Sanmina Corporation (SANM)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 8.46% | 8.35% | 7.89% | 7.79% | 7.55% |
| Operating profit margin | 4.43% | 5.12% | 4.43% | 3.79% | 3.15% |
| Pretax margin | 3.99% | 4.44% | 3.83% | 4.17% | 2.88% |
| Net profit margin | 2.94% | 3.48% | 3.05% | 3.69% | 2.01% |
Sanmina Corporation's profitability ratios have shown mixed performance over the past five years.
The gross profit margin has been relatively stable, ranging from 7.55% in 2020 to 8.46% in 2024. This indicates that the company has been able to maintain a consistent level of profitability on its products or services over the years.
The operating profit margin has fluctuated, with a peak of 5.12% in 2023 and a low of 3.15% in 2020. This suggests that the company's ability to control operating expenses and generate profits from its core operations has varied.
The pretax margin has also shown variability, with a high of 4.44% in 2023 and a low of 2.88% in 2020. This indicates fluctuations in the company's ability to generate profits before accounting for taxes.
The net profit margin has followed a similar pattern, with a peak of 3.69% in 2021 and a low of 2.01% in 2020. This metric reflects the company's overall profitability after accounting for all expenses and taxes.
Overall, while Sanmina Corporation has maintained a stable gross profit margin, its operating profit margin, pretax margin, and net profit margin have shown some inconsistency over the years, indicating the company's varying levels of operational efficiency and profitability.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.96% | 9.35% | 7.23% | 6.08% | 5.81% |
| Return on assets (ROA) | 4.61% | 6.36% | 4.97% | 5.93% | 3.70% |
| Return on total capital | 13.44% | 17.39% | 84.24% | 13.75% | 11.76% |
| Return on equity (ROE) | 10.13% | 14.29% | 426.78% | 13.28% | 8.61% |
Sanmina Corporation's profitability ratios have shown fluctuations over the past five years.
1. Operating return on assets (Operating ROA) has decreased from 9.35% in 2023 to 6.96% in 2024, indicating a decline in the company's ability to generate operating profits from its assets.
2. Return on assets (ROA) has also fluctuated, with a decrease from 6.36% in 2023 to 4.61% in 2024. This metric reflects the company's overall profitability in relation to its total assets.
3. Return on total capital showed significant variability, with a sharp decline from 84.24% in 2022 to 13.44% in 2024. This ratio indicates the company's efficiency in generating returns from both equity and debt capital.
4. Return on equity (ROE) experienced considerable volatility, notably with a significant increase from 14.29% in 2023 to 426.78% in 2022, before decreasing to 10.13% in 2024. ROE reflects the company's ability to generate profits from shareholders' equity.
Overall, the profitability ratios suggest that while Sanmina Corporation has seen fluctuations in its profitability performance over the years, the company may need to focus on improving its operational efficiency and managing its capital structure effectively to enhance overall profitability. Investors and stakeholders should closely monitor these ratios to assess the company's financial health and performance.