Flex Ltd. FLEX Ratios & Valuation
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 9.4%+0.9pp | 9.2%+1.1pp | 9%+1.3pp | 8.8%+1.3pp | 8.5%+1.2pp | |
| Operating margin | 4.9%+0.4pp | 4.8%+0.8pp | 4.7%+1.2pp | 4.8%+1.4pp | 4.5%+1.3pp | |
| Net margin | 3.2%-0.1pp | 3.2%-0.8pp | 3.3%-0.4pp | 3.4%-0.3pp | 3.2%-0.6pp | |
| Returns | ||||||
| Return on equity | 17.3%+1.1pp | 16.8%-1.6pp | 17.5%+0.1pp | 17.7%-0.8pp | 16.2%-2.6pp | |
| Return on invested capital | 19.2%+5.3pp | 18.7%+4.1pp | 14.9%+1.7pp | 15.2%+2.1pp | 13.9%+0.9pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×0.0× | 1.4×0.0× | 1.4×+0.1× | 1.4×+0.1× | 1.4×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.4×+0.1× | 1.4×0.0× | 1.3×-0.1× | 1.4×0.0× | 1.3×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.9×0.0× | 1×+0.1× | 0.9×0.0× | 0.8×+0.1× | 0.9×+0.1× | |
| Net debt / EBITDA | 1.1×-0.1× | 1.1×-0.1× | 1.2×0.0× | 1.2×+0.1× | 1.2×+0.1× | |
| Per Share | ||||||
| Book value per share | $13.61+5.8% | $13.62+7.5% | $13.25+5.9% | $13.36+9.9% | $12.86+2.6% | |
| Valuation | ||||||
| Market capitalization | $24.07B+89.9% | $22.34B+50.1% | $21.68B+63.3% | $17.9B+52.2% | $12.67B+5.2% | |
| Price / earnings | 27.3×+12.2× | 26.2×+11.5× | 24.7×+10.7× | 20.1×+7.8× | 15.1×+3.1× | |
| Price / sales | 0.9×+0.4× | 0.8×+0.3× | 0.8×+0.3× | 0.7×+0.2× | 0.5×0.0× | |
| Price / book | 4.7×+2.1× | 4.4×+1.4× | 4.3×+1.7× | 3.5×+1.2× | 2.5×+0.3× | |
| EV / EBITDA | 14.2×+5.1× | 13.7×+2.3× | 13.7×+2.4× | 11.7×+1.5× | 9.1×-1.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Flex Ltd.'s profit margins?
- Flex Ltd. (FLEX) runs a 9.4% gross margin and a 4.9% operating margin, with a 3.2% net margin.
- Where do Flex Ltd.'s ratios come from?
- Every ratio is computed from Flex Ltd.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
