TTM Technologies (TTMI) Financials

$171.87 +3.05 (+1.81%)

Closing price 04:00 PM Eastern

Extended Trading

$171.80 -0.06 (-0.04%)

As of 04:21 PM Eastern

Annual Income Statements for TTM Technologies

This table shows TTM Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/28/2015	1/2/2017	1/1/2018	12/31/2018	12/30/2019	12/28/2020	1/3/2022	1/2/2023	1/1/2024	12/30/2024	12/29/2025
Net Income / (Loss) Attributable to Common Shareholders	-26	35	124	174	41	178	54	95	-19	56	177
Consolidated Net Income / (Loss)	-26	36	125	174	41	178	54	95	-19	56	177
Net Income / (Loss) Continuing Operations	-26	36	125	135	32	-16	54	95	-19	56	177
Total Pre-Tax Income	8.98	67	140	47	34	-46	70	183	0.30	84	210
Total Operating Income	61	173	213	119	110	28	126	210	42	116	265
Total Gross Profit	310	424	430	403	377	359	372	458	413	477	602
Total Revenue	2,095	2,533	2,659	2,238	2,133	2,105	2,249	2,495	2,233	2,443	2,906
Operating Revenue	2,095	2,533	2,659	2,238	2,133	2,105	2,249	2,495	2,233	2,443	2,906
Total Cost of Revenue	1,785	2,110	2,229	1,835	1,756	1,746	1,877	2,037	1,819	1,965	2,305
Operating Cost of Revenue	1,785	2,110	2,229	1,835	1,756	1,746	1,877	2,037	1,819	1,965	2,305
Total Operating Expenses	249	250	217	284	268	331	246	248	371	361	337
Selling, General & Admin Expense	168	147	126	138	129	122	125	158	150	170	192
Marketing Expense	57	66	66	70	69	64	63	75	77	80	85
Research & Development Expense	-	-	-	14	18	20	18	25	27	32	29
Amortization Expense	19	24	24	57	46	39	36	37	49	36	28
Impairment Charge	0.00	3.35	-	0.00	0.00	69	0.00	0.00	44	33	0.00
Restructuring Charge	7.38	8.95	1.19	4.66	5.38	17	4.25	4.09	24	11	2.85
Other Special Charges / (Income)	-2.50	-	-	-	-	-	0.00	-52	0.00	0.00	0.00
Total Other Income / (Expense), net	-52	-106	-73	-72	-75	-74	-56	-28	-42	-32	-54
Interest Expense	61	124	55	76	82	73	61	46	49	48	45
Other Income / (Expense), net	8.19	17	-18	3.98	6.78	-1.21	4.75	18	7.26	15	-9.01
Income Tax Expense	35	31	15	-88	2.41	-30	16	88	19	28	33
Basic Earnings per Share	($0.28)	$0.35	$1.22	$1.68	$0.39	$1.67	$0.51	$0.93	($0.18)	$0.55	$1.73
Weighted Average Basic Shares Outstanding	92.40M	100.10M	101.58M	103.36M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M
Diluted Earnings per Share	($0.28)	$0.34	$1.04	$1.38	$0.39	$1.67	$0.50	$0.91	($0.18)	$0.54	$1.68
Weighted Average Diluted Shares Outstanding	92.40M	100.10M	101.58M	103.36M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M
Weighted Average Basic & Diluted Shares Outstanding	92.40M	100.10M	101.58M	103.36M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M

This table shows TTM Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/2/2023	1/1/2024	4/1/2024	7/1/2024	9/30/2024	12/30/2024	3/31/2025	6/30/2025	9/29/2025	12/29/2025	3/30/2026
Net Income / (Loss) Attributable to Common Shareholders	-37	17	10	26	14	5.17	32	42	53	51	50
Consolidated Net Income / (Loss)	-37	17	10	26	14	5.17	32	42	53	51	50
Net Income / (Loss) Continuing Operations	-37	17	10	26	14	5.17	32	42	53	51	50
Total Pre-Tax Income	-17	18	14	31	25	14	41	46	62	62	59
Total Operating Income	-10	35	17	39	51	9.03	50	62	72	81	72
Total Gross Profit	113	115	104	117	130	127	131	148	157	166	181
Total Revenue	573	569	570	605	617	651	649	731	753	774	846
Operating Revenue	573	569	570	605	617	651	649	731	753	774	846
Total Cost of Revenue	459	454	466	488	487	524	518	583	596	608	665
Operating Cost of Revenue	459	454	466	488	487	524	518	583	596	608	665
Total Operating Expenses	123	81	87	78	79	118	81	86	85	85	109
Selling, General & Admin Expense	39	38	44	39	43	45	44	50	49	50	69
Marketing Expense	19	19	20	20	20	20	21	21	22	21	25
Research & Development Expense	6.17	7.59	7.32	8.55	8.05	7.92	8.06	7.01	7.04	6.88	7.81
Amortization Expense	11	11	11	10	6.95	6.91	6.89	6.89	6.89	6.89	6.89
Restructuring Charge	4.09	5.29	3.94	1.04	1.39	4.83	0.71	1.41	0.51	0.22	0.30
Total Other Income / (Expense), net	-7.06	-17	-3.00	-8.45	-26	5.30	-9.27	-16	-10	-19	-14
Interest Expense	10	13	12	12	12	11	11	11	10	12	11
Other Income / (Expense), net	3.04	-3.39	9.33	3.77	-14	17	2.20	-5.15	0.31	-6.37	-3.32
Income Tax Expense	20	0.55	3.60	4.18	11	9.16	8.81	4.00	8.76	11	8.54
Basic Earnings per Share	($0.36)	$0.17	$0.10	$0.26	$0.14	$0.05	$0.32	$0.41	$0.51	$0.49	$0.48
Weighted Average Basic Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M
Diluted Earnings per Share	($0.36)	$0.17	$0.10	$0.25	$0.14	$0.05	$0.31	$0.40	$0.50	$0.47	$0.47
Weighted Average Diluted Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M
Weighted Average Basic & Diluted Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M

