Flex Ltd (FLEX)

Net profit margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Net income (ttm) US$ in thousands 838,000 1,011,000 945,000 959,000 1,006,000 753,000 786,000 790,000 793,000 819,000 816,000 920,000 937,000 1,009,000 990,000 767,000 612,820 421,079 324,467 94,527
Revenue (ttm) US$ in thousands 25,813,000 25,584,000 26,131,000 27,057,000 28,079,000 29,387,000 30,040,000 30,335,000 30,346,000 29,720,000 28,583,000 27,046,000 26,041,000 25,456,000 25,557,000 25,313,000 24,124,330 23,342,820 23,084,210 23,187,260
Net profit margin 3.25% 3.95% 3.62% 3.54% 3.58% 2.56% 2.62% 2.60% 2.61% 2.76% 2.85% 3.40% 3.60% 3.96% 3.87% 3.03% 2.54% 1.80% 1.41% 0.41%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $838,000K ÷ $25,813,000K
= 3.25%

Flex Ltd's net profit margin has shown a fluctuating trend over the past few quarters. Starting at 0.41% in June 2020, it increased gradually, reaching a peak of 3.96% in December 2021. Subsequently, there was a slight decline before a notable increase to 3.60% in March 2022. However, in the following quarters, the net profit margin started to decrease, hitting a low of 2.56% in December 2023. A recovery was observed in the subsequent period, with the net profit margin improving to 3.95% by December 2024. Despite a slight dip in March 2025 to 3.25%, the overall trend indicates fluctuations in profitability performance.