SanDisk Corp (SNDK)
Pretax margin
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 397,611 | 875,833 | 801,077 | 518,509 | 1,476,750 |
| Revenue | US$ in thousands | 5,564,870 | 6,627,700 | 6,170,000 | 5,052,510 | 4,826,810 |
| Pretax margin | 7.15% | 13.21% | 12.98% | 10.26% | 30.59% |
December 31, 2015 calculation
Pretax margin = EBT ÷ Revenue
= $397,611K ÷ $5,564,870K
= 7.15%
The pretax margin of SanDisk Corp has shown variations over the years analyzed. In December 2011, the pretax margin was at a relatively high level of 30.59%, which suggests strong profitability before accounting for taxes. However, there was a notable decrease in profitability in December 2012, with the pretax margin dropping to 10.26%. This significant decline could indicate challenges in controlling expenses or generating revenue during that period.
Subsequently, there was a moderate improvement in the pretax margin in December 2013 and 2014, reaching 12.98% and 13.21% respectively. This suggests that the company was able to make operational adjustments to enhance profitability during those years. However, in December 2015, the pretax margin decreased to 7.15%, indicating a decrease in profitability compared to the previous years.
Overall, the trend in SanDisk Corp's pretax margin shows fluctuations in profitability over the years, with both positive and negative movements. Monitoring and analyzing these changes can provide insights into the company's financial performance and help in making informed investment decisions.
Peer comparison
Dec 31, 2015