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Flex Ltd.(FLEX)Earnings, Financials & Key Ratios
FLEX•NASDAQ
70.0× P/E·Price updated Jun 19, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryElectronics Manufacturing and Circuit Boards
AboutFlex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio. It also offers integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; and power solutions, such as switchgear, busway, power distribution, modular power systems, and monitoring solutions and services. Additionally, the company provides after-market and forward supply chain logistics services to computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical industries; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. It serves to cloud, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy industries. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was incorporated in 1990 and is based in Singapore.Show more
- Revenue$25.81B-2.3%
- EBITDA$1.71B+22.9%
- Net Income$838M-16.7%
- EPS (Diluted)2.11-7.5%
- Gross Margin8.36%+18.5%
- EBITDA Margin6.62%+25.7%
- Operating Margin4.53%+40.2%
- Net Margin3.25%-14.8%
- ROE16.23%-11.0%
FLEX Key Insights
Flex Ltd. (FLEX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 56.9%
- ✓Momentum leader: RS Rating 96 (top 4%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 16.8%
- ✓Share count reduced 9.8% through buybacks
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
- ✗Expensive at 11.7x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FLEX Price & Volume
Flex Ltd. (FLEX) stock price & volume — 10-year historical chart
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FLEX Growth Metrics
Flex Ltd. (FLEX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-0.13%
5 Years1.29%
3 Years1.57%
TTM12.19%
Profit CAGR
10 Years3.38%
5 Years56.95%
3 Years-3.62%
TTM-15.73%
EPS CAGR
10 Years7.54%
5 Years65.49%
3 Years2.84%
TTM-10.08%
Return on Capital
10 Years9.55%
5 Years10.71%
3 Years10.62%
Last Year12.81%
FLEX Recent Earnings
Flex Ltd. (FLEX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.93+6.4%
$0.87
Rev
$7.5B+7.4%
$7.0B
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.87+11.7%
$0.78
Rev
$7.1B+3.3%
$6.8B
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.79+4.8%
$0.75
Rev
$6.8B+1.8%
$6.7B
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.72+14.3%
$0.63
Rev
$6.6B+4.6%
$6.3B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.93vs $0.87+6.4% | $7.5Bvs $7.0B+7.4% |
| Q1 2026 | Feb 4, 2026 | $0.87vs $0.78+11.7% | $7.1Bvs $6.8B+3.3% |
| Q4 2025 | Oct 29, 2025 | $0.79vs $0.75+4.8% | $6.8Bvs $6.7B+1.8% |
| Q3 2025 | Jul 24, 2025 | $0.72vs $0.63+14.3% | $6.6Bvs $6.3B+4.6% |
Based on last 12 quarters of dataView full earnings history →
FLEX Peer Comparison
Flex Ltd. (FLEX) competitors in Electronics Manufacturing and Circuit Boards — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 JBL | 39.23B | 371.88 | 62.82 | 3.18% | 2.57% | 62.24% | 2.22 | |
