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1. Company Snapshot

1.a. Company Description

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.

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1.b. Last Insights on JBL

Jabil Inc.'s recent performance was driven by robust Q4 results, with revenue and earnings beats fueled by demand in data center and healthcare sectors. A $1 billion share buyback announcement further boosted sentiment. The company's diversified portfolio spanning AI, data center, and semiconductor markets is driving steady revenue gains. Strong Q4 earnings of $3.29 per share, beating estimates, also contributed to the positive momentum. Institutional investors' activity, however, showed mixed signals with some trimming their positions. The company is set to announce its Q1 FY2026 earnings on December 17, 2025.

1.c. Company Highlights

2. Jabil's Strong Q4 Results Exceed Expectations

Jabil delivered a strong performance in Q4, with revenue reaching approximately $8.3 billion, exceeding the midpoint of guidance by roughly $800 million. Core diluted earnings per share was $3.29, beating estimates of $2.92. The company's regulated industries segment saw revenue of $3.1 billion, with a 40 basis point expansion in core operating margin to 6.5%. Intelligent Infrastructure revenue was $3.7 billion, driven by cloud and data center infrastructure, capital equipment, and networking and communications.

Publication Date: Oct -27

📋 Highlights
  • Q4 Revenue Surpassed Guidance:: Achieved $8.3 billion, exceeding the midpoint of guidance by $800 million.
  • AI-Driven Intelligent Infrastructure Growth:: Expected 18% revenue growth in FY 2026, with AI-related revenue targeting $11.2 billion (+25% YoY).
  • Intelligent Infrastructure Performance:: Q4 revenue reached $3.7 billion, driven by cloud/data center demand, efficiency gains, and favorable mix.
  • Strong Free Cash Flow and EPS Guidance:: FY 2026 forecasts include adjusted free cash flow >$1.3 billion and core EPS of $11.
  • New AI Facility Investment:: $75–100 million allocated to the North Carolina AI manufacturing facility (500,000 sq ft, 12 MW initial power).

Segment Performance

The Regulated Industries segment saw growth in automotive and transportation, healthcare, and renewables and energy infrastructure. In healthcare, Jabil is seeing an equally dynamic environment shaped by innovation, demographics, and patient needs. "Connected Care is creating new markets, enabling care delivery in ways that are more accessible and more personal," as stated by Steve Borges, leader of Regulated Industries.

Guidance and Outlook

For Q1 FY '26, Jabil expects Regulated Industries revenue of $3.05 billion, up 3% year-over-year, and Intelligent Infrastructure revenue of $3.67 billion, up approximately 47% year-over-year. The company expects AI-related revenue to grow by roughly 25% in FY '26, reaching about $11.2 billion.

Valuation and Metrics

With a P/E Ratio of 34.76 and an EV/EBITDA of 12.5, the market is pricing in significant growth expectations. The company's ROE of 45.71% and ROIC of 16.06% indicate strong profitability. Analysts estimate next year's revenue growth at 7.6%, which is slightly higher than the company's expected revenue growth to about $31.3 billion in FY '26.

Capital Allocation and Investments

Jabil is investing in high-return areas like AI infrastructure, healthcare, and advanced warehouse and retail automation. The company is also investing in a new facility in North Carolina, set to come online in summer 2026, with an investment of around $75-100 million in 2026.

Conclusion on Future Prospects

The company's focus on engineering-led system-level capabilities and investments in AI infrastructure position it well for future growth. With a strong track record of execution and a solid balance sheet, Jabil is poised to capitalize on emerging trends in the industry.

3. NewsRoom

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Jabil (JBL) Exceeds Market Returns: Some Facts to Consider

Dec -04

Source:

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16,381 Shares in Jabil, Inc. $JBL Acquired by Edgestream Partners L.P.

