SanDiskSNDK -2.15%46 FCF Margin % is 50.30% as of Mar. 2026, which is 340% above its 10-year median of 11.44. GuruFocus rates SNDK with a GF Score™ of 46/100. The stock has 3 warning signs investors should review. Among 2,469 Hardware companies, SanDisk ranks better than 98.14% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. SanDisk's Free Cash Flow for the
three
months ended in Mar. 2026 was $2,993 Mil. SanDisk's Revenue for the
three
months ended in Mar. 2026 was $5,950 Mil. Therefore, SanDisk's FCF Margin % for the quarter that ended in Mar. 2026 was 50.30%.
The historical rank and industry rank for SanDisk's FCF Margin % or its related term are showing as below:
SNDK'
s FCF Margin % Range Over the Past 10 Years
Min: -15.31 Med: 11.44 Max: 33.83
Current: 33.83
During the past 13 years, the highest FCF Margin % of SanDisk was 33.83%. The lowest was -15.31%. And the median was 11.44%.
SNDK's FCF Margin % is ranked better than 98.14% of 2469
companies
in the Hardware industry
Industry Median: 0.63
vs SNDK: 33.83
SanDisk FCF Margin % Related Terms
SanDisk FCF Margin % Historical Data
* Premium members only.
The historical data trend for SanDisk's FCF Margin % 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.
For the Computer Hardware subindustry, SanDisk's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, SanDisk's FCF Margin % distribution charts can be found below:
* The bar in red indicates where SanDisk's FCF Margin % falls into.
* 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 (SNDK) has a FCF Margin % of 50.30% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SanDisk and its competitors. This is 340% above median its historical median of 11.44. According to the industry distribution chart, SanDisk ranks #46 out of 2469 companies in the Hardware industry, placing it in the top 1.9%.
Is SanDisk's FCF Margin % too high?
SanDisk's current FCF Margin % of 50.30% is 340% above median its 10-year median of 11.44. The Hardware industry median FCF Margin % is 0.63. SanDisk's value of 50.30% is 7884.1% above this industry median. Based on the distribution chart, SanDisk ranks #46 out of 2469 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, SanDisk has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does SanDisk's FCF Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, SanDisk ranks #46 out of 2469 companies for FCF Margin %. This places SanDisk in the top 2% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.63. SanDisk's value of 50.30% is 7884.1% above this benchmark. While the company's 10-year median is 11.44 vs. the industry median of 0.63, SanDisk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.63, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SanDisk's current FCF Margin % of 50.30% is 7884.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SanDisk and its competitors. For the Hardware industry, the median FCF Margin % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SanDisk's current FCF Margin % is 50.30%, which is 340% above median its own 10-year median of 11.44. 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 (SNDK) has a current FCF Margin % of 50.30%. The current FCF Margin % is 50.30%, which is 340% above median its 10-year median of 11.44 and 7884.1% above the Hardware industry median of 0.63. SanDisk's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For SanDisk (SNDK), the current FCF Margin % is 50.30% 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 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.
46GF Score
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