Jabil Inc. (JBL)财务
NYSE · Technology · Hardware, Equipment & Parts · 员工140,000人 · CEO Michael Dastoor
- 股价
- $272.72 -5.23%
- 市值
- $281亿
- 企业价值
- $304亿
- 最近财报
- Q4 '26 2026-10-23提交
- 下次财报
- 2026-12-16 EPS预期 $4.10
营收(TTM)$360亿+20.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)4.8%+0.8 百分点 对比去年同期营业利润 $17.2亿
净利润(TTM)$10.4亿+58.6% 对比去年同期税后,含营业外收益
自由现金流(TTM)$17.2亿+47.0% 对比去年同期资本支出 $2.79亿
稀释EPS(TTM)$9.78+64.1% 对比去年同期最近4个季度之和
净现金-$22.8亿-59.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $281亿 EV $304亿
- 营收
- $360亿 过去12个月
- 营收增速
- +24% FY2027年一致预期
- 净利润率
- 2.9% 净利润 / 营收,TTM
- P/E
- 27.6× 预期 15.4×(FY2027)
- P/S
- 0.8× 股价 / 营收,TTM
- EV / EBITDA
- 13.5× TTM
- 自由现金流
- $17.2亿 过去12个月
- 净利润
- $10.4亿 过去12个月
- 营收预期
- $447亿 FY2027年一致预期
- 盈利
- 2026-12-16 营收预期 $110亿
- 股息
- $0.32 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-09-30):营收超预期9.3%,EPS 超预期8.1%营收$106亿,预期$97.1亿(+9.3%);EPS $4.40,预期$4.07(+8.1%)。
- 营收增长加速:同比28.6%Q4 '26营收$106亿,此前四个季度的平均值为18.0%。
- 营业利润率4.8%(TTM),较去年同期+0.8 百分点营收增长20.6%,营业利润增长45.3%。
- 税前利润的21.9%被营业外亏损吞噬税前利润$14.1亿,营业利润$17.2亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的0.8%(去年为1.6%)最近4个季度投入$2.79亿(同比-40.4%)。自由现金流$17.2亿,相当于净利润的165.4%。
- 股东回报$10.9亿 = 自由现金流的63.3%回购$10.6亿(去年为$10亿),股息$3500万,股权激励$2.28亿(TTM)。
- 稀释股数一年内减少2.9%Q4 '26稀释股数1.06亿,一年前为1.09亿。
- 净债务 $22.8亿现金 + 短期投资 $17.4亿,含租赁债务 $40.2亿;一年前净债务 $14.3亿。
上一季度:Q4 '26
截至2026-08-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q4 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $106亿 | $82.5亿 | +28.6% |
| 毛利率 | 9.4% | 9.5% | -0.1 百分点 |
| 营业利润 | $6.02亿 | $3.37亿 | +78.6% |
| 营业利润率 | 5.7% | 4.1% | +1.6 百分点 |
| 净利润 | $3.98亿 | $2.18亿 | +82.6% |
| 稀释EPS | $3.76 | $1.99 | +88.9% |
| 经营现金流 | $7.33亿 | $5.88亿 | +24.7% |
| 资本支出 | $9500万 | $1.69亿 | -43.8% |
| 自由现金流 | $6.38亿 | $4.19亿 | +52.3% |
| R&D | $700万 | $400万 | +75.0% |
| 股权激励费用 | $1.4亿 | $2300万 | +508.7% |
实际 vs 一致预期
2026-09-30| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $106亿 | $97.1亿 | +9.3% |
| EPS(一致预期口径) | $4.40 | $4.07 | +8.1% |
来自2026-09-30发布的Q4 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Intelligent Infrastructure | $58.2亿 | +55.6% | 54.8% | $179亿 | +45.1% | |
| Regulated Industries | $34.1亿 | +9.2% | 32.2% | $127亿 | +6.9% | |
| Connected Living and Digital Commerce | $13.8亿 | -0.4% | 13.0% | $53.9亿 | -3.9% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q4 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Regulated Industries | – | – | $1.97亿 | -3.9% | – | – | $6.99亿 |
| Intelligent Infrastructure | – | – | $3.8亿 | +71.2% | – | – | $10.7亿 |
| Connected Living And Digital Commerce | – | – | $9800万 | +6.5% | – | – | $3.01亿 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $20亿
- 资本支出
- -$2.79亿
- 股票回购
- -$10.6亿
- 股息
- -$3500万
- 收购
- -$8.08亿
- 债务净发行
- $7.53亿
- 股权激励费用
- $2.28亿
- 自由现金流
- $17.2亿
- 股东回报 / FCF
- 63.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 27.6× | 20.4× | 8.6× – 34.1× |
| EV / EBITDA | 13.5× | 9.3× | 4.5× – 16.6× |
| EV / 营收 | 0.8× | 0.6× | 0.3× – 1.0× |
| 股价 / FCF | 16.3× | 22.1× | 14.4× – 32.0× |
| 股价 / 净资产 | 17.7× | 10.3× | 3.5× – 20.0× |
