{"schemaVersion":1,"research":true,"symbol":"jbl","name":"Jabil","topic":"moat","path":"/stock/jbl/moat","status":"published","version":4,"updatedAt":"2026-10-18T13:48:34.481Z","locked":false,"publicFairValue":false,"fairValue":null,"moat":{"verdict":"none","summary":"Jabil has customer-specific manufacturing relationships, repeat demand and global operating capabilities, but the disclosed manufacturing processes lack significant proprietary protection and competitors have already increased pricing pressure. These disclosures support a fragile competitive position rather than merely insufficient evidence. Customer integration creates some switching friction, but a durable moat or discretionary pricing power is not established. Improving operating results demonstrate execution, not a moat by themselves.","advantages":[{"mechanism":"switching_costs","claim":"Dedicated customer equipment, personnel and engineering, together with lengthy production ramps, support current program-level switching friction. They do not establish durable customer lock-in.","durability":"Likely strongest during an established production program; the passages do not demonstrate protection across successive product generations.","risks":"Customers can evaluate internal manufacturing and alternative providers. Concentrated customers can exert bargaining power, and Jabil itself bears ramp-up investment and delay costs.","invalidation":"The switching-friction thesis would fail if customers routinely transferred established programs quickly and cheaply, or Jabil repeatedly lost programs despite dedicated production investment.","competitors":[],"evidenceIds":["e1","e2","e13","e15"],"counterEvidenceIds":["e3","e4","e7","e14","e16"]},{"mechanism":"cost_advantage","claim":"Global production and centralized procurement provide useful operating capabilities. The claimed scale economies describe manufacturing outsourcing generally and do not demonstrate a Jabil-specific cost advantage over rivals.","durability":"The footprint is established, but similarly international and well-resourced competitors limit its defensibility.","risks":"Competitor purchasing power has increased pricing pressure. Limited process protection and negotiated materials adjustments constrain Jabil's ability to retain cost savings.","invalidation":"A defensible cost-advantage thesis would require persistent, comparable evidence of lower delivered costs or better procurement economics. Equivalent rival capabilities or repeated price concessions would invalidate it.","competitors":[],"evidenceIds":["e8","e9","e10"],"counterEvidenceIds":["e4","e5","e6","e11","e17"]}],"evidence":[{"id":"e1","sourceId":"filing-1","location":"Business strategy / customer-centric business units","excerpt":"Most of our business units serve a single customer, using dedicated production equipment, workers, supervisors, buyers, planners, and engineers to provide comprehensive, customized manufacturing solutions."},{"id":"e2","sourceId":"filing-1","location":"Risk factors / manufacturing ramp-up","excerpt":"The necessary process to begin manufacturing can be lengthy."},{"id":"e3","sourceId":"filing-1","location":"Risk factors / realized ramp-up cash-flow and operating effects","excerpt":"Because we make capital expenditures during this ramping-up process and do not receive payment until after we produce and ship the customer’s products, any delays or unanticipated costs in the ramping-up process have, and may again have, a significant adverse effect on our cash flows and our results of operations."},{"id":"e4","sourceId":"filing-1","location":"Risk factors / competition and proprietary protection","excerpt":"Our business is highly competitive, and our manufacturing processes are generally not subject to significant proprietary protection."},{"id":"e5","sourceId":"filing-1","location":"Risk factors / competitor purchasing power and pricing pressure","excerpt":"The significant purchasing power and market power of these competitors, many of which are large companies, has and could increase pricing and competitive pressures for us."},{"id":"e6","sourceId":"filing-1","location":"Risk factors / competitor resources and international operations","excerpt":"Most of our competitors have international operations and significant financial resources and some have substantially greater manufacturing, research and development (R&D) and marketing resources."},{"id":"e7","sourceId":"filing-1","location":"Business / competition from customers' manufacturing operations","excerpt":"We also face competition from the manufacturing operations of our current and potential customers, who are continually evaluating the merits of manufacturing products internally against the advantages of outsourcing."