Flex vs Jabil
Jabil reported revenue of $36.0 billion in fiscal 2026, 1.3 times Flex's $27.9 billion in fiscal 2026. Flex's revenue grew 8.1% in its latest year, and Jabil's grew 20.6%. Flex had an operating margin of 4.9%, against 4.7% at Jabil. Free cash flow was $1.1 billion at Flex and $1.4 billion at Jabil. Their fiscal years end in different months (March 31 and August 31), so the periods don't line up exactly.
Side by side
| Flex | Jabil | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 31, 2026 | FY2026, Aug 31, 2026 |
| Revenue | $27.9B | $36.0B |
| Revenue growth | 8.1% | 20.6% |
| Revenue growth a year, last 5 years | 3.0% | 4.2% |
| Gross margin | 9.2% | 9.2% |
| Operating margin | 4.9% | 4.7% |
| Net margin | 3.1% | 2.9% |
| Free cash flow | $1.1B | $1.4B |
| Free cash flow margin | 3.8% | 3.8% |
| Return on capital | 16.3% | 39.3% |
| Net debt to EBITDA | 0.7x | 0.8x |
| Dividends and buybacks | $944M | $1.1B |
| Change in diluted share count | −5.0% | −3.6% |
| Last close | $76.99 | $275.68 |
| P/E at the last close | 29.7× | 28.3× |
| Insider trades, last 12 months | sold $119.4 million | bought $149,815, sold $65.3 million |
| Piotroski F-score | 9 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FlexJabil
Operating margin
Percent of revenue
FlexJabil
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FlexJabil