Jabil (STU:JBL) ROCE % : 69.34% (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Jabil ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Jabil's annualized ROCE % for the quarter that ended in Feb. 2024 was 69.34%.

Jabil ROCE % Historical Data

The historical data trend for Jabil's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jabil ROCE % Chart

Jabil Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

Get a 7-Day Free Trial

14.08

8.65

18.94

24.67

22.23

Jabil Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															21.50	23.90	21.51	17.27	69.34

Jabil ROCE % Calculation

Jabil's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	1346.156	/	( ( (19460.679 - 13518.939)	+	(17811.808 - 11641.315) )	/ 2 )
	=	1346.156	/	( (5941.74	+	6170.493)	/ 2 )
	=	1346.156	/	6056.1165
	=	22.23 %

Jabil's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	4112.172	/	( ( (17938.536 - 12039.72)	+	(15873.021 - 9910.557) )	/ 2 )
	=	4112.172	/	( ( 5898.816	+	5962.464 )	/ 2 )
	=	4112.172	/	5930.64
	=	69.34 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Jabil (STU:JBL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Jabil ROCE % Related Terms

Thank you for viewing the detailed overview of Jabil's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jabil (STU:JBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (STU:JBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JBL:USA JBL:Mexico JBL:Germany

Address

10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716

Website

https://www.jabil.com

Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.