Fundamental analysis · SEC EDGAR · as of 31/03/2026

Fundamental analysis of Flex Ltd.

FLEX · Nasdaq · Printed Circuit Boards

Fundamental quality

REASONABLE

55

out of 100

Breakdown by area

I.GrowthEPS growth: 10.6% · Revenue growth: -0.7%
45
II.ProfitabilityNet margin: 3.2% · ROE: 17.1%
49
III.Financial healthNet debt/EBITDA: 0.75x · FCF: 3.8%
72

Source: SEC EDGAR · as of 31/03/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Strengths

  • Growing earnings per share (10.6% annualized).
  • Low leverage (net debt of 0.75× EBITDA).

Risks and weaknesses

  • Thin margins (net margin of 3.2%).
  • Declining revenue (-0.7% annualized).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
202224,6339365811,233
202328,502793315530
202426,4151,006796787
202525,8138381,0671,403
202627,9148801,0521,362

Between 2022 and 2026, revenue went from $24,633M to $27,914M (+13%) and net income went from $936M to $880M (-6%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Flex Ltd. a profitable company?

Flex Ltd. is profitable, with a net margin of 3.2%, though a thin one.

Does Flex Ltd. have a lot of debt?

Not particularly. Its net debt is 0.75 times its EBITDA, a low level.

Is Flex Ltd. growing?

Its revenue has fallen 0.7% annualized in recent years.

Does Flex Ltd. generate cash?

Yes. It converts about 3.8% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Flex Ltd. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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