Flex Ltd. (previously known as Flextronics International Ltd. or Flextronics) is an American multinational technological manufacturer. The Company designs, builds, ships and services complete packaged consumer and industrial products through its activities in the following segments: Communications & Enterprise Compute, Consumer Technologies Group, Industrial and Emerging Industries, and High Reliability Solutions.
Communications & Enterprise Compute includes the telecom business of radio access base stations, remote radio heads, and small cells for wireless infrastructure; the networking business, which includes optical communications, routing, broadcasting, and switching products for the data and video networks; the server and storage platforms for both enterprise and cloud-based deployments; next-generation storage and security appliance products; and rack level solutions, converged infrastructure and software-defined product solutions.
Consumer Technologies Group includes consumer-related businesses in connected living, wearables, gaming, augmented and virtual reality, fashion, and mobile devices; and including various supply chain solutions for notebook personal computers, tablets, and printers; in addition, it includes supply chain optimization for non-electronics products such as footwear and clothing. 
Industrial and Emerging Industries is comprised of energy and metering, semiconductor tools and capital equipment, office solutions, household industrial and lifestyle, industrial automation and kiosks, and lighting. 
High Reliability Solutions is comprised of our medical business, including consumer health, digital health, disposables, precision plastics, drug delivery, diagnostics, life sciences and imaging equipment; the automotive business, including vehicle electrification, connectivity, autonomous vehicles, and clean technologies; and the defense and aerospace businesses, focused on commercial aviation, defense and military.
Company Growth (employees)
Type
Public
HQ
Singapore, SG
Founded
1969
Size (employees)
200,000 (est)
Website
flex.com
Flex was founded in 1969 and is headquartered in Singapore, SG

Key People/Management at Flex

Mike McNamara

Mike McNamara

Chief Executive Officer
Christopher Collier

Christopher Collier

Chief Financial Officer
Ruvi Shaibel

Ruvi Shaibel

President, Strategic Partnerships
Paul Baldassari

Paul Baldassari

Chief Human Resources Officer
Fei Liu

Fei Liu

President, Flex Asia
Scott Offer

Scott Offer

Executive Vice President & General Counsel
François Barbier

François Barbier

President, Global Operations and Components
Doug Britt

Doug Britt

President, Industrial and Emerging Industries
Caroline Dowling

Caroline Dowling

President, Communications & Enterprise Compute
Mike Dennison

Mike Dennison

President, Consumer Technologies Group

Flex Office Locations

Flex has offices in Singapore, Althofen, Milpitas, Farmington Hills and in 120 other locations
Althofen, AT
Niederlassung Althofen Friesacher Strasse 3
Chengdu, CN
Industrial Concentration Development Area Economic Development Zone of Southwest Air HarborShuangLiu Town, Sichuan
Zhuhai, CN
Site 101, Vastbright Ind. Building Haicheng Industrial EstateWest District, Sanzao
Ibaraki, JP
Ibaraki Site, 367-2, Sekitate Chikusei-shi
Tokyo, JP
10F Yaesuguchi Kaikan,1-7-20 Yaesu, Chuo-Ku
Asheville, US
3161 Sweeten Creek Road
Show all (124)

Flex Financials and Metrics

Flex Financials

Flex's revenue was reported to be $23.9 b in FY, 2017
USD

Revenue (Q3, 2018)

19 b

Gross profit (Q3, 2018)

1.2 b

Gross profit margin (Q3, 2018), %

7%

Net income (Q3, 2018)

448.1 m

Market capitalization (31-Oct-2017)

9.5 b

Closing share price (31-Oct-2017)

17.9

Cash (31-Dec-2017)

1.3 b

EV

11.1 b
Flex's current market capitalization is $9.5 b.
USDFY, 2015FY, 2016FY, 2017

Revenue

26.1 b24.4 b23.9 b

Revenue growth, %

(7%)(2%)

