Fabrinet (FN)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 332,527 | 326,386 | 326,012 | 308,486 | 296,181 | 275,901 | 254,340 | 248,387 | 247,913 | 243,316 | 234,622 | 220,344 | 200,380 | 186,604 | 173,436 | 159,941 | 148,341 | 133,952 | 124,726 | 120,573 |
| Revenue (ttm) | US$ in thousands | 3,419,327 | 3,262,896 | 3,122,632 | 3,001,718 | 2,882,967 | 2,785,577 | 2,719,323 | 2,675,285 | 2,645,237 | 2,577,240 | 2,476,354 | 2,374,331 | 2,262,224 | 2,183,917 | 2,098,839 | 1,986,033 | 1,879,350 | 1,774,896 | 1,706,789 | 1,679,179 |
| Net profit margin | 9.72% | 10.00% | 10.44% | 10.28% | 10.27% | 9.90% | 9.35% | 9.28% | 9.37% | 9.44% | 9.47% | 9.28% | 8.86% | 8.54% | 8.26% | 8.05% | 7.89% | 7.55% | 7.31% | 7.18% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $332,527K ÷ $3,419,327K
= 9.72%
The net profit margin of Fabrinet demonstrates a generally upward trend over the period from September 30, 2020, to June 30, 2025. Starting at 7.18% in September 2020, it gradually increased, reaching approximately 9.28% by September 2022. This period of improvement reflects enhanced profitability relative to revenue.
Between September 2022 and December 2023, the net profit margin remains relatively stable, fluctuating slightly around 9.28% to 9.47%. Notably, a more significant upward movement occurs in the subsequent period, with the margin rising to 9.90% as of March 2024. The increase continues into June and September 2024, where margins reach 10.27% and 10.28%, respectively. This indicates a notable improvement in profitability, suggesting better cost management, revenue growth, or a combination of both.
Post-September 2024, the net profit margin slightly declines but remains relatively high, at 10.00% in March 2025 and 9.72% in June 2025. Overall, the data reveals a consistent upward trajectory in Fabrinet’s net profit margin over the observed period, with periods of stabilization and a recent peak in mid-2024. This trend underscores an enhancement in the company's ability to convert revenue into profit, reflecting potentially improved operational efficiency or favorable market conditions.
Peer comparison
Jun 30, 2025