},{"id":"e8","sourceId":"filing-1","location":"Business / operating footprint","excerpt":"As of August 31, 2025, our workforce consists of talented and dedicated employees across approximately 100 locations in 30 countries."},{"id":"e9","sourceId":"filing-1","location":"Business strategy / centralized procurement and enterprise system","excerpt":"We believe that our global footprint is strengthened by our centralized procurement process, which, when coupled with our single Enterprise Resource Planning system, provides our customers end-to-end supply chain visibility."},{"id":"e10","sourceId":"filing-1","location":"Business / industry outsourcing scale economies","excerpt":"These cost advantages result from higher utilization of capacity and efficiencies of scale because of diversified product demand and, generally, a greater focus on the components of manufacturing cost."},{"id":"e11","sourceId":"filing-1","location":"Risk factors / contractual pricing adjustments","excerpt":"Most of our significant long-term customer contracts permit quarterly or other periodic prospective adjustments to pricing based on decreases and increases in component prices and other factors; however, we could bear the risk of component price increases that occur between any such re-pricings or, if such re-pricing is not permitted, during the balance of the term of the particular customer contract."},{"id":"e12","sourceId":"filing-2","location":"Condensed consolidated statements of operations / three and nine months ended May 31, 2026","excerpt":"AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except for per share data) (Unaudited) Three months ended Nine months ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025 Net revenue $ 8,751 $ 7,828 $ 25,338 $ 21,550 Cost of revenue 7,923 7,147 23,022 19,687 Gross profit 828 681 2,316 1,863 Operating expenses: Selling, general and administrative 340 274 1,013 835 Research and development 9 7 23 22 Amortization of intangibles 23 17 65 45 Restructuring, severance and related charges 7 16 88 144 Loss (gain) from the divestiture of businesses 1 (45) 1 (45) Acquisition and divestiture related charges 3 9 24 17 Operating income 445 403 1,102 845 Loss on securities — 46 — 46 Other expense 28 30 88 74 Interest expense, net 51 37 128 112 Income before income tax 366 290 886 613 Income tax expense 91 68 243 174 Net income 275 222 643 439 Net loss attributable to noncontrolling interests, net of tax — — (1) — Net income attributable to Jabil Inc."},{"id":"e13","sourceId":"filing-2","location":"MD&A / quarterly Intelligent Infrastructure existing-customer revenue","excerpt":"Specifically, the Intelligent Infrastructure segment net revenue increased 21% primarily due to: (i) a 10% increase in revenues from existing customers within our networking and communications business, (ii) a 8% increase in revenues from existing customers within our cloud and data center infrastructure business, and (iii) a 3% increase in revenues from existing customers within our capital equipment business."},{"id":"e14","sourceId":"filing-2","location":"MD&A / quarterly connected living existing-customer revenue decline","excerpt":"The increase was partially offset by a 8% decrease in revenues from existing customers within our connected living business."},{"id":"e15","sourceId":"filing-2","location":"MD&A / nine-month Regulated Industries existing-customer revenue","excerpt":"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."},{"id":"e16","sourceId":"filing-1","location":"Concentration of risk / fiscal 2025 customer concentration","excerpt":"For fiscal year 2025, the Company’s five largest customers accounted for approximately 36% of its net revenue and 87 customers accounted for approximately 90% of its net revenue."},{"id":"e17","sourceId":"filing-1","location":"MD&A / negotiated materials pricing adjustments","excerpt":"While we periodically negotiate cost of materials adjustments with our customers, rising component and material prices may negatively affect our margins."},{"id":"e18","sourceId":"filing-1","location":"Liquidity and capital resources / historical dividends and repurchases","excerpt":"Dividends and Share Repurchases Following is a summary of the dividends and share repurchases for the fiscal years indicated below (in millions): 44 Table of Contents Dividends Paid(1) Share Repurchases(2) Total Fiscal years 2016 – 2022 $ 381 $ 2,592 $ 2,973 Fiscal year 2023 $ 45 $ 487 $ 532 Fiscal year 2024 $ 42 $ 2,500 $ 2,542 Fiscal year 2025 $ 36 $ 1,000 $ 1,036 Total $ 504 $ 6,579 $ 7,083 (1)The difference between dividends declared and dividends paid is due to dividend equivalents for unvested restricted stock units that are paid at the time the awards vest."