TTM Technologies Inc (TTMI)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 19.54% | 18.51% | 18.35% | 16.54% | 17.05% |
| Operating profit margin | 4.75% | 1.90% | 8.43% | 5.60% | 5.36% |
| Pretax margin | 3.44% | 0.01% | 7.33% | 3.12% | -2.20% |
| Net profit margin | 2.30% | -0.84% | 3.79% | 2.42% | -0.78% |
TTM Technologies Inc's profitability ratios have shown some fluctuations over the last five years.
1. Gross Profit Margin: TTM's gross profit margin has been relatively stable, ranging from 16.54% to 19.54%. The company's ability to control production costs and generate profits from its core operations improved slightly over the period.
2. Operating Profit Margin: TTM's operating profit margin has varied significantly, from 1.90% to 8.43%. This indicates fluctuations in the company's efficiency in managing operating expenses and generating profits before interest and taxes.
3. Pretax Margin: TTM's pretax margin has also shown variability, with a notable improvement from -2.20% to 7.33%. This suggests that the company's ability to generate profits before tax expenses has improved over the years.
4. Net Profit Margin: TTM's net profit margin has fluctuated from -0.84% to 3.79%. The company's bottom line performance has shown some improvement, with positive net profit margins in recent years indicating better control over all expenses.
Overall, TTM Technologies Inc's profitability ratios have shown mixed performance over the years, with improvements in certain areas such as gross profit margins and pretax margins, but fluctuations in operating profit margins. Continued monitoring of these ratios will be essential to assess the company's overall profitability and operational efficiency.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.34% | 1.27% | 6.33% | 4.16% | 3.90% |
| Return on assets (ROA) | 1.62% | -0.56% | 2.85% | 1.80% | -0.57% |
| Return on total capital | 8.41% | 2.99% | 11.35% | 7.16% | 1.24% |
| Return on equity (ROE) | 3.60% | -1.24% | 6.16% | 3.74% | -1.13% |
TTM Technologies Inc's profitability ratios show varying performance over the five-year period from 2020 to 2024.
1. Operating return on assets (Operating ROA) increased from 3.90% in 2020 to 6.33% in 2022, indicating improved operational efficiency in generating profits from its assets. However, there was a significant drop to 1.27% in 2023 before recovering slightly to 3.34% in 2024.
2. Return on assets (ROA) was negative at -0.57% in 2020, improved to 2.85% in 2022, but then turned negative again at -0.56% in 2023 before rebounding to 1.62% in 2024. This indicates mixed performance in generating profits relative to the total assets employed.
3. Return on total capital increased from 1.24% in 2020 to 11.35% in 2022, showing significant improvement in utilizing total capital to generate profits. However, there was a decline to 2.99% in 2023 before rising to 8.41% in 2024.
4. Return on equity (ROE) was negative at -1.13% in 2020, improved to 6.16% in 2022, but then declined to -1.24% in 2023 before recovering to 3.60% in 2024. This indicates fluctuations in generating returns for shareholders based on their equity investment.
Overall, TTM Technologies Inc's profitability ratios show mixed performance, with fluctuations in profitability and efficiency in utilizing assets and capital to generate returns for both the company and its shareholders.