• Fabrinet average operating margin for 2023 was 9.48%, a 3.04% increase from 2022.
• Fabrinet average operating margin for 2022 was 9.2%, a 14.14% increase from 2021.
• Fabrinet average operating margin for 2021 was 8.06%, a 11.02% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.