This table details how cash moves in and out of TTM Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/28/2015	1/2/2017	1/1/2018	12/31/2018	12/30/2019	12/28/2020	1/3/2022	1/2/2023	1/1/2024	12/30/2024	12/29/2025
Net Change in Cash & Equivalents	-20	-2.82	153	-153	144	51	86	-135	47	54	-2.70
Net Cash From Operating Activities	237	298	333	273	312	287	177	273	187	237	292
Net Cash From Continuing Operating Activities	237	298	333	273	312	287	177	273	187	237	292
Net Income / (Loss) Continuing Operations	-26	36	125	174	41	178	54	95	-19	56	177
Consolidated Net Income / (Loss)	-26	36	125	174	41	178	54	95	-19	56	177
Depreciation Expense	134	156	151	163	167	121	86	91	99	105	110
Amortization Expense	34	43	35	78	68	63	43	45	64	47	39
Non-Cash Adjustments To Reconcile Net Income	-0.77	62	19	17	16	-177	-19	-17	109	-27	-45
Changes in Operating Assets and Liabilities, net	96	1.01	3.56	-158	20	103	11	59	-66	55	10
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00
Net Cash From Investing Activities	-248	-78	-124	-746	-136	404	-84	-395	-92	-146	-274
Net Cash From Continuing Investing Activities	-248	-78	-124	-746	-136	404	-84	-395	-92	-146	-274
Purchase of Property, Plant & Equipment	-100	-85	-151	-150	-143	-103	-82	-103	-160	-186	-293
Acquisitions	-169	-	-	-596	-	0.00	-3.19	-298	0.00	0.00	0.00
Sale of Property, Plant & Equipment	21	3.64	27	0.33	6.60	0.74	1.43	6.01	6.54	33	0.78
Divestitures	-	-	-	0.00	0.00	507	0.00	0.00	0.00	0.00	0.00
Other Investing Activities, net	-0.02	3.53	-	0.00	0.00	-0.62	-0.43	-0.25	62	6.66	18
Net Cash From Financing Activities	-5.76	-217	-59	321	-32	-642	-7.23	-11	-48	-37	-21
Net Cash From Continuing Financing Activities	-5.76	-217	-59	321	-32	-642	-7.23	-11	-48	-37	-21
Repayment of Debt	-1,003	-1,024	-774	-301	-32	-642	-439	-50	-297	-11	-4.78
Repurchase of Common Equity	-	-	-	-	0.00	0.00	-65	-35	-24	-34	-18
Issuance of Debt	1,030	805	725	623	0.00	0.00	500	50	285	8.42	0.00
Other Financing Activities, net	-33	1.74	-10	-1.31	0.00	0.00	-3.23	24	-11	0.00	1.74
Effect of Exchange Rate Changes	-3.99	-6.08	3.36	-0.97	-0.36	2.25	0.86	-1.03	-0.12	-0.14	0.28
Cash Interest Paid	34	72	39	63	71	59	42	43	48	49	46
Cash Income Taxes Paid	14	25	20	28	20	18	5.21	4.57	54	19	37

This table details how cash moves in and out of TTM Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/2/2023	1/1/2024	4/1/2024	7/1/2024	9/30/2024	12/30/2024	3/31/2025	6/30/2025	9/29/2025	12/29/2025	3/30/2026
Net Change in Cash & Equivalents	9.62	42	-9.82	5.86	23	34	-93	37	43	10	-91
Net Cash From Operating Activities	59	47	44	42	65	86	-11	98	142	63	22
Net Cash From Continuing Operating Activities	59	47	44	42	65	86	-11	98	142	63	22
Net Income / (Loss) Continuing Operations	-37	17	10	26	14	5.17	32	42	53	51	50
Consolidated Net Income / (Loss)	-37	17	10	26	14	5.17	32	42	53	51	50
Depreciation Expense	24	25	25	26	28	27	27	28	28	28	29
Amortization Expense	14	14	14	13	9.78	9.78	9.76	9.76	9.77	9.77	9.78
Non-Cash Adjustments To Reconcile Net Income	46	20	-22	-11	-4.63	10	16	-42	-10	-8.96	-21
Changes in Operating Assets and Liabilities, net	12	-29	16	-13	18	34	-96	61	62	-17	-47
Net Cash From Investing Activities	-34	-46	-43	-9.96	-41	-53	-63	-60	-99	-51	-107
Net Cash From Continuing Investing Activities	-34	-46	-43	-9.96	-41	-53	-63	-60	-99	-51	-107
Purchase of Property, Plant & Equipment	-34	-46	-49	-39	-41	-56	-63	-60	-99	-69	-107
Sale of Property, Plant & Equipment	0.04	0.12	0.05	30	0.04	3.27	0.10	0.17	0.22	0.29	0.05
Net Cash From Financing Activities	-15	40	-11	-26	-1.11	1.40	-19	-0.95	0.55	-1.70	-6.20
Net Cash From Continuing Financing Activities	-15	40	-11	-26	-1.11	1.40	-19	-0.95	0.55	-1.70	-6.20
Repayment of Debt	-0.88	-	-1.75	-0.88	-7.22	-0.92	-0.95	-0.95	-0.95	-1.94	-1.20
Repurchase of Common Equity	-15	-9.82	-9.33	-25	-	-	-18	-	-	-	0.00
Other Financing Activities, net	-	-	-	-	-	-	0.00	-	-	0.24	-5.00
Effect of Exchange Rate Changes	0.02	0.18	-0.07	-0.02	0.21	-0.26	0.03	0.09	0.03	0.14	0.07
Cash Interest Paid	17	5.20	20	7.47	16	6.34	17	6.57	16	6.39	16
Cash Income Taxes Paid	2.21	26	4.31	7.16	3.72	3.57	10	5.02	4.00	18	5.31

This table presents TTM Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/28/2015	1/2/2017	1/1/2018	12/31/2018	12/30/2019	12/28/2020	1/3/2022	1/2/2023	1/1/2024	12/30/2024	12/29/2025
Total Assets	2,640	2,500	2,782	3,458	3,561	2,896	3,026	3,324	3,324	3,472	3,840
Total Current Assets	1,023	1,013	1,221	1,207	1,343	1,249	1,407	1,493	1,430	1,607	1,855
Cash & Equivalents	259	256	409	256	380	452	538	403	450	504	501
Accounts Receivable	456	433	484	523	504	381	386	473	414	449	564
Inventories, net	269	269	295	109	114	116	128	171	213	225	250
Prepaid Expenses	35	55	33	30	23	27	31	41	54	48	72
Other Current Assets	-	-	0.00	288	255	273	325	405	292	381	468
Plant, Property, & Equipment, net	1,103	967	1,057	1,052	678	650	666	724	808	870	1,011
Total Noncurrent Assets	515	521	504	1,199	1,540	997	952	1,106	1,086	996	974
Goodwill	347	373	373	767	707	637	637	760	703	670	670
Intangible Assets	151	127	103	376	326	281	240	288	237	192	155
Other Noncurrent Operating Assets	17	21	28	56	82	78	75	58	147	134	149
Total Liabilities & Shareholders' Equity	2,640	2,500	2,782	3,458	3,561	2,896	3,026	3,324	3,324	3,472	3,840
Total Liabilities	1,813	1,671	1,771	2,230	2,282	1,452	1,570	1,788	1,813	1,909	2,078
Total Current Liabilities	745	689	720	673	947	518	558	761	704	809	962
Short-Term Debt	157	111	4.58	30	250	-	-	50	3.50	3.80	3.82
Accounts Payable	377	372	497	431	330	327	361	362	335	406	544
Current Deferred Revenue	-	-	-	-	-	-	14	-	127	171	176
Current Employee Benefit Liabilities	109	97	104	95	85	97	89	116	99	108	133
Other Current Liabilities	-	12	0.00	117	96	94	93	234	141	120	106
Total Noncurrent Liabilities	1,068	982	1,050	1,557	1,335	934	1,012	1,027	1,109	1,100	1,116
Long-Term Debt	1,013	909	975	1,462	1,226	843	928	879	914	914	912
Other Noncurrent Operating Liabilities	55	73	75	95	108	91	84	147	194	185	204
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	827	829	1,011	1,227	1,279	1,444	1,455	1,536	1,511	1,564	1,762
Total Preferred & Common Equity	819	821	1,011	1,227	1,279	1,444	1,455	1,536	1,511	1,564	1,762
Total Common Equity	819	821	1,011	1,227	1,279	1,444	1,455	1,536	1,511	1,564	1,762
Common Stock	746	759	777	798	815	831	840	858	881	911	952
Retained Earnings	46	75	231	433	474	652	706	801	782	838	1,016
Treasury Stock	-	-	-	-	-	0.00	-64	-99	-123	-158	-175
Accumulated Other Comprehensive Income / (Loss)	1.62	-44	3.40	-3.92	-10	-39	-27	-25	-29	-28	-31

