15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.9% per year over the past 5 years.
Net income has grown faster than revenue (8.0% vs 2.9% per year).
Operating margin has been roughly flat, at 5.0% in the latest year.
Free cash flow has declined 0.8% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-1.7% vs 2.9% per year).
Operating income covered interest expense 17× in the latest year, up from 9.5× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$4.0B
$173M
10.1%
5.0%
11.9%
5.5%
$154M
—
$306M
2024
$4.0B
$112M
9.6%
4.2%
8.4%
3.5%
$341M
—
$345M
2023
$4.2B
$139M
9.4%
4.7%
11.5%
4.2%
$62M
—
$256M
2022
$3.9B
$138M
8.8%
4.5%
12.6%
4.1%
-$128M
—
$275M
2021
$3.5B
$139M
9.3%
5.1%
13.5%
5.6%
$85M
—
$270M
2020
$3.5B
$117M
8.9%
4.4%
12.0%
5.1%
$160M
—
$386M
2019
$3.3B
$109M
8.9%
4.3%
12.5%
5.4%
$25M
—
$224M
2018
—
$13M
—
—
1.4%
0.7%
$4M
—
$297M
2017
—
$112M
—
—
10.9%
5.7%
$133M
—
$569M
2016
—
$76M
—
—
8.3%
4.3%
$97M
$250M
$433M
2015
—
$94M
—
—
11.2%
5.6%
$41M
$250M
$357M
2014
—
$87M
—
—
11.2%
5.4%
$23M
$250M
$347M
2013
—
$82M
—
—
11.8%
5.7%
$100M
$250M
$342M
2012
—
$62M
—
—
9.6%
4.4%
—
$258M
$298M
2011
—
$89M
—
—
16.0%
6.8%
$84M
$273M
$242M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jul '26
$1M
$43M
10069.1%
4695.1%
2.8%
1.2%
-$754000
—
$314M
Apr '26
$1M
$50M
10240.6%
5313.6%
3.3%
1.5%
$16M
—
$303M
Jan '26
$1M
$41M
9920.8%
5090.8%
2.8%
1.3%
-$51M
—
$249M
Sep '25
$4.0B
$51M
2.6%
1.3%
3.5%
1.6%
$97M
—
$306M
Jun '25
$1M
$45M
10143.1%
5264.4%
3.2%
1.5%
$13M
—
$238M
Mar '25
$980170
$39M
9972.9%
4977.8%
2.9%
1.3%
$16M
—
$311M
Dec '24
$976122
$37M
10315.5%
4800.6%
2.8%
1.2%
$27M
—
$317M
Sep '24
$4.0B
$41M
2.7%
1.4%
3.1%
1.3%
$194M
—
$345M
Jun '24
$960751
$25M
9827.2%
4084.9%
2.0%
0.8%
$114M
—
$270M
Mar '24
$966900
$16M
9107.8%
3047.9%
1.3%
0.5%
$65M
—
$265M
Dec '23
$982607
$29M
8970.0%
4595.7%
2.3%
0.9%
-$32M
—
$232M
Sep '23
$1.1B
$40M
9.2%
5.1%
3.3%
1.2%
$66M
—
$256M
Jul '23
$1.0B
$16M
8.9%
2.7%
1.3%
0.5%
-$11M
—
$253M
Apr '23
$1.1B
$41M
9.4%
5.2%
3.5%
1.2%
$80M
—
$270M
Dec '22
$1.1B
$42M
9.0%
5.1%
3.7%
1.2%
-$72M
—
$248M
Oct '22
$1.2B
$50M
9.3%
5.4%
4.6%
1.5%
-$17M
—
$275M
Jul '22
$1.0B
$37M
9.2%
4.9%
3.5%
1.2%
-$42M
—
$277M
Apr '22
$919M
$27M
8.3%
3.9%
2.6%
0.9%
$53M
—
$308M
Jan '22
$842M
$23M
8.3%
3.6%
2.2%
0.9%
-$122M
—
$217M
Oct '21
$874M
$33M
9.0%
4.8%
3.2%
1.4%
-$12M
—
$270M
Valuation over time
How the market has priced PLXS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 18.8× (Mar '23) to 37.3× (Sep '26).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 1.6× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is PLXS growing its revenue and profit?
Over the past 5 years, Plexus Corp's revenue has grown 2.9% per year, and net income grown 8.0% per year. These are computed facts, not advice.
How much debt does PLXS have?
As of FY2025, Plexus Corp reported — of total debt against $306M of cash; operating income covered interest expense 17×.
What is PLXS's profit margin?
In FY2025, gross margin was 10.1%, operating margin 5.0%, and net margin 4.3%.
What is PLXS's P/E ratio?
As of Sep '26, Plexus Corp traded at a price-to-earnings ratio of about 37.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.