Sanmina (SANM) Tax Rate (2010 - 2026)
Sanmina's (SANM) quarterly Tax Rate came in at 34.65% in Q2 2026, up 1387.0% year-over-year from 2.33% in Q2 2025, and up 36.36% quarter-over-quarter from 25.41% in Q1 2026.
Analysis
Sanmina (SANM) Tax Rate (2010 - 2026) Analysis & Trends
Sanmina (SANM) has reported Tax Rate for 17 consecutive years, with 34.65% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 1387.0% year-over-year to 34.65% in Q2 2026; TTM through Jun 2026 was 28.6%, a 818.0% increase from a year earlier, with the FY2025 full-year figure at 21.56%, down 364.0% from the prior year.
- Tax Rate was 34.65% for Q2 2026 at Sanmina, up from 25.41% in the prior quarter.
- Over five years, Tax Rate peaked at 34.65% in Q2 2026 and troughed at 2.54% in Q3 2022.
- A 5-year average of 22.82% and a median of 24.53% in 2022 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 2120 bps in 2022, down 830 bps in 2022.
- Over 5 years, Tax Rate stood at 18.11% in 2022, then jumped by 44 bps to 26.1% in 2023, then sank by 32 bps to 17.84% in 2024, then declined by 9 bps to 16.24% in 2025, then jumped by 113 bps to 34.65% in 2026.
- The last three Tax Rate figures came in at 34.65% (Q2 2026), 25.41% (Q1 2026), and 16.24% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.37 Bn | 38.53 Bn | 747.00 Mn | 24.40% |
| 2 | Celestica | 39.75 Bn | 39.22 Bn | 577.50 Mn | 21.47% |
| 3 | Jabil | 32.98 Bn | 31.62 Bn | 828.00 Mn | 24.86% |
| 4 | Fabrinet | 15.16 Bn | 14.28 Bn | 158.05 Mn | 30.27% |
| 5 | Ttm Technologies | 13.23 Bn | 12.72 Bn | 211.86 Mn | -2.22% |
| 6 | Sanmina | 11.08 Bn | 9.23 Bn | 363.31 Mn | 34.65% |
| 7 | Plexus | 6.61 Bn | 6.30 Bn | 131.38 Mn | 23.92% |
| 8 | Benchmark Electronics | 2.67 Bn | 2.35 Bn | 78.40 Mn | 30.76% |
| 9 | Kimball Electronics | 610.32 Mn | 521.39 Mn | 32.95 Mn | 67.80% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 34.65% |
| Mar 28, 2026 | 25.41% |
| Dec 27, 2025 | 16.24% |
| Sep 27, 2025 | 28.86% |
| Jun 28, 2025 | 20.79% |
| Mar 29, 2025 | 20.36% |
| Dec 28, 2024 | 17.84% |
| Sep 28, 2024 | 22.65% |
| Jun 29, 2024 | 26.80% |
| Mar 30, 2024 | 25.69% |
| Dec 30, 2023 | 26.10% |
| Sep 30, 2023 | 24.55% |
| Jul 1, 2023 | 17.44% |
| Apr 1, 2023 | 23.41% |
| Dec 31, 2022 | 18.11% |
| Oct 1, 2022 | 24.53% |
| Jul 2, 2022 | 2.54% |
| Apr 2, 2022 | 31.27% |
| Jan 1, 2022 | 26.40% |
| Oct 2, 2021 | 15.25% |