JABIL INC PP&E Disclosure
| Asset Class | Estimated Useful Life | ||||
| Buildings | Up to 35 years | ||||
| Leasehold improvements | Shorter of lease term or useful life of the improvement | ||||
| Machinery and equipment | 2 to 15 years | ||||
| Furniture, fixtures and office equipment | 5 years | ||||
| Computer hardware and software | 3 to 7 years | ||||
| Transportation equipment | 3 years | ||||
| August 31, 2025 | August 31, 2024 | ||||||||||
| Land and improvements | $ | 95 | $ | 108 | |||||||
| Buildings | 1,486 | 1,451 | |||||||||
| Leasehold improvements | 714 | 681 | |||||||||
| Machinery and equipment | 4,122 | 4,125 | |||||||||
| Furniture, fixtures and office equipment | 219 | 218 | |||||||||
| Computer hardware and software | 800 | 824 | |||||||||
| Transportation equipment | 25 | 7 | |||||||||
Construction in progress(1) | 356 | 346 | |||||||||
| Property, plant and equipment | 7,817 | 7,760 | |||||||||
| Less accumulated depreciation and amortization | 4,970 | 4,736 | |||||||||
| Property, plant and equipment, net | $ | 2,847 | $ | 3,024 | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 17, 2025 | Showing above |
| 2024 | Oct 28, 2024 | |
| 2023 | Oct 20, 2023 | |
| 2022 | Oct 25, 2022 | |
| 2021 | Oct 22, 2021 | |
| 2020 | Oct 22, 2020 | |
| 2019 | Oct 22, 2019 | |
| 2018 | Oct 19, 2018 | |
| 2017 | Oct 19, 2017 | |
| 2016 | Oct 20, 2016 | |
| 2015 | Oct 16, 2015 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.