71/100B72.600
USD
-5.50
(-7.04%)
Market Open
Last updated: · Delayed 15 min
Fair value114.93Plus-37%69Price 72.60161
Q3 FY2027 · Earnings report
EPS estimate 1.22Revenue estimate 9.08B
Q3 FY2027 · Earnings report
EPS estimate 1.22Revenue estimate 9.08B
Flex total debt 1993–2027What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Flex's total debt was 5.98B USD on 25 September 2026, up 39.4% on a year before. At the end of fiscal year 2026 it was 4.32B USD.
Last updated 12 Nov 2026 · Next report 27 Jan 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 25 Sept 2026 | 5.98B | +39.37% | 3.08B | -2.90B | 1.03 |
| FY2026 | 31 Mar 2026 | 4.32B | +4.05% | 2.39B | -1.93B | 0.84 |
| FY2025 | 31 Mar 2025 | 4.15B | +6.71% | 2.29B | -1.86B | 0.83 |
| FY2024 | 31 Mar 2024 | 3.89B | -7.41% | 2.47B | -1.41B | 0.73 |
| FY2023 | 31 Mar 2023 | 4.20B | -11.58% | 3.16B | -1.03B | 0.78 |
| FY2022 | 31 Mar 2022 | 4.75B | +9.28% | 2.96B | -1.78B | 1.15 |
| FY2021 | 31 Mar 2021 | 4.35B | +29.05% | 2.64B | -1.71B | 1.26 |
| FY2020 | 31 Mar 2020 | 3.37B | +10.23% | 1.92B | -1.44B | 1.19 |
| FY2019 | 31 Mar 2019 | 3.05B | +3.87% | 1.70B | -1.36B | 1.03 |
| FY2018 | 31 Mar 2018 | 2.94B | -0.39% | 1.47B | -1.47B | 0.97 |
| FY2017 | 31 Mar 2017 | 2.95B | +6.40% | 1.83B | -1.12B | 1.12 |
| FY2016 | 31 Mar 2016 | 2.77B | +33.97% | 1.61B | -1.17B | 1.08 |
| FY2015 | 31 Mar 2015 | 2.07B | -1.50% | 1.63B | -442.59M | 0.88 |
| FY2014 | 31 Mar 2014 | 2.10B | +1.69% | 1.59B | -508.87M | 0.97 |
| FY2013 | 31 Mar 2013 | 2.07B | -5.53% | 1.59B | -480.54M | 0.92 |
| FY2012 | 31 Mar 2012 | 2.19B | -1.43% | 1.52B | -670.34M | 0.96 |
| FY2011 | 31 Mar 2011 | 2.22B | -1.61% | 1.75B | -471.90M | 0.97 |
| FY2010 | 31 Mar 2010 | 2.26B | -23.29% | 1.93B | -329.25M | 1.14 |
| FY2009 | 31 Mar 2009 | 2.94B | -13.90% | 1.82B | -1.12B | 1.58 |
| FY2008 | 31 Mar 2008 | 3.42B | +127.46% | 1.72B | -1.70B | 0.42 |
| FY2007 | 31 Mar 2007 | 1.50B | -5.82% | 714.53M | -787.67M | 0.24 |
| FY2006 | 31 Mar 2006 | 1.60B | -8.55% | 942.86M | -652.22M | 0.30 |
| FY2005 | 31 Mar 2005 | 1.74B | +0.90% | 869.26M | -875.03M | 0.33 |
| FY2004 | 31 Mar 2004 | 1.73B | +55.75% | 615.28M | -1.11B | 0.40 |
| FY2003 | 31 Mar 2003 | 1.11B | -4.51% | 424.02M | -685.94M | 0.24 |
| FY2002 | 31 Mar 2002 | 1.16B | -6.49% | 745.12M | -417.20M | 0.26 |
| FY2001 | 31 Mar 2001 | 1.24B | +7.42% | 631.59M | -611.38M | 0.31 |
| FY2000 | 31 Mar 2000 | 1.16B | +266.81% | 747.05M | -410.03M | 0.49 |
| FY1999 | 31 Mar 1999 | 315.45M | +30.09% | 194.51M | -120.94M | 0.63 |
