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Flex Ltd. FLEX Return on assets

Return on assets at other companies

Jabil logo
JabilJBL
4.1%+0.9pp
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CelesticaCLS
13.6%
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TD SYNNEXSNX
3.1%+0.7pp
Fortive logo
FortiveFTV
3.8%-0.8pp
ROP
Roper Technologies, Inc.ROP
5.2%+0.3pp
Amcor logo
AmcorAMCR
2.4%-2.2pp

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$54.08B+89.9%
Enterprise value$56.16B+78.2%
P/E61.5×+27.5×
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 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 return on assets?
Flex Ltd. (FLEX) reported return on assets of 4.4% in Q1 2026.
How has Flex Ltd.'s return on assets changed year-over-year?
Flex Ltd.'s return on assets decreased by 4.9% year-over-year, from 4.6% to 4.4%.
What is the long-term trend for Flex Ltd.'s return on assets?
Over 4 years (2022 to 2026), Flex Ltd.'s return on assets has grown at a -5.3% compound annual growth rate (CAGR), from 22.6% to 18.1%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.