FLEX LTD. FLEX

Latest FY: 2026 Technology Electronic Components
Market Price $126.20
Market Cap $45.56B
P/E Ratio 54.16
Quick Peer Compare (Technology):
Revenue (FY 2026) ↑8.1% YoY
$27.91B
3-Yr CAGR: -2.7%
Net Income ↑5.0% YoY
$880.00M
Net Margin: 3.2%
Free Cash Flow ↓-1.4% YoY
$1.05B
FCF Yield: 2.31%
EPS (Diluted) ↑10.4% YoY
$2.33
Basic: $2.37
Return on Equity Efficiency
17.1%
ROA: 4.0%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (FLEX)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2017 $23,862.9M $1,520.9M $319.6M $0.44 $1,149.9M $624.8M
FY 2018 $25,441.1M +6.6% $1,595.9M $428.5M +34.1% $0.60 +35.6% $753.6M $191.6M -69.3%
FY 2019 $26,210.5M +3.0% $1,517.8M $93.4M -78.2% $0.14 -77.5% $-2,971.0M $-3,696.6M -2,029.3%
FY 2020 $24,209.9M -7.6% $1,338.0M $87.6M -6.2% $0.13 -5.6% $-1,533.3M $-1,995.0M +46.0%
FY 2021 $24,124.0M -0.4% $1,687.0M $613.0M +599.9% $0.91 +611.8% $144.0M $-207.0M +89.6%
FY 2022 $26,041.0M +7.9% $1,932.0M $936.0M +52.7% $1.46 +60.3% $1,024.0M $581.0M +380.7%
FY 2023 $30,346.0M +16.5% $2,265.0M $793.0M -15.3% $1.30 -11.3% $950.0M $315.0M -45.8%
FY 2024 $26,415.0M -13.0% $1,865.0M $1,006.0M +26.9% $2.28 +75.9% $1,326.0M $796.0M +152.7%
FY 2025 $25,813.0M -2.3% $2,159.0M $838.0M -16.7% $2.11 -7.5% $1,505.0M $1,067.0M +34.0%
FY 2026 $27,914.0M +8.1% $2,567.0M $880.0M +5.0% $2.33 +10.4% $1,685.0M $1,052.0M -1.4%
$

Valuation

Market Price $126.20
Market Cap $45.56B
Enterprise Value $46.92B
P/E Ratio 54.16
P/B Ratio 8.99
FCF Yield 2.31%
Dividend Yield N/A
Shares Outstanding 366,377,900
%

Profitability & Margins

Gross Margin 9.20%
Operating Margin 4.90%
Net Margin 3.15%
Return on Equity (ROE) 17.11%
Return on Assets (ROA) 3.99%
Asset Turnover 1.27x
Revenue 3-Yr CAGR -2.75%
🛡️

Financial Health & Liquidity

Current Ratio 1.36
Cash Ratio 0.20
Debt / Equity 0.729
Debt / Assets 0.170
Cash & Equivalents $2.39B
Total Debt $3.75B
Book Value / Share $14.04
💧

Cash Flow Efficiency

Operating Cash Flow $1.69B
Capital Expenditures (CapEx) $633.00M
Free Cash Flow $1.05B
OCF / Revenue 6.04%
FCF / Revenue 3.77%
FCF 3-Yr CAGR 49.47%
🏷️

Per Share Metrics

EPS (Diluted) $2.33
EPS (Basic) $2.37
Dividends / Share N/A
Book Value / Share $14.04
EPS YoY Growth 10.43%
🏛️

Balance Sheet (FY 2026)

Total Assets $22.06B
Total Liabilities $16.92B
Stockholders' Equity $5.14B
Current Assets $16.33B
Current Liabilities $12.02B