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Flex Ltd. FLEX Asia — PP&E (Net)

Other geography segments

Americas
$1.42B+9.8%
Europe
$501M+3.7%

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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+4.2%
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$59.09B+244%
Enterprise value$61.17B+219%
P/E67.2×+46.6×
P/S2.1×+1.5×

Profitability

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Gross margin9.4%+0.9pp
Operating margin4.9%+0.4pp
Net margin3.2%-0.1pp
FCF margin3.8%-0.4pp

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

Reported directly by Flex Ltd. in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 asia — PP&E (net)?
Flex Ltd. (FLEX) reported asia — PP&E (net) of $585M in Q1 2026.
How has Flex Ltd.'s asia — PP&E (net) changed year-over-year?
Flex Ltd.'s asia — PP&E (net) increased by 5.4% year-over-year, from $555M to $585M.
What does asia — PP&E (net) mean?
This metric represents the net book value of physical assets, including manufacturing facilities, machinery, and equipment, located within the Asia region. It reflects the capital intensity of the company's regional operations and the scale of its production infrastructure. Tracking this helps investors understand the company's investment in regional capacity and the potential for future production output.