Flex (FLEX) Invested Capital (2009 - 2026)
Flex (FLEX) posted Invested Capital of $10.72 billion for fiscal Q1 2027 (quarter ended Jun 26, 2026), up 22.2% from $8.77 billion a year earlier and up 20.5% from the prior quarter.
Flex (FLEX) Invested Capital (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Flex's Invested Capital came in at $8.9 billion, up 2.3% from FY2025.
- Annual Invested Capital shows a five-year compound annual growth rate of 4.3% (FY2021 to FY2026).
- In prior fiscal years, Flex's Invested Capital was $8.69 billion in FY2025 (+1.3%), $8.59 billion in FY2024 (-8.7%), $9.4 billion in FY2023 (+12.9%) and $8.33 billion in FY2022 (+15.3%).
- The fiscal Q1 2027 figure stands as the highest quarterly Invested Capital in data going back to fiscal Q4 2009.
- On a year-over-year basis, Invested Capital has increased in each of the last six quarters, with growth averaging 2.5% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q1 2027, with growth of 22.2%; the weakest was fiscal Q1 2025, with a decline of 12.5%.
- According to Business Quant data, Invested Capital for the three prior fiscal quarters was $8.9 billion (Q4 2026), $9.56 billion (Q3 2026) and $8.72 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | - |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 6.28 Bn |
| 10 | Flex | 40.63 Bn | 30.09 Bn | 747.00 Mn | 10.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 10.72 Bn |
| Mar 31, 2026 | 8.90 Bn |
| Dec 31, 2025 | 9.56 Bn |
| Sep 26, 2025 | 8.72 Bn |
| Jun 27, 2025 | 8.77 Bn |
| Mar 31, 2025 | 8.69 Bn |
| Dec 31, 2024 | 8.67 Bn |
| Sep 27, 2024 | 8.71 Bn |
| Jun 28, 2024 | 8.21 Bn |
| Mar 31, 2024 | 8.59 Bn |
| Dec 31, 2023 | 9.88 Bn |
| Sep 29, 2023 | 9.77 Bn |
| Jun 30, 2023 | 9.38 Bn |
| Mar 31, 2023 | 9.40 Bn |
| Dec 31, 2022 | 8.52 Bn |
| Sep 30, 2022 | 8.18 Bn |
| Jul 1, 2022 | 8.17 Bn |
| Mar 31, 2022 | 8.33 Bn |
| Dec 31, 2021 | 8.10 Bn |
| Oct 1, 2021 | 7.30 Bn |
Flex Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=FLEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "FLEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();