Sanmina (SANM) Financials

$75.77 -0.78 (-1.02%)

As of 10:13 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
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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	77	56	92	80	76	62	57	52	52	61	65
Consolidated Net Income / (Loss)	77	56	95	85	82	65	60	55	55	67	71
Net Income / (Loss) Continuing Operations	77	56	95	85	82	65	60	55	55	67	71
Total Pre-Tax Income	79	74	116	111	99	87	82	74	75	87	86
Total Operating Income	92	100	128	121	107	99	88	76	82	90	89
Total Gross Profit	162	169	195	191	183	173	161	155	154	171	168
Total Revenue	2,023	2,224	2,356	2,320	2,207	2,052	1,875	1,835	1,841	2,018	2,006
Operating Revenue	2,023	2,224	2,356	2,320	2,207	2,052	1,875	1,835	1,841	2,018	2,006
Total Cost of Revenue	1,861	2,055	2,160	2,129	2,024	1,879	1,714	1,680	1,688	1,846	1,838
Operating Cost of Revenue	1,861	2,055	2,160	2,129	2,024	1,879	1,714	1,680	1,688	1,846	1,838
Total Operating Expenses	71	69	67	71	76	74	73	79	71	82	79
Selling, General & Admin Expense	62	60	61	63	69	62	65	69	62	70	71
Research & Development Expense	5.07	6.02	5.60	6.39	6.72	7.72	6.29	6.32	7.66	8.24	7.02
Restructuring Charge	3.99	-1.53	0.63	0.80	0.30	4.32	2.19	3.27	1.79	2.97	1.44
Total Other Income / (Expense), net	-13	-26	-12	-9.52	-8.36	-13	-5.89	-1.53	-7.73	-2.81	-2.33
Interest Expense	5.62	7.11	8.68	9.29	10	8.26	8.41	8.22	7.51	5.05	5.00
Interest & Investment Income	0.54	0.43	2.93	2.54	4.21	3.91	3.66	3.41	2.57	2.80	3.40
Other Income / (Expense), net	-7.77	-19	-6.71	-2.77	-2.51	-8.17	-1.13	3.28	-2.80	-0.56	-0.73
Income Tax Expense	1.54	18	21	26	17	21	21	19	20	19	15
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	3.10	5.69	5.24	3.51	3.30	2.82	3.14	5.96	5.88
Basic Earnings per Share	$1.29	$0.95	$1.59	$1.37	$1.32	$1.08	$1.01	$0.94	$0.93	$1.12	$1.20
Weighted Average Basic Shares Outstanding	59.97M	61.31M	57.73M	58.27M	57.99M	57.85M	56.54M	55.59M	55.47M	55.59M	54.21M
Diluted Earnings per Share	$1.25	$0.91	$1.54	$1.33	$1.28	$1.03	$0.98	$0.93	$0.91	$1.09	$1.16
Weighted Average Diluted Shares Outstanding	61.70M	63.12M	59.87M	59.82M	59.59M	59.82M	58.24M	56.70M	56.71M	56.97M	55.85M
Weighted Average Basic & Diluted Shares Outstanding	57.80M	57.43M	58.36M	58.17M	57.23M	56.84M	55.78M	55.45M	54.65M	53.93M	54.33M

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
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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	-67	37	205	-17	-62	11	-36	19	6.85	-32	17
Net Cash From Operating Activities	102	82	37	65	57	77	126	72	90	52	64
Net Cash From Continuing Operating Activities	102	82	37	65	57	77	126	72	90	52	64
Net Income / (Loss) Continuing Operations	77	58	95	85	82	65	60	55	55	67	71
Consolidated Net Income / (Loss)	77	58	95	85	82	65	60	55	55	67	71
Depreciation Expense	27	27	29	29	30	31	31	30	30	32	32
Non-Cash Adjustments To Reconcile Net Income	-35	-20	2.86	11	40	26	14	9.78	49	46	13
Changes in Operating Assets and Liabilities, net	32	17	-89	-61	-96	-45	21	-23	-44	-93	-52
Net Cash From Investing Activities	-38	-48	-37	-64	-53	-38	-35	-30	-23	-26	-17
