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) Operating margin

Alert me on Operating margin

Flex Ltd.'s operating margin over the twelve months to 30 June 2026 was 4.95%, up 0.1 percentage points from fiscal 2026 (4.90%). Over the past ten years it has ranged from 1.71% (fiscal 2020) to 4.90% (fiscal 2026) — the current reading is the highest in ten years. That is above the Electronic Components industry median of 3.90% and above the Technology sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 4.90% 0.37
FY2025 4.53% 1.30
FY2024 3.23% (0.34)
FY2023 3.57% (0.04)
FY2022 3.61% 0.31
FY2021 3.30% 1.59
FY2020 1.71% (0.11)
FY2019 1.82% (0.04)
FY2018 1.86% (0.20)
FY2017 2.06% (0.34)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 4.94% (0.04)
Mar 2026 4.98% (0.53)
Dec 2025 5.51% 1.16
Sep 2025 4.35% (0.38)
42 more quarters

Against its own ten years

Low 1.71% High 4.90%
Ten-year median 2.90%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
TEL TE Connectivity Ltd. compare 19.7%
VICR Vicor Corporation compare 18.6%
GLW Corning Incorporated compare 15.3%
FN Fabrinet compare 9.97%
TTMI TTM Technologies, Inc. compare 9.89%
FLEX Flex Ltd. 4.95%
JBL Jabil, Inc. compare 4.74%
SANM Sanmina Corporation compare 4.15%
LFUS Littelfuse, Inc. compare 3.65%
Electronic Components industry median 3.90%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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