Flex Ltd FLEX Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$69.78 up $3.05, 4.56% at close Nov 6
Last close · Previous close $66.73
- Market cap
- $25.78BAt the Nov 6 close
- P/E ratio
- 25.19On last 12 months’ EPS
- Diluted EPS
- $2.77Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$69.78up $3.05, 4.56%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$66.73Nov 5
- Volume5.74MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume6.97MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $53.07 to $166.86; now $69.78
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FLEX beat the S&P 500 in 4 of 7 periods.
| Period | FLEX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FLEX: down 42.5% S&P 500: down 5.6% | FLEX trailed the S&P 500 by 36.9 percentage points Trailed |
| 3M | FLEX: down 43.1% S&P 500: down 4.1% | FLEX trailed the S&P 500 by 39.0 percentage points Trailed |
| YTD | FLEX: up 15.5% S&P 500: up 8.7% | FLEX beat the S&P 500 by 6.8 percentage points Beat |
| 1Y | FLEX: up 10.2% S&P 500: up 10.9% | FLEX trailed the S&P 500 by 0.7 percentage points Trailed |
| Long term | ||
| 3Y | FLEX: up 378.0% S&P 500: up 75.0% +68.4% vs +20.5% a year | FLEX beat the S&P 500 by 303.0 percentage points Beat |
| 5Y | FLEX: up 580.7% S&P 500: up 67.8% +46.8% vs +10.9% a year | FLEX beat the S&P 500 by 512.9 percentage points Beat |
| 10Y | FLEX: up 812.0% S&P 500: up 313.1% +24.7% vs +15.2% a year | FLEX beat the S&P 500 by 498.9 percentage points Beat |
$10,000 invested in FLEX 10 years ago (Nov 4, 2016) would be worth about $91,200 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
FLEX beat the S&P 500 in 5 of 7 periods.
| Period | FLEX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FLEX: down 42.5% S&P 500: down 5.6% | FLEX trailed the S&P 500 by 36.9 percentage points Trailed |
| 3M | FLEX: down 43.1% S&P 500: down 4.3% | FLEX trailed the S&P 500 by 38.8 percentage points Trailed |
| YTD | FLEX: up 15.5% S&P 500: up 7.8% | FLEX beat the S&P 500 by 7.7 percentage points Beat |
| 1Y | FLEX: up 10.2% S&P 500: up 9.7% | FLEX beat the S&P 500 by 0.5 percentage points Beat |
| Long term | ||
| 3Y | FLEX: up 256.8% S&P 500: up 68.8% +52.8% vs +19.1% a year | FLEX beat the S&P 500 by 188.0 percentage points Beat |
| 5Y | FLEX: up 408.2% S&P 500: up 56.9% +38.4% vs +9.4% a year | FLEX beat the S&P 500 by 351.3 percentage points Beat |
| 10Y | FLEX: up 580.8% S&P 500: up 252.6% +21.1% vs +13.4% a year | FLEX beat the S&P 500 by 328.2 percentage points Beat |
$10,000 invested in FLEX 10 years ago (Nov 4, 2016) would be worth about $68,082 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$162.07
Closing high on . Now 56.9% below that record.
Split-adjusted daily closes since Mar 18, 1994.
Stock splits
4
Latest: 4-for-3 on . One share bought before the first split is 11 shares today.
All 4 splits
- 4-for-3
- 2-for-1
- 2-for-1
- 2-for-1
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 25, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
25.2×The Nov 6 close ÷ diluted EPS over the last 12 months ($2.77)
The range covers daily P/E ratios from Oct 29, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
FLEX trades at 25.2× its earnings over the last 12 months, above its 5-year median of 13.0×. In plain terms, buyers are paying about $25 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 0.8×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 4.4×Book value as of Sep 25, 2026
Price relative to accounting equity (book value) per share on the Sep 25, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 12.3×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.12Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+22.6% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 25.2 ÷ 22.6 - 3.06%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $28.68BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 25, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own FLEX DCF in Excel. Value Flex with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY27, the quarter ended Sep 25, 2026. “Last 12 months” means the four quarters from Sep 27, 2025 to Sep 25, 2026, and balance-sheet figures are as of Sep 25, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $30.95Bup 17.5%
- Net income
- $1.04Bup 18.4%
- Diluted EPS
- $2.77up 22.6%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY25 (Dec 31, 2024) | $6.56B | $263.00M | $0.67 |
| Q4 FY25 (Mar 31, 2025) | $6.40B | $222.00M | $0.57 |
| Q1 FY26 (Jun 27, 2025) | $6.58B | $192.00M | $0.50 |
| Q2 FY26 (Sep 26, 2025) | $6.80B | $199.00M | $0.52 |
| Q3 FY26 (Dec 31, 2025) | $7.06B | $239.00M | $0.64 |
| Q4 FY26 (Mar 31, 2026) | $7.48B | $250.00M | $0.67 |
| Q1 FY27 (Jun 26, 2026) | $7.93B | $285.00M | $0.76 |
| Q2 FY27 (Sep 25, 2026) | $8.49B | $263.00M | $0.70 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY22 (Mar 31, 2022) | $24.63B | $936.00M | Paused See the note under the price. |
| FY23 (Mar 31, 2023) | $28.50B | $793.00M | Paused See the note under the price. |
| FY24 (Mar 31, 2024) | $26.42B | $1.01B | $2.28 |
| FY25 (Mar 31, 2025) | $25.81B | $838.00M | $2.11 |
| FY26 (Mar 31, 2026) | $27.91B | $880.00M | $2.33 |
Margins
- Gross 9.5%
- Operating 5.1%
- Net 3.4%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $789.00MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$1.61BLast 12 months
- Capital spending$821.00MLast 12 months
- 2.5%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $400.00MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$400.00MLast 12 months
51% of free cash flow
Balance sheet
- $3.08BAs of Sep 25, 2026
Cash plus short- and long-term marketable securities on the Sep 25, 2026 balance sheet.
