Jabil

Manufacturing & Industrial electronics equipment

Jabil is a provider of electronics manufacturing services. Jabil’s engineering, manufacturing and intelligent supply chain solutions help people capitalize on accelerated changes and achieve digital business advantage. The Company operates in two segments, which include Electronics Manufacturing Services and Diversified Manufacturing Services. It provides electronic design, production and product management services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale and printing industries.

Company Growth (employees)

Type

Public

Saint Petersburg, US

Founded

1966

Size (employees)

180,000 (est)+12%

Website

jabil.com

Jabil was founded in 1966 and is headquartered in Saint Petersburg, US

Key People at Jabil

Tim Main

Chairman and Chief Executive Officer

Jabil Office Locations

Jabil has offices in Saint Petersburg, Auburn, Auburn Hills, Tel Aviv-Yafo and in 38 other locations

Saint Petersburg, US (HQ)

10560 Doctor M.L.K. Jr St N

Show all (42)

Jabil Data and Metrics

Jabil Financial Metrics

Jabil's revenue was reported to be $4.5 b in Q3, 2017

Summary

USD

Jabil's current market capitalization is $5.6 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	18.3 b	15.8 b	17.9 b	18.4 b
Revenue growth, %		(14%)	14%	3%
Cost of goods sold	17 b	14.7 b	16.4 b	16.8 b
Gross profit	1.4 b	1 b	1.5 b	1.5 b
Gross profit Margin, %	7%	7%	8%	8%
R&D expense				32 m
General and administrative expense				924.4 m
Operating expense total				956.4 m
EBIT	511.4 m	204.1 m	555.4 m	522.8 m
EBIT margin, %	3%	1%	3%	3%
Interest expense	121.1 m	128.1 m	128.1 m	136.5 m
Interest income	1.9 m	3.7 m	10 m	9.1 m
Income tax expense	16 m	73.7 m	137.5 m	132.1 m
Net Income	370.1 m	242.3 m	285.6 m	254.9 m

Quarterly

USD	Q1, 2014	Q2, 2015	Q3, 2015	Q1, 2015	Q2, 2016	Q3, 2016	Q1, 2016	Q2, 2017	Q3, 2017
Revenue	4.6 b	4.3 b	4.4 b	5.2 b	4.4 b	4.3 b	5.1 b	4.4 b	4.5 b
Cost of goods sold	4.2 b	3.9 b	4 b	4.7 b	4 b	4 b	4.7 b	4.1 b	4.2 b
Gross profit	383 m	367.8 m	375.8 m	483.5 m	399.4 m	321.1 m	431.5 m	361.9 m	326.4 m
Gross profit Margin, %	8%	9%	9%	9%	9%	7%	8%	8%	7%
R&D expense	6 m	6.5 m	7 m	8.3 m	8.5 m	7.7 m	7.6 m	7.1 m	7.3 m
General and administrative expense	214.4 m	210.3 m	228.5 m	251.5 m	224.9 m	239.6 m	214.1 m	217.9 m	233.9 m
Operating expense total	220.4 m	216.8 m	235.5 m	259.8 m	233.4 m	247.3 m	221.7 m	225 m	241.2 m
EBIT	144.8 m	124.9 m	135.4 m	214.5 m	154.9 m	59.6 m	165.6 m	83.2 m	43.4 m
EBIT margin, %	3%	3%	3%	4%	4%	1%	3%	2%	1%
Interest expense	31.8 m	32 m	32 m	33 m	34.3 m	35.2 m	32.8 m	33.8 m	35.4 m
Interest income	(1.7 m)	(1.9 m)	(2.8 m)	(2.1 m)	(2.3 m)	(2.3 m)	(2.5 m)	(2.3 m)	(3.7 m)
Pre tax profit							130.5 m	48.3 m	(4.2 m)
Income tax expense	39.8 m	35.3 m	32.1 m	49.9 m	42.4 m	18.4 m	43.8 m	28.2 m	21.5 m
Net Income	72.4 m	52.3 m	72.4 m	131.9 m	78.4 m	5.8 m	86.7 m	20.1 m	(25.7 m)

Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	1 b	1 b	914 m	912.1 m
Inventories	2.3 b	2 b	2.5 b	2.5 b
Current Assets	5.8 b	5.4 b	5.9 b	5.8 b
Goodwill	436.2 m	383.6 m	462.4 m	594.8 m
Total Assets	9.2 b	8.5 b	9.6 b	10.3 b
Accounts Payable	3.3 b	3.1 b	3.7 b	3.6 b
Total Debt	1.9 b	1.7 b	1.7 b	2.1 b
Current Liabilities	4.9 b	4.3 b	5.7 b	5.6 b
Total Liabilities				7.9 b
Additional Paid-in Capital	1.9 b	1.9 b	2 b	2 b
Retained Earnings	1.1 b	1.2 b	1.5 b	1.7 b
Total Equity	2.4 b	2.3 b	2.3 b	2.5 b
Debt to Equity Ratio	0.8 x	0.7 x	0.7 x	0.9 x
Debt to Assets Ratio	0.2 x	0.2 x	0.2 x	0.2 x
Financial Leverage	3.9 x	3.8 x	4.1 x	4.2 x

