TTM Technologies, Inc. logo TTMI - TTM Technologies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $158.33 DETAILS
HIGH: $180.00
LOW: $135.00
MEDIAN: $160.00
CONSENSUS: $158.33
DOWNSIDE: 19.68%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Revenue
Revenue 2,906.3 2,442.8 2,232.6 2,495.0 2,248.7 2,105.3 2,133.2 2,237.7 2,658.6 2,533.4 2,095.5 1,325.7 1,368.2 1,348.7 1,428.6 1,179.7 582.5 681.0 669.5 369.3 240.2 240.7 180.3 89.0 129.0 203.7 106.4
Cost of Revenue 2,338.1 1,965.4 1,819.3 2,037.1 1,876.7 1,746.3 1,756.0 1,835.1 2,229.0 2,109.7 1,785.4 1,131.0 1,150.4 1,123.7 1,127.3 925.3 479.3 543.7 539.3 276.2 186.5 172.1 145.7 78.5 92.2 117.2 76.2
Gross Profit 568.3 477.4 413.3 458.0 372.0 359.0 377.2 402.7 429.6 423.6 310.1 194.7 217.8 225.0 301.3 254.4 103.2 137.2 130.2 93.1 53.8 68.5 34.6 10.5 36.8 86.5 30.2
Operating Expenses
R&D Expenses 29.0 31.8 27.3 24.8 18.1 19.8 17.9 13.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 277.6 250.1 226.6 233.4 187.9 186.4 198.5 208.3 192.0 213.6 225.0 137.9 143.1 134.0 129.6 114.0 63.1 63.7 62.5 36.1 26.1 25.3 22.6 12.0 12.7 20.6 6.9
Other Expenses 0 79.3 117.1 (10.6) 40.0 124.8 51.2 61.6 24.8 36.5 23.8 10.2 5.6 233.1 80.6 14.8 21.7 123.4 4.1 2.0 1.2 2.1 1.9 5.1 4.8 20.2 10.8
Operating Expenses 306.6 361.3 371.0 247.6 246.0 330.9 267.5 283.7 216.8 250.2 248.8 148.2 148.7 367.0 210.2 128.8 84.8 187.1 66.6 38.1 27.3 27.3 24.4 17.0 17.5 40.8 17.7
Operating Income
Operating Income 261.7 116.0 42.3 210.4 126.0 28.1 109.6 119.0 212.8 173.5 61.3 46.5 69.1 (142.0) 91.1 125.6 18.5 (49.9) 63.6 55.0 26.4 41.2 10.2 (6.5) 19.2 45.7 12.5
Interest Expense 45.3 47.5 48.1 45.5 45.5 73.2 82.1 75.8 53.9 76.0 59.8 23.8 24.0 25.8 26.5 22.3 11.2 11.1 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.4 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 402.8 281.6 209.2 362.3 242.9 193.0 336.3 348.7 368.3 323.5 221.1 149.9 165.3 (43.6) 186.9 193.4 42.0 (25.1) 97.7 70.9 37.0 51.9 20.1 7.5 32.4 65.9 23.3
EBIT 255.7 131.5 48.4 228.4 115.5 26.9 116.4 122.9 193.9 143.0 68.7 46.1 63.8 (142.6) 99.7 130.9 19.3 (50.3) 63.6 55.2 26.4 42.1 10.9 (2.6) 19.2 45.7 12.5
Income Before Tax 210.3 83.9 0.3 182.9 70.1 (46.3) 34.3 47.2 140.0 67.0 9.0 22.3 39.8 (168.4) 73.2 108.6 8.1 (61.4) 51.3 56.1 28.3 41.5 9.9 (7.0) 17.2 33.0 2.1
Income Tax Expense 32.9 27.6 19.0 88.3 15.6 (29.9) 2.4 (88.2) 15.2 31.4 34.6 7.6 15.9 12.7 26.0 28.7 3.3 (24.5) 16.6 21.1 (2.5) 13.2 3.9 (2.3) 6.2 (1.9) 0.8
Net Income 177.4 56.3 (18.7) 94.6 54.4 177.5 41.3 173.6 124.2 34.9 (25.9) 14.7 21.9 (174.6) 41.9 71.5 4.9 (36.9) 34.7 35.0 30.8 28.3 7.4 1.6 11.0 28.1 (0.2)
Per Share Data
EPS (Basic) 1.73 0.55 -0.18 0.93 0.51 -0.56 0.39 1.30 1.22 0.35 -0.28 0.18 0.27 -2.11 0.48 1.02 0.12 -0.83 0.82 0.84 0.75 0.69 0.19 0.04 0.29 0.88 -0.01
