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Flex Ltd. FLEX EV / sales

EV / sales at other companies

Jabil logo
JabilJBL
0.9×+0.3×
Celestica logo
CelesticaCLS
2.4×+1.4×
TD SYNNEX logo
TD SYNNEXSNX
0.2×0.0×
Fortive logo
FortiveFTV
4.8×-2.1×
ROP
Roper Technologies, Inc.ROP
5.7×-4.0×
Amcor logo
AmcorAMCR
1.5×-0.1×

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 the most recent quarter.

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 EV / sales?
Flex Ltd. (FLEX) reported EV / sales of 0.9× in Q1 2026.
How has Flex Ltd.'s EV / sales changed year-over-year?
Flex Ltd.'s EV / sales increased by 64.8% year-over-year, from 0.6× to 0.9×.
What is the long-term trend for Flex Ltd.'s EV / sales?
Over 4 years (2022 to 2026), Flex Ltd.'s EV / sales has grown at a 21.0% compound annual growth rate (CAGR), from 1.6× to 3.5×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.