Fabrinet (FN)
Operating profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 277,605 | 265,698 | 256,217 | 253,488 | 251,704 | 246,706 | 238,539 | 223,699 | 204,518 | 191,709 | 175,726 | 160,146 | 150,753 | 135,284 | 124,833 | 121,032 | 117,402 | 121,342 | 126,420 | 126,874 |
| Revenue (ttm) | US$ in thousands | 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 | 1,641,836 | 1,641,850 | 1,629,591 | 1,606,454 |
| Operating profit margin | 9.63% | 9.54% | 9.42% | 9.48% | 9.52% | 9.57% | 9.63% | 9.42% | 9.04% | 8.78% | 8.37% | 8.06% | 8.02% | 7.62% | 7.31% | 7.21% | 7.15% | 7.39% | 7.76% | 7.90% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $277,605K ÷ $2,882,967K
= 9.63%
Fabrinet's operating profit margin has shown a relatively stable trend over the past few quarters, ranging between 7.15% and 9.63%. The company's operating profit margin peaked at 9.63% in Jun 30, 2024, and reached its lowest point at 7.15% in Sep 30, 2020. This indicates that Fabrinet has been able to maintain a healthy level of profitability relative to its revenue over the period analyzed. It is important to note that a consistently strong operating profit margin demonstrates effective cost management and operational efficiency within the company. Investors and analysts may view a stable or improving operating profit margin positively, as it implies that the company is effectively converting its revenue into profits.
Peer comparison
Jun 30, 2024