Market Summary
USD107.73+0.13
Market Closed0.12%
JBL Stock Price
JBL RSI Chart
JBL Valuation
JBL Price/Sales (Trailing)
JBL Profitability
JBL Fundamentals
JBL Revenue
JBL Earnings
Price Action
52 Week Range
55.36117.29
(Low)(High)
Last 7 days
0.8%
Last 30 days
4.4%
Last 90 days
4.1%
Trailing 12 Months
91.6%
JBL Financial Health
JBL Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for JBL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-07-05 | ANSARI ANOUSHEH | sold | -325,825 | 108 | -3,000 | - |
2023-03-22 | BORGES STEVEN D | sold | -707,482 | 83.4 | -8,483 | evp, ceo, dms |
2023-03-22 | McKay Francis | sold | -99,242 | 82.909 | -1,197 | svp, chief procurement officer |
2023-01-31 | Dastoor Michael | sold | -708,578 | 77.8914 | -9,097 | evp, cfo |
2023-01-31 | Katz Robert L | sold | -382,690 | 77.00 | -4,970 | evp, clo & asst corp secretary |
2023-01-26 | Wilson Kenneth S | sold (taxes) | -378,666 | 77.2 | -4,905 | executive vice president |
2023-01-26 | BORGES STEVEN D | sold (taxes) | -378,666 | 77.2 | -4,905 | evp, ceo, dms |
2023-01-26 | Katz Robert L | sold (taxes) | -195,316 | 77.2 | -2,530 | evp, clo & asst corp secretary |
2023-01-26 | Dastoor Michael | sold (taxes) | -455,712 | 77.2 | -5,903 | evp, cfo |
2023-01-24 | BROOKS MARTHA | sold | -1,464,480 | 81.36 | -18,000 | - |
Which funds bought or sold JBL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 109 | 7,629,000 | 12,502,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 7.08 | 10,061 | 42,416 | 0.01% |
2023-09-07 | JAG CAPITAL MANAGEMENT, LLC | added | 31.01 | 127,561 | 338,792 | 0.04% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 41,013 | 41,013 | -% |
2023-08-30 | Western Wealth Management, LLC | new | - | 283,317 | 283,317 | 0.02% |
2023-08-28 | DELPHI MANAGEMENT INC /MA/ | new | - | 1,536,000 | 1,536,000 | 1.60% |
2023-08-24 | INVICTUS PRIVATE WEALTH, LLC | unchanged | - | 99,324 | 542,240 | 0.06% |
2023-08-24 | Alberta Investment Management Corp | reduced | -10.61 | 525,760 | 6,094,920 | 0.06% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 55.82 | 726,004 | 1,507,000 | -% |
2023-08-22 | COMERICA BANK | new | - | 57,000 | 57,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Jabil
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 08, 2023 | blackrock inc. | 10.0% | 13,112,896 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.10% | 14,898,471 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 9.9% | 13,285,823 | SC 13G/A | |
| Mar 10, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 10.33% | 14,886,820 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.6% | 12,313,344 | SC 13G/A | |
| Apr 12, 2021 | vanguard group inc | 10.16% | 15,114,241 | SC 13G/A | |
| Feb 17, 2021 | morean william d | 3.4% | 5,122,513 | SC 13G/A |
Recent SEC filings of Jabil
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 30, 2023 | 8-K | Current Report | |
| Aug 25, 2023 | 8-K | Current Report | |
| Aug 15, 2023 | 8-K | Current Report | |
| Aug 08, 2023 | SC 13G/A | Major Ownership Report | |
| Jul 07, 2023 | 4 | Insider Trading | |
| Jul 05, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 03, 2023 | S-3ASR | S-3ASR | |
| Jun 30, 2023 | 10-Q | Quarterly Report |
JBL Fair Value
Loading...
