---
title: "Flex Ltd.: Competitors"
description: "Flex Ltd. compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/flex-ltd/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Flex Ltd.: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Flex Ltd. under SIC code 3672 (Printed Circuit Boards). Among Swoopr's S&P 500 Equal Weight companies, 5 others share that classification; by latest reported revenue, Flex Ltd. ranks 2 of 6. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Flex Ltd. Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Jabil (JBL)](https://www.getswoopr.com/stocks/companies/jabil/) | $29.8 billion FY2025 | 3.2% | 4.0% | 2.2% |
| **Flex Ltd. (FLEX)** | $27.9 billion FY2026 | 8.1% | 4.9% | 3.2% |
| [Sanmina Corporation (SANM)](https://www.getswoopr.com/stocks/companies/sanmina-corporation/) | $8.1 billion FY2025 | 7.4% | 4.4% | 3.0% |
| [TTM Technologies Inc. (TTMI)](https://www.getswoopr.com/stocks/companies/ttm-technologies-inc/) | $2.9 billion FY2025 | 19.0% | 9.1% | 6.1% |
| [Kimball Electronics Inc. (KE)](https://www.getswoopr.com/stocks/companies/kimball-electronics-inc/) | $1.5 billion FY2025 | -13.3% | 3.1% | 1.1% |
| [Key Tronic Corporation (KTCC)](https://www.getswoopr.com/stocks/companies/key-tronic-corporation/) | $387 million FY2026 | -17.4% | -3.8% | -12.4% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Flex Ltd. and 5 peers: Jabil (JBL) 4.0%, Flex Ltd. (FLEX) 4.9%, Sanmina Corporation (SANM) 4.4%, TTM Technologies Inc. (TTMI) 9.1%, Kimball Electronics Inc. (KE) 3.1%, Key Tronic Corporation (KTCC) -3.8%.](https://www.getswoopr.com/images/charts/flex-ltd-competitors-peer-margins.webp)
*Operating margin of Flex Ltd. against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Flex Ltd. Rank Among All SEC Filers in Its Industry Code?

6 companies with annual reports in Swoopr's SEC dataset share SIC code 3672 (Printed Circuit Boards), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Flex Ltd. | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $27.9 billion | $5.5 billion | 2 of 6 |
| Revenue growth | 8.1% | 5.3% | 2 of 6 |
| Operating margin | 4.9% | 4.2% | 2 of 6 |
| Net margin | 3.2% | 2.6% | 2 of 6 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Flex Ltd. reported in its own SEC filings, read from the SEC's XBRL data (accession 0000866374-26-000012 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Flex Ltd.'s competitors?

Companies sharing Flex Ltd.'s SEC classification (SIC code 3672 (Printed Circuit Boards)) include Jabil (JBL), Sanmina Corporation (SANM), TTM Technologies Inc. (TTMI), Kimball Electronics Inc. (KE), Key Tronic Corporation (KTCC). Its 10-K names the competitors it considers most relevant.

### How does Flex Ltd. compare with its peers on margins?

Flex Ltd.'s fiscal 2026 operating margin was 4.9%, against a peer median of 4.0%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Flex Ltd. rank among all companies in its SEC industry?

Among 6 SEC filers under SIC code 3672, Flex Ltd. ranks 2 by latest revenue, and 2 of 6 by operating margin (4.9% against a median of 4.2%).

## References

- [SEC EDGAR: FLEX LTD. Form 10-K filed May 20, 2026](https://www.sec.gov/Archives/edgar/data/866374/000086637426000012/flex-20260331.htm)
- [SEC EDGAR: FLEX LTD. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=866374&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Flex Ltd. company dossier](https://www.getswoopr.com/stocks/companies/flex-ltd/)
- [Flex Ltd. financial metrics](https://www.getswoopr.com/stocks/companies/flex-ltd/metrics/)
- [Flex Ltd. financial risk indicators](https://www.getswoopr.com/stocks/companies/flex-ltd/risks/)
- [Flex Ltd. peer comparison](https://www.getswoopr.com/stocks/companies/flex-ltd/competitors/)
- [Flex Ltd. business model and revenue mix](https://www.getswoopr.com/stocks/companies/flex-ltd/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
