Craft

Flex

Stock Price

$27.6

2023-08-31

Market Capitalization

$9.1 B

2023-05-03

Revenue

$30.3 B

FY, 2023

Flex Summary

Company Summary

Overview
Flex (formerly Flextronics International) is a company that provides design, engineering, manufacturing, and supply chain services and solutions. It operates in three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment focuses on communication enterprise and cloud (CEC) infrastructure and solutions; appliances, consumer packaging, floorcare, etc.; and mobile and high-velocity consumer devices. The FRS segment offers mobility, autonomy, connectivity, and electrification for the automotive industry; health solutions, including medical devices and drug delivery solutions; and market-oriented capital equipment, industrial devices, renewables, and grid edge. The Nextracker segment delivers solar trackers and software solutions.
Type
Public
Status
Active
Founded
1969
HQ
Singapore, SG | view all locations
Website
https://flex.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Revathi Advaithi

    Revathi Advaithi, Director and CEO

  • Gus Shahin

    Gus Shahin, Chief Information Officer

  • Paul Lundstrom

    Paul Lundstrom, Chief Financial Officer

  • Lynn Torrel

    Lynn Torrel, Chief Procurement and Supply Chain Officer

Operating MetricsView all

Bookings (Automotive)

$700M

FY, 2020

Bookings (Health Solutions)

$851M

FY, 2020

Bookings (Industrial)

$1.2B

FY, 2020

LocationsView all

135 locations detected

  • Singapore HQ

    Singapore

    2 Changi S Ln

  • Austin, TX

    United States

    12455 Research Blvd

  • Austin, TX

    United States

    9500 Metric Blvd

  • Buffalo Grove, IL

    United States

    1011 Asbury Dr

  • Buffalo Grove, IL

    United States

    700 Corporate Grove Dr

  • Buffalo Grove, IL

    United States

    800 Corporate Grove Dr

and 129 others

Flex Financials

Summary Financials

Revenue (Q1, 2024)
$7.3B
Gross profit (Q1, 2024)
$587.0M
Net income (Q1, 2024)
$211.0M
Cash (Q1, 2024)
$2.7B
EBIT (Q1, 2024)
$291.0M
Enterprise value
$10.0B

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