GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (NYSE:JBL) » Definitions » Piotroski F-Score

Jabil (JBL) Piotroski F-Score : 6 (As of Jul. 15, 2025)


View and export this data going back to 1993. Start your Free Trial

What is Jabil Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Jabil has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Jabil's Piotroski F-Score or its related term are showing as below:

JBL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Jabil was 8. The lowest was 3. And the median was 6.


Jabil Piotroski F-Score Historical Data

The historical data trend for Jabil's Piotroski F-Score 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 Piotroski F-Score Chart

Jabil Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 6.00 7.00 6.00

Jabil Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Piotroski F-Score 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 7.00 6.00 6.00 4.00 6.00

Competitive Comparison of Jabil's Piotroski F-Score

For the Electronic Components subindustry, Jabil's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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's Piotroski F-Score Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jabil's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jabil's Piotroski F-Score falls into.


;
;

How is the Piotroski F-Score calculated?

* 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.

This Year (May25) TTM:Last Year (May24) TTM:
Net Income was 138 + 100 + 117 + 222 = $577 Mil.
Cash Flow from Operations was 535 + 312 + 334 + 406 = $1,587 Mil.
Revenue was 6964 + 6994 + 6728 + 7828 = $28,514 Mil.
Gross Profit was 663 + 606 + 576 + 681 = $2,526 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was
(17449 + 17351 + 17771 + 17396 + 18587) / 5 = $17710.8 Mil.
Total Assets at the begining of this year (May24) was $17,449 Mil.
Long-Term Debt & Capital Lease Obligation was $2,735 Mil.
Total Current Assets was $13,782 Mil.
Total Current Liabilities was $14,015 Mil.
Net Income was 155 + 194 + 927 + 129 = $1,405 Mil.

Revenue was 8458 + 8387 + 6767 + 6765 = $30,377 Mil.
Gross Profit was 766 + 775 + 630 + 608 = $2,779 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was
(19436 + 19424 + 19414 + 17123 + 17449) / 5 = $18569.2 Mil.
Total Assets at the begining of last year (May23) was $19,436 Mil.
Long-Term Debt & Capital Lease Obligation was $3,164 Mil.
Total Current Assets was $12,893 Mil.
Total Current Liabilities was $11,423 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Jabil's current Net Income (TTM) was 577. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Jabil's current Cash Flow from Operations (TTM) was 1,587. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (May24)
=577/17449
=0.0330678

ROA (Last Year)=Net Income/Total Assets (May23)
=1405/19436
=0.07228854

Jabil's return on assets of this year was 0.0330678. Jabil's return on assets of last year was 0.07228854. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Jabil's current Net Income (TTM) was 577. Jabil's current Cash Flow from Operations (TTM) was 1,587. ==> 1,587 > 577 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=2735/17710.8
=0.15442555

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=3164/18569.2
=0.17038968

Jabil's gearing of this year was 0.15442555. Jabil's gearing of last year was 0.17038968. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: May25)=Total Current Assets/Total Current Liabilities
=13782/14015
=0.98337496

Current Ratio (Last Year: May24)=Total Current Assets/Total Current Liabilities
=12893/11423
=1.12868774

Jabil's current ratio of this year was 0.98337496. Jabil's current ratio of last year was 1.12868774. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Jabil's number of shares in issue this year was 109.3. Jabil's number of shares in issue last year was 121.7. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2526/28514
=0.08858806

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2779/30377
=0.09148369

Jabil's gross margin of this year was 0.08858806. Jabil's gross margin of last year was 0.09148369. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (May24)
=28514/17449
=1.63413376

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=30377/19436
=1.56292447

Jabil's asset turnover of this year was 1.63413376. Jabil's asset turnover of last year was 1.56292447. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Jabil has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Jabil  (NYSE:JBL) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Jabil Piotroski F-Score Related Terms

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


Jabil Business Description

Traded in Other Exchanges
Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
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.
Executives
Michael Dastoor officer: Controller C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mark T Mondello officer: Chief Operating Officer 10560 DR. MARTIN LUTHER KING JR. ST N, ST PETERSBURG FL 33716-3718
Christopher S Holland director ARAMARK CORP, 1101 MARKET ST 29TH FLOOR, PHILADELPHIA PA 19107
John C Plant director C/O MASCO CORPORATION, 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Steven A Raymund director C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Anousheh Ansari director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG, FL FL 33716
May Yee Yap officer: SVP, Chief Information Officer 10800 ROOSEVELT BLVD. N., ST PETERSBURG FL 33716
Frederic E. Mccoy officer: SVP, Global Business Units 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Steven D Borges officer: EVP, CEO, Healthcare 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Francis Mckay officer: SVP, Chief Procurement Officer 10800 ROOSEVELT BLVD., ST. PETERSBURG FL 33716
Kristine Melachrino officer: SVP, General Counsel 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
Kenneth S Wilson officer: EVP, CEO, Green Point C/O JABIL INC., 10560 MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Gerald Creadon officer: SVP, Operations 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716
David M Stout director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Roberto Ferri officer: SVP, Global Sales 10800 ROOSEVELT BLVD. N., ST. PETERSBURG FL 33716