Fabrinet (FN)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 296,181 | 275,901 | 254,340 | 248,387 | 247,913 | 243,316 | 234,622 | 220,344 | 200,380 | 186,604 | 173,436 | 159,941 | 148,341 | 133,952 | 124,726 | 120,573 | 113,479 | 118,412 | 118,780 | 119,062 |
| Total stockholders’ equity | US$ in thousands | 1,745,740 | 1,660,240 | 1,611,380 | 1,530,170 | 1,468,660 | 1,441,580 | 1,384,130 | 1,302,370 | 1,253,680 | 1,228,730 | 1,199,190 | 1,146,000 | 1,112,520 | 1,073,510 | 1,036,670 | 1,000,700 | 974,409 | 933,409 | 928,327 | 890,695 |
| ROE | 16.97% | 16.62% | 15.78% | 16.23% | 16.88% | 16.88% | 16.95% | 16.92% | 15.98% | 15.19% | 14.46% | 13.96% | 13.33% | 12.48% | 12.03% | 12.05% | 11.65% | 12.69% | 12.80% | 13.37% |
June 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $296,181K ÷ $1,745,740K
= 16.97%
Fabrinet's return on equity (ROE) has shown a generally positive trend over the periods presented, ranging from 12.03% to 16.97%. This indicates the company's ability to generate profit from shareholders' equity. The ROE peaked at 16.97% in June 2024, which is a positive sign for investors as it shows the company's efficiency in using shareholder funds to generate earnings.
Overall, Fabrinet has been maintaining a healthy ROE above 15%, reflecting strong profitability and efficient management of its capital structure. However, it is important to note that ROE can be influenced by various factors such as debt levels, asset turnover, and profit margins, so it is advisable to further analyze these components to get a holistic understanding of the company's financial performance.
Peer comparison
Jun 30, 2024