 CLS | 42.83B | 372.55 | 51.10 | 30.71% | 6.95% | 47.71% | 0.41 | |
 BHE | 3.31B | 92.17 | 135.54 | 0.11% | 1.27% | 3.1% | 0.37 | |
 SANM | 13.19B | 241.49 | 54.15 | 7.4% | 2.29% | 7.05% | 0.16 | |
 PLXS | 8.04B | 299.97 | 47.92 | 1.82% | 4.35% | 12.83% | 0.12 | |
 HON | 145.11B | 229.01 | 31.12 | 7.85% | 11.16% | 23.05% | 2.24 | |
 EMR | 84.38B | 150.66 | 37.29 | 3% | 13.35% | 12.1% | 0.68 | |
 APH | 201.58B | 163.96 | 49.09 | 51.71% | 17.28% | 34.57% | 1.15 |
Compare FLEX vs Peers
Flex Ltd. (FLEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FLEX Income Statement
Flex Ltd. (FLEX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 23.86B | 25.44B | 26.21B | 24.21B | 24.12B | 24.63B | 28.5B | 26.41B | 25.81B | 26.84B |
Revenue Growth % | -2.28% | 6.61% | 3.03% | -7.63% | -0.36% | 2.11% | 15.71% | -7.32% | -2.28% | 12.19% |
Cost of Goods Sold | 22.34B | 23.85B | 24.69B | 22.87B | 22.44B | 22.85B | 26.53B | 24.55B | 23.65B | 24.4B |
COGS % of Revenue | 93.63% | 93.73% | 94.21% | 94.47% | 93.01% | 92.77% | 93.07% | 92.94% | 91.64% | - |
Gross Profit | 1.52B▲ 0% | 1.6B▲ 4.9% | 1.52B▼ 4.9% | 1.34B▼ 11.8% | 1.69B▲ 26.0% | 1.78B▲ 5.5% | 1.98B▲ 11.0% | 1.86B▼ 5.6% | 2.16B▲ 15.8% | 2.43B▲ 0% |
Gross Margin % | 6.37% | 6.27% | 5.79% | 5.53% | 6.99% | 7.23% | 6.93% | 7.06% | 8.36% | 9.07% |
Gross Profit Growth % | -5.42% | 4.93% | -4.88% | -11.79% | 25.99% | 5.51% | 11.01% | -5.62% | 15.76% | - |
Operating Expenses | 1.02B | 1.1B | 1.03B | 924M | 892M | 890M | 959M | 1.01B | 990M | 1.12B |
OpEx % of Revenue | 4.27% | 4.32% | 3.92% | 3.82% | 3.7% | 3.61% | 3.36% | 3.83% | 3.84% | - |
Selling, General & Admin | 937.34M | 1.02B | 953M | 834M | 817M | 830M | 874M | 922M | 904M | 997M |
SG&A % of Revenue | 3.93% | 4.01% | 3.64% | 3.44% | 3.39% | 3.37% | 3.07% | 3.49% | 3.5% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 81.4M | 78.64M | 74M | 90M | 75M | 60M | 85M | 90M | 86M | 4M |
Operating Income | 502.21M▲ 0% | 497.84M▼ 0.9% | 491M▼ 1.4% | 415M▼ 15.5% | 795M▲ 91.6% | 890M▲ 11.9% | 1.02B▲ 14.3% | 853M▼ 16.1% | 1.17B▲ 37.0% | 1.31B▲ 0% |
Operating Margin % | 2.1% | 1.96% | 1.87% | 1.71% | 3.3% | 3.61% | 3.57% | 3.23% | 4.53% | 4.89% |
Operating Income Growth % | -14.47% | -0.87% | -1.37% | -15.48% | 91.57% | 11.95% | 14.27% | -16.13% | 37.05% | - |
EBITDA | 1.11B | 1.05B | 1.26B | 1.04B | 1.36B | 1.37B | 1.52B | 1.39B | 1.71B | 1.73B |
EBITDA Margin % | 4.66% | 4.14% | 4.79% | 4.3% | 5.65% | 5.58% | 5.33% | 5.26% | 6.62% | 6.43% |
EBITDA Growth % | 0.84% | -5.28% | 19.25% | -17.12% | 31.03% | 0.73% | 10.48% | -8.43% | 22.88% | 38.08% |
D&A (Non-Cash Add-back) | 609.66M | 555.36M | 765M | 626M | 569M | 484M | 501M | 537M | 539M | 436M |
EBIT | 478.83M | 643.99M | 328M | 441M | 875M | 1.13B | 1.04B | 873M | 1.24B | 1.32B |
Net Interest Income | -95.9M | -104.3M | -126.16M | -126.6M | -136M | -146M | -161M | -105M | -157M | -156M |
Interest Income | 12.1M | 18.8M | 19.5M | 19.38M | 14M | 14M | 30M | 56M | 61M | 51M |
