS, BHE. See JBL Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)

How Low Can It Go

Unique KeyEventJBLS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-29.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven41.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven148 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-57.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven133.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven272 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-31.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven45.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven193 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-88.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven774.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,929 days1,480 days

Compare to FLEX, SMTC, PLXS, KE, OSS

In The Past

Jabil's stock fell -29.4% during the 2022 Inflation Shock from a high on 12/29/2021. A -29.4% loss requires a 41.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Jabil (JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides electronic design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Jabil:

  • TSMC for physical products: Like TSMC manufactures chips designed by other companies, Jabil designs, engineers, and manufactures a vast array of physical products for brands across many industries.
  • AWS for the physical world's manufacturing: Similar to how Amazon Web Services provides the foundational infrastructure for countless digital products, Jabil offers the manufacturing and supply chain backbone for a wide range of physical goods.
  • A more diversified Foxconn: While Foxconn is known primarily for consumer electronics, Jabil provides similar contract manufacturing and design services for a much broader spectrum of high-tech industries, including healthcare, automotive, cloud, and industrial.

AI Analysis | Feedback

Jabil (JBL) provides a comprehensive range of manufacturing, design, and supply chain services to various industries. Its major service categories include:
  • Product Design & Engineering Services: Jabil offers end-to-end design, development, and validation services for electronic and mechanical products, helping customers bring their innovations to market.
  • Contract Manufacturing & Assembly: The company provides high-volume production, assembly, and testing of complex electronic systems and components for a diverse range of global industries.
  • Global Supply Chain Management: Jabil delivers comprehensive supply chain solutions, encompassing sourcing, procurement, inventory management, and worldwide logistics for its clients.
  • Aftermarket & Lifecycle Services: The company extends product value through post-production support, including repairs, refurbishment, and spare parts management, ensuring long-term product sustainability.

AI Analysis | Feedback

Jabil (symbol: JBL) is a global manufacturing services company that primarily sells its services and products to other companies (B2B). Its business model involves providing comprehensive design, manufacturing, supply chain, and product management services across various industries.

Jabil's major customers include, but are not limited to, the following public companies:

  • Apple Inc. (symbol: AAPL) - A long-standing and extremely significant customer, particularly for enclosures and other components. Sales to Apple represented 18% of Jabil's net revenue in fiscal year 2023.
  • Amazon.com, Inc. (symbol: AMZN) - Jabil is known for collaborating on various consumer electronics devices (e.g., Kindle, Echo) and cloud infrastructure components.
  • Cisco Systems, Inc. (symbol: CSCO) - A key customer in the networking and communications sector, leveraging Jabil's capabilities for enterprise and data center equipment.
  • HP Inc. (symbol: HPQ) - Partnering on computing, printing, and other technology products.
  • Johnson & Johnson (symbol: JNJ) - A significant customer within Jabil's healthcare division, focusing on medical devices and life sciences solutions.
  • Tesla, Inc. (symbol: TSLA) - Jabil provides manufacturing solutions for various automotive electronics and components.

AI Analysis | Feedback

null

AI Analysis | Feedback

Michael Dastoor, Chief Executive Officer

Michael Dastoor was appointed Chief Executive Officer of Jabil in May 2024 and joined the Board of Directors in September 2024. He has been with Jabil for over two decades, initially joining in 2000 as Regional Controller for Asia Pacific. Throughout his tenure at Jabil, he held various leadership roles, including Controller from 2004 to 2010, Senior Vice President, Controller from 2010 to 2018, and Chief Financial Officer from 2018 until April 2024. Before joining Jabil, Mr. Dastoor served as a Regional Financial Controller for Inchcape PLC, starting in 1993. He holds a degree in Finance and Accounting from the University of Bombay (now Mumbai) and is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales. Mr. Dastoor also serves as an independent director on the Board of Directors for Columbus McKinnon Corporation, a position he assumed in May 2021.

