Sanmina Historical Income Statement
SANM Stock | USD 78.18 0.48 0.62% |
Historical analysis of Sanmina income statement accounts such as Other Operating Expenses of 6.2 B, Operating Income of 352.3 M, EBIT of 227.6 M or Ebitda of 303.7 M can show how well Sanmina performed in making a profits. Evaluating Sanmina income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sanmina's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sanmina latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sanmina is a good buy for the upcoming year.
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About Sanmina Income Statement Analysis
Sanmina Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sanmina shareholders. The income statement also shows Sanmina investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sanmina Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sanmina generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sanmina minus its cost of goods sold. It is profit before Sanmina operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sanmina. It is also known as Sanmina overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Sanmina operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sanmina is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Sanmina whose combined shares represent less than 50% of the total outstanding shares issued by Sanmina have a minority interest in Sanmina.Most accounts from Sanmina's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sanmina current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.At this time, Sanmina's Non Recurring is very stable compared to the past year. As of the 26th of December 2024, Interest Income is likely to grow to about 13.1 M, while Total Revenue is likely to drop about 6.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 640.5M | 743.2M | 640.4M | 453.2M | Total Revenue | 7.9B | 8.9B | 7.6B | 6.2B |
Sanmina income statement Correlations
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Sanmina Account Relationship Matchups
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Sanmina income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 114.2M | 109.7M | 90.9M | 118.2M | 122.4M | 76.1M | |
Interest Expense | 28.9M | 19.6M | 22.5M | 36.3M | 29.2M | 49.6M | |
Total Revenue | 7.0B | 6.8B | 7.9B | 8.9B | 7.6B | 6.2B | |
Gross Profit | 525.7M | 551.8M | 640.5M | 743.2M | 640.4M | 453.2M | |
Other Operating Expenses | 6.7B | 6.5B | 7.5B | 8.5B | 7.2B | 6.2B | |
Operating Income | 227.7M | 281.3M | 367.8M | 455.7M | 335.5M | 352.3M | |
Ebit | 264.2M | 271.0M | 367.8M | 461.7M | 346.7M | 227.6M | |
Ebitda | 378.4M | 380.6M | 458.7M | 579.9M | 469.1M | 303.7M | |
Cost Of Revenue | 6.4B | 6.2B | 7.2B | 8.2B | 6.9B | 5.8B | |
Total Operating Expenses | 263.5M | 255.4M | 265.9M | 281.5M | 304.9M | 412.2M | |
Income Before Tax | 200.8M | 307.0M | 320.6M | 412.8M | 317.5M | 333.4M | |
Total Other Income Expense Net | (26.9M) | 51.1M | (47.2M) | (42.9M) | (18.0M) | (18.9M) | |
Net Income | 133.2M | 249.5M | 240.4M | 310.0M | 222.5M | 233.7M | |
Income Tax Expense | 61.0M | 38.0M | 64.5M | 85.3M | 79.8M | 83.8M | |
Selling General Administrative | 260.0M | 240.9M | 234.5M | 244.6M | 266.2M | 245.0M | |
Net Income Applicable To Common Shares | 141.5M | 139.7M | 269.0M | 256.1M | 294.5M | 168.7M | |
Research Development | 22.6M | 20.9M | 21.3M | 26.4M | 28.5M | 28.0M | |
Net Income From Continuing Ops | 139.7M | 269.0M | 256.1M | 327.5M | 237.8M | 196.9M | |
Tax Provision | 61.0M | 38.0M | 64.5M | 85.3M | 79.8M | 56.8M | |
Interest Income | 2.3M | 925K | 1.6M | 13.6M | 12.4M | 13.1M | |
Net Interest Income | (26.6M) | (18.6M) | (20.8M) | (22.7M) | (16.7M) | (17.6M) | |
Reconciled Depreciation | 114.2M | 109.7M | 108.8M | 118.2M | 122.4M | 92.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Earnings Share 3.91 | Revenue Per Share 136.141 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0451 |
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.