Sanmina (SANM) Financials

$78.70 -0.16 (-0.20%)

Closing price 05/6/2025 04:00 PM Eastern

Extended Trading

$78.71 +0.01 (+0.01%)

As of 04:56 AM Eastern

Annual Income Statements for Sanmina

This table shows Sanmina's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/3/2015	10/1/2016	9/30/2017	9/29/2018	9/28/2019	10/3/2020	10/2/2021	10/1/2022	9/30/2023	9/28/2024
Net Income / (Loss) Attributable to Common Shareholders	377	188	139	-96	142	140	250	240	310	223
Consolidated Net Income / (Loss)	377	188	139	-96	142	140	250	240	328	238
Net Income / (Loss) Continuing Operations	377	188	139	-96	142	140	250	240	328	238
Total Pre-Tax Income	176	205	213	98	246	201	282	302	413	318
Total Operating Income	203	225	226	119	286	228	256	349	456	335
Total Gross Profit	484	514	520	464	592	526	526	622	743	640
Total Revenue	6,375	6,481	6,869	7,110	8,234	6,960	6,738	7,920	8,935	7,568
Operating Revenue	6,375	6,481	6,869	7,110	8,234	6,960	6,738	7,920	8,935	7,568
Total Cost of Revenue	5,891	5,967	6,349	6,646	7,642	6,435	6,212	7,297	8,192	6,928
Operating Cost of Revenue	5,891	5,967	6,349	6,646	7,642	6,435	6,212	7,297	8,192	6,928
Total Operating Expenses	281	289	293	344	306	298	271	273	288	305
Selling, General & Admin Expense	248	249	258	251	260	241	235	245	255	266
Research & Development Expense	33	38	34	31	28	23	21	21	26	29
Restructuring Charge	-	2.70	1.34	32	18	28	15	6.82	6.05	10
Total Other Income / (Expense), net	-27	-20	-13	-22	-40	-27	26	-47	-43	-18
Interest Expense	29	25	22	28	31	29	20	22	36	29
Interest & Investment Income	1.10	0.68	1.27	1.27	1.11	2.32	0.93	1.63	14	12
Other Income / (Expense), net	0.77	4.06	7.68	4.56	-11	-0.35	44	-26	-20	-1.22
Income Tax Expense	-201	17	75	193	104	61	32	62	85	80
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	0.00	0.00	18	15
Basic Earnings per Share	$4.61	$2.50	$1.86	($1.37)	$2.05	$2.02	$3.82	$3.92	$5.36	$4.00
Weighted Average Basic Shares Outstanding	81.82M	75.09M	74.48M	69.83M	69.13M	69.04M	65.32M	61.31M	57.85M	55.59M
Diluted Earnings per Share	$4.41	$2.38	$1.78	($1.37)	$1.97	$1.97	$3.72	$3.81	$5.18	$3.91
Weighted Average Diluted Shares Outstanding	85.64M	78.79M	78.13M	69.83M	71.68M	70.79M	67.08M	63.12M	59.82M	56.97M
Weighted Average Basic & Diluted Shares Outstanding	81.80M	75.10M	74.60M	69.70M	69.98M	65.07M	64.38M	57.43M	56.84M	53.93M

This table shows Sanmina's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Net Income / (Loss) Attributable to Common Shareholders	56	92	80	76	62	57	52	52	61	65	64
Consolidated Net Income / (Loss)	56	95	85	82	65	60	55	55	67	71	71
Net Income / (Loss) Continuing Operations	56	95	85	82	65	60	55	55	67	71	71
Total Pre-Tax Income	74	116	111	99	87	82	74	75	87	86	88
Total Operating Income	100	128	121	107	99	88	76	82	90	89	92
Total Gross Profit	169	195	191	183	173	161	155	154	171	168	176
Total Revenue	2,224	2,356	2,320	2,207	2,052	1,875	1,835	1,841	2,018	2,006	1,984
Operating Revenue	2,224	2,356	2,320	2,207	2,052	1,875	1,835	1,841	2,018	2,006	1,984
Total Cost of Revenue	2,055	2,160	2,129	2,024	1,879	1,714	1,680	1,688	1,846	1,838	1,808
Operating Cost of Revenue	2,055	2,160	2,129	2,024	1,879	1,714	1,680	1,688	1,846	1,838	1,808
Total Operating Expenses	69	67	71	76	74	73	79	71	82	79	85
Selling, General & Admin Expense	60	61	63	69	62	65	69	62	70	71	76
Research & Development Expense	6.02	5.60	6.39	6.72	7.72	6.29	6.32	7.66	8.24	7.02	7.32
Restructuring Charge	-1.53	0.63	0.80	0.30	4.32	2.19	3.27	1.79	2.97	1.44	0.99
Total Other Income / (Expense), net	-26	-12	-9.52	-8.36	-13	-5.89	-1.53	-7.73	-2.81	-2.33	-3.21
Interest Expense	7.11	8.68	9.29	10	8.26	8.41	8.22	7.51	5.05	5.00	4.98
Interest & Investment Income	0.43	2.93	2.54	4.21	3.91	3.66	3.41	2.57	2.80	3.40	3.72
Other Income / (Expense), net	-19	-6.71	-2.77	-2.51	-8.17	-1.13	3.28	-2.80	-0.56	-0.73	-1.96
Income Tax Expense	18	21	26	17	21	21	19	20	19	15	18
Net Income / (Loss) Attributable to Noncontrolling Interest	-	3.10	5.69	5.24	3.51	3.30	2.82	3.14	5.96	5.88	6.31
Basic Earnings per Share	$0.95	$1.59	$1.37	$1.32	$1.08	$1.01	$0.94	$0.93	$1.12	$1.20	$1.18
Weighted Average Basic Shares Outstanding	61.31M	57.73M	58.27M	57.99M	57.85M	56.54M	55.59M	55.47M	55.59M	54.21M	54.41M
Diluted Earnings per Share	$0.91	$1.54	$1.33	$1.28	$1.03	$0.98	$0.93	$0.91	$1.09	$1.16	$1.16
Weighted Average Diluted Shares Outstanding	63.12M	59.87M	59.82M	59.59M	59.82M	58.24M	56.70M	56.71M	56.97M	55.85M	55.51M
Weighted Average Basic & Diluted Shares Outstanding	57.43M	58.36M	58.17M	57.23M	56.84M	55.78M	55.45M	54.65M	53.93M	54.33M	53.46M

