TTM Technologies, Inc.
NASDAQ•TTMI
CEO: Mr. Thomas T. Edman
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 2000-09-25
TTM Technologies, Inc., together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs. It also provides advanced ceramic RF components including standard and etched thick-film ceramic substrates; and hi-reliability multi-chip modules. In addition, the company offers radar systems including maritime surveillance and weather avoidance radar systems, surveillance products, communication systems, RF assembly and test services, and passive RF components. Further, the company provides custom designed application specific integrated circuits, high density interconnect, IC substrates, flexible and rigid flex PCBs, and custom assemblies including backplane and mid-plane assemblies, flexible and rigid-flex assemblies, and RF assemblies, as well as conventional PCBs, such as single-sided, double-sided, and multi-layer boards. Additionally, it offers quick turnaround services, which includes prototype production and ramp-to-volume production, and thermal management. The company serves original equipment manufacturers and electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation, as well as networking applications. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.
Contact Information
Market Cap
$10.09B
P/E (TTM)
56.8
21.9
Dividend Yield
--
52W High
$113.46
52W Low
$15.77
52W Range
Rank56Top 81.7%
2.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$774.32M+0.00%
4-Quarter Trend
EPS
$0.49+0.00%
4-Quarter Trend
FCF
-$6.46M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Strong Net Sales Growth Net sales reached $2.91B USD, marking a 19.0% increase driven by A&D and Commercial segment strength.
Operating Margin Expansion Gross margin improved to 20.7% and operating margin hit 9.1% due to higher sales volume and execution.
Profitability Rebounds Net income was $177.4 M USD in 2025, reversing prior year's net loss of $18.7 M USD.
Commercial Segment Surge Commercial sales grew 24.3% to $1.59B USD, primarily fueled by strong generative AI data center demand.
Risk Factors
Global Economic Uncertainty Global economic volatility may reduce customer demand, increase financing costs, and pressure product pricing negatively.
Customer Concentration Risk Top two OEM customers accounted for 23% of 2025 net sales, increasing exposure to single customer loss.
Cybersecurity Disruption Threat Reliance on IT systems makes operations vulnerable to viruses, breaches, or ransomware, causing potential financial exposure.
Foreign Operations Exposure Manufacturing in Asia subjects operations to geopolitical tensions, trade restrictions, and fluctuating foreign currency rates.
Outlook
Syracuse Facility Volume New advanced technology PCB facility in Syracuse, NY, expects volume production commencement in second half of 2026.
Capital Expenditure Plans Total 2026 capital expenditures are projected to be in the range of $240.0 M to $260.0 M USD.
Strategic Diversification Focus Strategy emphasizes strengthening leadership in current markets and pursuing strategic M&A for diversification efforts.
Share Repurchase Authorization Board authorized new $100.0 M share repurchase program running through May 7, 2027, for capital return.
Peer Comparison
Revenue (TTM)
$30.85B
$9.31B
$3.71B
Gross Margin (Latest Quarter)
73.4%
66.7%
65.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TTMI | $10.09B | 56.8 | 10.6% | 29.1% |
| LFUS | $8.44B | -116.8 | -2.8% | 23.9% |
| CGNX | $8.31B | 73.2 | 7.7% | 3.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.1%
Steady Growth
4Q Net Income CAGR
16.4%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Apr 28, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data