Dec -04

Source: defenseworld.net

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Jabil's First Quarter of Fiscal Year 2026 Earnings Announcement Set

Dec -03

Source: businesswire.com

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Capital Fund Management S.A. Trims Stock Position in Jabil, Inc. $JBL

Dec -01

Source: defenseworld.net

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Ameritas Investment Partners Inc. Sells 2,306 Shares of Jabil, Inc. $JBL

Nov -27

Source: defenseworld.net

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Why Jabil (JBL) Outpaced the Stock Market Today

Nov -26

Source:

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JPMorgan Has 15 Ideas for 'Bargain Hunting' Tech Stock Investors

Nov -22

Source: investopedia.com

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Jabil (JBL) Suffers a Larger Drop Than the General Market: Key Insights

Nov -21

Source: zacks.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (9.14%)

6. Segments

Diversified Manufacturing Services

Expected Growth: 8.97%

Jabil Inc.'s Diversified Manufacturing Services segment growth of 8.97% is driven by increasing demand for electronic manufacturing services, particularly in the 5G and cloud infrastructure markets. Additionally, the company's strategic acquisitions and investments in digital transformation, automation, and supply chain optimization have enhanced its operational efficiency and competitiveness.

Electronics Manufacturing Services

Expected Growth: 9.33%

Jabil's Electronics Manufacturing Services (EMS) segment growth of 9.33% is driven by increasing demand for 5G infrastructure, cloud computing, and IoT devices. Additionally, the company's strategic partnerships, operational efficiencies, and investments in digital technologies such as automation and artificial intelligence are contributing to its growth momentum.

7. Detailed Products

Electronics Manufacturing Services

Jabil's Electronics Manufacturing Services provide a comprehensive range of manufacturing solutions, from design and prototyping to production and distribution.

Diversified Manufacturing Services

Jabil's Diversified Manufacturing Services offer customized manufacturing solutions for industries such as healthcare, industrial, and energy.

After-Market Services

Jabil's After-Market Services provide repair, refurbishment, and recycling solutions for electronic products.

Packaging Services

Jabil's Packaging Services offer customized packaging solutions for industries such as consumer electronics and healthcare.

Optical Communications

Jabil's Optical Communications provide design, manufacturing, and testing services for optical communication components.

Cloud and Connected Devices

Jabil's Cloud and Connected Devices offer design, manufacturing, and testing services for IoT devices and cloud infrastructure.

8. Jabil Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Jabil Inc. operates in a highly competitive industry, and the threat of substitutes is moderate. While there are some substitutes available, they are not a significant threat to Jabil's business.

Bargaining Power Of Customers

Jabil Inc. has a diverse customer base, but some of its largest customers have significant bargaining power. This could lead to pricing pressure and affect Jabil's revenue.

Bargaining Power Of Suppliers

Jabil Inc. has a diverse supplier base, and no single supplier has significant bargaining power. This reduces the risk of supply chain disruptions and pricing pressure.

Threat Of New Entrants

The capital requirements and regulatory hurdles in the electronics manufacturing industry make it difficult for new entrants to enter the market. This reduces the threat of new entrants to Jabil's business.

Intensity Of Rivalry

The electronics manufacturing industry is highly competitive, with many established players competing for market share. This intense rivalry could lead to pricing pressure and affect Jabil's revenue.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 53.12%
Debt Cost 9.59%
Equity Weight 46.88%
Equity Cost 11.04%
WACC 10.27%
Leverage 113.33%

11. Quality Control: Jabil Inc. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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Teledyne Technologies

A-Score: 5.7/10

Value: 2.8

Growth: 6.3

Quality: 6.9

Yield: 0.0

Momentum: 8.0

Volatility: 10.0

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Vontier

A-Score: 5.0/10

Value: 4.9

Growth: 3.8

Quality: 6.3

Yield: 0.0

Momentum: 7.5

Volatility: 7.3

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Jabil

A-Score: 4.9/10

Value: 3.5

Growth: 6.7

Quality: 4.6

Yield: 0.0

Momentum: 9.5

Volatility: 5.3

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OSI Systems

A-Score: 4.8/10

Value: 2.6

Growth: 5.9

Quality: 6.1

Yield: 0.0

Momentum: 9.0

Volatility: 5.3

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Badger Meter

A-Score: 4.5/10

Value: 1.4

Growth: 8.0

Quality: 7.6

Yield: 1.0

Momentum: 2.0

Volatility: 6.7

1-Year Total Return ->

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Plexus

A-Score: 4.4/10

Value: 3.6

Growth: 4.7

Quality: 5.6

Yield: 0.0

Momentum: 6.0

Volatility: 6.3

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

220.06$

Current Price

220.06$

Potential

-0.00%

Expected Cash-Flows