The absorbing structure composed of multi-layered fiber reinforced composite materials was designed and microwave absorbing properties are investigated. On the basis of transmission line theory, the theoretical equations to predict the reflection loss and the appropriate composite material for each functional layer are suggested. The most significant result of this study is the successful design and fabrication of triple-layered composite laminates which has the superior microwave absorbing porperties (more than 10 dB in 4∼12 GHz range), without using the ferrite filler in the impedance transforming layer. In the two-layered composite laminate (absorber/substrate), however, the use of ferrite filler (about 40 wt %) in the absorbing layer is necessary to obtain the certain level of microwave absorbance. By combining the glass-fiber composite with ferrite filler and carbon-fiber composite substrate, the microwave absorbing properties more than 10 dB in 4∼12 GHz frequencies than be obtained.