Flex Ltd. FLEX Interest coverage
Interest coverage at other companies
Other financials
Where this comes from
Calculated from Flex Ltd.’s reported figures.
Based on trailing twelve months.
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 interest coverage?
- Flex Ltd. (FLEX) reported interest coverage of 6.4× in Q1 2026.
- How has Flex Ltd.'s interest coverage changed year-over-year?
- Flex Ltd.'s interest coverage increased by 18.7% year-over-year, from 5.4× to 6.4×.
- What is the long-term trend for Flex Ltd.'s interest coverage?
- Over 3 years (2023 to 2026), Flex Ltd.'s interest coverage has grown at a 7.2% compound annual growth rate (CAGR), from 19.6× to 24.2×.
- What does interest coverage mean?
- How many times the company's operating profit covers its interest bill.
- How do you interpret interest coverage?
- Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
- How does interest coverage compare across companies?
- Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.