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TTM Technologies TTMI Operating margin

Operating margin at other companies

Advanced Micro Devices logo
Advanced Micro DevicesAMD
11.7%+2.0pp
Curtiss-Wright logo
Curtiss-WrightCW
18.4%+1.0pp
Microchip Technology logo
Microchip TechnologyMCHP
10.4%
Celestica logo
CelesticaCLS
8.6%+2.6pp
Amkor Technology logo
Amkor TechnologyAMKR
7.6%+1.3pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
19%+1.5pp

Other financials

Income statement

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Revenue$846.0M+30.4%
Gross profit$181.2M+38.3%
Operating income$72.4M+44.2%
Net income$50.0M+55.4%
EPS (diluted)$0.47+51.6%

Balance sheet

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Cash & equivalents$410.0M-0.3%
Total debt$1.0B+2.9%
Total equity$1.8B+15.8%
Total assets$4.0B+15.2%

Cash flow

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Operating cash flow$21.7M+304%
CapEx$106.8M+68.8%
Free cash flow-$85.1M-15.0%

Valuation

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Market cap$21.05B+385%
Enterprise value$21.69B+299%
P/E107.8×+52.2×
P/S6.8×+5.1×

Profitability

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Gross margin21%+1.0pp
Net margin6.3%+3.2pp

Returns & leverage

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Return on equity11.4%+6.4pp
Debt / equity0.6×-0.1×
Current ratio1.9×-0.2×

Where this comes from

Calculated from TTM Technologies’s reported figures.

Based on trailing twelve months.

The official record: TTM Technologies’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TTM Technologies's operating margin?
TTM Technologies (TTMI) reported operating margin of 9.2% in Q1 2026.
How has TTM Technologies's operating margin changed year-over-year?
TTM Technologies's operating margin increased by 56.2% year-over-year, from 5.9% to 9.2%.
What is the long-term trend for TTM Technologies's operating margin?
Over 4 years (2021 to 2025), TTM Technologies's operating margin has grown at a 17.3% compound annual growth rate (CAGR), from 15% to 28.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.