• Jabil average debt/equity ratio for 2023 was 1.04, a 3.7% increase from 2022.
• Jabil average debt/equity ratio for 2022 was 1.08, a 14.29% decline from 2021.
• Jabil average debt/equity ratio for 2021 was 1.26, a 4.55% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.