JBL vs FLEX vs PLXS Stock Comparison

Jabil, Flex and Plexus Prices as of Oct 23, 2026 Peers: Industry group
JBL Jabil Inc
$273.98 -11.3% 1M +32.6% 1Y
Market cap
$29.16B
P/E
28.0x
Revenue (TTM)
$35.95B
Div. yield
–
Electronic Manufacturing Services Technology
5 wins
FLEX Flex Ltd.
$76.55 -31.8% 1M +19.8% 1Y
Market cap
$28.17B
P/E
29.0x
Revenue (TTM)
$29.27B
Div. yield
–
Electronic Manufacturing Services Technology
2 wins
PLXS Plexus Corp
$216.98 -17.8% 1M +44.8% 1Y
Market cap
$5.93B
P/E
32.0x
Revenue (TTM)
$4.60B
Div. yield
–
Electronic Manufacturing Services Technology
4 wins

Head to Head

11 decided of 12

Jabil leads on 5 of the 12 questions below (Jabil 5, Plexus 4, Flex 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJBLFLEXPLXSLeader
Larger companyMarket capitalisation $29.16B $28.17B $5.93B JBL
Cheaper on earningsLower P/E, profitable companies only 28.0x 29.0x 32.0x JBL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 15.7x 26.0x FLEX
Faster revenue growthRevenue growth, trailing twelve months +20.6% +12.2% +14.2% JBL
More profitableNet margin, trailing twelve months 2.9% 3.3% 4.0% PLXS
Better return on capitalReturn on invested capital 25.9% 11.3% 11.3% JBL
Less leveragedLower net debt / EBITDA 0.7x 1.5x -0.1x PLXS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +32.6% +19.8% +44.8% PLXS
Better 5-year returnAnnualised price return, 5 years +34.8%/yr +40.4%/yr +18.0%/yr FLEX
Less volatileAnnualised volatility, 1 year 47.7% 68.6% 41.5% PLXS
Higher overall scoreMean of the five percentile scores vs peers 58/100 56/100 53/100 JBL

Percentile Scorecard

JBLFLEXPLXS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJBLFLEXPLXS
Valuation 71 #33 of 112 68 #37 of 112 53 #53 of 112
Growth 66 #38 of 109 50 #55 of 109 44 #61 of 109
Profitability 68 #34 of 105 57 #46 of 105 56 #47 of 105
Financial Health 19 #95 of 117 20 #94 of 117 42 #68 of 117
Shareholder Returns 65 #29 of 82 84 #14 of 82 72 #24 of 82
Overall 58 56 53
  • JBL ranked among 122 companies in Computer Hardware
  • FLEX ranked among 122 companies in Computer Hardware
  • PLXS ranked among 122 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJBLFLEXPLXSSPY
1 month -11.3%-31.8%-17.8% -1.0%
3 months -12.4%-35.4%-14.7% +2.9%
6 months -19.8%-16.3%-14.6% +6.4%
Year to date +20.2%+26.7%+47.6% +11.4%
1 year +32.6%+19.8%+44.8% +13.1%
3 years +120.1%+326.2%+144.2% +79.4%
3 years, per year +30.1%+62.2%+34.7% +21.5%
5 years +344.6%+444.1%+128.6% +67.7%
5 years, per year +34.8%+40.4%+18.0% +10.9%
10 years +1,163.7%+639.6%+377.3% +255.2%
10 years, per year +28.9%+22.2%+16.9% +13.5%

