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Flex Ltd (FLEX)
NASDAQ:FLEX
US Market

Flex (FLEX) Ratios

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Flex Ratios

FLEX's free cash flow for Q4 2025 was $0.09. For the 2025 fiscal year, FLEX's free cash flow was decreased by $ and operating cash flow was $0.05. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
1.20 1.52 1.48 1.34 1.45
Quick Ratio
0.71 0.79 0.78 0.72 0.95
Cash Ratio
0.22 0.29 0.30 0.28 0.34
Solvency Ratio
0.06 0.12 0.08 0.10 0.09
Operating Cash Flow Ratio
-0.39 0.16 0.09 0.10 0.02
Short-Term Operating Cash Flow Coverage
-4.70 9.75 6.33 1.08 0.54
Net Current Asset Value
$ 332.00M$ 60.00M$ 332.00M$ -781.00M$ -1.04B
Leverage Ratios
Debt-to-Assets Ratio
0.23 0.21 0.20 0.25 0.27
Debt-to-Equity Ratio
1.03 0.70 0.81 1.15 1.26
Debt-to-Capital Ratio
0.51 0.41 0.45 0.53 0.56
Long-Term Debt-to-Capital Ratio
0.45 0.38 0.40 0.48 0.54
Financial Leverage Ratio
4.54 3.43 4.00 4.68 4.61
Debt Service Coverage Ratio
0.92 5.12 2.55 1.23 3.18
Interest Coverage Ratio
2.67 4.97 2.59 6.39 5.47
Debt to Market Cap
0.56 0.29 0.35 0.54 0.48
Interest Debt Per Share
6.14 9.70 10.58 10.29 9.01
Net Debt to EBITDA
0.71 0.82 0.71 1.23 1.19
Profitability Margins
Gross Profit Margin
5.77%7.06%7.46%7.42%6.99%
EBIT Margin
1.25%3.30%3.29%4.34%3.93%
EBITDA Margin
3.18%5.87%4.91%5.59%5.93%
Operating Profit Margin
1.86%3.89%3.90%3.73%3.40%
Pretax Profit Margin
0.69%2.52%3.21%4.01%2.96%
Net Profit Margin
0.36%3.81%2.61%3.59%2.54%
Continuous Operations Profit Margin
0.36%3.30%2.25%3.35%2.89%
Net Income Per EBT
51.28%151.05%81.42%89.57%85.85%
EBT Per EBIT
37.15%64.79%82.26%107.51%86.97%
Return on Assets (ROA)
3.71%5.51%3.71%4.84%3.87%
Return on Equity (ROE)
14.82%18.89%14.82%22.67%17.84%
Return on Capital Employed (ROCE)
11.23%10.58%11.23%11.28%10.26%
Return on Invested Capital (ROIC)
11.75%13.66%11.75%9.14%8.52%
Return on Tangible Assets
4.02%5.96%4.02%5.33%4.22%
Earnings Yield
7.59%8.67%7.59%10.60%6.71%
Efficiency Ratios
Receivables Turnover
10.07 8.05 8.15 6.69 5.69
Payables Turnover
4.82 5.49 4.91 3.85 4.28
Inventory Turnover
6.66 3.96 3.73 3.66 5.76
Fixed Asset Turnover
11.26 9.20 10.26 9.43 8.81
Asset Turnover
1.95 1.45 1.42 1.35 1.52
Working Capital Turnover Ratio
15.44 5.49 6.90 7.28 8.93
Cash Conversion Cycle
68.25 71.18 68.25 59.46 42.17
Days of Sales Outstanding
44.78 45.35 44.78 54.52 64.17
Days of Inventory Outstanding
97.88 92.25 97.88 99.62 63.36
Days of Payables Outstanding
74.40 66.43 74.40 94.68 85.36
Operating Cycle
142.66 137.60 142.66 154.14 127.53
Cash Flow Ratios
Operating Cash Flow Per Share
-5.64 3.25 2.09 2.15 0.29
Free Cash Flow Per Share
-7.01 1.95 0.69 1.22 -0.41
CapEx Per Share
1.38 1.30 1.40 0.93 0.70
Free Cash Flow to Operating Cash Flow
1.24 0.60 0.33 0.57 -1.44
Dividend Paid and CapEx Coverage Ratio
-4.09 2.50 1.45 2.31 0.41
Capital Expenditure Coverage Ratio
-4.09 2.50 1.50 2.31 0.41
Operating Cash Flow Coverage Ratio
-0.97 0.35 0.22 0.22 0.03
Operating Cash Flow to Sales Ratio
-0.11 0.05 0.03 0.04 <0.01
Free Cash Flow Yield
3.02%6.86%3.02%6.58%-2.27%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
58.34 11.54 13.17 9.43 14.90
Price-to-Sales (P/S) Ratio
0.21 0.44 0.34 0.34 0.38
Price-to-Book (P/B) Ratio
1.83 2.18 1.95 2.14 2.66
Price-to-Free Cash Flow (P/FCF) Ratio
-1.47 14.58 33.16 15.20 -44.14
Price-to-Operating Cash Flow Ratio
-1.83 8.75 11.00 8.62 63.45
Price-to-Earnings Growth (PEG) Ratio
-0.75 0.28 -1.18 0.16 0.02
Price-to-Fair Value
1.83 2.18 1.95 2.14 2.66
Enterprise Value Multiple
8.15 8.31 7.72 7.29 7.58
Enterprise Value
11.50B 12.88B 11.50B 10.61B 10.84B
EV to EBITDA
7.72 8.31 7.72 7.29 7.58
EV to Sales
0.38 0.49 0.38 0.41 0.45
EV to Free Cash Flow
36.51 16.19 36.51 18.27 -52.39
EV to Operating Cash Flow
12.10 9.72 12.10 10.37 75.31
Tangible Book Value Per Share
2.98 9.67 8.91 5.16 4.27
Shareholders’ Equity Per Share
5.64 13.05 11.79 8.67 6.89
Tax and Other Ratios
Effective Tax Rate
0.49 -0.31 -0.06 0.10 0.14
Revenue Per Share
49.92 64.73 66.84 54.71 48.34
Net Income Per Share
0.18 2.47 1.75 1.97 1.23
Tax Burden
0.81 1.51 0.81 0.90 0.86
Interest Burden
0.98 0.76 0.98 0.92 0.75
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
0.92 1.07 0.92 1.09 0.23
Currency in USD
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