Flex Ltd (FLEX)
Net profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 838,000 | 1,006,000 | 793,000 | 936,000 | 613,000 |
| Revenue | US$ in thousands | 25,813,000 | 26,415,000 | 28,502,000 | 24,633,000 | 24,124,000 |
| Net profit margin | 3.25% | 3.81% | 2.78% | 3.80% | 2.54% |
March 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $838,000K ÷ $25,813,000K
= 3.25%
To analyze Flex Ltd's net profit margin over the years, we can observe that the company has demonstrated fluctuating profitability levels.
In March 2021, the net profit margin stood at 2.54%, showing a relatively modest level of profitability. Subsequently, in March 2022, there was an improvement with the net profit margin increasing to 3.80%, indicating a healthier level of profitability for the company. However, in March 2023, there was a slight decrease in net profit margin to 2.78%, which could be a point of concern for stakeholders.
The trend reversed in March 2024, as the net profit margin increased to 3.81%, surpassing the previous high in 2022. This improvement signified a positive growth trajectory in the company's profitability. Lastly, in March 2025, the net profit margin slightly decreased to 3.25%, still maintaining a relatively healthy level compared to previous years.
Overall, Flex Ltd's net profit margin has experienced fluctuations over the years, indicating variability in the company's ability to generate profits in relation to its revenue. Stakeholders may need to closely monitor the trend and factors impacting profitability to make informed decisions regarding the company's financial performance.
Peer comparison
Mar 31, 2025