FLEX LTD. Annual Operating Margin in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Flex Ltd. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Flex Ltd. Operating Margin for the quarter ending September 27, 2024 was 3.49 %, unchanged year-over-year.
  • Flex Ltd. annual Operating Margin for 2023 was 3.23 %, a 9.53% decline from 2022.
  • Flex Ltd. annual Operating Margin for 2022 was 3.57 %, a 1.11% decline from 2021.
  • Flex Ltd. annual Operating Margin for 2021 was 3.61 %, a 9.71% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.23 -0.34 -9.53% Apr 1, 2023 Mar 31, 2024
2022 3.57 -0.04 -1.11% Apr 1, 2022 Mar 31, 2023
2021 3.61 +0.32 +9.71% Apr 1, 2021 Mar 31, 2022
2020 3.3 +1.58 +92.2% Apr 1, 2020 Mar 31, 2021
2019 1.71 Apr 1, 2019 Mar 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.