| FCF收益率 | 6.1% | 4.8% | 3.1% – 7.0% |
| 投入资本回报率 | 19.9% | 19.2% | 14.6% – 28.2% |
| 净资产收益率 | 74.1% | 51.4% | 28.5% – 79.9% |
分析师
一致目标价 $434.75 (+59.4%)
区间 $375.00 – $475.00 · 评级 Buy
强烈买入1
买入13
持有9
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $447亿 | +24.5% | $17.68 | +81.3% | 15.4× | 5 |
| FY2028 | $517亿 | +15.5% | $22.05 | +24.7% | 12.4× | 5 |
| FY2029 | $574亿 | +11.1% | $26.89 | +21.9% | 10.1× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Jabil Inc.在近期10-Q / 10-K文件中标记的全部317项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $3800万 | – | – | |
| – | – | – | $1800万 | – | – | |
| – | – | – | $1900万 | – | – | |
| Accounts and Other Receivables, Net, Current | $65.1亿 | $40.4亿 | +61.3% | $65.1亿 | $40.4亿 | +61.3% |
| Accounts Payable, Current | $144亿 | $79.4亿 | +82.0% | $144亿 | $79.4亿 | +82.0% |
| Accrued Liabilities, Current | $66.2亿 | $51.9亿 | +27.7% | $66.2亿 | $51.9亿 | +27.7% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $51.8亿 | $49.7亿 | +4.2% | $51.8亿 | $49.7亿 | +4.2% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$1200万 | -$1700万 | +29.4% | -$1200万 | -$1700万 | +29.4% |
| Additional Paid in Capital, Common Stock | $32.6亿 | $30.5亿 | +6.8% | $32.6亿 | $30.5亿 | +6.8% |
| Amortization of Intangible Assets | $2400万 | $1700万 | +41.2% | $8900万 | $6200万 | +43.5% |
| Assets | $274亿 | $185亿 | +48.0% | $274亿 | $185亿 | +48.0% |
| Assets for Plan Benefits, Defined Benefit Plan | $4400万 | $1300万 | +238.5% | $4400万 | $1300万 | +238.5% |
| Assets, Current | $215亿 | $137亿 | +56.9% | $215亿 | $137亿 | +56.9% |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $1.05亿 | $5500万 | +90.9% |
| Capitalized Contract Cost, Amortization | – | – | – | $5200万 | $6200万 | -16.1% |
| Capitalized Contract Cost, Net | $7700万 | $9800万 | -21.4% | $7700万 | $9800万 | -21.4% |
| Cash and Cash Equivalents, at Carrying Value | $17.4亿 | $19.3亿 | -10.0% | $17.4亿 | $19.3亿 | -10.0% |
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $100万2025-08-31 | -$1100万 | +109.1% | -$1500万2025-08-31 | -$800万 | -87.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $17.4亿 | $19.3亿 | -10.0% | $17.4亿 | $19.3亿 | -10.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.79亿 | $4.1亿 | -7.6% | -$1.94亿 | -$2.68亿 | +27.6% |
| Common Stock, Dividends, Per Share, Declared | $0.08 | $0.08 | 0.0% | $0.322018-08-31 | $0.32 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 5亿 | 5亿 | 0.0% | 5亿 | 5亿 | 0.0% |
| Common Stock, Shares, Issued | 2.8亿 | 2.78亿 | +0.5% | 2.8亿 | 2.78亿 | +0.5% |
| Common Stock, Shares, Outstanding | 1.04亿 | 1.07亿 | -2.8% | 1.04亿 | 1.07亿 | -2.8% |
| Common Stock, Value, Issued | $0 | $0 | – | $0 | $0 | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | -$100万 | $0 | – | -$200万 | $0 | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $4.06亿 | $2.11亿 | +92.4% | $10.5亿 | $6.86亿 | +52.6% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $4.05亿 | $2.11亿 | +91.9% | $10.5亿 | $6.86亿 | +52.3% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $13亿 | $10.6亿 | +22.6% | $13亿 | $10.6亿 | +22.6% |
