Flex annual debt-to-equity ratio
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Flex Debt-to-Equity Ratio Growth & History (FLEX)
Flex's debt-to-equity ratio was 0.87 for fiscal 2026.
View full Flex company overviewFlex annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.87 | 0.01 | +1.37% |
| 2025 | 2025-03-31 | 0.86 | 0.13 | +17.30% |
| 2024 | 2024-03-31 | 0.73 | −0.08 | −9.63% |
| 2023 | 2023-03-31 | 0.81 | −0.37 | −31.66% |
| 2022 | 2022-03-31 | 1.18 | −0.12 | −9.21% |
| 2021 | 2021-03-31 | 1.30 | 0.07 | +5.87% |
| 2020 | 2020-03-31 | 1.23 | 0.20 | +19.65% |
| 2019 | 2019-03-31 | 1.03 | 0.05 | +5.49% |
| 2018 | 2018-03-31 | 0.97 | −0.15 | −13.29% |
| 2017 | 2017-03-31 | 1.12 | 0.03 | +3.18% |
| 2016 | 2016-03-31 | 1.09 | 0.21 | +23.82% |
| 2015 | 2015-03-31 | 0.88 | −0.10 | −9.90% |
| 2014 | 2014-03-31 | 0.98 | 0.05 | +5.61% |
| 2013 | 2013-03-31 | 0.92 | −0.04 | −4.05% |
| 2012 | 2012-03-31 | 0.96 | −0.00 | −0.45% |
| 2011 | 2011-03-31 | 0.97 | −0.17 | −14.85% |
| 2010 | 2010-03-31 | 1.14 | −0.33 | −22.62% |
| 2009 | 2009-03-31 | 1.47 | — | — |
Flex quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-26 | 1.08 | 0.24 | +28.68% |
| Q4 2026 | 2026-03-31 | 0.87 | 0.01 | +1.37% |
| Q3 2026 | 2025-12-31 | 0.98 | 0.15 | +17.76% |
| Q2 2026 | 2025-09-26 | 0.85 | 0.02 | +1.93% |
| Q1 2026 | 2025-06-27 | 0.84 | 0.10 | +13.81% |
| Q4 2025 | 2025-03-31 | 0.86 | 0.13 | +17.30% |
| Q3 2025 | 2024-12-31 | 0.83 | 0.17 | +26.11% |
| Q2 2025 | 2024-09-27 | 0.84 | 0.17 | +26.38% |
| Q1 2025 | 2024-06-28 | 0.74 | −0.02 | −3.14% |
| Q4 2024 | 2024-03-31 | 0.73 | −0.08 | −9.63% |
| Q3 2024 | 2023-12-31 | 0.66 | −0.34 | −34.16% |
| Q2 2024 | 2023-09-29 | 0.66 | −0.41 | −38.41% |
| Q1 2024 | 2023-06-30 | 0.76 | −0.36 | −32.33% |
| Q4 2023 | 2023-03-31 | 0.81 | −0.37 | −31.66% |
| Q3 2023 | 2022-12-31 | 1.00 | −0.36 | −26.61% |
| Q2 2023 | 2022-09-30 | 1.07 | −0.15 | −12.57% |
| Q1 2023 | 2022-07-01 | 1.12 | −0.15 | −11.63% |
| Q4 2022 | 2022-03-31 | 1.18 | −0.12 | −9.21% |
| Q3 2022 | 2021-12-31 | 1.37 | 0.04 | +3.03% |
| Q2 2022 | 2021-10-01 | 1.23 | −0.20 | −14.27% |
| Q1 2022 | 2021-07-02 | 1.27 | −0.17 | −11.89% |
| Q4 2021 | 2021-03-31 | 1.30 | 0.07 | +5.87% |
| Q3 2021 | 2020-12-31 | 1.33 | 0.13 | +11.34% |
| Q2 2021 | 2020-09-25 | 1.43 | 0.14 | +11.07% |
| Q1 2021 | 2020-06-26 | 1.44 | 0.13 | +10.25% |
| Q4 2020 | 2020-03-31 | 1.23 | 0.20 | +19.65% |
