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Plexus PLXS Current ratio

Current ratio at other companies

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Flex Ltd.FLEX
1.4×+0.1×
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1.7×-0.2×
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0.0×
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CelesticaCLS
1.3×-0.2×
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1.7×-0.7×
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2.6×0.0×

Other financials

Income statement

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Revenue$1.2M+18.7%
Gross profit-$1.0B-18.4%
Operating income$61.8M+26.7%
Net income$49.8M+27.5%
EPS (diluted)$1.82+29.1%

Balance sheet

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Cash & equivalents$303.1M-2.4%
Total debt$77.5M-8.4%
Total equity$1.5B+10.2%
Total assets$3.4B+8.9%

Cash flow

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Operating cash flow$28.5M-22.4%
CapEx$12.5M-38.3%
Free cash flow-$50.6M-287%

Valuation

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Market cap$8.03B+98.0%
Enterprise value$7.8B+105%
P/E42.8×+14.4×
P/S+1.0×

Profitability

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Gross margin3.9%-6.1pp
Operating margin5.5%+0.8pp
Net margin4.6%+1.0pp
FCF margin1.9%-8.2pp

Returns & leverage

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Return on equity13.2%+2.3pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Plexus’s reported figures.

Based on the most recent quarter.

The official record: Plexus’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plexus's current ratio?
Plexus (PLXS) reported current ratio of 1.5× in Q1 2026.
How has Plexus's current ratio changed year-over-year?
Plexus's current ratio increased by 0.6% year-over-year, from 1.5× to 1.5×.
What is the long-term trend for Plexus's current ratio?
Over 5 years (2020 to 2025), Plexus's current ratio has grown at a -2.3% compound annual growth rate (CAGR), from 1.8× to 1.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.