Flex (FLEX) Asset Utilization Ratio (2009 - 2026)
Flex (FLEX) posted quarterly Asset Utilization Ratio of 1.24 for Q2 2026, down 10.9% year-over-year from 1.39 in Q2 2025, and down 4.87% on a QoQ basis from 1.3 in Q1 2026.
Flex (FLEX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Flex has reported Asset Utilization Ratio for 18 years, with the latest figure at 1.24 in Q2 2026.
- Asset Utilization Ratio for Q2 2026 came in at 1.24, down 10.9% year-over-year; the trailing twelve-month figure through Jun 2026 was 1.24 (down 10.9% YoY), and the FY2026 annual result was 1.38, down 2.03% from the prior year.
- Asset Utilization Ratio slipped to 1.24 in Q2 2026, from 1.3 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.44 in Q2 2024 and troughed at 1.24 in Q2 2026.
- A 5-year average of 1.36 and a median of 1.36 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2022, when Asset Utilization Ratio fell 14.34%; it then advanced 6.9% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.37 in 2022, then dropped by 3.59% to 1.32 in 2023, then rose by 5.37% to 1.39 in 2024, then decreased by 4.23% to 1.33 in 2025, then declined by 6.84% to 1.24 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.24 in Q2 2026, 1.3 in Q1 2026, and 1.33 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.89 Bn | 375.78 Bn | 3.55 Bn | 0.67 |
| 2 | Corning | 130.67 Bn | 128.17 Bn | 1.63 Bn | 0.53 |
| 3 | TE Connectivity | 58.50 Bn | 57.26 Bn | 1.84 Bn | 0.75 |
| 4 | Flex | 41.01 Bn | 38.17 Bn | 747.00 Mn | 1.24 |
| 5 | Celestica | 34.60 Bn | 34.06 Bn | 577.50 Mn | 1.73 |
| 6 | Jabil | 33.92 Bn | 32.56 Bn | 828.00 Mn | 1.51 |
| 7 | Fabrinet | 15.90 Bn | 15.03 Bn | 158.05 Mn | 1.25 |
| 8 | Ttm Technologies | 11.99 Bn | 11.47 Bn | 211.86 Mn | 0.80 |
| 9 | Sanmina | 10.45 Bn | 8.60 Bn | 363.31 Mn | 1.32 |
| 10 | Littelfuse | 10.42 Bn | 9.79 Bn | 306.06 Mn | 0.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 1.24 |
| Mar 31, 2026 | 1.30 |
| Dec 31, 2025 | 1.33 |
| Sep 26, 2025 | 1.36 |
| Jun 27, 2025 | 1.39 |
| Mar 31, 2025 | 1.41 |
| Dec 31, 2024 | 1.39 |
| Sep 27, 2024 | 1.40 |
| Jun 28, 2024 | 1.44 |
| Mar 31, 2024 | 1.37 |
| Dec 31, 2023 | 1.32 |
| Sep 29, 2023 | 1.34 |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | 1.35 |
| Dec 31, 2022 | 1.37 |
| Sep 30, 2022 | 1.36 |
| Jul 1, 2022 | 1.35 |
| Mar 31, 2022 | 1.39 |
| Dec 31, 2021 | 1.46 |
| Oct 1, 2021 | 1.55 |