Flex Ltd (FLEX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 18,381,000 | 18,272,000 | 18,586,000 | 17,737,000 | 18,257,000 | 20,366,000 | 20,968,000 | 20,936,000 | 21,395,000 | 20,892,000 | 20,623,000 | 20,054,000 | 19,325,000 | 18,175,000 | 16,711,000 | 16,192,000 | 15,836,000 | 15,668,000 | 15,001,000 | 14,133,100 |
| Operating ROA | 6.36% | 6.01% | 5.98% | 6.71% | 6.84% | 6.29% | 5.98% | 5.75% | 5.53% | 5.49% | 5.22% | 4.93% | 5.02% | 5.65% | 6.09% | 5.97% | 5.17% | 4.37% | 4.27% | 3.79% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,169,000K ÷ $18,381,000K
= 6.36%
Flex Ltd's operating return on assets (Operating ROA) has shown a general upward trend over the analyzed period, starting at 3.79% on June 30, 2020, and increasing to 6.36% on March 31, 2025. This indicates the company's ability to generate operating profit relative to its total assets has improved over time.
The operating ROA experienced fluctuations within the range, with some quarters showing more significant changes compared to others. For instance, there was a notable increase in operating ROA from March 31, 2021, to June 30, 2021, suggesting improved operational efficiency during that period.
Although there was a slight decline in operating ROA between September 30, 2024, and March 31, 2025, the overall trend indicates a positive performance in utilizing assets to generate operating profits.
Investors and stakeholders may view this trend positively as it indicates the company's ability to efficiently utilize its assets to generate operating income, which can be a key indicator of operational effectiveness and profitability.
Peer comparison
Mar 31, 2025