Cost of goods sold

24.6 b22.8 b22.3 b

Gross profit

1.5 b1.6 b1.6 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

6.6 b6.5 b7 b5.6 b6.3 b6.8 b5.9 b6 b6.1 b6 b19 b

Cost of goods sold

6.3 b6.2 b6.6 b5.2 b5.9 b6.3 b5.5 b5.7 b5.7 b5.6 b17.8 b

Gross profit

380.8 m377.1 m408.7 m352.3 m396.9 m452.5 m406 m313.7 m416.5 m406.9 m1.2 b

Gross profit Margin, %

6%6%6%6%6%7%7%5%7%7%7%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.6 b1.6 b1.6 b1.8 b

Accounts Receivable

2.7 b2.3 b2 b2.2 b

Inventories

3.6 b3.5 b3.5 b3.4 b

Current Assets

9.4 b8.7 b8.3 b8.4 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Cash

1.3 b1.5 b1.7 b2.3 b1.7 b1.6 b1.7 b1.5 b1.9 b1.6 b1.3 b

Accounts Receivable

2.1 b2.5 b2.6 b2.1 b2.3 b2.2 b2.3 b

Inventories

3.5 b3.6 b3.6 b3.4 b3.6 b3.5 b3.6 b3.6 b3.5 b3.6 b3.7 b

Current Assets

9 b8.9 b9.1 b9.1 b9 b9 b8.4 b8.5 b8.6 b8.6 b9.1 b
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    365.6 m600.8 m444.1 m319.6 m

    Accounts Receivable

    (590 m)317 m318 m(164.2 m)

    Inventories

    (760 m)72.7 m84.8 m85 m

    Accounts Payable

    1.1 b(176.9 m)(365.1 m)268.7 m
    USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

    Net Income

    110.9 m233.8 m382.7 m105.7 m103.2 m232.7 m124.7 m448.1 m

    Cash From Operating Activities

    362.3 m662 m939.8 m263.9 m543.6 m1 b138.5 m431 m

    Purchases of PP&E

    (138.3 m)(296.4 m)(418.6 m)(159.1 m)(305.9 m)(413.6 m)(124.9 m)(432.9 m)

    Cash From Investing Activities

    (162 m)(946.4 m)(1.3 b)(111.8 m)412.8 m(579.4 m)(352.3 m)(782.9 m)
      USDY, 2017

      EV/CFO

      25.7 x

      Revenue/Employee

      95.2 k

      Financial Leverage

      4.6 x
      Show all financial metrics

      Flex Operating Metrics

      FY, 2015FY, 2016FY, 2017

      Manufacturing Facilities

      100100100

      Countries

      303030

      Bookings (Industrial and Emerging Industries)

      $2 b

      Bookings (Consumer Technologies Group)

