SanDisk Corp (SNDK)
Gross profit margin
| Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,255,392 | 2,257,069 | 2,371,981 | 2,586,289 | 2,861,560 | 3,067,848 | 3,185,233 | 3,170,088 | 3,087,257 | 2,867,483 | 2,672,069 | 2,252,997 | 1,856,955 | 1,741,949 | 1,080,208 | 1,309,668 | 1,642,323 | 1,777,405 | 1,777,405 | 1,804,269 |
| Revenue (ttm) | US$ in thousands | 5,598,370 | 5,564,870 | 5,756,970 | 6,051,180 | 6,447,990 | 6,627,690 | 6,620,300 | 6,498,960 | 6,341,210 | 6,170,000 | 5,983,640 | 5,631,680 | 5,187,680 | 5,052,510 | 5,087,930 | 5,230,770 | 5,573,500 | 5,662,140 | 5,412,620 | 5,230,260 |
| Gross profit margin | 40.29% | 40.56% | 41.20% | 42.74% | 44.38% | 46.29% | 48.11% | 48.78% | 48.69% | 46.47% | 44.66% | 40.01% | 35.80% | 34.48% | 21.23% | 25.04% | 29.47% | 31.39% | 32.84% | 34.50% |
March 31, 2016 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,255,392K ÷ $5,598,370K
= 40.29%
SanDisk Corp's gross profit margin has displayed fluctuations over the past few years. The margin trended downwards from June 2011 to June 2012, dropping from 34.50% to 25.04%. This decline may indicate increasing costs of goods sold relative to revenues during this period.
However, the gross profit margin then started to recover, reaching a peak of 48.78% in June 2014. This improvement suggests that the company may have successfully implemented cost-saving measures or benefitted from greater efficiencies in production.
After June 2014, there was a slight decline in the gross profit margin, which stabilized around the range of 40-46% until March 2016. This range is still relatively healthy and indicates that SanDisk Corp is effectively managing its production costs to generate profits.
Overall, the analysis of SanDisk Corp's gross profit margin shows some variability in performance, but the company has shown resilience by maintaining a relatively robust margin in recent periods.