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Flex Ltd. FLEX EBITDA margin

EBITDA margin at other companies

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3.1%+0.4pp
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Other financials

Income statement

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Revenue$7.5B+16.9%
Gross profit$730.0M+29.7%
Operating income$372.0M+22.0%
Net income$250.0M+12.6%
EPS (diluted)$0.67+17.5%

Balance sheet

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Cash & equivalents$2.4B+4.4%
Total debt$4.5B+4.3%
Total equity$5.1B+2.8%
Total assets$22.1B+20.0%

Cash flow

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Operating cash flow$413.0M-4.6%
CapEx$202.0M+80.4%
Free cash flow$211.0M-34.3%

Valuation

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Market cap$54.08B+89.9%
Enterprise value$56.16B+78.2%
P/E61.5×+27.5×
P/S1.9×+0.8×

Profitability

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Gross margin9.4%+0.9pp
Operating margin4.9%+0.4pp
Net margin3.2%-0.1pp

Returns & leverage

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Return on equity17.3%+1.1pp
Debt / equity0.9×0.0×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Flex Ltd.’s reported figures.

Based on trailing twelve months.

The official record: Flex Ltd.’s 10-K, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flex Ltd.'s EBITDA margin?
Flex Ltd. (FLEX) reported EBITDA margin of 6.6% in Q1 2026.
How has Flex Ltd.'s EBITDA margin changed year-over-year?
Flex Ltd.'s EBITDA margin increased by 5.5% year-over-year, from 6.3% to 6.6%.
What is the long-term trend for Flex Ltd.'s EBITDA margin?
Over 4 years (2022 to 2026), Flex Ltd.'s EBITDA margin has grown at a 4.4% compound annual growth rate (CAGR), from 22.2% to 26.4%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.