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Total debt at other companies

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Flex Ltd.FLEX
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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 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.

Plus components not separately reported this period.

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 total debt?
Sanmina Corp (SANM) reported total debt of $2.42B in Q1 2026.
How has Sanmina Corp's total debt changed year-over-year?
Sanmina Corp's total debt increased by 560.9% year-over-year, from $366.15M to $2.42B.
What is the long-term trend for Sanmina Corp's total debt?
Over 5 years (2020 to 2025), Sanmina Corp's total debt has grown at a -0.4% compound annual growth rate (CAGR), from $364.66M to $358.22M.
What does total debt mean?
The total amount of money a company owes to banks, bondholders, and other lenders.
How do you interpret total debt?
An increase in total debt suggests higher financial leverage and increased interest expense, which may heighten financial risk, while a decrease indicates deleveraging and improved balance sheet strength.
How does total debt compare across companies?
Peer companies in the electronics manufacturing services sector typically maintain moderate debt levels to balance capital expenditure requirements for equipment with the need to maintain financial flexibility during cyclical downturns.