Quarterly

USD	Q1, 2014	Q2, 2015	Q3, 2015	Q1, 2015	Q2, 2016	Q3, 2016	Q1, 2016	Q2, 2017	Q3, 2017
Cash	921.5 m	966.4 m	962.8 m	1.1 b	883.2 m	887 m	747.4 m	755.1 m	743.9 m
Inventories	2.1 b	2.1 b	2.3 b	2.5 b	2.3 b	2.3 b	2.5 b	2.5 b	2.7 b
Current Assets	5.7 b	5.3 b	5.5 b	6.3 b	5.6 b	5.5 b	6.1 b	5.6 b	5.9 b
Goodwill	382.6 m	383.5 m	408.8 m	481.3 m	597.3 m	584.8 m	590.9 m	591.7 m	603.7 m
Total Assets	8.9 b	8.6 b	9 b	10.2 b	9.9 b	9.9 b	10.5 b	10 b	10.3 b
Accounts Payable	3.4 b	3.1 b	3.3 b	3.7 b	3 b	3.2 b	3.9 b	3.3 b	3.6 b
Current Liabilities	4.7 b	4.4 b	4.7 b	5.8 b	5.4 b	5.4 b	5.9 b	5.3 b	6.1 b
Additional Paid-in Capital	1.9 b	1.9 b	1.9 b	2 b	2 b	2 b	2 b	2.1 b	2.1 b
Retained Earnings	1.3 b	1.3 b	1.4 b	1.6 b	1.6 b	1.6 b	1.7 b	1.7 b	1.7 b
Total Equity	2.3 b	2.3 b	2.3 b	2.4 b	2.5 b	2.5 b	2.4 b	2.4 b	2.3 b
Financial Leverage	3.9 x	3.8 x	3.8 x	4.3 x	4 x	3.9 x	4.4 x	4.1 x	4.4 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	370.1 m	242.3 m	285.6 m	254.9 m
Depreciation and Amortization				37.1 m
Accounts Receivable	750 k	(116.5 m)	(292.7 m)	122.1 m
Inventories	50.2 m	160.8 m	(483.1 m)	68 m
Accounts Payable	486 m	(177.6 m)	984.7 m	(86.1 m)
Cash From Operating Activities	1.2 b	498.9 m	1.2 b	916.2 m
Purchases of PP&E	(736.9 m)	(624.1 m)	(963.1 m)	(924.2 m)
Cash From Investing Activities	(1.4 b)	60.7 m	(1.1 b)	(1.2 b)
Cash From Financing Activities	(23 m)	(576.8 m)	(162.5 m)	253.5 m

Quarterly

USD	Q1, 2014	Q2, 2015	Q3, 2015	Q1, 2015	Q2, 2016	Q3, 2016	Q1, 2016	Q2, 2017	Q3, 2017
Net Income	72.4 m	52.3 m	72.4 m	131.9 m	78.4 m	5.8 m	86.7 m	20.1 m	(25.7 m)
Depreciation and Amortization	122.4 m	5.8 m	5.7 m	7.8 m	8.6 m	9.7 m	8.3 m	8.8 m	9.2 m
Accounts Receivable	(398.3 m)
Inventories	(100.8 m)	2.1 b	2.3 b	2.5 b	2.3 b	2.3 b	2.5 b	2.5 b	2.7 b
Accounts Payable	441.6 m	3.1 b	3.3 b	3.7 b	3 b	3.2 b	3.9 b	3.3 b	3.6 b
Cash From Operating Activities	189.1 m
Purchases of PP&E	(197.7 m)
Cash From Investing Activities	(190.3 m)
Cash From Financing Activities	(66.7 m)

Ratios

	Y, 2017
Financial Leverage	4.4 x

Jabil Operating Metrics

Jabil's Backlog was reported to be $4.5 b in FY, 2016, which is a 10% decrease from the previous period

	FY, 2014	Q1, 2014	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2015	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2016	Q2, 2017	Q3, 2017
Countries	24	24	24	25	27	28	28	28	28	28	28	28
Backlog	$4.3 m				$5 b				$4.5 b

Jabil Market Value History

Jabil Revenue Breakdown

Jabil Job Categories

Jabil Median Salaries

Source: 180 public H-1B filings from Jabil

Market Position of Jabil

Competitors

Benchmark Electronics

Manufacturing & Industrial - Public

Celestica

Marketing - Public

Compare competitors

Jabil

Company Growth (employees)

Key People at Jabil

Tim Main

Jabil Office Locations

Jabil Data and Metrics

Jabil Financial Metrics

Summary

Revenue (Q3, 2017)

Gross profit (Q3, 2017)

Gross profit margin (Q3, 2017), %

Net income (Q3, 2017)

EBIT (Q3, 2017)

Market capitalization (25-Jul-2017)

Cash (31-May-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Inventories

Current Assets

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Inventories

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities