Flex Ltd (FLEX)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 838,000 | 1,006,000 | 793,000 | 936,000 | 613,000 |
| Total assets | US$ in thousands | 18,381,000 | 18,257,000 | 21,407,000 | 19,325,000 | 15,836,000 |
| ROA | 4.56% | 5.51% | 3.70% | 4.84% | 3.87% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $838,000K ÷ $18,381,000K
= 4.56%
Flex Ltd's return on assets (ROA) has demonstrated fluctuations over the past five years, with values ranging from 3.70% to 5.51%. The trend shows a general improvement in ROA performance from 3.87% on March 31, 2021, to a peak of 5.51% on March 31, 2024. This signifies that the company is becoming more efficient in generating profits relative to its total assets. However, there was a slight decrease in ROA to 4.56% on March 31, 2025, indicating a potential dip in asset utilization efficiency. Overall, the ROA metric suggests that Flex Ltd has been able to effectively utilize its assets to generate profits, although ongoing monitoring and analysis would be beneficial to understand the factors influencing these fluctuations further.
Peer comparison
Mar 31, 2025