Sanmina Corporation (SANM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 302,198 | 304,514 | 326,506 | 360,642 | 391,649 | 385,979 | 371,707 | 336,707 | 305,942 | 291,081 | 309,596 | 286,036 | 281,641 | 296,124 | 257,994 | 221,815 | 200,508 | 178,178 | 177,492 | 235,495 |
| 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 |
| Pretax margin | 4.00% | 4.02% | 4.12% | 4.28% | 4.40% | 4.25% | 4.17% | 3.95% | 3.86% | 3.96% | 4.43% | 4.23% | 4.17% | 4.24% | 3.70% | 3.23% | 2.88% | 2.55% | 2.41% | 2.99% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $302,198K ÷ $7,551,700K
= 4.00%
Sanmina Corporation's pretax margin has shown fluctuations over the past eight quarters. The company's pretax margin has generally remained in the range of 3.70% to 4.43%, with the highest pretax margin of 4.43% observed in the second quarter of 2022 and the lowest of 2.88% seen in the fourth quarter of 2020.
Overall, the trend in pretax margin indicates some variability in the company's ability to generate profits before taxes relative to its revenue during the period under review. It is essential for Sanmina Corporation to closely monitor its cost structure and revenue generation to maintain and improve its pretax margin in the future.
Peer comparison
Sep 30, 2024