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Flex (FLEX) Profitability Rank

: 8 (As of Dec. 2023)
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Flex has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Flex's Operating Margin % for the quarter that ended in Dec. 2023 was 5.08%. As of today, Flex's Piotroski F-Score is 7.


Competitive Comparison

For the Electronic Components subindustry, Flex's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flex Profitability Rank Distribution

For the Hardware industry and Technology sector, Flex's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Flex's Profitability Rank falls into.



Flex Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Flex has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Flex's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=361 / 7103
=5.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Flex has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Flex Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Flex Profitability Rank Related Terms

Thank you for viewing the detailed overview of Flex's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex (FLEX) Business Description

Traded in Other Exchanges
Address
2 Changi South Lane, Singapore, SGP, 486123
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.
Executives
Erin Mcsweeney director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
David Scott Offer officer: EVP, General Counsel 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Paul Lundstrom officer: Chief Financial Officer 222 N. SEPULVEDA BLVD., SUITE 500, EL SEGUNDO CA 90245
Revathi Advaithi director, officer: Chief Executive Officer EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Kwang Hooi Tan officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Michael P Hartung officer: President, Agility Solutions 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Daniel Wendler officer: Chief Accounting Officer 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Rebecca Sidelinger officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Maryrose Sylvester director C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Pat Ward director 500 JACKSON STREET, COLUMBUS IN 47201
Francois Barbier officer: President, Global Operations ONE MARINA BOULEVARD, #28-00, SINGAPORE U0 018989
David P Bennett officer: Chief Accounting Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Todd Fruchterman officer: Pres, Reliability Solutions C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002