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

70.18 3.45 +5.17%
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) Debt to equity

Alert me on Debt to equity

Flex Ltd.'s debt to equity at the end of the quarter to 30 September 2026 was 0.9×, up 0.2× from fiscal 2026 (0.7×). Over the past ten years it has ranged from 0.6× (fiscal 2024) to 1.1× (fiscal 2017); the current reading is higher than 25% of that period. That is above the Electronic Components industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.7× (1.21%)
FY2025 0.7× 20.53%
FY2024 0.6× (5.41%)
FY2023 0.6× (36.31%)
FY2022 1.0× (7.67%)
FY2021 1.1× 9.83%
FY2020 1.0× (2.44%)
FY2019 1.0× 5.48%
FY2018 1.0× (11.62%)
FY2017 1.1× 3.51%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.9× (5.40%)
Jun 2026 0.9× 30.13%
Mar 2026 0.7× (15.80%)
Dec 2025 0.9× 18.19%
43 more quarters

Against its own ten years

Low 0.6× High 1.1×
Ten-year median 1.0×
Current reading's percentile 25

Debt to equity against peers

Company Debt to equity
FN Fabrinet compare 0.0×
LFUS Littelfuse, Inc. compare 0.2×
TEL TE Connectivity Ltd. compare 0.4×
GLW Corning Incorporated compare 0.6×
RAL Ralliant Corporation compare 0.7×
SANM Sanmina Corporation compare 0.8×
TTMI TTM Technologies, Inc. compare 0.8×
FLEX Flex Ltd. 0.9×
JBL Jabil, Inc. compare 1.8×
Electronic Components industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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