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Fabrinet  (FN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

FN's Operating Income Growth by Quarter and Year

Fabrinet's Operating Income results by quarter and year




FN Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter June - 61.40 56.40 43.60
III Quarter March - 61.83 53.66 37.68
II Quarter December 69.01 66.29 51.45 35.87
I Quarter September 63.98 62.19 43.01 33.62
FY   132.99 251.71 204.52 150.77



FN Operating Income second quarter 2024 Y/Y Growth Comment
Fabrinet reported Operating Income growth of 4.11% year on year in the second quarter 2024, to $ 69.01 millions, this is lower than Fabrinet's recent average Operating Income increase of 17.52%.

According to the results reported in the second quarter 2024, Fabrinet achieved the best Operating Income growth in Consumer Electronics industry. While Fabrinet' s Operating Income increase of 4.11% ranks overall at the positon no. 112 in the second quarter 2024.

Explain Operating Income growth


FN Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter June - 8.87 % 29.36 % 54.99 %
III Quarter March - 15.23 % 42.41 % 38.38 %
II Quarter December 4.11 % 28.84 % 43.43 % 11.88 %
I Quarter September 2.88 % 44.59 % 27.93 % 12.1 %
FY   - 23.07 % 35.65 % 28.41 %

Financial Statements
Fabrinet's second quarter 2024 Operating Income $ 69.01 millions FN's Income Statement
Fabrinet's second quarter 2023 Operating Income $ 66.29 millions Quarterly FN's Income Statement
New: More FN's historic Operating Income Growth >>


FN Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter June - -0.7 % 5.11 % 15.71 %
III Quarter March - -6.73 % 4.3 % 5.05 %
II Quarter December 7.87 % 6.59 % 19.62 % 6.69 %
I Quarter September 4.2 % 10.27 % -1.35 % 19.52 %
FY (Year on Year)   - 23.07 % 35.65 % 28.41 %




Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #1
Technology Sector #22
Overall #112

Operating Income Y/Y Growth Statistics
High Average Low
68.99 % 17.52 % -48.36 %
(Dec 30 2016)   (June 30. 2015)
Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #1
Technology Sector #22
Overall #112
Operating Income Y/Y Growth Statistics
High Average Low
68.99 % 17.52 % -48.36 %
(Dec 30 2016)   (June 30. 2015)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Fabrinet's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
253.1 % 8.69 % -76.98 %
(Mar 28 2014)  


FN's II. Quarter Q/Q Operating Income Comment
Fabrinet achieved in the II. Quarter 2024 below company average Operating Income increase of 7.87% quarter on quarter, to $ 69.01 millions.

II. Quarter 2024 Fabrinet's Operating Income Q/Q growth appear to be contradictory, even if beneath the ordinary growth of 8.69 %, yet it shows a quite improvement relative to the 6.59% in the II. Quarter a year ago.

Within Consumer Electronics industry only one company achieved higher sequential Operating Income growth. While Fabrinet's Operating Income growth quarter on quarter, overall rank is 89.


Operating Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #2
Technology Sector #21
Overall #89
Operating Income Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #2
Technology Sector #21
Overall #89
Operating Income Q/Q Growth Statistics
High Average Low
253.1 % 8.69 % -76.98 %
(Mar 28 2014)  


FN's II. Quarter Q/Q Operating Income Comment
Fabrinet achieved in the II. Quarter 2024 below company average Operating Income increase of 7.87% quarter on quarter, to $ 69.01 millions.

Although the II. Quarter 2024 FN's results were lower than the ordinary , it has been still encouraging story, as the current improvement, transcends the 6.59% Operating Income rise in the II. Quarter 2023

Within Consumer Electronics industry only one company achieved higher sequential Operating Income growth. While Fabrinet's Operating Income growth quarter on quarter, overall rank is 89.


Fabrinet's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 29 2023)
12 Months Ending
(Sep 29 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 30 2022)
Cumulative Operating Income 12 Months Ending $ 256.22 $ 253.49 $ 251.70 $ 246.71 $ 238.54
Y / Y Operating Income Growth (TTM) 7.41 % 13.32 % 23.07 % 28.69 % 35.74 %
Year on Year Operating Income Growth Overall Ranking # 50 # 293 # 522 # 508 # 447
Seqeuential Operating Income Change (TTM) 1.08 % 0.71 % 2.03 % 3.42 % 6.63 %
Seq. Operating Income Growth (TTM) Overall Ranking # 112 # 571 # 1049 # 1016 # 929




Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Dec 29 2023 period, Fabrinet's cumulative twelve months Operating Income were $ 256 millions, company would post below average annual Operating Income growth of 6.63% year on year, if the fiscal year would end at Dec 29 2023.
A slow-down in the Fabrinet's Operating Income growth from the 63.98% growth in Sep 29 2023. Despite that, Fabrinet showed the highest Operating Income growth, among it's peers in Consumer Electronics industry.

Among companies within the Technology sector 6 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 50, from total ranking in previous quarter at 293.

Operating Income TTM Q/Q Growth Statistics
High Average Low
68.99 %
17.52 %
-48.36 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 1
Technology Sector # 7
Overall # 50

Operating Income TTM Y/Y Growth Statistics
High Average Low
68.99 %
17.52 %
-48.36 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 22
S&P 500 # 112
Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Dec 29 2023 period, Fabrinet's cumulative twelve months Operating Income were $ 256 millions, company would post below average annual Operating Income growth of -48.36% year on year, if the fiscal year would end at Dec 29 2023.
A slow-down in the Fabrinet's Operating Income growth from the 63.98% growth in Sep 29 2023. Despite that, Fabrinet showed the highest Operating Income growth, among it's peers in Consumer Electronics industry.

Among companies within the Technology sector 6 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 50, from total ranking in previous quarter at 293.

Operating Income TTM Q/Q Growth Statistics
High Average Low
68.99 %
17.52 %
-48.36 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 1
Technology Sector # 7
Overall # 50

Operating Income TTM Y/Y Growth Statistics
High Average Low
68.99 %
17.52 %
-48.36 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 22
S&P 500 # 112




Other Operating Income Growth
Consumer Electronics Industry Operating Income Growth Trends and Statistics
Technology Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
FN's Operating Income Growth Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for FN's Competitors
Operating Income Growth for Fabrinet's Suppliers
Operating Income Growth for FN's Customers

You may also want to know
FN's Annual Growth Rates FN's Profitability Ratios FN's Asset Turnover Ratio FN's Dividend Growth
FN's Roe FN's Valuation Ratios FN's Financial Strength Ratios FN's Dividend Payout Ratio
FN's Roa FN's Inventory Turnover Ratio FN's Growth Rates FN's Dividend Comparisons



Companies with similar Operating Income increase for the quarter ending Dec 29 2023 within Technology SectorY/Y Change %Operating Income for the quarter ending Dec 29 2023
Fortive Corporation6.88%$ 6.875 millions
Motorola Solutions inc 6.80%$ 6.802 millions
Cognizant Technology Solutions Corporation5.54%$ 5.539 millions
Automatic Data Processing Inc 5.53%$ 5.533 millions
Dynatrace Inc 5.41%$ 5.409 millions
Verisign Inc4.40%$ 4.399 millions
Fabrinet4.12%$ 4.117 millions
Stmicroelectronics N v 3.87%$ 3.875 millions
Amphenol Corporation3.60%$ 3.603 millions




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