Sandisk Corp (SNDK)

Operating return on assets (Operating ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Dec 31, 2015
Operating income US$ in thousands 507,000 -468,000 -2,035,000 1,200,000 616,625
Total assets US$ in thousands 12,985,000 13,506,000 13,820,000 15,761,000 9,230,760
Operating ROA 3.90% -3.47% -14.73% 7.61% 6.68%

June 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $507,000K ÷ $12,985,000K
= 3.90%

The operating return on assets (ROA) of Sandisk Corp has exhibited significant fluctuations over the analyzed period, reflecting dynamic changes in the company's operational efficiency and asset utilization. As of December 31, 2015, the operating ROA was approximately 6.68%, indicating a moderate level of operational profitability relative to the company's total assets at that time.

By June 30, 2022, the operating ROA improved to approximately 7.61%, suggesting an enhancement in operational efficiency and better utilization of assets to generate operating income. However, this positive trend was notably reversed by June 30, 2023, when the operating ROA dropped sharply to around -14.73%. The negative value indicates that, during this period, the company incurred operational losses relative to its assets, which could be attributed to factors such as declining sales, increased operating expenses, or other operational challenges.

In the subsequent year, as of June 30, 2024, the operating ROA experienced a partial recovery to approximately -3.47%, signaling some improvement in operational performance, although still reflecting losses relative to assets. Finally, by June 30, 2025, the operating ROA projected a return to positive territory at around 3.90%, indicating a potential turnaround and a return to operational profitability.

Overall, the trend demonstrates periods of stability, significant deterioration, and subsequent recovery, underscoring the volatility in Sandisk's operational performance across the analyzed timeframe.