Flex (FLEX) EBIT Margin (2009 - 2026)
Flex's (FLEX) quarterly EBIT Margin came in at 4.94% in Q2 2026, up 21.0% year-over-year from 4.09% in Q2 2025, and down 0.62% quarter-over-quarter from 4.98% in Q1 2026.
Analysis
Flex (FLEX) EBIT Margin (2009 - 2026) Analysis & Trends
Flex (FLEX) has reported EBIT Margin for 18 consecutive years, with 4.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT Margin rose 21.0% year-over-year to 4.94% in Q2 2026; TTM through Jun 2026 was 4.95%, a 17.0% increase from a year earlier, with the FY2026 full-year figure at 4.9%, up 37.0% from the prior year.
- EBIT Margin was 4.94% for Q2 2026 at Flex, down from 4.98% in the prior quarter.
- Over five years, EBIT Margin peaked at 5.51% in Q4 2025 and troughed at 2.58% in Q1 2024.
- A 5-year average of 4.06% and a median of 3.96% in 2022 frame the typical range for EBIT Margin.
- Across the five-year window, EBIT Margin tumbled 117 bps in 2022 and soared 219 bps in 2025, its largest moves.
- Over 5 years, EBIT Margin stood at 3.57% in 2022, then retreated by 14 bps to 3.08% in 2023, then surged by 65 bps to 5.09% in 2024, then grew by 8 bps to 5.51% in 2025, then decreased by 10 bps to 4.94% in 2026.
- The last three EBIT Margin figures came in at 4.94% (Q2 2026), 4.98% (Q1 2026), and 5.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.37 Bn | 38.53 Bn | 747.00 Mn | 4.94% |
| 2 | Celestica | 39.75 Bn | 39.22 Bn | 577.50 Mn | 9.75% |
| 3 | Jabil | 32.98 Bn | 31.62 Bn | 828.00 Mn | 5.09% |
| 4 | Fabrinet | 15.16 Bn | 14.28 Bn | 158.05 Mn | 10.20% |
| 5 | Ttm Technologies | 13.23 Bn | 12.72 Bn | 211.86 Mn | 10.86% |
| 6 | Sanmina | 11.08 Bn | 9.23 Bn | 363.31 Mn | 6.39% |
| 7 | Plexus | 6.61 Bn | 6.30 Bn | 131.38 Mn | 4.70% |
| 8 | Benchmark Electronics | 2.67 Bn | 2.35 Bn | 78.40 Mn | 4.00% |
| 9 | Kimball Electronics | 610.32 Mn | 521.39 Mn | 32.95 Mn | 7.83% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 4.94% |
| Mar 31, 2026 | 4.98% |
| Dec 31, 2025 | 5.51% |
| Sep 26, 2025 | 4.35% |
| Jun 27, 2025 | 4.73% |
| Mar 31, 2025 | 4.77% |
| Dec 31, 2024 | 5.09% |
| Sep 27, 2024 | 4.54% |
| Jun 28, 2024 | 3.69% |
| Mar 31, 2024 | 2.58% |
| Dec 31, 2023 | 3.08% |
| Sep 29, 2023 | 4.05% |
| Jun 30, 2023 | 3.12% |
| Mar 31, 2023 | 3.19% |
| Dec 31, 2022 | 3.57% |
| Sep 30, 2022 | 3.86% |
| Jul 1, 2022 | 3.63% |
| Mar 31, 2022 | 3.33% |
| Dec 31, 2021 | 3.79% |
| Oct 1, 2021 | 3.80% |