Slide 1: Fourth Quarter 2017 Earnings Review
Fourth Quarter 2017 Earnings Review September 27, 2017
Slide 2: Forward-Looking Statements
Forward-Looking Statements Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for our fourth quarter of fiscal year 2017 and full fiscal year 2017; our guidance for future financial performance in our first q
Slide 3: Fourth Quarter 2017 Income Highlights
Fourth Quarter 2017 Income Highlights Three months ended August 31, August 31, 2017 2016 Net revenue $5,023 $4,431 U.S. GAAP operating income $118 $94 U.S. GAAP net income $46 $38 U.S. GAAP diluted earnings per share $0.25 $0.20 Core operating income (non-U.S. GAAP) $191 $108 Core earnings (non-U.S.
Slide 4: Fiscal 2017 Income Highlights
Fiscal 2017 Income Highlights Twelve months ended August 31, August 31, 2017 2016 Net revenue $19,063 $18,353 U.S. GAAP operating income $410 $523 U.S. GAAP net income $129 $254 U.S GAAP diluted earnings per share $0.69 $1.32 Core operating income (non-U.S. GAAP) $667 $630 Core earnings (non-U.S. GA
Slide 5: Fourth Quarter 2017 Segment Results
Fourth Quarter 2017 Segment Results Diversified Manufacturing Revenue increase of 32% Core margin (non-U.S.GAAP) of 2.5% 43% Electronics Manufacturing $5B Revenue increase of 3% 57% Core margin (non-U.S.GAAP) of 4.8% Total Company Revenue Revenue increase of 13% Diversified Manufactu
Slide 6: Fiscal 2017 Segment Results
Fiscal 2017 Segment Results Diversified Manufacturing Revenue increase of 9% Core margin (non-U.S.GAAP) of 2.9% 42% Electronics Manufacturing $19.1B Revenue consistent 58% Core margin (non-U.S.GAAP) of 3.9% Total Company Revenue Revenue increase of 4% Diversified Manufacturing Core
Slide 7: Capital Return Framework
Capital Return Framework Stock Repurchases Dividends Total FY16* $94 $15 $109 FY17 $306 $60 $366 FY18E $450 $56 $506 Total $850 $131 $981 Committed to returning $1 Billion in total through fiscal 2018 *Does not reflect an additional $101 million of share repurchases and dividends in FY16 outside of
Slide 8: First Quarter 2018 Guidance
First Quarter 2018 Guidance Q1 YoY Segment Revenue Guidance 2018E Change Diversified Manufacturing $2.7B 13% Electronics Manufacturing $2.8B 3% Net revenue $5.25B - $5.75B U.S. GAAP operating income $111M - $182M U.S. GAAP diluted earnings per share $0.17 - $0.49 Core operating income (non-U.S. GAAP
Slide 9: Appendix
Appendix
Slide 10: Fourth Quarter 2017 Operating Performance
Fourth Quarter 2017 Operating Performance Q4 2017 Sales, General & Administrative (non-U.S. GAAP) $227M Stock-Based Compensation $15M Amortization of Intangibles $9M Research & Development $8M Net Interest Expense * $37M Core Tax Rate (non-U.S GAAP) ** 24% Net Capital Expenditures *** $102M * Net In
Slide 11: Reconciliation of U.S. GAAP to Core Measures (Non-U.S. GAAP)
11 Reconciliation of U.S. GAAP to Core Measures (Non-U.S. GAAP) Three months ended August 31, 2017 (in thousands, except for per share data) Three months ended August 31, 2017 Operating income U.S. GAAP $ 118,057 Net income attributable to Jabil Inc. (U.S. GAAP) $ 45,679 Amortization of intangibles
Slide 12: Reconciliation of U.S. GAAP to Core Measures (Non-U.S. GAAP)
Reconciliation of U.S. GAAP to Core Measures (N Twelve months ended August 31, 2017 (in thousands, except for per share data) Operating income U.S. GAAP $ 410,230 Twelve months ended August 31, 2017 Net income attributable to Jabil Inc. (U.S. GAAP) $ 129,090 Amortization of intangibles 35,524 Amorti