Gregory Hebard, Chief Financial Officer

Gregory Hebard was named Chief Financial Officer of Jabil in May 2024. He joined Jabil in 2009 and has held positions of increasing responsibility within the finance function. His previous roles include Vice President, Financial Planning & Analysis from 2013 to 2017, and Senior Vice President, CFO Green Point from 2017 to 2021. Most recently, he served as Senior Vice President, Treasurer since 2021 until his appointment as CFO. Mr. Hebard holds a master's degree in business from DePaul University and a bachelor's degree in finance from the University of Iowa.

Mark Mondello, Executive Chairman of the Board

Mark Mondello was appointed Executive Chairman of Jabil's Board of Directors effective November 1, 2021. He previously served as Jabil's Chief Executive Officer from 2013 to 2023. Mr. Mondello's career at Jabil began in 1992 as a manufacturing supervisor. He steadily rose through the ranks, becoming a project manager in 1993, Vice President of Business Development in 1997, Senior Vice President of Business Development in 1999, and Chief Operating Officer in 2002. Prior to joining Jabil, Mr. Mondello worked as a commercial and defense-related aerospace project manager for Moog, Inc. He earned a Bachelor of Science degree in Mechanical Engineering from the University of South Florida.

Fred McCoy, Executive Vice President, Operations

Fred McCoy serves as Executive Vice President, Operations at Jabil. He joined Jabil in 2001 and has accumulated over two decades of experience with the company, holding various positions of increasing responsibility. His previous roles include Senior Vice President, Global Business Units from 2017, and Executive Vice President & Chief Executive Officer, Electronics Manufacturing Services from 2021.

Steve Borges, Executive Vice President, Global Business Units

Steve Borges is an Executive Vice President, Global Business Units at Jabil. He joined Jabil in 1993 and possesses extensive global experience in numerous areas, including operations, business development, manufacturing operations, and supply chain management. He previously served as Executive Vice President & Chief Executive Officer, Diversified Manufacturing from July 2022, and Executive Vice President & Chief Executive Officer, Regulated Industries from 2020. From September 2015, he was Executive Vice President & Chief Executive Officer, Healthcare. Mr. Borges returned to Jabil after a previously announced retirement to assume his current role.

AI Analysis | Feedback

The key risks to Jabil's business include customer concentration, supply chain volatility, and intense market competition.

  1. Customer Concentration: Jabil relies on a limited number of key customers for a significant portion of its revenue. In 2024, the five largest customers accounted for approximately 36% of its net revenue. The loss of one or more of these major clients or a substantial reduction in their orders could lead to a significant decline in revenue and profitability.
  2. Supply Chain Volatility and Disruptions: Jabil's global manufacturing and procurement strategies are vulnerable to global economic fluctuations, supply chain disruptions, and geopolitical tensions. The company's reliance on a broad group of suppliers, some of which are single-sourced, makes it susceptible to component shortages and price volatility, particularly in the semiconductor industry.
  3. Intense Market Competition and Technological Changes: Jabil operates in a highly competitive market, competing with numerous domestic and international manufacturing service providers, as well as the in-house manufacturing operations of its customers. The company must continuously enhance operational efficiency, invest in technology, and provide superior service quality to maintain its competitive position. Failure to offer technologically advanced, cost-effective services or adapt to evolving customer requirements could lead to a decline in demand.

AI Analysis | Feedback

null

AI Analysis | Feedback

Jabil Inc. (JBL) operates across two primary segments: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS), providing design, engineering, manufacturing, and supply chain solutions to a wide array of industries globally.

Addressable Markets for Jabil's Main Products and Services:

  • Electronics Manufacturing Services (EMS): The global electronics manufacturing services market was valued at approximately USD 609.79 billion in 2024 and is projected to grow to about USD 1,033.17 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 6.89% during the forecast period (2025-2032). Another estimate places the global market at USD 626.8 billion in 2024, with a projected growth to USD 1,130.89 billion by 2034 at a CAGR of 6.95% from 2025 to 2034.

  • Healthcare Solutions (Healthcare Contract Manufacturing): The global healthcare contract manufacturing market was estimated at USD 213.06 billion in 2024 and is projected to reach USD 566.16 billion by 2033, growing at a CAGR of 11.7% from 2025 to 2033. Another source indicates the global healthcare contract manufacturing market size was USD 360.05 billion in 2024 and is projected to grow to USD 1,697.1 billion by 2033.

