Feed / FLEX

Flex Ltd.

FLEX

Technology · 115.78 +7.3% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Flex Ltd.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 19 directly disclosed connections are confirming.

Company+7.3% todayVolume comparison unavailable
Market group0 of 18 activeElectronics Manufacturing Supply Chain · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • RMS net sales decreased $0.9B (8%); Industrial business net sales decreased 17% driven by weaker demand in renewables, clean energy and industrial devices.

Invalidation: The isolated read changes if FLEX's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Electronic Components

No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 19 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • RMS net sales decreased $0.9B (8%); Industrial business net sales decreased 17% driven by weaker demand in renewables, clean energy and industrial devices.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements128
Verified relationships12
Evidence supporting the case
  • Latest annual revenue changed +8.1% year over year.
  • Operating cash flow covered net income at 1.91x in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 16% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

115.78
6m+82.9%12m+99.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-03-31$24.6B+2.1%$1.94-4.5%
2023-03-31$28.5B+15.7%$1.72-4.3%
2024-03-31$26.4B-7.3%$2.28-4.5%
2025-03-31$25.8B-2.3%$2.11-9.8%
2026-03-31$27.9B+8.1%$2.33-5.0%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitypositive · 4 filings
This was primarily driven by $0.4 billion of cash paid for the acquisitions of the Orangeburg manufacturing facility, Crown and JetCool, net of cash acquired, and $0.4 billion of capital expenditures for property and equipment to continue expanding capabiliti…
10-K · May 20, 2026
Credit and interest ratesmixed · 4 filings
This was primarily driven by $1.3 billion of cash paid for the repurchase of our ordinary shares, partially offset by $0.5 billion of proceeds from borrowings.
10-K · May 20, 2026
Demand and volumemixed · 4 filings
This was driven by a 58% increase in demand in the Cloud and Cooling business and 26% growth in our Power business, with a partial year contribution from the Crown acquisition.
10-K · May 20, 2026
Macroeconomic conditionsmixed · 4 filings
Due to global economic conditions, including the impact of ongoing trade conflicts and tariffs, and geopolitical conflicts (including the Russian invasion of Ukraine, the Israel- 40 Table of Contents Hamas conflict, and recent U.S.
10-K · May 20, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.6× · EV/sales 1.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

115.78+7.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for FLEX. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for FLEX. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind FLEX

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

CCKCrown Holdings, Inc.supplierMay 20, 2026

This was primarily driven by $0.4 billion of cash paid for the acquisitions of the Orangeburg manufacturing facility, Crown and JetCool, net of cash acquired, and $0.4 billion of capital expenditures for property and equipment to continue expanding capabiliti…

FFord Motor CompanycustomerMay 20, 2026

We also received recognition from our customers, including being named a top-performing supplier at Ford's annual Supplier 8 Table of Contents Awards ceremony, recognizing our excellence in sustainable manufacturing and our leadership in developing scalable s…

Depended on by

ADSKAutodesk, Inc.partnerMay 29, 2026

Our direct channels include, but are not limited to, internal sales resources focused on selling our highly specialized solutions in our largest accounts, Solution Providers focused on serving certain Flex and subscription customers through our new transactio…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 16 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

FLEX is currently a Follower in the organic co-movement group Electronics Manufacturing Supply Chain. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.