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TTM Technologies TTMI MY — Tax Rate

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Other financials

Income statement

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Revenue$1.0B+37.4%
Gross profit$211.9M+43.0%
Operating income$109.1M+76.6%
Net income$83.0M+100.0%
EPS (diluted)$0.77+92.5%

Balance sheet

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Cash & equivalents$507.9M+13.4%
Total debt$1.1B+7.4%
Total equity$1.9B+18.2%
Total assets$4.4B+23.4%

Cash flow

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Operating cash flow$96.4M-1.4%
CapEx$62.4M+3.2%
Free cash flow-$85.1M-15.0%

Valuation

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Market cap$13.7B+197%
Enterprise value$14.3B+176%
P/E57.9×+8.4×
P/S4.1×+2.3×

Profitability

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Gross margin21.2%+1.0pp
Operating margin9.9%+3.4pp
Net margin7%+3.5pp
FCF margin-0.7%

Returns & leverage

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Return on equity13.3%+7.4pp
Debt / equity0.6×-0.1×
Current ratio1.8×-0.2×

Where this comes from

Reported directly by TTM Technologies in its filing.

Tagged under the XBRL concept ttmi:TaxRate.

The source filing: TTM Technologies’s 10-K, filed February 17, 2026.

Filed
Feb 16, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-051976

The Company operates under a tax incentive approved by MIDA, which provides for a 0% tax rate for three consecutive five-year periods (totaling 15 years), subject to the satisfaction of specific operational requirements. For the year ended December 29, 2025, the Company concluded that it did not meet certain conditions required to maintain the incentive and recorded tax at the statutory tax rate of 24%. The Company is currently in the process of applying to MIDA for a revision of incentive criteria; however, there is no assurance that such revision will be approved.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is TTM Technologies's MY — tax rate?
TTM Technologies (TTMI) reported MY — tax rate of 24% in Q4 2025.
What does MY — tax rate mean?
This represents the effective income tax rate applied to the earnings generated within the specific geographic or operational segment. It reflects the impact of local tax laws, incentives, and jurisdictional tax planning strategies on the segment's bottom line. Investors use this to evaluate the tax efficiency of the segment's operations compared to the company's overall corporate tax rate.

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