OverviewSuggest Edit

TTM Technologies is a manufacturer of printed circuit board (PCB) products and radio-frequency (RF) and microwave components and assemblies. The company offers a wide range of PCB products, RF components, and electro-mechanical solutions, including conventional and flexible PCBs, RF and microwave circuits, custom assemblies and system integration, IC substrates, hi-reliability multi-chip modules, and beamforming and switching networks. The company also provides value-added services, such as design-for-manufacturability (DFM), PCB layout design, simulation and testing services, and quick turnaround production. TTM serves original equipment manufacturers and electronic manufacturing services providers in various markets, including aerospace and defense, automotive components, smartphones, and touchscreen tablets, high-end computing, medical, industrial and instrumentation related products, as well as communications infrastructure products.

TypePublic
Founded1998
HQSanta Ana, US
Websitettmtech.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2018)27,000(-6%)
Job Openings268
Revenue (FY, 2018)$2.8 B(+8%)
Share Price (Jan 2020)$15.2 (+3%)

Key People/Management at TTM Technologies

Thomas T. Edman

Thomas T. Edman

President and Chief Executive Officer
Brian Barber

Brian Barber

Advisor to CEO
Canice T. K. Chung

Canice T. K. Chung

Executive Vice President Business Development, Asia Pacific
Catherine Gridley

Catherine Gridley

Senior Vice President and President Aerospace & Defense Business Unit
Kent Hardwick

Kent Hardwick

Senior Vice President Global Sales and EMS
Dale Knecht

Dale Knecht

Senior Vice President Global Information Technology
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TTM Technologies Office Locations

TTM Technologies has offices in Santa Ana, Anaheim, Chippewa Falls, East Syracuse and in 23 other locations
Santa Ana, US (HQ)
200 Sandpointe Ave #400
Anaheim, US
3140 E Coronado St
Chippewa Falls, US
234 Cashman Dr
East Syracuse, US
5823 Widewaters Pkwy #1
East Syracuse, US
6635 Kirkville Rd
Forest Grove, US
1521 Poplar Ln
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TTM Technologies Financials and Metrics

TTM Technologies Revenue

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TTM Technologies's revenue was reported to be $2.85 b in FY, 2018 which is a 7.1% increase from the previous period.
USD

Revenue (Q3, 2019)

716.8m

Gross profit (Q3, 2019)

103.8m

Gross profit margin (Q3, 2019), %

14.5%

Net income (Q3, 2019)

15.9m

EBIT (Q3, 2019)

36.4m

Market capitalization (13-Jan-2020)

1.6b

Closing stock price (13-Jan-2020)

15.2

Cash (30-Sept-2019)

316.6m

EV

2.7b
TTM Technologies's current market capitalization is $1.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

2.5b2.7b2.8b

Revenue growth, %

21%5%7%

Cost of goods sold

2.1b2.2b2.4b

Gross profit

423.6m429.6m457.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

625.2m627.2m666.8m663.6m1.4b755.8m620.2m633.0m716.8m

Cost of goods sold

520.2m531.3m570.0m574.9m1.2b626.3m531.5m548.4m613.0m

Gross profit

105.0m95.9m96.8m88.7m204.8m129.6m88.7m84.6m103.8m

Gross profit Margin, %

17%15%15%13%15%17%14%13%14%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

256.3m409.3m256.4m

Accounts Receivable

432.8m483.9m523.2m

Prepaid Expenses

54.6m33.5m30.3m

Inventories

269.2m294.6m109.4m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

35.6m124.7m173.6m

Depreciation and Amortization

174.4m150.8m162.7m

Inventories

(289.0k)(25.4m)18.3m

Accounts Payable

(7.8m)54.6m(45.7m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

33.1m53.9m75.4m10.1m94.1m121.1m(3.3m)172.0k16.0m

Depreciation and Amortization

36.1m72.2m109.7m39.8m80.1m121.2m41.6m82.8m124.6m

Inventories

(5.9m)(13.3m)(26.1m)(11.1m)5.7m5.4m(5.4m)(12.8m)(16.9m)

Accounts Payable

(9.5m)10.5m37.9m8.7m(33.8m)(25.6m)(6.0m)(10.7m)21.4m
USDY, 2019

EV/EBIT

75.2 x

EV/CFO

15 x

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

2.8 x
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TTM Technologies Operating Metrics

TTM Technologies's Backlog was reported to be $458.4m in FY, 2018. TTM Technologies's Customers was reported to be 1.7 k in Q3, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Backlog

$405.30 m$481.90 m$458.40 m

Countries

65 65 65

Customers

1.50 k1.50 k1.50 k1.70 k2 k2 k2.20 k2.20 k2.20 k1.60 k1.60 k1.70 k

Facilities

25 25 29
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TTM Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
AnarenDecember 04, 2017$775 m
Viasystems Group, Inc.September 22, 2014$368 m
Tyco Printed Circuit GroupAugust 03, 2006$226 m
Anaren Ceramics, Inc.
Anaren Communication (Suzhou) Co. Ltd.
Anaren GP, Inc.
Anaren Holding Corp.
Anaren, Inc.
Anaren Microwave, Inc.
Asia Rich Enterprises Limited
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TTM Technologies Revenue Breakdown

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TTM Technologies revenue breakdown by business segment: 92.1% from PCB and 7.9% from E-M Solutions

TTM Technologies revenue breakdown by geographic segment: 19.3% from China, 44.3% from United States and 36.4% from Other

TTM Technologies Online and Social Media Presence

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TTM Technologies News and Updates

TTM Technologies, Inc. Announces Acquisition of Assets from i3 Electronics, Inc.

