Information Technology · Electronic Manufacturing Services · US stock · price as of 16 Oct 2026
Key indicators
Price
$278.25
52-week range
$189.46 – $428.84
Market cap
$29.6B
P/E (trailing)
34.9×
EV / EBITDA
14.8×
Free-cash-flow yield
4.4%
Dividend yield
0.1%
Revenue (last 12 months)
$33.6B
Revenue growth (3y a year)
−3.8%
Operating margin
4.3%
Return on invested capital
31.8%
Net debt / EBITDA
0.9×
Fair value
Blended fair value$281.04 range $271 – $292
Versus priceFair+1% to fair value
Peer multiples
$357.60
Fundamentals-adjusted multiple
$276.18
10-year DCF (market-scaled)
$209.34
Earnings power value (floor, not blended)
$101.73
Model uncertainty
Medium
X-Ray Score
44/ 100 · High confidence · ahead of 29% of sector peers
Valuation68
Growth28
Profitability45
Financial health36
Dividends28
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Jabil is an electronics manufacturing and design company that builds products on behalf of other firms. It provides engineering, supply chain management and production for customers in cloud and data centre equipment, networking, healthcare, automotive, consumer electronics and industrial markets. Its customers are technology and industrial brands that outsource production and rely on Jabil's global factory network.
Jabil earns revenue from manufacturing and assembling products, together with design, engineering and supply chain services. The last twelve months brought $33.6 billion, though revenue growth over the last three years was -3.8% a year, a decline. The operating margin is 4.3%, while the business earns a profit of 32% on the capital invested in it. It carries net debt of 0.9 times EBITDA. The company pays a dividend with a yield of 0.1%.
StocksXray gives Jabil Inc an X-Ray Score of 44 out of 100 (high confidence), ahead of 29% of the S&P 500 stocks in its sector. Its strongest lens is valuation (68) and its weakest is growth (28).
Our fair value blend is $281.04 (range $270.89 to $291.73). At $278.25 the stock trades 1% below that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Jabil Inc (JBL)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$60.86
$59.72
$113.77
$108.94
$204.59
$278.25
Market cap
$9.3B
$8.6B
$15.5B
$13.5B
$22.7B
$29.6B
P/E
13.3×
8.7×
18.9×
9.8×
34.6×
34.9×
EV / revenue
0.4×
0.3×
0.5×
0.5×
0.8×
0.9×
EV / EBITDA
5.5×
4.3×
6.7×
5.2×
12.7×
14.8×
Price / free cash flow
33.8×
32.4×
22.0×
14.5×
19.4×
22.7×
Free-cash-flow yield
3.0%
3.1%
4.6%
6.9%
5.2%
4.4%
Price / book
4.3×
3.5×
5.4×
7.8×
15.0×
22.4×
Dividend yield
–
–
–
–
–
0.11%
Fundamentals checklist ● 5 Good · ● 3 Average · ● 8 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−4.2%Average
Free-cash-flow yield4.4%Average
Risk models
Altman Z score1.3×Bad
Piotroski F-Score5 of 9Bad
Growth
EPS growth (3y)−5.0%Bad
Free-cash-flow growth (3y)63.9%Good
Revenue growth (3y)−3.8%Bad
Growth consistency50%Bad
Balance sheet
Current ratio1.0×Bad
Net debt / EBITDA0.9×Average
Interest coverno interest costGood
Valuation
Fair value vs price1.0×Good
EBIT / EV yield4.5%Good
Profitability
Return on invested capital31.8%Good
Operating margin4.3%Bad
Gross profitability13.0%Bad
XStocksXray
Jabil Inc (JBL)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
29,285
33,478
34,702
28,883
29,802
33,590
Gross profit
2,359
2,632
2,867
2,676
2,646
3,099
Operating income
1,055
1,393
1,537
2,013
1,182
1,439
Net income
696
996
818
1,388
657
862
Diluted EPS ($)
4.58
6.90
6.02
11.17
5.92
7.97
Free cash flow
274
266
704
932
1,172
1,306
Gross margin
8.1%
7.9%
8.3%
9.3%
8.9%
9.2%
Operating margin
3.6%
4.2%
4.4%
7.0%
4.0%
4.3%
Net margin
2.4%
3.0%
2.4%
4.8%
2.2%
2.6%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
16,654
19,717
19,424
17,351
18,543
23,819
Cash
1,567
1,478
1,804
2,201
1,933
1,360
Total debt
2,878
2,875
2,875
2,880
2,885
3,378
Equity
2,136
2,451
2,866
1,737
1,513
1,323
Dividend per share ($)
–
–
–
–
–
0.32
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.