Net Cash From Continuing Investing Activities	-38	-48	-37	-64	-53	-38	-35	-30	-23	-26	-17
Purchase of Property, Plant & Equipment	-38	-48	-37	-63	-52	-39	-34	-30	-23	-25	-17
Other Investing Activities, net	-	-	-0.27	-1.23	-0.50	-	-0.60	-0.70	-0.60	-	-0.14
Net Cash From Financing Activities	-129	4.55	204	-18	-65	-26	-128	-22	-59	-60	-29
Net Cash From Continuing Financing Activities	-129	4.55	204	-18	-65	-26	-128	-22	-59	-60	-29
Repayment of Debt	-728	-1,266	-742	-739	-959	-550	-765	-547	-526	-176	-261
Repurchase of Common Equity	-124	-24	-8.01	-13	-52	-34	-116	-133	-55	-66	-24
Issuance of Debt	724	1,294	737	735	955	555	752	658	522	176	257
Issuance of Common Equity	0.07	0.91	0.17	0.12	-	3.12	0.15	0.15	0.67	5.20	0.00
Effect of Exchange Rate Changes	-1.58	-1.44	1.98	0.22	-0.45	-1.25	1.25	-0.89	-0.77	2.59	-1.34
Cash Interest Paid	4.62	6.09	6.77	8.49	9.64	7.58	7.54	7.61	6.84	4.11	4.50
Cash Income Taxes Paid	17	14	9.51	19	17	12	20	18	14	17	19

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
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
Total Assets	4,744	5,307	5,029	4,958	4,617	4,686	4,664	4,812
Total Current Assets	3,836	4,355	4,035	3,953	3,630	3,697	3,693	3,876
Cash & Equivalents	493	735	718	657	632	651	658	642
Accounts Receivable	1,228	1,309	1,209	1,280	1,102	1,138	1,155	1,354
Inventories, net	1,591	1,728	1,553	1,489	1,392	1,384	1,384	1,426
Prepaid Expenses	64	81	69	68	61	75	82	67
Other Current Assets	459	502	486	459	445	449	415	387
Plant, Property, & Equipment, net	546	591	617	632	635	641	630	605
Total Noncurrent Assets	362	362	377	373	352	348	340	330
Noncurrent Deferred & Refundable Income Taxes	212	190	196	187	173	170	163	153
Other Noncurrent Operating Assets	150	172	181	186	178	178	177	177
Total Liabilities & Shareholders' Equity	4,744	5,307	5,029	4,958	4,617	4,686	4,664	4,812
Total Liabilities	2,940	3,133	2,811	2,692	2,344	2,359	2,322	2,391
Total Current Liabilities	2,432	2,585	2,255	2,158	1,822	1,848	1,822	1,883
Short-Term Debt	19	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
Current Deferred Revenue	-	-	-	-	-	-	-	240
Current Employee Benefit Liabilities	133	136	126	139	132	127	127	126
Other Current Liabilities	303	292	282	278	250	260	243	108
Total Noncurrent Liabilities	508	548	556	534	522	511	501	508
Long-Term Debt	298	325	321	317	308	304	300	296
Other Noncurrent Operating Liabilities	210	223	236	218	214	208	201	212
Commitments & Contingencies	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
Total Preferred & Common Equity	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421
Total Common Equity	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421
Common Stock	1,804	2,174	2,218	2,266	2,273	2,327	2,341	2,421

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
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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.06%	36.80%	34.06%	21.15%	9.08%	-7.73%	-20.42%	-20.93%	-16.57%	-1.68%	7.02%
EBITDA Growth	-15.27%	36.67%	35.40%	43.62%	21.50%	12.99%	-22.02%	-25.56%	-18.86%	-0.77%	2.18%
