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| Date | Value |
|---|---|
| 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% |