Fabrinet
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $346.7M | $306.4M | $410.0M | $231.4M | $198.0M | $303.0M | $225.4M | $180.8M |
| Accounts Receivable | $1.02B | $758.9M | $592.5M | $531.8M | $452.7M | $336.5M | $272.7M | $260.6M |
| Inventory | $1.02B | $581.0M | $463.2M | $519.6M | $557.1M | $422.1M | $309.8M | $293.6M |
| Total Current Assets | $3.16B | $2.43B | $2.01B | $1.65B | $1.53B | $1.35B | $1.14B | $1.02B |
| Property, Plant & Equipment | $615.1M | $380.6M | $307.2M | $310.4M | $292.3M | $241.1M | $228.3M | $210.7M |
| Goodwill | — | — | — | — | — | — | — | $3.7M |
| Intangible Assets (Excl. Goodwill) | $2.5M | $2.2M | $2.3M | $2.4M | $3.5M | $4.4M | $4.3M | $3.9M |
| Total Assets | $3.91B | $2.83B | $2.34B | $1.98B | $1.84B | $1.62B | $1.38B | $1.26B |
| Liabilities | ||||||||
| Accounts Payable | $1.01B | $637.4M | $441.8M | $381.1M | $439.7M | $346.6M | $251.6M | $257.6M |
| Total Current Liabilities | $1.40B | $809.8M | $557.9M | $481.9M | $538.5M | $444.4M | $334.4M | $313.0M |
| Long-Term Debt | — | — | — | $0 | $15.2M | $27.4M | $39.5M | $57.7M |
| Total Liabilities | $1.46B | $849.6M | $592.8M | $511.0M | $582.0M | $503.6M | $407.6M | $392.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.57B | $2.09B | $1.76B | $1.46B | $1.22B | $1.02B | $868.1M | $754.6M |
| Total Stockholders' Equity | $2.45B | $1.98B | $1.75B | $1.47B | $1.25B | $1.11B | $974.4M | $863.1M |
This is one of the keys to successful investing: focus on the companies, not on the stocks.