Flex FLEX
NASDAQ FLEX
$113.11 -1.20 (-1.05%)
As of: Sep 9, 2026 · 12:34 PM EDT

Flex (FLEX) Debt Ratio (2009 - 2026)

Flex's (FLEX) quarterly Debt Ratio came in at 0.21 in Q2 2026, down 9.07% year-over-year from 0.23 in Q2 2025, and up 21.81% quarter-over-quarter from 0.17 in Q1 2026.

Analysis

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

Flex (FLEX) has reported Debt Ratio for 18 consecutive years, with 0.21 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 9.07% year-over-year to 0.21 in Q2 2026; TTM through Jun 2026 was 0.21, a 9.07% decrease from a year earlier, with the FY2026 full-year figure at 0.17, down 36.23% from the prior year.
  • Debt Ratio was 0.21 for Q2 2026 at Flex, up 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.
  • Across the five-year window, Debt Ratio soared 49.28% in 2025 and sank 36.23% in 2026, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.22 in 2022, then decreased by 22.15% to 0.17 in 2023, then soared by 36.56% to 0.23 in 2024, then climbed by 6.5% to 0.25 in 2025, then slipped by 15.61% to 0.21 in 2026.
  • The last three Debt Ratio figures came in at 0.21 (Q2 2026), 0.17 (Q1 2026), and 0.25 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Flex 41.37 Bn 38.53 Bn 747.00 Mn 0.21
2 Celestica 39.75 Bn 39.22 Bn 577.50 Mn 0.08
3 Jabil 32.98 Bn 31.62 Bn 828.00 Mn 0.16
4 Fabrinet 15.16 Bn 14.28 Bn 158.05 Mn -
5 Ttm Technologies 13.23 Bn 12.72 Bn 211.86 Mn 0.22
6 Sanmina 11.08 Bn 9.23 Bn 363.31 Mn 0.25
7 Plexus 6.61 Bn 6.30 Bn 131.38 Mn 0.08
8 Benchmark Electronics 2.67 Bn 2.35 Bn 78.40 Mn 0.08
9 Kimball Electronics 610.32 Mn 521.39 Mn 32.95 Mn 0.11
10 Eltek 52.55 Mn 41.04 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 0.21
Mar 31, 2026 0.17
Dec 31, 2025 0.25
Sep 26, 2025 0.22
Jun 27, 2025 0.23
Mar 31, 2025 0.27
Dec 31, 2024 0.23
Sep 27, 2024 0.23
Jun 28, 2024 0.21
Mar 31, 2024 0.18
Dec 31, 2023 0.17
Sep 29, 2023 0.16
Jun 30, 2023 0.18
Mar 31, 2023 0.18
Dec 31, 2022 0.22
Sep 30, 2022 0.24
Jul 1, 2022 0.25
Mar 31, 2022 0.27
Dec 31, 2021 0.28
Oct 1, 2021 0.23