Plexus

OverviewSuggest Edit

Plexus provides electronic manufacturing services. It offers product conceptualization solutions and product design and value-engineering solutions. The Company also provides commercialization, manufacturing and fulfillment and logistics solutions. In addition, it offers sustaining solutions, which include aftermarket services and part sales. The Company provides its solutions to companies in various industries.

TypePublic
Founded1979
HQNeenah, USMap
Websiteplexus.com
Employee Ratings3.4More
View Jobs (375)

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2019)19,000
Job Openings375
Revenue (FY, 2018)$2.9 B(+14%)
Share Price (Nov 2019)$75.2

Key People/Management at Plexus

Todd Kelsey

Todd Kelsey

President and Chief Executive Officer
Steve Frisch

Steve Frisch

Executive Vice President and Chief Operating Officer
Patrick Jermain

Patrick Jermain

Senior Vice President and Chief Financial Officer
Angelo Ninivaggi

Angelo Ninivaggi

Senior Vice President, Chief Administrative Officer, General Counsel and Secretary
Heather Beresford

Heather Beresford

Senior Director - Communications and Investor Relations
Ronnie Darroch

Ronnie Darroch

Executive Vice President - Global Manufacturing Solutions and Regional President - AMER
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Plexus Office Locations

Plexus has offices in Neenah, Appleton, Buffalo Grove, Louisville and in 13 other locations
Neenah, US (HQ)
Plexus Way
Appleton, US
N700 County Rd CB WI 54914
Buffalo Grove, US
2400 Millbrook Dr, Chicago 60089
Louisville, US
Boulder 168 Centennial Parkway Suite 250
Nampa, US
16399 N Franklin Blvd ID 83687
Neenah, US
120 Main Street WI 54956
Show all (21)

Plexus Financials and Metrics

Plexus Revenue

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Plexus's revenue was reported to be $2.87 b in FY, 2018 which is a 13.7% increase from the previous period.
USD

Revenue (Q3, 2019)

799.6m

Gross profit (Q3, 2019)

71.0m

Gross profit margin (Q3, 2019), %

8.9%

Net income (Q3, 2019)

24.8m

EBIT (Q3, 2019)

34.4m

Market capitalization (12-Nov-2019)

2.2b

Closing stock price (12-Nov-2019)

75.2

Cash (29-Jun-2019)

198.4m

EV

2.3b
Plexus's current market capitalization is $2.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Revenue

2.0b2.2b2.3b2.6b2.5b2.9b

Revenue growth, %

(4%)(1%)14%

Cost of goods sold

1.8b2.0b2.1b2.3b2.3b2.6b

Gross profit

206.9m214.7m219.9m227.4m255.9m257.6m
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

536.4m565.8m568.1m559.2m573.5m608.8m530.5m557.8m571.9m635.0m604.3m618.8m677.3m698.7m726.4m765.5m789.1m799.6m

Cost of goods sold

480.8m510.9m512.7m505.1m518.8m551.4m479.4m505.8m516.5m570.7m540.5m557.6m613.8m645.7m658.6m693.2m718.4m728.6m

Gross profit

55.5m54.9m55.5m54.1m54.6m57.4m51.2m52.0m55.5m64.4m63.8m61.2m63.5m53.0m67.8m72.4m70.6m71.0m

Gross profit Margin, %

10%10%10%10%10%9%10%9%10%10%11%10%9%8%9%9%9%9%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Cash

188.2m242.1m297.6m433.0m568.9m297.3m

Accounts Receivable

311.2m284.0m323.2m416.9m365.5m394.8m

Prepaid Expenses

10.9m15.8m19.4m28.0m30.3m

Inventories

492.4m455.8m457.7m564.1m654.6m794.3m
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

190.2m149.5m123.4m208.7m257.8m277.9m274.2m276.5m285.6m496.5m524.5m519.2m506.7m402.5m332.7m188.8m184.0m198.4m

Accounts Receivable

274.7m318.5m279.5m301.2m295.2m312.5m290.5m335.3m335.1m343.7m320.5m318.2m334.8m400.3m379.1m428.5m445.1m459.3m

Prepaid Expenses

20.0m15.4m14.8m19.0m22.2m22.3m24.1m25.1m29.6m31.4m32.3m31.2m31.4m31.0m30.6m

Inventories

468.9m521.4m499.5m484.0m492.3m487.7m481.0m484.3m439.6m564.8m609.7m653.1m669.9m701.7m755.8m798.3m802.3m757.2m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Net Income

89.5m89.3m62.1m76.4m112.1m13.0m

Depreciation and Amortization

40.2m47.0m47.9m47.4m45.3m48.3m

Inventories

169.5m38.2m(24.1m)(785.0k)(86.1m)(140.6m)

Accounts Payable

122.2m(60.7m)34.3m5.8m6.9m93.3m
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

62.9m25.0m48.9m70.9m37.8m61.4m16.6m34.6m57.8m28.2m57.5m83.1m(98.5m)(86.2m)(59.7m)22.2m47.0m71.8m

Depreciation and Amortization

29.2m11.3m22.7m34.4m24.4m36.1m12.0m23.8m35.7m11.4m22.5m33.8m11.7m23.6m35.8m12.6m25.5m38.8m

Inventories

146.9m(28.6m)(5.8m)10.2m(10.0m)(6.4m)(22.8m)(27.2m)18.3m(5.6m)(49.3m)(87.8m)(14.0m)(42.8m)(102.3m)(74.3m)(77.9m)(33.8m)

Accounts Payable

80.2m(12.6m)(36.2m)(55.5m)49.6m58.0m(22.5m)(4.5m)(39.1m)(18.6m)(11.7m)(6.4m)8.8m15.6m63.7m7.9m(28.2m)(72.0m)
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USDY, 2019

EV/EBIT

67.1 x

EV/CFO

328.4 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.3 x
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Plexus Operating Metrics

Plexus's Enterprise Customers was reported to be 140 in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Enterprise Customers

140 140 140 140 140

Manufacturing Facilities

25 24 22 22 23
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Plexus Acquisitions / Subsidiaries

Acquired CompanyDateDeal 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. (UK) Limited
Plexus Deutschland GmbH
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Plexus Revenue Breakdown

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Plexus revenue breakdown by business segment: 31.9% from Industrial/Commercial, 36.2% from Healthcare/Life Sciences, 15.5% from Aerospace/Defense and 16.4% from Communications

Plexus revenue breakdown by geographic segment: 40.7% from AMER, 50.0% from APAC and 9.4% from EMEA

Plexus Online and Social Media Presence

Plexus's Trends

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Plexus News and Updates

July 17, 2019

Plexus Announces Fiscal Third Quarter 2019 Financial Results

NEENAH, Wis., July 17, 2019 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) today announced financial results for its fiscal third quarter ended June 29, 2019, and guidance for its fiscal fourth quarter ending September 28, 2019.
June 27, 2019

Anesthesia Associates NW Deploys Plexus TG's Anesthesia Touch at the Salem Endoscopy Center

JACKSON, Mich., June 27, 2019 /PRNewswire/ -- Anesthesia Associates NW (AANW) partnered with Plexus Technology Group, LLC (Plexus TG), a market-leading, best-of breed provider of anesthesia information management systems (AIMS), to successfully implement its anesthesia information...
June 19, 2019

Plexus Sets Fiscal Third Quarter 2019 Earnings Release Date

NEENAH, Wis., June 19, 2019 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) announced today it will release its fiscal third quarter 2019 results after the market closes on Wednesday, July 17, 2019. Plexus’ management will host a conference call to discuss its third quarter results on Thursday, July 18 …
June 04, 2019

Pacira Announces Publication of Pivotal Study of EXPAREL as a Single-Dose Interscalene Brachial Plexus Nerve Block in Patients Undergoing Shoulder Surgery

Results, which included significant reductions in pain and opioids, published in Pain Medicine Results, which included significant reductions in pain and opioids, published in Pain Medicine
May 28, 2019

Plexus Announces Analyst Day 2019

NEENAH, Wis., May 28, 2019 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) announced today it will host its 2019 Analyst Day event on June 5, 2019.  This meeting will feature presentations from the company’s leadership team as well as provide invited guests tours of three Plexus facilities, allowing inv…
April 17, 2019

Plexus Announces Fiscal Second Quarter 2019 Financial Results

NEENAH, Wis., April 17, 2019 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) today announced financial results for its fiscal second quarter ended March 30, 2019, and guidance for its fiscal third quarter ending June 29, 2019.
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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 19,000 employees.

  • What is Plexus revenue?

    Latest Plexus annual revenue is $2.9 b.

  • What is Plexus revenue per employee?

    Latest Plexus revenue per employee is $151.2 k.

  • Who are Plexus competitors?

    Competitors of Plexus include IEC Electronics, Flex and Jabil.

  • Where is Plexus headquarters?

    Plexus headquarters is located at Plexus Way, Neenah.

  • Where are Plexus offices?

    Plexus has offices in Neenah, Appleton, Buffalo Grove, Louisville and in 13 other locations.

  • How many offices does Plexus have?

    Plexus has 21 offices.