Companies / Information Technology
FLEX
Flex Ltd.
Electronic Manufacturing Services
Electronic Manufacturing ServicesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health56
Growth38
Profitability21
Cash generation57
Balance sheet65
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-25)24.8%Revenue growth (FY)8.1%Revenue CAGR (3y)-0.7%Gross margin9.2%Operating margin4.9%Net margin3.2%Free cash flow margin3.8%R&D / revenue—Stock comp / revenue0.5%Net debt / operating cash flow0.81xCurrent ratio1.36Diluted share count change-5.0%
| Fiscal year ending | FY 2022-03 | FY 2023-03 | FY 2024-03 | FY 2025-03 | FY 2026-03 |
|---|---|---|---|---|---|
| Revenue | $24.6B | $28.5B | $26.4B | $25.8B | $27.9B |
| Gross profit | $1.8B | $2.0B | $1.9B | $2.2B | $2.6B |
| Operating income | $890M | $1.0B | $853M | $1.2B | $1.4B |
| Net income | $936M | $793M | $1.0B | $838M | $880M |
| Operating cash flow | $1.0B | $950M | $1.3B | $1.5B | $1.7B |
| Capital expenditure | $443M | $635M | $530M | $438M | $633M |
| Free cash flow | $581M | $315M | $796M | $1.1B | $1.1B |
| Stock-based comp | $91M | $133M | $152M | $125M | $142M |
| Buybacks | $686M | $337M | $1.3B | $1.3B | $944M |
| Cash | $3.0B | $3.2B | $2.5B | $2.3B | $2.4B |
| Total debt | $5.1B | $3.8B | $3.3B | $4.9B | $3.8B |
| Equity | $4.1B | $5.4B | $5.3B | $5.0B | $5.1B |
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