- Total debt$5.98BAs of Sep 25, 2026
- Net debt$2.90BAs of Sep 25, 2026
- 1.34As of Sep 25, 2026
Current assets divided by current liabilities on the Sep 25, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 1.03As of Sep 25, 2026
Total debt divided by shareholders’ equity on the Sep 25, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 8 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 19.2%Last 12 months
Over the last 12 months, Flex’s net income was 19.2% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 4.3%Last 12 months
Over the last 12 months, Flex’s net income was 4.3% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $8.06 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 0.00%; 5-yr low 19.52%, 5-yr high 30.60%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 25.86%.
- $8.06Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About Flex Ltd
Flex, a U.S. company headquartered in Austin, TX (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets including datacenter, lifestyle, consumer, industrial, automotive, health solutions, and product lifestyle services. Media, Investors & Analysts Michelle Simmons Senior Vice President, Investor and Public Relations (669) 242-6332 [email protected] SOURCE Flex
- Sector
- Technology
- Industry
- Electronic Components
- Headquarters
- Texas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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FLEX stock FAQ
What is FLEX stock’s price today?
Flex (FLEX) traded at $69.78 at the close on , up $3.05 (4.56%) from the previous close of $66.73. Over the past 52 weeks it has traded between $53.07 and $166.86.
If you invested $1,000 in FLEX 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in FLEX on would be worth about $9,120 at the close on , a total return of +812.0%. The same $1,000 would be worth $6,807 if invested five years ago, $1,102 if invested one year ago, $10,823 if invested 20 years ago, and $46,694 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Flex’s market cap?
Flex’s market capitalization is about $25.8 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $69.78 (how market cap works). Flex reported 369.40M shares outstanding at the end of its latest quarter ().
What is FLEX’s P/E ratio?
FLEX trades at 25.2 times its diluted earnings over the four quarters to ($2.77 per share), at the close. Over the past five years its P/E has ranged from 5.3 to 67.7, with a median of 13.0. (How the P/E ratio works.)
How much revenue does Flex make?
Flex reported $31.0 billion of revenue over the four quarters to , up 17.5% from the twelve months before. In its latest quarter (Q2 FY27, ended ) revenue was $8.5 billion, up 24.8% from a year earlier.
Is Flex profitable?
Yes. Flex earned $1.0 billion of net income over the four quarters to , a net margin of 3.4%, and its operating margin was 5.1% (what margins tell you).
What are FLEX’s earnings per share?
FLEX’s diluted earnings per share were $2.77 over the four quarters to , compared with $2.26 in the twelve months before. The latest quarter (Q2 FY27) brought $0.70 per share, against $0.52 a year earlier (how EPS works).
Does FLEX pay a dividend?
Flex hasn’t paid a dividend in the last twelve months.
What is FLEX’s 52-week high and low?
Over the past 52 weeks FLEX has traded as low as $53.07 and as high as $166.86. At $69.78 at the close on , it is 58.2% below that high and 31.5% above the low.
What is FLEX’s all-time high?
FLEX’s highest closing price was $162.07 on , adjusted for stock splits. At $69.78 at the close on , it is 56.9% below that record.
Has FLEX stock ever split?
Yes, four times: 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 4-for-3 on . One share bought before the first split would be 11 shares today.
How has FLEX stock performed?
Including dividends and measured to the close on , FLEX has returned +15.5% so far this year and +10.2% over the past year, and +580.7% over five years (+46.8% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Flex in?
Flex is in the Technology sector and the Electronic Components industry, and is headquartered in Texas, USA.
What exchange does FLEX trade on?
Flex trades on the Nasdaq under the ticker symbol FLEX. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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