Benchmark Electronics vs Fabrinet
Fabrinet is the larger business, with $4.64bn of revenue in fiscal 2026 against $2.66bn for Benchmark Electronics (1.7 times as much). Fabrinet grew faster (35.7% against 0.1%). Fabrinet kept more of each dollar of sales as profit: a net margin of 10.2% against 0.9%. Fabrinet carries less debt relative to equity (0.0% against 19.1%).
| Latest fiscal year | Benchmark ElectronicsBHE, 2025 | FabrinetFN, 2026 |
|---|---|---|
| Revenue | $2.66bn | $4.64bn |
| Revenue growth | 0.1% | 35.7% |
| Net income | $24.9m | $473m |
| Operating margin | 2.9% | 10.0% |
| Net margin | 0.9% | 10.2% |
| Return on equity | 2.3% | 21.3% |
| Free cash flow | $88.4m | $4.2m |
| Cash | $322m | $347m |
| Total debt | $211m | $0 |
| Debt to equity | 19.1% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 1.0% | — |
| Share buybacks | $26.8m | $5.2m |
| Employees | 11,840 | 21,521 |
| Market value | $2.56bn | $12.91bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 35 (Weak) | 61 (Moderate) |
| Insider trades, 12 months | 0 buys, 19 sales | 0 buys, 15 sales |