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Sanmina Corp SANM Interest coverage

Interest coverage at other companies

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Flex Ltd.FLEX
6.4×+1.0×
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CelesticaCLS
21.6×+9.9×
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TTM TechnologiesTTMI
6.5×+3.3×
Fabrinet logo
FabrinetFN
20,408×+19,673×
Amkor Technology logo
Amkor TechnologyAMKR
+0.9×
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EntegrisENTG
2.4×-0.2×

Other financials

Income statement

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Revenue$4.0B+102%
Gross profit$353.8M+101%
Operating income$157.0M+71.4%
Net income$93.6M+45.8%
EPS (diluted)$1.70+46.6%

Balance sheet

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Cash & equivalents$1.6B+137%
Total debt$2.4B+561%
Total equity$2.6B+9.0%
Total assets$9.7B+94.7%

Cash flow

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Operating cash flow$398.8M+154%
CapEx$56.7M+84.7%
Free cash flow$342.0M+171%

Valuation

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Market cap$12.94B+172%
Enterprise value$13.74B+214%
P/E49.9×+30.2×
P/S1.1×+0.5×

Profitability

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Gross margin8.5%0.0pp
Operating margin3.6%-0.9pp
Net margin2.3%-0.8pp
FCF margin6.5%+3.1pp

Returns & leverage

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Return on equity10.4%+0.1pp
Debt / equity0.9×+0.8×
Current ratio1.7×-0.2×

Where this comes from

Calculated from Sanmina Corp’s reported figures.

Based on trailing twelve months.

The official record: Sanmina Corp’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sanmina Corp's interest coverage?
Sanmina Corp (SANM) reported interest coverage of 6× in Q1 2026.
How has Sanmina Corp's interest coverage changed year-over-year?
Sanmina Corp's interest coverage decreased by 61.3% year-over-year, from 15.6× to 6×.
What is the long-term trend for Sanmina Corp's interest coverage?
Over 5 years (2020 to 2025), Sanmina Corp's interest coverage has grown at a 18.3% compound annual growth rate (CAGR), from 7.6× to 17.6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.