Flex (FLEX) vs Fabrinet (FN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Flex (FLEX) has outperformed Fabrinet (FN) over the past year, gaining 108.5% versus a gain of 34.5%. Over five years, FLEX leads with a +731.7% price change compared with +407.2% for FN. Flex is the larger company by market cap ($44.09 billion vs $17.85 billion), about 2.5 times the size, while Fabrinet is growing revenue faster (+35.7% vs +8.1%).
On valuation, Flex trades at a lower forward P/E (16.9x vs 22.9x for Fabrinet). Fabrinet converts more of its revenue into profit, with a net margin of 10.2% versus 3.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FLEX | FN |
|---|---|---|
| Share price | $119.34 | $497.99 |
| Market cap | $44.09B | $17.85B |
| 1-day change | -1.68% | +1.81% |
| YTD return | +97.52% | +9.38% |
| 1-year return | +108.45% | +34.53% |
| 5-year return | +731.74% | +407.22% |
| P/E ratio (TTM) | 46.08 | 38.16 |
| Forward P/E | 16.91 | 22.86 |
| EPS (TTM) | $2.59 | $13.05 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $27.91B | $4.64B |
| Revenue growth (YoY) | +8.14% | +35.73% |
| Net income (latest FY) | $880.00M | $473.03M |
| Gross margin | 9.20% | 11.99% |
| Operating margin | 4.90% | 9.97% |
| Net margin | 3.15% | 10.19% |
| 52-week high | $166.86 | $748.89 |
| 52-week low | $53.07 | $361.19 |
| Distance from 52-week high | -28.48% | -33.50% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +34.49% | +47.41% |
| Average volume | 3.63M | 867.13K |
| Shares outstanding | 369.46M | 35.83M |
| Employees | 149,686 | 21,521 |
| Sector | Technology | Utilities |
| Industry | Electrical Products | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Flex is about 2.5 times larger than Fabrinet by market value ($44.09B vs $17.85B).
- FLEX has outperformed FN by 73.9 percentage points over the past year.
- Fabrinet is more profitable, keeping 10.2 cents of every revenue dollar as net income versus 3.2 cents for Flex.
- Fabrinet grew revenue faster in its latest fiscal year (+35.73% vs +8.14%).
- The two companies sit in different sectors: Flex in Technology and Fabrinet in Utilities.
About Flex
FLEX stock →Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.
Technology · Electrical Products · 149,686 employees
About Fabrinet
FN stock →Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, Europe, and internationally. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and testing.
Utilities · Telecommunications Equipment · 21,521 employees
FLEX vs FN FAQ
Which is bigger, Flex or Fabrinet?
Flex (FLEX) is larger, with a market capitalization of $44.09B compared with $17.85B for Fabrinet (FN).
Which stock has performed better over the past year, FLEX or FN?
FLEX returned +108.45% over the past 12 months, compared with +34.53% for FN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLEX or FN?
FN has the lower trailing P/E at 38.2, versus 46.1 for FLEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Flex and Fabrinet in the same industry?
No. Flex is in the Technology sector, while Fabrinet is in Utilities.