EBIT Growth	-19.01%	57.78%	45.76%	57.39%	25.07%	12.53%	-28.98%	-32.75%	-24.11%	-2.27%	1.66%
NOPAT Growth	1.93%	114.93%	74.14%	75.67%	-1.31%	-0.81%	-38.56%	-39.05%	-31.85%	-7.04%	12.50%
Net Income Growth	-34.21%	50.64%	62.22%	75.45%	5.85%	16.90%	-36.54%	-35.16%	-33.03%	3.04%	17.43%
EPS Growth	-28.16%	62.50%	73.03%	75.00%	2.40%	13.19%	-36.36%	-30.08%	-28.91%	5.83%	18.37%
Operating Cash Flow Growth	-1.96%	-10.71%	-45.50%	-18.23%	-44.43%	-6.16%	238.56%	11.98%	59.26%	-32.50%	-49.27%
Free Cash Flow Firm Growth	-76.49%	92.06%	-616.67%	-204.34%	-1,973.96%	-13,139.36%	-25.65%	29.26%	101.24%	102.11%	56.61%
Invested Capital Growth	5.01%	4.97%	12.76%	14.90%	19.38%	21.57%	10.42%	8.68%	2.96%	3.20%	6.37%
Revenue Q/Q Growth	5.65%	9.91%	5.93%	-1.52%	-4.87%	-7.03%	-8.64%	-2.14%	0.37%	9.56%	-0.55%
EBITDA Q/Q Growth	8.27%	-2.94%	39.59%	-2.09%	-8.40%	-9.75%	-3.66%	-6.54%	-0.16%	10.38%	-0.79%
EBIT Q/Q Growth	11.99%	-3.44%	50.35%	-3.19%	-11.01%	-13.12%	-5.11%	-8.34%	0.42%	11.88%	-1.29%
NOPAT Q/Q Growth	70.37%	-16.06%	39.72%	-12.08%	-4.29%	-15.63%	-13.46%	-12.78%	7.02%	15.09%	4.72%
Net Income Q/Q Growth	58.82%	-27.60%	70.13%	-10.31%	-4.18%	-20.04%	-7.64%	-8.37%	-1.03%	23.02%	5.26%
EPS Q/Q Growth	64.47%	-27.20%	69.23%	-13.64%	-3.76%	-19.53%	-4.85%	-5.10%	-2.15%	19.78%	6.42%
Operating Cash Flow Q/Q Growth	28.76%	-19.46%	-54.55%	73.48%	-12.50%	36.01%	63.97%	-42.62%	24.45%	-42.36%	23.25%
Free Cash Flow Firm Q/Q Growth	125.27%	-117.36%	-4,481.26%	-51.45%	-55.62%	-22.62%	56.52%	14.74%	102.72%	109.61%	-992.57%
Invested Capital Q/Q Growth	1.75%	0.53%	8.83%	3.21%	5.72%	2.37%	-1.14%	1.58%	0.16%	2.61%	1.90%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	8.02%	7.60%	8.29%	8.24%	8.30%	8.45%	8.58%	8.44%	8.34%	8.49%	8.37%
EBITDA Margin	5.48%	4.84%	6.38%	6.34%	6.11%	5.93%	6.25%	5.97%	5.94%	5.98%	5.97%
Operating Margin	4.53%	4.50%	5.45%	5.20%	4.86%	4.84%	4.67%	4.14%	4.47%	4.44%	4.42%
EBIT Margin	4.14%	3.64%	5.17%	5.08%	4.75%	4.44%	4.61%	4.32%	4.32%	4.41%	4.38%
Profit (Net Income) Margin	3.82%	2.51%	4.04%	3.68%	3.70%	3.18%	3.22%	3.01%	2.97%	3.34%	3.53%
Tax Burden Percent	98.04%	75.27%	82.02%	76.79%	82.56%	75.34%	73.90%	74.31%	73.34%	77.60%	82.16%
Interest Burden Percent	93.95%	91.75%	95.28%	94.27%	94.42%	95.23%	94.50%	93.93%	93.80%	97.47%	98.17%
Effective Tax Rate	1.96%	24.73%	17.98%	23.21%	17.44%	24.66%	26.10%	25.69%	26.66%	22.40%	17.84%
Return on Invested Capital (ROIC)	20.46%	16.80%	22.67%	20.72%	20.48%	17.96%	15.57%	12.78%	12.65%	12.90%	13.77%
ROIC Less NNEP Spread (ROIC-NNEP)	25.87%	24.55%	25.61%	23.09%	23.25%	21.64%	16.82%	13.10%	14.36%	13.59%	14.37%
Return on Net Nonoperating Assets (RNNOA)	-3.30%	-3.34%	-4.39%	-3.52%	-2.85%	-2.68%	-2.64%	-2.05%	-2.07%	-1.85%	-1.95%
Return on Equity (ROE)	17.15%	13.47%	18.28%	17.20%	17.63%	15.28%	12.93%	10.74%	10.58%	11.05%	11.82%
Cash Return on Invested Capital (CROIC)	10.02%	12.54%	7.25%	7.29%	2.65%	0.47%	7.21%	6.52%	10.08%	9.28%	6.61%
Operating Return on Assets (OROA)	6.94%	6.38%	8.97%	9.36%	8.92%	8.17%	7.86%	7.08%	6.83%	6.89%	7.15%
