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