NYSE · JBL

Jabil Inc.

Technology · Hardware, Equipment & Parts

$295.94▼ 0.44% ($1.30)at close

After hours$296.75▲ 0.27%7:50 PM ET

52-week

$189.60$428.93

Market cap

What the market price implies · Reverse DCF

Historical FCFF grew by 15.8%/yr over the past 10 years.

Selected forecast · Base scenario

15.8%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

Unavailable · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

The projected free cash flow is negative through the forecast, so the model produces no defensible fair value.

Valuation

Recommended · Cash-flow DCF

Price used

$295.94

Estimated value / share

Unavailable

Base scenario

USD · TTM ending 2026-05-31

The projected free cash flow is negative through the forecast, so the model produces no defensible fair value.

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

CapEx normalization ceiling applied: historical capex ratio was set at smaller revenue scale. Capped at 2× TTM capex.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Reported total debt includes capitalised leases (~13% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.

Stage 1 15.8% · Stage 2 8.69% · Discount rate 11.57%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-05-31
Data refreshed: Sep 18, 2026, 5:31 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 7 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 189.3%.

Price vs Fundamentals

Why The Stock Is Moving

Fundamentals are supporting the moveModerate confidence

Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.

1Y Price: 38.52%Revenue (TTM): 17.8%FCF (TTM): 29.21%P/FCF: 59th pct

What changed

The stock rose 38.52% over the last year. Revenue grew 17.8% over the trailing twelve months. Operating margin moved from 4.08% to 4.32%. Free cash flow grew 29.21% over the trailing twelve months.

What the market seems to be pricing

The stock move broadly lines up with stronger business momentum, and the shares are still only around the 59th percentile of their historical P/FCF range.

What would invalidate this read

Operating margin is at 4.32%. Revenue grew 17.8% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.

Performance

Return analysis

Company profile

Jabil Inc. is a global provider of manufacturing services and comprehensive solutions.

CEOMichael Dastoor

SectorTechnology

IndustryHardware, Equipment & Parts

Employees135,000

IPO dateMay 3, 1993

https://www.jabil.com

Market multiples

Forward P/E—

EV/EBITDA13.18

Enterprise value$23.86B

Stock splits

Mar 31, 2000↑ Forward

Every 1 shares became 2

+100%

Feb 18, 1999↑ Forward

Every 1 shares became 2

+100%

Jul 23, 1997↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth11.79%

Gross margin (FY2025)8.88%▼0.4ppvs FY2024

Operating margin (FY2025)3.97%▼3.0ppvs FY2024

ROE66.1%▲25.7ppvs FY2025

Analyst consensus

RatingBuy

Target price$440.75▲48.93%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Sep 30, 2026

Q3 FY26 · EPS est $4.06 · Revenue est $9.69B

View

Dividends

$0.32/shareQuarterlyDividend Achiever · 19yrSafe

JBL pays a dividend with a 0.11% dividend yield, 19 consecutive years of growth, covered 32.6× by free cash flow.

Dividend Yield

0.11%

Annual Div / Share

$0.32

5yr CAGR

+0%

Payout Ratio

4.06%

Safe

Dividend Growth Rate

3yr CAGR

+0%

5yr CAGR

+0%

10yr CAGR

+0%

Dividend Safety

10/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$0.32+0.0%

2025$0.32+0.0%

2024$0.32+0.0%

2023$0.32+0.0%

2022$0.32+0.0%

2021$0.32+0.0%

2020$0.32+0.0%

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$1/yr

$0/mo

In 5 yrs

$1/yr

$0/mo

In 10 yrs

$1/yr

$0/mo

Today	In 5 yrs	In 10 yrs
$1/yr $0/mo	$1/yr $0/mo	$1/yr $0/mo

Analysis

Dividend Strengths

Dividend Achiever

JBL has raised its dividend for 19 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.

Well-covered by free cash flow

The dividend is covered 32.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Risks to Watch

No strong risk signal stands out from the latest period pair.