  • Automotive Electronics Manufacturing: The global automotive electronics market size was estimated at USD 262.60 billion in 2023 and is projected to reach USD 468.17 billion by 2030, with a CAGR of 8.8% from 2024 to 2030. Other forecasts show the market reaching USD 430.0 billion in 2025 and USD 980.0 billion by 2035 at a CAGR of 9.2%.

  • 5G Infrastructure Manufacturing: The global 5G infrastructure market size was valued at USD 14.81 billion in 2024 and is estimated to reach USD 368.85 billion by 2033, growing at a CAGR of 39.50% from 2025-2033. Another report estimates the market at USD 16.69 billion in 2023, projected to reach USD 95.88 billion by 2030.

  • Cloud Data Center Equipment Manufacturing: The global data center equipment market was valued at USD 285.6 billion in 2024 and is projected to reach USD 569.08 billion by 2032, growing at a CAGR of 9%. The cloud data center market specifically was valued at over USD 20 billion in 2022 and is estimated to grow to USD 70 billion by 2032 at a CAGR of 10%.

  • Industrial Solutions Manufacturing: The global industrial automation market size was USD 210.50 billion in 2022, with a projected revenue CAGR of 8.6% during the forecast period. The global industrial services market is projected to reach USD 54.69 billion by 2030 from USD 34.41 billion in 2025, growing at a CAGR of 9.7% from 2025 to 2030.

AI Analysis | Feedback

Jabil (JBL) is strategically positioned to drive future revenue growth over the next 2-3 years through several key areas:

  1. Growth in AI and Data Center Infrastructure: Jabil anticipates significant revenue expansion from the booming artificial intelligence (AI) and data center infrastructure markets. The company is experiencing strong demand for server racks, networking solutions, next-generation cooling and power solutions, and system-level integration crucial for AI, machine learning, and high-performance computing. Jabil has also announced a significant U.S. manufacturing expansion specifically targeting cloud and AI data center infrastructure customers.
  2. Expansion in Healthcare and Pharmaceutical Delivery Solutions: This segment is a significant growth driver, with healthy traction observed in the healthcare and packaging end markets. Jabil is focused on new program wins in healthcare, emphasizing biologics, GLP-1s, and injectables, as well as a strategic pivot towards medical devices.
  3. Advancements in Warehouse and Retail Automation: Within its Connected Living & Digital Commerce segment, Jabil expects growth from advanced warehouse and retail automation solutions.
  4. Increased Penetration in Electric Vehicles (EV) and Automotive Solutions: Jabil is expanding its presence in the automotive market, particularly through offerings for software-defined vehicles, advanced driver assistance systems, and other powertrain-agnostic solutions, despite some short-term market softness in certain areas.
  5. Strategic Reorganization and Diversification: The company's organizational restructuring into three core segments—Regulated Industries, Intelligent Infrastructure, and Connected Living & Digital Commerce—is designed to enhance growth by developing domain-specific expertise and capitalizing on various secular trends.

AI Analysis | Feedback

Share Repurchases

  • Jabil authorized a new $1 billion share repurchase program on July 17, 2025, and aims to complete it within fiscal year 2025.
  • The company completed a prior $1 billion share repurchase authorization during Q4 FY2025.
  • Jabil repurchased $2.5 billion in shares in 2024 and $487 million in 2023.

Outbound Investments

  • Jabil signed a definitive agreement to acquire Hanley Energy Group for approximately $725 million, plus up to $58 million in contingent consideration, with the transaction expected to close in Q1 calendar year 2026.
  • The company recently acquired Mikros Technologies, a New Hampshire-based provider of liquid cooling and thermal management solutions, which serves AI data center infrastructure, energy storage, and semiconductor testing.

