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Flex Ltd. FLEX Price / earnings

Price / earnings at other companies

Jabil logo
JabilJBL
44.6×+13.1×
Celestica logo
CelesticaCLS
33.8×+12.1×
TD SYNNEX logo
TD SYNNEXSNX
12.8×-4.1×
Fortive logo
FortiveFTV
31.3×+0.1×
ROP
Roper Technologies, Inc.ROP
21.2×-21.0×
Amcor logo
AmcorAMCR
27.1×+9.7×

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+4.3%
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$52.44B+89.9%
Enterprise value$54.52B+78.2%
P/S1.9×+0.8×

Profitability

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

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

Calculated from Flex Ltd.’s reported figures.

Based on the most recent quarter.

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 price / earnings?
Flex Ltd. (FLEX) reported price / earnings of 27.3× in Q1 2026.
How has Flex Ltd.'s price / earnings changed year-over-year?
Flex Ltd.'s price / earnings increased by 80.8% year-over-year, from 15.1× to 27.3×.
What is the long-term trend for Flex Ltd.'s price / earnings?
Over 4 years (2022 to 2026), Flex Ltd.'s price / earnings has grown at a 27.6% compound annual growth rate (CAGR), from 37.1× to 98.4×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.