Sanmina Corporation (SANM)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	222,536	222,996	247,888	275,024	309,970	306,493	307,221	276,221	242,841	240,402	279,375	258,622	249,546	245,227	173,912	150,926	139,713	107,864	105,905	141,908
Revenue (ttm)	US$ in thousands	7,551,700	7,577,960	7,933,580	8,418,020	8,904,310	9,085,410	8,906,110	8,514,240	7,922,760	7,348,510	6,984,030	6,759,880	6,753,930	6,978,280	6,979,700	6,875,450	6,960,370	6,977,620	7,349,930	7,886,020
Net profit margin		2.95%	2.94%	3.12%	3.27%	3.48%	3.37%	3.45%	3.24%	3.07%	3.27%	4.00%	3.83%	3.69%	3.51%	2.49%	2.20%	2.01%	1.55%	1.44%	1.80%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $222,536K ÷ $7,551,700K
= 2.95%

The net profit margin of Sanmina Corporation has shown some fluctuations in recent quarters. From December 2019 to September 2020, the net profit margin remained relatively stable, fluctuating between 1.44% and 2.49%. However, starting from December 2020, there was an upward trend in the net profit margin, reaching a peak of 4.00% in March 2022.

Subsequently, there was a slight decline in the net profit margin in the following quarters, with some variability between 3.07% and 3.69%. In the most recent quarter, the net profit margin stood at 2.95%, indicating a slight decrease from the previous quarter.

Overall, while the net profit margin of Sanmina Corporation has shown variability, it has generally remained within the range of 1.44% to 4.00% over the past few years. It would be important to monitor future trends to assess the company's profitability performance consistently.