Jabil Inc. (JBL) Fundamental Checkup
Jabil Inc. fundamental checkup using revenue growth, EPS growth, free cash flow, margins, ROIC, debt-to-equity, and TGMCharts chart exhibits as of August 28, 2026.
By TGMCharts Research · Data as of · Updated
Jabil Inc. gets a balanced fundamental read when revenue growth of 2.86%, EPS growth of 75.55%, free-cash-flow growth of 59.60%, net margin of 2.57%, and ROIC of 18.48% support the same story.
The checkup weighs operating growth, shareholder conversion, cash conversion, reinvestment quality, and balance-sheet flexibility. Current ratio is 0.98x and debt-to-equity is 2.94x, so the balance-sheet read is part of the final view rather than a footnote.
- Jabil Inc. has market cap of $31.99B and closed at $301 on August 28, 2026.
- Five-year revenue CAGR is 2.86% and five-year EPS CAGR is 75.55%.
- Five-year free-cash-flow CAGR is 59.60%.
- Net margin is 2.57% and ROIC is 18.48%.
- Current ratio is 0.98x and debt-to-equity is 2.94x.
Fundamental snapshot
The valuation, growth, profitability, and balance-sheet facts behind the checkup.
A Multi-Dimensional Assessment of Jabil's Operating Performance
Evaluating Jabil Inc. requires an integrated view of its historical performance, cash generation efficiency, and balance sheet structure. On August 28, 2026, the equity market priced the company at $301, bringing its total market capitalization to $31.99B. This fundamental review systematically evaluates whether the underlying operational metrics support this market valuation.
A robust analysis cannot rely solely on top-line expansion. While the long-term revenue CAGR stands at 2.86%, the company has achieved a substantially higher five-year EPS CAGR of 75.55%. Comparing these expansion rates against the five-year free cash flow CAGR of 59.60% reveals how effectively operational expansion translates into tangible owner liquidity.
Current compounder snapshot · JBL
Live supporting context; not part of the article's frozen 2026-08-28 evidence snapshot.
- Score
- 20/100
- 10Y CAGR
- 5.2%
- Median YoY
- 10.8%
- YoY volatility
- σ 11.7pp· uneven
- Quarters ≥ 20%
- 3 of 40
- Negative quarters
- 9
- Valuation vs own 10Y history
- P/S 1.0x · 10Y median 0.3x · 97th percentile · as of Aug 31, 2026
How this score is computed
- Quarters at or above 20%: 3 of 40 → 3 of 40 pts
- Steadiness (typical swing 11.7pp) → 16.6 of 25 pts
- Pace (median 10.8% YoY) → 0 of 20 pts
- Latest quarter (11.8% YoY) → 0 of 15 pts
- Score: 20 of 100
Annualized revenue (TTM) · by quarter, last 40
Quarterly YoY revenue growth vs the 20% line
P/S multiple vs its 10Y median
Jabil's Financial Profile and Reinvestment Performance
Operating within the competitive Technology sector, Jabil Inc. must maintain a disciplined balance between growth capital and capital efficiency. This operational snapshot brings together key metrics of profitability, leverage, and growth to establish a baseline of business quality before examining specific cash flow dynamics.
Fundamental evidence table
A compact cross-check of valuation, growth, quality, and financial flexibility.
JBL revenue
Revenue history shows whether the business has been expanding before margins and per-share metrics are considered.
Five-year revenue CAGR: 2.86%. This is endpoint-to-endpoint from the fiscal years shown — a depressed start year can inflate it, so read it against the recent bars.
Five-year revenue CAGR of 2.86% is the top-line test. A fundamental checkup becomes more durable when revenue growth is paired with earnings growth instead of depending only on margin expansion.
Analyzing the Spread Between Top-Line and Per-Share Growth
The relationship between revenue growth and bottom-line expansion highlights Jabil's operating leverage. Over the past five years, top-line revenue grew at a CAGR of 2.86%, whereas diluted EPS surged at a CAGR of 75.55%. This positive growth trajectory indicates that the business has successfully optimized its cost structure or executed accretive capital allocation strategies, such as share repurchases, to amplify per-share value.
JBL EPS
EPS history shows how much of the business growth has reached shareholders.
Five-year EPS CAGR: 75.55%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.
Five-year EPS CAGR of 75.55% is the shareholder conversion check. If EPS grows faster than revenue, the note should ask whether that came from margin quality, buybacks, or a temporary base effect.
Testing Earnings Authenticity Against Cash Generation
Accounting earnings can occasionally diverge from actual liquidity, making cash flow conversion a critical check on earnings quality. Jabil's five-year free cash flow CAGR of 59.60% demonstrates robust, positive growth that closely aligns with the expansion in net income. This strong cash generation confirms that the reported earnings growth is backed by actual cash inflows rather than non-cash accounting adjustments.
JBL free cash flow
Free cash flow checks whether earnings are converting into owner cash.
Five-year free-cash-flow CAGR: 59.60%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.
Free-cash-flow CAGR of 59.60% is the counterweight to the EPS story. If cash flow lags earnings, the quality of the fundamental setup deserves a more cautious reading.
Capital Allocator Returns and Net Margin Performance
To evaluate the durability of Jabil's growth, we examine its structural profitability and return on capital. The company currently operates with a net margin of 2.57%, which reflects the low-margin, high-volume nature of its industry. However, the business achieves an impressive return on invested capital of 18.48%, indicating highly efficient asset utilization and strong execution in reinvesting capital back into the business.
