SanDisk Corp (SNDK)

Operating 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
Operating income (ttm) US$ in thousands 696,549 616,625 737,764 920,637 1,233,372 1,601,359 1,769,724 1,757,891 1,733,793 1,562,410 1,390,772 1,114,397 758,022 696,095 775,883 1,030,037 1,374,170 1,556,203 1,515,235 1,560,732
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
Operating profit margin 12.44% 11.08% 12.82% 15.21% 19.13% 24.16% 26.73% 27.05% 27.34% 25.32% 23.24% 19.79% 14.61% 13.78% 15.25% 19.69% 24.66% 27.48% 27.99% 29.84%

March 31, 2016 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $696,549K ÷ $5,598,370K
= 12.44%

The operating profit margin of SanDisk Corp fluctuated over the period from June 30, 2011, to March 31, 2016. It started at a relatively high level of 29.84% in June 2011, indicating efficient cost management and strong revenue generation. However, the margin experienced a downward trend in subsequent quarters, reaching its lowest point of 11.08% by December 31, 2015.

The company's operating profit margin rebounded slightly in the following quarter, increasing to 12.44% by March 31, 2016. This improvement may suggest that SanDisk took steps to enhance operational efficiency or adjust its cost structure. Overall, the decreasing trend in the operating profit margin from 2011 to 2015 followed by a modest recovery in 2016 highlights the dynamic nature of the company's profitability and the need for continuous monitoring and analysis of its financial performance.