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TTM Technologies TTMI Commercial — Depreciation

Other segment segments

Aerospace And Defense
$9.44M—

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Other financials

Income statement

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Revenue$846.0M+30.4%
Gross profit$181.2M+38.3%
Operating income$72.4M+44.1%
Net income$50.0M+55.3%
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+68.7%
Free cash flow-$85.1M-15.0%

Valuation

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Market cap$14.16B+227%
Enterprise value$14.8B+201%
P/E72.5×+26.0×
P/S4.6×+2.9×

Profitability

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Gross margin21%+1.0pp
Operating margin9.2%+3.3pp
Net margin6.3%+3.2pp
FCF margin-0.7%—

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

Reported directly by TTM Technologies in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 commercial — depreciation?
TTM Technologies (TTMI) reported commercial — depreciation of $18.15M in Q1 2026.
How has TTM Technologies's commercial — depreciation changed year-over-year?
TTM Technologies's commercial — depreciation increased by 14.1% year-over-year, from $15.9M to $18.15M.
What is the long-term trend for TTM Technologies's commercial — depreciation?
Over 2 years (2023 to 2025), TTM Technologies's commercial — depreciation has grown at a 18.9% compound annual growth rate (CAGR), from $48.37M to $68.42M.
What does commercial — depreciation mean?
This represents the systematic allocation of the cost of tangible assets used by the commercial segment over their useful lives. It reflects the wear and tear or obsolescence of machinery and equipment essential to the segment's production capabilities. Monitoring this provides insight into the capital intensity and asset age of the segment.