# Jabil Inc. (JBL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $310.57, market value $32.5 billion.

## Valuation
- **P/E (trailing): 38.9×** (5-yr avg 17.0×, 3-yr avg 21.1×). Jabil Inc. trades at 38.9× trailing earnings, well above its own five-year average of 17.0×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 18.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 24.6×**. The shares trade at 24.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.7×**. Enterprise value is 15.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.0%** (5-yr avg 4.5%). Free cash flow equals 4.0% of the market value, in line with its five-year average of 4.5%.
- **Earnings yield: 2.6%**. The inverse of the P/E: 2.6% of the price is earned each year.

## Profitability
- **Gross margin: 9.2%**. Jabil Inc. keeps 9.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 4.3%**. 4.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 2.2%**. 2.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 43.4%**. 43.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 46.1%**. Return on all capital, debt included, is 46.1%: comfortably above what that capital costs.
- **Return on assets: 4.6%**. Each dollar of assets produces 4.6% of profit.

## Growth
- **Revenue growth (1 yr): 3.2%** (3-yr -3.8%/yr, 5-yr 1.8%/yr). Revenue grew 3.2% over the last year, against 1.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -47.0%** (3-yr -5.0%/yr, 5-yr 76.1%/yr). Earnings per share fell 47.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 63.9%/yr**. Free cash flow has compounded at 63.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.91**. Debt is 1.91 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.4×**. It would take 0.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.08**. A Z-score of 3.08 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.10%** ($0.32 per share, trailing). Jabil Inc. yields 0.10%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 5%** (3% of free cash flow). 5% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 20**. 20 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 49.5%** (YTD 36.3%, 3-mo -12.1%). The shares are up 49.5% over twelve months including dividends.
- **From 52-week high: -27.6%** (63.8% above the low). Trading 28% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 2.09** (volatility 46%). Beta of 2.09 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JBL · Page: https://foliofundamentals.com/stocks/jbl

Not investment advice.
