Jabil (JBL) Debt-to-Equity: 2.94 (As of May. 2026) — 104% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JBL Jabil Inc JBL
81 GF Score
Price $366.16
GF Value $195.26
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Jabil Debt-to-Equity?

Jabil JBL +2.68% 81 Debt-to-Equity is 2.94 as of May. 2026, which is 104% above its 10-year median of 1.44. GuruFocus rates JBL with a GF Score™ of 81/100 and a GF Value™ of $195.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,224 Hardware companies, Jabil ranks worse than 96.85% on this metric.

Jabil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $597 Mil. Jabil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $3,295 Mil. Jabil's Total Stockholders Equity for the quarter that ended in May. 2026 was $1,323 Mil. Jabil's debt to equity for the quarter that ended in May. 2026 was 2.94.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Jabil's Debt-to-Equity or its related term are showing as below:

JBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87   Med: 1.44   Max: 3.27
Current: 2.94

During the past 13 years, the highest Debt-to-Equity Ratio of Jabil was 3.27. The lowest was 0.87. And the median was 1.44.

JBL's Debt-to-Equity is ranked worse than
96.85% of 2224 companies
in the Hardware industry
Industry Median: 0.275 vs JBL: 2.94

Jabil  (NYSE:JBL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Jabil Debt-to-Equity Related Terms


Jabil Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Jabil's Debt-to-Equity 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.

Jabil Debt-to-Equity Chart

Jabil Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.39 1.13 1.88 2.23

Jabil Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.23 2.51 3.27 2.94

JBL vs FLEX, FN, TTMI: Debt-to-Equity Comparison

For the Electronic Components subindustry, Jabil's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jabil Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Jabil's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jabil's Debt-to-Equity falls into.


JBL
81GF Score
Jabil Inc JBL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Jabil Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jabil's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Jabil's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.94 mean?
Jabil (JBL) has a Debt-to-Equity of 2.94 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jabil and its competitors. This is 104% above median its historical median of 1.44. Over the past decade, Jabil's Debt-to-Equity has ranged from 0.87 to 3.27. According to the industry distribution chart, Jabil ranks #2154 out of 2224 companies in the Hardware industry, placing it in the top 96.9%.
Is Jabil's Debt-to-Equity too high?
Jabil's current Debt-to-Equity of 2.94 is 104% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.27. The Hardware industry median Debt-to-Equity is 0.28. Jabil's value of 2.94 is 969.1% above this industry median. Based on the distribution chart, Jabil ranks #2154 out of 2224 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Jabil has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jabil's Debt-to-Equity compare to FLEX and FN?
According to the Hardware industry distribution chart, Jabil ranks #2154 out of 2224 companies for Debt-to-Equity. This places Jabil in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Jabil's value of 2.94 is 969.1% above this benchmark. Historically, Jabil's own Debt-to-Equity has ranged from 0.87 to 3.27 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.28, Jabil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jabil's current Debt-to-Equity of 2.94 is 969.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jabil and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jabil's current Debt-to-Equity is 2.94, which is 104% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jabil stock overvalued right now?
Based on GuruFocus' analysis, Jabil (JBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $195.26, compared to a current price of $366.16 — trading 87.5% above its estimated fair value. The current Debt-to-Equity is 2.94, which is 104% above median its 10-year median of 1.44 and 969.1% above the Hardware industry median of 0.28. Jabil's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Jabil (JBL), the current Debt-to-Equity is 2.94 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jabil (JBL) Overvalued in 2026?

Based on GuruFocus' analysis, Jabil stock appears to be overvalued. The current stock price of $366.16 is trading 87.5% above its estimated GF Value™ of $195.26. GuruFocus considers Jabil to be Significantly Overvalued.

Key valuation signals for JBL:

  • Debt-to-Equity: 2.94 (104% above median its 10-year median of 1.44)
  • GF Value™: $195.26 vs. price of $366.16 (87.5% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 969.1% above the Hardware median (#2154 of 2224)

No single metric tells the full story. See the JBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jabil Business Description

Address 10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc. is a U.S based company providing engineering, manufacturing, and supply chain solutions. It provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. It operates through three segments: Regulated Industries, serving automotive, healthcare, and renewables; Intelligent Infrastructure, focused on AI, cloud, data centers, and communications, driving the majority of revenue; and Connected Living and Digital Commerce, specializing in digitalization and automation, such as robotics and warehouse automation. The company operates in the U.S., Mexico, China, Malaysia, Singapore, and several other markets.
81GF Score

Get the complete analysis for JBL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$366.16
Price
$195.26
GF Value