FLEX Flex margins

Relative Growth: Rel. Growth: 78

Relative Strength: Rel. Strength: 40

Relative Valuation: Rel. Valuation: 60

Relative Profitability: Rel. Profitability: 51

Gross margin

9.4%

Operating margin

EBITDA margin

7.5%

Net margin

3.3%

Currently, Flex has a gross margin of 9.4%, an operating margin of 5%, an EBITDA margin of 7.5%, and a net margin of 3.3%. Gross margin showed the largest improvement, increasing by 0.7 percentage points. EBITDA margin saw the largest decline, decreasing by 0.1 percentage points.

FLEX margin history

Gross, operating, EBITDA and net margin trends

Flex's margins averaged 8.15% gross, 4.17% operating, 7.1% EBITDA, and 3.43% net during the last 3 years. Against the three-year averages, gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.

FLEX margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.7 percentage points and operating margin by 0.2 percentage points, whereas EBITDA margin contracted by 0.1 percentage points and net margin by 0.1 percentage points.

Gross margin expansion

0.7pp

Operating margin expansion

0.2pp

EBITDA margin expansion

-0.1pp

Net margin expansion

-0.1pp

FLEX Gross margin

Over the last 3 years, Flex's gross margin averaged 8.15%. The current gross margin of 9.4% is 1.3 percentage points above its three-year average. During this period, gross margin reached a high of 9.4% in Jun 2026 and a low of 6.5% in Dec 2023.

FLEX Operating margin

Reviewing the last 3 years, Flex recorded an average operating margin of 4.17%. Compared with its three-year average, Flex's current operating margin is 5% and is 0.8 percentage points above its three-year average. The highest operating margin for Flex was 5% in Jun 2026, while the lowest was 3.1% in Dec 2023.

FLEX EBITDA margin

Over the last 3 years, Flex's EBITDA margin averaged 7.1%. The current EBITDA margin of 7.5% is 0.4 percentage points above its three-year average. During this period, EBITDA margin reached a high of 7.6% in Dec 2025 and a low of 6.4% in Mar 2024.

FLEX Net margin

The average net margin for Flex was 3.43% in the last 3 years. Currently, Flex's current net margin is 3.3%, which is 0.1 percentage points below its three-year average. The net margin for Flex moved between 2.9% in Dec 2023 and 4% in Dec 2024.

FLEX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 9.4%, FLEX is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.2%, Flex's gross margin is 82% lower.

FLEX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Flex's gross margin?

As of Jun 26, 2026, FLEX has a gross margin of 9.4%.

What is Flex's operating margin?

The current operating margin for FLEX is 5% as of Jun 26, 2026.

What is Flex's EBITDA margin?

The current EBITDA margin for FLEX is 7.5% as of Jun 26, 2026.

What is Flex's net margin?

The current net margin for FLEX is 3.3% as of Jun 26, 2026.

What are the average margins of FLEX?

Flex's gross, operating, EBITDA, and net margins averaged 8.2% gross, 4.2% operating, 7.1% EBITDA, and 3.4% net over the last 3 years.

What are the highest historical margins of FLEX?

Flex's highest recorded margins during the past 5 years were 9.4% gross in Jun 2026, 5% operating in Jun 2026, 7.6% EBITDA in Dec 2025, and 4% net in Dec 2024.

What are the lowest historical margins of FLEX?

In the last 5 years, the lowest margins reported by FLEX were 6.5% gross in Dec 2023, 3.1% operating in Dec 2023, 6.2% EBITDA in Mar 2023, and 2.8% net in Mar 2023.