Flex (FLEX) Tax Rate (2009 - 2026)

Flex (FLEX) reported Tax Rate of 20.63% for Q1 2026, up 20.0% year-over-year from 17.2% in Q1 2025, and down 18.48% quarter-over-quarter from 25.31% in Q4 2025.

Flex (FLEX) Tax Rate (2009 - 2026) Analysis & Trends

Flex (FLEX) has 18 years of Tax Rate data on file, last reported at 20.63% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 20.63%, up 20.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.01% (up 493.0% YoY), and the FY2026 annual result was 23.01%, up 493.0% from the prior year.
  • Tax Rate declined to 20.63% in Q1 2026 per FLEX's latest filing, from 25.31% in the prior quarter.
  • Over five years, Tax Rate peaked at 68.29% in Q1 2023 and troughed at 237.61% in Q1 2024.
  • A 5-year average of 5.1% and a median of 15.95% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 30590 bps in 2024, then soared 25804 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 9.54% in 2022, then soared by 59 bps to 15.13% in 2023, then tumbled by 43 bps to 8.68% in 2024, then jumped by 192 bps to 25.31% in 2025, then slipped by 18 bps to 20.63% in 2026.
  • Business Quant data shows FLEX's Tax Rate at 20.63% in Q1 2026, 25.31% in Q4 2025, and 24.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn 42.68%
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn 22.87%
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn 9.24%
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn 20.63%
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn 27.55%
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn 26.00%
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn 6.73%
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 14.59%
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn 25.41%
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn -1.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.63%
Mar 31, 2026 20.63%
Dec 31, 2025 25.31%
Dec 31, 2025 25.31%
Sep 26, 2025 24.05%
Sep 26, 2025 24.05%
Jun 27, 2025 21.95%
Jun 27, 2025 21.95%
Mar 31, 2025 20.43%
Mar 31, 2025 20.43%
Dec 31, 2024 8.68%
Dec 31, 2024 8.68%
Sep 27, 2024 18.94%
Sep 27, 2024 18.94%
Jun 28, 2024 27.60%
Jun 28, 2024 27.60%
Mar 31, 2024 -237.61%
Mar 31, 2024 -237.61%
Dec 31, 2023 15.13%
Dec 31, 2023 15.13%