Flex (FLEX) FCF Margin (2009 - 2026)
Flex's (FLEX) quarterly FCF Margin came in at 0.5% in Q2 2026, down 354.0% year-over-year from 0.2% in Q2 2025, and down 82.12% quarter-over-quarter from 2.82% in Q1 2026.
Analysis
Flex (FLEX) FCF Margin (2009 - 2026) Analysis & Trends
Flex (FLEX) has reported FCF Margin for 18 consecutive years, with 0.5% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 354.0% year-over-year to 0.5% in Q2 2026; TTM through Jun 2026 was 2.82%, a 141.0% decrease from a year earlier, with the FY2026 full-year figure at 3.77%, down 36.0% from the prior year.
- FCF Margin was 0.5% for Q2 2026 at Flex, down from 2.82% in the prior quarter.
- Over five years, FCF Margin peaked at 9.69% in Q1 2024 and troughed at 2.34% in Q2 2023.
- A 5-year average of 2.94% and a median of 3.46% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin slumped 533 bps in 2022 and soared 596 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 2.76% in 2022, then fell by 13 bps to 2.4% in 2023, then surged by 91 bps to 4.59% in 2024, then slipped by 16 bps to 3.85% in 2025, then tumbled by 87 bps to 0.5% in 2026.
- The last three FCF Margin figures came in at 0.5% (Q2 2026), 2.82% (Q1 2026), and 3.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.37 Bn | 38.53 Bn | 747.00 Mn | 0.50% |
| 2 | Celestica | 39.75 Bn | 39.22 Bn | 577.50 Mn | 3.13% |
| 3 | Jabil | 32.98 Bn | 31.62 Bn | 828.00 Mn | 4.01% |
| 4 | Fabrinet | 15.16 Bn | 14.28 Bn | 158.05 Mn | -2.80% |
| 5 | Ttm Technologies | 13.23 Bn | 12.72 Bn | 211.86 Mn | 3.39% |
| 6 | Sanmina | 11.08 Bn | 9.23 Bn | 363.31 Mn | 0.68% |
| 7 | Plexus | 6.61 Bn | 6.30 Bn | 131.38 Mn | -0.06% |
| 8 | Benchmark Electronics | 2.67 Bn | 2.35 Bn | 78.40 Mn | 2.90% |
| 9 | Kimball Electronics | 610.32 Mn | 521.39 Mn | 32.95 Mn | 9.14% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 0.50% |
| Mar 31, 2026 | 2.82% |
| Dec 31, 2025 | 3.85% |
| Sep 26, 2025 | 4.45% |
| Jun 27, 2025 | 4.05% |
| Mar 31, 2025 | 5.02% |
| Dec 31, 2024 | 4.59% |
| Sep 27, 2024 | 3.30% |
| Jun 28, 2024 | 3.63% |
| Mar 31, 2024 | 9.69% |
| Dec 31, 2023 | 2.40% |
| Sep 29, 2023 | 2.96% |
| Jun 30, 2023 | -2.34% |
| Mar 31, 2023 | 3.87% |
| Dec 31, 2022 | 2.76% |
| Sep 30, 2022 | -0.29% |
| Jul 1, 2022 | -1.93% |
| Mar 31, 2022 | 3.65% |
| Dec 31, 2021 | 0.41% |
| Oct 1, 2021 | 1.41% |