Transcript
2021 FOURTH QUARTER EARNINGS & INVESTOR BRIEFING
September 29, 2021
WELCOME
ADAM BERRY
September 29, 2021
$29.3B
NET REVENUE
3
Our Foundation is Solid
JABIL 2021
ABOUT JABIL:WE MAKE ANYTHING POSSIBLE AND
EVERYTHING BETTER FOR OVER 400
OF THE WORLD’S MOST RECOGNIZABLE
BRANDS. OUR AGILITY AND GLOBAL
SCALE ENABLE US TO RESPOND RAPIDLY
AND FLEXIBLY TO CUSTOMER NEEDS.
OUR FY21 FINANCIAL HIGHLIGHTS:
CORE OP MARGIN*
4.2%
CORE DILUTED EPS1
$5.61 $640M
FREE CASH FLOW1
100+SITES LOCATED
STRATEGICALLY
AROUND THE
WORLD
260K+DEDICATED, BEST
IN THE INDUSTRY
EMPLOYEES
50M+SQUARE FEET OF
MANUFACTURING
SPACE
OUR
END-MARKETS:
HEALTHCARE & PACKAGING
*Core operating margin = Core operating income divided by revenue 1 See U.S. GAAP to non-GAAP reconciliation in appendix.
Intentional Diversified Growth
Key End-Markets
(In billions)
REVENUE
4
REVENUE
BY END-MARKET
Networking
& Storage
5G Wireless
& Cloud
Industrial
& Semi-Cap
Automotive &
Transportation
Connected
Devices
Healthcare &
Packaging
MobilityDigital Print
& Retail
$19.1
$22.1
$25.3$27.3
$29.3
FY17 FY18 FY19 FY20 FY21
11%CAGR
5
Long-term
Partnerships
DIGITAL PRINT &RETAIL
INDUSTRIAL &SEMI-CAP
5G WIRELESS &CLOUD
NETWORKING& STORAGE
AUTOMOTIVE& TRANSPORTATION
MOBILITY &CONNECTED
DEVICES
HEALTHCARE &PACKAGING
Financial Priorities
Shareholder Focus
ALIGNED & FOCUSED ON DRIVING CONSISTENT CASH FLOWS & PROFITABILITY
EXPANDOPERATING MARGINS
INCREASE
EARNINGS PER SHAREGENERATE
STRONG CASH FLOWS
6
MIKE DASTOORCHIEF FINANCIAL OFFICER
Financial Update
❖ FY21 Results
❖ End-Market & Supply Chain Update
❖ FY22 Outlook
MARK MONDELLOCHIEF EXECUTIVE OFFICER
Business Update
❖ Our People
❖ Our Culture
❖ Factory Innovation
Forward Looking Statement
9
Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for the fourth quarter and
full fiscal year 2021; our guidance for future financial performance in our first quarter of fiscal year 2022 (including, net revenue, segment revenue, U.S. GAAP operating
income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), core diluted earnings per share (Non-GAAP), net interest expense, and core tax rate and
the components of each); our guidance for future financial performance in full fiscal year 2022 (including, gross profit margin, net capex, growth investment capex,
maintenance investment capex, net revenue, core operating income, core operating margin, core diluted earnings per share (Non-GAAP), free cash flow, adjusted free cash
flow, core EBITDA, core return on invested capital, and the components and drivers of each); and our outlook for secular trends, the future components of our capital
structure and allocation, segment revenue and core operating margin and end market revenue. They also include our expectations for greenhouse gas reduction. The
statements in this presentation are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results
to differ materially from our current expectations. Such factors include, but are not limited to: our determination as we finalize our financial results for the fourth quarter and
full fiscal year 2021 that our financial results and conditions differ from our current preliminary unaudited numbers set forth herein; the scope and duration of the COVID-19
outbreak and its impact on our operations, sites, customers and supply chain; managing growth effectively; our dependence on a limited number of customers; competitive
challenges affecting our customers; managing rapid declines or increases in customer demand and other related customer challenges that may occur; risks arising from
relationships with emerging companies; changes in technology; our ability to introduce new business models or programs requiring implementation of new competencies;
competition; transportation issues; our ability to maintain our engineering, technological and manufacturing expertise; retaining key personnel; our ability to purchase
components efficiently and reliance on a limited number of suppliers for critical components; risks associated with international sales and operations; our ability to achieve
expected profitability from acquisitions; risk arising from our restructuring activities; issues involving our information systems, including security issues; regulatory risks
(including the expense of complying, or failing to comply, with applicable regulations; risk arising from design or manufacturing defects; and intellectual property risk);
financial risks (including customers or suppliers who become financially troubled; turmoil in financial markets; tax risks; credit rating risks; risks of exposure to debt; currency
fluctuations; energy prices; and asset impairment); changes in financial accounting standards or policies; and risk of natural disaster, climate change or other global events.
