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TTM TECHNOLOGIES INC

TTMI Clue Score64
United States Fiscal year ends December CIK 0001116942
$110.33 -8.83% Close, 12 Oct 2026
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Price $110.33 +725.82% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue2,533.4Operating income173.5Net income34.9EPS, diluted0.34Fiscal year 2018Revenue2,658.6 +4.9%Operating income212.8Net income124.2 +256.3%EPS, diluted1.04 +205.9%Fiscal year 2018Revenue2,237.7 −15.8%Operating income119.0Net income173.6 +39.7%EPS, diluted1.38 +32.7%Fiscal year 2019Revenue2,133.2 −4.7%Operating income109.6Net income41.3 −76.2%EPS, diluted0.39 −71.7%Fiscal year 2020Revenue2,105.3 −1.3%Operating income28.1Net income177.5 +329.9%EPS, diluted1.67 +328.2%Fiscal year 2022Revenue2,248.7 +6.8%Operating income126.0Net income54.4 −69.4%EPS, diluted0.50 −70.1%Fiscal year 2023Revenue2,495.0 +11.0%Operating income210.4Net income94.6 +73.8%EPS, diluted0.91 +82.0%Fiscal year 2024Revenue2,232.6 −10.5%Operating income42.3Net income−18.7 −119.8%EPS, diluted−0.18 −119.8%Fiscal year 2024Revenue2,442.8 +9.4%Operating income116.0Net income56.3EPS, diluted0.54Fiscal year 2025Revenue2,906.3 +19.0%Operating income264.7Net income177.4 +215.2%EPS, diluted1.68 +211.1%
FY2017FY2018FY2018FY2019FY2020FY2022FY2023FY2024FY2024FY2025
Revenue 2,533.4 2,658.6 2,237.7 2,133.2 2,105.3 2,248.7 2,495.0 2,232.6 2,442.8 2,906.3
Growth +4.9% −15.8% −4.7% −1.3% +6.8% +11.0% −10.5% +9.4% +19.0%
Operating income 173.5 212.8 119.0 109.6 28.1 126.0 210.4 42.3 116.0 264.7
Net income 34.9 124.2 173.6 41.3 177.5 54.4 94.6 −18.7 56.3 177.4
Growth +256.3% +39.7% −76.2% +329.9% −69.4% +73.8% −119.8% +215.2%
EPS, diluted 0.34 1.04 1.38 0.39 1.67 0.50 0.91 −0.18 0.54 1.68
Growth +205.9% +32.7% −71.7% +328.2% −70.1% +82.0% −119.8% +211.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin16.7%Operating margin6.8%Net margin1.4%Free cash flow margin8.4%Fiscal year 2018Gross margin16.2%Operating margin8.0%Net margin4.7%Free cash flow margin6.8%Fiscal year 2018Gross margin18.0%Operating margin5.3%Net margin7.8%Free cash flow margin5.5%Fiscal year 2019Gross margin17.7%Operating margin5.1%Net margin1.9%Free cash flow margin7.9%Fiscal year 2020Gross margin17.1%Operating margin1.3%Net margin8.4%Free cash flow margin8.7%Fiscal year 2022Gross margin16.5%Operating margin5.6%Net margin2.4%Free cash flow margin4.2%Fiscal year 2023Gross margin18.4%Operating margin8.4%Net margin3.8%Free cash flow margin6.8%Fiscal year 2024Gross margin18.5%Operating margin1.9%Net margin−0.8%Free cash flow margin1.2%Fiscal year 2024Gross margin19.5%Operating margin4.8%Net margin2.3%Free cash flow margin2.1%Fiscal year 2025Gross margin20.7%Operating margin9.1%Net margin6.1%Free cash flow margin−0.0%
FY2017FY2018FY2018FY2019FY2020FY2022FY2023FY2024FY2024FY2025
Gross margin 16.7% 16.2% 18.0% 17.7% 17.1% 16.5% 18.4% 18.5% 19.5% 20.7%
Operating margin 6.8% 8.0% 5.3% 5.1% 1.3% 5.6% 8.4% 1.9% 4.8% 9.1%
Net margin 1.4% 4.7% 7.8% 1.9% 8.4% 2.4% 3.8% −0.8% 2.3% 6.1%
Free cash flow margin 8.4% 6.8% 5.5% 7.9% 8.7% 4.2% 6.8% 1.2% 2.1% −0.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow298.3Capital expenditure−85.1Free cash flow213.2Fiscal year 2018Operating cash flow332.8Capital expenditure−151.3Free cash flow181.4 −14.9%Fiscal year 2018Operating cash flow273.1Capital expenditure−150.1Free cash flow123.0 −32.2%Fiscal year 2019Operating cash flow311.9Capital expenditure−142.6Free cash flow169.4 +37.7%Fiscal year 2020Operating cash flow287.2Capital expenditure−103.3Free cash flow183.9 +8.6%Fiscal year 2022Operating cash flow176.6Capital expenditure−82.0Free cash flow94.7 −48.5%Buybacks−64.7Fiscal year 2023Operating cash flow272.9Capital expenditure−102.9Free cash flow170.0 +79.5%Buybacks−35.4Fiscal year 2024Operating cash flow187.3Capital expenditure−160.2Free cash flow27.0 −84.1%Buybacks−24.4Fiscal year 2024Operating cash flow236.9Capital expenditure−185.7Free cash flow51.2 +89.2%Buybacks−34.5Fiscal year 2025Operating cash flow291.9Capital expenditure−292.6Free cash flow−0.7 −101.3%Buybacks−17.9
FY2017FY2018FY2018FY2019FY2020FY2022FY2023FY2024FY2024FY2025
Operating cash flow 298.3 332.8 273.1 311.9 287.2 176.6 272.9 187.3 236.9 291.9
Capital expenditure −85.1 −151.3 −150.1 −142.6 −103.3 −82.0 −102.9 −160.2 −185.7 −292.6
Free cash flow 213.2 181.4 123.0 169.4 183.9 94.7 170.0 27.0 51.2 −0.7
Growth −14.9% −32.2% +37.7% +8.6% −48.5% +79.5% −84.1% +89.2% −101.3%
Buybacks n/a n/a n/a n/a n/a −64.7 −35.4 −24.4 −34.5 −17.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash256.3Total debt909.0Net cash (debt)−652.8Shareholders’ equity820.8Debt to equity1.11Fiscal year 2018Cash409.3Total debt975.5Net cash (debt)−566.2Shareholders’ equity1,011.4Debt to equity0.96Fiscal year 2018Cash256.4Total debt1,462.4Net cash (debt)−1,206.1Shareholders’ equity1,227.1Debt to equity1.19Fiscal year 2019Cash379.8Total debt1,226.0Net cash (debt)−846.1Shareholders’ equity1,279.0Debt to equity0.96Fiscal year 2020Cash451.6Total debt842.9Net cash (debt)−391.3Shareholders’ equity1,444.0Debt to equity0.58Fiscal year 2022Cash537.7Total debt927.8Net cash (debt)−390.1Shareholders’ equity1,455.4Debt to equity0.64Fiscal year 2023Cash402.7Total debt879.4Net cash (debt)−476.7Shareholders’ equity1,535.6Debt to equity0.57Fiscal year 2024Cash450.2Total debt917.8Net cash (debt)−467.6Shareholders’ equity1,511.0Debt to equity0.61Fiscal year 2024Cash503.9Total debt918.2Net cash (debt)−414.2Shareholders’ equity1,563.8Debt to equity0.59Fiscal year 2025Cash501.2Total debt916.2Net cash (debt)−414.9Shareholders’ equity1,762.3Debt to equity0.52
FY2017FY2018FY2018FY2019FY2020FY2022FY2023FY2024FY2024FY2025
Cash 256.3 409.3 256.4 379.8 451.6 537.7 402.7 450.2 503.9 501.2
Total debt 909.0 975.5 1,462.4 1,226.0 842.9 927.8 879.4 917.8 918.2 916.2
Net cash (debt) −652.8 −566.2 −1,206.1 −846.1 −391.3 −390.1 −476.7 −467.6 −414.2 −414.9
Shareholders’ equity 820.8 1,011.4 1,227.1 1,279.0 1,444.0 1,455.4 1,535.6 1,511.0 1,563.8 1,762.3
Debt to equity 1.11 0.96 1.19 0.96 0.58 0.64 0.57 0.61 0.59 0.52