This table details how cash moves in and out of Sanmina's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/3/2015	10/1/2016	9/30/2017	9/29/2018	9/28/2019	10/3/2020	10/2/2021	10/1/2022	9/30/2023	9/28/2024
Net Change in Cash & Equivalents	-54	-14	8.37	13	35	26	170	-120	138	-42
Net Cash From Operating Activities	175	390	251	156	383	301	338	331	235	340
Net Cash From Continuing Operating Activities	175	390	251	156	383	301	338	331	235	340
Net Income / (Loss) Continuing Operations	377	188	139	-96	142	140	250	240	328	238
Consolidated Net Income / (Loss)	377	188	139	-96	142	140	250	240	328	238
Depreciation Expense	101	112	119	119	117	114	110	109	118	122
Non-Cash Adjustments To Reconcile Net Income	21	27	38	63	10	34	66	-104	80	119
Changes in Operating Assets and Liabilities, net	-324	63	-45	70	114	12	-87	86	-291	-139
Net Cash From Investing Activities	-102	-175	-108	-116	-128	-64	-91	-132	-192	-114
Net Cash From Continuing Investing Activities	-102	-175	-108	-116	-128	-64	-91	-132	-192	-114
Purchase of Property, Plant & Equipment	-119	-120	-112	-119	-135	-66	-73	-139	-191	-111
Purchase of Investments	-	-	0.00	-2.02	-0.50	-30	-2.71	-2.00	-2.50	-5.20
Sale of Property, Plant & Equipment	31	4.74	3.94	4.72	7.53	1.57	1.08	8.43	1.41	2.03
Net Cash From Financing Activities	-127	-231	-135	-28	-220	-210	-77	-314	95	-270
Net Cash From Continuing Financing Activities	-127	-231	-135	-28	-220	-210	-77	-314	95	-270
Repayment of Debt	-2,717	-3,070	-918	-3,916	-4,480	-1,948	-418	-2,206	-2,990	-2,130
Repurchase of Common Equity	-123	-142	-177	-158	-13	-179	-64	-331	-107	-254
Issuance of Debt	2,694	2,962	933	4,041	4,259	1,909	402	2,221	2,981	2,109
Issuance of Common Equity	19	18	27	4.41	14	7.79	2.99	2.38	3.41	6.16
Other Financing Activities, net	-	-	-	-	0.00	0.00	0.00	0.00	207	0.00
Effect of Exchange Rate Changes	-0.07	1.88	0.80	0.96	0.11	-	-0.20	-4.51	0.50	2.18
Cash Interest Paid	19	21	18	26	30	20	15	18	32	26
Cash Income Taxes Paid	45	29	20	35	32	31	33	48	57	69

This table details how cash moves in and out of Sanmina's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Net Change in Cash & Equivalents	37	205	-17	-62	11	-36	19	6.85	-32	17	44
Net Cash From Operating Activities	82	37	65	57	77	126	72	90	52	64	157
Net Cash From Continuing Operating Activities	82	37	65	57	77	126	72	90	52	64	157
Net Income / (Loss) Continuing Operations	58	95	85	82	65	60	55	55	67	71	71
Consolidated Net Income / (Loss)	58	95	85	82	65	60	55	55	67	71	71
Depreciation Expense	27	29	29	30	31	31	30	30	32	32	28
Non-Cash Adjustments To Reconcile Net Income	-20	2.86	11	40	26	14	9.78	49	46	13	18
Changes in Operating Assets and Liabilities, net	17	-89	-61	-96	-45	21	-23	-44	-93	-52	40
Net Cash From Investing Activities	-48	-37	-64	-53	-38	-35	-30	-23	-26	-17	4.32
Net Cash From Continuing Investing Activities	-48	-37	-64	-53	-38	-35	-30	-23	-26	-17	4.32
Purchase of Property, Plant & Equipment	-48	-37	-63	-52	-39	-34	-30	-23	-25	-17	-31
Other Investing Activities, net	-	-0.27	-1.23	-0.50	-	-0.60	-0.70	-0.60	-	-0.14	0.36
Net Cash From Financing Activities	4.55	204	-18	-65	-26	-128	-22	-59	-60	-29	-118
Net Cash From Continuing Financing Activities	4.55	204	-18	-65	-26	-128	-22	-59	-60	-29	-118
Repayment of Debt	-1,266	-742	-739	-959	-550	-765	-547	-526	-176	-261	-148
Repurchase of Common Equity	-24	-8.01	-13	-52	-34	-116	-133	-55	-66	-24	-76
Issuance of Debt	1,294	737	735	955	555	752	658	522	176	257	144
Effect of Exchange Rate Changes	-1.44	1.98	0.22	-0.45	-1.25	1.25	-0.89	-0.77	2.59	-1.34	1.17
Cash Interest Paid	6.09	6.77	8.49	9.64	7.58	7.54	7.61	6.84	4.11	4.50	4.12
Cash Income Taxes Paid	14	9.51	19	17	12	20	18	14	17	19	16

This table presents Sanmina's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/3/2015	10/1/2016	9/30/2017	9/29/2018	9/28/2019	10/3/2020	10/2/2021	10/1/2022	9/30/2023	9/28/2024
Total Assets	3,493	3,625	3,847	4,085	3,906	3,773	4,207	4,836	4,874	4,823
Total Current Assets	2,323	2,376	2,616	3,014	2,921	2,819	3,282	3,891	3,880	3,870
Cash & Equivalents	412	398	407	420	455	481	650	530	668	626
Accounts Receivable	937	974	1,110	1,177	1,128	1,043	1,192	1,139	1,231	1,338
Inventories, net	919	946	1,052	1,374	901	861	1,037	1,684	1,477	1,444
Prepaid Expenses	55	57	48	44	41	38	54	62	58	79
Other Current Assets	-	-	-	0.00	396	397	349	476	446	384
Plant, Property, & Equipment, net	591	618	640	643	631	559	533	575	633	616
Total Noncurrent Assets	579	632	591	428	354	394	392	370	362	336
Noncurrent Deferred & Refundable Income Taxes	498	514	477	344	280	273	235	210	178	161
Other Noncurrent Operating Assets	82	118	114	84	74	121	157	160	184	176
Total Liabilities & Shareholders' Equity	3,493	3,625	3,847	4,085	3,906	3,773	4,207	4,836	4,874	4,823
Total Liabilities	1,973	2,015	2,200	2,612	2,263	2,143	2,328	3,016	2,555	2,461
Total Current Liabilities	1,381	1,401	1,616	2,402	1,683	1,523	1,763	2,471	2,033	1,941
Short-Term Debt	113	28	88	593	38	19	19	18	26	18
Accounts Payable	1,035	1,121	1,280	1,547	1,337	1,210	1,465	2,041	1,559	1,442
Current Deferred Revenue	-	-	-	-	-	-	-	-	-	216
Current Employee Benefit Liabilities	120	127	131	125	128	122	118	131	127	133
Other Current Liabilities	111	124	117	136	180	172	162	282	321	133
Total Noncurrent Liabilities	592	614	584	210	580	620	565	545	522	521
Long-Term Debt	424	434	391	14	347	329	312	329	312	300
Other Noncurrent Operating Liabilities	168	180	192	196	233	291	254	215	210	221
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,520	1,610	1,648	1,473	1,643	1,630	1,879	1,820	2,319	2,362
Total Preferred & Common Equity	1,520	1,610	1,648	1,473	1,643	1,630	1,879	1,820	2,169	2,362
Total Common Equity	1,520	1,610	1,648	1,473	1,643	1,630	1,879	1,820	2,169	2,362
Common Stock	6,076	6,121	6,185	6,223	6,268	6,302	6,340	6,381	6,513	2,362