This table presents TTM Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	10/3/2022	4/3/2023	7/3/2023	10/2/2023	4/1/2024	7/1/2024	9/30/2024	3/31/2025	6/30/2025	9/29/2025	3/30/2026
Total Assets	3,293	3,176	3,148	3,267	3,299	3,343	3,419	3,455	3,578	3,721	3,981
Total Current Assets	1,439	1,378	1,336	1,353	1,406	1,453	1,525	1,584	1,676	1,756	1,914
Cash & Equivalents	336	417	399	408	440	446	470	411	448	491	410
Accounts Receivable	481	399	387	391	368	401	423	496	495	500	618
Inventories, net	205	177	187	206	221	217	228	247	250	254	280
Prepaid Expenses	54	34	45	37	57	49	42	52	58	64	92
Other Current Assets	364	351	313	304	321	340	363	378	425	447	513
Plant, Property, & Equipment, net	746	714	710	808	826	838	859	888	919	992	1,067
Total Noncurrent Assets	1,108	1,084	1,103	1,105	1,067	1,052	1,035	982	982	973	1,000
Goodwill	730	746	747	703	703	703	703	670	670	670	670
Intangible Assets	300	271	264	250	223	210	201	183	173	164	146
Other Noncurrent Operating Assets	78	67	92	152	141	139	131	129	139	138	184
Total Liabilities & Shareholders' Equity	3,293	3,176	3,148	3,267	3,299	3,343	3,419	3,455	3,578	3,721	3,981
Total Liabilities	1,770	1,648	1,604	1,765	1,778	1,814	1,872	1,868	1,941	2,019	2,143
Total Current Liabilities	743	628	602	688	671	712	763	765	828	905	1,015
Short-Term Debt	-	0.00	-	-	2.63	2.63	3.47	3.80	3.81	3.81	3.85
Accounts Payable	407	313	306	336	349	371	387	395	448	506	608
Current Deferred Revenue	94	-	115	102	117	129	138	175	162	149	175
Current Employee Benefit Liabilities	123	86	74	94	89	90	113	92	102	131	116
Other Current Liabilities	119	229	103	153	114	120	122	99	112	115	113
Total Noncurrent Liabilities	1,028	1,021	1,002	1,077	1,106	1,102	1,108	1,103	1,113	1,114	1,128
Long-Term Debt	929	880	864	865	914	913	913	914	913	913	912
Other Noncurrent Operating Liabilities	99	141	137	212	193	189	196	189	200	201	216
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,522	1,528	1,544	1,501	1,521	1,529	1,547	1,587	1,637	1,701	1,838
Total Preferred & Common Equity	1,522	1,528	1,544	1,501	1,521	1,529	1,547	1,587	1,637	1,701	1,838
Total Common Equity	1,522	1,528	1,544	1,501	1,521	1,529	1,547	1,587	1,637	1,701	1,838
Common Stock	853	863	869	875	888	894	903	920	929	940	970
Retained Earnings	795	795	802	765	793	819	833	871	912	965	1,066
Treasury Stock	-99	-99	-99	-113	-132	-158	-158	-175	-175	-175	-168
Accumulated Other Comprehensive Income / (Loss)	-26	-32	-27	-25	-27	-27	-31	-28	-29	-29	-30

