Jabil Inc. (JBL) Balance Sheet
JBL balance sheet, FY2026
August 31, 2026 · U.S. dollars$27.43B assets = $25.82B liabilities + $1.62B equity
Both columns are drawn to the same scale: what JBL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
JBL financial health
Current ratio0.99
Tight · current assets cover current liabilities 0.99×
Debt / equity2.49
High leverage · $2.49 of debt for each $1 of equity
Equity / assets5.9%
Thin equity · of assets funded by shareholders
Cash / debt43.3%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles6.7%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
JBL balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $11.10BFY2017 | $27.43BFY2026 | +10.6%/yr | |
| Total liabilities | $8.73BFY2017 | $25.82BFY2026 | +12.8%/yr | |
| Shareholders’ equity | $2.35BFY2017 | $1.61BFY2026 | −4.1%/yr | |
| Cash & short-term investments | $1.19BFY2017 | $1.74BFY2026 | +4.3%/yr | |
| Total debt | $2.08BFY2017 | $4.02BFY2026 | +7.6%/yr | |
| Net cash (debt) | −$888.2MFY2017 | −$2.28BFY2026 | −$1.4B | |
| Working capital | −$243.9MFY2017 | −$153.0MFY2026 | +$90.9M | |
| Book value per share | $12.66FY2017 | $15.09FY2026 | +2.0%/yr | |
| Current ratio | 0.96FY2017 | 0.99FY2026 | +0.03 | |
| Debt / equity | 0.88FY2017 | 2.49FY2026 | +1.61 | |
| Shares outstanding | 185.8MFY2017 | 106.9MFY2026 | −6.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
JBL assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
JBL liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
JBL debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
JBL balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.74B | $1.93B | $2.20B | $1.80B | $1.48B | $1.57B | $1.39B | $1.16B | $1.26B | $1.19B |
| Cash & equivalents | $1.74B | $1.93B | $2.20B | $1.80B | $1.48B | $1.57B | $1.39B | $1.16B | $1.26B | $1.19B |
| Short-term investments | — | $27.0M | $27.0M | $25.0M | $16.0M | $18.0M | $16.6M | $14.1M | $0 | $0 |
| Receivables | $7.81B | $5.10B | $4.60B | $4.68B | $5.19B | $4.14B | $3.95B | $3.66B | $1.69B | $1.40B |
| Inventory | $7.41B | $4.68B | $4.28B | $5.21B | $6.13B | $4.41B | $3.13B | $3.02B | $3.46B | $2.94B |
| Other current assets | $4.56B | $2.01B | $1.71B | $3.04B | $1.11B | $757.0M | $656.0M | $501.6M | $1.14B | $1.10B |
| Total current assets | $21.52B | $13.72B | $12.79B | $14.73B | $13.91B | $10.88B | $9.13B | $8.35B | $7.55B | $6.63B |
| Property, plant & equipment (net) | $3.62B | $3.31B | $3.38B | $3.50B | $4.45B | $4.46B | $4.03B | $3.33B | $3.20B | $3.23B |
| Goodwill & intangible assets | $1.83B | $1.11B | $804.0M | $763.0M | $862.0M | $897.0M | $907.0M | $879.1M | $906.9M | $892.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.1M | $47.3M | $49.8M |
| Other non-current assets | $468.0M | $400.0M | $372.0M | $427.0M | $493.0M | $415.0M | $327.0M | $379.4M | $343.5M | $298.1M |
| Total assets | $27.43B | $18.54B | $17.35B | $19.42B | $19.72B | $16.65B | $14.40B | $12.97B | $12.05B | $11.10B |