Interest Expense | 108M | 123.1M | 145.66M | 145.98M | 150M | 160M | 191M | 161M | 218M | 207M |
Other Income/Expense | -131.36M | 23.05M | -309M | -256M | -81M | 74M | -210M | -187M | -146M | -205M |
Pretax Income | 370.85M▲ 0% | 520.89M▲ 40.5% | 182M▼ 65.1% | 159M▼ 12.6% | 714M▲ 349.1% | 964M▲ 35.0% | 807M▼ 16.3% | 666M▼ 17.5% | 1.02B▲ 53.6% | 1.11B▲ 0% |
Pretax Margin % | 1.55% | 2.05% | 0.69% | 0.66% | 2.96% | 3.91% | 2.83% | 2.52% | 3.96% | 4.13% |
Income Tax | 51.28M | 92.36M | 89M | 71M | 101M | 92M | 124M | -206M | 185M | 255M |
Effective Tax Rate % | 13.83% | 17.73% | 48.9% | 44.65% | 14.15% | 9.54% | 15.37% | -30.93% | 18.08% | 23.04% |
Net Income | 319.56M▲ 0% | 428.53M▲ 34.1% | 93M▼ 78.3% | 88M▼ 5.4% | 613M▲ 596.6% | 936M▲ 52.7% | 793M▼ 15.3% | 1.01B▲ 26.9% | 838M▼ 16.7% | 852M▲ 0% |
Net Margin % | 1.34% | 1.68% | 0.35% | 0.36% | 2.54% | 3.8% | 2.78% | 3.81% | 3.25% | 3.17% |
Net Income Growth % | -28.04% | 34.1% | -78.3% | -5.38% | 596.59% | 52.69% | -15.28% | 26.86% | -16.7% | -15.73% |
Net Income (Continuing) | 319.56M | 428.53M | 93M | 88M | 613M | 872M | 683M | 872M | 838M | 852M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 68M | 350M | 373M | 0 | 0 |
Minority Interest | 33.74M | 0 | 0 | 0 | 0 | 78M | 355M | 0 | 0 | 0 |
EPS (Diluted) | 0.59▲ 0% | 0.80▲ 35.6% | 0.18▼ 77.5% | 0.17▼ 5.6% | 1.21▲ 611.8% | 1.94▲ 60.3% | 1.72▼ 11.3% | 2.28▲ 32.6% | 2.11▼ 7.5% | 2.27▲ 0% |
EPS Growth % | -25.32% | 35.59% | -77.5% | -5.56% | 611.76% | 60.33% | -11.34% | 32.56% | -7.46% | -10.08% |
EPS (Basic) | 0.59 | 0.81 | 0.18 | 0.17 | 1.23 | 1.97 | 1.75 | 2.47 | 2.14 | - |
Diluted Shares Outstanding | 546.22M | 536.6M | 530.07M | 512.44M | 506M | 483M | 462M | 441M | 398M | 376M |
Basic Shares Outstanding | 540.5M | 529.78M | 518.88M | 508.77M | 499M | 476M | 454M | 408.1M | 391M | 376M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
FLEX Balance Sheet
Flex Ltd. (FLEX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 8.39B | 9.17B | 9.1B | 9.09B | 11.36B | 14.34B | 16.03B | 12.99B | 12.84B | 15.15B |
Cash & Short-Term Investments | 1.83B | 1.47B | 1.7B | 1.92B | 2.64B | 2.96B | 3.16B | 2.47B | 2.29B | 3.06B |
Cash Only | 1.83B | 1.47B | 1.7B | 1.92B | 2.64B | 2.96B | 3.16B | 2.47B | 2.29B | 3.06B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 2.19B | 2.52B | 2.83B | 2.72B | 4.24B | 3.89B | 3.72B | 3.28B | 4.29B | 3.84B |
Days Sales Outstanding | 33.54 | 36.12 | 39.4 | 40.98 | 64.17 | 57.64 | 47.68 | 45.35 | 60.62 | 59.42 |
Inventory | 3.4B | 3.8B | 3.72B | 3.79B | 3.9B | 6.58B | 7.39B | 6.21B | 5.07B | 5.55B |
Days Inventory Outstanding | 55.49 | 58.16 | 55.03 | 60.41 | 63.36 | 105.09 | 101.66 | 92.25 | 78.25 | 78.9 |
Other Current Assets | 967.93M | 1.38B | 854.79M | 660M | 590M | 903M | 1.76B | 1.03B | 1.19B | 2.71B |
Total Non-Current Assets | 4.21B | 4.55B | 4.4B | 4.6B | 4.47B | 4.99B | 5.37B | 5.26B | 5.54B | 5.67B |
Property, Plant & Equipment | 2.32B | 2.24B | 2.34B | 2.82B | 2.74B | 2.76B | 2.95B | 2.87B | 2.89B | 3.06B |