Peers (Alternatives to Jabil)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
APH | 49.5B | 12.6B | -3.52% | 21.63% | 26.02 | 3.94 | 5.26% | 6.38% |
GLW | 26.5B | 13.3B | -4.50% | 3.01% | 28.4 | 1.93 | -8.71% | -68.18% |
KEYS | 23.3B | 5.6B | 1.23% | -16.61% | 20.6 | 4.16 | 6.17% | 2.08% |
JBL | 14.2B | 35.3B | 4.37% | 91.55% | 14.47 | 0.4 | 10.73% | 14.25% |
ZBRA | - | 5.5B | -14.99% | -14.88% | - | - | -5.22% | 30.78% |
| MID-CAP | ||||||||
DLB | 7.7B | 1.3B | -3.70% | 18.41% | 35.14 | 5.98 | 2.12% | 9.33% |
IPGP | 4.7B | 1.4B | -2.10% | 17.62% | 44.73 | 3.46 | -8.11% | -60.37% |
VSH | 3.4B | 3.5B | -8.64% | 34.93% | 8.16 | 0.97 | 5.02% | 20.13% |
SANM | 3.1B | 9.1B | -3.89% | 16.56% | 10 | 0.34 | 24.00% | 28.81% |
PLXS | 2.5B | 4.3B | -8.57% | 4.11% | 16.76 | 0.58 | 22.08% | 23.25% |
| SMALL-CAP | ||||||||
OSIS | 1.9B | 1.3B | -15.11% | 52.75% | 20.77 | 1.49 | 8.04% | -20.43% |
CTS | 1.3B | 585.4M | -7.65% | 0.80% | 22.49 | 2.23 | 6.90% | 364.82% |
BHE | 861.1M | 3.0B | -3.51% | -2.02% | 12.97 | 0.29 | 14.83% | 36.44% |
NSSC | 841.6M | 168.6M | 1.21% | -20.64% | 25.33 | 4.99 | 24.14% | 88.79% |
LASR | 477.1M | 224.2M | -5.35% | 4.59% | -9.15 | 2.13 | -15.40% | -50.79% |
Jabil News
Returns for JBL
Cumulative Returns on JBL
18.7%
10-Year Cumulative Returns
26.6%
7-Year Cumulative Returns
32.3%
5-Year Cumulative Returns
48.2%
3-Year Cumulative Returns
Risks for JBL
What is the probability of a big loss on JBL?
65.8%
Probability that Jabil stock will be more than 20% underwater in next one year
19.6%
Probability that Jabil stock will be more than 30% underwater in next one year.
19.6%
Probability that Jabil stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does JBL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Jabil was unfortunately bought at previous high price.
Drawdowns
Financials for Jabil
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 0.4% | 35,274 | 35,127 | 34,546 | 33,478 | 31,857 | 30,744 | 30,019 | 29,285 | 29,176 | 28,296 | 27,593 | 27,266 | 26,540 | 26,340 | 26,281 | 25,282 | 24,481 | 23,782 | 23,016 | 22,095 | 21,347 |
| Gross Profit | 2.8% | 2,830 | 2,752 | 2,700 | 2,632 | 2,490 | 2,439 | 2,399 | 2,359 | 2,263 | 2,151 | 2,012 | 1,931 | 1,935 | 1,922 | 1,947 | 1,913 | 1,860 | 1,815 | 1,757 | 1,707 | 1,690 |
| S&GA Expenses | 2.1% | 1,195 | 1,170 | 1,165 | 1,154 | 1,169 | 1,192 | 1,218 | 1,213 | 1,172 | 1,170 | 1,149 | 1,175 | 1,193 | 1,165 | 1,162 | 1,111 | 1,096 | 1,074 | 1,036 | 1,051 | 1,031 |
| R&D Expenses | 0% | 33.00 | 33.00 | 33.00 | 33.00 | 32.00 | 34.00 | 35.00 | 34.00 | 36.00 | 38.00 | 40.00 | 43.00 | 44.00 | 44.00 | 43.00 | 43.00 | 44.00 | 42.00 | 41.00 | 39.00 | 35.00 |
| EBITDA | -100.0% | - | 2,349 | 2,311 | 2,307 | 2,168 | 2,163 | 2,003 | 1,950 | 1,799 | 1,582 | 1,445 | 1,230 | 1,227 | 1,300 | 1,365 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.07* | 0.07* | 0.07* | 0.07* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | - | - | - | - | - | - |
