SanDisk Corp (SNDK)
Profitability ratios
Return on sales
| 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 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% |
| 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% |
| Pretax margin | 9.23% | 6.60% | 9.32% | 12.40% | 17.26% | 22.47% | 25.39% | 26.33% | 26.68% | 24.57% | 22.46% | 18.80% | 13.38% | 12.41% | 14.21% | 18.48% | 23.55% | 26.08% | 25.98% | 28.15% |
| Net profit margin | 7.64% | 6.98% | 7.90% | 9.66% | 12.06% | 15.20% | 17.27% | 17.81% | 18.06% | 16.90% | 15.35% | 12.75% | 9.05% | 8.26% | 9.53% | 12.27% | 15.74% | 17.43% | 22.01% | 24.47% |
SanDisk Corp's profitability ratios indicate the company's ability to generate profits relative to its revenue and operating costs over a period of time.
1. Gross Profit Margin: The trend in gross profit margin shows a decline from 34.50% on June 30, 2011, reaching a low of 21.23% on September 30, 2012, before gradually increasing to 40.29% on March 31, 2016. This suggests fluctuations in the company's ability to maintain profitability after accounting for cost of goods sold.
2. Operating Profit Margin: The operating profit margin also experienced a decreasing trend, starting at 29.84% on June 30, 2011, and dropping to 12.44% on March 31, 2016. This downward trajectory indicates challenges in controlling operating expenses to ensure profitability.
3. Pre-tax Margin: The pre-tax margin exhibited a similar declining trend, decreasing from 28.15% on June 30, 2011, to 9.23% on March 31, 2016. This suggests a reduction in the company's ability to generate profits before taxes over the years.
4. Net Profit Margin: The net profit margin shows a decline from 24.47% on June 30, 2011, to 7.64% on March 31, 2016. This indicates a decreasing profitability in terms of what remains as net income after all expenses are deducted.
Overall, the analysis of SanDisk Corp's profitability ratios highlights a consistent decrease in profit margins over the years, pointing towards potential challenges in managing costs and maximizing profitability in the long run.
Return on investment
| 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 return on assets (Operating ROA) | 7.32% | 6.68% | 8.13% | 10.06% | 13.04% | 15.56% | 16.53% | 16.38% | 16.38% | 14.90% | 15.55% | 11.59% | 7.31% | 6.73% | 7.52% | 10.22% | 13.73% | 17.73% | 15.37% | 16.45% |
| Return on assets (ROA) | 4.50% | 4.21% | 5.01% | 6.39% | 8.22% | 9.79% | 10.68% | 10.79% | 10.82% | 9.94% | 10.27% | 7.47% | 4.52% | 4.04% | 4.70% | 6.37% | 8.76% | 11.25% | 12.08% | 13.49% |
| Return on total capital | 11.87% | 9.42% | 11.54% | 14.32% | 18.70% | 22.37% | 23.79% | 23.44% | 23.39% | 21.76% | 20.35% | 14.41% | 9.48% | 8.63% | 4.21% | 7.78% | 12.71% | 18.30% | 15.75% | 17.67% |
| Return on equity (ROE) | 8.03% | 6.77% | 8.07% | 10.40% | 13.06% | 15.14% | 16.18% | 15.85% | 15.84% | 14.96% | 13.90% | 9.77% | 6.41% | 5.75% | 6.73% | 9.11% | 12.47% | 17.07% | 17.73% | 20.12% |
SanDisk Corp's profitability ratios exhibit fluctuations over the period from June 2011 to March 2016.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA ranged from 6.73% to 17.73% during the period.
- It peaked at 17.73% on December 31, 2011, indicating efficient use of assets to generate operating income.
- However, it declined to 6.73% on December 31, 2012, possibly due to operational challenges.
- There was a recovery in Operating ROA from March 31, 2013, reaching 16.38% on June 30, 2014, before declining to 7.32% on March 31, 2016.
2. Return on Assets (ROA):
- The ROA varied between 4.04% and 13.49% over the period.
- The highest ROA of 13.49% was recorded on June 30, 2011.
- Subsequently, there was a downtrend in ROA, hitting a low of 4.04% on December 31, 2012, before recovering slightly.
- The ROA improved to 10.82% on March 31, 2014, and maintained levels above 9% until September 30, 2014, but then declined to 4.50% on March 31, 2016.
3. Return on Total Capital:
- Return on Total Capital ranged between 4.21% and 23.79% during the period.
- There was a gradual increase in Return on Total Capital, peaking at 23.79% on September 30, 2014.
- This indicates the company's ability to generate returns on both debt and equity capital.
- However, the ratio decreased to 9.42% by December 31, 2015, showing a decline in the efficiency of capital utilization.
4. Return on Equity (ROE):
- ROE fluctuated between 5.75% and 20.12% over the period.
- The highest ROE of 20.12% was achieved on June 30, 2011, highlighting strong returns to shareholders.
- The ratio experienced fluctuations, reaching a low of 5.75% on December 31, 2012, before recovering.
- The ROE improved to 16.18% on September 30, 2014, but declined to 8.03% by March 31, 2016, reflecting a decrease in shareholder profitability.
Overall, the analysis of SanDisk Corp's profitability ratios indicates varying levels of financial performance and efficiency in generating profits for both equity and total capital providers over the period under consideration.