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Flex Ltd. FLEX Amortization expense

Amortization expense at other companies

General Motors logo
General MotorsGM
$36.25M-0.7%
U.S. Bancorp logo
U.S. BancorpUSB
$110M-10.6%
Flex Ltd. logo
Flex Ltd.FLEX
$16M-11.1%
Elevance Health logo
Elevance HealthELV
$112M-27.7%
Cadence Design Systems logo
Cadence Design SystemsCDNS
$20.21M+127%
Stryker logo
StrykerSYK
$180M+7.8%

Other financials

Income statement

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Revenue$7.9B+20.6%
Gross profit$747.0M+27.0%
Operating income$392.0M+26.0%
Net income$285.0M+48.4%
EPS (diluted)$0.76+52.0%

Balance sheet

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Cash & equivalents$2.8B+26.8%
Total debt$5.9B+39.1%
Total equity$5.5B+8.1%
Total assets$25.2B+31.7%

Cash flow

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Operating cash flow$276.0M-30.8%
CapEx$236.0M+77.4%
Free cash flow$40.0M-85.0%

Valuation

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Market cap$45.02B+141%
Enterprise value$48.11B+132%
P/E46.3×+25.3×
P/S1.5×+0.8×

Profitability

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Gross margin9.5%+0.7pp
Operating margin5%+0.2pp
Net margin3.3%-0.1pp
FCF margin2.8%-1.4pp

Returns & leverage

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Return on equity18.4%+0.7pp
Debt / equity1.1×+0.2×
Current ratio1.4×0.0×

FAQ

What does amortization expense mean?
Amortization expense is the systematic allocation of the cost of intangible assets over their estimated useful lives. This non-cash charge reflects the gradual consumption of assets such as patents, customer relationships, or acquired technology.