Capital Expenditures

  • Jabil's net capital expenditures were $322 million for the full fiscal year 2025, or 1.1% of revenue. The company anticipates net capital expenditures for FY2025 to be in the range of 1.5% to 2.0% of net revenue.
  • Jabil plans a multi-year $500 million investment to expand its manufacturing footprint in the Southeast United States, specifically to support cloud and AI data center infrastructure customers, with the new facility expected to be operational by mid-2026.
  • Capital expenditures primarily support ongoing maintenance in Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce segments, along with investments in new capabilities and targeted end markets.

Better Bets than Jabil (JBL)

Trade Ideas

Select ideas related to JBL. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
13.9%13.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
12.0%12.0%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.0%17.0%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
11.9%11.9%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
4.1%4.1%0.0%

Recent Active Movers

More From Trefis

Peer Comparisons for Jabil

Peers to compare with:

Financials

JBLFLEXCLSSANMPLXSBHEMedian
NameJabil Flex CelesticaSanmina Plexus Benchmar. 
Mkt Price234.4963.55308.59154.02154.0044.88154.01
Mkt Cap25.223.835.58.34.11.616.0
Rev LTM29,80226,33311,2828,1284,0332,6129,705
Op Inc LTM1,4361,300954395207101675
FCF LTM1,1721,19139847315474436
FCF 3Y Avg93696726324918675256
CFO LTM1,6401,698552621249111586
CFO 3Y Avg1,6971,497408399284125403

Growth & Margins

JBLFLEXCLSSANMPLXSBHEMedian
NameJabil Flex CelesticaSanmina Plexus Benchmar. 
Rev Chg LTM3.2%3.5%22.1%7.4%1.8%-2.9%3.3%
Rev Chg 3Y Avg-3.3%-1.0%18.9%1.6%2.1%-1.8%0.3%
Rev Chg Q18.5%4.0%27.8%3.9%0.7%3.5%3.9%
QoQ Delta Rev Chg LTM4.5%1.0%6.6%1.0%0.2%0.9%1.0%
Op Mgn LTM4.8%4.9%8.5%4.9%5.1%3.9%4.9%
Op Mgn 3Y Avg4.8%4.0%6.2%4.9%5.0%4.1%4.8%
QoQ Delta Op Mgn LTM0.2%0.1%1.2%0.2%-0.0%-0.2%0.1%
CFO/Rev LTM5.5%6.4%4.9%7.6%6.2%4.3%5.8%
CFO/Rev 3Y Avg5.5%5.7%4.2%4.9%7.0%4.7%5.2%
FCF/Rev LTM3.9%4.5%3.5%5.8%3.8%2.8%3.9%
FCF/Rev 3Y Avg3.1%3.7%2.7%3.1%4.6%2.9%3.1%

Valuation

JBLFLEXCLSSANMPLXSBHEMedian
NameJabil Flex CelesticaSanmina Plexus Benchmar. 
Mkt Cap25.223.835.58.34.11.616.0
P/S0.80.93.11.01.00.61.0
P/EBIT24.218.538.422.920.817.521.8
P/E38.327.149.533.624.043.135.9
P/CFO15.414.064.313.316.614.414.9
Total Yield2.6%3.7%2.0%3.0%4.2%2.3%2.8%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg5.3%6.8%3.7%5.1%5.2%3.2%5.1%
D/E0.10.20.00.00.00.20.1
Net D/E0.10.10.0-0.1-0.00.00.0

Returns

JBLFLEXCLSSANMPLXSBHEMedian
NameJabil Flex CelesticaSanmina Plexus Benchmar. 
1M Rtn18.9%11.6%-4.3%0.2%11.4%1.7%6.6%
3M Rtn4.1%10.4%28.3%36.1%7.2%13.4%11.9%
6M Rtn9.3%29.6%107.1%61.7%14.7%17.2%23.4%
12M Rtn59.0%62.3%216.4%98.2%-4.4%-2.6%60.6%
3Y Rtn242.4%302.9%2,741.5%164.0%47.3%77.1%203.2%
1M Excs Rtn15.6%8.2%-7.7%-3.2%8.0%-1.7%3.2%
3M Excs Rtn6.6%7.5%21.2%31.2%4.3%11.9%9.7%
6M Excs Rtn-3.9%14.0%92.6%45.9%0.2%2.2%8.1%
12M Excs Rtn45.1%47.6%206.4%84.1%-20.1%-15.9%46.3%
3Y Excs Rtn164.7%221.1%2,667.8%81.3%-33.0%-6.6%123.0%