| Liabilities | ||||||||||
| Accounts payable | $14.44B | $7.94B | $6.19B | $5.68B | $8.01B | $6.84B | $5.69B | $5.17B | $4.94B | $4.26B |
| Short-term debt | $610.0M | $592.0M | $93.0M | $104.0M | $419.0M | $108.0M | $161.0M | $375.2M | $25.2M | $444.3M |
| Deferred revenue | — | $1.02B | $1.02B | $886.0M | $796.0M | $559.0M | $496.0M | $511.3M | $691.4M | $1.02B |
| Total current liabilities | $21.67B | $13.71B | $11.78B | $12.70B | $13.70B | $10.68B | $9.06B | $8.53B | $7.23B | $6.87B |
| Long-term debt | $0 | $2.55B | $3.12B | $2.88B | $2.58B | $2.88B | $2.68B | $2.12B | $2.49B | $1.63B |
| Lease obligations | — | $481.0M | $377.0M | $373.0M | $536.0M | $441.0M | $412.8M | — | — | — |
| Other long-term liabilities | $4.14B | $760.0M | $717.0M | $987.0M | $993.0M | $956.0M | $834.7M | $416.3M | $357.9M | $224.5M |
| Total liabilities | $25.82B | $17.03B | $15.61B | $16.56B | $17.27B | $14.52B | $12.57B | $11.07B | $10.08B | $8.73B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | $278,090 | $276,380 | $270,000 | $270,000 | $267,000 | $264,000 | $260,000 | $2.22B | $2.03B |
| Retained earnings (deficit) | $7.39B | $6.38B | $5.76B | $4.41B | $3.64B | $2.69B | $2.04B | $2.04B | $1.76B | $1.73B |
| Treasury stock | — | — | — | — | −$3.80B | −$3.06B | −$2.61B | −$2.37B | −$2.01B | −$1.54B |
| Accumulated other comprehensive income | −$12.0M | −$17.0M | −$46.0M | −$17.0M | −$42.0M | −$25.0M | −$34.0M | −$82.8M | −$19.4M | $54.6M |
| Minority interest | — | $4.0M | $0 | $1.0M | $1.0M | $1.0M | $14.0M | $13.3M | $13.1M | $14.8M |
| Total shareholders' equity | $1.61B | $1.51B | $1.74B | $2.87B | $2.45B | $2.14B | $1.81B | $1.89B | $1.95B | $2.35B |
| Key figures | ||||||||||
| Total debt | $4.02B | $3.37B | $3.26B | $3.25B | $3.41B | $3.32B | $3.14B | $2.50B | $2.52B | $2.08B |
| Net cash (debt) | −$2.28B | −$1.43B | −$1.06B | −$1.44B | −$1.93B | −$1.75B | −$1.75B | −$1.33B | −$1.26B | −$888.2M |
| Working capital | −$153.0M | $6.0M | $1.01B | $2.04B | $211.0M | $194.0M | $75.5M | −$187.0M | $319.1M | −$243.9M |
| Tangible book value | −$215.0M | $399.0M | $933.0M | $2.10B | $1.59B | $1.24B | $904.0M | $1.01B | $1.04B | $1.46B |
| Book value per share | $15.09 | $13.64 | $13.97 | $21.09 | $16.97 | $14.04 | $11.66 | $11.90 | $11.14 | $12.66 |
| Shares outstanding | 106.9M | 110.9M | 124.3M | 135.9M | 144.4M | 152.1M | 155.3M | 158.6M | 175.0M | 185.8M |
| Current ratio | 0.99 | 1.00 | 1.09 | 1.16 | 1.02 | 1.02 | 1.01 | 0.98 | 1.04 | 0.96 |
| Quick ratio | 0.44 | 0.51 | 0.58 | 0.51 | 0.49 | 0.53 | 0.59 | 0.56 | 0.41 | 0.38 |
| Debt / equity | 2.49 | 2.22 | 1.88 | 1.13 | 1.39 | 1.55 | 1.73 | 1.32 | 1.29 | 0.88 |
| Equity / assets | 5.9% | 8.2% | 10.0% | 14.8% | 12.4% | 12.8% | 12.6% | 14.6% | 16.2% | 21.2% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.74B | $1.36B | $1.83B | $1.57B | $1.93B | $1.52B | $1.59B | $2.06B | $2.20B | $2.46B | $2.57B | $1.55B |
