Flex Ltd (FLEX)

Operating 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
Operating income (ttm) US$ in thousands 1,169,000 1,098,000 1,112,000 1,191,000 1,249,000 1,281,000 1,254,000 1,203,000 1,184,000 1,146,000 1,076,000 988,000 971,000 1,027,000 1,017,000 966,000 819,000 684,157 640,132 536,132
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
Operating profit margin 4.53% 4.29% 4.26% 4.40% 4.45% 4.36% 4.17% 3.97% 3.90% 3.86% 3.76% 3.65% 3.73% 4.03% 3.98% 3.82% 3.39% 2.93% 2.77% 2.31%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,169,000K ÷ $25,813,000K
= 4.53%

Flex Ltd's operating profit margin has shown a gradual increase over the past five years, reflecting improvements in the company's operating efficiency and profitability. Starting at 2.31% in June 2020, the operating profit margin has consistently increased to 4.53% by March 2025. This upward trend indicates that Flex Ltd has been effectively managing its operating expenses relative to its revenue, resulting in a higher percentage of operating income generated from its sales. The company's ability to maintain this trend over the years suggests a strong operational performance and effective cost management strategies in place.