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Fabrinet (Fabrinet) Net Income : $254 Mil (TTM As of Dec. 2023)


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What is Fabrinet Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Fabrinet's Net Income for the three months ended in Dec. 2023 was $69 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $254 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fabrinet's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.89.


Fabrinet Net Income Historical Data

The historical data trend for Fabrinet's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fabrinet Net Income Chart

Fabrinet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.96 113.48 148.34 200.38 247.91

Fabrinet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.16 59.36 60.79 65.09 69.11

Fabrinet Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Fabrinet's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=260.096+-12.183+0+0
=248

Fabrinet's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=72.903+-3.793+0+0
=69

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $254 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fabrinet  (NYSE:FN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Fabrinet's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Fabrinet Net Income Related Terms

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Fabrinet (Fabrinet) Business Description

Traded in Other Exchanges
Address
C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.
Executives
Thomas F Kelly director 57 STEVENSON LANE, ATHERTON CA 94027
Edward T. Archer officer: EVP, Sales & Marketing 3736 FALLON ROAD #428, DUBLIN CA 94568
Csaba Sverha officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Seamus Grady director, officer: Chief Executive Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Homa Bahrami director 4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Rollance E. Olson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harpal Gill officer: EVP & Chief Operating Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
David T. Mitchell director, 10 percent owner, officer: CEO & President 3736 FALLON ROAD #428, DUBLIN CA 94568
Darlene S. Knight director 4900 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Toh-seng Ng officer: EVP & Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Greg Dougherty director 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Hong Q Hou officer: EVP & Chief Technical Officer
John Marchetti officer: Chief Strategy Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Paul Kalivas officer: Secretary & General Counsel 4104 24TH STREET #345, SAN FRANCISCO CA 94114