This table displays calculated financial ratios and metrics derived from TTM Technologies' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/28/2015	1/2/2017	1/1/2018	12/31/2018	12/30/2019	12/28/2020	1/3/2022	1/2/2023	1/1/2024	12/30/2024	12/29/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	58.06%	20.90%	4.94%	-15.83%	-4.67%	-1.31%	6.81%	10.95%	-10.52%	9.41%	18.98%
EBITDA Growth	47.87%	64.43%	-2.64%	-4.39%	-3.53%	-39.96%	23.63%	40.07%	-41.69%	33.47%	42.79%
EBIT Growth	49.12%	174.38%	2.02%	-36.83%	-5.32%	-76.91%	386.42%	74.68%	-78.29%	165.18%	94.48%
NOPAT Growth	-670.72%	152.60%	105.88%	80.04%	-70.14%	-80.71%	397.67%	11.21%	-2,550.52%	102.92%	186.93%
Net Income Growth	-274.36%	238.87%	250.60%	39.17%	-76.21%	329.86%	-69.35%	73.82%	-119.79%	400.77%	215.19%
EPS Growth	-255.56%	221.43%	205.88%	32.69%	-71.74%	328.21%	-70.06%	82.00%	-119.78%	400.00%	211.11%
Operating Cash Flow Growth	82.93%	25.64%	11.54%	-17.92%	14.20%	-7.94%	-38.49%	54.49%	-31.37%	26.49%	23.21%
Free Cash Flow Firm Growth	-2,523.89%	124.14%	-14.66%	-369.80%	191.94%	-48.96%	-65.41%	-223.11%	-2,289.06%	102.78%	-66.29%
Invested Capital Growth	84.73%	-8.20%	-0.65%	55.69%	-16.01%	-11.29%	0.56%	11.74%	-4.38%	0.31%	10.07%
Revenue Q/Q Growth	15.29%	1.51%	1.25%	-22.18%	25.56%	-0.56%	3.42%	0.77%	-2.11%	3.47%	4.43%
EBITDA Q/Q Growth	16.74%	9.91%	-2.27%	-12.78%	6.20%	-8.53%	0.23%	22.18%	-22.37%	-2.97%	14.23%
EBIT Q/Q Growth	21.43%	25.02%	-5.45%	-35.63%	32.07%	-1.24%	4.12%	38.19%	-56.51%	-4.12%	23.62%
NOPAT Q/Q Growth	-79.22%	-0.05%	24.22%	29.16%	-76.76%	-0.79%	-41.39%	-7.38%	-5,423.19%	-29.76%	42.67%
Net Income Q/Q Growth	-20.06%	-24.38%	69.46%	1.86%	-39.73%	7.99%	-35.54%	-2.44%	37.69%	-17.77%	34.50%
EPS Q/Q Growth	-33.33%	-22.73%	57.58%	2.22%	-31.58%	9.15%	-37.50%	-3.19%	40.00%	-18.18%	33.33%
Operating Cash Flow Q/Q Growth	58.27%	-12.39%	19.82%	-0.34%	-6.48%	-20.63%	4.05%	5.89%	-13.84%	19.46%	-7.34%
Free Cash Flow Firm Q/Q Growth	4.16%	-28.09%	19.88%	14.61%	-11.50%	-57.59%	-32.24%	19.90%	-2,362.47%	1.59%	3.21%
Invested Capital Q/Q Growth	-7.58%	-3.08%	-2.88%	-2.46%	-13.92%	0.51%	-0.97%	-2.53%	0.93%	-0.79%	2.36%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	14.80%	16.72%	16.16%	17.99%	17.68%	17.05%	16.54%	18.36%	18.51%	19.54%	20.70%
EBITDA Margin	11.33%	15.41%	14.29%	16.24%	16.43%	10.00%	11.57%	14.61%	9.52%	11.61%	13.94%
Operating Margin	2.93%	6.85%	8.00%	5.32%	5.14%	1.33%	5.60%	8.43%	1.90%	4.75%	9.11%
EBIT Margin	3.32%	7.53%	7.32%	5.49%	5.46%	1.28%	5.81%	9.15%	2.22%	5.38%	8.80%
Profit (Net Income) Margin	-1.22%	1.40%	4.69%	7.76%	1.94%	8.43%	2.42%	3.79%	-0.84%	2.30%	6.11%
Tax Burden Percent	-285.41%	53.10%	89.12%	367.88%	120.32%	-383.64%	77.68%	51.72%	-6,302.36%	67.06%	84.36%
Interest Burden Percent	12.91%	35.12%	71.91%	38.38%	29.49%	-172.17%	53.58%	80.07%	0.60%	63.86%	82.27%
Effective Tax Rate	385.41%	46.90%	10.88%	-186.94%	7.01%	0.00%	22.32%	48.28%	6,402.36%	32.94%	15.64%
Return on Invested Capital (ROIC)	-13.09%	5.54%	11.95%	16.88%	4.50%	1.01%	5.32%	5.57%	-132.22%	3.94%	10.75%
ROIC Less NNEP Spread (ROIC-NNEP)	13.32%	-1.23%	2.22%	-1.70%	-1.49%	27.74%	-5.80%	2.46%	404.10%	-0.98%	-0.31%
Return on Net Nonoperating Assets (RNNOA)	9.77%	-1.24%	1.61%	-1.37%	-1.20%	12.03%	-1.56%	0.75%	130.99%	-0.28%	-0.08%
Return on Equity (ROE)	-3.32%	4.30%	13.55%	15.51%	3.30%	13.04%	3.75%	6.32%	-1.23%	3.66%	10.67%
Cash Return on Invested Capital (CROIC)	-72.61%	14.09%	12.60%	-26.68%	21.90%	12.97%	4.76%	-5.52%	-127.74%	3.63%	1.16%
Operating Return on Assets (OROA)	3.28%	7.42%	7.37%	3.94%	3.32%	0.83%	4.42%	7.19%	1.49%	3.87%	6.99%
Return on Assets (ROA)	-1.21%	1.38%	4.72%	5.56%	1.18%	5.50%	1.84%	2.98%	-0.56%	1.66%	4.85%
Return on Common Equity (ROCE)	-3.31%	4.26%	13.49%	15.51%	3.30%	13.04%	3.75%	6.32%	-1.23%	3.66%	10.67%
Return on Equity Simple (ROE_SIMPLE)	-3.13%	4.33%	12.33%	14.15%	3.23%	12.29%	3.74%	6.16%	-1.24%	3.60%	0.00%
Net Operating Profit after Tax (NOPAT)	-175	92	190	341	102	20	98	109	-2,667	78	223
NOPAT Margin	-8.35%	3.64%	7.13%	15.26%	4.78%	0.93%	4.35%	4.36%	-119.45%	3.19%	7.68%
Net Nonoperating Expense Percent (NNEP)	-26.41%	6.76%	9.73%	18.57%	5.99%	-26.73%	11.12%	3.11%	-536.32%	4.92%	11.06%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.42%	-109.80%	3.14%	8.34%
Cost of Revenue to Revenue	85.20%	83.28%	83.84%	82.01%	82.32%	82.95%	83.46%	81.65%	81.49%	80.46%	79.30%
SG&A Expenses to Revenue	8.00%	5.81%	4.74%	6.18%	6.06%	5.82%	5.55%	6.34%	6.70%	6.96%	6.61%
R&D to Revenue	0.00%	0.00%	0.00%	0.61%	0.84%	0.94%	0.81%	0.99%	1.22%	1.30%	1.00%
Operating Expenses to Revenue	11.87%	9.87%	8.16%	12.68%	12.54%	15.72%	10.94%	9.92%	16.62%	14.79%	11.60%
Earnings before Interest and Taxes (EBIT)	70	191	195	123	116	27	131	228	50	131	256
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	237	390	380	363	351	210	260	364	213	284	405
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.82	1.67	1.58	0.82	1.23	1.02	1.09	1.00	1.07	1.61	4.18
Price to Tangible Book Value (P/TBV)	2.10	4.25	2.98	11.99	6.36	2.79	2.73	3.16	2.83	3.59	7.85
Price to Revenue (P/Rev)	0.32	0.54	0.60	0.45	0.74	0.70	0.70	0.62	0.72	1.03	2.53
Price to Earnings (P/E)	0.00	39.25	12.84	5.81	38.01	8.27	29.04	16.30	0.00	44.74	41.47
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	2.55%	7.79%	17.21%	2.63%	12.10%	3.44%	6.14%	0.00%	2.24%	2.41%
Enterprise Value to Invested Capital (EV/IC)	0.92	1.34	1.37	0.91	1.29	1.01	1.07	1.00	1.06	1.48	3.57
Enterprise Value to Revenue (EV/Rev)	0.76	0.84	0.81	1.00	1.25	0.88	0.88	0.83	0.93	1.20	2.67
Enterprise Value to EBITDA (EV/EBITDA)	6.70	5.48	5.70	6.18	7.60	8.83	7.57	5.67	9.81	10.34	19.19
Enterprise Value to EBIT (EV/EBIT)	22.88	11.22	11.13	18.26	22.90	69.16	15.07	9.05	42.04	22.31	30.40
Enterprise Value to NOPAT (EV/NOPAT)	0.00	23.24	11.42	6.58	26.15	94.54	20.13	19.00	0.00	37.69	34.81
Enterprise Value to Operating Cash Flow (EV/OCF)	6.70	7.17	6.51	8.22	8.55	6.47	11.15	7.58	11.13	12.38	26.63
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.13	10.83	0.00	5.37	7.34	22.49	0.00	0.00	40.90	321.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.42	1.23	0.97	1.22	1.15	0.58	0.64	0.61	0.61	0.59	0.52