This table presents Sanmina's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	7/2/2022	12/31/2022	4/1/2023	7/1/2023	12/30/2023	3/30/2024	6/29/2024	12/28/2024	3/29/2025
Total Assets	4,744	5,307	5,029	4,958	4,617	4,686	4,664	4,812	4,967
Total Current Assets	3,836	4,355	4,035	3,953	3,630	3,697	3,693	3,876	4,067
Cash & Equivalents	493	735	718	657	632	651	658	642	647
Accounts Receivable	1,228	1,309	1,209	1,280	1,102	1,138	1,155	1,354	1,383
Inventories, net	1,591	1,728	1,553	1,489	1,392	1,384	1,384	1,426	1,548
Prepaid Expenses	64	81	69	68	61	75	82	67	104
Other Current Assets	459	502	486	459	445	449	415	387	385
Plant, Property, & Equipment, net	546	591	617	632	635	641	630	605	609
Total Noncurrent Assets	362	362	377	373	352	348	340	330	291
Noncurrent Deferred & Refundable Income Taxes	212	190	196	187	173	170	163	153	156
Other Noncurrent Operating Assets	150	172	181	186	178	178	177	177	135
Total Liabilities & Shareholders' Equity	4,744	5,307	5,029	4,958	4,617	4,686	4,664	4,812	4,967
Total Liabilities	2,940	3,133	2,811	2,692	2,344	2,359	2,322	2,391	2,571
Total Current Liabilities	2,432	2,585	2,255	2,158	1,822	1,848	1,822	1,883	2,073
Short-Term Debt	19	18	18	18	18	18	18	18	18
Accounts Payable	1,977	2,139	1,829	1,724	1,422	1,443	1,434	1,392	1,351
Current Deferred Revenue	-	-	-	-	-	-	-	240	444
Current Employee Benefit Liabilities	133	136	126	139	132	127	127	126	135
Other Current Liabilities	303	292	282	278	250	260	243	108	126
Total Noncurrent Liabilities	508	548	556	534	522	511	501	508	498
Long-Term Debt	298	325	321	317	308	304	300	296	291
Other Noncurrent Operating Liabilities	210	223	236	218	214	208	201	212	207
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421	2,396
Total Preferred & Common Equity	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421	2,396
Total Common Equity	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421	2,396
Common Stock	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421	2,396