Return on Assets (ROA)	6.39%	4.40%	7.01%	6.78%	6.95%	5.86%	5.49%	4.95%	4.70%	5.21%	5.77%
Return on Common Equity (ROCE)	17.15%	13.47%	18.28%	17.20%	17.63%	14.73%	12.93%	10.74%	10.58%	10.31%	11.82%
Return on Equity Simple (ROE_SIMPLE)	12.28%	0.00%	12.74%	14.14%	14.04%	0.00%	12.88%	11.29%	10.07%	0.00%	10.25%
Net Operating Profit after Tax (NOPAT)	90	75	105	93	89	75	65	56	60	70	73
NOPAT Margin	4.44%	3.39%	4.47%	3.99%	4.02%	3.64%	3.45%	3.08%	3.28%	3.45%	3.63%
Net Nonoperating Expense Percent (NNEP)	-5.41%	-7.75%	-2.94%	-2.36%	-2.77%	-3.68%	-1.25%	-0.32%	-1.71%	-0.68%	-0.60%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	2.49%	-	-	-	2.66%
Cost of Revenue to Revenue	91.98%	92.40%	91.71%	91.76%	91.70%	91.55%	91.42%	91.56%	91.66%	91.51%	91.63%
SG&A Expenses to Revenue	3.04%	2.69%	2.58%	2.73%	3.12%	3.03%	3.46%	3.77%	3.35%	3.49%	3.53%
R&D to Revenue	0.25%	0.27%	0.24%	0.28%	0.30%	0.38%	0.34%	0.34%	0.42%	0.41%	0.35%
Operating Expenses to Revenue	3.49%	3.10%	2.84%	3.04%	3.44%	3.61%	3.91%	4.30%	3.87%	4.05%	3.95%
Earnings before Interest and Taxes (EBIT)	84	81	122	118	105	91	86	79	80	89	88
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	111	108	150	147	135	122	117	110	109	121	120
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.37	1.46	1.51	1.60	1.55	1.43	1.29	1.49	1.57	1.71	1.71
Price to Tangible Book Value (P/TBV)	1.37	1.46	1.51	1.60	1.55	1.43	1.29	1.49	1.57	1.71	1.71
Price to Revenue (P/Rev)	0.34	0.34	0.39	0.40	0.39	0.35	0.35	0.44	0.48	0.50	0.54
Price to Earnings (P/E)	8.53	11.08	12.02	11.68	11.53	10.02	10.69	13.99	16.47	16.91	17.93
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	11.73%	9.02%	8.32%	8.56%	8.67%	9.98%	9.36%	7.15%	6.07%	5.91%	5.58%
Enterprise Value to Invested Capital (EV/IC)	1.41	1.52	1.63	1.73	1.64	1.47	1.34	1.57	1.67	1.76	1.82
Enterprise Value to Revenue (EV/Rev)	0.31	0.31	0.34	0.36	0.35	0.33	0.31	0.39	0.44	0.48	0.49
Enterprise Value to EBITDA (EV/EBITDA)	5.70	5.74	6.15	6.16	5.90	5.29	5.06	6.50	7.28	7.93	8.28
Enterprise Value to EBIT (EV/EBIT)	7.83	7.68	8.02	7.86	7.48	6.72	6.58	8.68	9.91	10.83	11.33
Enterprise Value to NOPAT (EV/NOPAT)	9.70	8.93	8.96	8.74	8.78	8.10	8.21	11.03	13.01	14.41	14.67
Enterprise Value to Operating Cash Flow (EV/OCF)	6.74	7.50	9.67	11.14	13.25	12.45	8.13	9.46	9.13	10.64	13.68
Enterprise Value to Free Cash Flow (EV/FCFF)	14.43	12.38	23.77	25.38	67.35	340.34	19.48	25.12	16.77	19.30	28.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.18	0.19	0.16	0.15	0.15	0.15	0.14	0.14	0.14	0.13	0.13
Long-Term Debt to Equity	0.17	0.18	0.15	0.14	0.14	0.13	0.14	0.13	0.13	0.13	0.12
Financial Leverage	-0.13	-0.14	-0.17	-0.15	-0.12	-0.12	-0.16	-0.16	-0.14	-0.14	-0.14
Leverage Ratio	2.40	2.45	2.42	2.39	2.38	2.35	2.23	2.14	2.09	2.07	2.01
Compound Leverage Factor	2.26	2.24	2.30	2.25	2.25	2.23	2.11	2.01	1.96	2.02	1.97
Debt to Total Capital	14.95%	16.01%	13.61%	13.23%	12.85%	12.73%	12.53%	12.13%	11.93%	11.85%	11.45%
Short-Term Debt to Total Capital	0.88%	0.81%	0.70%	0.68%	0.67%	0.98%	0.67%	0.66%	0.66%	0.65%	0.64%