| Q3 2020 | 2019-12-31 | 1.19 | 0.23 | +24.24% |
| Q2 2020 | 2019-09-27 | 1.29 | 0.37 | +39.86% |
| Q1 2020 | 2019-06-28 | 1.31 | 0.37 | +39.33% |
| Q4 2019 | 2019-03-31 | 1.03 | 0.05 | +5.49% |
| Q3 2019 | 2018-12-31 | 0.96 | −0.03 | −3.04% |
| Q2 2019 | 2018-09-28 | 0.92 | −0.11 | −10.33% |
| Q1 2019 | 2018-06-29 | 0.94 | −0.15 | −13.77% |
| Q4 2018 | 2018-03-31 | 0.97 | −0.15 | −13.29% |
| Q3 2018 | 2017-12-31 | 0.99 | −0.11 | −10.39% |
| Q2 2018 | 2017-09-29 | 1.03 | −0.04 | −3.92% |
| Q1 2018 | 2017-06-30 | 1.09 | 0.04 | +3.56% |
| Q4 2017 | 2017-03-31 | 1.12 | 0.03 | +3.18% |
| Q3 2017 | 2016-12-31 | 1.10 | −0.00 | −0.09% |
| Q2 2017 | 2016-09-30 | 1.07 | −0.03 | −2.77% |
| Q1 2017 | 2016-07-01 | 1.05 | −0.04 | −3.70% |
| Q4 2016 | 2016-03-31 | 1.09 | 0.21 | +23.82% |
| Q3 2016 | 2015-12-31 | 1.10 | 0.21 | +24.11% |
| Q2 2016 | 2015-09-25 | 1.10 | 0.19 | +20.41% |
| Q1 2016 | 2015-06-26 | 1.09 | 0.15 | +16.02% |
| Q4 2015 | 2015-03-31 | 0.88 | −0.10 | −9.90% |
| Q3 2015 | 2014-12-31 | 0.89 | −0.04 | −3.93% |
| Q2 2015 | 2014-09-26 | 0.91 | −0.06 | −5.78% |
| Q1 2015 | 2014-06-27 | 0.94 | −0.05 | −4.59% |
| Q4 2014 | 2014-03-31 | 0.98 | 0.05 | +5.61% |
| Q3 2014 | 2013-12-31 | 0.93 | 0.06 | +6.78% |
| Q2 2014 | 2013-09-27 | 0.97 | 0.12 | +14.05% |
| Q1 2014 | 2013-06-28 | 0.99 | 0.03 | +3.17% |
| Q4 2013 | 2013-03-31 | 0.92 | −0.04 | −4.05% |
| Q3 2013 | 2012-12-31 | 0.87 | −0.11 | −10.83% |
| Q2 2013 | 2012-09-28 | 0.85 | −0.13 | −13.51% |
| Q1 2013 | 2012-06-29 | 0.96 | 0.05 | +5.13% |
| Q4 2012 | 2012-03-31 | 0.96 | −0.00 | −0.45% |
| Q3 2012 | 2011-12-31 | 0.97 | −0.06 | −5.53% |
| Q2 2012 | 2011-09-30 | 0.98 | −0.12 | −10.94% |
| Q1 2012 | 2011-07-01 | 0.91 | −0.30 | −25.07% |
| Q4 2011 | 2011-03-31 | 0.97 | −0.17 | −14.85% |
| Q3 2011 | 2010-12-31 | 1.03 | −0.18 | −14.70% |
| Q2 2011 | 2010-10-01 | 1.11 | −0.17 | −13.44% |
| Q1 2011 | 2010-07-02 | 1.21 | −0.24 | −16.37% |
| Q4 2010 | 2010-03-31 | 1.14 | −0.33 | −22.62% |
| Q3 2010 | 2009-12-31 | 1.21 | — | — |
| Q2 2010 | 2009-10-02 | 1.28 | — | — |
| Q1 2010 | 2009-07-03 | 1.45 | — | — |
| Q4 2009 | 2009-03-31 | 1.47 | — | — |
Flex debt-to-equity ratio trends
Over the last five fiscal years, Flex's debt-to-equity ratio decreased from 1.30 to 0.87, a change of −0.43. The latest reported quarter, Q1 2027, shows 1.08.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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