Flex Ltd (FLEX)

Return on assets (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
Net income (ttm)	US$ in thousands	838,000	1,011,000	945,000	959,000	1,006,000	753,000	786,000	790,000	793,000	819,000	816,000	920,000	937,000	1,009,000	990,000	767,000	612,820	421,079	324,467	94,527
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
ROA		4.56%	5.53%	5.08%	5.41%	5.51%	3.70%	3.75%	3.77%	3.71%	3.92%	3.96%	4.59%	4.85%	5.55%	5.92%	4.74%	3.87%	2.69%	2.16%	0.67%

March 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $838,000K ÷ $18,381,000K
= 4.56%

Flex Ltd's return on assets (ROA) has shown fluctuating trends over the periods provided in the data. From June 30, 2020, to March 31, 2024, the ROA generally increased from 0.67% to a peak of 5.53% on December 31, 2024, indicating an improvement in the company's ability to generate profits relative to its total assets.

However, in the subsequent periods from March 31, 2024, to March 31, 2025, there was a slight decline in ROA to 4.56%. Despite this decrease, the company's ROA remained relatively high compared to the initial periods examined.

Overall, Flex Ltd's ROA demonstrates a positive trend, with some variations, suggesting that the company has been effectively utilizing its assets to generate profits over the analyzed period. The management should continue to monitor and optimize asset efficiency to sustain or improve the ROA in the future.