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.

Flex Ltd. FLEX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25
Profitability
Gross margin	36.4%+4.6pp	35.5%+4.8pp	34.5%+4.7pp	33.2%+5.5pp	31.9%+7.5pp
Operating margin	19.3%+3.9pp	18.9%+4.8pp	18%+4.6pp	16.8%+3.3pp	15.4%+1.9pp
Net margin	13.1%-1.6pp	13.2%-2.0pp	13.9%-0.1pp	14.3%+1.2pp	14.6%+2.5pp
Returns
Return on equity	69.3%-1.1pp	68.2%-4.9pp	69.8%+0.8pp	69.7%+2.4pp	70.4%+5.0pp
Return on invested capital	68.1%+13.2pp	62.8%+8.8pp	58.7%+8.2pp	57%+6.9pp	54.9%+4.9pp
Efficiency
Asset turnover	5.5×+0.2×	5.6×+0.3×	5.5×+0.3×	5.4×+0.1×	5.4×0.0×
Liquidity
Current ratio	5.4×-0.1×	5.4×-0.4×	5.4×-0.5×	5.5×-0.5×	5.5×-0.5×
Leverage
Debt-to-equity	3.5×+0.3×	3.5×+0.4×	3.4×+0.4×	3.4×+0.6×	3.3×+0.4×
Net debt / EBITDA	4.6×-0.2×	4.7×0.0×	4.8×+0.6×	4.9×+1.1×	4.8×+1.1×
Per Share
Book value per share	$53.84+7.3%	$53.09+6.5%	$52.14+2.5%	$51.39-0.3%	$50.19-2.1%
Valuation
Market capitalization	$85.99B+63.5%	$74.6B+43.5%	$67.14B+33.5%	$58.74B+19.7%	$52.59B+6.1%
Price / earnings	98.4×+42.3×	86.2×+33.2×	74.7×+18.9×	64×+6.9×	56.2×-4.2×
Price / sales	3.2×+1.2×	2.8×+0.8×	2.6×+0.7×	2.3×+0.5×	2×+0.2×
Price / book	16.9×+6.3×	14.7×+4.5×	13.3×+3.9×	11.7×+2.8×	10.5×+1.7×
EV / EBITDA	53.2×+11.2×	48.1×+4.7×	45.8×+3.2×	43.4×+2.8×	41.9×+1.7×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Flex Ltd..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.