| Interest Expenses | 20.2% | 262 | 218 | 179 | 151 | 138 | 133 | 131 | 130 | 138 | 146 | 161 | 174 | 182 | 190 | 190 | 188 | 178 | 164 | 155 | 149 | 146 |
| Earnings Before Taxes | 2.3% | 1,244 | 1,216 | 1,213 | 1,231 | 1,116 | 1,051 | 976 | 944 | 823 | 623 | 443 | 261 | 248 | 317 | 389 | 451 | 457 | 445 | 431 | 373 | 346 |
| EBT Margin | -100.0% | - | 0.03* | 0.04* | 0.04* | 0.04* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.02* | 0.01* | 0.01* | 0.01* | 0.01* | - | - | - | - | - | - |
| Net Income | 1.6% | 978 | 963 | 978 | 996 | 856 | 807 | 737 | 696 | 589 | 369 | 214 | 54.00 | 39.00 | 133 | 204 | 287 | 177 | 176 | 146 | 86.00 | 189 |
| Net Income Margin | -100.0% | - | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.02* | 0.02* | 0.01* | 0.01* | 0.00* | 0.00* | 0.01* | 0.01* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 713 | 445 | 266 | 158 | 345 | 235 | 274 | 145 | 63.00 | 196 | 274 | 786 | 252 | 301 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.7% | 19,436 | 19,567 | 20,506 | 19,717 | 18,171 | 17,430 | 17,588 | 16,654 | 15,741 | 14,494 | 15,269 | 14,397 | 13,391 | 13,140 | 14,445 | 12,970 | 12,609 | 12,477 | 12,778 | 12,046 | 11,176 |
| Current Assets | -1.2% | 13,609 | 13,781 | 14,678 | 13,908 | 12,472 | 11,867 | 11,812 | 10,877 | 10,260 | 9,144 | 9,847 | 9,135 | 8,266 | 7,978 | 9,252 | 8,345 | 7,974 | 7,906 | 8,221 | 7,550 | 6,732 |
| Cash Equivalents | 23.3% | 1,480 | 1,200 | 1,217 | 1,478 | 1,070 | 1,093 | 1,229 | 1,567 | 1,241 | 838 | 1,108 | 1,394 | 763 | 697 | 720 | 1,163 | 694 | 749 | 804 | 1,258 | 677 |
| Inventory | -6.7% | 6,084 | 6,519 | 6,429 | 6,128 | 5,981 | 5,395 | 4,681 | 4,414 | 3,979 | 3,559 | 3,272 | 3,132 | 3,284 | 3,340 | 3,342 | 3,023 | 3,159 | 3,248 | 3,215 | 2,996 | 3,344 |
| Net PPE | - | - | - | - | - | - | - | - | - | 3,812 | 3,696 | 3,792 | 3,665 | 3,486 | 3,462 | 3,450 | 3,334 | 3,336 | 3,280 | 3,272 | 3,198 | 3,127 |
| Goodwill | 3.8% | 737 | 710 | 708 | 704 | 711 | 719 | 713 | 715 | 719 | 718 | 707 | 697 | 701 | 701 | 678 | 622 | 624 | 627 | 625 | 628 | 631 |
| Liabilities | -1.1% | 16,699 | 16,893 | 17,976 | 17,265 | 15,814 | 15,092 | 15,381 | 14,517 | 13,602 | 12,392 | 13,276 | 12,572 | 11,746 | 11,381 | 12,596 | 11,070 | 10,742 | 10,618 | 10,873 | 10,082 | 8,990 |
| Current Liabilities | -3.7% | 12,796 | 13,282 | 14,372 | 13,697 | 11,942 | 11,714 | 11,965 | 10,683 | 9,847 | 8,842 | 9,662 | 9,059 | 8,768 | 8,405 | 9,562 | 8,532 | 7,867 | 7,752 | 8,035 | 7,231 | 6,581 |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,488 | 2,494 | 2,175 |
| LT Debt, Current | -7.1% | 300 | 323 | 300 | 300 | 1.00 | 501 | 500 | - | 50.00 | 50.00 | 50.00 | 50.00 | 400 | 638 | 375 | 375 | 455 | 175 | - | 25.00 | - |
| LT Debt, Non Current | 11.5% | 2,874 | 2,577 | 2,576 | 2,575 | 2,874 | 2,380 | 2,379 | 2,878 | 2,877 | 2,680 | 2,679 | 2,678 | 2,088 | 2,086 | 2,116 | 2,121 | 2,477 | 2,482 | - | 2,494 | - |
