Flex Ltd. FLEX

114.68 2.28 2.03% as of 25 Sep
Market cap
$42.0B
P/E
44.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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 0.2× and above the Technology sector median of 0.1×.

Debt to equity, annual

Annual

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

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

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×
VICR Vicor Corporation 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 2.2×
Electronic Components industry median 0.2×
Technology sector median 0.1×
Market median 0.2×

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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