},{"id":"e19","sourceId":"filing-2","location":"Notes payable and long-term debt / balances and January 2026 issuance","excerpt":"Notes Payable and Long-Term Debt Notes payable and long-term debt outstanding as of May 31, 2026, and August 31, 2025, are summarized below (in millions): Maturity Date May 31, 2026 August 31, 2025 3.950% Senior Notes Jan 12, 2028 $ 499 $ 499 3.600% Senior Notes Jan 15, 2030 498 498 3.000% Senior Notes Jan 15, 2031 595 595 1.700% Senior Notes(1) Apr 15, 2026 — 499 4.250% Senior Notes May 15, 2027 499 497 5.450% Senior Notes Feb 1, 2029 298 297 4.200% Senior Notes(1) Feb 1, 2029 497 — 4.750% Senior Notes(1) Feb 1, 2033 492 — Borrowings under credit facilities and other(2) Jun 18, 2030 — — Total notes payable and long-term debt 3,378 2,885 Less current installments of notes payable and long-term debt 499 499 Notes payable and long-term debt, less current installments $ 2,879 $ 2,386 (1)On January 23, 2026, the Company issued $500 million aggregate principal amount of 4.200% Senior Notes due 2029 (the “4.200% Senior Notes”) and $500 million aggregate principal amount of 4.750% Senior Notes due 2033 (the “4.750% Senior Notes”) in an underwritten public offering."},{"id":"e20","sourceId":"filing-2","location":"Stockholders' equity / actual issuance, vesting and treasury purchases","excerpt":"The following represents the stock-based compensation information as of the period indicated (in millions): May 31, 2026 Unrecognized stock-based compensation expense – restricted stock units $ 78 Remaining weighted-average period for restricted stock units expense 1.4 years Common Stock Outstanding The following represents the common stock outstanding for the periods indicated: Three months ended Nine months ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025 Common stock outstanding: Beginning balances 105,818,234 109,539,804 107,480,895 113,744,167 Shares issued under employee stock purchase plan 9 — 210,759 355,851 Vesting of restricted stock 2,517 938 1,104,276 1,089,969 Purchases of treasury stock under employee stock plans (603) (297) (315,712) (324,288) Treasury shares purchased (995,855) (2,221,608) (3,655,916) (7,546,862) Ending balances 104,824,302 107,318,837 104,824,302 107,318,837 12 Table of Contents Treasury Shares Purchased The Company repurchases shares of its common stock under share repurchase programs authorized by the Company’s Board of Directors."},{"id":"e21","sourceId":"filing-2","location":"Liquidity and capital resources / May 31, 2026 cash","excerpt":"As of May 31, 2026, we had approximately $1.4 billion in cash and cash equivalents, of which a significant portion was held by our foreign subsidiaries."},{"id":"e22","sourceId":"filing-3","location":"Compensation discussion / established fiscal 2025 incentive metrics","excerpt":"In fiscal year 2025, we established threshold and target levels of corporate core operating income, corporate core operating income margin and corporate free cash flow that applied to annual cash incentives and established certain earnings per share growth targets over a three-year performance period required for performance-based equity awards to vest."},{"id":"e23","sourceId":"filing-3","location":"Compensation discussion / granted relative-return equity awards","excerpt":"We also granted equity awards that vest based on total stockholder return relative to the S&P Composite1500 Technology Hardware and Equipment Index for a three-year performance period."},{"id":"e24","sourceId":"filing-3","location":"Stock vested in fiscal year 2025 / actual executive vesting","excerpt":"Stock Awards Name Number of Shares Acquired on Vesting (#) Value Realized on Vesting ($)(1) Dastoor 43,506 5,424,479 Mondello 227,376 28,337,598 Hebard 6,534 816,676 Borges 42,933 5,352,109 Priestley 19,303 2,907,876 (1) The value realized upon vesting is determined by multiplying the number of shares that vested by Jabil’s closing stock price per share on the day prior to the vesting date."},{"id":"e25","sourceId":"filing-3","location":"Compensation matters / independent compensation committee","excerpt":"The compensation program for our NEOs is composed of the following features, among others: • Our Compensation Committee is composed solely of independent directors."},{"id":"e26","sourceId":"filing-3","location":"Corporate governance / independent executive sessions","excerpt":"Executive Sessions The independent directors of the Board meet at least once annually in executive session without management present."},{"id":"e27","sourceId":"filing-3","location":"Corporate governance / adopted related-party transaction policy","excerpt":"Jabil Inc. 2026 Proxy Statement 13 Table of Contents Related Party Transactions Related Party Transactions Policy Our Board of Directors has adopted a written policy governing the approval of related party transactions."