| Shareholder's Equity | 2.3% | 2,736 | 2,674 | 2,530 | 2,451 | 2,357 | 2,338 | 2,207 | 2,137 | 2,139 | 2,102 | 1,994 | 1,825 | 1,645 | 1,759 | 1,849 | 1,900 | 1,867 | 1,859 | 1,906 | 1,962 | 2,186 |
| Retained Earnings | 5.5% | 4,268 | 4,046 | 3,849 | 3,638 | 3,333 | 3,127 | 2,917 | 2,688 | 2,525 | 2,368 | 2,229 | 2,041 | 1,986 | 2,049 | 2,065 | 2,037 | 1,997 | 1,966 | 1,911 | 1,803 | 1,831 |
| Additional Paid-In Capital | 0.6% | 2,758 | 2,742 | 2,696 | 2,655 | 2,622 | 2,608 | 2,567 | 2,533 | 2,491 | 2,488 | 2,446 | 2,414 | 2,380 | 2,364 | 2,332 | 2,305 | 2,279 | 2,265 | 2,236 | 2,219 | 2,191 |
| Accumulated Depreciation | 1.5% | 6,055 | 5,963 | 5,812 | 5,624 | 5,482 | 5,328 | 5,189 | 5,033 | 4,922 | 4,762 | 4,676 | 4,526 | 4,452 | 4,344 | 4,221 | 4,110 | 3,994 | 3,860 | 3,717 | 3,647 | 3,547 |
| Shares Outstanding | -1.4% | 131 | 133 | 134 | 135 | 140 | 144 | 144 | 144 | 148 | 150 | 150 | 150 | 151 | 152 | 153 | 154 | 153 | 155 | 162 | 165 | 171 |
| Minority Interest | 0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 13.00 | 15.00 | 14.00 | 13.00 | 12.00 | 14.00 | 13.00 | 12.00 | 12.00 | 14.00 | 13.00 | 12.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -3.8% | 1,954 | 2,031 | 1,863 | 1,651 | 1,507 | 1,547 | 1,322 | 1,433 | 1,357 | 1,259 | 1,301 | 1,257 | 1,651 | 1,169 | 1,306 | 1,193 | 384 | -133 | -547 | -1,105 | -3,373 |
| Cashflow From Investing | 6.7% | -980 | -1,050 | -961 | -858 | -823 | -696 | -660 | -851 | -885 | -812 | -859 | -921 | -847 | -1,037 | -1,066 | -872 | -349 | 95.00 | 809 | 1,241 | 3,505 |
| Cashflow From Financing | 37.0% | -553 | -878 | -921 | -888 | -875 | -605 | -534 | -413 | 18.00 | -268 | -15.12 | -65.00 | -695 | -162 | -317 | -416 | -19.94 | -145 | -191 | -47.04 | -188 |
| Dividend Payments | -2.2% | 45.00 | 46.00 | 46.00 | 48.00 | 49.00 | 49.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 51.00 | 51.00 | 51.00 | 52.00 | 53.00 | 55.00 | 56.00 | 58.00 | 59.00 |
| Buy Backs | -6.9% | 663 | 712 | 730 | 696 | 641 | 568 | 505 | 428 | 288 | 178 | 169 | 215 | 189 | 168 | 242 | 350 | 484 | 576 | 562 | 450 | 386 |
JBL Income Statement
2023-05-31CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 31, 2023 | May 31, 2022 | May 31, 2023 | May 31, 2022 | |
| Income Statement [Abstract] | ||||
| Net revenue | $ 8,475 | $ 8,328 | $ 26,244 | $ 24,448 |
| Cost of revenue | 7,778 | 7,709 | 24,143 | 22,545 |
| Gross profit | 697 | 619 | 2,101 | 1,903 |
| Operating expenses: | ||||
| Selling, general and administrative | 307 | 282 | 911 | 870 |
| Research and development | 8 | 8 | 25 | 25 |
| Amortization of intangibles | 7 | 8 | 24 | 24 |
| Restructuring, severance and related charges | 0 | 0 | 45 | 0 |
| Operating income | 375 | 321 | 1,096 | 984 |
| Loss on debt extinguishment | 0 | 4 | 0 | 4 |
| Other expense (income) | 18 | 1 | 50 | (2) |
| Interest income | (32) | (1) | (62) | (2) |
| Interest expense | 83 | 39 | 216 | 105 |
| Income before income tax | 306 | 278 | 892 | 879 |