JBL net margin
Net margin is the operating-quality check behind the growth record.
Net margin (TTM): 2.57%. The bars below are annual fiscal years.
Net margin of 2.57% shows how much revenue becomes profit. The checkup is stronger when margin quality supports EPS growth rather than simply flattering one recent period.
JBL ROIC
ROIC tests whether the business earns enough on reinvested capital to deserve attention.
Latest ROIC: 18.48%.
ROIC of 18.48% is the reinvestment-quality check. A business with stronger returns can support a better long-term read even when the valuation is not obviously cheap.
Liquidity Buffers and Debt Obligations
A company's growth trajectory is only as secure as its balance sheet. Jabil's financial flexibility is characterized by a current ratio of 0.98x, pointing to tight short-term liquidity. Furthermore, its debt-to-equity ratio stands at 2.94x, indicating a highly leveraged capital structure that could restrict operational flexibility if macroeconomic conditions deteriorate.
JBL debt-to-equity Chart
Debt-to-equity keeps the checkup honest about balance-sheet flexibility.
Latest debt-to-equity ratio: 2.94x.
Debt-to-equity of 2.94x and current ratio of 0.98x are the balance-sheet checks. They matter because growth and margins are less valuable if financial flexibility is narrowing.
Implied Expectations in the Current Market Valuation
The market currently prices Jabil at a trailing price-to-earnings multiple of 37.63x, which corresponds to an earnings yield of 2.66%. This multiple suggests that market participants are discounting continued operational excellence and high capital efficiency. The current market price sits above the third-party analyst DCF (FMP) reference, indicating a negative margin of safety at current trading levels.
JBL Price Chart
Latest close: $301 as of August 28, 2026.
The close at $301 is not the conclusion, but it is the market reference point. The fundamental read has to explain whether growth, margins, and balance-sheet support justify the price investors are paying.
Weighing Structural Strengths Against Financial Leverage
The bullish case for Jabil rests on its exceptional capital efficiency, highlighted by an ROIC of 18.48%, and its ability to convert a modest revenue CAGR of 2.86% into rapid EPS growth of 75.55%. Conversely, the bearish case centers on its leveraged balance sheet, marked by a debt-to-equity ratio of 2.94x and tight short-term liquidity, which leaves the company vulnerable to credit tightening or operational disruptions.
Bull and bear case
Fundamental support
- Five-year revenue CAGR of 2.86% and five-year EPS CAGR of 75.55% support the business case.
- Net margin of 2.57% and ROIC of 18.48% are the quality checks behind the thesis.
Fundamental pressure
- Free-cash-flow CAGR of 59.60% can weaken the read if it falls away from EPS growth.
- Debt-to-equity of 2.94x and current ratio of 0.98x are the balance-sheet checks that can change the view.
Monitoring Key Operational and Balance Sheet Metrics
In conclusion, Jabil presents a compelling profile of operating efficiency and cash flow generation, tempered by substantial balance sheet leverage. A future reassessment of this thesis would be triggered by any material deterioration in the current ROIC of 18.48%, a deceleration in free cash flow growth, or an adverse shift in the debt-to-equity ratio of 2.94x.
FAQ
What is the fundamental read on JBL?
Jabil Inc. is judged through revenue growth of 2.86%, EPS growth of 75.55%, free-cash-flow growth of 59.60%, net margin of 2.57%, and ROIC of 18.48%.
Which JBL fundamental metric matters most?
No single metric carries the article. The checkup requires growth, cash conversion, profitability quality, balance-sheet flexibility, and valuation to be read together.
When should this JBL checkup refresh?
Its figures are as of August 28, 2026, the note's dated snapshot; a note whose figures stop verifying against reported data is corrected or unpublished.
What would change our mind
- Revenue growth moving away from the current five-year CAGR of 2.86%.
- Free-cash-flow growth drifting away from five-year EPS CAGR of 75.55%.
- ROIC or balance-sheet flexibility weakening from ROIC of 18.48% and debt-to-equity of 2.94x.
The bottom line
Jabil Inc. fundamental research note from TGMCharts Research, grounded in a dated fundamentals snapshot, chart exhibits, and linked source facts.
Read next: JBL fundamentalsContinue with Jabil Inc.'s full stock page.How we checked this researchShowHide
Data snapshot · By TGMCharts Research.
Every number in this note comes from data we compute and store ourselves from the company's reported figures, plus verbatim excerpts from its SEC filings. When a value isn't available we say so — we never fill gaps with estimates.
Latest filing excerpt
10-Q · filed 2026-06-30 · period 2026-05-31 · SEC EDGAR source
- “The Regulated Industries segment net revenue increased 4% primarily due to a 4% increase in revenues from existing customers within our automotive and transportation business.”
- “The Connected Living and Digital Commerce segment net revenue increased 5% primarily due to a 13% increase in revenues from existing customers within our digital commerce business.”
- “The Regulated Industries segment net revenue increased 6% primarily due to: (i) a 3% increase in revenues from existing customers within our automotive and transportation business, and (ii) a 3% increase in revenues from existing customers within our renewable energy infrastructure business.”
- “The Connected Living and Digital Commerce segment net revenue decreased 5% primarily due to a 11% decrease in revenues from existing customers within our connected living business.”
Source pages
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Research trail
Every number, checked
Every numeric or dated claim in this note was checked against our stored company data before publishing — each figure below links to the page it comes from.