All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2018-05-30.
From the record
Flex Ltd.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2018-05-30) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+1.8% a year over 10 filed years; profitable in 10 of 10.
From the record
Flex Ltd.'s 10 filed years say what it did: revenue went from $24 billion in fiscal 2017 to $28 billion in fiscal 2026, up 1.8% a year; it rose in 5 of 9 years; the deepest fall was 9% from fiscal 2023 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 6.5% a year. 77% of cash flow returned. Insiders: 156 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2026-03-31, Flex Ltd.'s diluted share count shrank about 6.5% a year, and dividends and buybacks returned about 77% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 156 sales (50 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-19 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 17%: 17¢ of profit per shareholder dollar. Leverage 77%: owes 77¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2026-03-31, Flex Ltd. earned about 17 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 77 cents per dollar of assets, and net share issuance: its share count shrank 5.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 37% of 12 in its family; net margin 3.2%.
From the record
Flex Ltd.'s standing among 12 graded names in its industry family: revenue of $28 billion in fiscal 2026 ranks in the top 12% by size; a net margin of 3.2% ranks in the top 37%; revenue growth of -0.7% a year over the last 3 filed years ranks in the bottom 38% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 47% of 9 in its family for leadership; chief executive since 2019.
From the record
Flex Ltd.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Advaithi, Revathi (Chief Executive Officer, as filed), filing under that title since 2019-02-14, 7.7 years (top 17% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 6.1 years (top 39%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
bottom 38% of 12 in its family for room to expand.
From the record
Flex Ltd.'s room to grow, from the newest filed statements (fiscal 2026): cash of $2.4 billion against debt of $3.8 billion leaves -6.2% of its assets as net cash, bottom 21% of its family; cash from operations less capital spending is 3.8% of revenue (top 37%); a gross margin of 9.2% (bottom 29%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 37% of 11 in its family for growth drivers.
From the record
Flex Ltd.'s growth drivers, from the filed years to fiscal 2026: revenue grew -0.7% a year over the last three filed years against 1.8% over all 10, slowing (top 41% of its family); the newest year grew 8.1% (top 50%); research spending grew 43.8% a year (top 6%); capital spending grew -0.1% a year (top 50%) (its annual reports). Flex Ltd. reported 2 lines of business in fiscal 2025: Flex Agility Solutions FAS at $14 billion, Flex Reliability Solutions FRS at $12 billion. 1 of 2 grew in the latest filed year, and the largest line is 55% of revenue (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 42% of 10 in its family for expectations against reality.
From the record
Flex Ltd.'s newest year against its own record: revenue of $28 billion in fiscal 2026 came in 13.6% above the $25 billion its prior three years' pace pointed to (top 25% of its family); net income of $880 million against a prior three-year average of $1.0 billion (bottom 25%); a net margin of 3.2% against 3.9% before (bottom 25%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made