Additional factors that could cause such differences can be found in our Annual Report on Form 10-K for the fiscal year ended August 31, 2020 and our other filings with the
Securities and Exchange Commission. We assume no obligation to update these forward-looking statements.
2021 FOURTH QUARTER EARNINGS
MIKE DASTOOR
September 29, 2021
Financial Priorities
Shareholder Focus
ALIGNED & FOCUSED ON DRIVING CONSISTENT CASH FLOWS & PROFITABILITY
EXPANDOPERATING MARGINS
INCREASE
EARNINGS PER SHAREGENERATE
STRONG CASH FLOWS
11
Fourth Quarter
FY 2021 Highlights
12
✓ Revenue
• Year-over-year growth in Mobility, Automotive
and Healthcare
✓ Core Operating Margin*
• Solid operating leverage
✓ Core Earnings Per Share1
• Strong year-over-year growth
NET REVENUE
CORE EARNINGS PER SHARE1
7.4$BILLION
CORE OP MARGIN*
4.2%
*Core operating margin = Core operating income divided by revenue
1.44$
1 See U.S. GAAP to non-GAAP reconciliation in appendix.
Fourth Quarter & FY21
Income Highlights
131 See U.S. GAAP to non-GAAP reconciliation in appendix.
THREE MONTHS ENDED
AUGUST 31,
FISCAL YEAR ENDED
AUGUST 31,
2021 2020 2021 2020
Net revenue $7,409 $7,300 $29,285 $27,266
U.S. GAAP operating income $265 $197 $1,055 $500
U.S. GAAP net income $175 $68 $696 $54
U.S. GAAP diluted earnings per share $1.16 $0.44 $4.58 $0.35
Core operating income (non-GAAP)1 $314 $255 $1,241 $864
Core earnings (non-GAAP)1 $216 $151 $853 $450
Core diluted earnings per share (non-GAAP)1 $1.44 $0.98 $5.61 $2.90
(In millions, except for per share data)
Fourth Quarter FY21
Segment Results
DMS
53%
EMS
47%$7.4BREVENUE
DIVERSIFIED MANUFACTURING SERVICES (DMS)
▪ Net Revenue Increase of 9.7%
▪ Core margin* (non-GAAP) of 4.1%
ELECTRONICS MANUFACTURING SERVICES (EMS)
▪ Net Revenue Decrease of 6.4%
▪ Core margin* (non-GAAP) of 4.3%
TOTAL COMPANY
▪ Net Revenue Increase of 1.5%
▪ Core margin* (non-GAAP) of 4.2%
* Core margin defined as core operating income divided by net revenue
15
DIVERSIFIED MANUFACTURING ELECTRONICS MANUFACTURING
FY20 FY21 FY20 FY21
Auto & Transportation $1.7 $2.2 Digital Print & Retail $2.3 $2.3
Healthcare & Packaging $4.2 $4.5 Industrial & Semi-Cap $3.5 $3.4
Connected Devices $4.0 $4.5 5G Wireless & Cloud $5.5 $5.3
Mobility $3.3 $4.2 Networking & Storage $2.8 $2.8
Total Revenue $13.2 $15.4 Total Revenue $14.1 $13.9
Core Operating Margin* 3.7% 4.8% Core Operating Margin* 2.7% 3.7%
Our Portfolio
Revenue by End-Markets
$ in billions $ in billions
* Core margin defined as core operating income divided by net revenue
Numbers may not foot due to rounding.
