TTM Technologies Inc (TTMI)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	120,265	150,405	89,241	70,627	52,271	59,726	119,706	135,500	159,471	145,916	128,373	132,059	125,991	122,089	49,602	31,710	28,092	48,352	124,965	118,813
Revenue (ttm)	US$ in thousands	2,442,753	2,360,827	2,316,871	2,258,243	2,232,567	2,280,684	2,379,182	2,458,223	2,495,046	2,476,031	2,361,735	2,303,568	2,248,740	2,174,401	2,131,193	2,134,108	2,105,322	2,300,773	2,504,014	2,566,754
Operating profit margin		4.92%	6.37%	3.85%	3.13%	2.34%	2.62%	5.03%	5.51%	6.39%	5.89%	5.44%	5.73%	5.60%	5.61%	2.33%	1.49%	1.33%	2.10%	4.99%	4.63%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $120,265K ÷ $2,442,753K
= 4.92%

TTM Technologies Inc's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 4.63% in March 2020, increased to 5.89% by September 30, 2022, and peaked at 6.39% by December 31, 2022. However, there was a decline in the operating profit margin to 2.34% by December 31, 2023, before rebounding to 6.37% by September 30, 2024.

Overall, TTM Technologies Inc's operating profit margin has demonstrated variability during this period, with both increases and decreases in profitability. It is important for the company to monitor and manage its operating costs effectively to sustain and improve its operating profit margin in the future.