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Flex Ltd.(FLEX US)

$76.55-0.140.18%Ext:$75.09-1.461.91%(Market Closed · 00:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

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FLEX US​

Flex Ltd. — Company Profile

Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across Asia, the Americas, and Europe. Its operations are structured into three primary segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company specializes in a range of cross-industry technologies, such as human-machine interfaces, Internet of Things (IoT) platforms, advanced power solutions, sensor fusion, and smart audio systems. A significant offering includes integrated solar tracker and software solutions tailored for utility-scale and ground-mounted distributed generation solar projects. Flex also delivers value-added design and engineering support, alongside comprehensive systems assembly and manufacturing services. These encompass enclosure fabrication, rigorous testing, and meticulous materials procurement and inventory management. Their product line features power components like chargers for smartphones and tablets, adapters for notebooks and gaming systems, and power supplies for server, storage, and networking markets. Furthermore, they provide full power solutions, including switchgear, busway, power distribution units, modular power systems, and related monitoring services. Beyond production, Flex offers end-to-end supply chain logistics, covering both forward and after-market services for computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical sectors. Their reverse logistics and repair capabilities include returns management, exchange programs, complex repairs, asset recovery, recycling, and e-waste management. The company serves a broad spectrum of industries, including cloud computing, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy. Founded in 1990 in Singapore, the company was formerly known as Flextronics International Ltd. before adopting the name Flex Ltd. in September 2016.

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Exchange
UQ
CEO
Revathi Advaithi
Headquarters
Austin, TX, US
IPO Date
Mar 18, 1994
Employees
149,686
Website
www.flex.com

Key Metrics

Price
$118.94
Market Cap
$43.94B
Revenue (TTM)
$27.91B
Net Income (TTM)
$880.00M
EPS (TTM)
2.33
P/E (TTM)
49.93
P/B (TTM)
8.54
Dividend Yield
0.00%
ROE (TTM)
17.11%
ROA (TTM)
3.99%
Operating Margin
5.40%
Beta
2.50

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across Asia, the Americas, and Europe. Its operations are structured into three primary segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company specializes in a range of cross-industry technologies, such as human-machine interfaces, Internet of Things (IoT) platforms, advanced power solutions, sensor fusion, and smart audio systems. A significant offering includes integrated solar tracker and software solutions tailored for utility-scale and ground-mounted distributed generation solar projects. Flex also delivers value-added design and engineering support, alongside comprehensive systems assembly and manufacturing services. These encompass enclosure fabrication, rigorous testing, and meticulous materials procurement and inventory management. Their product line features power components like chargers for smartphones and tablets, adapters for notebooks and gaming systems, and power supplies for server, storage, and networking markets. Furthermore, they provide full power solutions, including switchgear, busway, power distribution units, modular power systems, and related monitoring services. Beyond production, Flex offers end-to-end supply chain logistics, covering both forward and after-market services for computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical sectors. Their reverse logistics and repair capabilities include returns management, exchange programs, complex repairs, asset recovery, recycling, and e-waste management. The company serves a broad spectrum of industries, including cloud computing, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy. Founded in 1990 in Singapore, the company was formerly known as Flextronics International Ltd. before adopting the name Flex Ltd. in September 2016.

Website
www.flex.com
Location
Austin, TX, US
Phone65 6876 9899
Employees149,686
CEORevathi Advaithi
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
IPO DateMar 18, 1994

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Latest Documents

SEC Filings(2.4K)

Expand
  • DEFA14ADefinitive additional materials23 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • DEFA14ADefinitive additional materials14 Oct
  • DEFA14ADefinitive additional materials14 Oct
  • DEFA14ADefinitive additional materials14 Oct
  • 8-KFlex Completes Acquisition of EPC Power, Expanding Power Conversion Capabilities for AI Data Centers and Grid Applications14 Oct
  • DEFA14ADefinitive additional materials13 Oct
  • 8-KUnregistered Sales of Equity Securities13 Oct
  • DEFA14ADefinitive additional materials13 Oct
  • DEF 14ADefinitive proxy statement5 Oct
  • DEFA14ADefinitive additional materials5 Oct
  • 8-KFlex Announces $2.0 Billion Convertible Preferred Investment into5 Oct
  • DEFA14ADefinitive additional materials2 Oct
  • 8-KEntry into a Material Definitive Agreement2 Oct
  • 4Statement of changes in beneficial ownership25 Sep
  • 3Initial statement of beneficial ownership25 Sep
  • 4Statement of changes in beneficial ownership25 Sep
  • 3Initial statement of beneficial ownership25 Sep

