Fabrinet (FN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 324,516 | 308,700 | 301,151 | 290,568 | 277,605 | 265,698 | 256,217 | 253,488 | 251,704 | 245,594 | 237,427 | 222,587 | 203,406 | 191,709 | 175,726 | 160,146 | 150,753 | 135,284 | 124,833 | 121,032 |
| 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 |
| Operating profit margin | 9.49% | 9.46% | 9.64% | 9.68% | 9.63% | 9.54% | 9.42% | 9.48% | 9.52% | 9.53% | 9.59% | 9.37% | 8.99% | 8.78% | 8.37% | 8.06% | 8.02% | 7.62% | 7.31% | 7.21% |
June 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $324,516K ÷ $3,419,327K
= 9.49%
Fabrinet's operating profit margin demonstrates a trend of steady improvement over the examined period. Starting at 7.21% as of September 30, 2020, the margin increased incrementally to reach 9.68% by September 30, 2024. Throughout this timeframe, the margin displayed consistent growth with minor fluctuations, reflecting a gradual enhancement in operational efficiency and profitability.
From late 2020 onward, the operating profit margin exhibited a positive trajectory, indicating effective management of operating expenses relative to revenue. The period between September 2022 and September 2024 is characterized by relatively stable margins fluctuating around the 9.4% to 9.7% range. Notably, in the most recent data, the margin stood at 9.46% as of March 31, 2025, slightly lower than its peak but still indicating a maintained level of operational profitability.
Overall, the data portrays Fabrinet as a company demonstrating consistent improvement in operating profitability over the past few years, with a tendency toward stability in recent periods. This trend suggests strong operational control and effective cost management, which contribute to sustained profitability margins within the high-eighth and low-ninth percentage range.
Peer comparison
Jun 30, 2025