Long-Term Debt to Equity	1.23	1.10	0.96	1.19	0.96	0.58	0.64	0.57	0.61	0.58	0.52
Financial Leverage	0.73	1.01	0.72	0.81	0.81	0.43	0.27	0.31	0.32	0.28	0.25
Leverage Ratio	2.75	3.10	2.87	2.79	2.80	2.37	2.04	2.12	2.18	2.21	2.20
Compound Leverage Factor	0.36	1.09	2.06	1.07	0.83	-4.08	1.09	1.70	0.01	1.41	1.81
Debt to Total Capital	58.61%	55.15%	49.21%	54.88%	53.57%	36.86%	38.93%	37.70%	37.79%	36.99%	34.21%
Short-Term Debt to Total Capital	7.88%	5.99%	0.23%	1.10%	9.07%	0.00%	0.00%	2.03%	0.14%	0.15%	0.14%
Long-Term Debt to Total Capital	50.74%	49.17%	48.98%	53.78%	44.50%	36.86%	38.93%	35.68%	37.64%	36.84%	34.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.38%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	41.01%	44.40%	50.79%	45.12%	46.43%	63.14%	61.07%	62.30%	62.21%	63.01%	65.79%
Debt to EBITDA	4.93	2.61	2.58	4.11	4.21	4.00	3.57	2.55	4.32	3.24	2.26
Net Debt to EBITDA	3.83	1.96	1.50	3.40	3.13	1.86	1.50	1.45	2.20	1.46	1.02
Long-Term Debt to EBITDA	4.27	2.33	2.57	4.02	3.50	4.00	3.57	2.41	4.30	3.22	2.25
Debt to NOPAT	-6.69	11.07	5.17	4.37	14.48	42.86	9.48	8.54	-0.34	11.80	4.10
Net Debt to NOPAT	-5.19	8.29	3.01	3.62	10.75	19.90	3.99	4.84	-0.18	5.32	1.86
Long-Term Debt to NOPAT	-5.79	9.87	5.14	4.28	12.03	42.86	9.48	8.08	-0.34	11.75	4.09
Altman Z-Score	1.25	1.95	2.06	1.40	1.44	1.98	2.15	2.10	1.85	2.23	3.75
Noncontrolling Interest Sharing Ratio	0.49%	0.96%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.37	1.47	1.70	1.79	1.42	2.41	2.52	1.96	2.03	1.99	1.93
Quick Ratio	0.96	1.00	1.24	1.16	0.93	1.61	1.66	1.15	1.23	1.18	1.11
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-971	234	200	-540	496	253	88	-108	-2,577	72	24
Operating Cash Flow to CapEx	302.58%	366.07%	268.16%	182.34%	229.41%	280.03%	219.35%	281.68%	121.85%	154.96%	100.03%
Free Cash Flow to Firm to Interest Expense	-16.03	1.89	3.66	-7.12	6.04	3.46	1.44	-2.37	-52.29	1.51	0.53
Operating Cash Flow to Interest Expense	3.92	2.41	6.09	3.61	3.80	3.93	2.91	6.00	3.80	4.99	6.44
Operating Cash Flow Less CapEx to Interest Expense	2.63	1.75	3.82	1.63	2.14	2.52	1.58	3.87	0.68	1.77	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.99	0.99	1.01	0.72	0.61	0.65	0.76	0.79	0.67	0.72	0.79
Accounts Receivable Turnover	5.45	5.70	5.80	4.44	4.16	4.76	5.86	5.81	5.04	5.67	5.74
Inventory Turnover	8.62	7.84	7.91	9.09	15.74	15.22	15.43	13.66	9.48	8.97	9.70
Fixed Asset Turnover	2.26	2.45	2.63	2.12	2.47	3.17	3.42	3.59	2.91	2.91	3.09
Accounts Payable Turnover	5.83	5.63	5.13	3.95	4.61	5.32	5.45	5.63	5.22	5.31	4.85
Days Sales Outstanding (DSO)	66.96	64.03	62.93	82.13	87.84	76.69	62.28	62.87	72.49	64.41	63.57
Days Inventory Outstanding (DIO)	42.33	46.55	46.16	40.17	23.19	23.97	23.66	26.72	38.49	40.68	37.62
Days Payable Outstanding (DPO)	62.61	64.78	71.15	92.36	79.10	68.66	66.96	64.80	69.86	68.79	75.21
Cash Conversion Cycle (CCC)	46.68	45.80	37.93	29.94	31.93	32.01	18.98	24.80	41.12	36.30	25.98
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,735	1,593	1,582	2,463	2,069	1,835	1,846	2,062	1,972	1,978	2,177
Invested Capital Turnover	1.57	1.52	1.67	1.11	0.94	1.08	1.22	1.28	1.11	1.24	1.40
Increase / (Decrease) in Invested Capital	796	-142	-10	881	-394	-234	10	217	-90	6.12	199
Enterprise Value (EV)	1,591	2,140	2,166	2,245	2,666	1,859	1,970	2,068	2,084	2,933	7,773
Market Capitalization	675	1,368	1,595	1,009	1,570	1,468	1,580	1,541	1,616	2,519	7,358
Book Value per Share	$8.26	$8.18	$9.93	$11.84	$12.12	$13.53	$13.95	$15.02	$14.78	$15.34	$17.05
Tangible Book Value per Share	$3.24	$3.20	$5.26	$0.81	$2.34	$4.92	$5.54	$4.77	$5.59	$6.88	$9.07
Total Capital	1,997	1,849	1,991	2,720	2,755	2,287	2,383	2,465	2,429	2,482	2,678
Total Debt	1,171	1,020	980	1,492	1,476	843	928	929	918	918	916
Total Long-Term Debt	1,013	909	975	1,462	1,226	843	928	879	914	914	912
Net Debt	908	763	571	1,236	1,096	391	390	527	468	414	415
Capital Expenditures (CapEx)	78	81	124	150	136	103	81	97	154	153	292
Debt-free, Cash-free Net Working Capital (DFCFNWC)	172	178	96	307	266	279	312	379	279	298	396
Debt-free Net Working Capital (DFNWC)	435	434	506	564	646	731	849	782	729	801	897
Net Working Capital (NWC)	278	324	501	534	396	731	849	732	726	798	893
Net Nonoperating Expense (NNE)	-149	57	65	168	61	-158	43	14	-2,648	22	46
Net Nonoperating Obligations (NNO)	908	763	571	1,236	790	391	390	527	461	414	415
Total Depreciation and Amortization (D&A)	168	200	185	240	234	184	129	136	163	152	149
Debt-free, Cash-free Net Working Capital to Revenue	8.22%	7.03%	3.62%	13.73%	12.48%	13.26%	13.86%	15.19%	12.50%	12.18%	13.62%
Debt-free Net Working Capital to Revenue	20.75%	17.15%	19.01%	25.19%	30.28%	34.71%	37.77%	31.33%	32.66%	32.81%	30.86%
Net Working Capital to Revenue	13.24%	12.78%	18.84%	23.85%	18.56%	34.71%	37.77%	29.33%	32.51%	32.66%	30.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.28)	$0.35	$1.22	$1.68	$0.39	$1.67	$0.51	$0.93	($0.18)	$0.55	$1.73
Adjusted Weighted Average Basic Shares Outstanding	92.68M	100.10M	102.34M	104.38M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M
Adjusted Diluted Earnings per Share	($0.28)	$0.34	$1.04	$1.38	$0.39	$1.67	$0.50	$0.91	($0.18)	$0.54	$1.68
Adjusted Weighted Average Diluted Shares Outstanding	92.68M	101.48M	102.34M	104.38M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	99.43M	100.41M	102.34M	104.38M	105.51M	106.77M	102.77M	102.58M	101.91M	102.11M	103.40M
Normalized Net Operating Profit after Tax (NOPAT)	46	99	191	87	107	80	101	84	78	107	226
Normalized NOPAT Margin	2.21%	3.89%	7.17%	3.87%	5.01%	3.79%	4.50%	3.37%	3.47%	4.39%	7.77%
Pre Tax Income Margin	0.43%	2.64%	5.26%	2.11%	1.61%	-2.20%	3.12%	7.33%	0.01%	3.44%	7.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.15	1.54	3.56	1.62	1.42	0.37	2.15	5.02	1.01	2.77	5.64
NOPAT to Interest Expense	-2.89	0.74	3.47	4.51	1.24	0.27	1.61	2.39	-54.12	1.64	4.93
EBIT Less CapEx to Interest Expense	-0.15	0.88	1.29	-0.35	-0.24	-1.03	0.83	2.89	-2.11	-0.45	-0.80
NOPAT Less CapEx to Interest Expense	-4.19	0.09	1.20	2.53	-0.41	-1.13	0.29	0.26	-57.24	-1.58	-1.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	118.95%	37.45%	-130.53%	61.24%	10.07%

