vs

Side-by-side financial comparison of Fabrinet (FN) and Pentair (PNR). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.1× Pentair). Pentair runs the higher net margin — 16.6% vs 9.9%, a 6.7% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 2.6%). Fabrinet produced more free cash flow last quarter ($-5.3M vs $-85.7M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -2.9%).

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

Pentair plc (PNR) is an American water treatment company incorporated in Ireland with tax residency in UK, with its main U.S. office in Golden Valley, Minnesota. Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. PNR was reorganized in 2014, shifting the corporate domicile from Switzerland to Ireland.

FN vs PNR — Head-to-Head

Bigger by revenue
FN
FN
1.1× larger
FN
$1.1B
$1.0B
PNR
Growing faster (revenue YoY)
FN
FN
+33.3% gap
FN
35.9%
2.6%
PNR
Higher net margin
PNR
PNR
6.7% more per $
PNR
16.6%
9.9%
FN
More free cash flow
FN
FN
$80.4M more FCF
FN
$-5.3M
$-85.7M
PNR
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-2.9%
PNR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FN
FN
PNR
PNR
Revenue
$1.1B
$1.0B
Net Profit
$112.6M
$172.4M
Gross Margin
12.2%
41.8%
Operating Margin
10.1%
20.3%
Net Margin
9.9%
16.6%
Revenue YoY
35.9%
2.6%
Net Profit YoY
30.0%
11.3%
EPS (diluted)
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FN
FN
PNR
PNR
Q1 26
$1.0B
Q4 25
$1.1B
$1.0B
Q3 25
$978.1M
$1.0B
Q2 25
$909.7M
$1.1B
Q1 25
$871.8M
$1.0B
Q4 24
$833.6M
$972.9M
Q3 24
$804.2M
$993.4M
Q2 24
$753.3M
$1.1B
Net Profit
FN
FN
PNR
PNR
Q1 26
$172.4M
Q4 25
$112.6M
$166.1M
Q3 25
$95.9M
$184.3M
Q2 25
$87.2M
$148.5M
Q1 25
$81.3M
$154.9M
Q4 24
$86.6M
$166.4M
Q3 24
$77.4M
$139.6M
Q2 24
$81.1M
$186.1M
Gross Margin
FN
FN
PNR
PNR
Q1 26
41.8%
Q4 25
12.2%
40.4%
Q3 25
11.9%
41.0%
Q2 25
12.2%
40.7%
Q1 25
11.7%
39.9%
Q4 24
12.1%
38.8%
Q3 24
12.3%
39.6%
Q2 24
12.3%
39.8%
Operating Margin
FN
FN
PNR
PNR
Q1 26
20.3%
Q4 25
10.1%
20.1%
Q3 25
9.6%
22.7%
Q2 25
9.8%
19.4%
Q1 25
9.0%
20.1%
Q4 24
9.5%
20.1%
Q3 24
9.6%
18.1%
Q2 24
9.7%
22.6%
Net Margin
FN
FN
PNR
PNR
Q1 26
16.6%
Q4 25
9.9%
16.3%
Q3 25
9.8%
18.0%
Q2 25
9.6%
13.2%
Q1 25
9.3%
15.3%
Q4 24
10.4%
17.1%
Q3 24
9.6%
14.1%
Q2 24
10.8%
16.9%
EPS (diluted)
FN
FN
PNR
PNR
Q1 26
Q4 25
$3.11
$1.01
Q3 25
$2.66
$1.12
Q2 25
$2.41
$0.90
Q1 25
$2.25
$0.93
Q4 24
$2.38
$0.99
Q3 24
