Sanmina Corporation (SANM)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.48% | 8.48% | 8.47% | 8.42% | 8.35% | 8.17% | 8.10% | 7.94% | 7.85% | 7.89% | 7.94% | 7.82% | 7.82% | 7.88% | 7.80% | 7.73% | 7.55% | 7.39% | 7.24% | 7.32% |
| Operating profit margin | 4.44% | 4.55% | 4.67% | 4.93% | 5.12% | 5.06% | 4.99% | 4.69% | 4.41% | 4.25% | 4.20% | 4.17% | 4.12% | 4.09% | 3.97% | 3.44% | 3.15% | 2.99% | 2.88% | 3.37% |
| 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% |
| 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% |
Sanmina Corporation's profitability ratios have shown fluctuating trends over the last few quarters. The gross profit margin has remained relatively stable around 8%, indicating the efficiency of the company in managing its production costs.
However, the operating profit margin and net profit margin have shown some variability, with operating profit margin ranging from 2.88% to 5.12% and net profit margin moving between 1.44% to 4.00%. This suggests that the company's ability to generate profits from its core operations has been inconsistent.
The pretax margin has also demonstrated fluctuations, ranging from 2.41% to 4.43%, indicating variability in the company's ability to control its costs and expenses before taxes.
Overall, Sanmina Corporation's profitability ratios suggest that while the company has maintained a stable gross profit margin, there have been challenges in consistently translating this into operating and net profits over the analyzed periods. Further analysis of cost management and revenue generation strategies may be needed to improve overall profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.96% | 7.40% | 7.90% | 8.98% | 9.35% | 9.27% | 8.83% | 25.31% | 7.23% | 6.58% | 6.30% | 6.26% | 6.61% | 7.14% | 7.36% | 6.26% | 5.81% | 4.66% | 4.86% | 6.94% |
| Return on assets (ROA) | 4.61% | 4.78% | 5.29% | 5.96% | 6.36% | 6.18% | 6.11% | 17.49% | 5.02% | 5.07% | 6.01% | 5.74% | 5.93% | 6.13% | 4.62% | 3.99% | 3.70% | 2.41% | 2.43% | 3.71% |
| Return on total capital | 13.56% | 92.30% | 96.80% | 105.60% | 17.25% | 110.12% | 15.85% | 93.48% | 85.18% | 15.06% | 15.61% | 14.14% | 13.75% | 14.82% | 13.86% | 12.47% | 11.75% | 10.32% | 10.40% | 13.05% |
| Return on equity (ROE) | 10.13% | 323.24% | 356.50% | 407.21% | 14.29% | 465.22% | 13.85% | 436.54% | 431.14% | 13.59% | 15.48% | 13.96% | 13.28% | 13.33% | 10.02% | 8.99% | 8.61% | 6.52% | 6.55% | 8.45% |
Sanmina Corporation's profitability ratios show varying trends over the past few quarters.
- Operating return on assets (Operating ROA) has been relatively stable in the range of 6.30% to 9.35% over the last few quarters, indicating the company's ability to generate operating profits from its assets.
- Return on assets (ROA) has also been consistent, with fluctuations between 2.41% and 6.36%. This metric indicates the company's efficiency in generating profit from its total assets.
- Return on total capital shows significant fluctuations, ranging from 10.32% to 110.12%. The sharp variations may indicate changes in the company's capital structure and its ability to generate returns on both debt and equity capital.
- Return on equity (ROE) has been volatile, with dramatic swings from 6.52% to 465.22%. The high ROE figures in some quarters may suggest the company's ability to generate substantial profits for its shareholders, but the inconsistency raises questions about the sustainability of these returns.
Overall, while Sanmina Corporation has shown consistent performance in terms of operating return on assets and return on assets, the fluctuations in return on total capital and return on equity signal potential volatility and varying levels of profitability.