TTM Technologies Inc (TTMI)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 9.32% | 8.73% | 8.87% | 9.09% | 9.14% | 9.28% | 8.74% | 8.47% | 8.39% | 8.62% | 8.64% | 8.66% | 8.70% | 7.56% | 7.18% | 7.10% | 7.39% | 6.57% | 7.36% | 7.53% |
| Operating profit margin | 0.95% | 2.19% | 3.37% | 3.63% | 4.20% | 3.12% | 2.81% | 2.93% | 2.84% | 2.90% | 1.19% | 0.76% | 0.68% | 0.58% | 1.75% | 1.89% | 2.15% | 1.58% | 2.20% | 2.17% |
| Pretax margin | 0.01% | 1.36% | 2.69% | 3.06% | 3.65% | 2.58% | 2.08% | 2.02% | 1.58% | 1.48% | -0.10% | 3.43% | 3.58% | 3.20% | 4.30% | 0.90% | 0.86% | 0.76% | 1.03% | 1.26% |
| Net profit margin | -0.42% | -0.63% | 1.03% | 1.44% | 1.89% | 2.07% | 1.63% | 1.66% | 1.23% | 2.02% | 0.54% | 4.23% | 4.30% | 3.34% | 4.33% | 0.86% | 0.81% | 1.30% | 1.50% | 2.92% |
TTM Technologies Inc's profitability ratios show varying trends over the past few quarters. The gross profit margin has been relatively stable, ranging between 8.39% to 9.32%, indicating that the company has been able to maintain a consistent level of profitability after accounting for the cost of goods sold.
However, the operating profit margin has shown more fluctuation, with a range of 0.58% to 4.20%. This suggests that TTM Technologies Inc has experienced some volatility in its operating expenses, which has impacted its profitability at the operating level.
The pretax margin has also exhibited variability, ranging from -0.10% to 4.30%. This metric reflects the company's ability to generate profits before accounting for taxes and other non-operating expenses. The wide range indicates fluctuations in the company's efficiency in managing its operating and non-operating expenses.
Lastly, the net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has shown mixed results, ranging from -0.63% to 4.33%. This metric indicates TTM Technologies Inc's overall ability to generate profits from its operations.
Overall, while the company has been able to maintain a relatively stable gross profit margin, its operating, pretax, and net profit margins have exhibited more variability, suggesting potential challenges in managing expenses and maintaining consistent profitability levels.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.27% | 3.22% | 5.25% | 5.70% | 6.33% | 4.43% | 3.99% | 4.34% | 4.16% | 4.01% | 1.64% | 1.07% | 0.97% | 0.90% | 2.50% | 2.72% | 3.08% | 2.37% | 3.38% | 3.49% |
| Return on assets (ROA) | -0.56% | -0.92% | 1.61% | 2.25% | 2.85% | 2.94% | 2.31% | 2.46% | 1.80% | 2.79% | 0.75% | 5.92% | 6.13% | 5.20% | 6.15% | 1.23% | 1.16% | 1.96% | 2.32% | 4.69% |
| Return on total capital | 2.00% | 4.77% | 7.47% | 8.29% | 9.46% | 6.74% | 5.82% | 5.74% | 4.85% | 4.61% | 2.21% | 8.75% | 9.66% | 10.52% | 13.17% | 5.04% | 5.02% | 4.46% | 5.10% | 5.66% |
| Return on equity (ROE) | -1.24% | -2.00% | 3.27% | 4.68% | 6.16% | 6.37% | 5.05% | 5.17% | 3.74% | 5.79% | 1.54% | 12.17% | 12.29% | 11.71% | 15.42% | 3.40% | 3.23% | 5.49% | 6.48% | 13.06% |
TTM Technologies Inc's profitability ratios show fluctuations over the past few quarters.
- Operating return on assets (Operating ROA) has ranged from 3.22% to 1.07% in the latest quarter, indicating a decline in the company's ability to generate operating profits from its assets.
- Return on assets (ROA) has been negative for the past several quarters, except for some positive results in the middle of 2023. This suggests that the company is struggling to generate profits from its total assets.
- Return on total capital has fluctuated significantly, with values ranging from 13.17% to 2.00%. This ratio indicates the efficiency of the company in generating profits from both equity and debt.
- Return on equity (ROE) has also shown fluctuations, with values ranging from -2.00% to 15.42%. The negative values suggest that the company has been losing money for part of the analyzed period.
Overall, TTM Technologies Inc's profitability ratios display inconsistency and variability, highlighting the need for a closer examination of the company's financial performance and strategic direction.