This table displays calculated financial ratios and metrics derived from TTM Technologies' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/2/2023	1/1/2024	4/1/2024	7/1/2024	9/30/2024	12/30/2024	3/31/2025	6/30/2025	9/29/2025	12/29/2025	3/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	103,404,925.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	103,404,925.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.48
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.68%	-7.80%	4.72%	10.73%	7.68%	14.40%	13.78%	20.74%	22.09%	18.95%	30.42%
EBITDA Growth	-67.84%	-46.48%	23.76%	40.98%	140.16%	-12.33%	36.26%	14.68%	47.27%	81.61%	21.47%
EBIT Growth	-111.91%	-67.38%	2,934.91%	61.47%	613.90%	-18.13%	98.75%	32.44%	96.31%	191.30%	31.78%
NOPAT Growth	-116.20%	374.52%	623.00%	208.87%	508.22%	-90.28%	210.76%	67.46%	111.70%	1,926.58%	56.84%
Net Income Growth	-185.15%	188.15%	280.01%	286.17%	138.61%	-70.18%	207.45%	57.60%	270.73%	880.37%	55.35%
EPS Growth	-185.71%	240.00%	266.67%	257.14%	138.89%	-70.59%	210.00%	60.00%	257.14%	840.00%	51.61%
Operating Cash Flow Growth	-26.44%	-38.80%	-20.30%	61.70%	10.60%	81.28%	-124.27%	133.67%	117.86%	-26.87%	304.06%
Free Cash Flow Firm Growth	174.50%	159.07%	104.23%	-70.13%	-107.13%	-102.31%	-1,088.11%	-221.95%	-545.78%	-4,556.03%	-231.64%
Invested Capital Growth	-7.66%	-4.38%	0.35%	-0.41%	2.06%	0.31%	4.81%	5.37%	6.67%	10.07%	11.94%
Revenue Q/Q Growth	4.77%	-0.62%	0.19%	6.14%	1.88%	5.58%	-0.35%	12.63%	3.03%	2.87%	9.25%
EBITDA Q/Q Growth	-46.76%	127.68%	-7.31%	25.48%	-9.31%	-16.88%	44.05%	5.61%	16.46%	2.50%	-3.65%
EBIT Q/Q Growth	-127.04%	535.71%	-15.37%	61.98%	-13.96%	-30.58%	105.42%	7.94%	27.54%	3.01%	-7.07%
NOPAT Q/Q Growth	-165.55%	569.41%	-62.13%	165.03%	-13.36%	-88.83%	1,111.40%	42.82%	9.53%	6.94%	-6.25%
Net Income Q/Q Growth	-643.17%	146.78%	-39.64%	151.79%	-45.69%	-63.87%	522.40%	29.06%	27.75%	-4.47%	-1.38%
EPS Q/Q Growth	-614.29%	147.22%	-41.18%	150.00%	-44.00%	-64.29%	520.00%	29.03%	25.00%	-6.00%	0.00%
Operating Cash Flow Q/Q Growth	127.37%	-19.34%	-7.53%	-4.65%	55.51%	32.21%	-112.38%	1,017.92%	44.99%	-55.62%	-65.45%
Free Cash Flow Firm Q/Q Growth	10.64%	-20.12%	-95.37%	629.40%	-126.41%	74.13%	-1,883.14%	9.98%	-39.83%	-86.52%	-41.25%
Invested Capital Q/Q Growth	-2.65%	0.93%	1.28%	0.07%	-0.24%	-0.79%	5.83%	0.61%	0.99%	2.36%	7.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	19.78%	20.27%	18.19%	19.37%	21.07%	19.44%	20.19%	20.27%	20.82%	21.42%	21.42%
EBITDA Margin	5.41%	12.39%	11.47%	13.56%	12.07%	9.50%	13.73%	12.88%	14.55%	14.50%	12.79%
Operating Margin	-1.78%	6.08%	2.99%	6.44%	8.27%	1.39%	7.75%	8.45%	9.55%	10.43%	8.56%
EBIT Margin	-1.25%	5.48%	4.63%	7.06%	5.97%	3.92%	8.09%	7.75%	9.59%	9.61%	8.17%
Profit (Net Income) Margin	-6.47%	3.05%	1.84%	4.35%	2.32%	0.79%	4.96%	5.68%	7.05%	6.55%	5.91%
Tax Burden Percent	214.76%	96.95%	74.39%	86.31%	57.21%	36.08%	78.50%	91.22%	85.83%	81.74%	85.41%
Interest Burden Percent	241.11%	57.34%	53.31%	71.42%	68.01%	56.12%	78.15%	80.40%	85.60%	83.36%	84.67%
Effective Tax Rate	0.00%	3.05%	25.61%	13.69%	42.79%	63.92%	21.50%	8.78%	14.17%	18.26%	14.59%
Return on Invested Capital (ROIC)	-1.40%	6.52%	2.52%	6.43%	5.66%	0.62%	7.50%	9.95%	11.07%	11.92%	10.23%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.12%	3.24%	2.05%	4.87%	2.36%	1.06%	6.02%	6.79%	9.09%	8.23%	7.88%
Return on Net Nonoperating Assets (RNNOA)	-2.46%	1.05%	0.63%	1.48%	0.69%	0.30%	1.90%	2.01%	2.44%	2.05%	2.33%
Return on Equity (ROE)	-3.86%	7.57%	3.15%	7.91%	6.35%	0.92%	9.40%	11.96%	13.51%	13.98%	12.56%
Cash Return on Invested Capital (CROIC)	5.60%	-127.74%	-0.62%	1.93%	3.58%	3.63%	0.43%	0.97%	1.14%	1.16%	-0.18%
Operating Return on Assets (OROA)	-0.87%	3.68%	3.23%	5.04%	4.21%	2.82%	6.04%	5.93%	7.48%	7.64%	6.82%
Return on Assets (ROA)	-4.50%	2.05%	1.28%	3.11%	1.64%	0.57%	3.70%	4.35%	5.50%	5.20%	4.93%
Return on Common Equity (ROCE)	-3.86%	7.57%	3.15%	7.91%	6.35%	0.92%	9.40%	11.96%	13.51%	13.98%	12.56%
Return on Equity Simple (ROE_SIMPLE)	-2.00%	0.00%	-0.16%	1.12%	4.43%	0.00%	4.92%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-7.14	34	13	34	29	3.26	39	56	62	66	62
NOPAT Margin	-1.25%	5.89%	2.23%	5.56%	4.73%	0.50%	6.08%	7.71%	8.20%	8.52%	7.31%
Net Nonoperating Expense Percent (NNEP)	5.72%	3.28%	0.48%	1.57%	3.30%	-0.44%	1.48%	3.16%	1.99%	3.70%	2.35%
Return On Investment Capital (ROIC_SIMPLE)	-	1.38%	-	-	-	0.13%	1.58%	2.21%	2.36%	2.46%	2.25%
Cost of Revenue to Revenue	80.22%	79.73%	81.81%	80.63%	78.93%	80.56%	79.81%	79.73%	79.18%	78.58%	78.58%
SG&A Expenses to Revenue	6.80%	6.64%	7.66%	6.38%	6.90%	6.95%	6.75%	6.81%	6.46%	6.46%	8.13%
R&D to Revenue	1.08%	1.33%	1.28%	1.41%	1.31%	1.22%	1.24%	0.96%	0.94%	0.89%	0.92%
Operating Expenses to Revenue	21.56%	14.19%	15.20%	12.93%	12.80%	18.05%	12.44%	11.82%	11.27%	10.99%	12.85%
Earnings before Interest and Taxes (EBIT)	-7.16	31	26	43	37	26	52	57	72	74	69
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	31	71	65	82	74	62	89	94	110	112	108
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.89	1.07	1.02	1.27	1.20	1.61	1.32	2.53	3.51	4.18	4.97
Price to Tangible Book Value (P/TBV)	2.45	2.83	2.61	3.15	2.89	3.59	2.85	5.23	6.88	7.85	8.93
Price to Revenue (P/Rev)	0.59	0.72	0.69	0.84	0.79	1.03	0.83	1.57	2.14	2.53	2.94
Price to Earnings (P/E)	0.00	0.00	0.00	113.51	27.18	44.74	26.85	44.52	45.22	41.47	46.76
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.88%	3.68%	2.24%	3.73%	2.25%	2.21%	2.41%	2.14%
Enterprise Value to Invested Capital (EV/IC)	0.92	1.06	1.02	1.21	1.16	1.48	1.24	2.19	3.01	3.57	4.11
Enterprise Value to Revenue (EV/Rev)	0.79	0.93	0.90	1.04	0.98	1.20	1.03	1.74	2.30	2.67	3.10
Enterprise Value to EBITDA (EV/EBITDA)	6.57	9.81	9.03	9.68	7.89	10.34	8.46	14.46	18.03	19.19	22.72
Enterprise Value to EBIT (EV/EBIT)	15.79	42.04	26.43	25.86	16.83	22.31	16.51	26.94	30.91	30.40	35.38
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	79.28	20.83	37.69	24.77	36.26	40.84	34.81	39.20
Enterprise Value to Operating Cash Flow (EV/OCF)	8.28	11.13	11.54	12.55	11.64	12.38	14.26	19.38	20.29	26.63	29.71
