15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 19.8% per year over the past 5 years.
Net income has grown faster than revenue (26.1% vs 19.8% per year).
Operating margin has expanded, at 10.0% in the latest year.
Free cash flow has declined 43.9% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-33.2% vs 19.8% per year).
Operating income covered interest expense 5511× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$4.6B
$473M
12.0%
10.0%
19.3%
12.1%
$4M
—
$347M
2025
$3.4B
$333M
12.1%
9.5%
16.8%
11.7%
$207M
—
$306M
2024
$2.9B
$296M
12.4%
9.6%
17.0%
12.7%
$366M
—
$410M
2023
$2.6B
$248M
12.7%
9.5%
16.9%
12.5%
$152M
$12M
$231M
2022
$2.3B
$200M
12.3%
9.0%
16.0%
10.9%
$35M
$27M
$198M
2021
$1.9B
$148M
11.8%
8.0%
13.3%
9.2%
$76M
$40M
$303M
2020
$1.6B
$113M
11.3%
7.2%
11.6%
8.2%
$108M
$52M
$225M
2019
$1.6B
$121M
11.3%
7.7%
14.0%
9.6%
$129M
$61M
$181M
2018
$1.4B
$84M
11.2%
6.8%
11.4%
7.7%
$104M
—
$158M
2017
$1.4B
$97M
12.1%
7.5%
14.2%
9.4%
$3M
—
$134M
2016
$977M
$62M
12.2%
7.1%
11.2%
7.2%
$6M
—
$143M
2015
$774M
$44M
11.3%
6.1%
9.1%
6.5%
—
—
$113M
2014
$678M
$92M
11.0%
13.5%
21.5%
16.2%
$56M
—
$233M
2013
$642M
$69M
10.8%
11.0%
21.2%
14.9%
$38M
$29M
$150M
2012
$565M
-$56M
11.0%
-10.8%
-22.5%
-12.2%
-$33M
$39M
$116M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$1.3B
$139M
12.0%
10.2%
5.7%
3.6%
-$37M
—
$347M
Mar '26
$1.2B
$125M
11.9%
9.9%
5.4%
3.6%
-$11M
—
$357M
Dec '25
$1.1B
$113M
12.2%
10.1%
5.2%
3.4%
-$5M
—
$320M
Sep '25
$978M
$96M
11.9%
9.6%
4.7%
3.2%
$57M
—
$305M
Jun '25
$910M
$87M
12.2%
9.8%
4.4%
3.1%
$5M
—
$306M
Mar '25
$872M
$81M
11.7%
9.0%
4.3%
3.1%
$46M
—
$307M
Dec '24
$834M
$87M
12.1%
9.5%
4.7%
3.4%
$94M
—
$404M
Sep '24
$804M
$77M
12.3%
9.6%
4.2%
3.2%
$63M
—
$401M
Jun '24
$753M
$81M
12.3%
9.7%
4.6%
3.5%
$70M
—
$410M
Mar '24
$732M
$81M
12.4%
9.7%
4.9%
3.6%
$87M
—
$385M
Dec '23
$713M
$69M
12.4%
9.7%
4.3%
3.2%
$74M
—
$334M
Sep '23
$685M
$65M
12.3%
9.3%
4.3%
3.2%
$134M
—
$308M
Jun '23
$656M
$61M
12.5%
9.4%
4.1%
3.1%
$53M
$12M
$231M
Mar '23
$665M
$59M
12.9%
9.3%
4.1%
2.9%
$17M
$15M
$231M
Dec '22
$669M
$63M
12.7%
9.9%
4.6%
3.2%
$31M
$18M
$251M
Sep '22
$655M
$65M
12.6%
9.5%
5.0%
3.5%
$50M
$21M
$255M
Jun '22
$588M
$56M
12.7%
9.6%
4.5%
3.1%
$2M
$27M
$198M
Mar '22
$564M
$51M
12.5%
9.5%
4.1%
2.8%
$27M
$30M
$269M
Dec '21
$567M
$49M
12.2%
9.1%
4.1%
2.8%
$1M
$33M
$277M
Sep '21
$543M
$45M
11.7%
7.9%
3.9%
2.7%
$4M
$36M
$270M
Valuation over time
How the market has priced FN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 21.2× (Mar '23) to 26.9× (Nov '26).
The price-to-sales ratio has risen from 1.9× (Mar '23) to 2.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is FN growing its revenue and profit?
Over the past 5 years, Fabrinet's revenue has grown 19.8% per year, and net income grown 26.1% per year. These are computed facts, not advice.
How much debt does FN have?
As of FY2026, Fabrinet reported — of total debt against $347M of cash; operating income covered interest expense 5511×.
What is FN's profit margin?
In FY2026, gross margin was 12.0%, operating margin 10.0%, and net margin 10.2%.
What is FN's P/E ratio?
Fabrinet's P/E (TTM) is 26.89 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 26.9× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.