Slide 1: 2020 Fourth Quarter Earnings
2020 FOURTH QUARTER EARNINGS Mike Dastoor September 24, 2020
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for the fourth quarter and fiscal year 2020; our guidance for future financial performance in our first quarter of fiscal year 2021
Slide 3: Fourth Quarter and Fiscal Year 2020 Income Highlights
Fourth Quarter and Fiscal Year 2020 Income Highlights THREE MONTHS ENDED FISCAL YEAR ENDED AUGUST 31, AUGUST 31, (In millions, except for per share data) 2020 2019 2020 2019 Net revenue $7,300 $6,573 $27,266 $25,282 U.S. GAAP operating income $197 $190 $500 $701 U.S. GAAP net income $68 $53 $54 $287
Slide 4: Fourth Quarter Segment Results
Fourth Quarter Segment Results DIVERSIFIED MANUFACTURING SERVICES (DMS) ▪ Net Revenue Increase of 17% ▪ Core margin* (non-GAAP) of 3.5% DMS ELECTRONICS MANUFACTURING SERVICES (EMS) 39% $7.3B ▪ Net Revenue Increase of 8% ▪ Core margin* (non-GAAP) of 3.5% REVENUE EMS 61% TOTAL COMPANY ▪ Net Revenue In
Slide 5: FY20 Segment Results
FY20 Segment Results DIVERSIFIED MANUFACTURING SERVICES (DMS) ▪ Net Revenue Increase of 8% ▪ Core margin* (non-GAAP) of 3.9% ELECTRONICS MANUFACTURING SERVICES (EMS) DMS ▪ Net Revenue Increase of 8% $27.3B 39% ▪ Core margin* (non-GAAP) of 2.7% REVENUE EMS 61% TOTAL COMPANY ▪ Net Revenue Increase of
Slide 6: Cash Flow Highlights
Cash Flow Highlights FISCAL YEAR ENDED AUGUST 31, (In millions) 2020 Cash flow from operations $1,257 Net capital expenditures1 $796 Adjusted Free cash flow (non-GAAP)1 $461 Core EBITDA (non-GAAP)1 $1,603 1 See U.S. GAAP to non-GAAP reconciliation in appendix and U.S. GAAP to non-GAAP definitions lo
Slide 7: Appendix: GAAP to Non-GAAP Reconciliations
APPENDIX GAAP to Non-GAAP Reconciliations
Slide 8: Jabil Inc. and Subsidiaries Non-GAAP Reconciliation
JABIL INC. AND SUBSIDIARIES OPERATING INCOME, EBITDA and NET INCOME NON-GAAP RECONCILIATION (In thousands, except for per share data) (Unaudited) Three months ended Fiscal year ended August 31, 2020 August 31, 2019 August 31, 2020 August 31, 2019 Operating income (U.S. GAAP) $ 197,053 $ 189,745 $ 49