Jabil Inc. (JBL) is listed on NYSE and operates in the Hardware, Equipment & Parts industry (Technology sector).
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, i...
| Rating | Analysts |
|---|---|
| Strong Buy | 1 |
| Buy | 11 |
| Hold | 11 |
| Sell | 0 |
| Strong Sell | 0 |
Jabil Inc., headquartered in Saint Petersburg, Florida, provides global manufacturing services and solutions. Operating through two segments, Electronics Manufacturing Services and Diversified Manufacturing Services, Jabil offers a range of services including electronics design, production, and product management. The company specializes in application-specific integrated circuit design, firmware development, and rapid prototyping. It also designs plastic and metal enclosures, incorporating electro-mechanics like printed circuit board assemblies (PCBA). Jabil's expertise extends to three-dimensional mechanical design, covering electronic, electro-mechanical, and optical assemblies. The company provides industrial design, mechanism development, tooling management, and computer-assisted design services, including PCBA design and validation. Additional consulting services include generating bills of materials, approved vendor lists, and assembly equipment configurations. Jabil also offers product and process validation services, covering product safety, regulatory compliance, and reliability tests, along with manufacturing test solution development. Its systems assembly, test, direct-order fulfillment, and configure-to-order services cater to industries such as 5G, wireless and cloud, digital print and retail, industrial, networking, automotive, healthcare, and mobility. Founded in 1966, Jabil was formerly known as Jabil Circuit, Inc. until 2017.
Over the past three fiscal years, the company has experienced a mixed performance across various financial metrics. Revenue showed an inconsistent trend, declining at a CAGR of -7.3% from $34.7 billion in 2023 to $29.8 billion in 2025. Despite this revenue contraction, the company managed to improve its gross margin by 0.6pp, reaching 8.9% in 2025. However, operating and net margins slightly compressed by 0.5pp and 0.2pp, respectively, indicating some pressure on profitability. The company's cash generation capabilities strengthened, with free cash flow (FCF) consistently increasing at a robust CAGR of 29.0%, rising from $704 million in 2023 to $1.17 billion in 2025, and the FCF margin expanding by 1.9pp to 3.9%. This improvement in cash flow was supported by a strong FCF conversion rate of 71.5% in 2025, suggesting efficient cash management. Additionally, the company reduced its share count by 18.4% through buybacks, enhancing per-share value creation. Despite these positive developments, the company's net debt position remained relatively stable, decreasing slightly from $1.44 billion to $1.43 billion, while maintaining a manageable net debt to EBITDA ratio of 0.79x. Overall, the company demonstrated resilience in cash flow generation and capital efficiency, even as revenue and earnings per share faced downward pressure.
Recent developments for Jabil Inc. (JBL) have been marked by significant insider trading activity and strategic collaborations. On April 21, SVP May Yee Yap sold 1,634 shares at an average price of $306.74, totaling $501,213, while retaining 23,787 shares valued at $7,296,424. Similarly, on April 14, SVP Adam Berry sold 1,585 shares at an average price of $301.23, amounting to $477,449, maintaining ownership of 16,335 shares valued at $4,920,592. CEO Michael Dastoor sold 9,467 shares on April 11, at an average price of $286, for a total of $2,713,620, retaining 253,099 shares valued at $72,548,297. Additionally, EVP Steven Borges sold 7,000 shares at $290 each, totaling $2,030,000, with 83,524 shares remaining, valued at $24,221,960. Institutional activity included Asset Management One Co. Ltd. selling 13,047 shares, and Lbp Am Sa divesting 23,727 shares. In strategic developments, Jabil has partnered with Sivers Semiconductors to develop a 1.6T pluggable optical transceiver module, targeting the growing market for high-speed optical transceivers. This collaboration aims to enhance Jabil's offerings in AI data centers. These transactions and partnerships reflect ongoing portfolio management and strategic positioning in emerging technology markets.