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 2 Jan 2017 FY2018 1 Jan 2018 FY2018 31 Dec 2018 FY2019 30 Dec 2019 FY2020 28 Dec 2020 FY2022 3 Jan 2022 FY2023 2 Jan 2023 FY2024 1 Jan 2024 FY2024 30 Dec 2024 FY2025 29 Dec 2025
Assets
256.3 409.3 256.4 379.8 451.6 537.7 402.7 450.2 503.9 501.2
432.8 483.9 523.2 503.6 381.1 386.3 473.2 413.6 448.6 563.7
269.2 294.6 109.4 113.8 115.7 127.6 170.6 213.1 225.0 250.1
966.6 1,056.8 1,052.0 678.2 650.4 665.8 724.2 807.7 870.0 1,010.7
372.6 372.6 698.8 706.5 637.3 637.3 760.4 702.7 670.1 670.1
2,500.1 2,781.9 3,457.5 3,560.9 2,895.9 3,025.5 3,323.6 3,323.7 3,472.5 3,840.3
Growth +11.3% +24.3% +3.0% −18.7% +4.5% +9.9% +0.0% +4.5% +10.6%
Liabilities
n/a n/a n/a n/a n/a n/a n/a 3.5 3.8 3.8
909.0 975.5 1,462.4 1,226.0 842.9 927.8 879.4 914.3 914.4 912.3
calc 909.0 975.5 1,462.4 1,226.0 842.9 927.8 879.4 917.8 918.2 916.2
Equity
74.8 230.9 433.0 474.3 651.8 706.3 800.8 782.1 838.4 1,015.9
820.8 1,011.4 1,227.1 1,279.0 1,444.0 1,455.4 1,535.6 1,511.0 1,563.8 1,762.3
Growth +23.2% +21.3% +4.2% +12.9% +0.8% +5.5% −1.6% +3.5% +12.7%
Per share and net cash
calc −652.8 −566.2 −1,206.1 −846.1 −391.3 −390.1 −476.7 −467.6 −414.2 −414.9
100.4 101.8 103.7 105.5 106.8 103.5 102.2 102.1 102.0 103.4
calc 8.18 9.93 11.83 12.12 13.52 14.06 15.02 14.80 15.33 17.05

Lines marked calc are worked out here from filed figures; point at one for how.