Fixed Asset Turnover | 10.30x | 11.36x | 11.22x | 8.58x | 8.81x | 8.92x | 9.67x | 9.20x | 8.93x | 8.93x |
Goodwill | 984.87M | 1.12B | 1.07B | 1.06B | 1.09B | 1.34B | 1.14B | 1.14B | 1.34B | 1.38B |
Intangible Assets | 362.18M | 424.43M | 331M | 262M | 213M | 411M | 315M | 245M | 343M | 300M |
Long-Term Investments | 0 | 0 | 0 | 0 | 107.8M | 131M | 115M | 123M | 119M | 119M |
Other Non-Current Assets | 541.51M | 760.33M | 655.67M | 456M | 323.2M | 342M | 858M | 892M | 845M | 933M |
Total Assets | 12.59B▲ 0% | 13.72B▲ 8.9% | 13.5B▼ 1.6% | 13.69B▲ 1.4% | 15.84B▲ 15.7% | 19.32B▲ 22.0% | 21.41B▲ 10.8% | 18.26B▼ 14.7% | 18.38B▲ 0.7% | 20.82B▲ 0% |
Asset Turnover | 1.89x | 1.85x | 1.94x | 1.77x | 1.52x | 1.27x | 1.33x | 1.45x | 1.40x | 1.38x |
Asset Growth % | 1.68% | 8.91% | -1.58% | 1.41% | 15.68% | 22.03% | 10.77% | -14.71% | 0.68% | 27.65% |
Total Current Liabilities | 6.5B | 7.27B | 7.6B | 7.21B | 7.83B | 10.71B | 10.87B | 8.54B | 9.85B | 10.86B |
Accounts Payable | 4.48B | 5.12B | 5.15B | 5.11B | 5.25B | 6.25B | 5.72B | 4.47B | 5.15B | 6.48B |
Days Payables Outstanding | 73.27 | 78.41 | 76.08 | 81.52 | 85.36 | 99.89 | 78.76 | 66.43 | 79.42 | 88.08 |
Short-Term Debt | 61.53M | 43.01M | 632.61M | 149M | 268M | 949M | 150M | 0 | 1.21B | 675M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 848M | 2B | 2.96B | 2.62B | 1.96B | 7.71B |
Other Current Liabilities | 1.61B | 1.72B | 1.43B | 1.59B | 998M | 1.04B | 1.53B | 968M | 977M | 1.74B |
Current Ratio | 1.29x | 1.26x | 1.20x | 1.26x | 1.45x | 1.34x | 1.48x | 1.52x | 1.30x | 1.40x |
Quick Ratio | 0.77x | 0.74x | 0.71x | 0.74x | 0.95x | 0.72x | 0.80x | 0.79x | 0.79x | 0.88x |
Cash Conversion Cycle | 15.76 | 15.88 | 18.34 | 19.86 | 42.17 | 62.85 | 70.57 | 71.18 | 59.45 | 50.24 |
Total Non-Current Liabilities | 3.41B | 3.43B | 2.93B | 3.65B | 4.57B | 4.41B | 4.83B | 4.39B | 3.53B | 4.84B |
Long-Term Debt | 2.89B | 2.9B | 2.42B | 2.69B | 3.52B | 3.25B | 3.54B | 3.26B | 2.48B | 4.34B |
Capital Lease Obligations | 0 | 0 | 0 | 529M | 562M | 551M | 504M | 490M | 456M | 2.23B |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 519.85M | 531.59M | 507.59M | 430M | 489M | 608M | 786M | 642M | 590M | -83M |
Total Liabilities | 9.92B | 10.7B | 10.53B | 10.86B | 12.4B | 15.12B | 15.7B | 12.93B | 13.38B | 15.7B |
Total Debt | 2.95B | 2.94B | 3.05B | 3.37B | 4.34B | 4.75B | 4.2B | 3.75B | 4.15B | 5.6B |
Net Debt | 1.12B | 1.47B | 1.36B | 1.44B | 1.71B | 1.78B | 1.03B | 1.28B | 1.86B | 2.54B |
Debt / Equity | 1.10x | 0.97x | 1.03x | 1.19x | 1.26x | 1.13x | 0.74x | 0.70x | 0.83x | 1.09x |
Debt / EBITDA | 2.66x | 2.79x | 2.43x | 3.23x | 3.19x | 3.46x | 2.77x | 2.70x | 2.43x | 3.25x |
Net Debt / EBITDA | 1.01x | 1.39x | 1.08x | 1.39x | 1.25x | 1.30x | 0.68x | 0.92x | 1.09x | 1.47x |
Interest Coverage | 4.43x | 5.23x | 2.25x | 3.02x | 5.83x | 7.06x | 5.43x | 5.42x | 5.69x | 6.38x |
