Fabrinet (FN)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 296,181 | 247,913 | 200,380 | 148,341 | 113,479 |
| Revenue | US$ in thousands | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 | 1,641,840 |
| Net profit margin | 10.27% | 9.37% | 8.86% | 7.89% | 6.91% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $296,181K ÷ $2,882,970K
= 10.27%
Fabrinet's net profit margin has shown a consistent improvement over the past five years, reflecting the company's ability to efficiently convert revenues into profits. The increasing trend from 6.91% in 2020 to 10.27% in 2024 indicates improved profitability over time. This suggests that Fabrinet has been effectively managing its expenses relative to its revenues, resulting in a higher percentage of each dollar of revenue translating into net income. A rising net profit margin is a positive indicator of the company's operational efficiency and overall financial health.
Peer comparison
Jun 30, 2024