Flex Ltd (FLEX)
Profitability ratios
Return on sales
| 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 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 7.17% | 6.89% | 6.67% | 6.48% | 6.56% | 6.74% | 6.93% | 7.20% | 7.46% | 7.41% | 7.45% | 7.64% | 7.56% | 7.36% | 7.01% | 6.63% | 6.48% | 5.57% | 5.53% | 5.43% |
| Operating profit margin | 3.40% | 3.23% | 3.05% | 3.14% | 3.28% | 3.39% | 3.58% | 3.66% | 3.78% | 3.67% | 3.75% | 4.04% | 3.99% | 3.78% | 3.30% | 3.60% | 3.42% | 1.90% | 1.66% | 1.83% |
| Pretax margin | 3.43% | 2.88% | 2.86% | 2.12% | 2.02% | 2.40% | 2.43% | 3.18% | 3.27% | 3.84% | 4.02% | 4.37% | 4.31% | 3.49% | 2.96% | 2.14% | 1.78% | 0.70% | 0.66% | 0.31% |
| Net profit margin | 3.62% | 3.55% | 3.60% | 2.58% | 2.63% | 2.62% | 2.63% | 2.77% | 2.87% | 3.42% | 3.61% | 3.98% | 3.89% | 3.04% | 2.55% | 1.81% | 1.41% | 0.41% | 0.36% | -0.10% |
Flex Ltd's profitability ratios have shown fluctuations over the periods analyzed. The gross profit margin has ranged between 5.43% to 7.56%, with an improving trend in recent periods. The operating profit margin has varied from 1.66% to 4.04%, indicating some instability in operational efficiency. The pretax margin has been between 0.31% to 4.37%, with significant fluctuations in profitability before showing a more stable performance in recent periods. The net profit margin has ranged from -0.10% to 3.98%, with a mix of positive and negative values, highlighting challenges in maintaining consistent bottom-line profitability. Overall, Flex Ltd's profitability ratios suggest a need for continued monitoring and potential improvements in operational and cost management efficiency.
Return on investment
| 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 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.77% | 4.91% | 4.67% | 4.50% | 4.66% | 4.88% | 5.04% | 5.19% | 5.22% | 4.93% | 5.02% | 5.64% | 6.07% | 5.88% | 5.01% | 5.35% | 5.25% | 3.12% | 2.93% | 3.22% |
| Return on assets (ROA) | 5.08% | 5.41% | 5.51% | 3.70% | 3.75% | 3.77% | 3.70% | 3.92% | 3.96% | 4.59% | 4.85% | 5.55% | 5.92% | 4.74% | 3.87% | 2.69% | 2.17% | 0.67% | 0.64% | -0.18% |
| Return on total capital | 12.68% | 14.55% | 13.67% | 13.63% | 13.46% | 13.59% | 13.31% | 14.28% | 14.82% | 13.68% | 13.16% | 13.75% | 14.45% | 13.57% | 11.42% | 7.83% | 6.77% | 3.07% | 3.02% | 2.19% |
| Return on equity (ROE) | 18.89% | 19.20% | 18.89% | 12.62% | 13.31% | 14.61% | 14.82% | 18.18% | 19.52% | 22.49% | 22.69% | 27.61% | 28.17% | 21.86% | 17.84% | 12.47% | 10.43% | 3.23% | 3.11% | -0.88% |
Flex Ltd's profitability ratios have shown fluctuations over the past few quarters.
- Operating return on assets (Operating ROA) has been relatively stable, ranging from 4.50% to 5.22%. This indicates that the company is generating operating income efficiently relative to its assets.
- Return on assets (ROA) has varied more significantly, ranging from 2.17% to 5.92%. This metric reflects the overall profitability of the company, and the fluctuations suggest changes in the company's ability to generate profits from its assets.
- Return on total capital has also fluctuated, with values ranging from 6.77% to 14.82%. This ratio measures the return generated from all sources of capital, including debt and equity, indicating the overall efficiency of capital utilization.
- Return on equity (ROE) has shown a similar pattern of fluctuations, ranging from 3.11% to 28.17%. ROE reflects the return generated for shareholders and indicates the company's ability to generate profits from shareholders' equity.
Overall, while the company's profitability ratios have shown variability, the trend seems to indicate a general ability to generate returns for both operational and capital investments, with some quarters performing better than others. Continued monitoring of these ratios is important to assess the company's financial health and performance.