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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Flex Ltd. (FLEX) trades at a EV/EBITDA of 13.0×. Over the past ten years it has ranged from 2.7× (March 2020) to 32.2× (June 2026); the current reading is higher than 92% of that period. That is below the Electronic Components industry median of 14.7× and below the Technology sector median of 14.5×.

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× 76.79%
FY2023 5.4× (3.86%)
FY2022 5.6× (2.49%)
FY2021 5.7× 48.13%
FY2020 3.9× (9.98%)
FY2019 4.3× (42.20%)
FY2018 7.4× 5.64%
FY2017 7.0× 24.05%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 20.4× (34.29%)
Jun 2026 31.0× 127.64%
Mar 2026 13.6× 7.80%
Dec 2025 12.6× (0.13%)
43 more quarters

Against its own ten years

Low 2.7× High 32.2×
Ten-year median 6.0×
Current reading's percentile 92

EV/EBITDA against peers

Company EV/EBITDA
SANM Sanmina Corporation compare 9.9×
JBL Jabil, Inc. compare 11.3×
TTMI TTM Technologies, Inc. compare 12.7×
FLEX Flex Ltd. 13.0×
TEL TE Connectivity Ltd. compare 13.4×
LFUS Littelfuse, Inc. compare 14.7×
FN Fabrinet compare 17.1×
RAL Ralliant Corporation compare 20.9×
GLW Corning Incorporated compare 21.7×
Electronic Components industry median 14.7×
Technology sector median 14.5×
Market median 10.9×

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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