PLXS · Quarterly Report (Form 10-Q) · Filed May 7, 2026

Plexus Corp — 10-Q exhibit

plxsf2610-qq2exhibit991.htm

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

	Six Months Ended				Three Months Ended				Six Months Ended
	Apr 4,				Jan 3,				Mar 29,
	2026				2026				2025
Operating income, as reported		$	116,301			$	54,464			$	95,651
Restructuring and other charges	+	—			+	—			+	4,683
Adjusted operating income		116,301				54,464				100,334


	x	2			x	4			x	2
Adjusted annualized operating income		232,602				217,856				200,668
Adjusted effective tax rate	x	17		%	x	17		%	x	13		%
Tax impact		$	39,542			$	37,036			$	26,087
Adjusted operating income (tax-effected)		$	193,060			$	180,820			$	174,581

Average invested capital	÷	$	1,401,134		÷	$	1,374,532		÷	$	1,276,742

ROIC		13.8		%		13.2		%		13.7		%
WACC	-	9.0		%	-	9.0		%	-	8.9		%
Economic Return		4.8		%		4.2		%		4.8		%


	Apr 4,		Jan 3,		Sep 27,		Jun 28,		Mar 29,		Dec 28,		Sep 28,
	2026		2026		2025		2025		2025		2024		2024
Equity	$	1,489,800	$	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	143,112		66,837		45,793		50,678		121,014		121,977		157,325
Operating lease obligations - current (1)	7,758		7,943		8,253		8,470		9,968		14,875		14,697
Debt and finance lease obligations - long-term	91,034		91,139		91,987		92,215		88,761		88,728		89,993
Operating lease obligations - long-term	25,769		27,327		29,422		31,192		32,720		35,124		32,275
Less: Cash and cash equivalents	(303,133)		(248,825)		(306,464)		(237,567)		(310,531)		(317,161)		(345,109)
	$	1,454,340	$	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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