Flex (FLEX) Asset Utilization Ratio (2009 - 2026)
Flex's (FLEX) quarterly Asset Utilization Ratio came in at 1.24 in Q2 2026, down 10.9% year-over-year from 1.39 in Q2 2025, and down 4.87% quarter-over-quarter from 1.3 in Q1 2026.
Analysis
Flex (FLEX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Flex (FLEX) has reported Asset Utilization Ratio for 18 consecutive years, with 1.24 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 10.9% year-over-year to 1.24 in Q2 2026; TTM through Jun 2026 was 1.24, a 10.9% decrease from a year earlier, with the FY2026 full-year figure at 1.38, down 2.03% from the prior year.
- Asset Utilization Ratio was 1.24 for Q2 2026 at Flex, down 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.
- Across the five-year window, Asset Utilization Ratio retreated 14.34% in 2022 and climbed 6.9% in 2024, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 1.37 in 2022, then decreased by 3.59% to 1.32 in 2023, then grew by 5.37% to 1.39 in 2024, then fell by 4.23% to 1.33 in 2025, then slipped by 6.84% to 1.24 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.24 (Q2 2026), 1.3 (Q1 2026), and 1.33 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.45 Bn | 38.61 Bn | 747.00 Mn | 1.24 |
| 2 | Celestica | 38.73 Bn | 38.20 Bn | 577.50 Mn | 1.73 |
| 3 | Jabil | 33.07 Bn | 31.71 Bn | 828.00 Mn | 1.51 |
| 4 | Fabrinet | 15.11 Bn | 14.23 Bn | 158.05 Mn | 1.25 |
| 5 | Ttm Technologies | 13.13 Bn | 12.62 Bn | 211.86 Mn | 0.80 |
| 6 | Sanmina | 11.14 Bn | 9.29 Bn | 363.31 Mn | 1.32 |
| 7 | Plexus | 6.63 Bn | 6.32 Bn | 131.38 Mn | 1.31 |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn | 1.31 |
| 9 | Kimball Electronics | 609.71 Mn | 520.78 Mn | 32.95 Mn | 1.30 |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
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 |