},{"id":"e28","sourceId":"filing-3","location":"Compensation policies / adopted executive cash-severance policy","excerpt":"Cash Severance Policy for Executive Officers In October 2024, we adopted a cash severance policy (Severance Policy), which provides that we will not enter into any new employment agreement, severance agreement, or separation agreement with any executive officer, or establish any new severance plan or policy covering any executive officer, in each case that provides for “cash severance benefits” (as defined in the Severance Policy) exceeding 2.99 times the sum of the executive officer’s base salary plus target bonus, unless we seek stockholder ratification of such agreement, plan, or policy."},{"id":"e29","sourceId":"filing-3","location":"Compensation policies / change-in-control vesting","excerpt":"In the event of a change in control, any award outstanding under the Equity Incentive Plan will become fully vested on the earlier of (i) the applicable vesting date under the original vesting schedule, (ii) the first anniversary of the date of the change in control if the grantee has remained as an employee, consultant or non-employee director, or (iii) the date the grantee is terminated without cause or resigns for good reason."},{"id":"e30","sourceId":"filing-3","location":"Board opposition to written-consent proposal / existing shareholder rights","excerpt":"Importantly, our stockholders already have the ability to call special meetings of stockholders and the ability to nominate director candidates through the Company’s proxy access bylaw—both of which provide stockholders with effective means to voice their views."},{"id":"e31","sourceId":"filing-2","location":"Business divestitures / realized Italy disposal loss","excerpt":"As a result of the transaction, the Company derecognized net assets of approximately $36 million and recorded a pre-tax loss of $97 million during the three months ended August 31, 2025."},{"id":"e32","sourceId":"filing-2","location":"Business divestitures / cash paid to Italy buyer","excerpt":"As part of the terms of the agreement, the Company also paid cash consideration of $63 million to the buyer."},{"id":"e33","sourceId":"filing-2","location":"MD&A / substantially completed 2025 restructuring plan","excerpt":"The 2025 Restructuring Plan, totaling approximately $200 million in pre-tax restructuring and other related costs, was substantially complete as of November 30, 2025."},{"id":"e34","sourceId":"filing-1","location":"MD&A / fiscal 2024 product-quality liability charges","excerpt":"Charges recorded during the fiscal year ended August 31, 2024, related to costs associated with product quality liabilities."}],"changes":["Changed uncertain to none: explicit limited proprietary protection, established rival capabilities and realized competitive pricing pressure outweigh the candidate switching and scale advantages.","Added criterion-level assessments using actual operating results, contractual repricing provisions, granted incentives, executive vesting and adopted governance policies."],"limitations":["All evidence is issuer-supplied. General claims of competitiveness, customer savings and scale benefits are not comparative proof.","Competition passages identify generic provider categories and customer internal operations. Named stock-performance and compensation peers are not established as service-specific competitors; competitor arrays therefore remain empty.","Existing-customer revenue supports repeat demand indirectly; it does not establish retention rates, program transfer costs or exclusivity.","Actual product-price changes and achieved cost pass-through are not disclosed. Improving margins cannot isolate pricing from volume, mix, utilization or restructuring.","The supplied proxy establishes incentive terms and actual vesting, but does not provide sufficient beneficial-ownership detail to assess executives' total economic exposure.","Sources retain dateKind filed. The December 12, 2025 proxy's proposed elections and anticipated leadership changes are not treated as completed outcomes; the latest supplied operating period ends May 31, 2026."],"qualityAssessments":[{"category":"moat","checks":[{"criterion":"structural_advantage","grade":1,"rationale":"Customer-specific production provides some friction, but manufacturing processes generally lack significant proprietary protection and rivals possess comparable global resources.","evidenceIds":["e1","e4","e6","e8"]},{"criterion":"durability","grade":1,"rationale":"Lengthy ramps may protect an existing program temporarily. Internal manufacturing alternatives and realized rival pricing pressure weaken protection across product cycles.","evidenceIds":["e2","e3","e5","e7"]},{"criterion":"customer_dependency","grade":2,"rationale":"Dedicated