TTM Technologies, Inc. TTMI R2K
TTM Technologies, Inc. manufactures and sells mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs) and substrates in the United States, Taiwan, and internationally. It operates in three segments, A&D, Commercial, and RF&S Components. The company offers various engineered systems and RF and microwave assemblies; PCBs and IC substrates, custom assemblies and integrated systems, passive and advanced ceramic RF components, hi-reliability multi-chip modules, and beamforming and switching networks; and design-for-manufacturability, PCB layout design, simulation and testing, quick turnaround (QTA) production, and specialized RF assembly and testing. It also provides multi-mode surveillance and weather avoidance radar systems for fixed- and rotary-wing aircraft, Unmanned Aerial Vehicles, and shipboard platforms; AN/APS-153 multi-mode radar; communications suite within the MH-60R/S multi-mission helicopters; and supports maritime surveillance, counter UAS, and advanced air mobility end markets under MOSAIC brand. In addition, the company offers identification friend; monopulse secondary surveillance radars, and air traffic control systems; wired and wireless communication systems; designs, produces, and tests specialized multi-chip RF modules and components; and manufactures off-the-shelf surface mount microwave components. Further, it provides thick-film ceramic substrates, custom designed application specific integrated circuits, and conventional PCBs; custom electronic assemblies; QTA services; and thermal management. The company serves original equipment manufacturers, electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, instrumentation, and networking markets. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 23.3% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 94.4.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TTMI TTM Technologies, Inc. R2K | 173.72 | 94.41 | $18.04B | - | 8.88% | 11.40% | 5.22% | 23.33% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Sep 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Apr 2017 | Jul 2017 | Oct 2017 | Apr 2018 | Jul 2018 | Oct 2018 | Apr 2019 | Jul 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Apr 2024 | Jul 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 666.81M | 663.58M | 716.89M | 755.84M | 536.45M | 526.88M | 534.17M | 497.65M | 570.30M | 513.58M | 526.43M | 567.38M | 556.78M | 581.26M | 625.55M | 671.08M | 544.44M | 546.51M | 572.58M | 570.11M | 605.14M | - | - | 648.67M | 730.62M | 752.74M | 774.32M | 845.98M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 517.70M | 582.51M | 596.00M | 608.45M | 664.79M |
| Gross Profit | 48.44M | 38.51M | 38.60M | 49.11M | 51.56M | 61.19M | 89.12M | 83.56M | 97.64M | 109.56M | 105.02M | 95.87M | 96.83M | 88.68M | 116.14M | 129.58M | 98.83M | 92.85M | 85.26M | 81.34M | 100.43M | 89.28M | 81.60M | 99.91M | 93.18M | 90.92M | 117.07M | 128.57M | 86.12M | 98.51M | 113.27M | 103.72M | 117.23M | - | - | 130.97M | 148.11M | 156.74M | 165.87M | 181.18M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 80.00M | 84.93M | 84.32M | 84.90M | 108.44M |
| Operating Income | -1.19M | 4.45M | 3.20M | 12.31M | 8.27M | -7.06M | 23.60M | 18.90M | 34.68M | 50.23M | 52.57M | 45.06M | 44.09M | 30.00M | 31.73M | 54.55M | 30.12M | 28.99M | 21.13M | 16.18M | 23.00M | -40.25M | 19.80M | 40.89M | 32.23M | 25.87M | 37.20M | 49.78M | -3.47M | 21.41M | -10.20M | 17.07M | 38.99M | - | - | 50.97M | 63.18M | 72.42M | 80.97M | 72.75M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88.54M | 93.54M | 109.02M | 111.75M | 107.64M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.46M | 11.10M | 10.40M | 12.38M | 10.60M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.99M | 45.52M | 61.81M | 62.01M | 58.52M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.81M | 4.00M | 8.76M | 11.32M | 8.54M |