This table displays calculated financial ratios and metrics derived from Sanmina's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/3/2015	10/1/2016	9/30/2017	9/29/2018	9/28/2019	10/3/2020	10/2/2021	10/1/2022	9/30/2023	9/28/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.57%	1.67%	5.98%	3.52%	15.80%	-15.47%	-3.19%	17.53%	12.82%	-15.30%
EBITDA Growth	1.32%	11.93%	3.56%	-31.19%	61.52%	-12.92%	20.02%	5.37%	28.20%	-17.53%
EBIT Growth	0.53%	12.25%	2.32%	-47.04%	121.98%	-17.41%	32.08%	7.63%	34.76%	-23.24%
NOPAT Growth	78.65%	-52.55%	-28.63%	-179.43%	240.91%	-3.88%	43.11%	22.54%	30.10%	-30.51%
Net Income Growth	91.34%	-50.21%	-26.09%	-168.81%	248.13%	-1.27%	78.61%	-3.67%	36.25%	-27.41%
EPS Growth	94.27%	-46.03%	-25.21%	-176.97%	243.80%	0.00%	88.83%	2.42%	35.96%	-24.52%
Operating Cash Flow Growth	-43.10%	123.06%	-35.67%	-37.67%	144.83%	-21.52%	12.57%	-2.21%	-28.92%	44.67%
Free Cash Flow Firm Growth	-41.09%	56.76%	-43.59%	-156.86%	542.65%	-7.30%	-29.45%	21.28%	-95.71%	2,081.07%
Invested Capital Growth	24.27%	1.73%	2.80%	-3.48%	-5.29%	-4.82%	4.11%	4.97%	21.57%	3.20%
Revenue Q/Q Growth	-0.77%	0.45%	1.32%	1.74%	0.19%	-0.25%	-3.57%	8.17%	-1.89%	-0.45%
EBITDA Q/Q Growth	-3.45%	1.31%	-3.14%	-12.80%	14.21%	7.65%	-7.79%	7.16%	2.59%	-0.21%
EBIT Q/Q Growth	-5.84%	0.49%	-5.25%	-21.57%	22.18%	11.93%	-10.04%	10.10%	2.38%	-0.62%
NOPAT Q/Q Growth	89.83%	-53.95%	-34.89%	-45.37%	12.45%	25.29%	-8.79%	17.26%	-0.34%	-1.99%
Net Income Q/Q Growth	94.08%	-53.32%	-35.06%	-35.57%	15.48%	29.53%	-5.49%	8.48%	2.97%	0.84%
EPS Q/Q Growth	96.00%	-50.31%	-35.04%	-31.73%	15.88%	31.33%	-4.37%	10.12%	2.37%	1.56%
Operating Cash Flow Q/Q Growth	-38.66%	36.67%	-17.72%	7.75%	51.18%	-26.85%	3.62%	-2.88%	-2.10%	-6.84%
Free Cash Flow Firm Q/Q Growth	-92.40%	115.15%	-39.65%	28.54%	101.96%	-29.54%	-22.05%	25.83%	-81.81%	-5.61%
Invested Capital Q/Q Growth	10,352.79%	2.16%	1.32%	-2.17%	-8.50%	-1.06%	0.58%	0.53%	2.37%	2.61%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.59%	7.94%	7.57%	6.52%	7.19%	7.55%	7.81%	7.86%	8.32%	8.46%
EBITDA Margin	4.78%	5.26%	5.14%	3.42%	4.76%	4.91%	6.08%	5.45%	6.20%	6.03%
Operating Margin	3.19%	3.47%	3.30%	1.68%	3.47%	3.27%	3.80%	4.41%	5.10%	4.43%
EBIT Margin	3.20%	3.53%	3.41%	1.74%	3.34%	3.27%	4.46%	4.08%	4.87%	4.42%
Profit (Net Income) Margin	5.92%	2.90%	2.02%	-1.34%	1.72%	2.01%	3.70%	3.04%	3.67%	3.14%
Tax Burden Percent	214.12%	91.80%	65.03%	-97.94%	57.62%	69.59%	88.60%	79.51%	79.34%	74.87%
Interest Burden Percent	86.43%	89.41%	91.17%	78.66%	89.23%	88.31%	93.80%	93.55%	94.79%	94.99%
Effective Tax Rate	-114.12%	8.20%	34.97%	197.94%	42.38%	30.41%	11.40%	20.49%	20.66%	25.13%
Return on Invested Capital (ROIC)	29.29%	12.43%	8.68%	-6.92%	10.19%	10.32%	14.84%	17.39%	19.94%	12.43%
ROIC Less NNEP Spread (ROIC-NNEP)	-27.59%	-7.13%	-3.62%	9.50%	-29.11%	28.88%	4.77%	32.31%	33.21%	16.64%
Return on Net Nonoperating Assets (RNNOA)	-2.02%	-0.43%	-0.15%	0.80%	-1.11%	-1.78%	-0.61%	-4.39%	-4.11%	-2.27%
Return on Equity (ROE)	27.27%	12.00%	8.52%	-6.12%	9.08%	8.54%	14.23%	13.00%	15.83%	10.16%
Cash Return on Invested Capital (CROIC)	7.64%	10.72%	5.91%	-3.38%	15.63%	15.26%	10.81%	12.54%	0.47%	9.28%
Operating Return on Assets (OROA)	5.99%	6.43%	6.27%	3.13%	6.89%	5.92%	7.53%	7.15%	8.97%	6.89%
Return on Assets (ROA)	11.09%	5.28%	3.72%	-2.41%	3.54%	3.64%	6.25%	5.32%	6.75%	4.90%
Return on Common Equity (ROCE)	27.27%	12.00%	8.52%	-6.12%	9.08%	8.54%	14.23%	13.00%	15.26%	9.48%
Return on Equity Simple (ROE_SIMPLE)	24.81%	11.67%	8.43%	-6.49%	8.62%	8.57%	13.28%	13.21%	15.10%	10.82%
Net Operating Profit after Tax (NOPAT)	435	206	147	-117	165	158	227	278	362	251
NOPAT Margin	6.82%	3.18%	2.14%	-1.65%	2.00%	2.28%	3.37%	3.51%	4.05%	3.32%
Net Nonoperating Expense Percent (NNEP)	56.88%	19.56%	12.29%	-16.42%	39.31%	-18.56%	10.07%	-14.91%	-13.27%	-4.22%
Cost of Revenue to Revenue	92.41%	92.07%	92.43%	93.48%	92.81%	92.45%	92.19%	92.14%	91.68%	91.54%
SG&A Expenses to Revenue	3.89%	3.84%	3.76%	3.53%	3.16%	3.46%	3.48%	3.09%	2.85%	3.52%
R&D to Revenue	0.52%	0.58%	0.49%	0.43%	0.33%	0.32%	0.31%	0.27%	0.30%	0.38%
Operating Expenses to Revenue	4.40%	4.47%	4.27%	4.84%	3.71%	4.28%	4.01%	3.44%	3.22%	4.03%
Earnings before Interest and Taxes (EBIT)	204	229	234	124	275	227	300	323	436	334
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	304	341	353	243	392	342	410	432	554	457
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.13	1.31	1.70	1.27	1.36	1.10	1.36	1.46	1.43	1.71
Price to Tangible Book Value (P/TBV)	1.13	1.31	1.70	1.27	1.36	1.10	1.36	1.46	1.43	1.71
Price to Revenue (P/Rev)	0.27	0.32	0.41	0.26	0.27	0.26	0.38	0.34	0.35	0.50
Price to Earnings (P/E)	4.56	11.20	20.17	0.00	15.80	12.88	10.22	11.08	10.02	16.91
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	21.94%	8.93%	4.96%	0.00%	6.33%	7.77%	9.78%	9.02%	9.98%	5.91%
Enterprise Value to Invested Capital (EV/IC)	1.12	1.30	1.67	1.24	1.38	1.11	1.43	1.52	1.47	1.76
Enterprise Value to Revenue (EV/Rev)	0.29	0.33	0.42	0.29	0.26	0.24	0.33	0.31	0.33	0.48
Enterprise Value to EBITDA (EV/EBITDA)	6.06	6.36	8.14	8.50	5.52	4.88	5.44	5.74	5.29	7.93
Enterprise Value to EBIT (EV/EBIT)	9.05	9.47	12.27	16.64	7.87	7.33	7.43	7.68	6.72	10.83
Enterprise Value to NOPAT (EV/NOPAT)	4.24	10.51	19.51	0.00	13.14	10.52	9.84	8.93	8.10	14.41
Enterprise Value to Operating Cash Flow (EV/OCF)	10.55	5.56	11.45	13.19	5.66	5.55	6.59	7.50	12.45	10.64
Enterprise Value to Free Cash Flow (EV/FCFF)	16.25	12.19	28.62	0.00	8.57	7.12	13.50	12.38	340.34	19.30
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.29	0.29	0.41	0.23	0.21	0.18	0.19	0.15	0.13
Long-Term Debt to Equity	0.28	0.27	0.24	0.01	0.21	0.20	0.17	0.18	0.13	0.13
Financial Leverage	0.07	0.06	0.04	0.08	0.04	-0.06	-0.13	-0.14	-0.12	-0.14
Leverage Ratio	2.46	2.27	2.29	2.54	2.56	2.35	2.27	2.45	2.35	2.07
Compound Leverage Factor	2.13	2.03	2.09	2.00	2.29	2.07	2.13	2.29	2.22	1.97
Debt to Total Capital	26.11%	22.32%	22.55%	29.21%	19.00%	17.59%	14.95%	16.01%	12.73%	11.85%
Short-Term Debt to Total Capital	5.51%	1.37%	4.16%	28.52%	1.89%	0.95%	0.85%	0.81%	0.98%	0.65%
Long-Term Debt to Total Capital	20.60%	20.95%	18.40%	0.69%	17.11%	16.65%	14.11%	15.20%	11.76%	11.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.63%	6.16%
Common Equity to Total Capital	73.89%	77.68%	77.45%	70.79%	81.00%	82.41%	85.05%	83.99%	81.63%	82.00%
Debt to EBITDA	1.77	1.36	1.36	2.50	0.98	1.02	0.81	0.80	0.61	0.69
Net Debt to EBITDA	0.41	0.19	0.21	0.77	-0.18	-0.39	-0.78	-0.42	-0.59	-0.68
Long-Term Debt to EBITDA	1.39	1.27	1.11	0.06	0.88	0.96	0.76	0.76	0.56	0.66
Debt to NOPAT	1.24	2.24	3.26	-5.19	2.34	2.20	1.46	1.25	0.94	1.26
Net Debt to NOPAT	0.29	0.31	0.50	-1.61	-0.42	-0.84	-1.41	-0.66	-0.91	-1.23
Long-Term Debt to NOPAT	0.97	2.10	2.66	-0.12	2.10	2.08	1.37	1.18	0.86	1.19
Altman Z-Score	1.14	1.35	1.61	1.07	1.93	1.58	1.78	1.80	2.47	2.41
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.62%	6.72%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.68	1.70	1.62	1.26	1.74	1.85	1.86	1.57	1.91	1.99
Quick Ratio	0.98	0.98	0.94	0.66	0.94	1.00	1.05	0.68	0.93	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	114	178	100	-57	253	234	165	200	8.60	188
Operating Cash Flow to CapEx	197.54%	337.30%	232.59%	137.02%	301.21%	466.64%	468.54%	254.08%	123.80%	311.56%
Free Cash Flow to Firm to Interest Expense	3.95	7.14	4.58	-2.06	8.21	8.10	8.45	8.92	0.24	6.43
Operating Cash Flow to Interest Expense	6.08	15.66	11.44	5.64	12.45	10.40	17.31	14.72	6.48	11.66
Operating Cash Flow Less CapEx to Interest Expense	3.00	11.02	6.52	1.52	8.32	8.17	13.61	8.93	1.25	7.92
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.87	1.82	1.84	1.79	2.06	1.81	1.69	1.75	1.84	1.56
Accounts Receivable Turnover	6.65	6.78	6.59	6.22	7.14	6.41	6.03	6.79	7.54	5.89
Inventory Turnover	6.50	6.40	6.36	5.48	6.72	7.30	6.55	5.36	5.18	4.74
Fixed Asset Turnover	11.05	10.73	10.92	11.08	12.93	11.70	12.34	14.29	14.79	12.12
Accounts Payable Turnover	5.42	5.53	5.29	4.70	5.30	5.05	4.64	4.16	4.55	4.62
Days Sales Outstanding (DSO)	54.87	53.80	55.37	58.72	51.10	56.94	60.55	53.72	48.40	61.93
Days Inventory Outstanding (DIO)	56.13	57.04	57.43	66.61	54.32	49.97	55.76	68.04	70.43	76.94
Days Payable Outstanding (DPO)	67.39	65.96	69.03	77.64	68.88	72.24	78.58	87.68	80.22	79.06
Cash Conversion Cycle (CCC)	43.61	44.89	43.78	47.68	36.54	34.67	37.73	34.08	38.61	59.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,646	1,674	1,721	1,661	1,573	1,497	1,559	1,636	1,989	2,053
Invested Capital Turnover	4.29	3.90	4.05	4.20	5.09	4.53	4.41	4.96	4.93	3.74
Increase / (Decrease) in Invested Capital	321	28	47	-60	-88	-76	62	77	353	64
Enterprise Value (EV)	1,844	2,168	2,873	2,064	2,166	1,667	2,231	2,481	2,927	3,620
Market Capitalization	1,719	2,104	2,800	1,876	2,235	1,799	2,550	2,664	3,106	3,764
Book Value per Share	$18.90	$21.78	$21.86	$21.67	$23.60	$24.05	$28.86	$31.48	$37.90	$40.20
Tangible Book Value per Share	$18.90	$21.78	$21.86	$21.67	$23.60	$24.05	$28.86	$31.48	$37.90	$40.20
Total Capital	2,058	2,072	2,128	2,081	2,028	1,978	2,209	2,166	2,657	2,679
Total Debt	537	462	480	608	385	348	330	347	338	317
Total Long-Term Debt	424	434	391	14	347	329	312	329	312	300
Net Debt	125	64	73	188	-69	-133	-320	-183	-329	-309
Capital Expenditures (CapEx)	89	116	108	114	127	64	72	130	190	109
Debt-free, Cash-free Net Working Capital (DFCFNWC)	644	605	682	786	822	835	887	907	1,205	1,321
Debt-free Net Working Capital (DFNWC)	1,056	1,003	1,089	1,206	1,276	1,316	1,537	1,437	1,872	1,947
Net Working Capital (NWC)	942	974	1,000	613	1,238	1,297	1,519	1,419	1,846	1,930
Net Nonoperating Expense (NNE)	58	19	8.45	-21	23	19	-23	37	34	13
Net Nonoperating Obligations (NNO)	125	64	73	188	-69	-133	-320	-183	-329	-309
Total Depreciation and Amortization (D&A)	101	112	119	119	117	114	110	109	118	122
Debt-free, Cash-free Net Working Capital to Revenue	10.10%	9.33%	9.93%	11.06%	9.98%	12.00%	13.17%	11.45%	13.48%	17.46%
Debt-free Net Working Capital to Revenue	16.56%	15.47%	15.85%	16.96%	15.50%	18.90%	22.82%	18.14%	20.95%	25.73%
Net Working Capital to Revenue	14.78%	15.03%	14.56%	8.61%	15.03%	18.63%	22.54%	17.92%	20.66%	25.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.61	$2.50	$1.86	($1.37)	$2.05	$2.02	$4.12	$4.18	$5.36	$4.00
Adjusted Weighted Average Basic Shares Outstanding	81.82M	75.09M	74.48M	69.83M	69.13M	69.04M	65.32M	61.31M	57.85M	55.59M
Adjusted Diluted Earnings per Share	$4.41	$2.38	$1.78	($1.37)	$1.97	$1.97	$4.01	$4.06	$5.18	$3.91
Adjusted Weighted Average Diluted Shares Outstanding	85.64M	78.79M	78.13M	69.83M	71.68M	70.79M	67.08M	63.12M	59.82M	56.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	78.40M	73.42M	72.02M	68.26M	69.98M	65.07M	64.38M	57.43M	56.84M	53.93M
Normalized Net Operating Profit after Tax (NOPAT)	142	209	148	127	175	182	240	283	366	259
Normalized NOPAT Margin	2.23%	3.22%	2.16%	1.79%	2.13%	2.62%	3.56%	3.58%	4.10%	3.42%
Pre Tax Income Margin	2.76%	3.16%	3.11%	1.37%	2.98%	2.88%	4.18%	3.82%	4.62%	4.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.09	9.19	10.68	4.47	8.95	7.87	15.36	14.38	12.00	11.45
NOPAT to Interest Expense	15.12	8.28	6.71	-4.22	5.36	5.48	11.60	12.37	9.96	8.61
EBIT Less CapEx to Interest Expense	4.01	4.54	5.76	0.36	4.82	5.64	11.66	8.59	6.77	7.71
NOPAT Less CapEx to Interest Expense	12.04	3.64	1.80	-8.33	1.23	3.25	7.91	6.57	4.73	4.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	32.54%	75.73%	127.45%	-165.00%	8.91%	128.14%	25.67%	137.74%	32.70%	106.96%

This table displays calculated financial ratios and metrics derived from Sanmina's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	36.80%	34.06%	21.15%	9.08%	-7.73%	-20.42%	-20.93%	-16.57%	-1.68%	7.02%	8.15%
EBITDA Growth	36.67%	35.40%	43.62%	21.50%	12.99%	-22.02%	-25.56%	-18.86%	-0.77%	2.18%	7.63%
EBIT Growth	57.78%	45.76%	57.39%	25.07%	12.53%	-28.98%	-32.75%	-24.11%	-2.27%	1.66%	13.16%
NOPAT Growth	114.93%	74.14%	75.67%	-1.31%	-0.81%	-38.56%	-39.05%	-31.85%	-7.04%	12.50%	29.46%
Net Income Growth	50.64%	62.22%	75.45%	5.85%	16.90%	-36.54%	-35.16%	-33.03%	3.04%	17.43%	27.49%
EPS Growth	62.50%	73.03%	75.00%	2.40%	13.19%	-36.36%	-30.08%	-28.91%	5.83%	18.37%	24.73%
Operating Cash Flow Growth	-10.71%	-45.50%	-18.23%	-44.43%	-6.16%	238.56%	11.98%	59.26%	-32.50%	-49.27%	116.90%
Free Cash Flow Firm Growth	92.06%	-616.67%	-204.34%	-1,973.96%	-13,139.36%	-25.65%	29.26%	101.24%	102.11%	56.61%	112.97%
Invested Capital Growth	4.97%	12.76%	14.90%	19.38%	21.57%	10.42%	8.68%	2.96%	3.20%	6.37%	2.99%
Revenue Q/Q Growth	9.91%	5.93%	-1.52%	-4.87%	-7.03%	-8.64%	-2.14%	0.37%	9.56%	-0.55%	-1.11%
EBITDA Q/Q Growth	-2.94%	39.59%	-2.09%	-8.40%	-9.75%	-3.66%	-6.54%	-0.16%	10.38%	-0.79%	-1.55%
EBIT Q/Q Growth	-3.44%	50.35%	-3.19%	-11.01%	-13.12%	-5.11%	-8.34%	0.42%	11.88%	-1.29%	2.03%
NOPAT Q/Q Growth	-16.06%	39.72%	-12.08%	-4.29%	-15.63%	-13.46%	-12.78%	7.02%	15.09%	4.72%	0.38%
Net Income Q/Q Growth	-27.60%	70.13%	-10.31%	-4.18%	-20.04%	-7.64%	-8.37%	-1.03%	23.02%	5.26%	-0.52%
EPS Q/Q Growth	-27.20%	69.23%	-13.64%	-3.76%	-19.53%	-4.85%	-5.10%	-2.15%	19.78%	6.42%	0.00%
Operating Cash Flow Q/Q Growth	-19.46%	-54.55%	73.48%	-12.50%	36.01%	63.97%	-42.62%	24.45%	-42.36%	23.25%	145.33%
Free Cash Flow Firm Q/Q Growth	-117.36%	-4,481.26%	-51.45%	-55.62%	-22.62%	56.52%	14.74%	102.72%	109.61%	-992.57%	125.49%
Invested Capital Q/Q Growth	0.53%	8.83%	3.21%	5.72%	2.37%	-1.14%	1.58%	0.16%	2.61%	1.90%	-1.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.60%	8.29%	8.24%	8.30%	8.45%	8.58%	8.44%	8.34%	8.49%	8.37%	8.88%
EBITDA Margin	4.84%	6.38%	6.34%	6.11%	5.93%	6.25%	5.97%	5.94%	5.98%	5.97%	5.94%
Operating Margin	4.50%	5.45%	5.20%	4.86%	4.84%	4.67%	4.14%	4.47%	4.44%	4.42%	4.62%
EBIT Margin	3.64%	5.17%	5.08%	4.75%	4.44%	4.61%	4.32%	4.32%	4.41%	4.38%	4.52%
Profit (Net Income) Margin	2.51%	4.04%	3.68%	3.70%	3.18%	3.22%	3.01%	2.97%	3.34%	3.53%	3.55%
Tax Burden Percent	75.27%	82.02%	76.79%	82.56%	75.34%	73.90%	74.31%	73.34%	77.60%	82.16%	79.76%
Interest Burden Percent	91.75%	95.28%	94.27%	94.42%	95.23%	94.50%	93.93%	93.80%	97.47%	98.17%	98.60%
Effective Tax Rate	24.73%	17.98%	23.21%	17.44%	24.66%	26.10%	25.69%	26.66%	22.40%	17.84%	20.24%
Return on Invested Capital (ROIC)	16.80%	22.67%	20.72%	20.48%	17.96%	15.57%	12.78%	12.65%	12.90%	13.77%	14.26%
ROIC Less NNEP Spread (ROIC-NNEP)	24.55%	25.61%	23.09%	23.25%	21.64%	16.82%	13.10%	14.36%	13.59%	14.37%	15.03%
Return on Net Nonoperating Assets (RNNOA)	-3.34%	-4.39%	-3.52%	-2.85%	-2.68%	-2.64%	-2.05%	-2.07%	-1.85%	-1.95%	-2.12%
Return on Equity (ROE)	13.47%	18.28%	17.20%	17.63%	15.28%	12.93%	10.74%	10.58%	11.05%	11.82%	12.13%
Cash Return on Invested Capital (CROIC)	12.54%	7.25%	7.29%	2.65%	0.47%	7.21%	6.52%	10.08%	9.28%	6.61%	10.67%
Operating Return on Assets (OROA)	6.38%	8.97%	9.36%	8.92%	8.17%	7.86%	7.08%	6.83%	6.89%	7.15%	7.35%
Return on Assets (ROA)	4.40%	7.01%	6.78%	6.95%	5.86%	5.49%	4.95%	4.70%	5.21%	5.77%	5.78%
Return on Common Equity (ROCE)	13.47%	18.28%	17.20%	17.63%	14.73%	12.93%	10.74%	10.58%	10.31%	11.82%	12.13%
Return on Equity Simple (ROE_SIMPLE)	0.00%	12.74%	14.14%	14.04%	0.00%	12.88%	11.29%	10.07%	0.00%	10.25%	11.00%
Net Operating Profit after Tax (NOPAT)	75	105	93	89	75	65	56	60	70	73	73
NOPAT Margin	3.39%	4.47%	3.99%	4.02%	3.64%	3.45%	3.08%	3.28%	3.45%	3.63%	3.68%
Net Nonoperating Expense Percent (NNEP)	-7.75%	-2.94%	-2.36%	-2.77%	-3.68%	-1.25%	-0.32%	-1.71%	-0.68%	-0.60%	-0.77%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	2.49%	-	-	-	2.66%	2.70%
Cost of Revenue to Revenue	92.40%	91.71%	91.76%	91.70%	91.55%	91.42%	91.56%	91.66%	91.51%	91.63%	91.12%
SG&A Expenses to Revenue	2.69%	2.58%	2.73%	3.12%	3.03%	3.46%	3.77%	3.35%	3.49%	3.53%	3.85%
R&D to Revenue	0.27%	0.24%	0.28%	0.30%	0.38%	0.34%	0.34%	0.42%	0.41%	0.35%	0.37%
Operating Expenses to Revenue	3.10%	2.84%	3.04%	3.44%	3.61%	3.91%	4.30%	3.87%	4.05%	3.95%	4.26%
Earnings before Interest and Taxes (EBIT)	81	122	118	105	91	86	79	80	89	88	90
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	108	150	147	135	122	117	110	109	121	120	118
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.46	1.51	1.60	1.55	1.43	1.29	1.49	1.57	1.71	1.71	1.74
Price to Tangible Book Value (P/TBV)	1.46	1.51	1.60	1.55	1.43	1.29	1.49	1.57	1.71	1.71	1.74
Price to Revenue (P/Rev)	0.34	0.39	0.40	0.39	0.35	0.35	0.44	0.48	0.50	0.54	0.53
Price to Earnings (P/E)	11.08	12.02	11.68	11.53	10.02	10.69	13.99	16.47	16.91	17.93	17.19
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.02%	8.32%	8.56%	8.67%	9.98%	9.36%	7.15%	6.07%	5.91%	5.58%	5.82%
Enterprise Value to Invested Capital (EV/IC)	1.52	1.63	1.73	1.64	1.47	1.34	1.57	1.67	1.76	1.82	1.86
Enterprise Value to Revenue (EV/Rev)	0.31	0.34	0.36	0.35	0.33	0.31	0.39	0.44	0.48	0.49	0.49
Enterprise Value to EBITDA (EV/EBITDA)	5.74	6.15	6.16	5.90	5.29	5.06	6.50	7.28	7.93	8.28	8.18
Enterprise Value to EBIT (EV/EBIT)	7.68	8.02	7.86	7.48	6.72	6.58	8.68	9.91	10.83	11.33	11.05
Enterprise Value to NOPAT (EV/NOPAT)	8.93	8.96	8.74	8.78	8.10	8.21	11.03	13.01	14.41	14.67	13.86
Enterprise Value to Operating Cash Flow (EV/OCF)	7.50	9.67	11.14	13.25	12.45	8.13	9.46	9.13	10.64	13.68	10.55
Enterprise Value to Free Cash Flow (EV/FCFF)	12.38	23.77	25.38	67.35	340.34	19.48	25.12	16.77	19.30	28.36	17.68
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.19	0.16	0.15	0.15	0.15	0.14	0.14	0.14	0.13	0.13	0.13
Long-Term Debt to Equity	0.18	0.15	0.14	0.14	0.13	0.14	0.13	0.13	0.13	0.12	0.12
Financial Leverage	-0.14	-0.17	-0.15	-0.12	-0.12	-0.16	-0.16	-0.14	-0.14	-0.14	-0.14
Leverage Ratio	2.45	2.42	2.39	2.38	2.35	2.23	2.14	2.09	2.07	2.01	2.04
