Flex Income Tax Expense from 2010 to 2024

FLEX Stock  USD 27.63  0.56  2.07%   
Flex Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Flex Income Tax Expense regression line of annual values had significance of  0.30 and arithmetic mean of  34,267,033. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-06-30
Previous Quarter
-81 M
Current Value
74 M
Quarterly Volatility
66.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flex main balance sheet or income statement drivers, such as Depreciation And Amortization of 405.8 M, Interest Expense of 553 M or Total Revenue of 18.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 3.61. Flex financial statements analysis is a perfect complement when working with Flex Valuation or Volatility modules.
  
This module can also supplement Flex's financial leverage analysis and stock options assessment as well as various Flex Technical models . Check out the analysis of Flex Correlation against competitors.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.

Latest Flex's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Flex over the last few years. It is Flex's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flex's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Flex Income Tax Expense Regression Statistics

Arithmetic Mean34,267,033
Coefficient Of Variation173.95
Mean Deviation47,960,360
Median51,284,000
Standard Deviation59,606,065
Sample Variance3552.9T
Range172.8M
R-Value(0.29)
Mean Square Error3506T
R-Squared0.08
Significance0.30
Slope(3,855,709)
Total Sum of Squares49740.4T

Flex Income Tax Expense History

2024-64.5 M
2023-67.8 M
2022-59 M
2021105 M
2020101 M
201970.9 M
201888.7 M

About Flex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Flex income statement, its balance sheet, and the statement of cash flows. Flex investors use historical funamental indicators, such as Flex's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Flex investors may use each financial statement separately, they are all related. The changes in Flex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Flex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Flex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-67.8 M-64.5 M

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When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:
Check out the analysis of Flex Correlation against competitors.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
Note that the Flex information on this page should be used as a complementary analysis to other Flex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Flex Stock analysis

When running Flex's price analysis, check to measure Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.
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Is Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flex. If investors know Flex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
1.68
Revenue Per Share
66.374
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0425
The market value of Flex is measured differently than its book value, which is the value of Flex that is recorded on the company's balance sheet. Investors also form their own opinion of Flex's value that differs from its market value or its book value, called intrinsic value, which is Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flex's market value can be influenced by many factors that don't directly affect Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.