Long-Term Debt to Total Capital	14.07%	15.20%	12.92%	12.55%	12.18%	11.76%	11.86%	11.47%	11.27%	11.19%	10.81%
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%	0.00%	5.63%	0.00%	0.00%	0.00%	6.16%	0.00%
Common Equity to Total Capital	85.05%	83.99%	86.39%	86.77%	87.15%	81.63%	87.47%	87.87%	88.07%	82.00%	88.55%
Debt to EBITDA	0.79	0.80	0.73	0.66	0.62	0.61	0.63	0.67	0.69	0.69	0.68
Net Debt to EBITDA	-0.44	-0.42	-0.83	-0.74	-0.60	-0.59	-0.59	-0.68	-0.74	-0.68	-0.72
Long-Term Debt to EBITDA	0.74	0.76	0.69	0.62	0.59	0.56	0.59	0.63	0.65	0.66	0.64
Debt to NOPAT	1.34	1.25	1.06	0.93	0.92	0.94	1.01	1.13	1.24	1.26	1.21
Net Debt to NOPAT	-0.74	-0.66	-1.21	-1.04	-0.89	-0.91	-0.95	-1.16	-1.33	-1.23	-1.27
Long-Term Debt to NOPAT	1.26	1.18	1.00	0.88	0.87	0.86	0.96	1.07	1.17	1.19	1.14
Altman Z-Score	2.46	1.64	2.71	3.04	3.12	2.24	3.12	3.11	3.12	2.24	3.19
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	3.62%	0.00%	0.00%	0.00%	6.72%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.58	1.57	1.68	1.79	1.83	1.91	1.99	2.00	2.03	1.99	2.06
Quick Ratio	0.71	0.68	0.79	0.85	0.90	0.93	0.95	0.97	1.00	1.01	1.06
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	12	-2.10	-96	-146	-227	-278	-121	-103	2.80	5.88	-52
Operating Cash Flow to CapEx	271.63%	170.07%	100.44%	102.62%	108.32%	196.00%	368.32%	244.22%	395.22%	210.63%	374.23%
Free Cash Flow to Firm to Interest Expense	2.16	-0.30	-11.09	-15.70	-22.53	-33.68	-14.38	-12.55	0.37	1.16	-10.49
Operating Cash Flow to Interest Expense	18.11	11.52	4.29	6.95	5.61	9.31	14.98	8.80	11.99	10.28	12.79
Operating Cash Flow Less CapEx to Interest Expense	11.44	4.75	0.02	0.18	0.43	4.56	10.91	5.20	8.96	5.40	9.37
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.67	1.75	1.74	1.84	1.88	1.84	1.70	1.64	1.58	1.56	1.63
Accounts Receivable Turnover	6.15	6.79	6.53	7.20	7.26	7.54	7.01	6.79	6.25	5.89	6.27
Inventory Turnover	5.45	5.36	5.28	5.49	5.43	5.18	4.97	4.97	4.84	4.74	5.01
Fixed Asset Turnover	13.36	14.29	15.26	15.62	15.47	14.79	13.79	12.67	12.05	12.12	12.42
Accounts Payable Turnover	4.13	4.16	4.09	4.50	4.52	4.55	4.35	4.46	4.41	4.62	5.01
Days Sales Outstanding (DSO)	59.38	53.72	55.85	50.71	50.27	48.40	52.04	53.76	58.45	61.93	58.21
Days Inventory Outstanding (DIO)	67.03	68.04	69.10	66.51	67.18	70.43	73.51	73.44	75.34	76.94	72.91
Days Payable Outstanding (DPO)	88.31	87.68	89.19	81.10	80.71	80.22	83.92	81.83	82.80	79.06	72.82
Cash Conversion Cycle (CCC)	38.10	34.08	35.76	36.13	36.74	38.61	41.62	45.37	50.99	59.81	58.31
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,628	1,636	1,781	1,838	1,943	1,989	1,967	1,998	2,001	2,053	2,092
Invested Capital Turnover	4.61	4.96	5.07	5.19	5.10	4.93	4.51	4.15	3.86	3.74	3.79
Increase / (Decrease) in Invested Capital	78	77	202	238	315	353	186	160	58	64	125
Enterprise Value (EV)	2,298	2,481	2,897	3,179	3,183	2,927	2,634	3,139	3,333	3,620	3,804
Market Capitalization	2,474	2,664	3,290	3,559	3,506	3,106	2,940	3,468	3,674	3,764	4,133
Book Value per Share	$29.65	$31.48	$37.85	$38.01	$38.95	$37.90	$40.20	$41.72	$42.22	$40.20	$44.90
