Fabrinet (FN)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 356,118 | 336,273 | 278,594 | 221,363 | 186,105 |
| Revenue | US$ in thousands | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 | 1,641,840 |
| Gross profit margin | 12.35% | 12.71% | 12.32% | 11.78% | 11.34% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $356,118K ÷ $2,882,970K
= 12.35%
Fabrinet's gross profit margin has shown a positive trend over the past five years, increasing from 11.34% in 2020 to 12.35% in 2024. This indicates an improvement in the company's ability to generate profit from its sales after accounting for the cost of goods sold. The consistent upward trajectory suggests that Fabrinet has been effectively managing its cost of production and pricing strategies, resulting in a higher margin of profitability over time. The company's ability to maintain and grow its gross profit margin is a positive indicator of its operational efficiency and potential for sustained profitability in the future.
Peer comparison
Jun 30, 2024