Plexus Corp. provides electronic manufacturing services in the United States, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services. It serves the aerospace/defense, healthcare/life sciences, and industrial/commercial sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.0B | $277M | $173M | $154M | 11.9% | 1.8% | 54.6% |
| 2024 | $4.0B | $236M | $112M | $341M | 8.4% | -5.9% | -19.6% |
| 2023 | $4.2B | $262M | $139M | $62M | 11.5% | 10.5% | 0.6% |
| 2022 | $3.8B | $237M | $138M | $-128M | 12.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 3,811.37 | 4,210.30 | 3,960.83 | 4,032.97 |
| Cost Of Revenue | 3,464.14 | 3,815.75 | 3,582.30 | 3,626.45 |
| Gross Profit | 347.23 | 394.55 | 378.53 | 406.51 |
| Operating Expense | 167.02 | 175.64 | 190.54 | 199.46 |
| Operating Income | 180.21 | 218.91 | 187.99 | 207.05 |
| EBITDA | 236.85 | 262.31 | 236.26 | 277.42 |
| EBIT | 174.16 | 192.56 | 158.41 | 199.62 |
| Pretax Income | 158.30 | 161.01 | 129.53 | 188.02 |
| Tax Provision | 20.06 | 21.92 | 17.72 | 15.13 |
| Net Income | 138.24 | 139.09 | 111.82 | 172.88 |
| Net Income Common Stockholders | 138.24 | 139.09 | 111.82 | 172.88 |
| Total Expenses | 3,631.16 | 3,991.39 | 3,772.84 | 3,825.91 |
| Interest Expense | 15.86 | 31.54 | 28.88 | 11.60 |
| Interest Income | 1.30 | 3.14 | 3.86 | 3.92 |
| Selling General And Administration | 167.02 | 175.64 | 190.54 | 199.46 |
| Normalized EBITDA | 238.87 | 285.41 | 256.51 | 282.10 |
| Normalized Income | 140.01 | 159.05 | 129.30 | 177.19 |
| Market Cap | 6,805.91 | 6,805.91 | 6,805.91 | 6,805.91 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Plexus Corp.this co. | PLXS | $6.9B | 39.37β premium | 4.68 | 11.9% | 24.03 |
| Qorvo, Inc. | QRVO | $8.3B | 146.36 | 2.40 | 1.6% | 19.65 |
| ESCO Technologies Inc. | ESE | $8.3B | 27.70 | 5.38 | 19.4% | 34.30 |
| Paycom Software, Inc. | PAYC | $6.9B | 14.81 | 3.88 | 26.2% | 8.05 |
| EPAM Systems, Inc. | EPAM | $6.6B | 16.62 | 1.71 |
| 10.3% |
| 7.47 |
| Lyft, Inc. | LYFT | $5.9B | 1.91 | 1.66 | 86.9% | 54.37 |
| OSI Systems, Inc. | OSIS | $4.9B | 32.21 | 5.07 | 15.7% | 20.54 |
| Diodes Incorporated | DIOD | $4.8B | 72.62 | 2.56 | 3.5% | 19.66 |
| Enphase Energy, Inc. | ENPH | $4.7B | 27.39 | 4.34 | 15.8% | 18.80 |
| Peer Median | - | 27.54 | 3.22 | 15.8% | 19.66 | |