Tangible Book Value per Share	$29.65	$31.48	$37.85	$38.01	$38.95	$37.90	$40.20	$41.72	$42.22	$40.20	$44.90
Total Capital	2,121	2,166	2,516	2,556	2,600	2,657	2,598	2,648	2,659	2,679	2,734
Total Debt	317	347	343	338	334	338	326	321	317	317	313
Total Long-Term Debt	298	329	325	321	317	312	308	304	300	300	296
Net Debt	-176	-183	-393	-380	-323	-329	-306	-329	-341	-309	-329
Capital Expenditures (CapEx)	37	48	37	63	52	39	34	30	23	25	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	930	907	1,052	1,079	1,156	1,205	1,194	1,216	1,232	1,321	1,369
Debt-free Net Working Capital (DFNWC)	1,423	1,437	1,787	1,797	1,813	1,872	1,826	1,867	1,889	1,947	2,011
Net Working Capital (NWC)	1,404	1,419	1,769	1,780	1,795	1,846	1,808	1,850	1,872	1,930	1,994
Net Nonoperating Expense (NNE)	13	19	10	7.31	6.90	9.43	4.35	1.14	5.67	2.18	1.92
Net Nonoperating Obligations (NNO)	-176	-183	-393	-380	-323	-329	-306	-329	-341	-309	-329
Total Depreciation and Amortization (D&A)	27	27	29	29	30	31	31	30	30	32	32
Debt-free, Cash-free Net Working Capital to Revenue	12.70%	11.45%	12.35%	12.10%	12.69%	13.48%	14.12%	15.26%	16.20%	17.46%	17.77%
Debt-free Net Working Capital to Revenue	19.44%	18.14%	20.98%	20.14%	19.90%	20.95%	21.59%	23.43%	24.85%	25.73%	26.12%
Net Working Capital to Revenue	19.18%	17.92%	20.77%	19.95%	19.71%	20.66%	21.39%	23.21%	24.62%	25.50%	25.89%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.33	$0.95	$1.53	$1.37	$1.32	$1.08	$1.01	$0.94	$0.93	$1.12	$1.20
Adjusted Weighted Average Basic Shares Outstanding	59.97M	61.31M	57.73M	58.27M	57.99M	57.85M	56.54M	55.59M	55.47M	55.59M	54.21M
Adjusted Diluted Earnings per Share	$1.29	$0.91	$1.48	$1.33	$1.28	$1.03	$0.98	$0.93	$0.91	$1.09	$1.16
Adjusted Weighted Average Diluted Shares Outstanding	61.70M	63.12M	59.87M	59.82M	59.59M	59.82M	58.24M	56.70M	56.71M	56.97M	55.85M
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	57.80M	57.43M	58.36M	58.17M	57.23M	56.84M	55.78M	55.45M	54.65M	53.93M	54.33M
Normalized Net Operating Profit after Tax (NOPAT)	94	74	106	93	89	78	66	59	62	72	74
Normalized NOPAT Margin	4.63%	3.34%	4.49%	4.02%	4.03%	3.80%	3.54%	3.21%	3.35%	3.56%	3.69%
Pre Tax Income Margin	3.89%	3.34%	4.92%	4.79%	4.49%	4.23%	4.36%	4.06%	4.05%	4.30%	4.30%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.93	11.38	14.02	12.69	10.42	11.03	10.28	9.64	10.60	17.64	17.57
NOPAT to Interest Expense	16.00	10.60	12.13	9.97	8.81	9.06	7.69	6.87	8.05	13.77	14.56
EBIT Less CapEx to Interest Expense	8.26	4.61	9.75	5.91	5.23	6.28	6.21	6.04	7.57	12.76	14.16
NOPAT Less CapEx to Interest Expense	9.33	3.83	7.86	3.20	3.62	4.31	3.63	3.27	5.01	8.90	11.14
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	153.16%	137.74%	97.62%	54.31%	30.79%	32.70%	73.39%	83.33%	94.25%	106.96%	65.65%

Frequently Asked Questions About Sanmina's Financials

When does Sanmina's fiscal year end?

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

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 4/16/2025 by MarketBeat.com Staff

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