NASDAQ : PLXS
Plexus Corp. — Financial statements
Technology · Electronic Components · United States
Last price 216.32 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.77B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Plexus Corp. (PLXS) reported revenue of 4.96B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.96B | 4.96B | 4.03B | 3.96B | 4.21B | 3.81B |
| Cost of Revenue | 4.46B | 4.46B | 3.63B | 3.58B | 3.82B | 3.46B |
| Gross Profit | 502.67M | 502.67M | 406.51M | 378.53M | 394.55M | 347.23M |
| Selling, General & Admin | 238.83M | 238.83M | 199.67M | 190.31M | 175.77M | 166.83M |
| Operating Expenses | 238.83M | 238.83M | 199.67M | 190.31M | 175.77M | 166.83M |
| Operating Income | 263.84M | 263.84M | 206.85M | 188.22M | 218.79M | 180.40M |
| Interest Expense | -15.35M | -15.35M | -11.61M | -28.88M | -31.54M | -15.86M |
| Interest & Investment Income | 4.36M | 4.36M | 3.92M | 3.86M | 3.14M | 1.30M |
| Currency Exchange Gain (Loss) | 398.00K | 1.72M | -1.16M | -1.37M | ||
| Other Non Operating Income (Expenses) | -7.01M | -7.01M | -6.86M | -15.13M | -5.12M | -4.15M |
| EBT Excluding Unusual Items | 245.83M | 245.83M | 192.70M | 149.79M | 184.11M | 160.32M |
| Merger & Restructuring Charges | -4.68M | -22.51M | -8.87M | -2.02M | ||
| Legal Settlements | -14.23M | |||||
| Pretax Income | 245.83M | 245.83M | 188.02M | 129.53M | 161.01M | 158.30M |
| Income Tax Expense | 43.34M | 43.34M | 15.13M | 17.72M | 21.92M | 20.06M |
| Net Income | 202.49M | 202.49M | 172.88M | 111.81M | 139.09M | 138.24M |
| Net Income to Common | 202.49M | 202.49M | 172.88M | 111.81M | 139.09M | 138.24M |
| Shares Outstanding (Basic) | 26.72M | 26.72M | 27.04M | 27.40M | 27.58M | 27.86M |
| Shares Outstanding (Diluted) | 27.33M | 27.33M | 27.62M | 27.91M | 28.11M | 28.44M |
| EPS (Basic) | 7.58 | 7.58 | 6.39 | 4.08 | 5.04 | 4.96 |
| EPS (Diluted) | 7.41 | 7.41 | 6.26 | 4.01 | 4.95 | 4.86 |
| Free Cash Flow | -28.94M | -28.94M | 153.97M | 341.32M | 61.77M | -127.85M |
| Free Cash Flow Per Share | -1.06 | -1.06 | 5.58 | 12.23 | 2.20 | -4.50 |
| Gross Margin | 10.12% | 10.12% | 10.08% | 9.56% | 9.37% | 9.11% |
| Operating Margin | 5.31% | 5.31% | 5.13% | 4.75% | 5.20% | 4.73% |
| Profit Margin | 4.08% | 4.08% | 4.29% | 2.82% | 3.30% | 3.63% |
| Free Cash Flow Margin | -0.58% | -0.58% | 3.82% | 8.62% | 1.47% | -3.35% |
| EBITDA | 340.86M | 340.86M | 284.64M | 266.07M | 288.55M | 243.08M |
| EBITDA Margin | 6.87% | 6.87% | 7.06% | 6.72% | 6.85% | 6.38% |
| D&A For EBITDA | 77.03M | 77.03M | 77.79M | 77.85M | 69.76M | 62.69M |
| EBIT | 263.84M | 263.84M | 206.85M | 188.22M | 218.79M | 180.40M |
| EBIT Margin | 5.31% | 5.31% | 5.13% | 4.75% | 5.20% | 4.73% |
| Effective Tax Rate | 17.63% | 17.63% | 8.05% | 13.68% | 13.61% | 12.67% |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 281.18M | 281.18M | 306.46M | 345.11M | 256.23M | 274.81M |
| Cash & Short-Term Investments | 281.18M | 281.18M | 306.46M | 345.11M | 256.23M | 274.81M |
| Receivables | 1.13B | 1.13B | 807.23M | 742.93M | 803.84M | 876.24M |
| Inventory | 1.67B | 1.67B | 1.23B | 1.31B | 1.56B | 1.60B |
| Prepaid Expenses | 74.05M | 74.05M | 44.25M | 55.17M | 45.75M | 59.36M |
| Restricted Cash | 45.00K | 45.00K | 294.00K | 2.35M | 421.00K | 665.00K |
| Other Current Assets | 10.72M | 20.16M | 3.95M | 2.27M | ||
| Total Current Assets | 3.16B | 3.16B | 2.40B | 2.48B | 2.67B | 2.82B |
| Property, Plant & Equipment | 625.51M | 625.51M | 618.91M | 575.47M | 561.40M | 509.84M |
| Long-Term Deferred Tax Assets | 115.23M | 115.23M | 91.35M | 73.92M | 62.59M | 39.08M |
| Other Long-Term Assets | 30.59M | 30.59M | 28.05M | 27.28M | 24.96M | 28.19M |
| Total Assets | 3.93B | 3.93B | 3.14B | 3.15B | 3.32B | 3.39B |
| Accounts Payable | 1.13B | 1.13B | 726.60M | 606.38M | 646.61M | 805.58M |
| Accrued Expenses | 199.75M | 199.75M | 154.12M | 140.24M | 140.44M | 124.37M |
| Current Portion of Long-Term Debt | 179.51M | 179.51M | 42.33M | 152.61M | 236.17M | 268.88M |
| Current Portion of Leases | 8.19M | 8.19M | 11.72M | 19.41M | 12.40M | 13.04M |
| Current Unearned Revenue | 151.30M | 154.70M | 158.70M | 298.80M | ||
| Other Current Liabilities | 690.61M | 690.61M | 432.62M | 569.95M | 618.35M | 495.52M |
| Total Current Liabilities | 2.21B | 2.21B | 1.52B | 1.64B | 1.81B | 2.01B |
| Long-Term Debt | 81.24M | 81.24M | 50.92M | 51.24M | 151.58M | 148.52M |
| Long-Term Leases | 23.05M | 23.05M | 70.49M | 71.03M | 77.82M | 72.89M |
| Long-Term Deferred Tax Liabilities | 7.51M | 7.51M | 6.00M | 8.23M | 4.35M | 6.33M |
| Other Long-Term Liabilities | 38.58M | 38.58M | 36.43M | 55.20M | 60.37M | 63.57M |
| Total Liabilities | 2.36B | 2.36B | 1.68B | 1.83B | 2.11B | 2.30B |
| Common Stock | 549.00K | 549.00K | 547.00K | 545.00K | 543.00K | 541.00K |
| Additional Paid-In Capital | 719.53M | 719.53M | 695.65M | 680.64M | 661.27M | 652.47M |
| Retained Earnings | 2.20B | 2.20B | 2.00B | 1.82B | 1.71B | 1.57B |
| Treasury Stock | -1.34B | -1.34B | -1.26B | -1.19B | -1.13B | -1.09B |
| Comprehensive Income & Other | -4.61M | -4.61M | 17.81M | 10.61M | -24.33M | -36.03M |
| Shareholders' Equity | 1.57B | 1.57B | 1.45B | 1.32B | 1.21B | 1.10B |
| Total Liabilities & Equity | 3.93B | 3.93B | 3.14B | 3.15B | 3.32B | 3.39B |
| Total Debt | 291.99M | 291.99M | 175.46M | 294.29M | 477.97M | 503.32M |
| Net Cash (Debt) | -10.82M | -10.82M | 131.01M | 50.82M | -221.74M | -228.52M |
