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Fabrinet (Fabrinet) Gross Profit : $346 Mil (TTM As of Mar. 2024)


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What is Fabrinet Gross Profit?

Fabrinet's gross profit for the three months ended in Mar. 2024 was $91 Mil. Fabrinet's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $346 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fabrinet's gross profit for the three months ended in Mar. 2024 was $91 Mil. Fabrinet's Revenue for the three months ended in Mar. 2024 was $732 Mil. Therefore, Fabrinet's Gross Margin % for the quarter that ended in Mar. 2024 was 12.43%.

Fabrinet had a gross margin of 12.43% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Fabrinet was 12.71%. The lowest was 10.95%. And the median was 11.57%.


Fabrinet Gross Profit Historical Data

The historical data trend for Fabrinet's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fabrinet Gross Profit Chart

Fabrinet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.22 186.11 221.36 278.59 336.27

Fabrinet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.01 82.30 84.40 88.33 90.94

Competitive Comparison of Fabrinet's Gross Profit

For the Electronic Components subindustry, Fabrinet's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fabrinet's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fabrinet's Gross Profit falls into.



Fabrinet Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Fabrinet's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=2645.237 - 2308.964
=336

Fabrinet's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=731.535 - 640.6
=91

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $346 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Fabrinet's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=91 / 731.535
=12.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Fabrinet  (NYSE:FN) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Fabrinet had a gross margin of 12.43% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Fabrinet Gross Profit Related Terms

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Fabrinet (Fabrinet) Business Description

Traded in Other Exchanges
Address
C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.
Executives
Thomas F Kelly director 57 STEVENSON LANE, ATHERTON CA 94027
Edward T. Archer officer: EVP, Sales & Marketing 3736 FALLON ROAD #428, DUBLIN CA 94568
Csaba Sverha officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Seamus Grady director, officer: Chief Executive Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Homa Bahrami director 4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Rollance E. Olson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harpal Gill officer: EVP & Chief Operating Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
David T. Mitchell director, 10 percent owner, officer: CEO & President 3736 FALLON ROAD #428, DUBLIN CA 94568
Darlene S. Knight director 4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Toh-seng Ng officer: EVP & Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Greg Dougherty director 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Hong Q Hou officer: EVP & Chief Technical Officer
John Marchetti officer: Chief Strategy Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Paul Kalivas officer: Secretary & General Counsel 4104 24TH STREET #345, SAN FRANCISCO CA 94114