| Net Income | -7.71M | -3.80M | -3.10M | 7.66M | 3.45M | -36.61M | -2.24M | -7.26M | 18.55M | 25.58M | 32.96M | 20.59M | 21.45M | 10.10M | 84.00M | 27.00M | -3.25M | 3.42M | 15.87M | -1.17M | 181.20M | -41.45M | -3.19M | 28.26M | 20.96M | 17.25M | 27.79M | 43.53M | -5.81M | 6.82M | -37.07M | 10.47M | 26.35M | - | - | 32.18M | 41.53M | 53.05M | 50.69M | 49.99M |
| Diluted EPS | -0.09 | -0.05 | -0.04 | 0.09 | 0.04 | -0.41 | -0.02 | -0.07 | 0.17 | 0.23 | 0.28 | 0.18 | 0.19 | 0.09 | 0.65 | 0.22 | -0.03 | 0.03 | 0.15 | -0.01 | 1.69 | -0.39 | -0.03 | 0.26 | 0.19 | 0.17 | 0.27 | 0.42 | -0.06 | 0.07 | -0.36 | 0.10 | 0.25 | - | - | 0.31 | 0.40 | 0.50 | 0.48 | 0.47 |
| R&D Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.72M | 4.50M | 4.36M | 4.76M | 5.18M | 5.22M | 4.47M | 4.18M | 4.42M | 5.55M | 5.23M | 7.32M | 7.08M | 6.42M | 6.17M | 7.32M | 8.55M | 8.05M | - | 8.06M | 7.01M | 7.04M | - | 7.81M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Jan 2017 | Jan 2018 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 2.53B | 2.66B | 2.24B | 2.13B | 2.11B | - | 2.25B | 2.50B | 2.50B | 2.23B | 2.23B | 2.44B | 2.91B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.04B | - | 1.82B | - | 1.97B | 2.30B |
| Gross Profit | 103.21M | 254.41M | 301.31M | 225.00M | 217.84M | 194.69M | 310.14M | 423.62M | 429.58M | 402.67M | 377.18M | 359.02M | - | 372.01M | 457.96M | 457.96M | 413.27M | 413.27M | 477.38M | 601.69M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 295.27M | - | 302.50M | - | 317.53M | 334.15M |
| Operating Income | 18.45M | 125.56M | 91.12M | -142.02M | 69.13M | 46.54M | 61.34M | 173.45M | 212.76M | 118.97M | 109.63M | 28.09M | - | 125.99M | 162.70M | 210.41M | 110.77M | 42.32M | 159.84M | 267.53M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 362.29M | - | 209.15M | - | 281.59M | 402.84M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.52M | - | 48.12M | - | 47.52M | 45.33M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 182.86M | - | 297.00K | - | 83.95M | 210.34M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88.28M | - | 19.02M | - | 27.65M | 32.89M |
| Net Income | 4.86M | 71.53M | 41.87M | -174.59M | 21.88M | 14.69M | -25.88M | 34.86M | 124.21M | 173.58M | 41.30M | 177.53M | - | 54.41M | 94.58M | 94.58M | -18.72M | -18.72M | 56.30M | 177.45M |
| Diluted EPS | 0.11 | 1.01 | 0.51 | -2.13 | 0.26 | 0.18 | -0.28 | 0.34 | 1.04 | 1.38 | 0.39 | 1.67 | - | 0.50 | 0.91 | 0.91 | -0.18 | -0.18 | 0.54 | 1.68 |
| R&D Expense | - | - | - | - | - | - | - | - | - | 13.72M | 17.94M | 19.77M | - | 18.15M | - | 24.81M | - | 27.27M | 31.84M | 28.99M |
Compounded Sales Growth
| 5 Years: | 5.22% |
| 1 Year: | 30.40% |
Compounded Profit Growth
| 5 Years: | 23.33% |
| 1 Year: | 51.60% |
Stock Price Performance
| 1 Year: | +481.78% |
| 6 Months: | +153.57% |
| 3 Months: | +66.65% |
| 1 Month: | +26.34% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Jan 2017 | Jan 2018 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 543.06M | 1.76B | 1.75B | 1.68B | 1.67B | 1.60B | 2.64B | 2.50B | 2.78B | 3.46B | 3.56B | 2.90B | - | 3.03B | 3.32B | 3.32B | 3.32B | 3.32B | 3.47B | 3.84B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.49B | - | 1.43B | - | 1.61B | 1.86B |
| Cash & Equivalents | 148.47M | 94.35M | 216.08M | 196.05M | 285.43M | 330.55M | 279.04M | 259.10M | 256.28M | 409.33M | 256.36M | 379.82M | 451.56M | - | 537.68M | 402.75M | 402.75M | 450.21M | 450.21M | 503.93M | 501.23M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 170.64M | - | 213.07M | - | 224.99M | 250.06M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 473.23M | - | 413.56M | - | 448.61M | 563.74M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.79B | - | 1.81B | - | 1.91B | 2.08B |
