Filing Flows › Jabil (JBL) › Takeover & LBO
Is Jabil (JBL) a takeover target?
A leveraged buyout at today's price plus 30% ($307.27 a share) would return about 3% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $198.63 a share (−16% against today's $236.36). Historically 2.0% of companies with its figures were bought within a year (0.4× the average).
The buyout, step by step
| Entry | Amount | How |
|---|---|---|
| Offer price a share | $307.27 | today's $236.36 plus 30% |
| × shares | 106.9 million | |
| = Equity value | $32.8B | |
| + Debt refinanced | $3.4B | |
| − Cash | $1.7B | |
| + Other claims | $4.0M | preferred stock, minority interests |
| = Enterprise value | $34.5B | 14.5× EBITDA of $2.4B |
| Fees | $690M | 2% of the price |
| New debt | $13.1B | 5.5× EBITDA at 7.65% a year; the limit that binds: 5.5× EBITDA |
| Buyer's own money | $22.1B | 63% of the cost |
5 years under the buyer
| Year | Revenue | EBITDA | Interest | Free cash flow | Debt left |
|---|---|---|---|---|---|
| Year 1 | $38.8B | $2.6B | $1.0B | $388M | $12.7B |
| Year 2 | $41.5B | $2.7B | $974M | $531M | $12.2B |
| Year 3 | $43.7B | $2.9B | $933M | $678M | $11.5B |
| Year 4 | $45.6B | $3.0B | $881M | $826M | $10.7B |
| Year 5 | $47.0B | $3.1B | $818M | $972M | $9.7B |
The exit and the buyer's return
| Exit | Amount | |
|---|---|---|
| Exit multiple | 11.3× EBITDA | today's trading multiple, before any premium |
| Enterprise value at exit | $35.1B | |
| − Debt left | $9.7B | |
| = Buyer's equity | $25.4B | |
| Money multiple | 1.15× | on $22.1B put in |
| Buyer's yearly return (IRR) | 2.9% |
Price against return
What the buyer makes at other premiums over today's $236.36; the IRR reaches 20% at $198.63 a share.
| Premium | Price a share | Buyer's IRR |
|---|---|---|
| 10% | $260.00 | 8.5% |
| 20% | $283.63 | 5.5% |
| 30% | $307.27 | 2.9% |
| 40% | $330.90 | 0.6% |
| 50% | $354.54 | −1.4% |
The figures used
| Figure | Amount | |
|---|---|---|
| Revenue, last 12 months | $36.0B | |
| EBITDA, last 12 months | $2.4B | 6.6% of revenue |
| Depreciation and amortization | $681M | |
| Capital spending | $628M | |
| Debt | $3.4B | |
| Cash | $1.7B | |
| Share price | $236.36 | on Nov 6, 2026 |
Fixed rules, the same as the interactive view's starting point: the shares are bought at today's price plus 30%, the company's debt is refinanced and fees take 2%. New debt is the least of 5.5× EBITDA, 65% of the price and the amount whose interest EBITDA covers 2 times, at 7.65% a year (SOFR 3.89% plus the high-yield B spread 3.26% plus 0.5%, rates of Oct 15, 2026). Revenue grows 8.0% in the first year — the company's own rate, held between −3% and +8% — fading to 3% by year 5; the EBITDA margin, depreciation and capital spending stay at today's share of revenue; working capital takes 10% of each year's added revenue; tax is 26% of profit after interest. Every dollar of free cash flow repays debt. After 5 years the buyer sells at today's multiple of EBITDA.
What a takeover could cost
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Jabil would cost about $307.27 a share, $32.8B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 12% | $264.72 | $28.3B |
| Median | 30% | $307.27 | $32.8B |
| High end (a quarter paid more) | 31% | $309.63 | $33.1B |
The odds, from history
Historically 2.0% of companies with its figures were bought within a year (0.4× the average). Its figures put it in decile 1 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Jabil's latest quarter
Jabil, Q4 FY26: revenue $10.6B (+29% year over year), operating margin 5.7%, net earnings $397M, operating cash flow $733M. The chart follows the revenue to costs, profit and cash.
Questions
Is Jabil being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Jabil?
A leveraged buyout at today's price plus 30% ($307.27 a share) would return about 3% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $198.63 a share (−16% against today's $236.36).
What would a takeover of Jabil cost?
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Jabil would cost about $307.27 a share, $32.8B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.