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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Flex Ltd. (FLEX) trades at a price to free cash flow of 31.5×. Over the past ten years it has ranged from 0.0× (June 2021) to 71.2× (June 2026); the current reading is higher than 91% of that period. That is above the Electronic Components industry median of 23.0× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 22.9× 91.66%
FY2025 12.0× (20.67%)
FY2024 15.1× (33.58%)
FY2023 22.7× 109.15%
FY2022 10.8× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 51.4× (27.76%)
Jun 2026 71.2× 210.81%
Mar 2026 22.9× 20.54%
Dec 2025 19.0× 5.55%
43 more quarters

Against its own ten years

Low 0.0× High 71.2×
Ten-year median 8.1×
Current reading's percentile 91

Price to free cash flow against peers

Company Price to free cash flow
FN Fabrinet compare n/m
SANM Sanmina Corporation compare 11.8×
JBL Jabil, Inc. compare 16.6×
LFUS Littelfuse, Inc. compare 16.6×
TEL TE Connectivity Ltd. compare 17.6×
RAL Ralliant Corporation compare 23.0×
FLEX Flex Ltd. 31.5×
GLW Corning Incorporated compare 36.6×
TTMI TTM Technologies, Inc. compare 227×
Electronic Components industry median 23.0×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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