SanDisk (TSX:SNDK) EBIT: C$7,228 Mil (TTM As of Mar. 2026)


TSX:SNDK SanDisk Corp TSX:SNDK
47 GF Score
Price C$47.01
! 3 Warning Signs
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What is SanDisk EBIT?

SanDisk TSX:SNDK -2.45% 47 EBIT is C$7,228 Mil as of Mar. 2026. GuruFocus rates TSX:SNDK with a GF Score™ of 47/100. The stock has 3 warning signs investors should review.

SanDisk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$5,643 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$7,228 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SanDisk's annualized ROC % for the quarter that ended in Mar. 2026 was 135.59%. SanDisk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 493.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SanDisk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 361.42%.

SanDisk  (TSX:SNDK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SanDisk's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=22852.032 * ( 1 - 11.98% )/( (13553.587 + 16115.512)/ 2 )
=20114.3585664/14834.5495
=135.59 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17930.741 - 2254.103 - ( 2123.051 - max(0, 2281.693 - 7104.425+2123.051))
=13553.587

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23426.9 - 2186.968 - ( 5124.42 - max(0, 2630.124 - 12578.496+5124.42))
=16115.512

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SanDisk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22572.144/( ( (870.465 + max(2665.194, 0)) + (890.428 + max(4712.82, 0)) )/ 2 )
=22572.144/( ( 3535.659 + 5603.248 )/ 2 )
=22572.144/4569.4535
=493.98 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1709.201 + 2717.615 + 492.481) - (2254.103 + 0 + 0)
=2665.194

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3740.072 + 3070.536 + 532.336) - (2186.968 + 443.156 + 0)
=4712.82

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SanDisk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7228.429/2000.031
=361.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SanDisk EBIT Related Terms

SanDisk EBIT Historical Data

* Premium members only.

The historical data trend for SanDisk's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SanDisk EBIT Chart

SanDisk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,861.85 897.21 -2,618.67 -634.54 -1,935.39

SanDisk Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,706.11 31.44 226.88 1,327.08 5,643.04

TSX:SNDK vs DELL, ANET, STX: EBIT Comparison

For the Computer Hardware subindustry, SanDisk's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SanDisk EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, SanDisk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SanDisk's EV-to-EBIT falls into.


TSX:SNDK
47GF Score
SanDisk Corp TSX:SNDK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SanDisk EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7,228 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$7,228 Mil mean?
SanDisk (TSX:SNDK) has a EBIT of C$7,228 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SanDisk.
Is SanDisk's EBIT too high?
SanDisk's current EBIT is C$7,228 Mil. Overall, SanDisk has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does SanDisk's EBIT compare to DELL and ANET?
SanDisk's EBIT of C$7,228 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SanDisk. SanDisk's current EBIT is C$7,228 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SanDisk stock overvalued right now?
SanDisk (TSX:SNDK) has a current EBIT of C$7,228 Mil. The current EBIT is C$7,228 Mil. SanDisk's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For SanDisk (TSX:SNDK), the current EBIT is C$7,228 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SanDisk Business Description

Address 951 SanDisk Drive, Milpitas, CA, USA, 95035
Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.
47GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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