Jabil vs Sanmina
Jabil reported revenue of $36.0 billion in fiscal 2026, 4.4 times Sanmina's $8.1 billion in fiscal 2025. Jabil's revenue grew 20.6% in its latest year, and Sanmina's grew 7.4%. Jabil had an operating margin of 4.7%, against 4.4% at Sanmina. Free cash flow was $1.4 billion at Jabil and $473 million at Sanmina. Their fiscal years end in different months (August 31 and September 27), so the periods don't line up exactly.
Side by side
| Jabil | Sanmina | |
|---|---|---|
| Latest fiscal year | FY2026, Aug 31, 2026 | FY2025, Sep 27, 2025 |
| Revenue | $36.0B | $8.1B |
| Revenue growth | 20.6% | 7.4% |
| Revenue growth a year, last 5 years | 4.2% | 3.2% |
| Gross margin | 9.2% | 8.8% |
| Operating margin | 4.7% | 4.4% |
| Net margin | 2.9% | 3.0% |
| Free cash flow | $1.4B | $473M |
| Free cash flow margin | 3.8% | 5.8% |
| Return on capital | 39.3% | 14.2% |
| Net debt to EBITDA | 0.8x | −1.4x |
| Dividends and buybacks | $1.1B | $0M |
| Change in diluted share count | −3.6% | −3.1% |
| Last close | $275.68 | $161.34 |
| P/E at the last close | 28.3× | 28.9× |
| Insider trades, last 12 months | bought $149,815, sold $65.3 million | bought $99,722, sold $43.0 million |
| Piotroski F-score | 8 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ 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
JabilSanmina
Operating margin
Percent of revenue
JabilSanmina
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
JabilSanmina