profit from every $100 of sales.
$0$100
Sanmina
$158.31-3.75% today
+2.4% in 1 year
1-year low $122.861-year high $282.72
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $34.51 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Sanmina sold, what it kept, and what it did with the cash.
Sales went from $7.92 billion in 2022 to $8.13 billion in 2025, with $246 million of profit last year.
SalesProfit
Sanmina handed back 24% of the cash it generated last year.
Buybacks $114M
Free cash flow 2025$473M
Bought back its own shares$114M
Paid as dividends–
Cash vs. debt$926M vs. $300M
Sanmina vs. similar companies
Sanmina grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Sanmina | 34.5× · Expensive | ||
 TE Connectivity | 19.1× · Fair price | ||
 Celestica | 36.4× · Expensive | ||
 Teledyne Technologies | 33.1× · Expensive | ||
 Flex | 31.5× · Expensive |
AI analysis
An AI analyst reads Sanmina's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 6,950 | 6,738 | 7,920 | 8,935 | 7,568 | 8,128 | |
| 517 | 526 | 622 | 743 | 640 | 716 | |
| 219 | 256 | 356 | 462 | 346 | 395 | |
| 335 | 411 | 434 | 567 | 469 | 479 | |
| 133 | 250 | 240 | 310 | 223 | 246 | |
| 1.88 | 3.72 | 4.06 | 5.18 | 3.91 | 4.46 | |
| 7.4% | 7.8% | 7.9% | 8.3% | 8.5% | 8.8% | |
| 3.2% | 3.8% | 4.5% | 5.2% | 4.6% | 4.9% | |
| 1.9% | 3.7% | 3.0% | 3.5% | 2.9% | 3.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 3,773 | 4,204 | 4,836 | 4,874 | 4,823 | 5,858 |
| Cash | 481 | 650 | 530 | 668 | 626 | 926 |
| Total debt | 348 | 330 | 347 | 338 | 317 | 300 |
| Total liabilities | – | – | 3,016 | 2,555 | 2,461 | 3,319 |
| 1,623 | 1,853 | 1,820 | 2,169 | 2,197 | 2,354 | |
| 71 | 67 | 63 | 60 | 57 | 55 | |
| 8.9% | 10.9% | 11.8% | 14.2% | 10.9% | 10.7% | |
| 8.2% | 13.5% | 13.2% | 14.3% | 10.1% | 10.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 301 | 338 | 331 | 235 | 340 | 621 | |
| 66 | 73 | 139 | 191 | 111 | 147 | |
| 235 | 265 | 192 | 44 | 229 | 473 | |
| Dividends paid | – | – | – | – | – | – |
| 179 | 64 | 331 | 85 | 228 | 114 | |
| 26 | 35 | 40 | 50 | 57 | 63 |
Valuation
- 34.5×
- 14.2×
- 1.83
- 5.3×
- 1.0×
- 17.9×
- 16.4×
- 5.6%
- 2.9%
- 0.0%
Profitability
- 8.8%
- 4.9%
- 3.0%
- 4.6%
- 7.4%
- 10.3%
- 10.9%
- 2.7%
- 10.0%
- 0.3%
Growth
- +3.2%
- +18.9%
- +106.7%
- –
- −4.9%
Financial health
- 1.2×
- 0.90
- 22.5%
- 7.8×
- 1.71
- 1.03
- 1.17
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 48%of 977
Bottom 37%of 977
Bottom 41%of 748
Bottom 33%of 982
Top 23%of 984
What analysts expect
- Average price target
- $200.00
- Range
- $200.00 – $200.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 27, 2026 | 3.16 | 2.42 | +30.6% |
| Jan 26, 2026 | 2.38 | 2.15 | +10.7% |
| Nov 3, 2025 | 1.67 | 1.57 | +6.4% |
| Jul 28, 2025 | 1.53 | 1.42 | +7.7% |
| Apr 28, 2025 | 1.41 | 1.38 | +2.2% |
| Jan 27, 2025 | 1.44 | 1.35 | +6.7% |
| Nov 4, 2024 | 1.43 | 1.36 | +5.1% |
| Jul 29, 2024 | 1.25 | 1.30 | −3.8% |
News
Biggest stock movers Tuesday: RKLB, TTD, SANM, and moreSeeking Alpha · Nov 10, 2026Stocks making big moves after hours: SANM, KEYS, AIZSeeking Alpha · Oct 14, 2026Sanmina (SANM) Up 10.8% Since Last Earnings Report: Can It Continue?Yahoo Finance · Aug 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
48No pass
Benjamin Graham
38No pass
Philip Fisher
46No pass
Peter Lynch
47No pass
Joel Greenblatt
19No pass
Charlie Munger
33No pass
Terry Smith
38No pass
Questions about Sanmina
Is Sanmina a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Sanmina AI analysis
What does Sanmina do?
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. It is in Hardware, Equipment & Parts, based in San Jose, CA, United States, with 35,000 employees.
Does Sanmina pay a dividend?
No. Sanmina does not pay a dividend at the moment; in 2025 it returned $114 million to shareholders by buying back its own shares.
Is Sanmina stock halal?
Yes. Sanmina passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has Sanmina stock done over the past year?
Up 2.4% over the past twelve months, to $158.31. It traded between $122.86 and $282.72 and is 44.0% below its high.
Who are Sanmina's competitors?
The largest listed companies in the same industry are TE Connectivity, Celestica, Teledyne Technologies and Flex. The peers table on this page compares their profit, growth and price with Sanmina's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.