FN Fabrinet margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 65

Gross margin

11.9%

Operating margin

10%

EBITDA margin

12.8%

Net margin

9.4%

Using the latest TTM figures, Fabrinet shows a gross margin of 11.9%, an operating margin of 10%, an EBITDA margin of 12.8%, and a net margin of 9.4%. Margin expansion was strongest in EBITDA margin, which rose by 0.8 percentage points. Net margin had the strongest contraction, falling by 0.4 percentage points.

FN margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Fabrinet recorded average margins of 12.18% gross, 9.66% operating, 12.33% EBITDA, and 9.92% net. Fabrinet's current performance shows that operating and EBITDA margins are above their three-year averages and gross and net margins are below their three-year averages.

FN margin expansion

Year-over-year margin changes in percentage points

Fabrinet's operating margin expanded by 0.5 percentage points and EBITDA margin by 0.8 percentage points, but gross margin contracted by 0.1 percentage points and net margin by 0.4 percentage points.

Gross margin expansion

-0.1pp

Operating margin expansion

0.5pp

EBITDA margin expansion

0.8pp

Net margin expansion

-0.4pp

FN Gross margin

Over the last 3 years, Fabrinet's gross margin averaged 12.18%. The current gross margin of 11.9% is 0.3 percentage points below its three-year average. During this period, gross margin reached a high of 12.5% in Dec 2023 and a low of 11.9% in Sep 2026.

FN Operating margin

Across the last 3 years, Fabrinet's operating margin averaged 9.66%. The current operating margin stands at 10%, 0.3 percentage points above its three-year average. Operating margin was highest at 10% in Sep 2026 and lowest at 9.4% in Dec 2023.

FN EBITDA margin

Over the last 3 years, Fabrinet recorded an average EBITDA margin of 12.33%. Compared with its three-year average, Fabrinet's current EBITDA margin is 12.8% and is 0.5 percentage points above its three-year average. The highest EBITDA margin for Fabrinet was 13.4% in Jun 2026, while the lowest was 11.8% in Dec 2023.

FN Net margin

Over the last 3 years, Fabrinet's net margin averaged 9.92%. Currently, Fabrinet's current net margin is 9.4%, which is 0.5 percentage points below its three-year average. During this period, net margin reached a high of 10.4% in Dec 2024 and a low of 9.4% in Dec 2023.

FN margin group comparison

Margins compared with peer-group, industry and sector averages

Fabrinet's gross margin of 11.9% is lower than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 52.4%, Fabrinet's gross margin is 77% lower.

FN margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Fabrinet's gross margin?

The current gross margin for FN is 11.9% as of Sep 25, 2026.

What is Fabrinet's operating margin?

For the period ending Sep 25, 2026, FN recorded an operating margin of 10%.

What is Fabrinet's EBITDA margin?

The current EBITDA margin for FN is 12.8% as of Sep 25, 2026.

What is Fabrinet's net margin?

The current net margin for FN is 9.4% as of Sep 25, 2026.

What are the average margins of FN?

Fabrinet's average margins over the last 3 years were 12.2% gross, 9.7% operating, 12.3% EBITDA, and 9.9% net.

What are the highest historical margins of FN?

Over this 5-year history, FN peaked at 12.8% gross in Mar 2023, 10% operating in Sep 2026, 13.4% EBITDA in Jun 2026, and 10.4% net in Dec 2024.

What are the lowest historical margins of FN?

Over the last 5 years, Fabrinet's lowest margins were 11.9% gross in Sep 2026, 8.4% operating in Dec 2021, 10.2% EBITDA in Dec 2021, and 8.3% net in Dec 2021.