      $1 b
      Show all operating metrics

      Flex Acquisitions / Subsidiaries

      Acquired CompanyDateDeal Size
      Chengdu Flextronics Mechanical Manufacturing Co
      Ciii Ltd
      Elementum SCM (Cayman) Ltd
      Finchley Trading Limited
      Flextronics Computing Mauritius Limited
      Flextronics Enclosure (Zhuhai) Co.
      Flextronics Enclosures (Hong Kong) Limited
      Ciii USA
      Flex Intelligent Technology Solutions Limited
      Flex Precision Plastics Solutions (Switzerland) AG
      Flextronics (Shanghai) Co.
      FLEXTRONICS AUSTRALIA PTY LTD
      Flextronics Automotive USA (Texas)
      Flextronics Central Europe B.V.
      Flextronics Chateaudun S.N.C.
      Flextronics Corporation
      Flextronics Design Korea Ltd.
      Flextronics Electronics Technology (Shenzhen) Co.
      Astron Group Limited
      Express Cargo Forwarding Limited
      Farm Design
      Flex Solutions Sweden AB
      Flextronics Automotive USA Design and Development Corporation
      Flextronics China Holding (Singapore) Pte. Ltd.
      Dii International Holdings C.V.
      Dongguan Flextronics Precision Metal Co.
      Flex Home Product Co Ltd
      Flex Luxembourg Holdings S.a r.l.
      Flex Solutions Poland sp. z o. o.
      Flextronics (Malaysia) Sdn. Bhd.
      Flextronics Aerospace & Defense Services Inc
      Flextronics Automotive (Suzhou) Co.
      Flextronics Automotive USA
      Flextronics Beerse N.V.
      Flextronics Cayman (SLR) Limited
      Flextronics Design Asia Pte. Ltd.
      Flextronics Europe Limited
      Flextronics Foundation
      Flextronics Global Enclosures (Singapore) Pte. Ltd.
      Advance Mold & Manufacturing
      Avail Medical Products
      Availmed
      BISSELL Asia Development Center (Shenzhen) Limited
      Chatham International Holdings B.V.
      Commercial Company in the form of a limited liability company factory “Flextronics LLC”
      Elementum Holding Ltd
      Elementum SCM
      Flex Asia Investment Limited
      Flex Automotive GmbH
      FLEX IDE8 HONG KONG LIMITED
      FLEX IDE8 MANUFACTURING (TIANJIN) CO.
      Flextronics (Canada) Inc
      Flextronics (China) Electronics Technology Co.
      Flextronics (Israel) Ltd.
      Flextronics America
      Flextronics AP
      Flextronics Automotive Sales and Marketing
      Flextronics Bermuda Ltd.
      Flextronics China (Mauritius) Electronics Technology Co.
      Flextronics Computing (Suzhou) Co.
      Flextronics Computing Sales and Marketing (L) Ltd.
      Flextronics Design S.r.l.
      Flextronics Design
      Flextronics Electronics (Mauritius) Limited
      Flextronics Electronics Technology (Suzhou) Co.
      Flextronics Enclosure Zhuhai (Mauritius) Co.
      Flextronics Europe Holdings C.V.
      Flextronics Europe Holdings LLC
      Flextronics Global Enclosures (Shanghai) Co.
      Flextronics Funding LLC
      Flextronics Global Holdings II Ltd.
      Flextronics Global Enclosures Shanghai (Mauritius) Co.
      Flextronics Global Holdings L.P.
      Flextronics Global Procurement Ltd.
      Flextronics Global Services (Manchester) Limited
      Flextronics Global Services Canada Inc. Services Globaux Flextronics Canada Inc.
      Flextronics Global Services Lojistik Hizmetleri Limited Şirketi
      Flextronics Guadalajara Group
      Flextronics Holding (Singapore) Pte. Ltd.
      Flextronics Holding do Brasil Ltda.
      Flextronics Holding Finland Oy
      Flextronics Holding France S.A.
      Flextronics Holding GmbH
      Flextronics Holding USA
      Flextronics Holdings Mexico Dos
      Flextronics Holdings Mexico
      Flextronics Holdings Spain
      Flextronics Ind. (Malaysia) Sdn. Bhd.
      Flextronics Industrial (Shenzhen) Co Ltd
      Flextronics Industrial (Suzhou) Co.
      Flextronics Industrial (Zhuhai) Co
