OverviewSuggest Edit

Plexus is a provider of electronic manufacturing services. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services. The company serves the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense sectors.
TypePublic
Founded1979
HQNeenah, WI, US
Websiteplexus.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Oct 2021)19,200(-1%)
Job Openings423
Revenue (FY, 2021)$3.4 B(+7%)
Share Price (May 2022)$82.2(+2%)
Cybersecurity ratingBMore
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Key People/Management at Plexus

Todd Kelsey

Todd Kelsey

Chief Executive Officer and Director
Steve Frisch

Steve Frisch

President & Chief Strategy Officer
Patrick Jermain

Patrick Jermain

Executive Vice President & Chief Financial Officer
Angelo Ninivaggi

Angelo Ninivaggi

Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Oliver Mihm

Oliver Mihm

Executive Vice President & Chief Operating Officer
Ronnie Darroch

Ronnie Darroch

Executive Vice President & Regional President - EMEA
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Plexus Office Locations

Plexus has offices in Neenah, Appleton, Buffalo Grove, Nampa and in 11 other locations
Neenah, WI, US (HQ)
1 Plexus Way
Appleton, WI, US
N700 County Rd CB
Buffalo Grove, IL, US
2400 Millbrook Dr
Nampa, ID, US
16399 N Franklin Blvd
Neenah, WI, US
120 Main St
Neenah, WI, US
2444 Schultz Dr
Show all (20)

Plexus Financials and Metrics

Plexus Revenue

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Plexus's revenue was reported to be $3.37 b in FY, 2021
USD

Revenue (Q1, 2022)

817.5m

Gross profit (Q1, 2022)

70.0m

Gross profit margin (Q1, 2022), %

8.6%

Net income (Q1, 2022)

23.4m

EBIT (Q1, 2022)

30.5m

Market capitalization (13-May-2022)

2.3b

Closing stock price (13-May-2022)

82.2

Cash (1-Jan-2022)

217.1m

EV

2.5b
Plexus's current market capitalization is $2.3 b.
Annual
USDFY, 2018FY, 2019FY, 2021

Revenue

2.9b3.2b3.4b

Revenue growth, %

14%10%

Cost of goods sold

2.6b2.9b3.0b

Gross profit

257.6m291.8m323.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q1, 2022

Revenue

765.5m789.1m799.6m889.1m796.3m857.4m830.4m880.9m817.5m

Cost of goods sold

693.2m718.4m728.6m773.2m705.9m774.5m751.1m789.9m747.5m

Gross profit

72.4m70.6m71.0m115.9m90.4m82.9m46.9m91.0m70.0m

Gross profit Margin, %

9%9%9%13%11%10%6%10%9%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

223.8m385.8m270.2m

Accounts Receivable

488.3m482.1m519.7m

Prepaid Expenses

32.0m31.8m53.1m

Inventories

700.9m763.5m972.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

252.9m225.8m296.5m356.7m294.4m303.3m217.1m

Accounts Receivable

461.7m462.8m519.3m484.7m508.6m469.4m589.3m

Prepaid Expenses

33.7m27.5m32.8m39.2m36.2m46.2m62.5m

Inventories

735.8m765.8m819.5m764.3m771.6m874.7m1.2b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

108.6m117.5m138.9m

Depreciation and Amortization

52.2m56.7m61.0m

Inventories

18.8m(56.4m)(206.5m)

Accounts Payable

(56.7m)65.1m111.8m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

31.0m43.9m79.8m36.2m78.0m105.6m23.4m

Depreciation and Amortization

14.0m27.9m42.2m14.8m30.7m45.8m15.5m

Inventories

(31.6m)(65.7m)(116.8m)3.7m(4.7m)(107.1m)(214.4m)

Accounts Payable

65.0m41.6m111.6m(23.5m)16.3m62.3m76.2m
USDFY, 2018

Revenue/Employee

162.7k
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Plexus Operating Metrics

Plexus's Enterprise Customers was reported to be 140 in FY, 2021.
FY, 2019FY, 2020FY, 2021

Enterprise Customers

140135140

Manufacturing Facilities

262626

Customers and Partnerships

140135140

Facility Space, sq. ft.

