Fabrinet (FN)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 277,605 | 251,704 | 204,518 | 150,753 | 117,402 |
| Revenue | US$ in thousands | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 | 1,641,840 |
| Operating profit margin | 9.63% | 9.52% | 9.04% | 8.02% | 7.15% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $277,605K ÷ $2,882,970K
= 9.63%
Fabrinet's operating profit margin has shown a consistent upward trend over the past five years, indicating improved efficiency in generating profits from its core operations. The margin increased from 7.15% in 2020 to 9.63% in 2024. This suggests that the company has been effectively managing its operating expenses relative to its revenue, resulting in a higher proportion of revenue translating into operating profit. The trend indicates that Fabrinet has been successful in controlling costs and enhancing operational effectiveness, which is a positive signal for stakeholders as it reflects improved profitability and sustainability in the business.
Peer comparison
Jun 30, 2024