See U.S. GAAP to non-GAAP reconciliation in appendix.
Net Capex
FY21
16See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
FY21 Net Capex($ millions)
Fiscal Year Ended
August 31, 2021
Acquisition of property, plant and equipment ($1,159)
Proceeds and advances from sale of property,
plant and equipment$366
Net Capex ($793)
$1,193 $1,257$1,433
$787 $796 $793
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
FY19 FY20 FY21
Cash Flow from Operations Net CapEx
Net capex1 as a % of net revenue
3.1% 2.9% 2.7%
1 See U.S. GAAP to non-GAAP reconciliation in appendix and U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/
Strong Cash Flow &
Disciplined Investment
($ millions)
Consistent
Shareholder Return
18
SHARE COUNT(millions)
203194 192 187
178165
154 150 144
100
120
140
160
180
200
220
FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21
CUMULATIVE SHAREHOLDER RETURN
FY13 – FY21Share Repurchases
Dividends
$3B
29%
reduction
Jabil 2021
A Tremendous Year
$247
$503$461
$640
FY18 FY19 FY20 FY21
(In millions)
CORE OP INCOME & CORE MARGIN1 CORE EPS1
(In millions)
ADJ. FREE CASH FLOW1
$768$877 $864
$1,241
3.5% 3.5%
3.2%
4.2%
FY18 FY19 FY20 FY21
$2.62 $2.98 $2.90
$5.61
FY18 FY19 FY20 FY21
1 See U.S. GAAP to non-GAAP reconciliation in appendix and U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/
HEALTHCARERising Costs, Aging Population,
Connectivity, Digitization
AUTOMOTIVEClimate Change, Fuel Efficiency ACE - Autonomous, Connected, Electric
5GInfrastructure & Devices. Accelerated Connectivity, Work & Learn from Home
PACKAGINGSustainability, Eco-friendly &
Smart Packaging
SEMI-CAPAccelerated Convergence
of Technology
CLOUDAccelerated Connectivity, Digitization, Massive Data Growth,
Security
Secular Trends Driving Growth
Across Multiple End-Markets
20
DRIVING GROWTH
AGING
POPULATION
RISING
COSTS
DIGITIZATIONPERSONALIZED
CARE
WHAT WE DO:
END-TO-END GLOBAL SOLUTIONS
DIAGNOSTICS &
INSTRUMENTATIONORTHOPEDICS
PHARMACEUTICAL
DELIVERY DEVICES
MEDICAL
DEVICES
Secular Trends
Healthcare
21
Secular Trends
Vehicle Electrification
ELECTRIFICATIONIncreasing electrification of the powertrain
from mild HEV’s to full HEV’s, PHEV’s and EV’s,
charging infrastructureEAADAS / AUTONOMOUSShort-term: emergency braking, lane
departure, etc.
Long-term: hands, eyes & brain-off driving CCONNECTIVITYRemote diagnostics, over the air updates,
V2X, V2I, V2V, self parking, etc.
Charging Cable
Charging Station
Battery Monitoring
Park Assist
Inverter
DCDC Converter
On-Board Charging
Display Modules
Driver Information
Telematics Control Unit
V2X Communication
Gateway Module
ADAS Camera
LiDAR
Driver Monitoring Cameras
Domain Compute
RADAR
Surround View Cameras
Combiner HUD Kinematics
Windshield HUD Optics
External Charger
22
23
Secular Trends
Infrastructure Spending
• 5G
• CLOUD
• SEMI-CAP
• EDGE COMPUTING
• MICRO-GRID
• SMART INFRASTRUCTURE
• POWER GENERATION
• ENERGY STORAGE
24
* Growth rates rounded.
