PLXS · Quarterly Report (Form 10-Q) · Filed February 5, 2026

Plexus Corp — 10-Q exhibit

plxsf2610-qq1exhibit991.htm

Document


										Exhibit 99.1
Return on Invested Capital ("ROIC") and Economic Return Calculations GAAP to non-GAAP reconciliation (dollars in thousands):

	Three Months Ended				Twelve Months Ended				Three Months Ended
	Jan 3,				Sep 27,				Dec 28,
	2026				2025				2024
Operating income, as reported		$	54,464			$	202,371			$	46,860
Restructuring and other charges	+	—			+	4,683			+	4,683
Adjusted operating income		54,464				207,054				51,543


	x	4							x	4
Adjusted annualized operating income		217,856				207,054				206,172
Adjusted effective tax rate	x	17		%	x	8		%	x	15		%
Tax impact		$	37,036			$	16,564			$	30,926
Adjusted operating income (tax-effected)		$	180,820			$	190,490			$	175,246

Average invested capital	÷	$	1,374,532		÷	$	1,303,575		÷	$	1,268,309

ROIC		13.2		%		14.6		%		13.8		%
WACC	-	9.0		%	-	8.9		%	-	8.9		%
Economic Return		4.2		%		5.7		%		4.9		%


	Jan 3,		Sep 27,		Jun 28,		Mar 29,		Dec 28,		Sep 28,
	2026		2025		2025		2025		2024		2024
Equity	$	1,481,063	$	1,454,588	$	1,419,085	$	1,351,675	$	1,319,069	$	1,324,825
Plus:
Debt and finance lease obligations - current	66,837		45,793		50,678		121,014		121,977		157,325
Operating lease obligations - current (1)	7,943		8,253		8,470		9,968		14,875		14,697
Debt and finance lease obligations - long-term	91,139		91,987		92,215		88,761		88,728		89,993
Operating lease obligations - long-term	27,327		29,422		31,192		32,720		35,124		32,275
Less: Cash and cash equivalents	(248,825)		(306,464)		(237,567)		(310,531)		(317,161)		(345,109)
	$	1,425,484	$	1,323,579	$	1,364,073	$	1,293,607	$	1,262,612	$	1,274,006

(1)

Included in other accrued liabilities on the Condensed Consolidated Balance Sheets.

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