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.

90.46 8.04 −8.16%
Market cap
$36.4B
P/E
34.9×
Fwd P/E
37.0×
Dividend yield
—
F-score
6/9
Altman Z
2.70
Beneish M
−2.56
Dividend safety
n/a

Flex Ltd. (FLEX) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Flex Ltd. (FLEX) trades at a EV/EBITDA of 18.0×. Over the past ten years it has ranged from 2.8× (March 2020) to 32.2× (June 2026); the current reading is higher than 96% of that period. That is above the Electronic Components industry median of 16.2× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 13.6× 62.39%
FY2025 8.4× (11.35%)
FY2024 9.5× 71.06%
FY2023 5.5× (3.58%)
FY2022 5.7× (2.52%)
FY2021 5.9× 48.36%
FY2020 4.0× (9.77%)
FY2019 4.4× (42.34%)
FY2018 7.6× 5.48%
FY2017 7.2× 27.87%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 31.0× 127.64%
Mar 2026 13.6× 7.80%
Dec 2025 12.6× (0.13%)
Sep 2025 12.7× 13.45%
42 more quarters

Against its own ten years

Low 2.8× High 32.2×
Ten-year median 6.2×
Current reading's percentile 96

EV/EBITDA against peers

Company EV/EBITDA
SANM Sanmina Corporation compare 13.2×
TEL TE Connectivity Ltd. compare 13.9×
JBL Jabil, Inc. compare 14.4×
FLEX Flex Ltd. 18.0×
LFUS Littelfuse, Inc. compare 18.0×
TTMI TTM Technologies, Inc. compare 21.0×
FN Fabrinet compare 23.1×
GLW Corning Incorporated compare 29.7×
VICR Vicor Corporation compare 76.2×
Electronic Components industry median 16.2×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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