EPS (Diluted) 1.68 0.54 -0.18 0.91 0.50 -0.56 0.39 1.30 1.04 0.34 -0.28 0.18 0.26 -2.11 0.48 1.01 0.12 -0.83 0.81 0.83 0.74 0.68 0.18 0.04 0.28 0.82 -0.01
Shares Outstanding 102.6 101.8 102.7 102.1 106.3 106.4 105.2 134.0 101.6 100.1 92.4 83.2 82.5 81.8 81.2 70.2 43.1 42.7 42.3 41.7 41.1 41.1 39.2 39.6 37.9 31.9 22.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999
Current Assets
Cash & Cash Equivalents 501.2 503.9 450.2 402.7 537.7 451.6 400.2 256.4 409.3 256.3 94.3 148.5 43.2 24.2 18.9 24.5 9.3 1.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 1.4 3.7 15.3 7.5 0 0 0 0
Net Receivables 563.7 830.0 712.3 878.3 711.2 654.4 758.2 810.9 483.9 432.8 89.5 118.7 35.9 29.3 17.9 11.2 33.7 21.6
Inventory 250.1 225.0 213.1 170.6 127.6 115.7 122.0 109.4 294.6 269.2 60.2 71.0 9.0 8.6 10.5 3.1 6.9 6.0
Other Current Assets 540.4 47.8 54.1 0 0 0 39.0 0 0 0 126.6 8.8 1.8 4.0 9.9 4.9 0.4 0.3
Total Current Assets 1,855.4 1,606.7 1,429.7 1,493.1 1,407.4 1,248.8 1,342.7 1,206.9 1,221.3 1,012.8 382.6 353.1 106.3 74.9 60.3 44.0 50.3 29.2
Non-Current Assets
Property, Plant & Equipment 1,010.7 948.2 894.0 743.1 686.6 674.8 1,047.1 1,052.0 1,056.8 966.6 88.6 114.9 52.2 43.5 45.6 50.9 44.8 27.5
Goodwill 670.1 670.1 702.7 760.4 637.3 637.3 774.8 767.0 372.6 372.6 14.1 14.1 63.2 0 0 0 0 0
Intangible Assets 154.9 191.8 236.7 288.0 239.9 281.3 332.0 375.9 103.0 126.6 15.1 18.3 11.6 76.1 77.0 78.2 83.0 87.9
Long-Term Investments 4.2 1.3 1.5 0 0 0 0 0 0 0 1.7 0 0 0 0 0 0 0
Other Non-Current Assets 144.9 54.3 59.1 39.0 54.3 53.8 64.4 55.6 28.2 21.4 3.5 6.5 1.4 1.0 0.2 0.8 24.0 23.7
Total Non-Current Assets 1,984.9 1,865.8 1,894.0 1,830.5 1,618.1 1,647.2 2,218.2 2,250.6 1,560.6 1,487.2 160.5 203.1 129.4 131.0 137.3 149.1 151.8 139.1
Total Assets 3,840.3 3,472.5 3,323.7 3,323.6 3,025.5 2,895.9 3,560.9 3,457.5 2,781.9 2,500.1 543.1 556.2 235.8 205.9 197.5 193.1 202.1 168.3
Current Liabilities
Account Payables 543.5 406.2 334.6 361.8 361.5 327.1 329.9 431.3 439.0 371.6 37.9 48.8 9.5 7.9 12.5 5.9 10.0 6.5
Short-Term Debt 13.8 3.8 3.5 50 4.3 0 250.0 30 4.6 110.7 0 0 1.2 4.4 2.2 4.5 7.0 3.6
Deferred Revenue 175.6 170.9 126.5 104.0 14.2 4.3 3.8 3.2 0 (466.4) 0 0 0 9.2 0 0 0 0
Other Current Liabilities 229.2 61.9 126.9 71.1 74.5 71.7 257.7 102.4 22.0 12.4 19.3 2.4 1.2 1.1 5.1 4.5 11.1 5.1
Total Current Liabilities 962.2 809.1 704.0 761.3 558.1 518.0 946.7 673.2 720.4 689.1 59.4 72.7 23.7 22.5 19.8 14.9 28.1 15.2
Non-Current Liabilities
Long-Term Debt 999.9 914.4 914.3 879.4 927.8 842.9 1,226.0 1,462.4 975.5 909.0 139.9 175 0 3.3 7.8 28.1 36.3 128.9
Deferred Tax Liabilities 46.3 41.4 44.2 54.3 28.4 23.7 25.4 0 29.0 0 37.4 0 0 0 0 0 0 0