| Cash & equivalents | $1.74B | $1.36B | $1.83B | $1.57B | $1.93B | $1.52B | $1.59B | $2.06B | $2.20B | $2.46B | $2.57B | $1.55B |
| Short-term investments | — | — | — | — | $27.0M | $26.0M | $26.0M | $26.0M | $27.0M | $26.0M | $26.0M | $25.0M |
| Receivables | $7.81B | $6.94B | $5.66B | $5.60B | $5.10B | $5.11B | $4.77B | $4.82B | $4.60B | $4.50B | $3.73B | $4.78B |
| Inventory | $7.41B | $5.93B | $4.97B | $4.68B | $4.68B | $4.77B | $4.43B | $4.32B | $4.28B | $4.44B | $4.82B | $5.12B |
| Other current assets | $4.56B | $3.92B | $2.55B | $2.53B | $2.01B | $2.38B | $1.82B | $2.03B | $1.71B | $1.49B | $1.35B | $3.20B |
| Total current assets | $21.52B | $18.16B | $15.01B | $14.38B | $13.72B | $13.78B | $12.61B | $13.23B | $12.79B | $12.89B | $12.47B | $14.65B |
| Property, plant & equipment (net) | $3.62B | $3.39B | $3.33B | $3.29B | $3.31B | $3.31B | $3.28B | $3.30B | $3.38B | $3.33B | $3.41B | $3.49B |
| Goodwill & intangible assets | $1.83B | $1.85B | $1.88B | $1.18B | $1.11B | $1.12B | $1.10B | $838.0M | $804.0M | $810.0M | $823.0M | $838.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $468.0M | $420.0M | $415.0M | $416.0M | $400.0M | $374.0M | $397.0M | $405.0M | $372.0M | $417.0M | $422.0M | $434.0M |
| Total assets | $27.43B | $23.82B | $20.63B | $19.28B | $18.54B | $18.59B | $17.40B | $17.77B | $17.35B | $17.45B | $17.12B | $19.41B |
| Liabilities | ||||||||||||
| Accounts payable | $14.44B | $11.91B | $8.52B | $8.42B | $7.94B | $7.61B | $6.64B | $6.88B | $6.19B | $5.40B | $5.04B | $5.63B |
| Short-term debt | $610.0M | $597.0M | $599.0M | $596.0M | $592.0M | $595.0M | $91.0M | $93.0M | $93.0M | $96.0M | $102.0M | $96.0M |
| Deferred revenue | — | $992.0M | $1.04B | $1.04B | $1.02B | $1.03B | $1.08B | $1.08B | $1.02B | $977.0M | $976.0M | $906.0M |
| Total current liabilities | $21.67B | $18.51B | $14.81B | $14.55B | $13.71B | $14.02B | $12.31B | $12.43B | $11.78B | $11.42B | $10.69B | $13.03B |
| Long-term debt | $0 | $2.88B | $3.38B | $2.39B | $2.39B | $2.38B | $2.88B | $2.88B | $2.88B | $2.88B | $2.88B | $2.88B |
| Lease obligations | — | $514.0M | $513.0M | $481.0M | $481.0M | $446.0M | $410.0M | $397.0M | $377.0M | $381.0M | $374.0M | $365.0M |
| Other long-term liabilities | $4.14B | $1.10B | $1.09B | $994.0M | $926.0M | $900.0M | $840.0M | $862.0M | $952.0M | $871.0M | $896.0M | $972.0M |
| Total liabilities | $25.82B | $22.49B | $19.28B | $17.93B | $17.03B | $17.30B | $16.04B | $16.18B | $15.61B | $15.17B | $14.46B | $16.88B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | $279,000 | $279,180 | $278,090 | $277,820 | $277,820 | $277,460 | — | — | — | — |
| Retained earnings (deficit) | $7.39B | $7.00B | $6.73B | $6.52B | $6.38B | $6.17B | $5.96B | $5.85B | $5.76B | $5.63B | $5.51B | $4.59B |
| Accumulated other comprehensive income | −$12.0M | −$20.0M | — | −$22.0M | −$17.0M | −$10.0M | −$44.0M | −$52.0M | −$46.0M | −$18.0M | −$17.0M | −$6.0M |