Enterprise Value to Free Cash Flow (EV/FCFF)	15.80	0.00	0.00	62.43	32.69	40.90	293.81	231.23	272.90	321.56	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.58	0.61	0.60	0.60	0.59	0.59	0.58	0.56	0.54	0.52	0.50
Long-Term Debt to Equity	0.58	0.61	0.60	0.60	0.59	0.58	0.58	0.56	0.54	0.52	0.50
Financial Leverage	0.35	0.32	0.31	0.30	0.30	0.28	0.32	0.30	0.27	0.25	0.30
Leverage Ratio	2.17	2.18	2.12	2.11	2.19	2.21	2.17	2.19	2.20	2.20	2.17
Compound Leverage Factor	5.23	1.25	1.13	1.51	1.49	1.24	1.70	1.76	1.88	1.83	1.84
Debt to Total Capital	36.55%	37.79%	37.60%	37.47%	37.20%	36.99%	36.64%	35.91%	35.01%	34.21%	33.26%
Short-Term Debt to Total Capital	0.00%	0.14%	0.11%	0.11%	0.14%	0.15%	0.15%	0.15%	0.15%	0.14%	0.14%
Long-Term Debt to Total Capital	36.55%	37.64%	37.49%	37.36%	37.06%	36.84%	36.49%	35.76%	34.87%	34.06%	33.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	63.45%	62.21%	62.40%	62.53%	62.80%	63.01%	63.36%	64.09%	64.99%	65.79%	66.74%
Debt to EBITDA	3.16	4.32	4.07	3.68	3.13	3.24	2.99	2.87	2.59	2.26	2.16
Net Debt to EBITDA	1.67	2.20	2.12	1.89	1.53	1.46	1.65	1.47	1.20	1.02	1.19
Long-Term Debt to EBITDA	3.16	4.30	4.06	3.67	3.12	3.22	2.97	2.86	2.57	2.25	2.15
Debt to NOPAT	-17.91	-0.34	-168.10	30.14	8.27	11.80	8.74	7.20	5.86	4.10	3.73
Net Debt to NOPAT	-9.45	-0.18	-87.33	15.46	4.03	5.32	4.82	3.68	2.72	1.86	2.06
Long-Term Debt to NOPAT	-17.91	-0.34	-167.62	30.05	8.24	11.75	8.70	7.17	5.83	4.09	3.71
Altman Z-Score	1.72	1.83	1.84	1.99	1.93	2.13	2.09	2.72	3.22	3.59	4.04
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.97	2.03	2.09	2.04	2.00	1.99	2.07	2.03	1.94	1.93	1.88
Quick Ratio	1.16	1.23	1.20	1.19	1.17	1.18	1.19	1.14	1.10	1.11	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	155	124	5.74	42	-11	-2.86	-57	-51	-71	-133	-188
Operating Cash Flow to CapEx	174.85%	103.30%	89.04%	420.44%	159.30%	163.10%	-16.85%	162.37%	142.90%	91.07%	20.36%
Free Cash Flow to Firm to Interest Expense	15.35	9.26	0.47	3.43	-0.94	-0.26	-4.95	-4.60	-6.86	-10.76	-17.74
Operating Cash Flow to Interest Expense	5.83	3.55	3.56	3.43	5.53	7.68	-0.93	8.82	13.64	5.08	2.05
Operating Cash Flow Less CapEx to Interest Expense	2.49	0.11	-0.44	2.61	2.06	2.97	-6.44	3.39	4.09	-0.50	-8.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.70	0.67	0.70	0.71	0.71	0.72	0.75	0.76	0.78	0.79	0.83
Accounts Receivable Turnover	5.23	5.04	5.89	5.88	5.80	5.67	5.84	5.91	6.03	5.74	5.57
Inventory Turnover	9.05	9.48	9.20	9.25	8.73	8.97	8.63	9.04	9.22	9.70	9.30
Fixed Asset Turnover	2.93	2.91	2.93	2.99	2.83	2.91	2.94	3.01	3.01	3.09	3.17
Accounts Payable Turnover	5.01	5.22	5.52	5.51	5.24	5.31	5.42	5.15	4.97	4.85	4.89
Days Sales Outstanding (DSO)	69.76	72.49	61.94	62.04	62.91	64.41	62.52	61.79	60.53	63.57	65.52
Days Inventory Outstanding (DIO)	40.35	38.49	39.67	39.45	41.81	40.68	42.29	40.39	39.58	37.62	39.23
Days Payable Outstanding (DPO)	72.84	69.86	66.09	66.21	69.66	68.79	67.33	70.82	73.43	75.21	74.66
Cash Conversion Cycle (CCC)	37.27	41.12	35.52	35.28	35.07	36.30	37.48	31.36	26.68	25.98	30.09
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,954	1,972	1,997	1,999	1,994	1,978	2,093	2,106	2,127	2,177	2,343
Invested Capital Turnover	1.12	1.11	1.13	1.16	1.20	1.24	1.23	1.29	1.35	1.40	1.40
Increase / (Decrease) in Invested Capital	-162	-90	6.96	-8.21	40	6.12	96	107	133	199	250
Enterprise Value (EV)	1,800	2,084	2,032	2,410	2,307	2,933	2,601	4,618	6,392	7,773	9,635
Market Capitalization	1,343	1,616	1,556	1,940	1,861	2,519	2,094	4,149	5,966	7,358	9,130
Book Value per Share	$14.45	$14.78	$14.95	$15.02	$15.18	$15.34	$15.54	$16.11	$16.47	$17.05	$17.77
Tangible Book Value per Share	$5.27	$5.59	$5.85	$6.05	$6.31	$6.88	$7.19	$7.81	$8.39	$9.07	$9.88
Total Capital	2,366	2,429	2,438	2,445	2,463	2,482	2,505	2,554	2,618	2,678	2,753
Total Debt	865	918	917	916	916	918	918	917	917	916	916
Total Long-Term Debt	865	914	914	913	913	914	914	913	913	912	912
Net Debt	456	468	476	470	447	414	506	469	426	415	506
Capital Expenditures (CapEx)	34	46	49	9.96	41	53	63	60	99	69	107
Debt-free, Cash-free Net Working Capital (DFCFNWC)	257	279	297	297	296	298	412	405	363	396	492
Debt-free Net Working Capital (DFNWC)	665	729	738	743	765	801	824	853	854	897	902
Net Working Capital (NWC)	665	726	735	741	762	798	820	849	850	893	898
Net Nonoperating Expense (NNE)	30	16	2.23	7.30	15	-1.91	7.28	15	8.66	15	12
Net Nonoperating Obligations (NNO)	453	461	476	470	447	414	506	469	426	415	506
Total Depreciation and Amortization (D&A)	38	39	39	39	38	36	37	37	37	38	39
Debt-free, Cash-free Net Working Capital to Revenue	11.25%	12.50%	13.16%	12.82%	12.52%	12.18%	16.35%	15.28%	13.05%	13.62%	15.86%
Debt-free Net Working Capital to Revenue	29.16%	32.66%	32.66%	32.08%	32.41%	32.81%	32.67%	32.21%	30.69%	30.86%	29.07%
Net Working Capital to Revenue	29.16%	32.51%	32.54%	31.96%	32.26%	32.66%	32.52%	32.07%	30.56%	30.73%	28.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.36)	$0.17	$0.10	$0.26	$0.14	$0.05	$0.32	$0.41	$0.51	$0.49	$0.48
Adjusted Weighted Average Basic Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M
Adjusted Diluted Earnings per Share	($0.36)	$0.17	$0.10	$0.25	$0.14	$0.05	$0.31	$0.40	$0.50	$0.47	$0.47
Adjusted Weighted Average Diluted Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	102.24M	101.91M	101.78M	101.95M	101.97M	102.11M	101.63M	103.31M	103.33M	103.40M	103.85M
Normalized Net Operating Profit after Tax (NOPAT)	27	39	16	35	30	9.70	40	58	62	66	62
Normalized NOPAT Margin	4.64%	6.79%	2.74%	5.71%	4.86%	1.49%	6.17%	7.89%	8.26%	8.55%	7.34%
Pre Tax Income Margin	-3.01%	3.14%	2.47%	5.05%	4.06%	2.20%	6.32%	6.23%	8.21%	8.01%	6.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.71	2.33	2.14	3.50	3.13	2.28	4.58	5.10	6.94	6.01	6.52
NOPAT to Interest Expense	-0.71	2.51	1.03	2.75	2.48	0.29	3.44	5.08	5.94	5.33	5.84
EBIT Less CapEx to Interest Expense	-4.04	-1.10	-1.86	2.68	-0.35	-2.43	-0.94	-0.33	-2.60	0.43	-3.55
NOPAT Less CapEx to Interest Expense	-4.04	-0.93	-2.97	1.94	-0.99	-4.42	-2.07	-0.35	-3.61	-0.25	-4.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-48.66%	-130.53%	-1,384.99%	344.71%	64.69%	61.24%	55.15%	19.18%	13.55%	10.07%	0.00%

