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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Flex Ltd. (FLEX) trades at a price to free cash flow of 39.7×. Over the past ten years it has ranged from 0.0× (June 2021) to 71.2× (June 2026); the current reading is higher than 94% of that period. That is above the Electronic Components industry median of 28.4× and above the Technology sector median of 20.0×.

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× (35.88%)
FY2023 23.5× 109.06%
FY2022 11.2× —
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
Jun 2026 71.2× 210.81%
Mar 2026 22.9× 20.54%
Dec 2025 19.0× 5.55%
Sep 2025 18.0× 7.83%
42 more quarters

Against its own ten years

Low 0.0× High 71.2×
Ten-year median 8.2×
Current reading's percentile 94

Price to free cash flow against peers

Company Price to free cash flow
TTMI TTM Technologies, Inc. compare n/m
SANM Sanmina Corporation compare 15.8×
TEL TE Connectivity Ltd. compare 18.6×
JBL Jabil, Inc. compare 19.0×
LFUS Littelfuse, Inc. compare 21.0×
FLEX Flex Ltd. 39.7×
GLW Corning Incorporated compare 47.5×
VICR Vicor Corporation compare 172×
FN Fabrinet compare 2,940×
Electronic Components industry median 28.4×
Technology sector median 20.0×
Market median 14.2×

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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