Compound Leverage Factor	2.24	2.30	2.25	2.25	2.23	2.11	2.01	1.96	2.02	1.97	2.02
Debt to Total Capital	16.01%	13.61%	13.23%	12.85%	12.73%	12.53%	12.13%	11.93%	11.85%	11.45%	11.42%
Short-Term Debt to Total Capital	0.81%	0.70%	0.68%	0.67%	0.98%	0.67%	0.66%	0.66%	0.65%	0.64%	0.65%
Long-Term Debt to Total Capital	15.20%	12.92%	12.55%	12.18%	11.76%	11.86%	11.47%	11.27%	11.19%	10.81%	10.77%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	5.63%	0.00%	0.00%	0.00%	6.16%	0.00%	0.00%
Common Equity to Total Capital	83.99%	86.39%	86.77%	87.15%	81.63%	87.47%	87.87%	88.07%	82.00%	88.55%	88.58%
Debt to EBITDA	0.80	0.73	0.66	0.62	0.61	0.63	0.67	0.69	0.69	0.68	0.66
Net Debt to EBITDA	-0.42	-0.83	-0.74	-0.60	-0.59	-0.59	-0.68	-0.74	-0.68	-0.72	-0.72
Long-Term Debt to EBITDA	0.76	0.69	0.62	0.59	0.56	0.59	0.63	0.65	0.66	0.64	0.62
Debt to NOPAT	1.25	1.06	0.93	0.92	0.94	1.01	1.13	1.24	1.26	1.21	1.12
Net Debt to NOPAT	-0.66	-1.21	-1.04	-0.89	-0.91	-0.95	-1.16	-1.33	-1.23	-1.27	-1.23
Long-Term Debt to NOPAT	1.18	1.00	0.88	0.87	0.86	0.96	1.07	1.17	1.19	1.14	1.06
Altman Z-Score	1.64	2.71	3.04	3.12	2.24	3.12	3.11	3.12	2.24	3.19	3.09
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	3.62%	0.00%	0.00%	0.00%	6.72%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.57	1.68	1.79	1.83	1.91	1.99	2.00	2.03	1.99	2.06	1.96
Quick Ratio	0.68	0.79	0.85	0.90	0.93	0.95	0.97	1.00	1.01	1.06	0.98
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.10	-96	-146	-227	-278	-121	-103	2.80	5.88	-52	13
Operating Cash Flow to CapEx	170.07%	100.44%	102.62%	108.32%	196.00%	368.32%	244.22%	395.22%	210.63%	374.23%	510.76%
Free Cash Flow to Firm to Interest Expense	-0.30	-11.09	-15.70	-22.53	-33.68	-14.38	-12.55	0.37	1.16	-10.49	2.69
Operating Cash Flow to Interest Expense	11.52	4.29	6.95	5.61	9.31	14.98	8.80	11.99	10.28	12.79	31.50
Operating Cash Flow Less CapEx to Interest Expense	4.75	0.02	0.18	0.43	4.56	10.91	5.20	8.96	5.40	9.37	25.34
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.75	1.74	1.84	1.88	1.84	1.70	1.64	1.58	1.56	1.63	1.63
Accounts Receivable Turnover	6.79	6.53	7.20	7.26	7.54	7.01	6.79	6.25	5.89	6.27	6.23
Inventory Turnover	5.36	5.28	5.49	5.43	5.18	4.97	4.97	4.84	4.74	5.01	4.90
Fixed Asset Turnover	14.29	15.26	15.62	15.47	14.79	13.79	12.67	12.05	12.12	12.42	12.56
Accounts Payable Turnover	4.16	4.09	4.50	4.52	4.55	4.35	4.46	4.41	4.62	5.01	5.14
Days Sales Outstanding (DSO)	53.72	55.85	50.71	50.27	48.40	52.04	53.76	58.45	61.93	58.21	58.63
Days Inventory Outstanding (DIO)	68.04	69.10	66.51	67.18	70.43	73.51	73.44	75.34	76.94	72.91	74.52
Days Payable Outstanding (DPO)	87.68	89.19	81.10	80.71	80.22	83.92	81.83	82.80	79.06	72.82	71.02
Cash Conversion Cycle (CCC)	34.08	35.76	36.13	36.74	38.61	41.62	45.37	50.99	59.81	58.31	62.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,636	1,781	1,838	1,943	1,989	1,967	1,998	2,001	2,053	2,092	2,057
Invested Capital Turnover	4.96	5.07	5.19	5.10	4.93	4.51	4.15	3.86	3.74	3.79	3.87
Increase / (Decrease) in Invested Capital	77	202	238	315	353	186	160	58	64	125	60
Enterprise Value (EV)	2,481	2,897	3,179	3,183	2,927	2,634	3,139	3,333	3,620	3,804	3,826
Market Capitalization	2,664	3,290	3,559	3,506	3,106	2,940	3,468	3,674	3,764	4,133	4,164
Book Value per Share	$31.48	$37.85	$38.01	$38.95	$37.90	$40.20	$41.72	$42.22	$40.20	$44.90	$44.10
Tangible Book Value per Share	$31.48	$37.85	$38.01	$38.95	$37.90	$40.20	$41.72	$42.22	$40.20	$44.90	$44.10
Total Capital	2,166	2,516	2,556	2,600	2,657	2,598	2,648	2,659	2,679	2,734	2,704
Total Debt	347	343	338	334	338	326	321	317	317	313	309
Total Long-Term Debt	329	325	321	317	312	308	304	300	300	296	291
Net Debt	-183	-393	-380	-323	-329	-306	-329	-341	-309	-329	-338
Capital Expenditures (CapEx)	48	37	63	52	39	34	30	23	25	17	31
Debt-free, Cash-free Net Working Capital (DFCFNWC)	907	1,052	1,079	1,156	1,205	1,194	1,216	1,232	1,321	1,369	1,364
Debt-free Net Working Capital (DFNWC)	1,437	1,787	1,797	1,813	1,872	1,826	1,867	1,889	1,947	2,011	2,011
Net Working Capital (NWC)	1,419	1,769	1,780	1,795	1,846	1,808	1,850	1,872	1,930	1,994	1,994
Net Nonoperating Expense (NNE)	19	10	7.31	6.90	9.43	4.35	1.14	5.67	2.18	1.92	2.56
Net Nonoperating Obligations (NNO)	-183	-393	-380	-323	-329	-306	-329	-341	-309	-329	-338
Total Depreciation and Amortization (D&A)	27	29	29	30	31	31	30	30	32	32	28
Debt-free, Cash-free Net Working Capital to Revenue	11.45%	12.35%	12.10%	12.69%	13.48%	14.12%	15.26%	16.20%	17.46%	17.77%	17.38%
Debt-free Net Working Capital to Revenue	18.14%	20.98%	20.14%	19.90%	20.95%	21.59%	23.43%	24.85%	25.73%	26.12%	25.63%
Net Working Capital to Revenue	17.92%	20.77%	19.95%	19.71%	20.66%	21.39%	23.21%	24.62%	25.50%	25.89%	25.40%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.95	$1.53	$1.37	$1.32	$1.08	$1.01	$0.94	$0.93	$1.12	$1.20	$1.18
Adjusted Weighted Average Basic Shares Outstanding	61.31M	57.73M	58.27M	57.99M	57.85M	56.54M	55.59M	55.47M	55.59M	54.21M	54.41M
Adjusted Diluted Earnings per Share	$0.91	$1.48	$1.33	$1.28	$1.03	$0.98	$0.93	$0.91	$1.09	$1.16	$1.16
Adjusted Weighted Average Diluted Shares Outstanding	63.12M	59.87M	59.82M	59.59M	59.82M	58.24M	56.70M	56.71M	56.97M	55.85M	55.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.43M	58.36M	58.17M	57.23M	56.84M	55.78M	55.45M	54.65M	53.93M	54.33M	53.46M
Normalized Net Operating Profit after Tax (NOPAT)	74	106	93	89	78	66	59	62	72	74	74
Normalized NOPAT Margin	3.34%	4.49%	4.02%	4.03%	3.80%	3.54%	3.21%	3.35%	3.56%	3.69%	3.72%
Pre Tax Income Margin	3.34%	4.92%	4.79%	4.49%	4.23%	4.36%	4.06%	4.05%	4.30%	4.30%	4.46%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.38	14.02	12.69	10.42	11.03	10.28	9.64	10.60	17.64	17.57	18.01
NOPAT to Interest Expense	10.60	12.13	9.97	8.81	9.06	7.69	6.87	8.05	13.77	14.56	14.68
EBIT Less CapEx to Interest Expense	4.61	9.75	5.91	5.23	6.28	6.21	6.04	7.57	12.76	14.16	11.84
NOPAT Less CapEx to Interest Expense	3.83	7.86	3.20	3.62	4.31	3.63	3.27	5.01	8.90	11.14	8.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	137.74%	97.62%	54.31%	30.79%	32.70%	73.39%	83.33%	94.25%	106.96%	65.65%	93.69%

