Sandisk Corp (SNDK)

Return on assets (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
Net income (ttm) US$ in thousands -1,641,000 -1,498,000 462,000 57,000 -672,000 -713,647 -605,178 -171,167 427,806 388,478 454,900 584,550 777,523 1,007,446 1,143,335 1,157,533 1,145,376 1,042,657 918,420 718,068
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
ROA -12.64% -11.56% 3.25% 0.41% -4.98% — — — 4.50% 4.21% 5.01% 6.39% 8.22% 9.79% 10.68% 10.79% 10.82% 9.94% 10.27% 7.47%

June 30, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $-1,641,000K ÷ $12,985,000K
= -12.64%

The analysis of Sandisk Corp's Return on Assets (ROA) over the specified period reveals fluctuations in profitability relative to its total assets. During the fiscal quarters ending in mid-2013 and early 2014, the ROA was relatively strong, with values of 7.47% on June 30, 2013, increasing to 10.27% by September 30, 2013, and peaking at 10.82% on March 31, 2014. Throughout 2014, the ROA remained positive and generally stable, reaching a high of 10.79% at the end of June 2014, with a slight decline to 9.79% by the end of 2014.

In 2015, the ROA demonstrated a declining trend. It dropped from 8.22% in the first quarter to 6.39% in June, and further down to 5.01% in September, before falling below 5% toward the end of the year at 4.21% in December. This downward trajectory indicated a reduction in asset efficiency or profitability.

Moving into 2016, the ROA stabilized somewhat, registering at 4.50% in March but thereafter the data does not include further quarterly figures up to 2023. Starting from December 31, 2023, the ROA data points are unavailable; however, the subsequent quarters indicate significant volatility and a general decline. For instance, in June 2024, the ROA fell to -4.98%, signaling a transition into negative territory, implying the company was experiencing losses relative to its assets. A partial recovery is observed with a modest increase to 0.41% in September 2024 and a positive 3.25% in December 2024. Nonetheless, the trend reverses sharply in 2025, with ROA values turning negative again, at -11.56% in March and further declining to -12.64% by June 2025.

Overall, the data indicates that Sandisk Corp experienced a period of strong and stable asset profitability during 2013 and 2014, with ROA figures exceeding 10%. Subsequently, a marked decline began in 2015, accelerating into negative ROA territory in mid-2024 and continuing into 2025. The trend reflects a potential deterioration in operational efficiency or profitability, possibly due to market or internal factors affecting the company's ability to generate earnings from its assets.