$2.13
$0.84
Q2 24
$2.22
$1.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FN
FN
PNR
PNR
Cash + ST InvestmentsLiquidity on hand
$960.8M
$67.7M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$2.2B
$3.8B
Total Assets
$3.3B
$7.1B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
PNR
PNR
Q1 26
$67.7M
Q4 25
$960.8M
Q3 25
$968.8M
$128.4M
Q2 25
$934.2M
$143.0M
Q1 25
$950.7M
$140.6M
Q4 24
$934.6M
$118.7M
Q3 24
$908.9M
$218.1M
Q2 24
$858.6M
$214.3M
Total Debt
FN
FN
PNR
PNR
Q1 26
$1.9B
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.4B
Q1 25
$1.8B
Q4 24
$1.6B
Q3 24
Q2 24
$1.8B
Stockholders' Equity
FN
FN
PNR
PNR
Q1 26
$3.8B
Q4 25
$2.2B
$3.9B
Q3 25
$2.1B
$3.8B
Q2 25
$2.0B
$3.7B
Q1 25
$1.9B
$3.6B
Q4 24
$1.8B
$3.6B
Q3 24
$1.8B
$3.5B
Q2 24
$1.7B
$3.4B
Total Assets
FN
FN
PNR
PNR
Q1 26
$7.1B
Q4 25
$3.3B
$6.9B
Q3 25
$3.0B
$6.8B
Q2 25
$2.8B
$6.5B
Q1 25
$2.6B
$6.7B
Q4 24
$2.5B
$6.4B
Q3 24
$2.4B
$6.5B
Q2 24
$2.3B
$6.5B
Debt / Equity
FN
FN
PNR
PNR
Q1 26
0.51×
Q4 25
0.42×
Q3 25
0.42×
Q2 25
0.38×
Q1 25
0.51×
Q4 24
0.46×
Q3 24
Q2 24
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FN
FN
PNR
PNR
Operating Cash FlowLast quarter
$46.3M
Free Cash FlowOCF − Capex
$-5.3M
$-85.7M
FCF MarginFCF / Revenue
-0.5%
-8.3%
Capex IntensityCapex / Revenue
4.6%
1.8%
Cash ConversionOCF / Net Profit
0.41×
TTM Free Cash FlowTrailing 4 quarters
$102.3M
$716.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
PNR
PNR
Q1 26
Q4 25
$46.3M
$50.8M
Q3 25
$102.6M
$196.3M
Q2 25
$55.1M
$606.6M
Q1 25
$74.2M
$-38.9M
Q4 24
$115.9M
$86.5M
Q3 24
$83.2M
$248.6M
Q2 24
$83.1M
$539.2M
Free Cash Flow
FN
FN
PNR
PNR
Q1 26
$-85.7M
Q4 25
$-5.3M
$27.1M
Q3 25
$57.3M
$178.9M
Q2 25
$4.7M
$595.7M
Q1 25
$45.7M
$-55.7M
Q4 24
$94.0M
$63.8M
Q3 24
$62.9M
$233.2M
Q2 24
$70.4M
$522.2M
FCF Margin
FN
FN
PNR
PNR
Q1 26
-8.3%
Q4 25
-0.5%
2.7%
Q3 25
5.9%
17.5%
Q2 25
0.5%
53.0%
Q1 25
5.2%
-5.5%
Q4 24
11.3%
6.6%
Q3 24
7.8%
23.5%
Q2 24
9.3%
47.5%
Capex Intensity
FN
FN
PNR
PNR
Q1 26
1.8%
Q4 25
4.6%
2.3%
Q3 25
4.6%
1.7%
Q2 25
5.5%
1.0%
Q1 25
3.3%
1.7%
Q4 24
2.6%
2.3%
Q3 24
2.5%
1.6%
Q2 24
1.7%
1.5%
Cash Conversion
FN
FN
PNR
PNR
Q1 26
Q4 25
0.41×
0.31×
Q3 25
1.07×
1.07×
Q2 25
0.63×
4.08×
Q1 25
0.91×
-0.25×
Q4 24
1.34×
0.52×
Q3 24
1.07×
1.78×
Q2 24
1.02×
2.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

PNR
PNR

Water Solutions$391.0M38%
Pool$387.1M37%
Flow$258.1M25%

Related Comparisons