Flex (FLEX) stock price, revenue, and financials

Flex market cap is $9.1 b, and annual revenue was $24.21 b in FY 2020

$9.1 B

FLEX Mkt cap, 15-Jan-2021

$6 B

Flex Revenue Q2, 2021
Flex Gross profit (Q2, 2021)419 M
Flex Gross profit margin (Q2, 2021), %7%
Flex Net income (Q2, 2021)113 M
Flex Cash, 25-Sept-20202.4 B
Flex EV11.1 B

Flex Revenue

Flex revenue was $24.21 b in FY, 2020 which is a 7.6% year over year decrease from the previous period.

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Flex Revenue Breakdown

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Flex revenue breakdown by business segment: 21.5% from Consumer Technologies Group, 28.9% from Communications & Enterprise Compute, 19.6% from High Reliability Solutions and 30.1% from Industrial & Emerging Industries

Flex revenue breakdown by geographic segment: 5.6% from Hungary, 15.4% from U.S., 18.4% from Mexico, 23.4% from China, 5.4% from India, 7.6% from Brazil, 6.4% from Malaysia and 18.0% from Other

Flex Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

25.4b26.2b24.2b

Revenue growth, %

7%3%(8%)

Cost of goods sold

23.8b24.6b22.7b

Gross profit

1.6b1.5b1.3b

Gross profit Margin, %

6%6%6%

General and administrative expense

1.0b953.1m834.1m

Operating expense total

1.1b1.0b898.2m

Depreciation and amortization

78.6m74.4m64.1m

Pre tax profit

520.9m182.1m158.5m

Income tax expense

92.4m88.7m70.9m

Net Income

428.5m93.4m87.6m

EPS

0.80.20.2

Flex Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

1.5b1.7b1.9b

Accounts Receivable

2.5b2.6b2.4b

Inventories

3.8b3.7b3.8b

Current Assets

9.2b9.1b9.1b

PP&E

2.2b2.3b2.2b

Goodwill

1.1b1.1b1.1b

Total Assets

13.7b13.5b13.7b

Accounts Payable

5.1b5.1b5.1b

Short-term debt

43.0m632.6m149.1m

Current Liabilities

7.3b7.6b7.2b

Long-term debt

2.9b2.4b3.2b

Total Debt

2.9b3.1b3.4b

Common Stock

6.6b6.5b6.3b

Retained Earnings

(3.1b)(3.0b)(2.9b)

Total Equity

3.0b3.0b2.8b

Debt to Equity Ratio

1 x1 x1.2 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

4.5 x4.5 x4.8 x

Flex Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

428.5m93.4m87.6m

Depreciation and Amortization

555.4m765.0m748.1m

Accounts Receivable

(296.9m)(3.6b)(2.1b)

Inventories

(354.3m)(360.2m)(66.5m)

Accounts Payable

623.1m68.1m(14.6m)

Cash From Operating Activities

753.6m(3.0b)(1.5b)

Purchases of PP&E

(562.0m)(725.6m)(461.7m)

Cash From Investing Activities

(909.0m)3.3b2.3b

Long-term Borrowings

(1.4b)(3.1b)(1.3b)

Cash From Financing Activities

(187.8m)(29.7m)(508.5m)

Net Change in Cash

(358.3m)224.2m226.1m

Flex Ratios

USDFY, 2018

EV/CFO

13.4 x

Revenue/Employee

127.2k

Debt/Equity

1 x

Debt/Assets

0.2 x

Financial Leverage

4.5 x

P/E Ratio

20.4

Flex Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Manufacturing Space, sq. ft.

28 m27 m27 m

Bookings (High Reliability Solutions)

$784 m$1.05 b$1.02 b$1.30 b

Bookings (Consumer Technologies Group)

$1 b$2.10 b

Bookings (Industrial and Emerging Industries)

$2 b$2.40 b

Bookings (Communications and Enterprise Compute)

$2 b$1.90 b

Countries

30 30 30 35 35 30

Active Accounts (Capital Equipment)

85

Active Accounts (Energy Solutions)

62

Active Accounts (Lifestyle and Appliances)

46

Active Accounts (Lighting Solution)

25

Bookings (Automotive)

$700 m

Bookings (Capital Equipment)

$250 m

Bookings (Energy Solutions)

$750 m

Bookings (Health Solutions)

$851 m

Bookings (Industrial)

$1.20 b

Bookings (Lifestyle and Appliances)

$1.10 b

Bookings (Lighting Solution)

$150 m

Core R&D Engineers

293 458

Product Platforms

12 27

Software Engineers

60 98

Flex Sustainability Metrics

 Y, 2019

Water Withdrawn Intensity

271.91 cubic meters per mio USD sales

Water Withdrawn (Rain Water)

291 cubic meters

Water Withdrawn (Private Company Water Supply)

144.23 k cubic meters

Water Withdrawn (Other)

20.21 k cubic meters

Water Withdrawn (Municipal)

5.76 m cubic meters

Water Withdrawn (Ground Water)

852.35 k cubic meters

Water Withdrawn

6.78 m cubic meters

Water Recycled

549.12 k cubic meters

Water Discharged

5.34 m cubic meters

Water Consumed

1.44 m cubic meters

Wastewater Withdrawn from Another Organizations

5.34 k cubic meters

Waste Reused

7.08 k tonnes

Waste Recycled

89.94 k tonnes

Waste Recovered

3.20 k tonnes

Waste Other

4.78 k tonnes

Waste Landfilled

13.99 k tonnes

Waste Incinerated

8.56 k tonnes

Waste Generated Intensity

5.22 tonnes per mio USD sales

Waste Generated

130.27 k tonnes

Waste Disposed (On-site Storage)

145 tonnes

Waste Disposed

130.27 k tonnes

Waste Composted

2.57 k tonnes

Volunteers

10.93 k

Volunteer Hours

48.17 k

Total Greenhouse Gas Emissions

20.85 m metric tons of carbon dioxide equivalent

Nonhazardous Waste Generated

124.43 k tonnes

Net Emissions

20.78 m metric tons of carbon dioxide equivalent

Hazardous Waste Generated

5.83 k tonnes

Greenhouse Gas Emissions (Scope 3, Waste)

30.53 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Use of Sold Products)

12.39 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Upstream Transportation and Distribution)

235.63 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Purchased Goods and Services)

6.59 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Processing of Sold Products)

66 metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Investments)

5.16 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Fuel and Energy-Related Activities)

200.54 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, End-of-Life Treatment of Sold Products)

14.42 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Employee Commuting)

105.17 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Downstream Transportation and Distribution)

12.40 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Capital Goods)

417.99 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3, Business Travel)

24.17 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 3)

20.03 m metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 2, Location-Based)

724.47 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 1)

102.36 k metric tons of carbon dioxide equivalent

Greenhouse Gas Emissions (Scope 1 and Scope 2) Intensity

33.14 metric tons of carbon dioxide equivalent per mio USD

Greenhouse Gas Emissions (Scope 1 and Scope 2)

826.83 k metric tons of carbon dioxide equivalent

Electricity Used from Renewable Energy Sources

19.21 k MWh

Flex Employee Rating

3.83300 votes
Culture & Values
3.7
Work/Life Balance
3.5
Senior Management
3.4
Salary & Benefits
3.6
Career Opportunities
3.5
Source