Total Equity | 2.68B▲ 0% | 3.02B▲ 12.7% | 2.97B▼ 1.5% | 2.83B▼ 4.8% | 3.44B▲ 21.4% | 4.21B▲ 22.4% | 5.71B▲ 35.6% | 5.33B▼ 6.7% | 5B▼ 6.1% | 5.12B▲ 0% |
Equity Growth % | 2.79% | 12.71% | -1.53% | -4.76% | 21.37% | 22.44% | 35.63% | -6.68% | -6.07% | -0.98% |
Book Value per Share | 4.90 | 5.63 | 5.61 | 5.52 | 6.79 | 8.71 | 12.35 | 12.07 | 12.57 | 13.62 |
Total Shareholders' Equity | 2.64B | 3.02B | 2.97B | 2.83B | 3.44B | 4.13B | 5.35B | 5.33B | 5B | 5.12B |
Common Stock | 6.73B | 6.64B | 6.52B | 6.34B | 6.23B | 6.05B | 6.49B | 5.07B | 4.14B | 3.51B |
Retained Earnings | -3.57B | -3.14B | -3.01B | -2.9B | -2.29B | -1.35B | -560M | 446M | 1.28B | 0 |
Treasury Stock | -388.21M | -388.21M | -388.21M | -388M | -388M | -388M | -388M | 0 | -200M | 0 |
Accumulated OCI | -128.14M | -85.84M | -151.16M | -215M | -119M | -182M | -194M | -195M | -224M | -104M |
Minority Interest | 33.74M | 0 | 0 | 0 | 0 | 78M | 355M | 0 | 0 | 0 |
FLEX Cash Flow Statement
Flex Ltd. (FLEX) cash flow — operating, investing & free cash flow history
| Metric | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 1.15B | 753.6M | -2.97B | -1.53B | 144M | 1.02B | 950M | 1.33B | 1.5B | 1.71B |
Operating CF Margin % | 4.82% | 2.96% | -11.34% | -6.33% | 0.6% | 4.16% | 3.33% | 5.02% | 5.83% | - |
Operating CF Growth % | 1.18% | -34.46% | -494.25% | 48.4% | 109.39% | 611.11% | -7.23% | 39.58% | 13.5% | 24.82% |
Net Income | 319.56M | 428.53M | 93.4M | 88M | 613M | 936M | 1.03B | 1.25B | 838M | 852M |
Depreciation & Amortization | 609.66M | 555.36M | 507.81M | 626M | 569M | 484M | 501M | 537M | 539M | 563M |
Stock-Based Compensation | 77.33M | 81.35M | 76.03M | 71M | 79M | 91M | 133M | 152M | 125M | 32M |
Deferred Taxes | -20.04M | 0 | -13.86M | 6M | -12M | -44M | -192M | -480M | 23M | 0 |
Other Non-Cash Items | 6.67M | -201.57M | 301.19M | 107M | 10M | 73M | 90M | 123M | 145M | 899M |
Working Capital Changes | 156.72M | -153.26M | -3.93B | -2.43B | -1.11B | -516M | -615M | -251M | -165M | -641M |
Change in Receivables | -164.24M | -296.91M | -3.63B | -2.19B | -1.51B | 398M | -415M | 339M | -966M | -966M |
Change in Inventory | 85.05M | -354.32M | -360.15M | -66M | -96M | -2.65B | -974M | 1.1B | 1.18B | 1.18B |
Change in Payables | 268.69M | 623.15M | 68.07M | -15M | 103M | 969M | -341M | -986M | 630M | 0 |
Cash from Investing | -702.19M | -908.99M | 3.25B | 2.28B | -202M | -951M | -604M | -492M | -838M | -669M |
Capital Expenditures | -525.11M | -562M | -725.61M | -462M | -351M | -443M | -635M | -530M | -438M | -543M |
CapEx % of Revenue | 2.2% | 2.21% | 2.77% | 1.91% | 1.46% | 1.8% | 2.23% | 2.01% | 1.7% | 2.02% |
Acquisitions | -189.08M | -271.33M | 254.35M | 2M | -3M | -539M | 4M | 12M | -405M | -99M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 12.01M | -75.66M | 3.72B | 2.74B | 152M | 31M | 27M | 26M | 5M | -27M |
Cash from Financing | -242.11M | -187.78M | -29.7M | -508M | 743M | 280M | 2M | -1.66B | -821M | -343M |
Debt Issued (Net) | 171.01M | -54.98M | 139M | -246M | 923M | 475M | -306M | -407M | 441M | 268M |
