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Fabrinet FN Free cash flow margin

Free cash flow margin at other companies

Flex Ltd. logo
Flex Ltd.FLEX
3.8%-0.4pp
Sanmina Corp logo
Sanmina CorpSANM
6.5%+3.1pp
Jabil logo
JabilJBL
3.9%-0.7pp
Celestica logo
CelesticaCLS
3.6%+0.3pp
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
4.2%
Coherent logo
CoherentCOHR
-8.1%-12.7pp

Other financials

Income statement

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Revenue$1.2B+39.3%
Gross profit$144.3M+41.3%
Operating income$120.0M+52.2%
Net income$125.2M+54.0%
EPS (diluted)$3.45+53.3%

Balance sheet

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Cash & equivalents$357.3M+16.4%
Total debt$4.4M-22.7%
Total equity$2.3B+20.8%
Total assets$3.5B+34.0%

Cash flow

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Operating cash flow$52.9M-28.7%
CapEx$63.8M+124%
Free cash flow$57.3M-8.9%

Valuation

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Market cap$20.56B+163%
Enterprise value$20.2B+169%
P/E48.8×+24.9×
P/S4.9×+2.5×

Profitability

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Gross margin12%-0.1pp
Operating margin9.9%+0.4pp
Net margin9.9%-0.1pp

Returns & leverage

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Return on equity20%+1.7pp
Debt / equity0.0×
Current ratio2.5×-0.8×

Where this comes from

Calculated from Fabrinet’s reported figures.

Based on trailing twelve months.

The official record: Fabrinet’s 10-Q, filed November 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fabrinet's free cash flow margin?
Fabrinet (FN) reported free cash flow margin of 5.6% in Q3 2025.
How has Fabrinet's free cash flow margin changed year-over-year?
Fabrinet's free cash flow margin decreased by 42.9% year-over-year, from 9.8% to 5.6%.
What is the long-term trend for Fabrinet's free cash flow margin?
Over 4 years (2021 to 2025), Fabrinet's free cash flow margin has grown at a 9.4% compound annual growth rate (CAGR), from 4.2% to 6.1%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.