NYSE · JBL

Jabil Inc.

Technology · Hardware, Equipment & Parts

$295.94▼ 0.44% ($1.30)at close

After hours$296.75▲ 0.27%7:50 PM ET

52-week

$189.60$428.93

Market cap

What the market price implies · Reverse DCF

Historical FCFF grew by 15.8%/yr over the past 10 years.

Selected forecast · Base scenario

15.8%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

Unavailable · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

The projected free cash flow is negative through the forecast, so the model produces no defensible fair value.

Valuation

Recommended · Cash-flow DCF

Price used

$295.94

Estimated value / share

Unavailable

Base scenario

USD · TTM ending 2026-05-31

The projected free cash flow is negative through the forecast, so the model produces no defensible fair value.

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

CapEx normalization ceiling applied: historical capex ratio was set at smaller revenue scale. Capped at 2× TTM capex.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Stage 1 15.8% · Stage 2 8.69% · Discount rate 11.57%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-05-31
Data refreshed: Sep 18, 2026, 5:31 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 7 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 189.3%.

Price vs Fundamentals

Why The Stock Is Moving

Fundamentals are supporting the moveModerate confidence

Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.

1Y Price: 38.52%Revenue (TTM): 17.8%FCF (TTM): 29.21%P/FCF: 59th pct

What changed

The stock rose 38.52% over the last year. Revenue grew 17.8% over the trailing twelve months. Operating margin moved from 4.08% to 4.32%. Free cash flow grew 29.21% over the trailing twelve months.

What the market seems to be pricing

The stock move broadly lines up with stronger business momentum, and the shares are still only around the 59th percentile of their historical P/FCF range.

What would invalidate this read

Performance

Return analysis

Company profile

Jabil Inc. is a global provider of manufacturing services and comprehensive solutions.

CEOMichael Dastoor

SectorTechnology

IndustryHardware, Equipment & Parts

Employees135,000

IPO dateMay 3, 1993

https://www.jabil.com

Market multiples

Forward P/E—

EV/EBITDA13.18

Enterprise value$23.86B

Stock splits

Mar 31, 2000↑ Forward

Every 1 shares became 2

+100%

Feb 18, 1999↑ Forward

Every 1 shares became 2

+100%

Jul 23, 1997↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth11.79%

Gross margin (FY2025)8.88%▼0.4ppvs FY2024

Operating margin (FY2025)3.97%▼3.0ppvs FY2024

ROE66.1%▲25.7ppvs FY2025

Analyst consensus

RatingBuy

Target price$440.75▲48.93%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Sep 30, 2026

Q3 FY26 · EPS est $4.06 · Revenue est $9.69B

View

Dividends

$0.32/shareQuarterlyDividend Achiever · 19yrSafe

JBL pays a dividend with a 0.11% dividend yield, 19 consecutive years of growth, covered 32.6× by free cash flow.

Dividend Yield

0.11%

Annual Div / Share

$0.32

5yr CAGR

+0%

Payout Ratio

4.06%

Safe

Dividend Growth Rate

3yr CAGR

+0%

5yr CAGR

+0%

10yr CAGR

+0%

Dividend Safety

10/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$0.32+0.0%

2025$0.32+0.0%

2024$0.32+0.0%

2023$0.32+0.0%

2022$0.32+0.0%

2021$0.32+0.0%

2020$0.32+0.0%

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$1/yr

$0/mo

In 5 yrs

$1/yr

$0/mo

In 10 yrs

$1/yr

$0/mo

Today	In 5 yrs	In 10 yrs
$1/yr $0/mo	$1/yr $0/mo	$1/yr $0/mo

Analysis

Dividend Strengths

Dividend Achiever

JBL has raised its dividend for 19 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.

Well-covered by free cash flow

The dividend is covered 32.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Risks to Watch

No strong risk signal stands out from the latest period pair.