| Income tax expense | 73 | 60 | 229 | 198 |
| Net income | 233 | 218 | 663 | 681 |
| Net income attributable to noncontrolling interests, net of tax | 0 | 0 | 0 | 0 |
| Net income attributable to Jabil Inc. | $ 233 | $ 218 | $ 663 | $ 681 |
| Earnings per share attributable to the stockholders of Jabil Inc.: | ||||
| Basic (in usd per share) | $ 1.76 | $ 1.55 | $ 4.96 | $ 4.77 |
| Diluted (in usd per share) | $ 1.72 | $ 1.52 | $ 4.86 | $ 4.67 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 132.3 | 140.4 | 133.6 | 142.6 |
| Diluted (in shares) | 135.1 | 143.3 | 136.4 | 145.8 |
JBL Balance Sheet
2023-05-31CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | May 31, 2023 | Aug. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,480 | $ 1,478 |
| Accounts receivable, net of allowance for credit losses | 3,599 | 3,995 |
| Contract assets | 1,173 | 1,196 |
| Inventories, net | 6,084 | 6,128 |
| Prepaid expenses and other current assets | 1,273 | 1,111 |
| Total current assets | 13,609 | 13,908 |
| Property, plant and equipment, net of accumulated depreciation of $6,055 as of May 31, 2023 and $5,624 as of August 31, 2022 | 3,919 | 3,954 |
| Operating lease right-of-use asset | 484 | 500 |
| Goodwill | 737 | 704 |
| Intangible assets, net of accumulated amortization of $497 as of May 31, 2023 and $471 as of August 31, 2022 | 150 | 158 |
| Deferred income taxes | 233 | 199 |
| Other assets | 304 | 294 |
| Total assets | 19,436 | 19,717 |
| Current liabilities: | ||
| Current installments of notes payable and long-term debt | 300 | 300 |
| Accounts payable | 6,406 | 8,006 |
| Accrued expenses | 5,964 | 5,272 |
| Current operating lease liabilities | 126 | 119 |
| Total current liabilities | 12,796 | 13,697 |
| Notes payable and long-term debt, less current installments | 2,874 | 2,575 |
| Other liabilities | 311 | 272 |
| Non-current operating lease liabilities | 386 | 417 |
| Income tax liabilities | 205 | 182 |
| Deferred income taxes | 127 | 122 |
| Total liabilities | 16,699 | 17,265 |
| Commitments and contingencies | ||
| Jabil Inc. stockholders’ equity: | ||
| Preferred stock, $0.001 par value, authorized 10,000,000 shares; no shares issued and no shares outstanding | 0 | 0 |
| Common stock, $0.001 par value, authorized 500,000,000 shares; 273,536,549 and 270,891,715 shares issued and 131,351,864 and 135,493,980 shares outstanding as of May 31, 2023 and August 31, 2022, respectively | 0 | 0 |
| Additional paid-in capital | 2,758 | 2,655 |
| Retained earnings | 4,268 | 3,638 |
| Accumulated other comprehensive loss | (11) | (42) |
| Treasury stock at cost, 142,184,685 and 135,397,735 shares as of May 31, 2023 and August 31, 2022, respectively | (4,279) | (3,800) |
| Total Jabil Inc. stockholders’ equity | 2,736 | 2,451 |
| Noncontrolling interests | 1 | 1 |
| Total equity | 2,737 | 2,452 |
| Total liabilities and equity | $ 19,436 | $ 19,717 |
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.