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Flex Ltd. FLEX Net margin

Net margin at other companies

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PlexusPLXS
4.6%+1.0pp
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Benchmark ElectronicsBHE
1.9%+0.4pp
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Sanmina CorpSANM
2.4%-0.8pp
Jabil logo
JabilJBL
2.6%+0.5pp
UFP Technologies logo
UFP TechnologiesUFPT
11.3%-0.3pp
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
10%+5.3pp

Other financials

Income statement

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Revenue$7.9B+20.6%
Gross profit$747.0M+27.0%
Operating income$392.0M+26.0%
Net income$285.0M+48.4%
EPS (diluted)$0.76+52.0%

Balance sheet

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Cash & equivalents$2.8B+26.8%
Total debt$5.9B+39.1%
Total equity$5.5B+8.1%
Total assets$25.2B+31.7%

Cash flow

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Operating cash flow$276.0M-30.8%
CapEx$236.0M+77.4%
Free cash flow$40.0M-85.0%

Valuation

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Market cap$41.68B+118%
Enterprise value$44.77B+112%
P/E42.8×+21.4×
P/S1.4×+0.7×

Profitability

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Gross margin9.5%+0.7pp
Operating margin5%+0.2pp
FCF margin2.8%-1.4pp

Returns & leverage

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Return on equity18.4%+0.7pp
Debt / equity1.1×+0.2×
Current ratio1.4×0.0×

Where this comes from

Calculated from Flex Ltd.’s reported figures.

Based on trailing twelve months.

The source filing: Flex Ltd.’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:15 AM EDT
Accession
0000866374-26-000026

FAQ

What is Flex Ltd.'s net margin?
Flex Ltd. (FLEX) reported net margin of 3.3% in Q2 2026.
How has Flex Ltd.'s net margin changed year-over-year?
Flex Ltd.'s net margin decreased by 2.7% year-over-year, from 3.4% to 3.3%.
What is the long-term trend for Flex Ltd.'s net margin?
Over 5 years (2021 to 2026), Flex Ltd.'s net margin has grown at a 4.4% compound annual growth rate (CAGR), from 2.5% to 3.2%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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