operations and existing-customer growth support operational reliance indirectly. Customer concentration and declining connected living demand prevent a stronger assessment of customer dependence on Jabil.","evidenceIds":["e1","e13","e14","e15","e16"]},{"criterion":"erosion_resilience","grade":1,"rationale":"Improving results provide a positive counterweight, but limited process protection and existing competitive pricing pressure indicate fragile structural defenses.","evidenceIds":["e4","e5","e6","e12"]}]},{"category":"pricing_power","checks":[{"criterion":"realized_pricing","grade":null,"rationale":"Competitive pricing pressure is disclosed, but actual selling-price changes and achieved pass-through outcomes are absent. Neither that pressure nor aggregate margin improvement establishes realized pricing outcomes.","evidenceIds":["e5","e11","e12","e17"]},{"criterion":"retention","grade":2,"rationale":"Existing-customer growth across infrastructure and regulated businesses demonstrates repeat demand indirectly, while connected living declines show uneven demand. No retention rate or evidence that customers accepted higher prices is supplied.","evidenceIds":["e1","e13","e14","e15"]},{"criterion":"margin_resilience","grade":2,"rationale":"Nine-month gross profit and operating income increased faster than revenue, supporting observed resilience. Ramp-up losses and historical product-quality charges temper this evidence; the improvement cannot be attributed specifically to pricing.","evidenceIds":["e12","e3","e34"]},{"criterion":"contractual_freedom","grade":2,"rationale":"Most significant long-term contracts permit periodic prospective repricing in both directions. This offers cost-adjustment flexibility, but timing gaps, exceptions and negotiation constrain unilateral pricing freedom.","evidenceIds":["e11","e17"]}]},{"category":"strong_management","checks":[{"criterion":"capital_discipline","grade":2,"rationale":"Executed repurchases reduced shares despite employee issuance, demonstrating capital-return execution. Higher debt, lower cash and a disposal requiring cash payment with a realized loss make discipline mixed; buyback value creation and acquisition returns are not established.","evidenceIds":["e18","e19","e20","e21","e31","e32"]},{"criterion":"incentive_alignment","grade":3,"rationale":"Established cash-flow and operating-performance incentives, granted three-year relative-return awards and actual executive stock vesting demonstrate meaningful alignment. Adjusted EPS metrics can benefit from repurchases, and change-in-control provisions allow accelerated vesting. Total executive ownership is unavailable.","evidenceIds":["e22","e23","e24","e20","e29"]},{"criterion":"execution","grade":3,"rationale":"Reported revenue and operating-income growth, existing-customer expansion and substantial completion of the restructuring plan demonstrate execution. This is indirect operating evidence rather than proof of management causality; connected living declines and the Italy disposal loss temper the record.","evidenceIds":["e12","e13","e15","e33","e14","e31"]},{"criterion":"governance","grade":2,"rationale":"An independent compensation committee, executive sessions, an adopted related-party policy and a severance cap provide concrete safeguards. Shareholder rights described in the board's opposition statement are issuer disclosures; these passages do not demonstrate exceptional oversight effectiveness or establish adoption of the written-consent proposal.","evidenceIds":["e25","e26","e27","e28","e30"]}]}],"financialAssessments":[],"qualityPolicy":"quality-scores-2","sourcePolicy":"issuer-evidence-4","basisHash":"9197d59b704ccb338df5aab82fac7a52225a122fadaa4f9a0f8641bd233856fd","updatedAt":"2026-10-18T13:48:34.481Z","sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828025045293/jbl-20250831.htm","publishedAt":"2025-10-17","sha256":"c28073ebc9616a553e0eab0c4f1f8772a6c5f8ac90c2379dd2c64337e2c6602f","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828026046138/jbl-20260531.htm","publishedAt":"2026-06-30","sha256":"6df2fbe3aff55e93e204e4f0638c61107b83443859eb9832216bce081c90648b","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/898293/000119312525316927/d946966ddef14a.htm","publishedAt":"2025-12-12","sha256":"a7f3c77d629281be91bd978d43be09f77eea20bef2edfecc122f543036568876","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828024043960/jbl-20240831.htm","publishedAt":"2024-10-28","sha256":"2d90ed662768bbab41a8017cd1b976bfeffcc44e38fe0ab440be2f64487cc5ee","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/898293/000119312523259599/d533726d10k.htm","publishedAt":"2023-10-20","sha256":"6ee4b51fc1c526b86c1a33b1ac4337c17d33b34a7ca36cb8cb27952ecc0943c6","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828026024148/jbl-20260228.htm","publishedAt":"2026-04-08","sha256":"4a01734f9e01fea26024e950df00939a76a77befdf4e12697667332331294ff6","dateKind":"filed"}],"model":"gpt-6.1-sol","providerId":"codex:c320d364ed364876c09bedbc0ed4036d8e11025c8180fd97821aadf9d064e2c5","usage":{"input_tokens":85374,"cached_input_tokens":21120,"cache_write_input_tokens":0,"output_tokens":3612,"reasoning_output_tokens":370},"basisSupplement":{"previousHash":"b312e32b656e1a42923dd5930b4f805a7605bf9e4de1d15fb88d81255844b2b6","checkedAt":"2026-10-18T16:49:32.080Z","rule":"dated