Flex Ltd. (FLEX) stock

FLEXNasdaqPrinted Circuit BoardsFiscal year ends March 31

Financials through Q2 FY2027, quarter ended Sep 25, 2026Last filing: 10-Q on Oct 30, 2026Score 11/3032% above fair value

$78.97+2.88 (+3.78%)

Close on Nov 11, 2026Market cap $29.18BP/E 28.5Yield –

Flex statistics

98 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 3, 2027 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Sep 25, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $29.18B; $888.49M
Enterprise Value: $31.31B; $962.36M
PE Ratio: 28.51; 34.09
PS Ratio: 0.94; 3.12
PB Ratio: 5.02; 2.89
P/TBV Ratio: 8.94; 3.67
P/FCF Ratio: 37.26; 34.04
P/OCF Ratio: 18.12; 23.71

Enterprise valuationIndustry

EV / Sales: 1.01; 2.63
EV / EBITDA: 19.98; 20.53
EV / EBIT: 19.98; 26.75
EV / FCF: 39.98; 32.93

Share statisticsIndustry

Shares Outstanding: 369M; 50M
Shares Change (YoY): -2.91%; 2.36%
Shares Change (QoQ): 0.02%; 0.23%
Float: 367M; 50M
Shares Held by Insiders: 0.77%; 5.30%
Shares Held by Institutions: 94.4%; 61.6%

Short sellingIndustry

Short Interest: 10M; –
Short Interest Change: 20.9%; -0.74%
Short % of Float: 2.61%; 6.67%
Short % of Shares Outstanding: 2.59%; 5.10%
Days to Cover: 1.25; 3.58

Stock price statisticsIndustry

52-Week High: $166.86; –
52-Week Low: $53.07; –
20-Day Moving Average: $82.78; –
50-Day Moving Average: $100.47; –
200-Day Moving Average: $103.62; –
Average True Range (14): $7.32; –
Price Change (1 Week): 2.24%; 0.87%
Price Change (1 Month): -28.8%; -10.5%
Price Change (3 Months): -36.5%; -23.0%
Price Change (6 Months): -45.1%; -31.7%
Price Change (YTD): 30.7%; 0.66%
Price Change (1 Year): 24.1%; 2.46%
Price Change (3 Years): 202.7%; 33.0%
Price Change (5 Years): 316.1%; -26.0%
Price Change (10 Years): 466.5%; 110.8%
Average Volume (10 Days): 7M; –
Average Volume (20 Days): 7M; –
Average Volume (90 Days): 4M; –
Relative Volume: 1.15; 0.82
Relative Strength Index (14): 42.1; 46.3
Volatility (1 Year): 76.0%; 81.9%
Beta (5 Years): 1.57; 1.39

MarginsIndustry

Gross Margin: 9.50%; 34.8%
Operating Margin: 5.06%; 0.77%
EBITDA Margin: 5.06%; 5.08%
FCF Margin: 2.53%; 2.53%

Returns on capitalIndustry

Return on Invested Capital (ROIC): 17.2%; 1.20%
Return on Capital Employed (ROCE): 12.7%; 0.39%

Financial positionIndustry

Current Ratio: 1.34; 2.34
Quick Ratio: 0.59; 1.32
Debt / Equity: 0.90; 0.38
Debt / EBITDA: 3.33; 2.06
Debt / FCF: 6.66; 2.43
Net Debt / EBITDA: 1.36; 0.66
Interest Coverage: 6.50; 0.07

GrowthIndustry

Revenue Growth (YoY): 17.5%; 13.8%
EPS Growth (YoY): 22.6%; 19.7%
FCF Growth (YoY): -34.3%; 12.8%
Revenue Growth (3Y CAGR): -0.69%; 1.79%
Revenue Growth (5Y CAGR): 2.96%; 7.18%
EPS Growth (3Y CAGR): 10.6%; 4.91%
EPS Growth (5Y CAGR): 14.0%; 10.1%

EfficiencyIndustry

Asset Turnover: 1.32; 0.66
Inventory Turnover: 4.44; 3.04
Revenue Per Employee: $206.36K; $373.11K
Employee Count: 150,000; 534
WACC: 11.4%; 11.3%

Income statement (TTM)Industry

Revenue: $30.95B; $338.73M
Gross Profit: $2.94B; $97.44M
Operating Income: $1.57B; -$259.54K
EBITDA: $1.57B; $3.10M
EPS (Diluted): $2.77; -$0.01

Balance sheetIndustry

Cash & Short-Term Investments: $3.08B; $93.38M
Total Debt: $5.21B; $196.00M
Net Cash (Debt): -$2.13B; $7.64M
Net Cash Per Share: -$5.77; $0.33
Equity (Book Value): $5.81B; $200.69M
Book Value Per Share: $15.72; $5.46
Tangible Book Value: $3.26B; $63.99M
Working Capital: $5.13B; $157.46M

Cash flow (TTM)Industry

Operating Cash Flow: $1.61B; $2.92M
Capital Expenditures: -$827.00M; -$17.40M
Free Cash Flow: $783.00M; $3.87M
FCF Per Share: $2.12; $0.20

Dividends and yieldsIndustry

FCF Yield: 2.68%; 0.78%
Buyback Yield: 1.37%; 0.51%
Shareholder Yield: 1.37%; 1.01%

Taxes and interestIndustry

Interest Expense: $241.00M; $9.10M
Income Tax: $345.00M; $3.21M

Scores and fair valueIndustry

Graham Number: $31.30; $32.87
Graham Upside: -60.4%; -61.1%
Altman Z-Score: 2.49; 2.88
Piotroski F-Score: 7; 5
Lynch Fair Value: $38.79; –
Lynch Upside: -50.9%; -31.1%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

Period	FLEX	S&P 500	Difference	FLEX per year	S&P 500 per year
1 month	-34.1%	-2.4%	−31.7 pts
3 months	-35.5%	-1.2%	−34.3 pts
Year to date	+30.7%	+12.3%	+18.4 pts
1 year	+28.4%	+12.4%	+15.9 pts
3 years	+301.7%	+78.8%	+222.8 pts	+59.0%	+21.4%
5 years	+473.3%	+75.2%	+398.1 pts	+41.8%	+11.9%
10 years	+651.7%	+311.1%	+340.6 pts	+22.4%	+15.2%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

10M FLEX shares were sold short on Oct 30, 2026, up 20.9% from the previous report, or 2.61% of the shares available to trade. At recent volumes it would take 1.3 days to buy them back. Over the last 20 sessions, 24.3% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	9,561,616	+20.9%	7,673,901	1.3
Oct 15, 2026	7,909,634	-10.5%	3,543,612	2.2
Sep 30, 2026	8,832,762	-1.7%	3,499,243	2.5
Sep 15, 2026	8,982,357	-8.9%	2,980,668	3.0
Aug 31, 2026	9,855,898	+5.0%	2,728,667	3.6
Aug 14, 2026	9,383,882	+0.6%	3,277,695	2.9
Jul 31, 2026	9,328,858	+22.6%	5,707,665	1.6
Jul 15, 2026	7,608,388	+2.6%	4,126,941	1.8
Jun 30, 2026	7,414,315	+11.6%	15,672,740	1.0
Jun 15, 2026	6,643,797	+0.9%	5,050,179	1.3
May 29, 2026	6,583,495	+12.2%	6,132,841	1.1
May 15, 2026	5,867,731	-24.9%	8,114,213	1.0