TTM Technologies Inc (TTMI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 56,299 | -18,718 | 94,583 | 54,414 | -16,386 |
| Total stockholders’ equity | US$ in thousands | 1,563,820 | 1,511,040 | 1,535,580 | 1,455,420 | 1,444,010 |
| ROE | 3.60% | -1.24% | 6.16% | 3.74% | -1.13% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $56,299K ÷ $1,563,820K
= 3.60%
TTM Technologies Inc's return on equity (ROE) has demonstrated fluctuations over the years. In 2020, the company's ROE was negative at -1.13%, indicating that the company suffered a loss in generating profits relative to its equity. However, by the end of 2021, the ROE improved to 3.74%, reflecting a modest return on the shareholders' equity. This upward trend continued into 2022, with the ROE rising to 6.16%, showing a more favorable return compared to the previous year.
In 2023, the company experienced a decline in its ROE to -1.24%, returning to negative territory, suggesting a decrease in profitability relative to the shareholders' equity. Nevertheless, by the end of 2024, TTM Technologies Inc managed to improve its ROE to 3.60%, indicating a better performance compared to the previous year.
Overall, the trend in TTM Technologies Inc's ROE shows fluctuations, with periods of both positive and negative returns on equity. It is essential for stakeholders to monitor these changes closely to assess the company's ability to generate profits relative to the shareholders' investment.
Peer comparison
Dec 31, 2024