News

  • Can EPC Power Acquisition Boost Flex's AI Infrastructure Growth?20 Oct
  • 12,357 Shares in Flex Ltd. $FLEX Bought by SteelPeak Wealth LLC19 Oct
  • Flex Completes Acquisition of EPC Power, Expanding Power Conversion Capabilities for AI Data Centers and Grid Applications14 Oct
  • Flex's AI Infrastructure Spin-Off Could Unlock Hidden Value13 Oct
  • Flex Expands Prefabricated Modular Data Center Portfolio to Accelerate AI Factory Deployment12 Oct
  • Flex Announces Date for Second Quarter Fiscal Year 2027 Earnings Call7 Oct
  • Flex's AI Data Center Spin-Off Just Got a $37.5 Billion Price Tag6 Oct
  • Flex Announces $2.0 Billion Convertible Preferred Investment into Axiom Led by General Catalyst with Koch Equity Development5 Oct
  • Can Flex Maintain Its Advanced Networking Momentum in FY27?28 Sep
  • Here's Why Flex (FLEX) is a Strong Value Stock24 Sep
  • Here's Why Flex (FLEX) is a Strong Momentum Stock22 Sep
  • Peloton Launches Foldable Peloton Tread Flex – Its Most Affordable Treadmill Ever – and New AI-Powered Coaching Features for Runners, Walkers and Hikers22 Sep
  • Can Falcon Flex Momentum Keep Driving CrowdStrike's ARR Growth?21 Sep
  • Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 202618 Sep
  • Flex LNG - Presentation at the Pareto Securities' Annual Energy Conference17 Sep
  • Flex Announces Expected Flex CFO and Board Composition for Flex and Axiom Following Separation15 Sep
  • Flex Announces New Company Name for the Planned Cloud and Power Infrastructure Spin-Off and Files Form 10 Registration Statement15 Sep
  • Flex (NASDAQ:FLEX) Stock Price Up 7.2% – Still a Buy?13 Sep
  • Flex Ltd. (FLEX) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript10 Sep
  • Rail Vision Introduces TrackScout and YardFlow Flex as New Brand Names for its Mainline and Switchyard Solutions9 Sep

Mentions in Filings

  • … ving Credit Facility, certain terms and conditions, including the applicable interest rate margins, commitment fees, financial covenants, events of default and other provisions, may be modified pursuant to the exercise of “<strong>flex</strong>” provisions contained in the arranger’s engagement letter or in connection with the addition of new lenders to the Revolving Credit Facility. The Revolving Credit Facility is secured by collateral including (i) substantia …
    WhiteHawk Minerals Corp.Flex Ltd.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … operate, the Majority Lenders shall, in consultation with the Borrower, designate another nationally recognized commodities exchange to replace the NYMEX for purposes of the references to the NYMEX in this definition. **“<strong>Flex</strong> Notes” means any notes or bonds issued by the Company after the Amendment No. 9 Effective Date pursuant to the Flex Notes Indenture in a public offering registered with the SEC.** **“Flex Notes Conditions” means:** **(a) …
    Phoenix Energy One, LLCFlex Ltd.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … Indebtedness has a stated maturity that is no earlier than 91 days after the Maturity Date (as in effect on the date of such incurrence), (c) the New Indebtedness (excluding New Indebtedness in the form of **Junior Lien****<strong>Flex</strong>** Notes) has a Weighted Average Life to Maturity that is no shorter than the period beginning on the date of incurrence of the New Indebtedness and ending on the date that is 91 days after the Maturity Date (as in effect o …
    Phoenix Energy One, LLCFlex Ltd.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • 12 <strong>flex</strong>ibility, a y nd speed. Our models are designed to enabl a e us to adjust our models quickly and effi f ciently in response to changes in the environment. • Desi e gn i ed for continue i d inn i ovatio t n and flex l ibility.y Our deep technological talent and capabilities have enabled us to strategically build core systems and data infrastruc r ture in-house, allowing us to gain what we believe is a significant compe m titive advantage as …
    Affirm Holdings, Inc.Flex Ltd.·ARS - Annual report to security holders·FY26·23 Oct
  • … ls, seePart 1 Section 4-5 Employee Status, etc. (1) Basic Policy on Human Resources Strategy, etc.Please see the following. (2) Policy on improving the internal environment   By implementing a hybrid workstyle and a full <strong>flex</strong>-time system, we have created a work style that enhances the speed and flexibility of our organization. To embody inclusion and diversity (I&D), we regularly discuss I&D promotion at off-site management meetings, and with t …
    Mercari, Inc.Flex Ltd.·Annual Report - Annual Securities Report (2025.07.01-2026.06.30)·17 Sep·17 Sep
  • … in the "Meiji Yasuda Niigata Related Stocks Mother Fund," the "Meiji Yasuda High Dividend Sustainability Japanese Stocks Mother Fund," and the Luxembourg-domiciled foreign investment trust securities (yen-denominated) "UBP <strong>FLEX</strong> - JUPITER ASIA PACIFIC EX-JAPAN EQUITY" (hereinafter referred to as the "Jupiter Asia Pacific Stock Fund"). ③Investment attitude 1. We will primarily invest in listed stocks in Japan and Asia-Oceania through investment t …
    明治安田アセットマネジメント株式会社Flex Ltd.·Prospectus - Securities registration statement·14 Sep·13 Sep

