Value Sense
FLEX
Flex Ltd. (FLEX)
Last Price$36.1(4.8%)
Market Cap$14.6B
LTM Revenue
$23.9B
-18.6% YoY
LTM Net Income
$974.7M
+0.1% YoY
LTM Net Debt
($1,306.0M)
Net Debt to FCF - (1.0x)
LTM Free Cash Flow (FCF)
$1,347.3M
5.6% margin

FLEX Income Statement

FLEX Income Statement Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
Revenue
$26.4B (13.0%) YoY
Gross profit
$1,950.0M (13.9%) YoY
7.4% margin
Cost of revenue
$24.5B (12.9%) YoY
Operating income
$1,028.0M (13.2%) YoY
3.9% margin
Other: $211.0M
Net interest: $151.0M
Operating expenses
$922.0M (14.4%) YoY
Pre-tax income
$666.0M (31.6%) YoY
2.5% margin
Net income
$1,006.0M 26.9% YoY
3.8% margin
SG&A
$922.0M (7.3%) YoY
3.5% of revenue

FLEX Income statement key metrics

Annual
Quarterly
LTM

Revenue

$26.4B -13.0% YoY

Operating Income

$1.0B -13.2% YoY

Net Income

$1.0B +26.9% YoY

FLEX Balance Sheet

FLEX Balance Sheet Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
Assets
Liabilities
Total assets
$18.3B
Current assets ($13.0B, 71.2% of total)
Cash & ST investments
$2,474.0M (13.6%)
Accounts receivables
$3,282.0M (18.0%)
Other current assets
$7,236.0M (39.6%)
Non-current assets ($5,265.0M, 28.8% of total)
Long-term investments
$123.0M (0.7%)
Intangible assets
$245.0M (1.3%)
Other non-current assets
$2,027.0M (11.1%)
Financial position
Net Debt
$1,277.0M
$2,474.0M$3,751.0M
Cash & Short-term Investments
Total Debt
Quick ratio
0.7x
Net Debt to Free Cash Flow
1.6x
Debt to Equity ratio
70.4%

FLEX Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$18.3B -14.7% YoY

Liabilities

$12.9B -17.6% YoY

Shareholder's Equity

$5,325.0M -6.7% YoY

FLEX Cash Flow Statement

FLEX Cash Flow Statement Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$3,294.0M$1,326.0M($492.0M)($1,656.0M)$2,000.0K$2,474.0M

FLEX Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,326.0M +40.3% YoY

Capital Expenditure (CAPEX)

($530.0M) -16.0% YoY

Free Cash Flow (FCF)

$796.0M +153.8% YoY

FLEX Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Revenue
% growth
15,908.2
9.5%
15,288.0
(3.9%)
18,853.7
23.3%
27,558.1
46.2%
30,948.6
12.3%
24,110.7
(22.1%)
28,679.9
19.0%
29,387.7
2.5%
23,569.5
(19.8%)
26,108.6
10.8%
26,147.9
0.2%
24,418.9
(6.6%)
23,862.9
(2.3%)
25,441.1
6.6%
26,305.5
3.4%
24,209.9
(8.0%)
24,124.0
(0.4%)
26,041.0
7.9%
30,346.0
16.5%
26,415.0
(13.0%)
Cost of Goods Sold (COGS)14,827.914,540.117,924.725,972.829,513.022,893.227,095.027,870.322,403.224,668.424,602.622,810.822,342.023,845.224,787.722,871.922,437.024,109.028,081.024,465.0
Gross Profit
% margin
1,080.4
6.8%
747.9
4.9%
929.0
4.9%
1,585.3
5.8%
1,435.6
4.6%
1,217.5
5.0%
1,584.9
5.5%
1,517.3
5.2%
1,166.2
4.9%
1,440.2
5.5%
1,545.3
5.9%
1,608.1
6.6%
1,520.9
6.4%
1,595.9
6.3%
1,517.8
5.8%
1,338.0
5.5%
1,687.0
7.0%
1,932.0
7.4%
2,265.0
7.5%
1,950.0
7.4%
Operating Expenses611.1501.1584.6980.41,114.9856.7816.3936.5834.8903.7876.51,020.91,018.71,098.01,027.5898.2879.0960.01,077.0922.0
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.030.026.375.565.678.266.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)568.5463.9547.5868.1979.1767.1816.3880.6805.2874.8844.5954.9937.31,019.4953.1834.1817.0892.0995.0922.0
Operating Income
% margin
469.3
3.0%
246.8
1.6%
344.4
1.8%
604.9
2.2%
320.6
1.0%
360.8
1.5%
768.6
2.7%
544.8
1.9%
349.4
1.5%
548.8
2.1%
700.9
2.7%
653.2
2.7%
502.2
2.1%
497.8
2.0%
490.3
1.9%
348.2
1.4%
821.0
3.4%
972.0
3.7%
1,184.0
3.9%
1,028.0
3.9%
Interest Income0.00.00.00.00.00.00.00.08.90.00.00.095.9104.319.519.414.014.030.056.0
Interest Expense94.293.092.0101.3188.4155.682.136.056.361.951.484.80.00.0183.5163.7150.0152.0458.0207.0
Pre-tax Income276.9164.7325.065.7(6,080.9)(16.8)615.6564.8328.8400.5670.7454.7370.8520.9182.1158.5714.01,045.0974.0666.0
Income Tax
% effective tax rate
(63.0)
(22.7%)
54.2
32.9%
4.1
1.2%
705.0
1,073.7%
5.2
(0.1%)
(35.4)
210.8%
19.4
3.1%
54.1
9.6%
26.3
8.0%
34.9
8.7%
69.9
10.4%
10.6
2.3%
51.3
13.8%
92.4
17.7%
88.7
48.7%
70.9
44.7%
101.0
14.1%
105.0
10.0%
(59.0)
(6.1%)
(206.0)
(30.9%)
Net Income
% margin
339.9
2.1%
141.2
0.9%
508.6
2.7%
(639.4)
(2.3%)
(6,086.1)
(19.7%)
18.6
0.1%
596.2
2.1%
488.8
1.7%
277.1
1.2%
365.6
1.4%
600.8
2.3%
444.1
1.8%
319.6
1.3%
428.5
1.7%
93.4
0.4%
88.0
0.4%
613.0
2.5%
936.0
3.6%
793.0
2.6%
1,006.0
3.8%
EPS0.610.250.86(0.89)(7.41)0.020.770.680.420.601.040.800.590.810.180.171.231.971.752.31
Diluted EPS0.580.240.85(0.89)(7.41)0.020.750.670.410.591.020.790.590.800.180.171.211.941.722.28
EBITDA
% margin
943.3
5.9%
637.6
4.2%
766.1
4.1%
870.1
3.2%
(5,357.6)
(17.3%)
1,068.3
4.4%
1,180.9
4.1%
1,132.7
3.9%
951.4
4.0%
926.9
3.6%
754.1
2.9%
1,044.3
4.3%
992.5
4.2%
1,157.1
4.5%
835.6
3.2%
791.0
3.3%
1,431.5
5.9%
1,456.0
5.6%
1,490.0
4.9%
1,325.0
5.0%

FAQ

What is the Flex Ltd. (FLEX) revenue?

The Flex Ltd. (FLEX) revenue is $26.4B, reflecting a year-over-year (YoY) growth of -13.0% YoY.

What is the Flex Ltd. (FLEX) Net Income?

The Flex Ltd. (FLEX) Net Income is $1,006.0M, showcasing a YoY growth of +26.9% YoY.