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). Explore FLEX capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

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. For the full cash flow conversion analysis, see FLEX operating cash flow.

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

Year-by-year Free Cash Flow Generation Index for Flex Ltd. Check FLEX cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

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).