Financials Breakdown Chart

Key Financial Trends

Here are key trend points for TTMI (TTMI) based on the last four years of quarterly statements. The bullets highlight notable findings for retail investors assessing growth, profitability, liquidity, and risk.

Revenue growth in 2025: Operating revenue rose to 774.32 million in Q4 2025 from 650.97 million in Q4 2024, representing roughly a 19% year-over-year increase. This suggests improved demand or pricing power in the latest year.
Improving gross profitability: Q4 2025 gross profit was 165.87 million, with gross margin around 21% (based on revenue of 774.32 million), a touch higher than many 2022–2024 periods, signaling stable profitability amid higher sales.
Net income and earnings per share improving in 2025: Net income attributable to common shareholders reached about 50.69 million in Q4 2025, up from roughly 5.17 million in Q4 2024, reflecting meaningful earnings growth and a stronger bottom line. Basic EPS in Q4 2025 was about 0.49 USD.
Positive near-term cash generation and solid liquidity: TTMI ended Q4 2025 with cash and equivalents around 491 million and reported positive net cash from continuing operating activities of about 62.93 million for that quarter, supporting liquidity for operations and investments.

Positive operating cash flow from mid-2025 onward: In 2025, quarterly operating cash flow turned positive by Q2 (about 97.80 million) and remained positive through Q3 (about 141.80 million) and Q4 (about 62.93 million), signaling improving cash generation across the year.
Share count stability: Weighted-average shares outstanding hovered around 103.3–103.4 million across 2025, helping that year's earnings translate into per-share measures without significant dilution.
Investing activity remains capital-intensive: Cash used for investing activities includes substantial purchases of property, plant & equipment (PPE) in 2025 (e.g., Q4 PPE around -69.39 million; other quarters show sizable capex), implying ongoing capacity expansion or efficiency upgrades.

Leverage and debt load persist: Long-term debt hovered near 912–913 million USD in 2025, with total liabilities around 2.0 billion USD, indicating a meaningful but manageable debt burden given the available cash balance.
Ongoing investing cash outflows pressure liquidity: Across 2025, net cash from investing activities remained negative (e.g., Q3 2025 around -99.2 million, Q4 2025 around -51.3 million), which reduces cash on hand and could require financing if cash needs spike.

05/14/26 02:38 PM ETAI Generated. May Contain Errors.

TTM Technologies Financials - Frequently Asked Questions

According to the most recent income statement we have on file, TTM Technologies' fiscal year ends in December. Their fiscal year 2025 ended on December 29, 2025.

TTM Technologies' net income appears to be on an upward trend, with a most recent value of $177.45 million in 2025, falling from -$25.62 million in 2015. The previous period was $56.30 million in 2024. Check out TTM Technologies' forecast to explore projected trends and price targets.

TTM Technologies' total operating income in 2025 was $264.68 million, based on the following breakdown:

Total Gross Profit: $601.69 million
Total Operating Expenses: $337.00 million

Over the last 10 years, TTM Technologies' total revenue changed from $2.10 billion in 2015 to $2.91 billion in 2025, a change of 38.7%.

TTM Technologies' total liabilities were at $2.08 billion at the end of 2025, a 8.9% increase from 2024, and a 14.6% increase since 2015.

In the past 10 years, TTM Technologies' cash and equivalents has ranged from $256.28 million in 2016 to $537.68 million in 2021, and is currently $501.23 million as of their latest financial filing in 2025.

Over the last 10 years, TTM Technologies' book value per share changed from 8.26 in 2015 to 17.05 in 2025, a change of 106.4%.

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Financial statements for NASDAQ:TTMI last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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TTM Technologies (TTMI) Financials

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TTM Technologies Financials - Frequently Asked Questions

When does TTM Technologies' financial year end?

How has TTM Technologies' net income changed over the last 10 years?

What is TTM Technologies' operating income?

How has TTM Technologies' revenue changed over the last 10 years?

How much debt does TTM Technologies have?

How much cash does TTM Technologies have?

How has TTM Technologies' book value per share changed over the last 10 years?

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