$5.3 B

FLEX Mkt cap, 13-Feb-2019

$6.9 B

Flex Revenue Q3, 2019
Flex Gross profit (Q3, 2019)417.8 M
Flex Gross profit margin (Q3, 2019), %6%
Flex Net income (Q3, 2019)-45.2 M
Flex Cash, 31-Dec-20181.5 B
Flex EV6.7 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 revenue breakdown by geographic segment: 10.1% from Brazil, 7.9% from Malaysia, 11.2% from U.S., 17.1% from Mexico, 29.3% from China and 24.3% from Other

Flex Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

24.4b23.9b25.4b

Revenue growth, %

(7%)(2%)7%

Cost of goods sold

22.8b22.3b23.8b

Gross profit

1.6b1.6b1.7b

Gross profit Margin, %

7%7%7%

General and administrative expense

954.9m937.3m1.0b

Operating expense total

954.9m937.3m1.0b

Depreciation and amortization

66.0m81.4m78.6m

Pre tax profit

454.7m370.8m520.9m

Income tax expense

10.6m51.3m92.4m

Net Income

444.1m319.6m428.5m

Flex Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

1.6b1.8b1.5b

Accounts Receivable

2.0b2.2b2.5b

Inventories

3.5b3.4b3.8b

Current Assets

8.3b8.4b9.2b

PP&E

2.3b2.3b2.2b

Goodwill

942.1m984.9m1.1b

Total Assets

12.4b12.6b13.7b

Accounts Payable

4.2b4.5b5.1b

Short-term debt

65.2m61.5m43.0m

Current Liabilities

6.6b6.5b7.3b

Long-term debt

2.7b2.9b2.9b

Total Debt

2.8b3.0b2.9b

Common Stock

7.0b6.7b6.6b

Retained Earnings

(3.9b)(3.6b)(3.1b)

Total Equity

2.6b2.7b3.0b

EPS

0.80.60.8

Debt to Equity Ratio

1.1 x1.1 x1 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

4.8 x4.7 x4.5 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.7b1.5b1.9b1.6b1.4b1.3b1.3b1.4b1.5b

Accounts Receivable

2.1b2.3b2.2b2.3b2.6b3.1b2.9b2.9b

Inventories

3.6b3.6b3.5b3.6b3.8b3.7b4.0b4.4b3.9b

Current Assets

8.4b8.5b8.6b8.6b8.9b9.1b9.7b10.0b9.5b

PP&E

2.3b2.3b2.3b2.3b2.4b2.4b2.2b2.3b2.2b

Goodwill

1.3b1.4b1.3b1.0b1.1b1.1b1.1b1.1b1.1b

Total Assets

12.5b12.7b12.8b13.0b13.6b13.8b14.3b14.7b14.0b

Accounts Payable

4.3b4.5b4.7b4.8b5.2b5.4b5.7b6.2b5.5b

Short-term debt

66.0m66.0m68.9m45.7m47.0m43.0m42.9m55.6m

Current Liabilities

6.6b6.9b6.9b6.8b7.2b7.4b7.8b8.2b7.5b

Long-term debt

2.7b2.7b2.8b2.9b2.9b2.9b2.9b2.9b2.9b

Total Debt

2.8b2.7b2.9b3.0b3.0b2.9b2.9b2.9b2.9b

Common Stock

6.9b6.9b6.8b6.7b6.6b6.6b6.7b6.6b

Retained Earnings

(3.8b)(3.8b)(3.7b)(3.4b)(3.2b)(3.1b)(3.0b)(2.9b)(2.9b)

Total Equity

2.7b2.6b2.6b2.8b2.9b3.0b3.1b3.2b3.1b

EPS

0.20.20.20.40.20.20.2

Debt to Equity Ratio

1 x1.1 x1.1 x1.1 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 x

Financial Leverage

4.7 x4.9 x4.8 x4.6 x4.7 x4.6 x4.6 x4.6 x4.5 x

Flex Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

444.1m319.6m428.5m

Depreciation and Amortization

515.4m609.7m555.4m

Accounts Receivable

317.9m(164.2m)(296.9m)

Inventories

84.8m85.0m(354.3m)

Accounts Payable

(365.1m)268.7m623.1m

Cash From Operating Activities

1.1b1.1b753.6m

Purchases of PP&E

(510.6m)(525.1m)(562.0m)

Cash From Investing Activities

(1.4b)(702.2m)(909.0m)

Long-term Borrowings

(190.2m)(141.7m)(1.4b)

Cash From Financing Activities

249.6m(242.1m)(187.8m)

Net Change in Cash

(20.8m)223.1m(358.3m)

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

105.7m103.2m232.7m124.7m329.8m448.1m116.0m202.9m157.8m

Depreciation and Amortization

129.5m337.4m466.8m131.4m264.7m400.0m121.8m269.1m

Cash From Operating Activities

263.9m543.6m1.0b(695.8m)(2.2b)431.0m(671.8m)(1.7b)(2.3b)

Purchases of PP&E

(159.1m)(305.9m)(413.6m)(124.9m)(264.0m)(432.9m)(172.2m)(363.4m)(592.1m)

Cash From Investing Activities

(111.8m)(412.8m)(579.4m)482.0m1.8b(782.9m)471.6m1.7b2.5b

Long-term Borrowings

(92.2m)(110.6m)(115.1m)(7.6m)(26.5m)(907.9m)(150.3m)(652.6m)

Cash From Financing Activities

(95.1m)(215.7m)(204.6m)(23.1m)(109.7m)(173.4m)14.0k(62.4m)(80.6m)

Net Change in Cash

71.8m(70.5m)249.5m(248.5m)(461.2m)(539.5m)(217.8m)(94.7m)

Flex Ratios

USDY, 2018

EV/CFO

-2.9 x

Revenue/Employee

34.7k

Financial Leverage

4.5 x
Report incorrect company information

Flex Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018

Countries

30 30 30 35

Manufacturing Facilities

100 100 100 100

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

Bookings (High Reliability Solutions)

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

Active Accounts (Capital Equipment)

85

Active Accounts (Energy Solutions)

62

Active Accounts (Lifestyle and Appliances)

46

Active Accounts (Lighting Solution)

25

Bookings (Capital Equipment)

$250 m

Bookings (Energy Solutions)

$750 m

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
Report incorrect company information

Flex Employee Rating

3.6882 votes
Culture & Values
3.6
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.3
Career Opportunities
3.3
Source