| Net Cash Per Share | -0.40 | -0.40 | 4.74 | 1.82 | -7.89 | -8.04 |
| Filing Date Shares Outstanding | 26.63M | 26.63M | 26.77M | 27.09M | 27.47M | 27.63M |
| Total Common Shares Outstanding | 26.63M | 26.63M | 26.83M | 27.12M | 27.47M | 27.68M |
| Working Capital | 952.15M | 952.15M | 880.11M | 833.86M | 859.56M | 809.93M |
| Book Value Per Share | 59.06 | 59.06 | 54.22 | 48.85 | 44.21 | 39.59 |
| Tangible Book Value | 1.57B | 1.57B | 1.45B | 1.32B | 1.21B | 1.10B |
| Tangible Book Value Per Share | 59.06 | 59.06 | 54.22 | 48.85 | 44.21 | 39.59 |
| Land | 393.83M | 386.68M | 368.56M | 350.35M | ||
| Machinery | 682.28M | 670.59M | 622.86M | 560.77M | ||
| Construction In Progress | 91.37M | 23.87M | 28.88M | 28.19M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 202.49M | 202.49M | 172.88M | 111.81M | 139.09M | 138.24M |
| Depreciation & Amortization | 77.03M | 77.03M | 77.79M | 77.85M | 69.76M | 62.69M |
| Asset Writedown & Restructuring Costs | 4.74M | |||||
| Stock-Based Compensation | 46.38M | 46.38M | 30.27M | 30.31M | 21.30M | 23.34M |
| Other Operating Activities | -18.66M | -18.66M | -22.86M | -12.81M | -23.02M | -9.83M |
| Change in Accounts Receivable | -328.65M | -328.65M | -60.43M | 66.65M | 78.37M | -253.47M |
| Change in Inventory | -447.68M | -447.68M | 84.86M | 262.27M | 48.61M | -652.99M |
| Change in Accounts Payable | 417.46M | 417.46M | 98.64M | -30.83M | -170.69M | 176.04M |
| Change in Income Taxes | 5.71M | 5.71M | -14.66M | -18.15M | -5.75M | -713.00K |
| Change in Other Net Operating Assets | 114.13M | 114.13M | -117.27M | -55.34M | 8.13M | 490.45M |
| Operating Cash Flow | 68.20M | 68.20M | 249.23M | 436.50M | 165.82M | -26.24M |
| Capital Expenditures | -97.14M | -97.14M | -95.26M | -95.18M | -104.05M | -101.61M |
| Other Investing Activities | -253.00K | -253.00K | -347.00K | 235.00K | 10.74M | 51.00K |
| Investing Cash Flow | -97.39M | -97.39M | -95.61M | -94.95M | -93.30M | -101.56M |
| Long-Term Debt Issued | 896.50M | 896.50M | 477.00M | 550.50M | 748.50M | 758.00M |
| Long-Term Debt Repaid | -785.06M | -785.06M | -592.82M | -739.46M | -787.78M | -556.73M |
| Net Debt Issued (Repaid) | 111.44M | 111.44M | -115.82M | -188.96M | -39.28M | 201.27M |
| Issuance of Common Stock | 210.00K | 8.00K | 480.00K | |||
| Repurchase of Common Stock | -107.30M | -107.30M | -80.59M | -66.84M | -53.45M | -61.56M |
| Other Financing Activities | -1.19M | -1.19M | -898.00K | |||
| Financing Cash Flow | 2.95M | 2.95M | -196.40M | -255.59M | -92.72M | 139.29M |
| Foreign Exchange Rate Adjustments | 701.00K | 701.00K | 2.08M | 4.84M | 1.39M | -6.54M |
| Net Cash Flow | -25.54M | -25.54M | -40.70M | 90.81M | -18.82M | 4.96M |
