Discontinued — last reported Q4 '24

Business Segments · Operating Income

FAS — Operating Income

Flex Ltd. FAS — Operating Income increased by 4.1% to $227.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 30.5%, from $174.00M to $227.00M. Over 2 years (FY 2022 to FY 2024), FAS — Operating Income shows an upward trend with a 5.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2019
Last reportedQ4 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency, better cost management, or higher-margin product mix within the segment, while a decrease suggests margin compression, rising operational costs, or reduced demand in the served electronics markets.

Detailed definition

This metric represents the adjusted operating profit generated by the Flex Agility Solutions segment, which encompasses...

Peer comparison

Comparable to segment-level operating income reported by other contract manufacturing and electronics manufacturing services (EMS) providers, typically evaluated against segment revenue to determine operating margin performance.

Metric ID: flex_segment_fas_operating_income

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$137.00M$153.00M$163.00M$152.00M$171.00M$170.00M$181.00M$172.00M$146.00M$168.00M$174.00M$181.00M$179.00M$218.00M$227.00M
QoQ Change+11.7%+6.5%-6.7%+12.5%-0.6%+6.5%-5.0%-15.1%+15.1%+3.6%+4.0%-1.1%+21.8%+4.1%
YoY Change+24.8%+11.1%+11.0%+13.2%-14.6%-1.2%-3.9%+5.2%+22.6%+29.8%+30.5%
Range$137.00M$227.00M
CAGR+15.5%
Avg YoY Growth+11.7%
Median YoY Growth+11.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Flex Ltd.'s fas — operating income?
Flex Ltd. (FLEX) reported fas — operating income of $227.00M in Q4 2024.
How has Flex Ltd.'s fas — operating income changed year-over-year?
Flex Ltd.'s fas — operating income increased by 30.5% year-over-year, from $174.00M to $227.00M.
What is the long-term trend for Flex Ltd.'s fas — operating income?
Over 2 years (2022 to 2024), Flex Ltd.'s fas — operating income has grown at a 5.2% compound annual growth rate (CAGR), from $605.00M to $669.00M.
What does fas — operating income mean?
The adjusted operating profit earned by the company's high-volume electronics manufacturing and design segment.