$4.3 B

FLEX Mkt cap, 12-Dec-2018

$6.7 B

Flex Revenue Q2, 2019
Flex Gross profit (Q2, 2019)402.3 M
Flex Gross profit margin (Q2, 2019), %6%
Flex Net income (Q2, 2019)86.9 M
Flex Cash, 28-Sep-20181.4 B
Flex EV5.8 B

Flex Revenue

Flex revenue was $25.44 b in FY, 2018 which is a 6.6% year over year increase from the previous period.

Embed Graph

Flex Revenue Breakdown

Embed Graph

Flex revenue breakdown by business segment: 18.7% from High Reliability Solutions, 23.5% from Industrial & Emerging Industries, 27.4% from Consumer Technologies Group and 30.4% from Communications & Enterprise Compute

Flex Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

26.1b26.1b24.4b23.9b25.4b

Revenue growth, %

0%(7%)(2%)7%

Cost of goods sold

24.6b24.6b22.8b22.3b23.8b

Gross profit

1.5b1.5b1.6b1.6b1.7b

Gross profit Margin, %

6%6%7%7%7%

General and administrative expense

874.8m844.5m954.9m937.3m1.0b

Operating expense total

874.8m844.5m954.9m937.3m1.0b

Depreciation and amortization

78.6m

Interest income

122.8m

Pre tax profit

400.5m670.7m454.7m370.8m520.9m

Income tax expense

34.9m69.9m10.6m51.3m92.4m

Net Income

365.6m600.8m444.1m319.6m428.5m

Quarterly

USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

6.4b6.6b6.5b7.0b5.6b6.3b6.8b5.9b6.0b6.1b6.0b6.3b19.0b6.4b6.7b

Cost of goods sold

6.0b6.3b6.2b6.6b5.2b5.9b6.3b5.5b5.7b5.7b5.6b5.9b17.8b6.0b6.3b

Gross profit

368.4m380.8m377.1m408.7m352.3m396.9m452.5m406.0m313.7m416.5m406.9m393.3m1.2b377.9m402.3m

Gross profit Margin, %

6%6%6%6%6%6%7%7%5%7%7%6%7%6%6%

General and administrative expense

218.5m209.3m204.6m216.0m209.4m216.8m240.6m239.5m243.9m231.6m250.8m274.1m772.3m262.9m227.7m

Operating expense total

218.5m209.3m204.6m216.0m209.4m216.8m240.6m239.5m243.9m231.6m250.8m274.1m772.3m262.9m227.7m

Depreciation and amortization

18.5m18.2k

Interest income

41.7m41.1k

Pre tax profit

128.6m189.9m154.3m170.5m118.6m140.3m126.6m116.9m14.7m140.2m145.5m218.4m505.1m141.6m108.8m

Income tax expense

10.4m16.0m15.4m17.6m7.8m17.3m(22.4m)11.2m17.3m10.8m20.8m13.3m57.0m25.6m21.9m

Net Income

118.2m173.9m138.9m152.9m110.9m123.0m148.9m105.7m(2.5m)129.5m124.7m205.1m448.1m116.0m86.9m

Flex Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.6b1.6b1.6b1.8b1.5b

Accounts Receivable

2.7b2.3b2.0b2.2b2.5b

Inventories

3.6b3.5b3.5b3.4b3.8b

Current Assets

9.4b8.7b8.3b8.4b9.2b

PP&E

2.3b2.1b2.3b2.3b2.2b

Goodwill

942.1m984.9m1.1b

Total Assets

12.5b11.7b12.4b12.6b13.7b

Accounts Payable

4.7b4.6b4.2b4.5b5.1b

Dividends Payable

Short-term debt

43.0m

Current Liabilities

7.7b6.8b6.6b6.5b7.3b

Long-term debt

2.1b2.0b2.7b2.9b2.9b

Total Debt

2.1b2.0b2.7b2.9b2.9b

Total Liabilities

10.7m

Common Stock

6.6b

Retained Earnings

(4.9b)(4.3b)(3.9b)(3.6b)(3.1b)

Total Equity

2.2b2.4b2.6b2.7b3.0b

EPS

0.61.00.80.60.8

Debt to Equity Ratio

0.9 x0.9 x1 x1.1 x1 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x0.2 x

Financial Leverage

5.7 x4.9 x4.8 x4.7 x4.5 x

Quarterly

USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

1.1b1.3b1.5b1.7b2.3b1.7b1.6b1.7b1.5b1.9b1.6b1.4b1.3b1.3b1.4b

Accounts Receivable

2.1b2.5b2.6b2.1b2.3b2.2b2.3b2.9b2.9b

Inventories

3.9b3.5b3.6b3.6b3.4b3.6b3.5b3.6b3.6b3.5b3.6b3.8b3.7b4.0b4.4b

Current Assets

8.9b9.0b8.9b9.1b9.1b9.0b9.0b8.4b8.5b8.6b8.6b8.9b9.1b9.7b10.0b

PP&E

2.4b2.3b2.2b2.1b2.1b2.2b2.2b2.3b2.3b2.3b2.3b2.4b2.4b2.2b2.3b

Goodwill

1.0b1.1b1.1b1.1b1.1b

Total Assets

12.0b12.1b11.9b12.1b12.1b12.7b13.0b12.5b12.7b12.8b13.0b13.6bwdxefcqufszuzezftuxetqsqxt13.8b14.3b14.7b

