Sanmina (SANM) vs Veralto (VLTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Sanmina (SANM) has outperformed Veralto (VLTO) over the past year, gaining 66.9% versus a loss of 5.8%. Veralto is the larger company by market cap ($23.63 billion vs $11.66 billion), about 2.0 times the size, while Sanmina is growing revenue faster (+7.4% vs +6.0%). On valuation, Sanmina trades at a lower forward P/E (15.6x vs 20.2x for Veralto).
Veralto pays a dividend yielding 0.52%, while Sanmina does not currently pay one. Veralto converts more of its revenue into profit, with a net margin of 17.1% versus 3.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | SANM | VLTO |
|---|---|---|
| Share price | $217.49 | $96.93 |
| Market cap | $11.66B | $23.63B |
| 1-day change | +3.33% | +0.47% |
| YTD return | +44.93% | -2.86% |
| 1-year return | +66.85% | -5.77% |
| 5-year return | +450.33% | — |
| P/E ratio (TTM) | 38.91 | 24.42 |
| Forward P/E | 15.63 | 20.25 |
| EPS (TTM) | $5.59 | $3.97 |
| Dividend yield | 0.00% | 0.52% |
| Annual dividend | $0.00 | $0.50 |
| Revenue (latest FY) | $8.13B | $5.50B |
| Revenue growth (YoY) | +7.40% | +5.97% |
| Net income (latest FY) | $245.89M | $940.00M |
| Gross margin | 8.81% | 59.95% |
| Operating margin | 4.36% | 23.21% |
| Net margin | 3.03% | 17.08% |
| 52-week high | $288.68 | $105.75 |
| 52-week low | $118.10 | $80.03 |
| Distance from 52-week high | -24.66% | -8.34% |
| Analyst consensus | none | buy |
| Avg. price target upside | +19.55% | +17.61% |
| Average volume | 680.66K | 1.68M |
| Shares outstanding | 53.60M | 243.79M |
| Employees | 35,000 | 17,000 |
| Sector | Technology | Industrials |
| Industry | Electrical Products | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Veralto is about 2.0 times larger than Sanmina by market value ($23.63B vs $11.66B).
- SANM has outperformed VLTO by 72.6 percentage points over the past year.
- Sanmina trades at a higher earnings multiple (38.9x vs 24.4x trailing P/E).
- Veralto is more profitable, keeping 17.1 cents of every revenue dollar as net income versus 3.0 cents for Sanmina.
- The two companies sit in different sectors: Sanmina in Technology and Veralto in Industrials.
About Sanmina
SANM stock →Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two businesses: Integrated Manufacturing Solutions; and Components, Products and Services.
Technology · Electrical Products · 35,000 employees
About Veralto
VLTO stock →Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI).
Industrials · Electrical Products · 17,000 employees
SANM vs VLTO FAQ
Which is bigger, Sanmina or Veralto?
Veralto (VLTO) is larger, with a market capitalization of $23.63B compared with $11.66B for Sanmina (SANM).
Which stock has performed better over the past year, SANM or VLTO?
SANM returned +66.85% over the past 12 months, compared with -5.77% for VLTO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, SANM or VLTO?
VLTO has the lower trailing P/E at 24.4, versus 38.9 for SANM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Sanmina or Veralto?
Veralto pays a dividend yielding 0.52%, while Sanmina does not currently pay a regular dividend.
Are Sanmina and Veralto in the same industry?
Yes. Both are classified in the Electrical Products industry within the Technology sector.