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| Date | Value |
|---|---|
| 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 |