Flex (FLEX) Debt Ratio (2009 - 2026)
Flex's Debt Ratio was 0.21 in fiscal Q1 2027 (quarter ended Jun 26, 2026), up 7.7% from 0.19 a year earlier and up 21.8% from the prior quarter.
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Analysis
Flex (FLEX) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Debt Ratio at Flex came in at 0.17, down 15.3% from FY2025.
- In earlier fiscal years, Debt Ratio was 0.20 in FY2025 (+12.5%), 0.18 in FY2024 (+3.5%), 0.17 in FY2023 (-20.5%) and 0.22 in FY2022 (-9.1%).
- Quarterly Debt Ratio has moved between 0.16 (fiscal Q2 2024) and 0.24 (fiscal Q3 2022) over five years.
- Compared with a year earlier, Debt Ratio was higher in six of the last eight quarters, with growth averaging 6.7%.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q2 2025 (growth of 22.6%); the worst was fiscal Q3 2023 (a decline of 21.4%).
- Per Business Quant data, FLEX's Debt Ratio in the three fiscal quarters before Q1 2027 was 0.17 (Q4 2026), 0.21 (Q3 2026) and 0.19 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 0.08 |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 0.24 |
| 10 | Flex | 41.76 Bn | 31.22 Bn | 747.00 Mn | 0.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 0.21 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.21 |
| Sep 26, 2025 | 0.19 |
| Jun 27, 2025 | 0.19 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.20 |
| Sep 27, 2024 | 0.20 |
| Jun 28, 2024 | 0.18 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.17 |
| Sep 29, 2023 | 0.16 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.19 |
| Jul 1, 2022 | 0.20 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.24 |
| Oct 1, 2021 | 0.23 |
API Access
Flex Debt 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=debt-ratio&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();