Flex (FLEX) Debt Ratio (2009 - 2026)
Flex (FLEX) posted quarterly Debt Ratio of 0.21 for Q2 2026, down 9.07% year-over-year from 0.23 in Q2 2025, and up 21.81% on a QoQ basis from 0.17 in Q1 2026.
Flex (FLEX) Debt Ratio (2009 - 2026) Analysis & Trends
Flex has reported Debt Ratio for 18 years, with the latest figure at 0.21 in Q2 2026.
- Debt Ratio for Q2 2026 came in at 0.21, down 9.07% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.21 (down 9.07% YoY), and the FY2026 annual result was 0.17, down 36.23% from the prior year.
- Debt Ratio grew to 0.21 in Q2 2026, from 0.17 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.27 in Q1 2025 and troughed at 0.16 in Q3 2023.
- A 5-year average of 0.21 and a median of 0.22 in 2022 frame the typical range for Debt Ratio.
- The widest annual swing landed in 2025, when Debt Ratio surged 49.28%; it then plunged 36.23% in 2026.
- A 5-year view of Debt Ratio shows it stood at 0.22 in 2022, then dropped by 22.15% to 0.17 in 2023, then surged by 36.56% to 0.23 in 2024, then increased by 6.5% to 0.25 in 2025, then declined by 15.61% to 0.21 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.21 in Q2 2026, 0.17 in Q1 2026, and 0.25 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.92 Bn | 375.81 Bn | 3.55 Bn | 0.42 |
| 2 | Corning | 130.39 Bn | 127.88 Bn | 1.63 Bn | 0.26 |
| 3 | TE Connectivity | 58.49 Bn | 57.25 Bn | 1.84 Bn | 0.22 |
| 4 | Flex | 40.89 Bn | 38.05 Bn | 747.00 Mn | 0.21 |
| 5 | Celestica | 34.57 Bn | 34.03 Bn | 577.50 Mn | 0.08 |
| 6 | Jabil | 33.88 Bn | 32.52 Bn | 828.00 Mn | 0.16 |
| 7 | Fabrinet | 15.99 Bn | 15.11 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 12.02 Bn | 11.50 Bn | 211.86 Mn | 0.22 |
| 9 | Sanmina | 10.48 Bn | 8.64 Bn | 363.31 Mn | 0.25 |
| 10 | Littelfuse | 10.44 Bn | 9.81 Bn | 306.06 Mn | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 0.21 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.21 |
| Sep 26, 2025 | 0.22 |
| 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 | 0.18 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.24 |
| Jul 1, 2022 | 0.25 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.24 |
| Oct 1, 2021 | 0.23 |