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. In the quarter to June 2026, revenue grew 20.6%, EPS grew 52.0%, free cash flow fell 84.7% and total debt rose 41.8%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.
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Flex Ltd. (FLEX) Debt to equity
Flex Ltd.'s debt to equity at the end of the quarter to 30 June 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 |
|---|---|---|
| Jun 2026 | 0.9× | 30.13% |
| Mar 2026 | 0.7× | (15.80%) |
| Dec 2025 | 0.9× | 18.19% |
| Sep 2025 | 0.7× | 1.30% |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| VICR Vicor Corporation compare | 0.0× |
| FN Fabrinet compare | 0.0× |
| LFUS Littelfuse, Inc. compare | 0.2× |
| TEL TE Connectivity Ltd. compare | 0.4× |
| TTMI TTM Technologies, Inc. compare | 0.5× |
| GLW Corning Incorporated compare | 0.6× |
| SANM Sanmina Corporation 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)
More on FLEX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement