Flex price to free cash flow FLEX

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 34.2×
10-year median: 19.5×
Against its 10-year history: 74th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.6× to 428×
Peer median: 34.8×

Flex's price to free cash flow is 34.2× as of Oct 23, 2026.

That is above its ten-year median of 19.5×, higher than on 74% of days in the last ten years.

Over that time it ranged from 7.6× in Apr 2025 to 428× in Mar 2018.

The median for 10 electronic components stocks of a similar size is 34.8×.

Price to free cash flow over time

median 19.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	34.2×	19.0×	56.4×
2025	19.7×	7.6×	21.9×
2024	12.7×	9.6×	26.8×
2023	18.7×	15.8×	90.0×
2022	79.6×	11.2×	82.5×
2021	13.3×	11.5×	13.8×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	38.8×	24.3×	428×
2017	23.5×	11.5×	25.0×
2016	15.6×	7.7×	16.0×
2015	9.3×	6.9×	17.1×
2014	9.2×	8.6×	16.9×
2013	7.5×	6.1×	9.7×
2012	8.8×	8.1×	20.2×
2011	16.9×	8.8×	36.6×
2010	9.9×	7.4×	10.7×

Against its peers

Companies in Hardware, Equipment & Parts nearest Flex's size, closest first, today.

Company	Price to free cash flow
FLEXFlex	34.2×
JBLJabil	22.0×
TDYTeledyne Technologies	25.4×
CLSCelestica	57.6×
COHRCoherent	n/m
FTVFortive	19.1×
KEYSKeysight Technologies	36.5×
GRMNGarmin	35.4×
MKSIMKS	29.2×
CGNXCognex	34.8×
AEISAdvanced Energy Industries	100×
Peer median	34.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Flex

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.