| FY1998 | 31 Mar 1998 | 242.47M | +46.14% | 89.39M | -153.08M | 1.13 |
| FY1997 | 31 Mar 1997 | 165.92M | +227.90% | 24.16M | -141.76M | 1.67 |
| FY1996 | 31 Mar 1996 | 50.60M | +295.31% | 6.50M | -44.10M | 0.69 |
| FY1995 | 31 Mar 1995 | 12.80M | +1.59% | 4.80M | -8.00M | 0.22 |
| FY1994 | 31 Mar 1994 | 12.60M | -56.40% | 29.10M | 16.50M | 0.24 |
| FY1993 | 31 Mar 1993 | 28.90M | — | 2.50M | -26.40M | 8.76 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q2 FY2027 | 25 Sept 2026 | 5.98B | +39.37% | 3.08B | -2.90B | 1.03 |
| Q1 FY2027 | 26 Jun 2026 | 5.93B | +39.07% | 2.84B | -3.09B | 1.08 |
| Q4 FY2026 | 31 Mar 2026 | 4.32B | +4.05% | 2.39B | -1.93B | 0.84 |
| Q3 FY2026 | 31 Dec 2025 | 5.60B | +34.83% | 3.06B | -2.54B | 1.09 |
| Q2 FY2026 | 26 Sept 2025 | 4.29B | +2.58% | 2.25B | -2.04B | 0.85 |
| Q1 FY2026 | 27 Jun 2025 | 4.26B | +15.93% | 2.24B | -2.03B | 0.84 |
| Q4 FY2025 | 31 Mar 2025 | 4.15B | +6.71% | 2.29B | -1.86B | 0.83 |
| Q3 FY2025 | 31 Dec 2024 | 4.15B | +5.54% | 2.31B | -1.84B | 0.83 |
| Q2 FY2025 | 27 Sept 2024 | 4.19B | +7.06% | 2.60B | -1.58B | 0.84 |
| Q1 FY2025 | 28 Jun 2024 | 3.68B | -10.49% | 2.24B | -1.44B | 0.74 |
| Q4 FY2024 | 31 Mar 2024 | 3.89B | -7.41% | 2.47B | -1.41B | 0.73 |
| Q3 FY2024 | 31 Dec 2023 | 3.94B | -12.82% | 2.76B | -1.17B | 0.66 |
| Q2 FY2024 | 29 Sept 2023 | 3.91B | -12.98% | 2.90B | -1.01B | 0.66 |
| Q1 FY2024 | 30 Jun 2023 | 4.11B | -10.58% | 2.66B | -1.45B | 0.76 |
| Q4 FY2023 | 31 Mar 2023 | 4.20B | -11.58% | 3.16B | -1.03B | 0.78 |
| Q3 FY2023 | 31 Dec 2022 | 4.52B | -9.54% | 2.57B | -1.95B | 1.00 |
| Q2 FY2023 | 30 Sept 2022 | 4.49B | +4.01% | 2.45B | -2.04B | 1.07 |
| Q1 FY2023 | 1 Jul 2022 | 4.60B | +3.06% | 2.65B | -1.95B | 1.12 |
| Q4 FY2022 | 31 Mar 2022 | 4.75B | +9.28% | 2.96B | -1.78B | 1.15 |
| Q3 FY2022 | 31 Dec 2021 | 4.99B | +11.38% | 2.57B | -2.42B | 1.37 |
| Q2 FY2022 | 1 Oct 2021 | 4.32B | -3.29% | 2.46B | -1.86B | 1.23 |
| Q1 FY2022 | 2 Jul 2021 | 4.46B | +5.13% | 2.69B | -1.77B | 1.27 |
| Q4 FY2021 | 31 Mar 2021 | 4.35B | +29.05% | 2.64B | -1.71B | 1.26 |
| Q3 FY2021 | 31 Dec 2020 | 4.48B | +34.57% | 2.61B | -1.87B | 1.33 |
| Q2 FY2021 | 25 Sept 2020 | 4.47B | +27.51% | 2.36B | -2.11B | 1.43 |
| Q1 FY2021 | 26 Jun 2020 | 4.24B | +11.82% | 1.94B | -2.31B | 1.44 |
| Q4 FY2020 | 31 Mar 2020 | 3.37B | +10.23% | 1.92B | -1.44B | 1.19 |
| Q3 FY2020 | 31 Dec 2019 | 3.33B | +12.90% | 1.79B | -1.54B | 1.15 |
| Q2 FY2020 | 27 Sept 2019 | 3.50B | +19.73% | 1.82B | -1.69B | 1.25 |
| Q1 FY2020 | 28 Jun 2019 | 3.79B | +29.89% | 1.92B | -1.87B | 1.26 |
| Q4 FY2019 | 31 Mar 2019 | 3.05B | +3.87% | 1.70B | -1.36B | 1.03 |
| Q3 FY2019 | 31 Dec 2018 | 2.95B | +0.16% | 1.50B | -1.45B | 0.96 |
| Q2 FY2019 | 28 Sept 2018 | 2.93B | -1.05% | 1.38B | -1.55B | 0.92 |
| Q1 FY2019 | 29 Jun 2018 | 2.92B | -1.50% | 1.25B | -1.67B | 0.94 |
| Q4 FY2018 | 31 Mar 2018 | 2.94B | -0.39% | 1.47B | -1.47B | 0.97 |
| Q3 FY2018 | 31 Dec 2017 | 2.94B | +2.71% | 1.29B | -1.65B | 0.99 |
| Q2 FY2018 | 29 Sept 2017 | 2.96B | +7.73% | 1.37B | -1.59B | 1.03 |
| Q1 FY2018 | 30 Jun 2017 | 2.96B | +7.46% | 1.58B | -1.38B | 1.09 |
| Q4 FY2017 | 31 Mar 2017 | 2.95B | +6.40% | 1.83B | -1.12B | 1.12 |
| Q3 FY2017 | 31 Dec 2016 | 2.87B | +2.13% | 1.86B | -1.01B | 1.10 |
| Q2 FY2017 | 30 Sept 2016 | 2.74B | +2.92% | 1.54B | -1.21B | 1.07 |
| Q1 FY2017 | 1 Jul 2016 | 2.76B | +3.05% | 1.68B | -1.08B | 1.05 |
| Q4 FY2016 | 31 Mar 2016 | 2.77B | +33.97% | 1.61B | -1.17B | 1.08 |
| Q3 FY2016 | 31 Dec 2015 | 2.81B | +34.26% | 1.63B | -1.17B | 1.10 |
| Q2 FY2016 | 25 Sept 2015 | 2.67B | +26.45% | 1.67B | -997.72M | 1.10 |
| Q1 FY2016 | 26 Jun 2015 | 2.68B | +25.73% | 2.33B | -345.65M | 1.09 |
| Q4 FY2015 | 31 Mar 2015 | 2.07B | -1.50% | 1.63B | -442.59M | 0.88 |
| Q3 FY2015 | 31 Dec 2014 | 2.09B | +1.71% | 1.71B | -383.52M | 0.89 |
| Q2 FY2015 | 26 Sept 2014 | 2.11B | +2.50% | 1.51B | -594.15M | 0.91 |
| Q1 FY2015 | 27 Jun 2014 | 2.13B | +3.34% | 1.35B | -781.50M | 0.94 |
| Q4 FY2014 | 31 Mar 2014 | 2.10B | +1.69% | 1.59B | -508.87M | 0.97 |
| Q3 FY2014 | 31 Dec 2013 | 2.06B | -1.62% | 1.62B | -438.40M | 0.93 |
| Q2 FY2014 | 30 Sept 2013 | 2.06B | -1.84% | 1.13B | -930.07M | 0.97 |
| Q1 FY2014 | 28 Jun 2013 | 2.06B | -6.21% | 1.28B | -780.82M | 0.99 |
| Q4 FY2013 | 31 Mar 2013 | 2.07B | -5.53% | 1.59B | -480.54M | 0.92 |
| Q3 FY2013 | 31 Dec 2012 | 2.09B | -4.98% | 1.71B | -383.44M | 0.87 |
| Q2 FY2013 | 28 Sept 2012 | 2.10B | -5.12% | 1.56B | -534.14M | 0.85 |
| Q1 FY2013 | 29 Jun 2012 | 2.20B | -0.76% | 1.29B | -911.78M | 0.98 |
| Q4 FY2012 | 31 Mar 2012 | 2.19B | -1.43% | 1.52B | -670.34M | 0.96 |
| Q3 FY2012 | 31 Dec 2011 | 2.20B | -1.42% | 1.55B | -653.20M | 0.99 |
| Q2 FY2012 | 30 Sept 2011 | 2.21B | -1.06% | 1.60B | -613.19M | 1.00 |
| Q1 FY2012 | 1 Jul 2011 | 2.21B | -7.52% | 1.56B | -655.94M | 0.99 |
| Q4 FY2011 | 31 Mar 2011 | 2.22B | -1.61% | 1.75B | -471.90M | 0.97 |
| Q3 FY2011 | 31 Dec 2010 | 2.23B | -12.55% | 1.60B | -632.47M | 1.03 |
