TTM Technologies Inc (TTMI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 116,043 | 42,316 | 210,408 | 125,991 | 112,843 |
| Revenue | US$ in thousands | 2,442,750 | 2,232,570 | 2,495,050 | 2,248,740 | 2,105,320 |
| Operating profit margin | 4.75% | 1.90% | 8.43% | 5.60% | 5.36% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $116,043K ÷ $2,442,750K
= 4.75%
Based on the data provided, TTM Technologies Inc's operating profit margin has shown varying trends over the years. In December 31, 2020, the operating profit margin was at 5.36%, which slightly increased to 5.60% by the end of December 31, 2021.
A notable improvement was seen in December 31, 2022, with the operating profit margin increasing to 8.43%. However, in December 31, 2023, there was a significant decrease in the operating profit margin to 1.90%, indicating potential challenges or inefficiencies in the company's operations during that period.
By December 31, 2024, there was a partial recovery as the operating profit margin increased to 4.75%. It is essential for TTM Technologies Inc to closely evaluate the factors influencing these fluctuations and take necessary actions to maintain or improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024