Jabil Inc.

Jabil IPO

JABIL went public on March 12, 1993.

The company’s initial public offering (IPO) was a significant milestone in its history, allowing it to raise capital from public investors and fueling its expansion into new markets.

Jabil IPO Prospectus

A prospectus is a formal document required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public.

You can find Jabil’s Prospectus here.

Company Overview & History

JABIL is a global manufacturing services company headquartered in St. Petersburg, Florida.

The company was founded in 1966 by William E. Morean and James Golden.

Over the years, JABIL has grown to become one of the leading players in the electronics manufacturing industry.

From its humble beginnings as a small circuit board manufacturer, JABIL expanded its operations and diversified its services to include design, engineering, supply chain management, and after-market services.

The company’s commitment to innovation and customer satisfaction has helped it forge strong partnerships with some of the world’s most prominent brands across various industries.

Financial Performance

Year	Revenue($B)	Net Income($B)	EBITDA($B)	Operational Cash Flow($B)
2020	386.1	21.3	48.9	66.1
2019	280.5	11.6	37.2	38.5
2018	232.9	10.1	30.7	30.7
2017	177.9	3.0	24.3	18.4
2016	135.9	2.3	16.1	16.4
2015	107.0	0.6	11.9	11.9
2014	88.9	-0.2	4.9	6.8
2013	74.4	0.2	4.9	5.4
2012	61.1	-0.0	4.5	4.1
2011	48.1	0.6	3.7	3.9
2010	34.2	1.1	3.3	3.5
2009	24.5	0.9	2.9	3.3
2008	19.2	0.6	1.9	1.7
2007	14.8	0.4	1.4	1.4
2006	10.7	0.2	1.0	1.0
2005	8.5	0.4	0.8	0.7
2004	6.9	0.6	0.9	0.6
2003	5.3	0.4	0.7	0.4
2002	3.9	-0.1	0.3	0.1
2001	3.1	-0.6	-0.2	0.0
2000	2.7	-1.4	-0.9	-0.6
1999	1.6	-0.7	-0.6	-0.4
1998	0.6	-0.1	-0.1	-0.0
1997	0.1	0.0	0.0	0.0

Business Model

JABIL operates on a contract manufacturing business model.

The company provides a comprehensive range of services to its clients, catering to their specific manufacturing needs.

JABIL’s business model revolves around leveraging its extensive global network of facilities to offer cost-effective and efficient solutions for its customers.

By collaborating closely with its clients, JABIL assists in the design and development of products, ensuring they meet high-quality standards and are ready for mass production.

The company’s expertise in supply chain management and logistics allows it to optimize production processes and deliver products to market quickly.

Market Cap Over the Years

Year	Market Cap($B)
2022	4.5
2021	3.8
2020	3.2
2019	3.1
2018	4.2
2017	3.6
2016	3.5
2015	3.0
2014	2.6
2013	2.4
2012	2.1
2011	2.0
2010	1.8
2009	1.4
2008	1.0
2007	2.3
2006	1.9
2005	1.7
2004	1.5
2003	1.1
2002	0.9
2001	0.7
2000	0.6
1999	0.5
1998	0.3
1997	0.2

Risk Factors

JABIL, like any business, is exposed to several risk factors that could significantly impact its operations and financial performance.

Global economic conditions heavily influence JABIL’s financial performance, as it is susceptible to trends and fluctuations in consumer demand.

Moreover, as a multinational company, the organization is vulnerable to the effects of changing currency exchange rates, which can directly impact its revenues and profitability.

The business landscape that JABIL operates in is also full of challenges.

The contract manufacturing industry, in particular, is marked by high competition, with JABIL continually vying against both established competitors and emerging players.

Additionally, the company could experience supply chain disruptions like delayed deliveries of raw materials, which could potentially impact production schedules and customer satisfaction.

Finally, given the pace of technological change, rapid advancements could potentially render some of JABIL’s products or services obsolete, potentially harming its market position.

Market Opportunity

JABIL, operating within a dynamic and rapidly evolving market, is excellently situated to leverage the expanding demand for electronics and advanced manufacturing solutions.

Several market opportunities offer potential avenues for the company’s growth.

A significant market opportunity arises from the increasing adoption of smart devices.

Smartphones, wearables, and smart home appliances have gained widespread popularity, necessitating expansive manufacturing services, an area where JABIL excels.

Additionally, the healthcare industry’s growing reliance on technology has spurred a burgeoning demand for precision medical devices and equipment, which JABIL is equipped to support.

The automotive sector’s shift towards electric vehicles and autonomous driving technologies also provides opportunities for JABIL.

Collaborations with car manufacturers to produce advanced electronic components can expand their portfolio.

Lastly, the industrial Internet of Things (IoT) segment offers potential for JABIL to extend its manufacturing and assembly services for connected devices used across various industries, strengthening its position in the global market.

Competitors

• Foxconn Technology Group
• Flex Ltd.
• Celestica Inc.
• Sanmina Corporation
• Plexus Corp.
• Benchmark Electronics Inc.
• Wistron Corporation
• New Kinpo Group

Key/Fun Company Facts

• JABIL has a vast global footprint, with manufacturing facilities and operations in over 30 countries.
• The company employs a diverse workforce of more than 200,000 skilled professionals worldwide.
• JABIL’s client portfolio includes Fortune 500 companies from various sectors, underscoring its reputation as a trusted manufacturing partner.
• In addition to its manufacturing services, JABIL actively invests in research and development to stay at the forefront of technology and innovation.
• JABIL is committed to sustainability and environmental responsibility, implementing various initiatives to reduce its carbon footprint and promote eco-friendly practices across its operations.