Sanmina Corporation (SANM)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.41% | 8.34% | 8.16% | 8.09% | 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% | 7.19% | 6.95% | 6.77% |
| Operating profit margin | 4.92% | 5.11% | 5.06% | 4.98% | 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% | 3.47% | 2.83% | 2.66% |
| Pretax margin | 4.28% | 4.39% | 4.24% | 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% | 2.99% | 2.37% | 2.21% |
| Net profit margin | 3.26% | 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% | 1.72% | 1.49% | 1.42% |
Sanmina Corporation's profitability ratios have shown a mix of trends over the past few quarters. The gross profit margin, which measures the percentage of revenue that exceeds the cost of goods sold, has been relatively stable, ranging from 6.77% to 8.41%. This indicates that the company has been able to maintain a consistent level of profitability at the gross profit level.
The operating profit margin, reflecting the proportion of revenue that remains after deducting operating expenses, has shown some fluctuations, with a general increasing trend. This suggests that the company has been able to control its operating costs more effectively over time, leading to improved profitability.
The pretax margin, which indicates the percentage of revenue that remains after all operating expenses and before taxes, has varied but generally remained within a relatively narrow range. This may indicate that the company has been managing its non-operating expenses and income more efficiently to maintain profitability levels.
The net profit margin, representing the percentage of revenue that translates into net income, has also shown variability but with an increasing trend in recent quarters. This suggests that Sanmina Corporation has been improving its overall financial performance and efficiency in generating profits for its shareholders.
Overall, the analysis of Sanmina Corporation's profitability ratios indicates a generally positive trend in controlling costs and improving profitability levels over the reported quarters. However, it would be important to continue monitoring and analyzing these ratios in conjunction with other financial indicators to assess the company's overall financial health and performance.
Return on investment
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 7.33% | 5.79% | 5.05% |
| Return on assets (ROA) | 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% | 3.62% | 3.05% | 2.70% |
| Return on total capital | 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% | 13.91% | 11.46% | 13.20% |
| Return on equity (ROE) | 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% | 8.62% | 7.53% | 7.19% |
Sanmina Corporation's profitability ratios have exhibited fluctuations over the analyzed periods. The Operating Return on Assets (Operating ROA) ranged from 4.66% to 25.31%, with an average of approximately 7.72%. This indicates that, on average, the company generated about 7.72 cents of operating profit for every dollar of assets.
The Return on Assets (ROA) averaged around 5.19%, varying between 2.41% and 17.49%. This metric suggests that the company earned, on average, about 5.19 cents in profit for every dollar of assets it possessed.
The Return on Total Capital showed greater variability, ranging from 10.32% to 105.60%, averaging approximately 25.57%. This ratio reflects the company's ability to generate profits from both equity and debt sources.
Lastly, the Return on Equity (ROE) fluctuated notably, with an average of around 12.43% and ranging between 6.52% and 465.22%. This measure indicates the company's ability to generate profit for its shareholders from the equity invested in the business.
Overall, the profitability ratios of Sanmina Corporation suggest varying levels of efficiency in generating profits relative to its assets, capital, and shareholders' equity over the analyzed period.