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Fabrinet FN Net debt / EBITDA

Net debt / EBITDA at other companies

Flex Ltd. logo
Flex Ltd.FLEX
1.1×-0.1×
Sanmina Corp logo
Sanmina CorpSANM
1.4×+1.1×
Jabil logo
JabilJBL
1.2×+0.2×
Celestica logo
CelesticaCLS
0.5×-0.6×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
17×
Coherent logo
CoherentCOHR
3.4×-4.7×

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
FCF margin5.6%-4.2pp

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 the most recent quarter.

The official record: Fabrinet’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fabrinet's net debt / EBITDA?
Fabrinet (FN) reported net debt / EBITDA of -0.7× in Q1 2026.
How has Fabrinet's net debt / EBITDA changed year-over-year?
Fabrinet's net debt / EBITDA increased by 8.7% year-over-year, from -0.8× to -0.7×.
What is the long-term trend for Fabrinet's net debt / EBITDA?
Over 4 years (2021 to 2025), Fabrinet's net debt / EBITDA has grown at a -14.4% compound annual growth rate (CAGR), from -1.4× to -0.7×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.