Flex (FLEX) Return on Capital Employed (2009 - 2026)
Flex (FLEX) posted quarterly Return on Capital Employed of 13.92% for Q2 2026, down 19.0% year-over-year from 17.19% in Q2 2025, and down 4.1% on a QoQ basis from 14.52% in Q1 2026.
Flex (FLEX) Return on Capital Employed (2009 - 2026) Analysis & Trends
Flex has reported Return on Capital Employed for 18 years, with the latest figure at 13.92% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 13.92%, down 19.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 13.92% (down 19.0% YoY), and the FY2026 annual result was 16.67%, up 287.0% from the prior year.
- Return on Capital Employed retreated to 13.92% in Q2 2026, from 14.52% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 14.52% in Q1 2026 and troughed at 7.92% in Q1 2024.
- A 5-year average of 11.48% and a median of 11.6% in 2022 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2023, when Return on Capital Employed sank 336 bps; it then surged 587 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 11.24% in 2022, then decreased by 28 bps to 8.13% in 2023, then surged by 34 bps to 10.89% in 2024, then advanced by 28 bps to 13.95% in 2025, then slipped by 0 bps to 13.92% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 13.92% in Q2 2026, 14.52% in Q1 2026, and 13.95% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.89 Bn | 375.78 Bn | 3.55 Bn | 23.04% |
| 2 | Corning | 130.67 Bn | 128.17 Bn | 1.63 Bn | 9.96% |
| 3 | TE Connectivity | 58.50 Bn | 57.26 Bn | 1.84 Bn | 17.98% |
| 4 | Flex | 41.01 Bn | 38.17 Bn | 747.00 Mn | 13.92% |
| 5 | Celestica | 34.60 Bn | 34.06 Bn | 577.50 Mn | 48.16% |
| 6 | Jabil | 33.92 Bn | 32.56 Bn | 828.00 Mn | 38.76% |
| 7 | Fabrinet | 15.90 Bn | 15.03 Bn | 158.05 Mn | 20.06% |
| 8 | Ttm Technologies | 11.99 Bn | 11.47 Bn | 211.86 Mn | 11.39% |
| 9 | Sanmina | 10.45 Bn | 8.60 Bn | 363.31 Mn | 9.99% |
| 10 | Littelfuse | 10.42 Bn | 9.79 Bn | 306.06 Mn | 2.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 13.92% |
| Mar 31, 2026 | 14.52% |
| Dec 31, 2025 | 13.95% |
| Sep 26, 2025 | 13.90% |
| Jun 27, 2025 | 14.11% |
| Mar 31, 2025 | 13.79% |
| Dec 31, 2024 | 10.89% |
| Sep 27, 2024 | 10.02% |
| Jun 28, 2024 | 9.65% |
| Mar 31, 2024 | 7.92% |
| Dec 31, 2023 | 8.13% |
| Sep 29, 2023 | 9.02% |
| Jun 30, 2023 | 9.29% |
| Mar 31, 2023 | 9.89% |
| Dec 31, 2022 | 11.24% |
| Sep 30, 2022 | 12.38% |
| Jul 1, 2022 | 11.96% |
| Mar 31, 2022 | 12.08% |
| Dec 31, 2021 | 13.14% |
| Oct 1, 2021 | 13.06% |