      Flextronics Industrial Ltd.
      Flextronics Industrial Shenzhen (Mauritius) Co Ltd.
      Flextronics Industrial Zhuhai (Mauritius) Co.
      Flextronics Industries Marketing (L) Ltd
      Flextronics Industries Singapore Ltd.
      Flextronics Information Technology (Shen Zhen) Co.
      Flextronics Information Technology Shen Zhen (Mauritius) Co.
      Flextronics Instituto de Tecnologia – FIT
      Flextronics Integrated Services Mex
      Flextronics International (Singapore Group) Pte. Ltd.
      Flextronics International Asia-Pacific Ltd
      Flextronics International Componentes Ltda
      Flextronics International Cork B.V.
      Flextronics International Denmark A/S
      Flextronics International Europe B.V.
      Flextronics International Gesellschaft m.b.H.
      Flextronics International Holding LLC
      Flextronics International Holdings Pte. Ltd
      Flextronics International Ireland Limited
      Flextronics International Japan Co.
      Flextronics International Lojıstık Hızmetler Tıcaret Lımıted Şırketı
      Flextronics International Management Services Ltd.
      Flextronics International N.V.
      Flextronics International Ostersund AB
      Flextronics International Poland Sp. z o.o.
      Flextronics International s.r.o.
      Flextronics International Sweden AB
      Flextronics International Taiwan Ltd.
      Flextronics International Technology LLC
      Flextronics International Tecnologia Ltda
      Flextronics International Termelő és Szolgáltató Vámszabadterületi Korlátolt Felelősségű Társaság
      Flextronics International USA
      Flextronics Investment Holding (Singapore) Pte. Ltd.
      Flextronics Italy S.p.A.
      Flextronics Laval S.N.C.
      Flextronics Lighting Solutions
      Flextronics Logistics (Hong Kong) Limited
      Flextronics Logistics (Zhuhai) Co.
      Flextronics Logistics B.V.
      Flextronics Logistics Poland Sp. z o.o.
      Flextronics Logistics USA
      Flextronics Logistics Zhuhai (Mauritius) Co.
      Flextronics Manufacturing (H.K.) Limited
      Flextronics Manufacturing (Singapore) Pte. Ltd.
      Flextronics Manufacturing (Tianjin) Co.
      Flextronics Manufacturing (Zhuhai) Co.
      Flextronics Manufacturing Aguascalientes
      Flextronics Manufacturing Europe B.V.
      Flextronics Manufacturing Juarez
      Flextronics Manufacturing Mex
      Flextronics Manufacturing S.r.l.
      Flextronics Manufacturing Shanghai (Mauritius) Co.
      Flextronics Manufacturing Zhuhai (Mauritius) Co.
      Flextronics Marketing (L) Ltd.
      Flextronics Mauritius Holdings Limited
      Flextronics Mauritius Limited
      Flextronics Mechanicals Marketing (L) Ltd.
      Flextronics Mechanicals Singapore Pte. Ltd.
      Flextronics Medical Sales and Marketing
      Flextronics Mexico Holdings II LLC
      FLEXTRONICS NEW ZEALAND PTY LIMITED
      Flextronics ODM Luxembourg S.A.
      Flextronics Ostersund AB
      Flextronics Photonics PPT
      Flextronics Plastic (Asia Pacific) Limited
      Flextronics Plastic Technology (ShenZhen) Ltd.
      Flextronics Plastic Technology ShenZhen (Mauritius) Ltd.
      Flextronics Plastics (M) Sdn. Bhd.
      Flextronics Plastics (Shenzhen) Co.
      Flextronics Plastics (Singapore) Pte. Ltd.
      Flextronics Plastics Gushu (Mauritius) Co
      Flextronics Plastics Services
      Flextronics Plastics Zhuhai (Mauritius) Co.
      Flextronics Plastics
      Flextronics Power Systems (Dongguan) Co.
      Flextronics Precision Metal (Hong Kong) Limited
      Flextronics Precision Plastics
      Flextronics Puerto Rico Limited
      Flextronics R&D (Shenzhen) Co.
      Flextronics R&D Shenzhen (Mauritius) Co.
      Flextronics Romania S.R.L.
      Flextronics S.R.L.
      Flextronics Sales & Marketing (A-P) Ltd.
