Fabrinet (FN)
Operating profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 325,883 | 277,605 | 251,704 | 204,518 | 150,753 |
| Revenue | US$ in thousands | 3,419,330 | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 |
| Operating profit margin | 9.53% | 9.63% | 9.52% | 9.04% | 8.02% |
June 30, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $325,883K ÷ $3,419,330K
= 9.53%
The analysis of Fabrinet's operating profit margin over the period from June 30, 2021, to June 30, 2025, reveals a general trend of gradual improvement with some minor fluctuations. Starting at 8.02% on June 30, 2021, the operating profit margin increased to 9.04% by June 30, 2022, representing an improvement of approximately 1.02 percentage points. The upward trajectory continued into 2023, reaching 9.52%, which signifies a further increase of 0.48 percentage points from the prior year.
This positive trend persisted into June 2024, with the operating profit margin slightly rising to 9.63%, marking a marginal increase of 0.11 percentage points. However, by June 30, 2025, the margin slightly declined to 9.53%, indicating a modest decrease of 0.10 percentage points compared to the previous year.
Overall, the data indicates that Fabrinet has been able to steadily enhance its operating profitability over this four-year span, culminating in an operating profit margin just under 10% by mid-2024, with a very slight contraction in the final year. This pattern suggests effective cost management and revenue growth strategies sustained over the period, although the recent slight decrease may warrant further analysis to understand underlying causes such as competitive pressures, cost increases, or seasonal factors.
Peer comparison
Jun 30, 2025