| Contract with Customer, Liability, Current | $11.1亿 | $10.2亿 | +9.0% | $11.1亿 | $10.2亿 | +9.0% |
| Contract with Customer, Liability, Revenue Recognized | $1.27亿 | $1.18亿 | +7.6% | $6.56亿 | $5.92亿 | +10.8% |
| Cost of Goods and Services Sold | $96.2亿 | $74.7亿 | +28.7% | $326亿 | $272亿 | +20.2% |
| Cost of Property Repairs and Maintenance | – | – | – | $2.71亿2025-08-31 | $3.35亿 | -19.1% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | -$1600万 | +100.0% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $3.65亿 | $3.56亿 | +2.5% |
| Current Income Tax Expense (Benefit) | – | – | – | $3.87亿 | $3.55亿 | +9.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $2200万 | $1500万 | +46.7% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | $1600万2025-08-31 | $5000万 | -68.0% | $1600万2025-08-31 | $5000万 | -68.0% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$1600万 | -$1500万 | -6.7% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$600万 | -$1亿 | +94.0% |
| Deferred Income Tax Assets, Net | $1.78亿 | $1.41亿 | +26.2% | $1.78亿 | $1.41亿 | +26.2% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$1900万 | -$1.2亿 | +84.2% |
| Deferred Income Tax Liabilities, Net | $1.44亿 | $8000万 | +80.0% | $1.44亿 | $8000万 | +80.0% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $300万 | -$500万 | +160.0% |
| Deferred Tax Asset, Interest Carryforward | $1100万2025-08-31 | $1900万 | -42.1% | $1100万2025-08-31 | $1900万 | -42.1% |
| Deferred Tax Assets, Capital Loss Carryforwards | $1900万 | $3200万 | -40.6% | $1900万 | $3200万 | -40.6% |
| Deferred Tax Assets, Gross | $7.3亿 | $6.43亿 | +13.5% | $7.3亿 | $6.43亿 | +13.5% |
| Deferred Tax Assets, Inventory | $4800万 | $2800万 | +71.4% | $4800万 | $2800万 | +71.4% |
| Deferred Tax Assets, Net | $3400万 | $6100万 | -44.3% | $3400万 | $6100万 | -44.3% |
| Deferred Tax Assets, Net of Valuation Allowance | $3.28亿 | $2.43亿 | +35.0% | $3.28亿 | $2.43亿 | +35.0% |
| Deferred Tax Assets, Operating Loss Carryforwards | $2.2亿 | $2.27亿 | -3.1% | $2.2亿 | $2.27亿 | -3.1% |
| Deferred Tax Assets, Other | $4900万 | $6400万 | -23.4% | $4900万 | $6400万 | -23.4% |
| Deferred Tax Assets, Property, Plant and Equipment | $7900万 | $3400万 | +132.4% | $7900万 | $3400万 | +132.4% |
| Deferred Tax Assets, Tax Credit Carryforwards, Foreign | $500万2025-08-31 | $900万 | -44.4% | $500万2025-08-31 | $900万 | -44.4% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Compensated Absences | $1600万2025-08-31 | $1400万 | +14.3% | $1600万2025-08-31 | $1400万 | +14.3% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $800万2025-08-31 | $1100万 | -27.3% | $800万2025-08-31 | $1100万 | -27.3% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities | $1.62亿 | $1.47亿 | +10.2% | $1.62亿 | $1.47亿 | +10.2% |
| Deferred Tax Assets, Valuation Allowance | $4.02亿 | $4亿 | +0.5% | $4.02亿 | $4亿 | +0.5% |
| Deferred Tax Liabilities, Gross | $2.94亿 | $1.82亿 | +61.5% | $2.94亿 | $1.82亿 | +61.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-K 2026-08-31, 10-Q 2026-05-31, 10-Q 2026-02-28, 10-Q 2025-11-30, 10-K 2025-08-31, 10-Q 2025-05-31, 10-Q 2025-02-28, 10-Q 2024-11-30, 10-K 2024-08-31
数据截至 2026-11-02