Sandisk Corp (SNDK)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,377,000 | -1,174,000 | 772,000 | 332,000 | -446,000 | -529,889 | -376,780 | 105,628 | 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 |
| Total assets | US$ in thousands | 12,985,000 | 12,960,000 | 14,234,000 | 13,890,000 | 13,506,000 | — | — | — | 9,511,860 | 9,230,760 | 9,073,000 | 9,149,430 | 9,461,220 | 10,290,000 | 10,708,300 | 10,729,700 | 10,586,400 | 10,488,700 | 8,944,530 | 9,619,000 |
| Operating ROA | -10.60% | -9.06% | 5.42% | 2.39% | -3.30% | — | — | — | 7.32% | 6.68% | 8.13% | 10.06% | 13.04% | 15.56% | 16.53% | 16.38% | 16.38% | 14.90% | 15.55% | 11.59% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,377,000K ÷ $12,985,000K
= -10.60%
The operating return on assets (ROA) for Sandisk Corp experienced notable fluctuations over the specified period. During the fiscal year ending June 30, 2013, the operating ROA stood at approximately 11.59%, indicating a moderate level of efficiency in generating operating income relative to total assets. This positive trend continued into September 30, 2013, reaching a higher point of 15.55%, suggesting improved operational efficiency.
Throughout the subsequent quarters, the operating ROA generally maintained an elevated level, peaking at approximately 16.53% on September 30, 2014. The period from late 2014 to early 2015 saw a slight decline, with the ROA decreasing to around 13.04% by March 31, 2015, and further diminishing to 10.06% by June 30, 2015. The downward trend persisted into late 2015 and early 2016, with the ROA dropping to approximately 6.68% on December 31, 2015, and further to 7.32% by March 31, 2016, reflecting a reduction in operational efficiency amidst challenging conditions.
From late 2015 onward, the data indicates a significant decline in operating ROA, reaching notably low levels by the end of 2015 and into 2016. The data for 2023 and early 2024 is unreported; however, the recent quarter ending June 30, 2024, reveals a negative operating ROA of -3.30%, implying operational losses relative to total assets. The subsequent quarters show recovery trends, with the ROA improving to positive figures such as 2.39% for September 2024 and 5.42% for December 2024.
Projections into 2025 depict continued volatility, with negative figures of -9.06% for March 31, 2025, and -10.60% for June 30, 2025, indicating significant operational challenges and reduced efficiency in generating operating income relative to assets. Overall, the data reflects a period of peak operational efficiency in 2013-2014, followed by a downward trend characterized by fluctuations and episodes of negative operating ROA, especially prominent in the most recent periods, highlighting periods of operational strain or restructuring impacts.
Peer comparison
Jun 30, 2025