| Minority interest | — | $4.0M | $5.0M | $3.0M | $4.0M | $2.0M | — | — | — | — | — | — |
| Total shareholders' equity | $1.61B | $1.32B | $1.34B | $1.34B | $1.51B | $1.28B | $1.36B | $1.59B | $1.74B | $2.28B | $2.66B | $2.54B |
| Key figures | ||||||||||||
| Total debt | $4.02B | $3.89B | $4.39B | $3.37B | $3.37B | $3.33B | $3.29B | $3.28B | $3.26B | $3.26B | $3.25B | $3.24B |
| Net cash (debt) | −$2.28B | −$2.53B | −$2.56B | −$1.80B | −$1.43B | −$1.81B | −$1.70B | −$1.22B | −$1.06B | −$803.0M | −$686.0M | −$1.69B |
| Working capital | −$153.0M | −$353.0M | $198.0M | −$164.0M | $6.0M | −$233.0M | $299.0M | $794.0M | $1.01B | $1.47B | $1.78B | $1.62B |
| Tangible book value | −$215.0M | −$532.0M | −$533.0M | $160.0M | $399.0M | $166.0M | $254.0M | $755.0M | $933.0M | $1.47B | $1.83B | $1.70B |
| Book value per share | $15.22 | $12.42 | $12.49 | $12.41 | $13.86 | $11.52 | $12.22 | $13.97 | $14.88 | $18.70 | $20.95 | $19.19 |
| Shares outstanding | 106.0M | 106.5M | 107.6M | 108.3M | 109.2M | 111.5M | 111.1M | 114.0M | 116.7M | 121.7M | 126.9M | 132.1M |
| Current ratio | 0.99 | 0.98 | 1.01 | 0.99 | 1.00 | 0.98 | 1.02 | 1.06 | 1.09 | 1.13 | 1.17 | 1.12 |
| Quick ratio | 0.44 | 0.45 | 0.51 | 0.49 | 0.51 | 0.47 | 0.52 | 0.55 | 0.58 | 0.61 | 0.59 | 0.49 |
| Debt / equity | 2.49 | 2.94 | 3.27 | 2.51 | 2.22 | 2.59 | 2.42 | 2.06 | 1.88 | 1.43 | 1.22 | 1.28 |
| Equity / assets | 5.9% | 5.6% | 6.5% | 7.0% | 8.2% | 6.9% | 7.8% | 9.0% | 10.0% | 13.0% | 15.5% | 13.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 30, 2026); data from EODHD.
JBL financial position
At the end of fiscal 2026 (August 31, 2026), Jabil had total assets of $27.4 billion (up 48.0% from a year earlier), total liabilities of $25.8 billion and shareholders' equity of $1.6 billion. It held $1.7 billion in cash and short-term investments against $4.0 billion of debt, net debt of $2.3 billion. Its current ratio was 0.99.
Related: JBL income statement, JBL cash flow statement, JBL key metrics. See the JBL stock overview for the latest quote and news.
JBL balance sheet FAQ
What are Jabil's total assets?
Jabil reported total assets of $27.4 billion at the end of fiscal 2026 (August 31, 2026), compared with $18.5 billion a year earlier.
How much debt does Jabil have?
Jabil had $4.0 billion of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 2.49.
How much cash does Jabil have?
Jabil held $1.7 billion in cash and short-term investments at the end of fiscal 2026; with $4.0 billion of debt that is net debt of $2.3 billion.
What is Jabil's book value?
Jabil's shareholders' equity (book value) was $1.6 billion at the end of fiscal 2026, or $15.09 per share.
What is Jabil's current ratio?
Jabil had current assets of $21.5 billion and current liabilities of $21.7 billion, a current ratio of 0.99 (current liabilities exceed current assets).
How much goodwill does Jabil have?
Jabil carried $1.8 billion of goodwill and intangible assets, 6.7% of total assets, at the end of fiscal 2026.