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SANM Financials Sanmina Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 4.8% per year over the past 5 years.
  • Net income has grown faster than revenue (13.0% vs 4.8% per year).
  • Free cash flow has grown 15.1% per year over the past 5 years.

Financial health

  • The company holds more cash ($926M) than total debt ($300M).
  • Total debt has grown slower than revenue (-2.9% vs 4.8% per year).
  • Operating income covered interest expense 18× in the latest year.
  • Total debt is 0.6× EBITDA.
Revenue & net income
-$96M $4B $9B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 4% 9% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $237M $473M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $579M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$367M $127M $621M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $8.1B $246M 8.8% 4.4% $473M $300M $926M
2024 $7.6B $223M 8.5% 4.4% $229M $300M $626M
2023 $8.9B $310M 8.3% 5.1% $44M $312M $668M
2022 $7.9B $240M 7.9% 4.4% $192M $329M $530M
2021 $6.7B $250M 7.8% 3.8% $265M $312M $650M
2020 $133M $235M $348M $481M
2019 $142M $248M $385M $455M
2018 -$96M $38M $393M $420M
2017 $139M $139M $395M $407M
2016 $188M $270M $437M $398M
2015 $377M $56M $427M $412M
2014 $197M $534M $467M
2013 $79M $563M $403M
2012 $180M $137M $837M $410M
2011 $69M $127M $1.2B $640M

Valuation over time

How the market has priced SANM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 28.3 56.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.9 1.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is SANM growing its revenue and profit?

Over the past 5 years, Sanmina Corp's revenue has grown 4.8% per year, and net income grown 13.0% per year. These are computed facts, not advice.

How much debt does SANM have?

As of FY2025, Sanmina Corp reported $300M of total debt against $926M of cash; operating income covered interest expense 18×.

What is SANM's profit margin?

In FY2025, gross margin was 8.8%, operating margin 4.4%, and net margin 3.0%.

What is SANM's P/E ratio?

As of Jun '26, Sanmina Corp traded at a price-to-earnings ratio of about 55.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.