Sanmina Corporation

Sanmina Corporation

137.10
EUR
-15.95
(-10.42%)
5.19EPS
44.37P/E
11.88BMarket Cap
Nov 09Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
71.43
75
77.91
86.31
92.22
101.82
119.11
100.67
100.08
129.17
154.46
136.14
150.67
236.45
Basic EPS, GAAP
0.96
2.38
4.61
2.5
1.86
-1.37
2.05
1.93
3.71
3.92
5.36
4
4.56
5.71
Free Cash Flow per Basic Share
2.92
2.87
0.68
3.59
1.87
0.54
3.59
3.4
3.94
3.14
0.76
4.12
8.77
11.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
12.97
15.18
19.48
22.04
22.99
21.73
23.56
25.08
28.81
31.7
38.16
40.74
44.08
47.76
Tangible Book Value per Share
12.97
15.18
19.48
22.04
22.99
21.73
23.56
25.08
28.81
31.7
38.16
40.74
44.08
45.48
Basic Weighted Avg Shares
83
83
82
75
74
70
69
69
67
61
58
56
54
54
Sales/Revenue/Turnover
5,917
6,215
6,375
6,481
6,869
7,110
8,234
6,950
6,738
7,920
8,935
7,568
8,128
12,763
Operating Margin (%)
2.73
3.41
3.29
3.53
3.32
2.56
3.7
3.65
4.02
4.5
5.17
4.57
4.86
5.49
Depreciation Expense
96
98
101
112
119
119
117
114
110
109
118
122
119
164
Net Income, GAAP
79
197
377
188
139
-96
142
133
250
240
310
223
246
308
Effective Tax Rate (%)
23.26
- -
- -
8.2
34.97
197.94
42.38
30.72
11.4
20.49
20.66
25.13
21.56
28.61
Profit Margin (%)
1.34
3.17
5.92
2.9
2.02
-1.34
1.72
1.92
3.7
3.04
3.47
2.94
3.03
2.41
Working Capital
998
917
942
974
1,000
613
1,238
1,297
1,486
1,419
1,846
1,930
2,043
3,432
LT Debt
563
387
424
434
391
14
347
329
312
329
312
300
283
1,957
Total Equity
1,092
1,247
1,520
1,610
1,648
1,473
1,643
1,630
1,853
1,820
2,319
2,362
2,539
2,760
Return on Invested Capital (%)
6.88
- -
- -
10.06
7.06
-5.6
8.07
7.62
10.94
12.82
15.04
9.44
10.11
9.84
Return on Capital (%)
6.27
- -
- -
10.2
7.29
-5.83
7.75
7.65
12.83
11.88
13.32
8.59
8.75
9.26
Return on Common Equity (%)
7.72
16.86
27.27
12
8.52
-6.12
9.08
8.14
14.33
13.09
15.54
10.2
10.81
12.7

Capital Structure

USD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
172
172
215
LT Borrowings
1,999
2,000
1,957
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
54
Market Capitalization
8,294
6,862
13,575

Working Capital

USD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
7,853
7,611
7,828
Cash, Cash Equivalents & STI
1,416
1,576
1,845
Accounts Receivable, Net
2,646
2,230
1,987
Inventories
3,053
3,027
3,152
Total Current Liabilities
4,615
4,442
4,397
Payables & Accruals
3,193
3,039
3,032
ST Debt
172
172
215
Deferred Revenue
1,251
1,231
1,150

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.7%
9.73%
7.52%
Free Cash Flow
125.55%
87.56%
106.69%
Net Income, GAAP
-40.42%
18.99%
10.5%
Sales/Revenue/Turnover
3.08%
3.88%
7.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,875
1,835
1,841
2,018
7,568
2025
2,006
1,984
2,042
2,096
8,128
2026
3,190
4,013
3,464
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.01
0.94
0.93
1.12
4
2025
1.2
1.18
1.28
0.9
4.56
2026
0.91
1.72
2.17
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jure Sola
Full Time Employees
39,000
Sector
Electronic technology
Industry
Electronic production equipment
Address
2700 North First Street San Jose CA United States 95134
IPO Date
Apr 14, 1993
Business
Sanmina Corporation provides integrated manufacturing solutions, including design, engineering, production, logistics, repair and after-market services, to original equipment manufacturers primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure sectors. The company manufactures complex optical and RF transceivers, modulators and subsystems; printed circuit boards, backplanes and complex PCB assemblies including line cards and blades; enclosures, frames and cable systems; RF products such as base station radios and filters; injection-molded plastics; and complete systems and sub-assemblies including broadband routers, switches, wireless base stations, rack-scale AI infrastructure and server solutions. Sanmina operates globally across 21 countries on four continents with approximately 35,000 employees. Founded in Silicon Valley in 1980 and headquartered in San Jose, California, the company is a Fortune 500 firm publicly traded on Nasdaq under the ticker SANM. In 2025, Sanmina completed its $3 billion acquisition of ZT Systems' data center infrastructure manufacturing business from AMD, establishing a strategic partnership as preferred new product introduction manufacturer for AMD's cloud rack and cluster-scale AI solutions and expected to add $5-6 billion in annual revenue; secured $1.4 billion in new debt facilities including a $600 million delayed draw term loan and $800 million incremental term loan to fund the transaction and related growth; and announced expansion of its Ireland manufacturing site creating up to 150 jobs.

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