historical and missing inputs only; accepted observations and research date retained"}},"signals":[{"period":"2021","end":"2021-08-31","values":{"gross_margin":8.055318422400546,"operating_margin":3.602526890899778,"roic":23.60883493431535,"fcf_margin":0.9356325764043025,"sbc_revenue":null},"issues":{"sbc":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","sbc_fcf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_ocf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_revenue":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2022","end":"2022-08-31","values":{"gross_margin":7.8618794432164405,"operating_margin":4.160941513829978,"roic":30.891432743300467,"fcf_margin":0.7945516458569807,"sbc_revenue":null},"issues":{"sbc":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","sbc_fcf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_ocf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_revenue":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2023","end":"2023-08-31","values":{"gross_margin":8.261771655812346,"operating_margin":4.429139530862774,"roic":25.58748713010041,"fcf_margin":2.0287015157627803,"sbc_revenue":null},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","sbc":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","sbc_fcf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_ocf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_revenue":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2024","end":"2024-08-31","values":{"gross_margin":9.264965550669944,"operating_margin":6.969497628362705,"roic":50.226148932028046,"fcf_margin":3.2268116192916243,"sbc_revenue":null},"issues":{"sbc":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","sbc_fcf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_ocf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_revenue":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","roiic":"Invested capital did not increase versus the prior year. ROIIC requires a positive increase.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2025","end":"2025-08-31","values":{"gross_margin":8.878598751761627,"operating_margin":3.9661767666599554,"roic":35.643752495742895,"fcf_margin":3.9326219716797532,"sbc_revenue":null},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","sbc":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","sbc_fcf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_ocf":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","sbc_revenue":"The reported inputs required for this metric are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}}],"sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828025045293/jbl-20250831.htm","publishedAt":"2025-10-17","sha256":"c28073ebc9616a553e0eab0c4f1f8772a6c5f8ac90c2379dd2c64337e2c6602f","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828026046138/jbl-20260531.htm","publishedAt":"2026-06-30","sha256":"6df2fbe3aff55e93e204e4f0638c61107b83443859eb9832216bce081c90648b","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/898293/000119312525316927/d946966ddef14a.htm","publishedAt":"2025-12-12","sha256":"a7f3c77d629281be91bd978d43be09f77eea20bef2edfecc122f543036568876","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828024043960/jbl-20240831.htm","publishedAt":"2024-10-28","sha256":"2d90ed662768bbab41a8017cd1b976bfeffcc44e38fe0ab440be2f64487cc5ee","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/898293/000119312523259599/d533726d10k.htm","publishedAt":"2023-10-20","sha256":"6ee4b51fc1c526b86c1a33b1ac4337c17d33b34a7ca36cb8cb27952ecc0943c6","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/898293/000162828026024148/jbl-20260228.htm","publishedAt":"2026-04-08","sha256":"4a01734f9e01fea26024e950df00939a76a77befdf4e12697667332331294ff6","dateKind":"filed"}],"history":[{"version":4,"updatedAt":"2026-10-18T16:49:32.080Z","verdict":"none","value":null},{"version":3,"updatedAt":"2026-10-18T16:35:43.872Z","verdict":"none","value":null},{"version":2,"updatedAt":"2026-10-18T02:27:49.793Z","verdict":"uncertain","value":null},{"version":1,"updatedAt":"2026-10-18T02:18:02.026Z","verdict":null,"value":null}],"hasRequested":false,"requestStatus":"completed","researchIssue":null,"archivedMoat":null,"scope":"supported_catalog"}