What is ROE for Fabrinet in the second quarter 2024?
Fabrinet achieved a return on average equity (ROE) of
16.81 % in its second quarter 2024, this is above FN's average return on equity of 13.98%.
Fabrinet shareholder's equity over the 12 months ending in its second quarter 2024 are valued at $1,513 million
ROE fell compared to the first quarter 2024, despite the net income growth of 6.18% from the first quarter 2024.
Within the
Consumer Electronics industry 2 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
363, from total ROE ranking in the first quarter 2024 at
791.
What is ROE?