Flex Ltd (FLEX) — Financial Flexibility Index
Flex Ltd (FLEX) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $615.00 Million (operating CF $413.00 Million minus capex $202.00 Million) represents 0% of total liabilities ($16.92 Billion). Check FLEX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Flex Ltd Financial Flexibility Index (1993–2026)
Historical Financial Flexibility Index trend for Flex Ltd across 34 annual periods. For the full cash flow conversion analysis, see Flex Ltd cash conversion from operations.
Annual Financial Flexibility Index for Flex Ltd (1993–2026)
Year-by-year free cash flow to debt coverage for Flex Ltd. Explore FLEX debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.14x | $2.32 Billion | $1.69 Billion | $16.92 Billion | ▼ -5.6% |
| 2025 | 0.15x | $1.94 Billion | $1.50 Billion | $13.38 Billion | ▲ +1.2% |
| 2024 | 0.14x | $1.86 Billion | $1.33 Billion | $12.93 Billion | ▲ +42.2% |
| 2023 | 0.10x | $1.58 Billion | $950.00 Million | $15.70 Billion | ▲ +4.0% |
| 2022 | 0.10x | $1.47 Billion | $1.02 Billion | $15.12 Billion | ▲ +143.1% |
| 2021 | 0.04x | $495.00 Million | $144.00 Million | $12.40 Billion | ▲ +140.5% |
| 2020 | -0.10x | $-1.07 Billion | $-1.53 Billion | $10.86 Billion | ▲ +53.8% |
| 2019 | -0.21x | $-2.25 Billion | $-2.97 Billion | $10.53 Billion | ▼ -273.4% |
| 2018 | 0.12x | $1.32 Billion | $753.60 Million | $10.70 Billion | ▼ -27.2% |
| 2017 | 0.17x | $1.68 Billion | $1.15 Billion | $9.92 Billion | ▲ +0.3% |
| 2016 | 0.17x | $1.65 Billion | $1.14 Billion | $9.78 Billion | ▲ +37.2% |
| 2015 | 0.12x | $1.14 Billion | $794.03 Million | $9.30 Billion | ▼ -30.8% |
| 2014 | 0.18x | $1.83 Billion | $1.22 Billion | $10.30 Billion | ▼ -7.8% |
| 2013 | 0.19x | $1.60 Billion | $1.12 Billion | $8.34 Billion | ▲ +35.5% |
| 2012 | 0.14x | $1.24 Billion | $804.27 Million | $8.75 Billion | ▼ -0.2% |
| 2011 | 0.14x | $1.33 Billion | $857.34 Million | $9.34 Billion | ▲ +26.2% |
| 2010 | 0.11x | $975.38 Million | $798.92 Million | $8.66 Billion | ▼ -39.9% |
| 2009 | 0.19x | $1.78 Billion | $1.32 Billion | $9.48 Billion | ▲ +55.5% |
| 2008 | 0.12x | $1.37 Billion | $1.04 Billion | $11.36 Billion | ▼ -12.1% |
| 2007 | 0.14x | $845.80 Million | $276.38 Million | $6.16 Billion | ▼ -4.0% |
| 2006 | 0.14x | $800.53 Million | $549.36 Million | $5.60 Billion | ▼ -18.5% |
| 2005 | 0.18x | $1.01 Billion | $724.26 Million | $5.78 Billion | ▲ +147.7% |
| 2004 | 0.07x | $369.16 Million | $187.70 Million | $5.22 Billion | ▼ -66.6% |
| 2003 | 0.21x | $816.10 Million | $607.78 Million | $3.85 Billion | ▼ -25.4% |
| 2002 | 0.28x | $1.19 Billion | $858.91 Million | $4.19 Billion | ▲ +316.3% |
| 2001 | 0.07x | $241.50 Million | $-469.73 Million | $3.54 Billion | ▼ -53.0% |
| 2000 | 0.14x | $216.10 Million | $-34.36 Million | $1.49 Billion | ▼ -57.6% |
| 1999 | 0.34x | $213.24 Million | $65.38 Million | $624.11 Million | ▲ +31.9% |
| 1998 | 0.26x | $136.90 Million | $38.29 Million | $528.32 Million | ▲ +21.7% |
| 1997 | 0.21x | $73.65 Million | $46.67 Million | $345.81 Million | ▲ +67.7% |
| 1996 | 0.13x | $18.20 Million | $2.40 Million | $143.30 Million | ▲ +80.9% |
| 1995 | 0.07x | $4.10 Million | $-3.40 Million | $58.40 Million | ▼ -70.5% |
| 1994 | 0.24x | $11.40 Million | $6.40 Million | $47.90 Million | ▲ +441.4% |
| 1993 | 0.04x | $2.00 Million | $100.00K | $45.50 Million | — |