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Other non-allocated assets6,5755,83404,0864,522
Regulated Industries5,855    
Intelligent Infrastructure2,624    
Connected Living and Digital Commerce2,297    
Assets held for sale 1,9295,434  
Diversified Manufacturing Services (DMS) 6,8028,8818,2286,642
Electronics Manufacturing Services (EMS) 4,8595,4024,3403,234
Total17,35119,42419,71716,65414,397


Price Behavior

Price Behavior
Market Price$234.49 
Market Cap ($ Bil)25.2 
First Trading Date05/03/1993 
Distance from 52W High-0.2% 
   50 Days200 Days
DMA Price$213.56$193.21
DMA Trendupindeterminate
Distance from DMA9.8%21.4%
 3M1YR
Volatility41.3%40.3%
Downside Capture252.68143.16
Upside Capture222.19168.83
Correlation (SPY)58.1%70.5%
JBL Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta2.151.781.951.681.351.34
Up Beta1.590.700.671.641.381.32
Down Beta3.471.641.601.631.211.13
Up Capture157%190%242%194%225%456%
Bmk +ve Days12253873141426
Stock +ve Days9213469136408
Down Capture232%221%242%163%118%107%
Bmk -ve Days7162452107323
Stock -ve Days10202856112342

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of JBL With Other Asset Classes (Last 1Y)
 JBLSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return67.3%26.7%19.2%71.9%8.9%6.0%-10.4%
Annualized Volatility40.1%27.6%19.5%19.3%15.3%17.1%35.0%
Sharpe Ratio1.370.840.782.690.360.18-0.12
Correlation With Other Assets 75.5%70.5%4.8%33.3%36.4%29.3%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of JBL With Other Asset Classes (Last 5Y)
 JBLSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return42.2%19.0%14.9%18.7%11.7%4.8%32.6%
Annualized Volatility36.4%24.7%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio1.060.690.700.970.510.170.59
Correlation With Other Assets 62.6%62.1%7.2%19.4%36.5%26.9%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of JBL With Other Asset Classes (Last 10Y)
 JBLSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return26.7%22.3%14.7%14.9%6.9%5.2%69.2%
Annualized Volatility36.4%24.2%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.760.840.700.830.310.220.90
Correlation With Other Assets 63.1%65.6%2.6%26.9%46.2%18.7%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity4,030,203
Short Interest: % Change Since 1130202510.8%
Average Daily Volume1,209,968
Days-to-Cover Short Interest3.33
Basic Shares Quantity107,400,000
Short % of Basic Shares3.8%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
12/17/20251.8%  
9/25/2025-6.7%-4.6%-8.3%
6/17/20258.9%17.2%23.9%
3/20/20253.1%3.1%-3.2%
12/18/20247.3%10.3%25.1%
9/26/202411.7%4.9%10.2%
6/20/2024-11.4%-11.1%-12.4%
3/15/2024-16.5%-12.4%-10.0%
...
SUMMARY STATS   
# Positive171616
# Negative788
Median Positive5.8%5.2%10.1%
Median Negative-6.7%-10.1%-8.3%
Max Positive18.8%23.8%25.1%
Max Negative-16.5%-15.0%-12.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
83120251017202510-K 8/31/2025
5312025630202510-Q 5/31/2025
2282025408202510-Q 2/28/2025
11302024110202510-Q 11/30/2024
83120241028202410-K 8/31/2024
5312024709202410-Q 5/31/2024
2292024405202410-Q 2/29/2024
11302023109202410-Q 11/30/2023
83120231020202310-K 8/31/2023
5312023630202310-Q 5/31/2023
2282023405202310-Q 2/28/2023
11302022106202310-Q 11/30/2022
83120221025202210-K 8/31/2022
5312022701202210-Q 5/31/2022
2282022401202210-Q 2/28/2022
11302021107202210-Q 11/30/2021