Acquisition strengthens advanced technology PCB capabilities for emerging applications in the aerospace and defense end market and high end commercial customers Acquisition strengthens advanced technology PCB capabilities for emerging applications in the aerospace and defense end market and high end…

TTM Technologies Purchases Two Nano Dimension Additive Manufacturing Systems, Expanding Total to Three Printers

Increasing its investment in the DragonFly Pro reflects TTM’s continued confidence in the benefits of additive manufacturing for electronics Increasing its investment in the DragonFly Pro reflects TTM’s continued confidence in the benefits of additive manufacturing for electronics

TTM Technologies, Inc. Announces Sale of Viasource to Linkage Technologies, Inc.

COSTA MESA, Calif. and LAS VEGAS, March 04, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components manufacturer, and Linkage Technologies, Inc. (“Linkage”), a Nevada company, today announced the sale of TT…

PCB Board Market to See Major Growth in Future | TTM Technologies, Daeduck, Sumitomo Denko, Tripod, Nippon Mektron

Stay up-to-date with PCB Board market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

TTM Technologies, Inc. Production Site in Guangzhou, China was Recognized as a Green Factory

COSTA MESA, Calif., Dec. 17, 2018 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components manufacturer, today announced that its largest manufacturing facility located in Science Park, Guangzhou, China, part of …

TTM Technologies, Inc.to Exhibit at International Printed Circuit & APEX South China Fair in Shenzhen, China

COSTA MESA, Calif., Dec. 05, 2018 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq:TTMI), a leading global printed circuit board (PCB) and radio frequency (“RF”) components manufacturer, will be exhibiting at the annual International Printed Circuit & APEX South China Fair (2018 HKPCA & …
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TTM Technologies Blogs

TTM Technologies, Inc. Announces Opening of Engineering Center in Binghamton, NY

TTM Technologies strengthens its advanced technology capabilities for emerging applications in the aerospace and defense and high end commercial markets SANTA ANA, Calif. , Dec. 09, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq:TTMI), a leading global printed circuit board (“PCB”)

TTM Technologies, Inc. to exhibit at the International Electronics Circuit Exhibition (Shenzhen) in Shenzhen, China

SANTA ANA, Calif. , Dec. 02, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (Nasdaq:TTMI), a leading global printed circuit board (“PCB”) products, radio frequency (“RF”) components and engineered solutions manufacturer, announced today that it will participate in the International Electronics

TTM Technologies, Inc. Reports Fiscal Third Quarter 2019 Results

SANTA ANA, Calif. , Oct. 30, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components manufacturer, today reported results for the third quarter of fiscal 2019, which ended on September 30, 2019 .

TTM Technologies, Inc. To Exhibit Its Leading PCB and RF Automotive Technology Solutions at the Electric & Hybrid Vehicle Technology Expo in Novi, Michigan

TTM Technologies, Inc. To Exhibit Its Leading PCB and RF Automotive Technology Solutions at the Electric & Hybrid Vehicle Technology Expo in Novi, Michigan Content Import Thu, 08/22/2019 - 16:06 TTM Technologies, Inc. To Exhibit Its Leading PCB and RF Automotive Technology Solutions at…

TTM Technologies, Inc. Announces Executive Transition

TTM Technologies, Inc. Announces Executive Transition Content Import Sun, 08/18/2019 - 21:00 TTM Technologies, Inc. Announces Executive Transition August 18, 2019 at 9:00 PM EDT This release is a backfill from a News Wire General SANT…

TTM Technologies, Inc. Reports Fiscal Second Quarter 2019 Results

SANTA ANA, Calif. , July 31, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components manufacturer, today reported results for the second quarter of fiscal 2019, which ended on July 1, 2019 .
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TTM Technologies Frequently Asked Questions

  • When was TTM Technologies founded?

    TTM Technologies was founded in 1998.

  • Who are TTM Technologies key executives?

    TTM Technologies's key executives are Thomas T. Edman, Brian Barber and Canice T. K. Chung.

  • How many employees does TTM Technologies have?

    TTM Technologies has 27,000 employees.

  • What is TTM Technologies revenue?

    Latest TTM Technologies annual revenue is $2.8 b.

  • What is TTM Technologies revenue per employee?

    Latest TTM Technologies revenue per employee is $105.5 k.

  • Who are TTM Technologies competitors?

    Competitors of TTM Technologies include Jabil, Cobham and Amphenol.

  • Where is TTM Technologies headquarters?

    TTM Technologies headquarters is located at 200 Sandpointe Ave #400, Santa Ana.

  • Where are TTM Technologies offices?

    TTM Technologies has offices in Santa Ana, Anaheim, Chippewa Falls, East Syracuse and in 23 other locations.

  • How many offices does TTM Technologies have?

    TTM Technologies has 32 offices.