| Free Cash Flow | -28.94M | -28.94M | 153.97M | 341.32M | 61.77M | -127.85M |
| Free Cash Flow Margin | -0.58% | -0.58% | 3.82% | 8.62% | 1.47% | -3.35% |
| Free Cash Flow Per Share | -1.06 | -1.06 | 5.58 | 12.23 | 2.20 | -4.50 |
| Levered Free Cash Flow | -49.40M | -49.40M | 167.90M | 303.69M | 69.19M | -121.60M |
| Unlevered Free Cash Flow | -39.81M | -39.81M | 175.15M | 321.74M | 88.91M | -111.69M |
| Cash Interest Paid | 12.34M | 29.52M | 32.78M | 15.29M | ||
| Cash Income Tax Paid | 44.78M | 46.22M | 43.57M | 16.92M | ||
| Change in Working Capital | -239.03M | -239.03M | -8.86M | 224.60M | -41.31M | -240.68M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.58B | 7.28B | 3.87B | 3.71B | 2.56B | 2.43B |
| Enterprise Value | 5.59B | 7.27B | 3.81B | 3.83B | 2.84B | 2.63B |
| Last Close Price | 209.42 | 273.13 | 143.27 | 136.44 | 92.98 | 87.56 |
| PE Ratio | 28.26 | 35.95 | 22.36 | 33.22 | 18.37 | 17.55 |
| Forward PE | 19.47 | 27.27 | 19.35 | 21.38 | 17.00 | 16.46 |
| PS Ratio | 1.12 | 1.47 | 0.96 | 0.94 | 0.61 | 0.64 |
| PB Ratio | 3.55 | 4.63 | 2.66 | 2.80 | 2.10 | 2.21 |
| P/TBV Ratio | 3.55 | 4.63 | 2.66 | 2.80 | 2.10 | 2.21 |
| P/FCF Ratio | 25.11 | 10.88 | 41.36 | |||
| P/OCF Ratio | 81.84 | 106.74 | 15.51 | 8.51 | 15.41 | |
| PEG Ratio | 1.02 | 1.44 | 1.02 | 1.19 | 0.94 | 0.91 |
| EV/Sales Ratio | 1.13 | 1.47 | 0.94 | 0.97 | 0.68 | 0.69 |
| EV/EBITDA Ratio | 16.41 | 21.34 | 13.39 | 14.41 | 9.86 | 10.80 |
| EV/EBIT Ratio | 21.20 | 27.56 | 18.43 | 20.37 | 13.00 | 14.55 |
| EV/FCF Ratio | 24.75 | 11.23 | 46.04 | |||
| Debt / Equity Ratio | 0.19 | 0.19 | 0.12 | 0.22 | 0.39 | 0.46 |
| Debt / EBITDA Ratio | 0.82 | 0.82 | 0.58 | 1.04 | 1.55 | 1.93 |
| Debt / FCF Ratio | 1.14 | 0.86 | 7.74 | |||
| Net Debt / Equity Ratio | 0.01 | 0.01 | -0.09 | -0.04 | 0.18 | 0.21 |
| Net Debt / EBITDA Ratio | 0.03 | 0.03 | -0.46 | -0.19 | 0.77 | 0.94 |
| Net Debt / FCF Ratio | -0.37 | -0.37 | -0.85 | -0.15 | 3.59 | -1.79 |
| Asset Turnover | 1.40 | 1.40 | 1.28 | 1.22 | 1.25 | 1.30 |
| Inventory Turnover | 3.07 | 3.07 | 2.85 | 2.49 | 2.41 | 2.69 |
| Quick Ratio | 0.64 | 0.64 | 0.73 | 0.66 | 0.58 | 0.57 |
| Current Ratio | 1.43 | 1.43 | 1.58 | 1.51 | 1.47 | 1.40 |
| Return on Equity (ROE) | 13.38% | 13.38% | 12.44% | 8.81% | 12.04% | 13.02% |
| Return on Assets (ROA) | 4.66% | 4.66% | 4.11% | 3.63% | 4.07% | 3.85% |
| Return on Invested Capital (ROIC) | 13.99% | 14.95% | 14.64% | 11.99% | 13.69% | 13.22% |
| Return on Capital Employed (ROCE) | 15.30% | 15.30% | 12.80% | 12.50% | 14.50% | 13.00% |
| Earnings Yield | 3.54% | 2.78% | 4.47% | 3.01% | 5.44% | 5.70% |
| FCF Yield | -0.52% | -0.40% | 3.98% | 9.19% | 2.42% | -5.27% |
| Buyback Yield / Dilution | 1.04% | 1.04% | 1.05% | 0.73% | 1.14% | 2.50% |