Growth Metrics

Flex (FLEX) Operating Margin (2016 - 2025)

Flex (FLEX) has disclosed Operating Margin for 17 consecutive years, with 5.51% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 42.0% to 5.51% in Q4 2025 year-over-year; TTM through Dec 2025 was 4.85%, a 85.0% increase, with the full-year FY2025 number at 4.53%, up 393.0% from a year prior.
  • Operating Margin was 5.51% for Q4 2025 at Flex, up from 4.35% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 5.51% in Q4 2025 to a low of 2.58% in Q1 2024.
  • A 5-year average of 4.16% and a median of 4.19% in 2025 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: soared 413bps in 2021, then plummeted -214bps in 2024.
  • Flex's Operating Margin stood at 3.79% in 2021, then grew by 17bps to 4.43% in 2022, then tumbled by -30bps to 3.08% in 2023, then skyrocketed by 65bps to 5.09% in 2024, then rose by 8bps to 5.51% in 2025.
  • Per Business Quant, the three most recent readings for FLEX's Operating Margin are 5.51% (Q4 2025), 4.35% (Q3 2025), and 4.73% (Q2 2025).