Flex Ltd (FLEX) — Capital Reinvestment Ratio
Flex Ltd (FLEX) has a Capital Reinvestment Ratio of 0.49x as of March 2026, meaning it reinvests 0% of its operating cash flow ($413.00 Million) in capital expenditures ($202.00 Million). Check FLEX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Flex Ltd Capital Reinvestment Ratio (1993–2026)
This chart tracks Flex Ltd's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see FLEX cash generation efficiency.
Annual Capital Reinvestment Ratio for Flex Ltd (1993–2026)
Year-by-year Capital Reinvestment Ratio for Flex Ltd from 1993 to 2026. See how much free cash does Flex Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.38x | $1.69 Billion | $633.00 Million | ▲ +29.1% |
| 2025 | 0.29x | $1.50 Billion | $438.00 Million | ▼ -27.2% |
| 2024 | 0.40x | $1.33 Billion | $530.00 Million | ▼ -40.2% |
| 2023 | 0.67x | $950.00 Million | $635.00 Million | ▲ +54.5% |
| 2022 | 0.43x | $1.02 Billion | $443.00 Million | ▼ -82.3% |
| 2021 | 2.44x | $144.00 Million | $351.00 Million | ▲ +226.9% |
| 2018 | 0.75x | $753.60 Million | $562.00 Million | ▲ +63.3% |
| 2017 | 0.46x | $1.15 Billion | $525.11 Million | ▲ +1.6% |
| 2016 | 0.45x | $1.14 Billion | $510.63 Million | ▲ +2.7% |
| 2015 | 0.44x | $794.03 Million | $347.41 Million | ▼ -12.7% |
| 2014 | 0.50x | $1.22 Billion | $609.64 Million | ▲ +14.3% |
| 2013 | 0.44x | $1.12 Billion | $488.99 Million | ▼ -19.4% |
| 2012 | 0.54x | $804.27 Million | $437.19 Million | ▼ -1.0% |
| 2011 | 0.55x | $857.34 Million | $470.70 Million | ▲ +148.6% |
| 2010 | 0.22x | $798.92 Million | $176.46 Million | ▼ -37.1% |
| 2009 | 0.35x | $1.32 Billion | $462.08 Million | ▲ +11.7% |
| 2008 | 0.31x | $1.04 Billion | $327.55 Million | ▼ -84.8% |
| 2007 | 2.06x | $276.38 Million | $569.42 Million | ▲ +350.6% |
| 2006 | 0.46x | $549.36 Million | $251.17 Million | ▲ +14.3% |
| 2005 | 0.40x | $724.26 Million | $289.68 Million | ▼ -58.6% |
| 2004 | 0.97x | $187.70 Million | $181.46 Million | ▲ +182.1% |
| 2003 | 0.34x | $607.78 Million | $208.31 Million | ▼ -10.9% |
| 2002 | 0.38x | $858.91 Million | $330.39 Million | ▼ -83.0% |
| 1999 | 2.26x | $65.38 Million | $147.87 Million | ▼ -12.2% |
| 1998 | 2.58x | $38.29 Million | $98.62 Million | ▲ +345.5% |
| 1997 | 0.58x | $46.67 Million | $26.98 Million | ▼ -91.2% |
| 1996 | 6.58x | $2.40 Million | $15.80 Million | ▲ +742.7% |
| 1994 | 0.78x | $6.40 Million | $5.00 Million | ▼ -95.9% |
| 1993 | 19.00x | $100.00K | $1.90 Million | — |