4 m4.5 m4.5 m
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Plexus Acquisitions / Subsidiaries

Company NameDateDeal Size
MCMS, Inc.January 11, 2002$45 m
Qtron, Inc.May 02, 2001
e2E CorpOctober 02, 2000$20 m
ShureSeptember 03, 1999
Plexus Aerospace, Defense and Security Services, LLC
Plexus Asia, Ltd.
Plexus Corp. Limited
Plexus Corp. Services (UK) Limited
Plexus Corp (Singapore) Pte. Ltd. (Singapore)
Plexus Corp. (UK) Limited
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Plexus Revenue Breakdown

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Plexus revenue breakdown by business segment: 39.4% from Healthcare/Life Sciences, 14.6% from Aerospace/Defense and 46.0% from Industrial/Commercial

Plexus revenue breakdown by geographic segment: 52.0% from APAC, 9.2% from EMEA and 38.8% from AMER

Plexus Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Plexus Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Plexus Online and Social Media Presence

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Plexus Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    78/100

  • Compensation

    A

    78/100

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Plexus News and Updates

Plexus Announces Fiscal Second Quarter Financial Results

Reports fiscal second quarter revenue of $889 million, GAAP operating margin of 4.0% and GAAP diluted EPS of $0.95, including $0.21 of stock-based compensation expense Initiates fiscal third quarter revenue guidance of $885 to $925 million with GAAP diluted EPS of $1.02 to $1.18, including $0.21 of …

Plexus Sets Fiscal Second Quarter 2022 Earnings Release Date

NEENAH, WI, March 30, 2022 (GLOBE NEWSWIRE) -- Plexus Corp. (NASDAQ: PLXS) announced today it will release its fiscal second quarter 2022 results after market close on Wednesday, April 27, 2022. Plexus’ management will host a conference call to discuss its second quarter results on Thursday, April…

Plexus Confirms Fiscal Second Quarter Guidance

NEENAH, WI, March 07, 2022 (GLOBE NEWSWIRE) -- Plexus Corp. (NASDAQ: PLXS) is confirming its fiscal second quarter guidance for revenue of $820 to $860 million, GAAP operating margin of 3.6% to 4.0% and GAAP EPS of $0.76 to $0.92 as previously issued on January 26, 2022. Plexus will participate in…

Plexus to Present at Raymond James 43rd Annual Institutional Investors Conference

NEENAH, WI, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) announced today it will attend the Raymond James 43rd Annual Institutional Investors Conference in Orlando, FL on March 7 - 8, 2022. During the conference on March 7, 2022, Raymond James will host a fireside chat with Plexus’ mana…

Plexus Announces Preliminary Fiscal First Quarter Results

Plexus Corp. (NASDAQ: PLXS) announced today that it will not meet its fiscal first quarter revenue guidance of $825 to $865 million with GAAP diluted EPS of $1.01 to $1.17, as issued October 27, 2021, due to unanticipated supply chain challenges that accelerated in the final weeks of the quarter. Pl…

Plexus Sets Fiscal First Quarter 2022 Earnings Release Date

Plexus Corp. (NASDAQ: PLXS) announced today it will release its fiscal first quarter 2022 results after market close on Wednesday, January 26, 2022. Plexus’ management will host a conference call to discuss its first quarter results on Thursday, January 27 at 8:30 a.m. Eastern Time. An audio webca…
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Plexus Frequently Asked Questions

  • When was Plexus founded?

    Plexus was founded in 1979.

  • Who are Plexus key executives?

    Plexus's key executives are Todd Kelsey, Steve Frisch and Patrick Jermain.

  • How many employees does Plexus have?

    Plexus has 19,200 employees.

  • What is Plexus revenue?

    Latest Plexus annual revenue is $3.4 b.

  • What is Plexus revenue per employee?

    Latest Plexus revenue per employee is $175.5 k.

  • Who are Plexus competitors?

    Competitors of Plexus include Celestica, Crown Equipment and Phoenix Contact.

  • Where is Plexus headquarters?

    Plexus headquarters is located at 1 Plexus Way, Neenah.

  • Where are Plexus offices?

    Plexus has offices in Neenah, Appleton, Buffalo Grove, Nampa and in 11 other locations.

  • How many offices does Plexus have?

    Plexus has 20 offices.