Flex Ltd (FLEX) — Free Cash Flow Generation Index

Latest as of March 2026: 0.51x

Flex Ltd (FLEX) has a Free Cash Flow Generation Index of 0.51x as of March 2026. Free cash flow of $211.00 Million represents 1% of operating cash flow ($413.00 Million). See working capital position of Flex Ltd to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.51x
Free Cash Flow / Operating CF

Free Cash Flow

$211.00 Million
USD

Operating Cash Flow

$413.00 Million
USD

Capital Expenditures

$202.00 Million
USD

Flex Ltd Free Cash Flow Generation Index (1993–2026)

Historical FCF Generation Index trend for Flex Ltd across 29 annual periods. Explore cash flow to debt ratio of Flex Ltd to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Flex Ltd (1993–2026)

Year-by-year Free Cash Flow Generation Index for Flex Ltd. For the full company profile including market capitalisation, see Flex Ltd market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2026 0.62x $1.05 Billion $1.69 Billion $633.00 Million ▼ -11.9%
2025 0.71x $1.07 Billion $1.50 Billion $438.00 Million ▲ +18.1%
2024 0.60x $796.00 Million $1.33 Billion $530.00 Million ▲ +81.0%
2023 0.33x $315.00 Million $950.00 Million $635.00 Million ▼ -41.6%
2022 0.57x $581.00 Million $1.02 Billion $443.00 Million ▲ +139.5%
2021 -1.44x $-207.00 Million $144.00 Million $351.00 Million ▼ -665.4%
2018 0.25x $191.60 Million $753.60 Million $562.00 Million ▼ -53.2%
2017 0.54x $624.80 Million $1.15 Billion $525.11 Million ▼ -1.3%
2016 0.55x $625.81 Million $1.14 Billion $510.63 Million ▼ -2.1%
2015 0.56x $446.62 Million $794.03 Million $347.41 Million ▲ +12.8%
2014 0.50x $606.82 Million $1.22 Billion $609.64 Million ▼ -11.2%
2013 0.56x $626.44 Million $1.12 Billion $488.99 Million ▲ +23.0%
2012 0.46x $367.08 Million $804.27 Million $437.19 Million ▲ +1.2%
2011 0.45x $386.64 Million $857.34 Million $470.70 Million ▼ -42.1%
2010 0.78x $622.45 Million $798.92 Million $176.46 Million ▲ +20.0%
2009 0.65x $854.70 Million $1.32 Billion $462.08 Million ▼ -5.4%
2008 0.69x $715.29 Million $1.04 Billion $327.55 Million ▲ +164.7%
2007 -1.06x $-293.05 Million $276.38 Million $569.42 Million ▼ -295.3%
2006 0.54x $298.18 Million $549.36 Million $251.17 Million ▼ -9.5%
2005 0.60x $434.58 Million $724.26 Million $289.68 Million ▲ +1705.8%
2004 0.03x $6.24 Million $187.70 Million $181.46 Million ▼ -94.9%
2003 0.66x $399.47 Million $607.78 Million $208.31 Million ▲ +6.8%
2002 0.62x $528.52 Million $858.91 Million $330.39 Million ▲ +148.8%
1999 -1.26x $-82.49 Million $65.38 Million $147.87 Million ▲ +19.9%
1998 -1.58x $-60.33 Million $38.29 Million $98.62 Million ▼ -473.6%
1997 0.42x $19.68 Million $46.67 Million $26.98 Million ▲ +106.1%
1996 -6.88x $-16.50 Million $2.40 Million $15.80 Million ▼ -3242.9%
1994 0.22x $1.40 Million $6.40 Million $5.00 Million ▲ +101.2%
1993 -18.00x $-1.80 Million $100.00K $1.90 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).