Sanmina Corporation (Nasdaq: SANM) is a leading integrated manufacturing solutions provider serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina Corporationprovides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, defense and aerospace, industrial and semiconductor systems, medical, multimedia, computing and storage, automotive and clean technology sectors. Sanmina Corporation has facilities strategically located in key regions throughout the world.

San Jose, US
Size (employees)
45,397 (est)+4%
Sanmina was founded in 1980 and is headquartered in San Jose, US

Key People at Sanmina

Jure Sola

Jure Sola

Chairman and Chief Executive Officer
Bob Eulau

Bob Eulau

Executive Vice President and Chief Financial Officer
Alan Reid

Alan Reid

Executive Vice President, Global Human Resources
Dennis Young

Dennis Young

Executive Vice President, Worldwide Sales

Sanmina Office Locations

Sanmina has offices in San Jose, Gunzenhausen, , Singapore
San Jose, US (HQ)
2700 N 1st St
Singapore, SG
3 Depot Cl
Gunzenhausen, DE
1 Lerchenstraße

Sanmina Metrics

Sanmina Financial Metrics

Revenue (2016)

$6.5 b

Revenue growth (2015-16), %


Gross profit

$514.3 m

Gross profit margin (2016), %


Net income (2016)

$187.8 m

Market capitalization (21-Mar-2017)

$3 b

Closing share price (21-Mar-2017)


Cash (01-Oct-2016)

$398.3 m
Sanmina's current market capitalization is $3 b.
Sanmina's revenue was reported to be $6.5 b in FY, 2016 which is a 1.7% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$5.9 b$6.2 b$6.4 b$6.5 b

Revenue growth, %


Cost of goods sold

$5.5 b$5.7 b$5.9 b$6 b

Gross profit

$426.8 m$488.3 m$483.9 m$514.3 m

Gross profit Margin, %


Operating expense total

$269.2 m$288.6 m$280.8 m$289.5 m


$157.6 m$199.7 m$203.1 m$224.8 m

EBIT margin, %


Interest expense

$41 m$30.8 m$25 m$24.9 m

Interest income

$1 m$1.5 m$1.1 m$680 k

Pre tax profit

$103.4 m$161.7 m$176.2 m$204.6 m

Income tax expense

$24.1 m($35.4 m)($201.1 m)$16.8 m

Net Income

$79.4 m$197.2 m$377.3 m$187.8 m
FY, 2013FY, 2014FY, 2015FY, 2016


$402.9 m$466.6 m$412.3 m$398.3 m


$781.6 m$893.2 m$918.7 m$946.2 m

Current Assets

$2.2 b$2.5 b$2.4 b$2.4 b


$540.2 m$563 m$590.8 m$617.5 m

Total Assets

$3 b$3.3 b$3.5 b$3.6 b

Accounts Payable

$956.5 m$1.1 b$1 b$1.1 b

Total Debt

$562.5 m$386.7 m$423.9 m$434.1 m

Current Liabilities

$1.2 b$1.5 b$1.4 b$1.4 b

Non-Current Liabilities

$697.6 m$532.2 m$592.2 m$614.2 m

Total Liabilities

$1.9 b$2.1 b$2 b$2 b

Additional Paid-in Capital

$6.1 b$6.1 b$6.1 b$6.1 b

Retained Earnings

($4.9 b)($4.7 b)($4.3 b)($4.1 b)

Total Equity

$1.1 b$1.2 b$1.5 b$1.6 b

Debt to Equity Ratio

0.5 x0.3 x0.3 x0.3 x

Debt to Assets Ratio

0.2 x0.1 x0.1 x0.1 x

Financial Leverage

2.7 x2.7 x2.3 x2.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$79.4 m$197.2 m$377.3 m$187.8 m

Accounts Receivable

$56.8 m($35.8 m)$40.2 m($36.9 m)


$44.3 m($81.2 m)($13.7 m)$5.6 m

Accounts Payable

$22.3 m$174.3 m($116.9 m)$95.2 m

Cash From Operating Activities

$317.9 m$307.4 m$174.9 m$390.1 m

Purchases of PP&E

($76 m)($69.5 m)($119.1 m)($120.4 m)

Long-term Borrowings

($257.4 m)($422.3 m)($124 m)($4.4 m)

Interest Paid

$42.2 m$31.5 m$18.7 m$21.3 m

Income Taxes Paid

$18.1 m$29.1 m$44.8 m$29.3 m

Sanmina Market Value History

Sanmina Median Salaries

Source: 12 public H-1B filings from Sanmina

Sanmina Online Presence

Sanmina Company Life

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