Discontinued — last reported Q4 '24
Flex Ltd. FRS — Operating Income increased by 24.5% to $198.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 24.5%, from $159.00M to $198.00M. Over 2 years (FY 2022 to FY 2024), FRS — Operating Income shows an upward trend with a 10.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved profitability through better cost management or higher-margin product mix within the reliability-focused markets, while a decrease suggests margin compression or operational inefficiencies.
This metric represents the adjusted operating profit generated specifically by the Reliability Solutions business segmen...
Comparable to segment-level operating income reported by other contract manufacturing or industrial electronics firms, though variations exist based on how corporate overhead is allocated to segments.
flex_segment_frs_operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $144.00M | $126.00M | $136.00M | $140.00M | $147.00M | $175.00M | $143.00M | $142.00M | $165.00M | $171.00M | $159.00M | $171.00M | $147.00M | $159.00M | $198.00M |
| QoQ Change | — | -12.5% | +7.9% | +2.9% | +5.0% | +19.0% | -18.3% | -0.7% | +16.2% | +3.6% | -7.0% | +7.5% | -14.0% | +8.2% | +24.5% |
| YoY Change | — | — | — | — | +2.1% | +38.9% | +5.1% | +1.4% | +12.2% | -2.3% | +11.2% | +20.4% | -10.9% | -7.0% | +24.5% |