DIVERSIFIED MANUFACTURING ELECTRONICS MANUFACTURING
FY20 FY21 FY22 Y/Y Growth* FY20 FY21
FY22 Y/Y Growth*
Auto & Transportation $1.7 $2.2 41% Digital Print & Retail $2.3 $2.3 13%
Healthcare & Packaging $4.2 $4.5 11% Industrial & Semi-Cap $3.5 $3.4 9%
Connected Devices $4.0 $4.5 2% 5G Wireless & Cloud $5.5 $5.3 8%
Mobility $3.3 $4.2 0% Networking & Storage $2.8 $2.8 (7%)
Total Revenue $13.2 $15.4 $16.9 Total Revenue $14.1 $13.9 $14.6
Core Operating Margin* 3.7% 4.8% 5.0%Core Operating Margin*
2.7% 3.7% 3.8%
Revenue by End-Markets
Continued Mix Shift in Targeted Areas
* Core margin defined as core operating income divided by net revenueNumbers may not foot due to rounding.
$ in billions $ in billions
25
Continued Mix Shift in Targeted Areas
Driving Margin Expansion
Gross Profit Margin Core Operating Margin
* Core margin defined as core operating income divided by net revenue
*
Net Capex
Disciplined Investment
26See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
FY22E Net Capex($ millions)
Net Capex FY22E
Growth Investment $330
Maintenance Investment $500
• Replacement
• Factory Innovation
• Engineering & Innovation
Company Total $830
$787 $796 $793 $830
3.1%2.9%
2.7% 2.6%
0
100
200
300
400
500
600
700
800
900
FY19 FY20 FY21 FY22E
Net Capex Net CapEx % of Revenue
Net Capex($ millions)
Solid Liquidity Profile
Consistent Free Cash Flow Generation
27See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
$1.6 $1.6
$2.1$2.3
FY19 FY20 FY21 FY22E
$503$461
$640
$700
FY19 FY20 FY21 FY22E
Adjusted FCF ($ millions)
CORE EBITDA($ billions)
Drivers of Future
Free Cash Flow
1. Earnings expansion
2. Working capital efficiencies
3. Disciplined investment
Actively Driving
Core ROIC
28
19% 21% 20%
30%
FY18 FY19 FY20 FY21
CORE RETURN ON
INVESTED CAPITALCONSISTENT RETURNS
• Aligning investments with higher
growth and more profitable end-
markets
• Disciplined approach towards
optimal capital structure and investor
returns
See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
29
-
500
1,000
1,500
2,000
2,500
3,000
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Sr. Note & Private Placements Securitization Revolver capacity Fully committed to maintaining
investment grade profile
($ in millions)
• Balance sheet debt of $2.9B, as
of August 31, 2021
• Credit Agency Ratings/Outlook
➢ Moody’s: Baa3 / Stable
➢ S&P: BBB- / Stable
➢ Fitch: BBB- / Positive
FINANCIAL STRENGTH
Note: Years reflect calendar year. All other slides reflect fiscal years (September to August).1 Undrawn capacity as of August 31, 2021.2 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time. Each credit rating should be evaluated independently of any other credit rating.
1
2
Financial Flexibility
Solid Capital Structure
Balanced and Thoughtful
Capital Allocation Framework
➢ Continued reinvestment to expand
capabilities and support customer
relationships
➢ Prioritize share repurchases & dividends
➢ Disciplined approach to M&A
➢ Continue optimize capital structure
30
VALUE CREATION FOR JABIL SHAREHOLDERS
Cash flow from operations
Free Cash Flow
Share Repurchases
& Dividends~ 80%
Debt Optimization
& M&A
~ 20%
Net Capex
~ 55%
First Quarter FY22
Guidance
EMS
Segment Revenue Guidance Q1 FY21 Q1 FY22E YoY Change
▪ Diversified Manufacturing Services $4.2B $4.7B Increase 10%
▪ Electronics Manufacturing Services $3.6B $3.6B 0%
Consolidated Guidance Q1 FY22E
Net revenue $8.0B - $8.6B
U.S. GAAP operating income $321M - $381M
U.S. GAAP diluted earnings per share $1.41 - $1.61
Core operating income (non-GAAP)1 $365M - $425M
Net interest expense2 $38M
Core tax rate (non-GAAP)3 ~25%
Core diluted earnings per share (non-GAAP)1 $1.70 - $1.90
1 See U.S. GAAP to non-GAAP reconciliation on Form-8K filed on September 29, 2021.2 Net interest expense = interest expense + loss on sale of AR - interest income 3 Core tax rate excludes the tax impacts related to amortization of intangibles, stock-based compensation expense and related charges.