Accounts Payable

5.1b4.7b4.7b4.9b4.3b4.8b4.8b4.3b4.5b4.7b4.8b5.2b5.4b5.7b6.2b

Short-term debt

42.9m55.6m

Current Liabilities

7.4b7.2b7.1b7.2b6.5b7.0b7.2b6.6b6.9b6.9b6.8b7.2b7.4b7.8b8.2b

Long-term debt

2.0b2.1b2.1b2.0b2.6b2.6b2.7b2.7b2.7b2.8b2.9b2.9b2.9b2.9b2.9b

Total Debt

2.0b2.1b2.1b2.0b2.6b2.6b2.7b2.7b2.7b2.8b2.9b2.9b2.9b2.9b2.9b

Total Liabilities

11.2b11.6b

Common Stock

6.7b6.6b

Retained Earnings

(5.1b)(4.8b)(4.6b)(4.5b)(4.2b)(4.1b)(4.0b)(3.8b)(3.8b)(3.7b)(3.4b)(3.2b)(3.1b)(3.0b)(2.9b)

Total Equity

2.1b2.3b2.3b2.4b2.5b2.5b2.6b2.7b2.6b2.6b2.8b2.9b3.0b3.1b3.2b

EPS

0.20.20.30.20.20.30.20.20.20.20.2

Debt to Equity Ratio

1 x0.9 x0.9 x0.9 x1.1 x1.1 x1.1 x1 x1 x1.1 x1 x1 x1 x0.9 x0.9 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x

Financial Leverage

5.7 x5.2 x5.1 x5.1 x4.9 x5.2 x5.1 x4.7 x4.9 x4.8 x4.6 x4.7 x4.6 x4.6 x4.6 x

Flex Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

365.6m600.8m444.1m319.6m428.5m

Depreciation and Amortization

515.4m609.7m555.4m

Accounts Receivable

(590.0m)317.0m318.0m(164.2m)(296.9m)

Inventories

(760.0m)72.7m84.8m85.0m354.3m

Accounts Payable

1.1b(176.9m)(365.1m)268.7m623.1m

Cash From Operating Activities

1.2b794.0m1.1b1.1b753.6m

Purchases of PP&E

(609.6m)(347.4m)(510.6m)(525.1m)(562.0m)

Cash From Investing Activities

(783.9m)(242.2m)(1.4b)(702.2m)(909.0m)

Long-term Borrowings

(537.6m)(344.2m)(190.2m)(141.7m)(1.4b)

Cash From Financing Activities

(410.8m)(516.0m)249.6m(242.1m)(187.8m)

Net Change in Cash

6.6m34.7m(20.8m)223.1m(358.3m)

Income Taxes Paid

(36.3m)(59.3m)(64.3m)(20.0m)

Quarterly

USDQ2, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

177.5m110.9m233.8m382.7m105.7m103.2m232.7m124.7m329.8m448.1m116.0m202.9m

Depreciation and Amortization

121.8m269.1m

Cash From Operating Activities

353.8m362.3m662.0m939.8m263.9m543.6m1.0b138.5m280.8m431.0m(671.8m)(1.7b)

Purchases of PP&E

(321.4m)(138.3m)(296.4m)(418.6m)(159.1m)(305.9m)(413.6m)(124.9m)(264.0m)(432.9m)(172.2m)(363.4m)

Cash From Investing Activities

(490.1m)(162.0m)(946.4m)(1.3b)(111.8m)412.8m(579.4m)(352.3m)(618.1m)(782.9m)471.6m1.7b

Long-term Borrowings

(8.5m)(21.1m)(40.7m)(92.2m)(110.6m)(115.1m)(7.6m)(150.3m)(652.6m)

Cash From Financing Activities

(306.4m)506.4m343.7m386.5m(95.1m)(215.7m)(204.6m)(23.1m)(109.7m)(173.4m)14.0k(62.4m)

Net Change in Cash

703.0m40.0m5.8m71.8m(70.5m)249.5m(248.5m)(217.8m)(94.7m)

Flex Ratios

USDY, 2018

EV/CFO

-3.4 x

Debt/Equity

0.9 x

Debt/Assets

0.2 x

Financial Leverage

4.6 x

P/E Ratio

51.1
Report incorrect company information

Flex Operating Metrics

FY, 2015FY, 2016FY, 2017

Bookings (Communications and Enterprise Compute)

$2 b

Bookings (Consumer Technologies Group)

$1 b

Bookings (Industrial and Emerging Industries)

$2 b

Countries

30 30 30

Manufacturing Facilities

100 100 100
Report incorrect company information

Flex Employee Rating

3.6811 votes
Culture & Values
3.6
Work/Life Balance
3.4
Senior Management
3.1
Salary & Benefits
3.3
Career Opportunities
3.3
Source