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) EV/EBITDA

As of 25 September 2026, Flex Ltd. (FLEX) trades at a EV/EBITDA of 22.4×. Over the past ten years it has ranged from 2.8× (March 2020) to 32.2× (June 2026); the current reading is higher than 98% of that period. That is above the Electronic Components industry median of 19.7× and above the Technology sector median of 15.7×.

EV/EBITDA, daily

Annual

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

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 6.1×
Current reading's percentile 98

EV/EBITDA against peers

Company EV/EBITDA
TEL TE Connectivity Ltd. compare 14.3×
JBL Jabil, Inc. compare 16.4×
SANM Sanmina Corporation compare 16.7×
LFUS Littelfuse, Inc. compare 20.3×
FLEX Flex Ltd. 22.4×
FN Fabrinet compare 26.7×
TTMI TTM Technologies, Inc. compare 28.5×
GLW Corning Incorporated compare 35.0×
VICR Vicor Corporation compare 114×
Electronic Components industry median 19.7×
Technology sector median 15.7×
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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