Flex Ltd (FLEX)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,169,000 | 1,028,000 | 1,017,000 | 890,000 | 795,000 |
| Total assets | US$ in thousands | 18,381,000 | 18,257,000 | 21,407,000 | 19,325,000 | 15,836,000 |
| Operating ROA | 6.36% | 5.63% | 4.75% | 4.61% | 5.02% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,169,000K ÷ $18,381,000K
= 6.36%
Flex Ltd's operating return on assets (operating ROA) has shown a fluctuating trend over the past five years. The operating ROA decreased from 5.02% as of March 31, 2021, to 4.61% as of March 31, 2022, before slightly increasing to 4.75% as of March 31, 2023.
However, there was a more significant improvement in the operating ROA in the subsequent years. The ratio increased to 5.63% as of March 31, 2024, indicating improved efficiency in generating operating profits from its assets. By the end of March 31, 2025, Flex Ltd's operating ROA further rose to 6.36%, highlighting a significant enhancement in the company's operational performance and asset utilization.
Overall, the upward trend in Flex Ltd's operating ROA in the later years suggests that the company has been successful in efficiently utilizing its assets to generate operating profits, potentially indicating a positive outlook for the company's operational efficiency and profitability.
Peer comparison
Mar 31, 2025