Key Stats

Trading

Px/Chg 1D$118.94 / +2.00%
Prev Close$107.89
% of 52Wk H65.63%
Avg Volume5.68M
Beta2.50
Mkt Cap43.94B
FD Mkt Cap40.45B

Float

Shrs Out/Float369.40M / 366.39M
Short Float0.02%
Days to Cover1.00
Stock Repurchased$944.00M

Current Valuation

EV45.86B
EV/EBITDA23.80
EV/Sales1.64
P/B8.54
P/S1.57
FCF Yield0.48%
ROE17.11%
ROA3.99%
Current Ratio1.36

Estimates

P/E49.93
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgJul '22Jul '23Jul '24Jul '25Oct '26
PRICE-BASED RATIOS
Price / Earnings59.838.3515.4512.5587.03175.75
Price / Sales2.020.320.430.483.025.88
Price / Book Value3.791.892.292.373.868.54
Price / Free Cash Flow67.3213.4438.8915.8660.19208.24
ENTERPRISE VALUE METRICS
Enterprise Value20,852.09,673.213,637.913,903.721,180.645,864.8
Enterprise Value / Sales2.170.390.480.533.316.13
Enterprise Value / EBITDA32.145.998.879.8645.1690.82
Enterprise Value / EBIT44.798.5613.1515.9363.99122.31

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue3.2%24,633.028,502.026,415.025,813.027,914.0
Gross Income9.5%1,780.01,976.01,865.02,159.02,558.0
EBITDA4.4%1,614.01,538.01,410.01,780.01,921.0
EBIT4.7%1,130.01,037.0873.01,241.01,358.0
Net Income-1.5%936.0793.01,006.0838.0880.0
EPS (Diluted)4.7%1.941.722.282.112.33
BALANCE SHEET
Cash & ST Inv-5.2%2,964.03,164.02,474.02,289.02,389.0
Total Assets3.4%19,325.021,407.018,257.018,381.022,060.0
Total Liabilities2.8%15,118.015,701.012,932.013,379.016,916.0
Total Shareholder Equity5.6%4,129.05,351.05,325.05,002.05,144.0
CASH FLOW
Net Operating Cash Flow13.3%1,024.0950.01,326.01,505.01,685.0
Cap Ex9.3%-443.0-635.0-530.0-438.0-633.0
Free Cash Flow16%581.0315.0796.01,067.01,052.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)76.60
Basic Shares369.40
Market Cap28,296.3
Diluted Shares374.00
Fully Diluted Shares Outstanding374.00
Fully Diluted Market Cap28,648.4
+Consolidated Debt4,316.0
−In-the-Money Convertible Debt—
+Capital Leases565.0
+Operating Leases—
−Cash & Equivalents-2,389.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value30,223.3

Segment data

Revenue

by Products and services

  • Flex Agility Solutions (fas)55%
  • Flex Reliability Solutions (frs)45%

Revenue

by Geography

  • Mexico36%
  • United States26%
  • China23%
  • Malaysia15%

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