Other Non-Current Liabilities (33.7) 54.4 26.7 28.4 26.2 50.1 93.9 94.8 72.7 72.9 2.8 2.5 0.5 1.7 2.5 0 0 7.7
Total Non-Current Liabilities 1,115.9 1,099.6 1,108.6 1,026.7 1,012.0 933.9 1,335.2 1,557.2 1,050.1 981.9 142.7 177.5 0.5 5.0 10.2 28.1 36.3 136.6
Total Liabilities 2,078.1 1,908.7 1,812.6 1,788.0 1,570.1 1,451.9 2,281.9 2,230.4 1,770.5 1,671.0 202.1 250.3 24.1 27.5 30.1 43.0 64.4 151.8
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 158.2 153.3 149.9 134.2 132.9 37.5
Retained Earnings 1,015.9 838.4 782.1 800.8 706.3 651.8 474.3 433.0 193.3 74.8 122.3 119.1 53.4 25.1 17.7 16.1 5.1 (23.0)
Accumulated Other Comprehensive Income (30.9) (27.9) (29.1) (24.8) (27.3) (38.9) (10.1) (3.9) 40.9 (12.5) 3.1 3.2 (40.7) (0.0) (0.2) (0.2) (0.3) 2.0
Total Stockholders' Equity 1,762.3 1,563.8 1,511.0 1,535.6 1,455.4 1,444.0 1,279.0 1,227.1 1,011.4 829.1 340.9 306.0 211.6 178.3 167.4 150.1 137.7 16.5
Total Liabilities & Equity 3,840.3 3,472.5 3,323.7 3,323.6 3,025.5 2,895.9 3,560.9 3,457.5 2,781.9 2,500.1 543.1 556.2 235.8 205.9 197.5 193.1 202.1 168.3
Debt Metrics
Total Debt 1,117.1 1,015.2 1,019.9 962.6 964.4 868.2 1,492.5 1,492.4 980.1 1,019.7 139.9 175 0.0 7.8 10 32.6 43.3 132.5
Net Debt 615.8 511.3 569.6 559.9 426.8 416.6 1,092.3 1,236.1 570.7 763.4 45.5 26.5 (43.1) (16.5) (8.9) 8.1 34.0 131.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999
Operating Activities
Net Income 177.4 56.3 (18.7) 94.6 54.4 177.5 41.3 173.6 124.7 35.6 30.8 28.3 7.4 1.6 11.0 34.9 1.3
Depreciation & Amortization 147.2 150.1 160.7 133.9 127.3 166.1 219.9 225.7 174.4 180.5 10.6 9.8 9.3 10.1 13.2 20.2 10.8
Stock-Based Compensation 41.7 29.8 22.9 19.5 17.7 16.1 16.8 20.7 18.3 11.1 0 0 0 0 0 0 0
Change in Working Capital (85.3) (30.3) (11.9) 18.4 (40.2) 69.4 34.3 (59.5) 2.8 4.8 (2.5) (2.6) (1.4) (0.3) 11.4 (3.8) (13.3)
Other Non-Cash Items 7.5 32.7 45.7 (54.8) 7.7 (148.6) 12.1 10.9 21.7 65.5 0.7 4.0 (0.9) (4.4) 0.2 1.3 (1.0)
Operating Cash Flow 291.9 236.9 187.3 272.9 176.6 287.2 311.9 273.1 332.8 298.3 31.0 48.8 18.6 10.0 38.2 43.7 (2.2)
Investing Activities
Capital Expenditure (292.6) (185.7) (160.2) (102.9) (82.0) (103.3) (142.6) (150.1) (151.3) (85.1) (8.0) (17.5) (6.6) (7.7) (12.1) (22.9) (4.5)
Acquisitions 0 0 68.3 (298.3) (3.2) 507.5 6.6 (596.4) 18.7 (169.2) 0 0 0.3 (0.9) 0 0 (95.5)
Purchases of Investments 0 0 0 0 (3.2) 0 0 0 0 0 (68.9) (46.0) (8.5) 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 3.2 0 0 0 0 0 63.3 52.8 1 0 0 0 0
Other Investing Activities 18.6 39.5 (0.1) 5.8 1.0 0.1 0 0.3 27.3 176.3 0.0 1.5 (0.3) 0.0 (1.1) (1.2) 0.1
Investing Cash Flow (273.9) (146.2) (92.0) (395.5) (84.1) 404.3 (136.0) (746.2) (124.1) (78.0) (13.6) (9.3) (14.1) (8.5) (13.2) (24.1) (99.9)
Financing Activities