Risk

MeasureJBLFLEXPLXSSPY
Volatility, 1Y 47.7%68.6%41.5% 12.7%
Downside volatility, 1Y 52.6%64.2%44.0% 12.7%
Beta vs S&P 500, 1Y 2.183.061.67 1.00
Return / volatility, 1Y 0.680.291.08 1.03
Max drawdown, 5Y -36.9%-52.8%-34.9% -25.4%
From 52-week high -29.0%-52.8%-28.6% -2.5%
52-week high $385.63$162.07$303.82 $779.14
52-week low $192.49$54.51$132.74 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJBLFLEXPLXS
P/E now vs peer median 27.8xmedian 31.3x 28.8xmedian 31.3x 31.3xmedian 31.3x
P/S now vs peer median 0.8xmedian 2.6x 1.0xmedian 2.6x 1.3xmedian 2.6x
EV/EBITDA now vs peer median 12.7xmedian 19.6x 19.7xmedian 19.6x 18.7xmedian 19.6x
P/FCF now vs peer median 20.8xmedian 28.3x 34.2xmedian 28.3x 93.6xmedian 28.3x
P/B now vs peer median 17.7xmedian 2.9x 5.1xmedian 2.9x 3.8xmedian 2.9x
PEG now vs peer median 1.60median 1.15 2.00median 1.15 3.72median 1.15

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJBLFLEXPLXS
Revenue $35.95B $29.27B $4.60B
Gross profit $3.32B $2.74B $461.48M
Operating income $1.70B $1.45B $230.67M
Net income $1.04B $973.00M $185.41M
Free cash flow $1.37B $826.00M $61.87M
R&D $30.00M – –
EPS (diluted) $9.75 $2.60 $6.79
Cash & equivalents $1.74B $2.84B $314.05M
Total debt $3.38B $5.22B $805.36M
Shares (diluted) 106.90M 374.00M 27.29M
Enterprise value $22.66B $17.63B $4.76B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJBLFLEXPLXS
P/E 27.8x 28.8x 31.3x
P/FCF 20.8x 34.2x 93.6x
P/Operating cash flow 14.3x 18.1x 33.8x
P/S 0.8x 1.0x 1.3x
P/B 17.7x 5.1x 3.8x
P/Tangible book 28.2x 5.9x 3.8x
EV/EBITDA 12.7x 19.7x 18.7x
EV/EBIT 17.8x 21.2x 24.9x
EV/Revenue 0.8x 1.0x 1.3x
EV/FCF 22.0x 37.1x 92.9x
EV/Operating cash flow 15.1x 19.6x 33.6x
PEG (3Y EPS CAGR) 1.60 2.00 3.72

Growth

14 metrics
MetricJBLFLEXPLXS
Revenue growth (1Y) 20.6% 12.2% 14.2%
Revenue CAGR (3Y) 1.2% 1.0% 2.2%
Gross profit growth (1Y) 25.4% 21.3% 12.7%
Gross profit CAGR (3Y) 5.0% 11.7% 4.5%
Operating income growth (1Y) 44.2% 16.2% 13.6%
Operating income CAGR (3Y) 3.5% 14.0% 4.0%
Net income growth (1Y) 58.6% 9.2% 14.0%
Net income CAGR (3Y) 8.4% -2.5% 7.5%
EPS growth (1Y) 64.5% 11.2% 15.0%
EPS CAGR (3Y) 17.4% 14.4% 8.4%
Operating cash flow growth (1Y) 22.1% -0.1% -49.3%
Operating cash flow CAGR (3Y) 4.9% 19.4% 31.3%
Free cash flow growth (1Y) 17.2% -25.2% -75.3%
Free cash flow CAGR (3Y) 25.0% 54.7% 70.7%

Profitability

14 metrics
MetricJBLFLEXPLXS
Gross margin 9.2% 9.4% 10.0%
EBITDA margin 6.6% 5.3% 6.7%
Operating margin 4.7% 5.0% 5.0%
Pretax margin 3.9% 4.4% 4.7%
Net margin 2.9% 3.3% 4.0%
FCF margin 3.8% 2.8% 1.3%
Operating cash flow margin 5.6% 5.3% 3.7%
Return on equity 70.7% 18.3% 12.3%
Return on assets 4.1% 4.1% 5.3%
Return on invested capital 25.9% 11.3% 11.3%
Return on capital employed 43.1% 13.9% 14.9%
Asset turnover 1.4x 1.2x 1.3x
Cash conversion (OCF / net income) 1.9x 1.6x 0.9x
Stock comp / revenue – – 1.0%

