Flex Ltd.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.44B | $23.86B | $24.42B | $26.15B | $26.11B | $23.57B | $29.39B | $28.12B |
| FAS | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| FRS | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Nextracker | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| HRS | $4.23B | $4.12B | $3.52B | $3.18B | $2.79B | $2.43B | $0 | $0 |
| IEI | $5.32B | $4.69B | $3.64B | $3.46B | $3.22B | $2.93B | $3.85B | $3.17B |
| CEC_INS | $8.19B | $8.20B | $10.14B | $10.49B | $10.23B | $9.85B | $0 | $0 |
| CTG | $7.71B | $6.85B | $7.12B | $9.03B | $9.88B | $8.35B | $0 | $0 |
| Infrastructure | $0 | $0 | $0 | $0 | $0 | $0 | $11.37B | $11.05B |
| Mobile | $0 | $0 | $0 | $0 | $0 | $0 | $7.64B | $7.53B |
| Computing | $0 | $0 | $0 | $0 | $0 | $0 | $6.54B | $6.37B |
| EMS | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $23.78B | $22.30B | $22.81B | $24.60B | $24.61B | $22.19B | $27.83B | $27.09B |
| Gross Profit | $1.60B | $1.52B | $1.61B | $1.55B | $1.44B | $1.17B | $1.52B | $1.58B |
| Gross Margin | 6.3% | 6.4% | 6.6% | 5.9% | 5.5% | 4.9% | 5.2% | 5.6% |
| Operating Expenses | ||||||||
| Research & Development | $78.2M | $65.6M | $61.0M | $26.3M | $30.0M | — | $78.9M | $46.5M |
| SG&A Expense | $1.02B | $937.3M | $954.9M | $844.5M | $874.8M | $805.2M | $877.6M | $801.8M |
| Operating Income | $644.0M | $478.8M | $552.7M | $747.1M | $480.4M | $397.7M | $642.5M | $723.0M |
| Operating Margin | 2.5% | 2.0% | 2.3% | 2.9% | 1.8% | 1.7% | 2.2% | 2.6% |
| Interest Expense | $123.1M | $108.0M | $98.0M | $76.4M | $79.9M | $68.9M | $67.8M | $88.7M |
| Pretax Income | $520.9M | $370.8M | $454.7M | $670.7M | $400.5M | $328.8M | $574.7M | $634.3M |
| Income Tax Expense | $92.4M | $51.3M | $10.6M | $69.9M | $34.9M | $26.3M | $54.0M | $22.0M |
| Net Income | $428.5M | $319.6M | $444.1M | $600.8M | $365.6M | $277.1M | $488.8M | $596.2M |
| Net Margin | 1.7% | 1.3% | 1.8% | 2.3% | 1.4% | 1.2% | 1.7% | 2.1% |
| EPS (Basic) | $0.81 | $0.59 | $0.80 | $1.04 | $0.60 | $0.42 | $0.68 | $0.77 |
| EPS (Diluted) | $0.80 | $0.59 | $0.79 | $1.02 | $0.59 | $0.41 | $0.67 | $0.75 |
| Shares Outstanding (Basic) | 529.8M | 540.5M | 557.7M | 580.0M | 610.5M | 662.9M | 716.2M | 777.3M |
| Shares Outstanding (Diluted) | 536.6M | 546.2M | 564.9M | 591.6M | 623.5M | 675.0M | 727.8M | 790.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |