Sanmina (SANM) Financials

$83.95 -0.67 (-0.79%)

Closing price 05/29/2025 04:00 PM Eastern

Extended Trading

$83.94 -0.01 (-0.01%)

As of 05/29/2025 04:07 PM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/28/2024	9/30/2023	10/1/2022	10/2/2021	10/3/2020	9/28/2019	9/29/2018	9/30/2017	10/1/2016	10/3/2015
Net Income / (Loss) Attributable to Common Shareholders	223	310	240	250	140	142	-96	139	188	377
Consolidated Net Income / (Loss)	238	328	240	250	140	142	-96	139	188	377
Net Income / (Loss) Continuing Operations	238	328	240	250	140	142	-96	139	188	377
Total Pre-Tax Income	318	413	302	282	201	246	98	213	205	176
Total Operating Income	335	456	349	256	228	286	119	226	225	203
Total Gross Profit	640	743	622	526	526	592	464	520	514	484
Total Revenue	7,568	8,935	7,920	6,738	6,960	8,234	7,110	6,869	6,481	6,375
Operating Revenue	7,568	8,935	7,920	6,738	6,960	8,234	7,110	6,869	6,481	6,375
Total Cost of Revenue	6,928	8,192	7,297	6,212	6,435	7,642	6,646	6,349	5,967	5,891
Operating Cost of Revenue	6,928	8,192	7,297	6,212	6,435	7,642	6,646	6,349	5,967	5,891
Total Operating Expenses	305	288	273	271	298	306	344	293	289	281
Selling, General & Admin Expense	266	255	245	235	241	260	251	258	249	248
Research & Development Expense	29	26	21	21	23	28	31	34	38	33
Restructuring Charge	10	6.05	6.82	15	28	18	32	1.34	2.70	-
Total Other Income / (Expense), net	-18	-43	-47	26	-27	-40	-22	-13	-20	-27
Interest Expense	29	36	22	20	29	31	28	22	25	29
Interest & Investment Income	12	14	1.63	0.93	2.32	1.11	1.27	1.27	0.68	1.10
Other Income / (Expense), net	-1.22	-20	-26	44	-0.35	-11	4.56	7.68	4.06	0.77
Income Tax Expense	80	85	62	32	61	104	193	75	17	-201
Net Income / (Loss) Attributable to Noncontrolling Interest	15	18	0.00	0.00	-	-	-	-	-	-
Basic Earnings per Share	$4.00	$5.36	$3.92	$3.82	$2.02	$2.05	($1.37)	$1.86	$2.50	$4.61
Weighted Average Basic Shares Outstanding	55.59M	57.85M	61.31M	65.32M	69.04M	69.13M	69.83M	74.48M	75.09M	81.82M
Diluted Earnings per Share	$3.91	$5.18	$3.81	$3.72	$1.97	$1.97	($1.37)	$1.78	$2.38	$4.41
Weighted Average Diluted Shares Outstanding	56.97M	59.82M	63.12M	67.08M	70.79M	71.68M	69.83M	78.13M	78.79M	85.64M
Weighted Average Basic & Diluted Shares Outstanding	53.93M	56.84M	57.43M	64.38M	65.07M	69.98M	69.70M	74.60M	75.10M	81.80M

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

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

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

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

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

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

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

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

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

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

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. See where experts think Sanmina is headed by visiting Sanmina's forecast page.

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 5/30/2025 by MarketBeat.com Staff

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