Flex Ltd (FLEX)
Pretax margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,023,000 | 666,000 | 807,000 | 964,000 | 714,000 |
| Revenue | US$ in thousands | 25,813,000 | 26,415,000 | 28,502,000 | 24,633,000 | 24,124,000 |
| Pretax margin | 3.96% | 2.52% | 2.83% | 3.91% | 2.96% |
March 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $1,023,000K ÷ $25,813,000K
= 3.96%
Flex Ltd's pretax margin has shown some variability over the past five years. In March 2021, the pretax margin was 2.96%, which increased to 3.91% by March 2022, reflecting improved profitability. However, there was a slight decrease in the pretax margin to 2.83% in March 2023, indicating a potential dip in profitability. This trend continued with a further decrease to 2.52% by March 2024, highlighting potential challenges in maintaining profitability.
Nevertheless, there was a notable improvement in the pretax margin in the most recent year, March 2025, where it reached 3.96%. This suggests that the company may have implemented strategies to enhance profitability and efficiency.
Overall, the fluctuations in Flex Ltd's pretax margin over the years indicate the company's ability to adapt to changing market conditions and operational challenges. It is crucial for the company to continue monitoring and improving its pretax margin to ensure sustainable profitability in the future.
Peer comparison
Mar 31, 2025