Frequently Asked Questions About Sanmina's Financials

When does Sanmina's financial year end?

According to the most recent income statement we have on file, Sanmina's fiscal year ends in September. Their fiscal year 2024 ended on September 28, 2024.

How has Sanmina's net income changed over the last 9 years?

Sanmina's net income appears to be on an upward trend, with a most recent value of $237.75 million in 2024, falling from $377.26 million in 2015. The previous period was $327.51 million in 2023. Find out what analysts predict for Sanmina in the coming months.

What is Sanmina's operating income?

Sanmina's total operating income in 2024 was $335.49 million, based on the following breakdown:

Total Gross Profit: $640.43 million
Total Operating Expenses: $304.94 million

How has Sanmina revenue changed over the last 9 years?

Over the last 9 years, Sanmina's total revenue changed from $6.37 billion in 2015 to $7.57 billion in 2024, a change of 18.7%.

How much debt does Sanmina have?

Sanmina's total liabilities were at $2.46 billion at the end of 2024, a 3.7% decrease from 2023, and a 24.8% increase since 2015.

How much cash does Sanmina have?

In the past 9 years, Sanmina's cash and equivalents has ranged from $398.29 million in 2016 to $667.57 million in 2023, and is currently $625.86 million as of their latest financial filing in 2024.

How has Sanmina's book value per share changed over the last 9 years?

Over the last 9 years, Sanmina's book value per share changed from 18.90 in 2015 to 40.20 in 2024, a change of 112.7%.

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This page (NASDAQ:SANM) was last updated on 5/7/2025 by MarketBeat.com Staff

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