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 33.4× (Nov '26).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 1.4× (Nov '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?
Plexus Corp's P/E (TTM) is 31.15 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PLXS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 33.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.