Fabrinet (FN)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 311,354 | 260,096 | 206,966 | 150,484 | 119,242 |
| Revenue | US$ in thousands | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 | 1,641,840 |
| Pretax margin | 10.80% | 9.83% | 9.15% | 8.01% | 7.26% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $311,354K ÷ $2,882,970K
= 10.80%
Fabrinet's pretax margin has been showing a positive trend over the past five years, indicating improving efficiency in generating profits before taxes relative to revenue. The pretax margin increased from 7.26% in June 2020 to 10.80% in June 2024, demonstrating a consistent growth trajectory. This suggests that the company has been able to effectively manage its operating expenses and generate higher profit margins over the years. The upward trend in pretax margin indicates a favorable financial performance and may reflect increased operational efficiency and profitability for Fabrinet.
Peer comparison
Jun 30, 2024