Flex Ltd (FLEX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,023,000 | 861,000 | 880,000 | 941,000 | 988,000 | 1,079,000 | 1,034,000 | 981,000 | 974,000 | 965,000 | 946,000 | 1,045,000 | 1,046,000 | 1,107,000 | 1,097,000 | 879,000 | 713,383 | 498,063 | 410,452 | 161,759 |
| 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 |
| Pretax margin | 3.96% | 3.37% | 3.37% | 3.48% | 3.52% | 3.67% | 3.44% | 3.23% | 3.21% | 3.25% | 3.31% | 3.86% | 4.02% | 4.35% | 4.29% | 3.47% | 2.96% | 2.13% | 1.78% | 0.70% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,023,000K ÷ $25,813,000K
= 3.96%
Flex Ltd's pretax margin has shown a generally positive trend over the past few years, increasing from 0.70% in June 2020 to 3.96% in March 2025. The company's ability to generate profits before taxes has improved steadily, with some fluctuations along the way. Despite experiencing some ups and downs, the pretax margin has generally trended upwards, indicating improved efficiency in managing operating expenses and generating higher revenues relative to costs. The latest pretax margin of 3.96% in March 2025 reflects the company's ability to maintain profitability and potentially invest in growth opportunities while effectively managing its cost structure.
Peer comparison
Mar 31, 2025