Flex (FLEX) Asset Utilization Ratio (2009 - 2026)
Flex's (FLEX) Asset Utilization Ratio came in at 1.24 for fiscal Q1 2027 (quarter ended Jun 26, 2026), down 10.9% from 1.39 a year earlier and down 4.9% from the prior quarter.
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Analysis
Flex (FLEX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Flex's Asset Utilization Ratio stood at 1.38, down 2.0% from FY2025.
- In prior fiscal years, Flex's Asset Utilization Ratio was 1.41 in FY2025 (+5.8%), 1.33 in FY2024 (-4.8%), 1.40 in FY2023 (-0.1%) and 1.40 in FY2022 (-14.3%).
- The fiscal Q1 2027 figure stands as the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2010.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last five quarters, with an average decline of 2.0% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q1 2025, with growth of 6.9%; the weakest was fiscal Q1 2023, with a decline of 14.3%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 1.30 (Q4 2026), 1.33 (Q3 2026) and 1.36 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 1.24 |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 0.50 |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 1.25 |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 0.46 |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 1.02 |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 1.29 |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 0.89 |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 0.82 |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 0.51 |
| 10 | Flex | 41.76 Bn | 31.22 Bn | 747.00 Mn | 1.24 |
Historic Data
Download Data
Historic 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 |
API Access
Flex Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FLEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();