TTM Technologies Inc (TTMI)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	56,299	-18,718	94,583	54,414	-16,386
Revenue	US$ in thousands	2,442,750	2,232,570	2,495,050	2,248,740	2,105,320
Net profit margin		2.30%	-0.84%	3.79%	2.42%	-0.78%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $56,299K ÷ $2,442,750K
= 2.30%

Based on the data provided, TTM Technologies Inc's net profit margin has fluctuated over the years as follows:

1. In December 2020, the net profit margin was -0.78%, indicating that the company experienced a loss during that period.

2. By December 2021, the net profit margin improved to 2.42%, reflecting a positive growth in profitability.

3. The trend continued positively in December 2022, with the net profit margin increasing to 3.79%, showing further improvement in the company's profitability.

4. However, in December 2023, there was a decline in the net profit margin to -0.84%, indicating a decrease in profitability and potential challenges faced by the company during that period.

5. Lastly, by December 2024, the net profit margin recovered slightly to 2.30%, suggesting a rebound in profitability compared to the previous year.

Overall, TTM Technologies Inc's net profit margin has shown variability over the years, with some periods of profitability and others characterized by losses. It will be important for stakeholders to closely monitor the company's performance to understand the factors driving these fluctuations and assess the sustainability of its profitability in the future.