Is Plexus Corp. (PLXS) overvalued or fairly valued?

MarketChacha shows Plexus Corp.'s valuation in context — a trailing P/E of about 37.4, a forward P/E of about 24.2, a price-to-book of about 4.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Plexus Corp.'s reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.01×) from reported figures — education, not a rating.

What is Plexus Corp.'s revenue?

Plexus Corp. reported revenue of $4.0B for FY2025, with net profit of $172.9M, per official filings.

What is the share price of Plexus Corp. (PLXS)?

Plexus Corp. last traded at $245.19 (+1.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Plexus Corp.

PLXS · NYSE · Technology · United States

Snapshot

TickerPLXS

ExchangeNYSE

SectorTechnology

IndustryElectronic Components

CountryUnited States

Employees20,000

HeadquartersNeenah, United States

Websitewww.plexus.com

Filings tracked11

About Plexus Corp.

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.

Who owns it

Insiders1.4%
Institutions98.6%
Public & other0.0%

572 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.30%
Vanguard Portfolio Management LLC7.89%
Disciplined Growth Investors, Inc.5.39%
Vanguard Capital Management LLC4.51%
American Century Companies Inc4.43%
State Street Corporation4.09%
Dimensional Fund Advisors LP3.11%
Geode Capital Management, LLC3.00%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.01×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend3.3% → 4.3%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev -2% · PAT 11%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.4B · EPS 2.42

Est. earnings growth +35.8%

Next fiscal year

Rev $5.6B · EPS 10.07

Est. earnings growth +15.9%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$4.0B

Net margin

4.3%

ROE

11.9%

Revenue CAGR (2y)

-2.1%

Profit CAGR (2y)

+11.5%

EPS (FY2025)

6.26

Net profit (FY2025)

$172.9M

Ask MarketChacha about PLXS

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$4.0B	$172.9M	6.26	4.3%	11.9%
FY2024	$4.0B	$111.8M	4.01	2.8%	8.4%
FY2023	$4.2B	$139.1M	4.95	3.3%	11.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q3	$1.3M	$43.0M*	1.58	—
2026Q2	$1.2M	$49.8M*	1.82	—
2026Q1	$1.1M	$41.2M*	1.51	—
2025Q2	$1.0M	$45.1M*	1.64	—
2025Q1	$980,170	$39.1M*	1.41	—
2024Q4	$976,122	$37.3M*	1.34	—
2024Q2	$960,751	$25.1M*	0.91	—
2024Q1	$966,900	$16.2M*	0.58	—
2023Q4	$982,607	$29.2M*	1.04	—
2023Q3	$1.0B	$15.8M	0.56	1.5%
2023Q2	$1.1B	$40.8M	1.45	3.7%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/6/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC6/8/2026material
10-Q filing
SEC5/7/2026
8-K — Results of operations, Executive/director change, Exhibits
SEC4/29/2026material
8-K — Shareholder vote results, Exhibits
SEC2/19/2026material
10-Q filing
SEC2/5/2026
8-K — Results of operations, Exhibits
SEC1/28/2026material

2025

10-K filing
SEC11/14/2025
8-K — Results of operations, Exhibits
SEC10/22/2025material
10-Q filing
SEC8/1/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.