• Fabrinet average return on tangible equity for 2023 was 17.44, a 1.45% increase from 2022.
• Fabrinet average return on tangible equity for 2022 was 17.19, a 20.63% increase from 2021.
• Fabrinet average return on tangible equity for 2021 was 14.25, a 12.56% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.