Celestica vs Flex
Flex is the larger business, with $27.91bn of revenue in fiscal 2026 against $12.39bn for Celestica (2.3 times as much). Celestica grew faster (28.5% against 8.1%). Celestica kept more of each dollar of sales as profit: a net margin of 6.7% against 3.2%.
| Latest fiscal year | CelesticaCLS, 2025 | FlexFLEX, 2026 |
|---|---|---|
| Revenue | $12.39bn | $27.91bn |
| Revenue growth | 28.5% | 8.1% |
| Net income | $833m | $880m |
| Operating margin | 8.4% | — |
| Net margin | 6.7% | 3.2% |
| Return on equity | 40.5% | 17.3% |
| Free cash flow | $458m | $1.05bn |
| Cash | $596m | $2.39bn |
| Total debt | $777m | $3.77bn |
| Debt to equity | 35.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $153m | $944m |
| Employees | — | — |
| Market value | $30.35bn | $31.11bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 166 sales | 0 buys, 151 sales |