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Flex Ltd. FLEX Enterprise value

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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$52.44B+89.9%
P/E59.6×+26.6×
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.

$24.1Bmarket cap+$4.5Btotal debt−$2.4Bcash and equivalents=$26.14B

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 enterprise value?
Flex Ltd. (FLEX) reported enterprise value of $26.14B in Q1 2026.
How has Flex Ltd.'s enterprise value changed year-over-year?
Flex Ltd.'s enterprise value increased by 78.2% year-over-year, from $14.67B to $26.14B.
What is the long-term trend for Flex Ltd.'s enterprise value?
Over 4 years (2022 to 2026), Flex Ltd.'s enterprise value has grown at a 22.4% compound annual growth rate (CAGR), from $41.93B to $94.1B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.