TTM Technologies Inc (TTMI)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 56,299 | 68,467 | 17,090 | -2,438 | -18,718 | -30,039 | 50,555 | 71,523 | 94,583 | 96,953 | 74,383 | 74,852 | 54,414 | 84,987 | 22,578 | 187,127 | 189,145 | 175,444 | 232,765 | 43,379 |
| Total assets | US$ in thousands | 3,472,490 | 3,418,820 | 3,343,360 | 3,298,810 | 3,323,660 | 3,266,500 | 3,148,490 | 3,176,040 | 3,323,600 | 3,292,890 | 3,214,650 | 3,044,150 | 3,025,550 | 3,047,630 | 3,025,740 | 2,965,830 | 2,895,940 | 3,148,410 | 3,594,670 | 3,524,120 |
| ROA | 1.62% | 2.00% | 0.51% | -0.07% | -0.56% | -0.92% | 1.61% | 2.25% | 2.85% | 2.94% | 2.31% | 2.46% | 1.80% | 2.79% | 0.75% | 6.31% | 6.53% | 5.57% | 6.48% | 1.23% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $56,299K ÷ $3,472,490K
= 1.62%
Based on the provided data, TTM Technologies Inc's return on assets (ROA) has shown fluctuations over the reviewed periods. The ROA ranged from a low of -0.92% on September 30, 2023, to a high of 6.53% on December 31, 2020. In recent quarters, the ROA has fluctuated between negative figures and positive figures, indicating inconsistent performance in generating profits relative to its total assets.
Overall, the ROA trend suggests that TTM Technologies Inc has experienced challenges in efficiently utilizing its assets to generate profits consistently. The company may need to focus on improving operational efficiency or strategic decision-making to enhance its ROA and drive long-term profitability.
Peer comparison
Dec 31, 2024