Flex Gross Margin 2010-2024 | FLEX
- Flex average gross margin for 2023 was 6.93%, a 4.28% increase from 2022.
- Flex average gross margin for 2022 was 7.24%, a 1.63% decline from 2021.
- Flex average gross margin for 2021 was 7.36%, a 21.65% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.