Sanmina Historical Income Statement
| SANM Stock | USD 58.22 0.13 0.22% |
Historical analysis of Sanmina income statement accounts such as Other Operating Expenses of 6.1 B, Operating Income of 550.2 M, EBIT of 549.6 M or Ebitda of 692.4 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
Sanmina Income Statement is one of the three primary financial statements used for reporting Sanmina's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sanmina revenue and expense. Sanmina Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sanmina's Net Income is very stable compared to the past year. As of the 18th of April 2024, Income Tax Expense is likely to grow to about 103 M, while Total Revenue is likely to drop about 6.2 B. Add Fundamental
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.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 tightly coupled 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 Net Income is very stable compared to the past year. As of the 18th of April 2024, Income Tax Expense is likely to grow to about 103 M, while Total Revenue is likely to drop about 6.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 640.5M | 743.2M | 854.7M | 445.6M | Total Revenue | 7.9B | 8.9B | 10.3B | 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 | 150.7M | 170.0M | 90.9M | 118.2M | 136.0M | 77.5M | |
| Interest Expense | 28.9M | 19.6M | 22.5M | 36.3M | 41.7M | 50.1M | |
| Total Revenue | 7.0B | 6.8B | 7.9B | 8.9B | 10.3B | 6.2B | |
| Gross Profit | 525.7M | 551.8M | 640.5M | 743.2M | 854.7M | 445.6M | |
| Other Operating Expenses | 6.7B | 6.5B | 7.5B | 8.5B | 9.7B | 6.1B | |
| Operating Income | 227.7M | 281.3M | 367.8M | 455.7M | 524.0M | 550.2M | |
| Ebit | 227.7M | 281.3M | 367.8M | 455.2M | 523.4M | 549.6M | |
| Ebitda | 378.4M | 451.3M | 458.7M | 573.4M | 659.4M | 692.4M | |
| Cost Of Revenue | 6.4B | 6.2B | 7.2B | 8.2B | 9.4B | 5.7B | |
| Total Operating Expenses | 263.5M | 255.4M | 265.9M | 281.5M | 323.7M | 414.5M | |
| Income Before Tax | 200.8M | 307.0M | 320.6M | 412.8M | 474.7M | 498.5M | |
| Total Other Income Expense Net | (26.9M) | 25.7M | (47.2M) | (26.2M) | (30.1M) | (31.6M) | |
| Net Income | 133.2M | 249.5M | 240.4M | 310.0M | 356.5M | 374.3M | |
| Income Tax Expense | 61.0M | 38.0M | 64.5M | 85.3M | 98.1M | 103.0M | |
| Selling General Administrative | 240.9M | 234.5M | 244.6M | 255.1M | 293.3M | 243.8M | |
| 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 | 30.4M | 27.9M | |
| Net Income From Continuing Ops | 139.7M | 269.0M | 256.1M | 327.5M | 376.6M | 191.9M | |
| Tax Provision | 61.0M | 38.0M | 64.5M | 85.3M | 98.1M | 53.3M | |
| Interest Income | 2.3M | 925K | 1.6M | 13.6M | 12.2M | 12.8M | |
| Net Interest Income | (26.6M) | (18.6M) | (20.8M) | (22.7M) | (26.1M) | (27.4M) | |
| Reconciled Depreciation | 114.2M | 109.7M | 108.8M | 118.2M | 106.4M | 92.0M |
Sanmina Investors Sentiment
The influence of Sanmina's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sanmina. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sanmina's public news can be used to forecast risks associated with an investment in Sanmina. The trend in average sentiment can be used to explain how an investor holding Sanmina can time the market purely based on public headlines and social activities around Sanmina. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sanmina's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sanmina's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sanmina's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sanmina.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sanmina in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sanmina's short interest history, or implied volatility extrapolated from Sanmina options trading.
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When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports: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 tightly coupled 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Sanmina Stock analysis
When running Sanmina's price analysis, check to measure Sanmina's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sanmina is operating at the current time. Most of Sanmina's value examination focuses on studying past and present price action to predict the probability of Sanmina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanmina's price. Additionally, you may evaluate how the addition of Sanmina to your portfolios can decrease your overall portfolio volatility.
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Is Sanmina's industry 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 (0.36) | Earnings Share 4.62 | Revenue Per Share 146.9 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0534 |
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.