| Current Liabilities | - | - | 418.20M | 437.14M | 369.88M | 458.00M | 496.01M | 744.99M | 689.07M | 720.36M | 673.21M | 946.67M | 518.05M | - | 558.15M | 761.33M | 761.33M | 703.98M | 703.98M | 809.05M | 962.20M |
| Long Term Debt | - | - | 313.00M | 217.37M | - | - | 374.64M | 1.01B | 909.03M | 975.48M | 1.46B | 1.23B | 842.85M | - | 927.82M | 879.41M | 879.41M | 914.34M | 914.34M | 914.36M | 912.34M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 962.60M | - | 1.02B | - | 1.02B | 1.03B |
| Total Equity | - | - | 728.25M | 808.92M | 653.95M | 705.29M | 715.46M | 819.11M | 820.85M | 1.01B | 1.23B | 1.28B | 1.44B | - | 1.46B | 1.54B | 1.54B | 1.51B | 1.51B | 1.56B | 1.76B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 109.60M | - | 111.28M | - | 113.16M | 115.20M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Jan 2017 | Jan 2018 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 73.98M | 125.82M | 179.34M | 182.56M | 71.39M | - | - | 298.34M | 332.75M | 273.14M | 311.94M | 287.18M | - | 176.63M | 272.87M | 272.87M | 187.28M | 187.28M | 236.89M | 291.88M |
| Investing Cash Flow | -128.50M | 32.96M | -140.62M | -136.44M | -35.69M | - | - | -77.97M | -124.09M | -746.19M | -135.97M | 404.29M | - | -84.14M | -395.46M | -395.46M | -92.03M | -92.03M | -146.21M | -273.94M |
| Financing Cash Flow | 440.00K | -35.37M | -55.22M | 45.07M | 12.98M | - | - | -217.11M | -58.98M | 321.06M | -31.81M | -642.31M | - | -7.23M | -11.31M | -11.31M | -47.67M | -47.67M | -36.82M | -20.92M |
| Capital Expenditure | -11.51M | -68.49M | -142.75M | -139.55M | -103.35M | -109.62M | -99.92M | -85.14M | -151.34M | -150.13M | -142.58M | -103.29M | - | -81.95M | -102.88M | -102.88M | -160.24M | -160.24M | -185.74M | -292.56M |
| Free Cash Flow | 62.47M | 57.33M | 36.59M | 43.02M | -31.96M | - | - | 213.20M | 181.41M | 123.01M | 169.36M | 183.89M | - | 94.68M | 169.99M | 169.99M | 27.04M | 27.04M | 51.16M | -683.00K |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -133.90M | - | 47.58M | - | 53.86M | -2.98M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | - | - | 64.73M | - | 35.42M | - | 24.43M | 34.48M | 17.88M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Jan 2017 | Jan 2018 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jan 2022 | Dec 2022 | Jan 2023 | Dec 2023 | Jan 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | 16.7% | 16.2% | 18.0% | 17.7% | 17.1% | - | 16.5% | 18.4% | 18.4% | 18.5% | 18.5% | 19.5% | 20.7% |
| Operating Margin % | - | - | - | - | - | - | - | 6.8% | 8.0% | 5.3% | 5.1% | 1.3% | - | 5.6% | 6.5% | 8.4% | 5.0% | 1.9% | 6.5% | 9.2% |
| Net Margin % | - | - | - | - | - | - | - | 1.4% | 4.7% | 7.8% | 1.9% | 8.4% | - | 2.4% | 3.8% | 3.8% | -0.8% | -0.8% | 2.3% | 6.1% |
| ROE % | - | 9.8% | 5.2% | -26.7% | 3.1% | 2.1% | -3.2% | 4.2% | 12.3% | 14.1% | 3.2% | 12.3% | - | 3.7% | 6.2% | 6.2% | -1.2% | -1.2% | 3.6% | 10.1% |
| ROCE % | - | 9.3% | 6.9% | -10.9% | 5.7% | 4.2% | 3.2% | 9.6% | 10.3% | 4.3% | 4.2% | 1.2% | - | 5.1% | 6.3% | 8.2% | 4.2% | 1.6% | 6.0% | 9.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 13.13% | 13.64M | $2.37B |
| 2 | Vanguard Portfolio Management LLC | 6.16% | 6.40M | $1.11B |
| 3 | Invesco Ltd. | 4.99% | 5.18M | $899.79M |
| 4 | Vanguard Capital Management LLC | 4.30% | 4.46M | $775.41M |
| 5 | Dimensional Fund Advisors LP | 4.15% | 4.31M | $748.92M |
| 6 | State Street Corporation | 3.67% | 3.81M | $662.53M |
| 7 | Whale Rock Capital Management LLC | 3.38% | 3.51M | $610.55M |
| 8 | Geode Capital Management, LLC | 3.04% | 3.16M | $548.29M |
| 9 | Polar Capital Holdings PLC | 2.82% | 2.92M | $508.01M |
| 10 | FMR, LLC | 2.41% | 2.51M | $435.56M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TTMI