Sandisk Corp (SNDK)
Profitability ratios
Return on sales
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Gross profit margin | 30.07% | 16.09% | 7.07% | 33.26% | 40.56% |
| Operating profit margin | 6.89% | -7.02% | -33.44% | 12.30% | 11.08% |
| Pretax margin | -20.11% | -7.55% | -32.90% | 12.65% | 7.15% |
| Net profit margin | -22.31% | -10.09% | -35.21% | 10.91% | 6.98% |
The profitability ratios for Sandisk Corp over the specified periods reflect significant fluctuations and trends.
The gross profit margin demonstrates a decline from 40.56% as of December 31, 2015, to a low of 7.07% on June 30, 2023. Although there has been some recovery, reaching 16.09% on June 30, 2024, the margin decreases once again to 30.07% by June 30, 2025. This pattern indicates a substantial reduction in the efficiency of core production or procurement processes over the years, eventually accompanied by a partial recovery.
Operating profit margin exhibits a similar pattern, declining from 11.08% in 2015 to a negative value of -33.44% in 2023. While the margin improves slightly to -7.02% in 2024, it remains negative, and then turns positive again to 6.89% in 2025. This suggests that the company's core operating activities have faced considerable challenges, leading to operating losses during certain periods, but show signs of profitability reemerging.
Pre-tax margin follows the same oscillating pattern, dropping from 7.15% in 2015 to -32.90% on June 30, 2023. Although there is some improvement in 2024, with a negative value of -7.55%, and further advance to -20.11% in 2025, the margins consistently indicate diminished profitability before tax obligations.
Net profit margin aligns with these trends, moving from 6.98% in 2015 to 10.91% in 2022, then plummeting to -35.21% in mid-2023. The negative net margin persists through 2024 (-10.09%) and 2025 (-22.31%), reflecting the company's struggles to generate profit after all expenses and taxes.
Overall, the data depicts a period of declining profitability for Sandisk Corp, characterized by significant losses starting around 2023. Although some margins show signs of recovery towards 2025, the company continues to face challenges in maintaining consistent profitability, highlighting volatility in operational and net income performance over the analyzed timeframe.
Return on investment
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.90% | -3.47% | -14.73% | 7.61% | 6.68% |
| Return on assets (ROA) | -12.64% | -4.98% | -15.51% | 6.75% | 4.21% |
| Return on total capital | 0.00% | -4.01% | -11.32% | 9.37% | 9.49% |
| Return on equity (ROE) | -17.81% | -6.06% | -18.73% | 8.20% | 6.77% |
The profitability ratios for Sandisk Corp indicate notable fluctuations over the period from December 31, 2015, to June 30, 2025.
In 2015, the company's Operating Return on Assets (Operating ROA) was approximately 6.68%, with a Return on Assets (ROA) of 4.21%, suggesting a moderate level of efficiency in generating operating income and net income relative to total assets. The Return on Total Capital stood at 9.49%, and the Return on Equity (ROE) was 6.77%, reflecting the company's ability to generate profits from both debt and equity shareholders' investments.
By June 30, 2022, profitability metrics improved somewhat, with Operating ROA increasing to 7.61% and ROA rising to 6.75%, indicating enhanced efficiency and profitability. The return on total capital remained relatively stable at 9.37%, and ROE increased marginally to 8.20%, signifying improved shareholder returns.
However, a significant downturn is observed by June 30, 2023. Operating ROA plummeted to -14.73%, while ROA declined sharply to -15.51%. The return on total capital also suffered a substantial negative shift, recording -11.32%, and ROE turned negative at -18.73%. These figures suggest that the company's profitability deteriorated markedly during this period, likely due to adverse operational or market conditions, leading to substantial losses.
The trend of declining profitability persisted into June 30, 2024, with Operating ROA at -3.47%, ROA at -4.98%, and the return on total capital at -4.01%. While less severe than the previous year, these ratios remain negative, indicating ongoing challenges in generating profits. ROE worsened further to -6.06%, reflecting continued erosion of shareholder value.
By June 30, 2025, some improvement is observed in the profitability ratios. Operating ROA increased to 3.90%, ROA improved to -12.64%, and the return on total capital reached 0.00%. Nonetheless, all three ratios remain weak, with negative levels in most cases, except for the return on total capital, which has stabilized. ROE remains negative at -17.81%, demonstrating ongoing profitability concerns.
Overall, the data depicts a period of relative stability and moderate profitability for Sandisk Corp in 2015 and 2022, followed by a substantial decline into losses by 2023 and 2024. The partial recovery in 2025 suggests some operational improvements, yet profitability remains significantly strained relative to earlier periods.