Financial Health

11 metrics
MetricJBLFLEXPLXS
Debt / assets 12.3% 20.7% 7.6%
Debt / equity 2.1x 0.9x 0.2x
Net debt / EBITDA 0.7x 1.5x -0.1x
Debt / FCF 2.5x 6.3x 4.5x
Liabilities / assets 94.1% 78.2% 57.9%
Equity / assets 5.9% 21.8% 42.1%
Interest coverage – 6.5x 18.0x
Current ratio 1.0x 1.4x 1.5x
Quick ratio 0.4x 0.6x 0.7x
Cash ratio 0.1x 0.2x 0.2x
Altman Z-score 2.55 2.59 4.26

Shareholder Returns

7 metrics
MetricJBLFLEXPLXS
Dividend yield 0.1% – –
Net buyback yield 3.6% 2.5% 1.5%
Shareholder yield 3.7% 2.5% 1.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJBLFLEXPLXS
Forward P/E 15.9xFY2027 15.7xFY2026 26.0xFY2026
EPS, next fiscal year $17.25FY2027 $4.89FY2026 $8.35FY2026
EPS growth, next FY +31.8%FY2027 +48.2%FY2026 +12.4%FY2026
EPS growth, the year after +36.2% +37.8% +26.7%
Revenue, next fiscal year $46.50BFY2027 $36.35BFY2026 $4.60BFY2026
Revenue growth, next FY +29.3%FY2027 +30.2%FY2026 +14.1%FY2026
Revenue growth, the year after +17.4% +29.3% +16.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJBLFLEXPLXS
Held by institutions 96.9% 94.3% 99.7%
Institutions holding 1,120 1,106 447
Change in shares held, QoQ +3.2% -0.8% -0.6%
Institutions buying 618 674 245
Institutions selling 373 342 135
Buyers to sellers 1.66 1.97 1.81

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JBLFLEXPLXS
JBL 1.00 0.78 0.71
FLEX 0.78 1.00 0.63
PLXS 0.71 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JBL, FLEX and PLXS?

Jabil (JBL) is the largest by market capitalisation: Jabil (JBL) $29.16B, Flex (FLEX) $28.17B, Plexus (PLXS) $5.93B.

Which stock is cheaper, JBL, FLEX and PLXS?

Jabil (JBL) trades on the lowest price-to-earnings ratio (Jabil (JBL) 28.0x, Flex (FLEX) 29.0x, Plexus (PLXS) 32.0x). On next year's consensus earnings, Flex (FLEX) is cheapest (Jabil (JBL) 15.9x, Flex (FLEX) 15.7x, Plexus (PLXS) 26.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Jabil (JBL) grew revenue fastest over the trailing twelve months: Jabil (JBL) +20.6%, Flex (FLEX) +12.2%, Plexus (PLXS) +14.2%.

Which company is more profitable?

Plexus (PLXS) has the highest net margin (Jabil (JBL) 2.9%, Flex (FLEX) 3.3%, Plexus (PLXS) 4.0%). On return on invested capital, Jabil (JBL) leads (Jabil (JBL) 25.9%, Flex (FLEX) 11.3%, Plexus (PLXS) 11.3%).

Which stock has performed better?

Over the past year Plexus (PLXS) returned the most: Jabil (JBL) +32.6%, Flex (FLEX) +19.8%, Plexus (PLXS) +44.8%. Over five years, Flex (FLEX) compounded fastest (Jabil (JBL) +34.8%/yr, Flex (FLEX) +40.4%/yr, Plexus (PLXS) +18.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Plexus (PLXS) has been the steadiest (Jabil (JBL) 47.7%, Flex (FLEX) 68.6%, Plexus (PLXS) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JBL, FLEX and PLXS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jabil (JBL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.