Equity Issued (Net) | -349.53M | -180.05M | -189M | -260M | -183M | -198M | -337M | -1.3B | -1.26B | -1.04B |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -349.53M | -180.05M | -189M | -260M | -183M | -686M | -337M | -1.3B | -1.26B | -1.04B |
Other Financing | -63.59M | 47.24M | 20.3M | -2M | 3M | 3M | 645M | 49M | -5M | 432M |
Net Change in Cash | 223.1M▲ 0% | -358.25M▼ 260.6% | 224.2M▲ 162.6% | 226M▲ 0.8% | 714M▲ 215.9% | 327M▼ 54.2% | 330M▲ 0.9% | -820M▼ 348.5% | -185M▲ 77.4% | 724M▲ 0% |
Free Cash Flow | 624.8M▲ 0% | 191.6M▼ 69.3% | -3.7B▼ 2029.3% | -2B▲ 46.0% | -207M▲ 89.6% | 581M▲ 380.7% | 315M▼ 45.8% | 796M▲ 152.7% | 1.07B▲ 34.0% | 1.16B▲ 0% |
FCF Margin % | 2.62% | 0.75% | -14.1% | -8.24% | -0.86% | 2.36% | 1.11% | 3.01% | 4.13% | 4.33% |
FCF Growth % | -0.16% | -69.33% | -2029.34% | 46.03% | 89.62% | 380.68% | -45.78% | 152.7% | 34.05% | -13.54% |
FCF per Share | 1.14 | 0.36 | -6.97 | -3.89 | -0.41 | 1.20 | 0.68 | 1.80 | 2.68 | 3.09 |
FCF Conversion (FCF/Net Income) | 3.60x | 1.76x | -31.95x | -17.42x | 0.23x | 1.09x | 1.20x | 1.32x | 1.80x | 1.36x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 169M | 227M | 226M | 214M | 214M |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 122M | 124M | 243M | 184M | 0 |
FLEX Key Ratios
Flex Ltd. (FLEX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 12.1% | 15.04% | 3.1% | 3.03% | 19.56% | 24.49% | 16% | 18.24% | 16.23% | 16.83% |
Return on Invested Capital (ROIC) | 9.95% | 9.01% | 8.35% | 7.23% | 12.66% | 11.99% | 11.98% | 9.59% | 13.02% | 13.71% |
Gross Margin | 6.37% | 6.27% | 5.79% | 5.53% | 6.99% | 7.23% | 6.93% | 7.06% | 8.36% | 9.07% |
Net Margin | 1.34% | 1.68% | 0.35% | 0.36% | 2.54% | 3.8% | 2.78% | 3.81% | 3.25% | 3.17% |
Debt / Equity | 1.10x | 0.97x | 1.03x | 1.19x | 1.26x | 1.13x | 0.74x | 0.70x | 0.83x | 1.09x |
Interest Coverage | 4.43x | 5.23x | 2.25x | 3.02x | 5.83x | 7.06x | 5.43x | 5.42x | 5.69x | 6.38x |
FCF Conversion | 3.60x | 1.76x | -31.95x | -17.42x | 0.23x | 1.09x | 1.20x | 1.32x | 1.80x | 1.36x |
Revenue Growth | -2.28% | 6.61% | 3.03% | -7.63% | -0.36% | 2.11% | 15.71% | -7.32% | -2.28% | 12.19% |
Related:FLEX Dividend History·FLEX Revenue History·FLEX Price History·FLEX P/E History·FLEX Financial Ratios·FLEX Institutional Holders
FLEX SEC Filings & Documents
Flex Ltd. (FLEX) SEC filings — annual & quarterly reports (10-K, 10-Q)
FLEX Frequently Asked Questions
Flex Ltd. (FLEX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Flex Ltd. (FLEX) reported $26.84B in revenue for fiscal year 2025. This represents a 4591% increase from $572.0M in 1996.
Flex Ltd. (FLEX) saw revenue decline by 2.3% over the past year.
Yes, Flex Ltd. (FLEX) is profitable, generating $852.0M in net income for fiscal year 2025 (3.2% net margin).
Dividend & Returns
Flex Ltd. (FLEX) has a return on equity (ROE) of 16.2%. This is reasonable for most industries.
Flex Ltd. (FLEX) generated $1.16B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.