Flex Ltd.: stock overview

FLEXNASDAQTechnology · Printed Circuit Boards

Price

$74.98

November 13, 2026Market cap $27.5B

DCF calculator

What Ploutos Investor adds for Flex

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 17 fiscal years, from FY2010
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

In short

Flex had revenue of $31.0B over the last 12 months and net income of $1.0B, a net margin of 3.4%. Revenue grew by 3.0% a year on average over the last 5 years. At $74.98 the shares trade at a P/E of 26.5, against a median of 13.4 over the last 5 fiscal years. It has net debt of $2.1B. It pays no dividend.

From its SEC filings (latest fiscal year to March 31, 2026) and the price of November 13, 2026.

Its SEC filings
Market cap
$27.5B
366M shares
P/E
26.5
Today26.5
Median13.4
Revenue, 12 months
$31.0B
+3.0% a year over 5 years
Net margin
3.4%
FY2025: 3.2%, above 57% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

FY2024–FY2026 fiscal years

+2.8% a year over 2 years

  • FY2026Mar 31, 202610-K
    Revenue$27.9B
  • FY2025Mar 31, 202510-K
    Revenue$25.8B
  • FY2024Mar 31, 202410-K
    Revenue$26.4B

Fiscal years in figures

FLEX's revenue, profit, cash flow and dividend with each year-end price, from FY2010 to FY2023, 14 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $12.3B
$27.5B
Enterprise value 
$29.6B
P/E 3-year median: 15.7
26.5
EV / EBIT 
18.9
EV / Revenue 
1.0
P/B 3-year median: 2.5
4.7
FCF yield 3-year median: 6.9%
2.9%
Earnings yield 3-year median: 6.4%
3.8%

Profitability

Gross margin 
9.5%
Operating margin 
5.1%
Net margin 3-year median: 3.2%
3.4%
ROIC 
10.9%
ROIC, 5-year average 
9.6%
ROE 
19.5%

Growth

Revenue, yearly change 
+8.1%
EPS, yearly change 
+10.4%
FCF, yearly change 
-1.4%
Revenue, average a year 
+3.0%
EPS, average a year 
+14.0%

The yearly change compares FY2026 with FY2025.

Balance sheet

Cash 
$3.1B
Total debt 
$6.0B
Of which operating leases 
$770M
Net debt 
$2.1B
Net debt / EBITDA 
1.1x
Interest cover 
6.9x
Current ratio 
1.34

Balance sheet of September 25, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
3.44%
Total returned 
3.44%
Shares, yearly change 
-1.9%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 36).

Gross margin

9.2%

Above 10% of the 179 companies in its industry, and 8% of all.

Operating margin

4.9%

Above 61% of the 189 companies in its industry, and 50% of all.

Net margin

3.2%

Above 57% of the 193 companies in its industry, and 46% of all.

ROE

17.2%

Above 80% of the 176 companies in its industry, and 80% of all.

ROA

4.2%

Above 63% of the 194 companies in its industry, and 68% of all.

Revenue growth

8.1%

Above 49% of the 183 companies in its industry, and 56% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
FLEX LTD.
CIK
866374
Exchange
NASDAQ
Industry (SIC)
3672 · Printed Circuit Boards
Fiscal year ends
March 31
Latest annual report
March 31, 2026
Reporting currency
USD
Shares
366M

Other companies: Technology

The largest companies of the same sector, each with its own page.

The Technology sectorAll companies

The full analysis

What do Flex's filings show?

These are Flex's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about FLEX

Didn't find what you were looking for?

Ask us
What is FLEX's market cap?

Flex Ltd.'s market cap is $27.5B, at a price of $74.98 on November 13, 2026 and 366M shares.

What is FLEX's P/E?

FLEX's P/E is 26.5, on earnings per share of $2.77 over the last 12 months. The median over the last 5 fiscal years was 13.4.

How much revenue does FLEX have?

Flex had revenue of $31.0B over the last 12 months. Over the last 5 years it changed by +3.0% a year on average.

Does FLEX pay a dividend?

No. Flex paid no regular dividend over the last 12 months.

Where do the figures come from?

From Flex Ltd.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.