$768$877 $864
$1,241
$1,405
3.5% 3.5%
3.2%
4.2%4.5%
FY18 FY19 FY20 FY21 FY22E
Our Outlook
The Momentum Continues
$247
$503$461
$640$700
FY18 FY19 FY20 FY21 FY22E
(In millions)
CORE OP INCOME & CORE OP MARGIN CORE EPS(In millions)
ADJ. FREE CASH FLOW
See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
$7004.5%
CORE OPERATING MARGIN
$6.35CORE EPS ADJ. FREE CASH FLOW
$2.62 $2.98 $2.90
$5.61 $6.35
FY18 FY19 FY20 FY21 FY22E
Our FY22 Outlook
Deliver a Credible Financial Plan
BILLION
$31.5
NET REVENUE CORE OP MARGIN
4.5%
FREE CASH FLOW
$700MILLION
$6.35
CORE EPS
See U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/
MANAGEMENT’S OUTLOOK FOR FY22
We have a Vision
To be the most Technologically Advanced and Trusted manufacturing solutions provider.
34
MARK MONDELLO
September 29, 2021
Thank you for being your True Self
OUR PEOPLEA Team which promotes an Inclusive Environment
Jabil
Construct and Pedigree
36
OUR APPROACH
OUR SOLUTIONS
OUR PORTFOLIO
OUR OUTLOOK
BELONGING
Dei EnterpriseStrategy
Mitigating
Biases
Inclusive
Leadership
Diverse Talent
Development
We’re Listening
We’re Learning
Our Approach
A more Diverse, Equitable & Inclusive Jabil
We’re Actioning
OUR INNOVATIVE SOLUTIONS
OUR PEOPLE & COMMUNITIES
OUR OPERATIONS & RESOURCES
United NationsSustainable Development – alignment
GENDER
EQUALITY5
3
CLEAN WATER
& SANITATION6AFFORDABLE
& CLEAN
ENERGY7
DECENT WORK
& ECONOMIC
GROWTH8
10 REDUCED
INEQUALITIES
11SUSTAINABLE
CITIES AND
COMMUNITIES
12RESPONSIBLE
CONSUMPTION
& PRODUCTION
13 CLIMATE
ACTION
16PEACE, JUSTICE
AND STRONG
INSTITUTIONS
17PARTNERSHIPS
FOR THE
GOALS
Environmental Action
Greenhouse Gas reduction
by 2030
Factories to have a plan
for conserving water
50%
All
Factories strive for
maximum landfill diversion
New strategy and our 3 sustainability pillars
Employee well-being
Employee well-being includes feeling welcomed, valued, and respected.
Seek more circular
economy
partnerships
Health & Safety remains a core value
Community service, human rights, and diversity, equity, and inclusion.
Our Approach
A more Sustainable Jabil
Our Solutions
Enabled by Structure, Investments, Customers
EXECUTION
Operations
IT
Supply
Chain
OBSESSION
AT OUR VERY CORE WE ‘BUILD STUFF’
COLLABORATION
Our Portfolio
Critical and Trusted Partner
Mobility
Healthcare & Packaging
Connected Devices
Automotive & Transportation
Networking &
Storage
Digital Print & Retail
Industrial & Semi-Cap
5G Wireless & Cloud
41
Numbers may not foot due to rounding.
