Sandisk Financial Ratios
NASDAQ: SNDKTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Sandisk ratio analysis
Sandisk earned a net margin of 56.5% in FY 2026, up from -22.3% a year earlier. Gross margin was 71.5% compared with a median of 16.1% over the prior 3 years. Return on equity reached 72.7%, meaning Sandisk generated 0.73 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 0.00 versus 0.20 the year before, and the current ratio was 2.29. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Sandisk financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 23.66 | — | — | — |
| Price / sales | 12.67 | 0.93 | — | — |
| Price / book | 16.30 | 0.74 | — | — |
| Gross margin | 71.5% | 30.1% | 16.1% | 7.1% |
| Operating margin | 61.2% | -18.7% | -7.0% | -33.4% |
| Net margin | 56.5% | -22.3% | -10.1% | -35.2% |
| Free cash flow margin | 56.8% | -1.6% | -7.1% | -15.3% |
| Return on equity (ROE) | 72.7% | -17.8% | -6.1% | -18.7% |
| Return on assets (ROA) | 50.8% | -12.6% | -5.0% | — |
| Debt / equity | 0.00 | 0.20 | 0.00 | — |
| Current ratio | 2.29 | 3.56 | 1.67 | — |
| Revenue growth | 175.3% | 10.4% | 9.5% | — |