Flex (FLEX) Debt Ratio (2009 - 2026)

Flex (FLEX) reported Debt Ratio of 0.17 for Q1 2026, down 15.35% year-over-year from 0.2 in Q1 2025, and down 20.18% quarter-over-quarter from 0.21 in Q4 2025.

Flex (FLEX) Debt Ratio (2009 - 2026) Analysis & Trends

Flex (FLEX) has 18 years of Debt Ratio data on file, last reported at 0.17 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.17, down 15.35% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.17 (down 15.35% YoY), and the FY2026 annual result was 0.17, down 15.35% from the prior year.
  • Debt Ratio declined to 0.17 in Q1 2026 per FLEX's latest filing, from 0.21 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.22 in Q1 2022 and troughed at 0.16 in Q3 2023.
  • A 5-year average of 0.19 and a median of 0.19 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio retreated 21.42% in 2022, then rose 22.64% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.19 in 2022, then decreased by 12.28% to 0.17 in 2023, then gained by 19.41% to 0.2 in 2024, then increased by 5.8% to 0.21 in 2025, then declined by 20.18% to 0.17 in 2026.
  • Business Quant data shows FLEX's Debt Ratio at 0.17 in Q1 2026, 0.21 in Q4 2025, and 0.19 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn 0.44
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn 0.29
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn 0.22
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn 0.17
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn 0.09
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn 0.19
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn -
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 0.23
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn 0.22
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn -

Historic Data

Download Data
DateValue
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
Jul 2, 2021 0.23