DIVERSIFIED MANUFACTURING ELECTRONICS MANUFACTURING
FY20 FY21 FY22 FY20 FY21 FY22
Auto & Transportation $1.7 $2.2 $3.1 Digital Print & Retail $2.3 $2.3 $2.6
Healthcare & Packaging $4.2 $4.5 $5.0 Industrial & Semi-Cap $3.5 $3.4 $3.7
Connected Devices $4.0 $4.5 $4.6 5G Wireless & Cloud $5.5 $5.3 $5.7
Mobility $3.3 $4.2 $4.2 Networking & Storage $2.8 $2.8 $2.6
Total Revenue $13.2 $15.4 $16.9 Total Revenue $14.1 $13.9 $14.6
Core Operating Margin* 3.7% 4.8% 5.0% Core Operating Margin* 2.7% 3.7% 3.8%
Our Portfolio
Intentionally Diversified and Evermore Resilient
* Core margin defined as core operating income divided by net revenue
$ in billions $ in billions
Our Outlook
Credible FY22 Financial Plan
BILLION
$31.5
NET REVENUE CORE OP MARGIN
4.5%
FREE CASH FLOW
$700MILLION
$6.35
CORE EPS
See U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/
MANAGEMENT’S OUTLOOK FOR FY22
Our Outlook
What we’re doing is Working
See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/
$768 $877 $864
$1,241 $1,405
FY18 FY19 FY20 FY21 FY22E
(In millions)CORE OP INCOME
$2.62 $2.98 $2.90
$5.61 $6.35
FY18 FY19 FY20 FY21 FY22E
CORE EPS
$22.1 $25.3
$27.3 $29.3
$31.5
FY18 FY19 FY20 FY21 FY22E
(In billions)
REVENUE
10%
CAGR15%
CAGR25%
CAGR
Enables our path forward, as we care for each other, treat one another with complete respect, give back to those in need and respect the environment.
44
OUR PURPOSE
Our Path Forward
Trust and Belief in our Team
• A well Diversified Portfolio with solid exposure to Secular Trends
• Proven ability to Execute fueled by operational investments
• Innovative solutions put forth as we obsess about our Customers
• Unique combination of Approach, Structure, Scale and Experience
• The commitment and continuation of Capital returns to Shareholders
Thank you for being your True Self
OUR PEOPLEA Team which promotes an Inclusive Environment
47
Our PathGrounded by a Straight-forward Strategy
✓ Jabil has undergone deep and sustainable improvements
✓ The business is extremely well-diversified
✓ Demand for innovative global manufacturing partners with robust supply chain capabilities has
never been stronger
✓ Jabil is well-positioned to benefit from long-term secular trends
✓ Management is focused on achieving industry-leading Core Margins and Adjusted Free Cash
Flow, at scale
✓ Well-balanced and disciplined capital allocation framework
MARK MONDELLOCHIEF EXECUTIVE OFFICER
MIKE DASTOORCHIEF FINANCIAL OFFICER
ADAM BERRYVP, INVESTOR RELATIONS
APPENDIX
49
GAAP to Non-GAAP Reconciliations
50
August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020Operating income (U.S. GAAP) 265$ 197$ 1,055$ 500$ Amortization of intangibles 12 13 47 56 Stock-based compensation expense and related charges 26 21 102 83 Restructuring, severance and related charges 4 12 10 157 Distressed customer charge - - - 15 Net periodic benefit cost 7 9 24 16 Business interruption and impairment charges, net - 1 (1) 6 Acquisition and integration charges - 2 4 31 Adjustments to operating income 49 58 186 364 Core operating income (Non-GAAP) 314$ 255$ 1,241$ 864$ - - #REF! #REF!
Core operating income (Non-GAAP) 314$ 255$ 1,241$ 864$ Depreciation expense 219 181 828 739 Core EBITDA (Non-GAAP) 533$ 436$ 2,069$ 1,603$
Net income attributable to the Company (U.S. GAAP) 175$ 68$ 696$ 54$ Adjustments to operating income 49 58 186 364 Loss (gain) on securities - 36 (2) 49 Net periodic benefit cost (7) (9) (24) (16) Adjustment for taxes (1) (2) (3) (1)
216$ 151$ 853$ 450$ - -
Diluted earnings per share (U.S. GAAP) 1.16$ 0.44$ 4.58$ 0.35$ -$ -$ 0 0Diluted core earnings per share (Non-GAAP) 1.44$ 0.98$ 5.61$ 2.90$
Diluted weighted average shares outstanding (U.S. GAAP & Non-GAAP) (in
thousands) 150,124 154,453 152,051 155,274
JABIL INC. AND SUBSIDIARIESOPERATING INCOME, EBITDA and NET INCOME NON-GAAP RECONCILIATION
(In millions, except for per share data)(Unaudited)
Three months ended Fiscal year ended
Core earnings (Non-GAAP)
top related