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.
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Flex Ltd. (FLEX) Return on invested capital
Flex Ltd.'s return on invested capital over the twelve months to 30 June 2026 was 11.5%, down 1.6 percentage points from fiscal 2026 (13.1%). Over the past ten years it has ranged from 6.60% (fiscal 2018) to 14.7% (fiscal 2015); the current reading is higher than 92% of that period. That is above the Electronic Components industry median of 2.28% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 13.1% | 1.73 |
| FY2025 | 11.4% | 2.69 |
| FY2024 | 8.72% | (1.47) |
| FY2023 | 10.2% | (0.18) |
| FY2022 | 10.4% | (0.47) |
| FY2021 | 10.8% | 3.92 |
| FY2020 | 6.92% | 0.04 |
| FY2019 | 6.88% | 0.28 |
| FY2018 | 6.60% | (1.49) |
| FY2017 | 8.09% | (1.64) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| JBL Jabil, Inc. compare | 38.6% |
| FN Fabrinet compare | 18.3% |
| VICR Vicor Corporation compare | 14.5% |
| TEL TE Connectivity Ltd. compare | 13.6% |
| FLEX Flex Ltd. | 11.5% |
| SANM Sanmina Corporation compare | 10.7% |
| TTMI TTM Technologies, Inc. compare | 8.70% |
| GLW Corning Incorporated compare | 8.52% |
| LFUS Littelfuse, Inc. compare | 2.28% |
| Electronic Components industry median | 2.28% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on FLEX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement