TTM Technologies TTMI MY — Global Minimum Tax Rate

Similar metrics at other companies

SNEXPillar 2 minimum tax

0.8%—

BAXEffective Income Tax Rate Reconciliation, Pillar Two Tax Expense, Amount

-$2.75M—

ALKSEuropean Union — Corporate Minimum Tax Rate

15%—

GRMNOther Jurisdictions — Effective Income Tax Rate Reconciliation Other Foreign Jurisdictions Percent

0.2%0.0pp

GRMNTW — Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential

0.4%-0.1pp

LSCCBM — Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential

-0.7%—

Questions, answered.

What is TTM Technologies's MY — global minimum tax rate?

TTM Technologies (TTMI) reported MY — global minimum tax rate of 15% in Q4 2024.

What does MY — global minimum tax rate mean?

The baseline tax rate applied to this segment to comply with international minimum tax standards.

How do you interpret MY — global minimum tax rate?

An increase indicates the segment is being brought up to the global minimum threshold, potentially reducing net margins in low-tax jurisdictions.

How does MY — global minimum tax rate compare across companies?

Increasingly common for multinational corporations; peers are currently adjusting their financial reporting to account for these global regulatory shifts.