Flex Ltd (FLEX)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,159,000 | 1,865,000 | 1,976,000 | 1,780,000 | 1,687,000 |
| Revenue | US$ in thousands | 25,813,000 | 26,415,000 | 28,502,000 | 24,633,000 | 24,124,000 |
| Gross profit margin | 8.36% | 7.06% | 6.93% | 7.23% | 6.99% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,159,000K ÷ $25,813,000K
= 8.36%
Flex Ltd's gross profit margin has shown some fluctuations over the past five years. It increased from 6.99% as of March 31, 2021, to 7.23% as of March 31, 2022, indicating an improvement in the company's ability to generate profit from its core operations. However, there was a slight drop in the gross profit margin to 6.93% as of March 31, 2023.
Subsequently, the gross profit margin increased again to 7.06% as of March 31, 2024, suggesting a recovery in profitability. The most significant improvement was seen in the latest period, with the gross profit margin reaching 8.36% as of March 31, 2025, reflecting a substantial increase in the company's profitability.
Overall, the trend in Flex Ltd's gross profit margin shows some variability, but the recent significant increase indicates that the company has been able to enhance its efficiency in managing production costs and pricing strategies to boost its profitability.
Peer comparison
Mar 31, 2025