Sanmina Corporation (SANM)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 302,320 | 395,264 | 302,320 | 281,641 | 200,713 |
| Revenue | US$ in thousands | 7,568,330 | 8,898,760 | 7,890,480 | 6,756,640 | 6,960,370 |
| Pretax margin | 3.99% | 4.44% | 3.83% | 4.17% | 2.88% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $302,320K ÷ $7,568,330K
= 3.99%
The pretax margin of Sanmina Corporation has fluctuated over the past five years, ranging from 2.88% in 2020 to 4.44% in 2023. The pretax margin measures the company's profitability before taking into account taxes, indicating the efficiency of its operations in generating profits.
In 2024, the pretax margin decreased to 3.99% from the previous year's 4.44%, signaling a reduction in profitability relative to total revenues. Despite this decline, the company's ability to generate profits before tax remains stable over the period under review.
Overall, the pretax margin of Sanmina Corporation demonstrates a moderate level of profitability, and further analysis of the company's cost structure and revenue sources may provide insights into the factors impacting its financial performance.
Peer comparison
Sep 30, 2024