Flex Ltd.

FLEX Technology Electronic Components

Flex Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $27.9 billion, up 8.14% from fiscal 2025.

Revenue
+24.8%
EPS
+34.6%
Free cash flow
−14.4%
Total debt
+41.3%

Quarter to September 2026, against a year earlier

67.26 9.98 −12.92%
Market cap
$24.7B
P/E
24.3×
Fwd P/E
23.9×
Dividend yield
—
F-score
6/9
Altman Z
2.70
Beneish M
−2.56
Dividend safety
n/a

Flex Ltd. (FLEX) Current ratio

Alert me on Current ratio

Flex Ltd.'s current ratio at the end of the quarter to 30 September 2026 was 1.3×, down 0.0× from fiscal 2026 (1.4×). Over the past ten years it has ranged from 1.2× (fiscal 2019) to 1.5× (fiscal 2024); the current reading is higher than 75% of that period. That is below the Electronic Components industry median of 2.5× and below the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 1.4× 4.26%
FY2025 1.3× (14.31%)
FY2024 1.5× 3.12%
FY2023 1.5× 10.23%
FY2022 1.3× (7.72%)
FY2021 1.5× 15.12%
FY2020 1.3× 5.16%
FY2019 1.2× (5.03%)
FY2018 1.3× (2.16%)
FY2017 1.3× 1.92%

Quarterly newest first

Period Current ratio Change
Sep 2026 1.3× (2.82%)
Jun 2026 1.4× 1.49%
Mar 2026 1.4× (2.62%)
Dec 2025 1.4× 4.60%
43 more quarters

Against its own ten years

Low 1.2× High 1.5×
Ten-year median 1.3×
Current reading's percentile 75

Current ratio against peers

Company Current ratio
LFUS Littelfuse, Inc. compare 2.7×
FN Fabrinet compare 2.0×
SANM Sanmina Corporation compare 1.8×
TEL TE Connectivity Ltd. compare 1.7×
GLW Corning Incorporated compare 1.7×
TTMI TTM Technologies, Inc. compare 1.7×
RAL Ralliant Corporation compare 1.6×
FLEX Flex Ltd. 1.3×
JBL Jabil, Inc. compare 1.0×
Electronic Components industry median 2.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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