Net Debt Issuance (3.8) (1.2) (6.8) 0 74.2 (650.0) (30.0) 330.0 (38.9) (217.6) 0 (7.8) (2.5) (22.6) (10.7) (92.8) 65.8
Stock Repurchased (17.9) (34.5) (24.4) (35.4) (64.7) 0 0 0 0 0 0 0 0 (0.2) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0.5 (1.2) (16.5) 24.1 (16.7) 7.5 (1.8) (9.0) (20.1) 0.5 (0.2) 0 0 0 0 (10.8) (0.0)
Financing Cash Flow (20.9) (36.8) (47.7) (11.3) (7.2) (642.3) (31.8) 321.1 (59.0) (217.1) 0.6 (6.0) 0.9 (7.1) (9.9) (11.6) 103.3
Cash Position
Net Change in Cash (2.7) 53.7 47.5 (134.9) 86.1 51.4 143.8 (153.0) 153.0 (2.8) 18.1 33.5 5.4 (5.6) 15.2 8.0 1.1
Cash at Beginning 503.9 450.2 402.7 537.7 451.6 400.2 256.4 409.3 256.3 259.1 43.2 9.6 18.9 24.5 9.3 1.3 0.2
Cash at End 501.2 503.9 450.2 402.7 537.7 451.6 400.2 256.4 409.3 256.3 61.3 43.2 24.2 18.9 24.5 9.3 1.3
Free Cash Flow (0.7) 51.2 27.0 170.0 94.7 183.9 169.4 123.0 181.4 213.2 23.1 31.3 12.0 2.3 26.2 20.8 (6.7)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Income Statement
Revenue 2,906.3 2,442.8 2,232.6 2,495.0 2,248.7 2,105.3 2,133.2 2,237.7 2,658.6 2,533.4 2,095.5 1,325.7 1,368.2 1,348.7 1,428.6 1,179.7 582.5 681.0 669.5 369.3 240.2 240.7 180.3 89.0 129.0 203.7 106.4
Gross Profit 568.3 477.4 413.3 458.0 372.0 359.0 377.2 402.7 429.6 423.6 310.1 194.7 217.8 225.0 301.3 254.4 103.2 137.2 130.2 93.1 53.8 68.5 34.6 10.5 36.8 86.5 30.2
Operating Income 261.7 116.0 42.3 210.4 126.0 28.1 109.6 119.0 212.8 173.5 61.3 46.5 69.1 (142.0) 91.1 125.6 18.5 (49.9) 63.6 55.0 26.4 41.2 10.2 (6.5) 19.2 45.7 12.5
Net Income 177.4 56.3 (18.7) 94.6 54.4 177.5 41.3 173.6 124.2 34.9 (25.9) 14.7 21.9 (174.6) 41.9 71.5 4.9 (36.9) 34.7 35.0 30.8 28.3 7.4 1.6 11.0 28.1 (0.2)
EPS (Diluted) 1.68 0.54 -0.18 0.91 0.50 -0.56 0.39 1.30 1.04 0.34 -0.28 0.18 0.26 -2.11 0.48 1.01 0.12 -0.83 0.81 0.83 0.74 0.68 0.18 0.04 0.28 0.82 -0.01
Balance Sheet
Cash & Equivalents 501.2 503.9 450.2 402.7 537.7 451.6 400.2 256.4 409.3 256.3 94.3 148.5 43.2 24.2 18.9 24.5 9.3 1.3
Total Assets 3,840.3 3,472.5 3,323.7 3,323.6 3,025.5 2,895.9 3,560.9 3,457.5 2,781.9 2,500.1 543.1 556.2 235.8 205.9 197.5 193.1 202.1 168.3
Total Debt 1,117.1 1,015.2 1,019.9 962.6 964.4 868.2 1,492.5 1,492.4 980.1 1,019.7 139.9 175 0.0 7.8 10 32.6 43.3 132.5
Stockholders' Equity 1,762.3 1,563.8 1,511.0 1,535.6 1,455.4 1,444.0 1,279.0 1,227.1 1,011.4 829.1 340.9 306.0 211.6 178.3 167.4 150.1 137.7 16.5
Cash Flow
Operating Cash Flow 291.9 236.9 187.3 272.9 176.6 287.2 311.9 273.1 332.8 298.3 31.0 48.8 18.6 10.0 38.2 43.7 (2.2)
Capital Expenditure (292.6) (185.7) (160.2) (102.9) (82.0) (103.3) (142.6) (150.1) (151.3) (85.1) (8.0) (17.5) (6.6) (7.7) (12.1) (22.9) (4.5)
Free Cash Flow (0.7) 51.2 27.0 170.0 94.7 183.9 169.4 123.0 181.4 213.2 23.1 31.3 12.0 2.3 26.2 20.8 (6.7)