Jabil (JBL) Operating Margin (2009 - 2026)
Jabil (JBL) recorded Operating Margin of 5.09% in fiscal Q3 2026 (quarter ended May 31, 2026), down 0.06 percentage points from 5.15% a year earlier but up 0.57 percentage points from the prior quarter.
Jabil (JBL) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Jabil's Operating Margin came in at 4.28% as of May 31, 2026, up 0.21 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it was 3.97%, down 3.00 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +2.13 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Operating Margin came in at 6.97% in FY2024 (+2.54 pp), 4.43% in FY2023 (+0.27 pp), 4.16% in FY2022 (+0.56 pp) and 3.60% in FY2021 (+1.77 pp).
- Quarterly Operating Margin has ranged from 2.82% in fiscal Q1 2025 to 16.71% in fiscal Q2 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last eight quarters, with an average year-over-year change of -1.54 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 12.30 percentage points in fiscal Q2 2024, against a drop of 13.07 percentage points in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.52% (Q2 2026), 3.41% (Q1 2026) and 4.08% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 16.79% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 11.41% |
| 10 | Jabil | 33.44 Bn | 26.74 Bn | 828.00 Mn | 5.09% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 5.09% |
| Feb 28, 2026 | 4.52% |
| Nov 30, 2025 | 3.41% |
| Aug 31, 2025 | 4.08% |
| May 31, 2025 | 5.15% |
| Feb 28, 2025 | 3.64% |
| Nov 30, 2024 | 2.82% |
| Aug 31, 2024 | 4.57% |
| May 31, 2024 | 3.86% |
| Feb 29, 2024 | 16.71% |
| Nov 30, 2023 | 3.61% |
| Aug 31, 2023 | 5.21% |
| May 31, 2023 | 4.42% |
| Feb 28, 2023 | 4.41% |
| Nov 30, 2022 | 3.76% |
| Aug 31, 2022 | 4.53% |
| May 31, 2022 | 3.85% |
| Feb 28, 2022 | 4.14% |
| Nov 30, 2021 | 4.09% |
| Aug 31, 2021 | 3.58% |
Jabil Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=JBL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "JBL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=JBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();