Jabil (JBL) FY2022 results: revenue $33.5 billion, up 14.3% on the year
Jabil Inc. (JBL) reported revenue of $33.5 billion for fiscal 2022, the year ended 31 August 2022, up 14.3% on the year before. Net income was $996 million, up 43.1%, and diluted earnings per share $6.90. The figures are the company's own, from the 10-K it filed with the SEC on 25 October 2022.
Revenue
$33.5 billion
+14.3% on the year
FY2015FY2022
Operating margin
4.2%
3.6% a year earlier
FY2015FY2022
Net income
$996 million
+43.1% on the year
FY2015FY2022
Diluted EPS
$6.90
+50.7% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,651
1,433
1,257
+15.2%
Capital expenditure
1,385
1,159
983
+19.5%
Free cash flow
266
274
274
-2.9%
Free cash flow margin
0.8%
0.9%
1.0%
Cash from investing
-858
-851
-921
Cash from financing
-888
-413
-65.1
Depreciation and amortisation
925
876
795
+5.6%
Share-based compensation
81.0
102
83.1
-20.6%
Buybacks
696
428
215
+62.6%
Dividends paid
48.0
50.0
50.0
-4.0%
Diluted shares, weighted
144m
152m
155m
-5.1%
Shares outstanding at period end
135m
144m
150m
-6.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,451
2,136
1,811
+14.7%
Non-controlling interest
1.0
1.0
14.0
0.0%
Debt
2,875
2,878
2,728
-0.1%
Operating lease liabilities
417
333
302
+25.2%
Finance lease liabilities
198
223
161
-11.2%
Other liabilities
13,775
11,083
9,381
+24.3%
Total liabilities and equity
19,717
16,654
14,397
+18.4%
Fixed assets
n/a
n/a
3,665
Goodwill
704
715
697
-1.5%
Intangible assets
158
182
210
-13.2%
Cash and equivalents
1,478
1,567
1,394
-5.7%
Receivables
3,995
3,141
n/a
+27.2%
Inventory
6,128
4,414
3,132
+38.8%
Other assets
7,254
6,635
5,300
+9.3%
Total assets
19,717
16,654
14,397
+18.4%
10-K for the year ended 31 August 2022, filed 25 October 2022: the filing.