      Flextronics Sales & Marketing North Asia (L) Ltd.
      Flextronics Sales and Marketing Consumer Digital Ltd.
      Flextronics Sárvár Logistics Korlátolt Felelősségű Társaság
      Flextronics Scotland Limited
      Flextronics Shah Alam Sdn. Bhd.
      Flextronics Shanghai (Mauritius) Co.
      Flextronics Shanghai Electronic Equipment Repair Service (Mauritius) Co.
      Flextronics SMI (China) Ltd
      Flextronics Systems (Penang) Sdn. Bhd.
      Flextronics Technologies (India) Private Limited
      Flextronics Technologies Luxembourg LLC
      Flextronics Technologies Luxembourg S.a r.l.
      Flextronics Technologies Mexico
      Flextronics Technologies San Luis
      Flextronics Technology (Malaysia) Sdn. Bhd.
      Flextronics Technology (Nanjing) Co.
      Flextronics Technology (Penang) Sdn. Bhd.
      Flextronics Technology (Shah Alam) Sdn. Bhd.
      Flextronics Technology (Shanghai) Co.
      Flextronics Technology (ShenZhen) Co.
      Flextronics Technology (Singapore) Pte. Ltd.
      Flextronics Technology (Zhuhai) Co. Ltd.
      Flextronics Technology Nanjing (Mauritius) Co.
      Flextronics Technology Shanghai (Mauritius) Co.
      Flextronics Technology ShenZhen (Mauritius) Co.
      Flextronics Technology Wujiang (Mauritius) Ltd
      Flextronics Technology Zhuhai (Mauritius) Co.
      Flextronics Tecnologia Do Brasil Ltd.
      Irish Express Cargo Limited
      Irumold Group
      MCi (Mirror Controls International) Asia B.V.
      MCi (Mirror Controls International) Inc.
      MICOH B.V.
      Multek Display Cayman Ltd
      Multek Hong Kong Limited
      Multilayer Technology GmbH & Co. KG
      Parque de Tecnologia Electronica
      Power Systems R&D (Singapore) Pte. Ltd.
      Power Systems Technologies GmbH
      Flextronics Telecom Systems Ltd
      Irumold Servicios
      MCi (Mirror Controls International) Netherlands B.V.
      MCi (Mirror Controls International) S. de R.L. de C.V.
      NEXTracker Australia Pty. Ltd.
      NEXTracker Inc.
      Power Systems Technologies Far East Limited
      PT. Flextronics Technology Indonesia
      Flextronics UK Limited
      Irish Express Logistics Limited
      Masa da Amazônia Ltda
      MCi (Mirror Controls International) Ireland Limited
      MCi (Mirror Controls International) Yuhan Hoesa
      Power Systems Technologies (Ganzhou) Co.
      Private Joint Stock Company “Flextronics Service UA”
      Flextronics Vagyonkezelő és Befektetési Korlátolt Felelősségű Társaság
      FTIP Manufacturing Solutions Private Limited
      I E C Holdings Limited
      Irumold
      MCi Ireland Pension Plan Trustee Limited
      Multek China Limited
      Multek Technology (Zhuhai) Co Limited
      Power Systems Technologies (Shenzhen) Company Limited
      Flextronics Verwaltungs GmbH
      Glouple Ventures 2000-II
      IDE8 Cayman
      IDE8 Technology (Shanghai) Co.
      MCi Mirror Controls (Suzhou) Co.
      Multek Flexible Circuits
      Multek Technologies Limited
      Power Systems Technologies (Beijing) Company Limited
      IDE8 Mauritius Limited
      MCi (Mirror Controls International) B.V.
      MCi (Mirror Controls International) Ireland Operations Limited
      Multek (FTZ) Limited
      Multilayer Technology Geschäftsführungs GmbH
      Nanjing Flextronics Panda Mobile Terminals Co.
      NEXTracker Chile SpA
      Pacific Device
      Power Systems Technologies Ltd.
      Lab IX
      Multek Electronics Limited
      Multek Industries Limited
      Multek Zhuhai Limited
      NEXTRACKER MÉXICO
      Power Systems R&D Philippines

      Flex Market Value History

      Flex Revenue Breakdown

      Flex's Web-traffic and Trends

      Flex Online and Social Media Presence

      Flex Company Life and Culture

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