Flex Ltd.

NasdaqGS:FLEX Stock Report

Market Cap: US$14.9b

Flex Management

Management criteria checks 4/4

Flex's CEO is Revathi Advaithi, appointed in Feb 2019, has a tenure of 5.92 years. total yearly compensation is $15.11M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $29.57M. The average tenure of the management team and the board of directors is 3.1 years and 4.6 years respectively.

Key information

Revathi Advaithi

Chief executive officer

US$15.1m

Total compensation

CEO salary percentage8.8%
CEO tenure5.9yrs
CEO ownership0.2%
Management average tenure3.1yrs
Board average tenure4.6yrs

Recent management updates

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Aug 01
Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Recent updates

Flex: Becoming A Better Business In Its Transformation

Dec 27

Many Still Looking Away From Flex Ltd. (NASDAQ:FLEX)

Dec 02
Many Still Looking Away From Flex Ltd. (NASDAQ:FLEX)

A Look At The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Oct 24
A Look At The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Oct 09
Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Flex Is Not Cheap Amid Geopolitical And Innovation Risks

Oct 01

Is It Too Late To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

Sep 13
Is It Too Late To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

We Think Flex's (NASDAQ:FLEX) Solid Earnings Are Understated

Aug 03
We Think Flex's (NASDAQ:FLEX) Solid Earnings Are Understated

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Aug 01
Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Jul 11
Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds

Jul 02

Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Jun 21
Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Apr 06
Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Flex Ltd.: Undervalued With Solid Fundamentals

Apr 04

Flex: Growth Potential After The Nextracker Spin-Off

Jan 20

CEO Compensation Analysis

How has Revathi Advaithi's remuneration changed compared to Flex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 27 2024n/an/a

US$841m

Jun 28 2024n/an/a

US$650m

Mar 31 2024US$15mUS$1m

US$633m

Dec 31 2023n/an/a

US$134m

Sep 29 2023n/an/a

US$167m

Jun 30 2023n/an/a

US$376m

Mar 31 2023US$16mUS$1m

US$443m

Dec 31 2022n/an/a

US$818m

Sep 30 2022n/an/a

US$815m

Jul 01 2022n/an/a

US$919m

Mar 31 2022US$14mUS$1m

US$868m

Dec 31 2021n/an/a

US$1b

Oct 01 2021n/an/a

US$990m

Jul 02 2021n/an/a

US$767m

Mar 31 2021US$12mUS$863k

US$613m

Dec 31 2020n/an/a

US$422m

Sep 25 2020n/an/a

US$325m

Jun 26 2020n/an/a

US$95m

Mar 31 2020US$11mUS$1m

US$88m

Dec 31 2019n/an/a

-US$25m

Sep 27 2019n/an/a

-US$182m

Jun 28 2019n/an/a

US$22m

Mar 31 2019US$6mUS$166k

US$93m

Compensation vs Market: Revathi's total compensation ($USD15.11M) is about average for companies of similar size in the US market ($USD12.86M).

Compensation vs Earnings: Revathi's compensation has been consistent with company performance over the past year.

CEO

Revathi Advaithi (56 yo)

5.9yrs

Tenure

US$15,111,098

Compensation

Ms. Revathi Advaithi has been Chief Executive Officer and Director Flex Ltd. since February 11, 2019. Ms. Advaithi has been Independent Director of Uber Technologies, Inc. since July 1, 2020.She served as...

Leadership Team

NamePositionTenureCompensationOwnership
Revathi Advaithi
CEO & Director5.9yrsUS$15.11m0.20%
$ 29.6m
Michael Hartung
President & Chief Commercial Officerless than a yearUS$3.53m0.033%
$ 5.0m
Kwanghooi Tan
President of Global Operations & Supply Chain2.8yrsUS$3.93m0.020%
$ 2.9m
D. Offer
Executive VP & General Counsel8.3yrsUS$3.50m0.041%
$ 6.1m
Jaime Martinez
Interim Chief Financial Officerless than a yearno data0.00075%
$ 111.7k
Daniel J. Wendler
Chief Accounting Officer2.9yrsno data0.0028%
$ 416.8k
David Rubin
Vice President of Investor Relationsno datano datano data
Silvia Gianelli
Senior Director of Corporate Communicationsno datano datano data
Xavier F. Boza
Chief Human Resources Officer3.3yrsno datano data
Paul Baldassari
President of Manufacturing & Services3yrsno datano data
Mike Thoeny
President of Automotive Business4.6yrsno datano data
Cameron Carr
Chief Strategy Officer3.2yrsno datano data

3.1yrs

Average Tenure

56.5yo

Average Age

Experienced Management: FLEX's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Revathi Advaithi
CEO & Director5.9yrsUS$15.11m0.20%
$ 29.6m
William D. Watkins
Independent Chairman15.8yrsUS$590.78k0.029%
$ 4.3m
Lay Koon Tan
Independent Director12.8yrsUS$360.30k0.063%
$ 9.4m
Michael E. Hurlston
Independent Director4.3yrsUS$304.97k0.017%
$ 2.5m
John Delanier Harris
Independent Director4.2yrsUS$305.00k0.011%
$ 1.6m
Maryrose Sylvester
Independent Director2.3yrsUS$305.00k0.0038%
$ 561.2k
Patrick J. Ward
Independent Director3yrsUS$290.00k0.0068%
$ 1.0m
Charles Stevens
Independent Director6.2yrsUS$353.00k0.013%
$ 1.9m
Erin L. McSweeney
Independent Director4.6yrsUS$353.00k0.0076%
$ 1.1m

4.6yrs

Average Tenure

60yo

Average Age

Experienced Board: FLEX's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 02:08
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/27
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Flex Ltd. is covered by 28 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
George WangBarclays
Ruplu BhattacharyaBofA Global Research