| Q2 FY2011 | 1 Oct 2010 | 2.23B | -12.55% | 1.79B | -444.41M | 1.11 |
| Q1 FY2011 | 2 Jul 2010 | 2.39B | -12.85% | 1.73B | -663.25M | 1.21 |
| Q4 FY2010 | 31 Mar 2010 | 2.26B | -23.29% | 1.93B | -329.25M | 1.14 |
| Q3 FY2010 | 31 Dec 2009 | 2.55B | -19.61% | 2.24B | -308.79M | 1.34 |
| Q2 FY2010 | 2 Oct 2009 | 2.55B | -25.85% | 1.97B | -586.38M | 1.42 |
| Q1 FY2010 | 3 Jul 2009 | 2.75B | -26.53% | 1.68B | -1.07B | 1.57 |
| Q4 FY2009 | 31 Mar 2009 | 2.94B | -13.90% | 1.82B | -1.12B | 1.58 |
| Q3 FY2009 | 31 Dec 2008 | 3.17B | +2.51% | 1.80B | -1.38B | 1.55 |
| Q2 FY2009 | 26 Sept 2008 | 3.44B | +129.46% | 1.70B | -1.74B | 0.42 |
| Q1 FY2009 | 27 Jun 2008 | 3.74B | +151.10% | 1.76B | -1.98B | 0.45 |
| Q4 FY2008 | 31 Mar 2008 | 3.42B | +127.46% | 1.72B | -1.70B | 0.42 |
| Q3 FY2008 | 31 Dec 2007 | 3.10B | +106.26% | 1.80B | -1.29B | 0.38 |
| Q2 FY2008 | 28 Sept 2007 | 1.50B | -13.80% | 1.01B | -494.80M | 0.23 |
| Q1 FY2008 | 29 Jun 2007 | 1.49B | -17.60% | 769.95M | -719.07M | 0.24 |
| Q4 FY2007 | 31 Mar 2007 | 1.50B | -5.82% | 714.53M | -787.67M | 0.24 |
| Q3 FY2007 | 31 Dec 2006 | 1.50B | -0.68% | 909.20M | -591.53M | 0.25 |
| Q2 FY2007 | 30 Sept 2006 | 1.74B | +9.49% | 1.04B | -700.93M | 0.31 |
| Q1 FY2007 | 30 Jun 2006 | 1.81B | +7.68% | 885.71M | -921.44M | 0.33 |
| Q4 FY2006 | 31 Mar 2006 | 1.60B | -8.55% | 942.86M | -652.22M | 0.30 |
| Q3 FY2006 | 31 Dec 2005 | 1.51B | -22.35% | 1.08B | -427.38M | 0.28 |
| Q2 FY2006 | 30 Sept 2005 | 1.59B | -12.71% | 1.15B | -439.30M | 0.30 |
| Q1 FY2006 | 1 Jul 2005 | 1.68B | -16.22% | 830.21M | -848.05M | 0.32 |
| Q4 FY2005 | 31 Mar 2005 | 1.74B | +0.90% | 869.26M | -875.03M | 0.33 |
| Q3 FY2005 | 31 Dec 2004 | 1.95B | +29.78% | 1.09B | -859.74M | 0.38 |
| Q2 FY2005 | 30 Sept 2004 | 1.82B | +24.77% | 694.55M | -1.13B | 0.37 |
| Q1 FY2005 | 30 Jun 2004 | 2.00B | +37.29% | 664.62M | -1.34B | 0.45 |
| Q4 FY2004 | 31 Mar 2004 | 1.73B | +55.75% | 615.28M | -1.11B | 0.40 |
| Q3 FY2004 | 31 Dec 2003 | 1.50B | +34.34% | 830.21M | -669.34M | 0.34 |
| Q2 FY2004 | 30 Sept 2003 | 1.46B | +26.37% | 699.51M | -760.13M | 0.34 |
| Q1 FY2004 | 30 Jun 2003 | 1.46B | +39.33% | 859.75M | -599.25M | 0.34 |
| Q4 FY2003 | 31 Mar 2003 | 1.11B | -4.51% | 424.02M | -685.94M | 0.24 |
| Q3 FY2003 | 31 Dec 2002 | 1.12B | -24.25% | 613.64M | -502.57M | 0.25 |
| Q2 FY2003 | 30 Sept 2002 | 1.16B | -14.12% | 499.24M | -655.76M | 0.26 |
| Q1 FY2003 | 30 Jun 2002 | 1.05B | -17.40% | 827.00M | -220.12M | 0.24 |
| Q4 FY2002 | 31 Mar 2002 | 1.16B | -6.49% | 745.12M | -417.20M | 0.26 |
| Q3 FY2002 | 31 Dec 2001 | 1.47B | -10.61% | 448.96M | -1.02B | 0.37 |
| Q2 FY2002 | 30 Sept 2001 | 1.34B | -4.42% | 400.29M | -944.58M | 0.35 |
| Q1 FY2002 | 30 Jun 2001 | 1.27B | +18.51% | 543.30M | -724.38M | 0.31 |
| Q4 FY2001 | 31 Mar 2001 | 1.24B | +7.42% | 631.59M | -611.38M | 0.31 |
| Q3 FY2001 | 31 Dec 2000 | 1.65B | +301.38% | 398.37M | -1.25B | 0.57 |
| Q2 FY2001 | 30 Sept 2000 | 1.41B | +240.05% | 540.83M | -866.23M | 0.51 |
| Q1 FY2001 | 30 Jun 2000 | 1.07B | +264.14% | 769.48M | -300.19M | 0.43 |
| Q4 FY2000 | 31 Mar 2000 | 1.16B | +266.81% | 747.05M | -410.03M | 0.49 |
| Q3 FY2000 | 31 Dec 1999 | 410.66M | +67.65% | 472.38M | 61.72M | 0.38 |
| Q2 FY2000 | 24 Sept 1999 | 413.78M | +53.54% | 96.58M | -317.19M | 0.77 |
| Q1 FY2000 | 25 Jun 1999 | 293.75M | +19.14% | 134.57M | -159.18M | 0.61 |
| Q4 FY1999 | 31 Mar 1999 | 315.45M | +30.09% | 194.51M | -120.94M | 0.63 |
| Q3 FY1999 | 31 Dec 1998 | 244.95M | +18.77% | 201.12M | -43.83M | 0.53 |
| Q2 FY1999 | 25 Sept 1998 | 269.49M | +58.74% | 23.92M | -245.57M | 1.09 |
| Q1 FY1999 | 26 Jun 1998 | 246.57M | +47.77% | 51.17M | -195.40M | 1.08 |
| Q4 FY1998 | 31 Mar 1998 | 242.47M | +46.14% | 89.39M | -153.08M | 1.13 |
| Q3 FY1998 | 31 Dec 1997 | 206.24M | +259.98% | 73.33M | -132.91M | 0.99 |
| Q2 FY1998 | 30 Sept 1997 | 169.77M | +153.39% | 17.83M | -151.95M | 1.76 |
| Q1 FY1998 | 30 Jun 1997 | 166.86M | +140.39% | 33.09M | -133.76M | 1.88 |
| Q4 FY1997 | 31 Mar 1997 | 165.92M | +227.90% | 24.16M | -141.76M | 1.67 |
| Q3 FY1997 | 31 Dec 1996 | 57.29M | +96.21% | 13.58M | -43.72M | 0.69 |
| Q2 FY1997 | 30 Sept 1996 | 67.00M | +329.48% | 14.23M | -52.77M | 0.82 |
| Q1 FY1997 | 30 Jun 1996 | 69.41M | +204.43% | 8.76M | -60.65M | 0.91 |
| Q4 FY1996 | 31 Mar 1996 | 50.60M | +295.31% | 6.50M | -44.10M | 0.69 |
| Q3 FY1996 | 31 Dec 1995 | 29.20M | +548.89% | 8.40M | -20.80M | 0.31 |
| Q2 FY1996 | 30 Sept 1995 | 15.60M | +164.41% | 3.90M | -11.70M | 0.18 |
| Q1 FY1996 | 30 Jun 1995 | 22.80M | +936.36% | 7.50M | -15.30M | 0.37 |
| Q4 FY1995 | 31 Mar 1995 | 12.80M | +1.59% | 4.80M | -8.00M | 0.22 |
| Q3 FY1995 | 31 Dec 1994 | 4.50M | — | 6.40M | 1.90M | 0.07 |
| Q2 FY1995 | 30 Sept 1994 | 5.90M | — | 4.30M | -1.60M | 0.10 |
| Q1 FY1995 | 30 Jun 1994 | 2.20M | — | 4.60M | 2.40M | 0.04 |
| Q4 FY1994 | 31 Mar 1994 | 12.60M | -56.40% | 29.10M | 16.50M | 0.24 |
| Q4 FY1993 | 31 Mar 1993 | 28.90M | — | 2.50M | -26.40M | 8.76 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Flex's debt
Source: Financial Modeling Prep