TTM Technologies market cap is $1.6 b, and annual revenue was $2.11 b in FY 2020

TTM Technologies Gross profit (FY, 2020)359 M

TTM Technologies Gross profit margin (FY, 2020), %17.1%

TTM Technologies Net income (FY, 2020)177.5 M

TTM Technologies EBIT (FY, 2020)28.1 M

TTM Technologies Cash, 28-Dec-2020451.6 M

TTM Technologies EV2 B

TTM Technologies revenue was $2.11 b in FY, 2020

TTM Technologies revenue breakdown by business segment: 91.6% from Printed Circuit Board and 8.4% from Electro-Mechanical Solutions

TTM Technologies revenue breakdown by geographic segment: 20.5% from China, 51.9% from United States and 27.6% from Other

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Revenue | 2.7b | 2.8b | 2.7b | 2.1b |

| 5% | 7% | (6%) | |

## Cost of goods sold | 2.2b | 2.4b | 2.3b | 1.7b |

## Gross profit | 429.6m | 457.0m | 401.7m | 359.0m |

| 16% | 16% | 15% | 17% |

## Sales and marketing expense | 65.9m | 73.3m | 74.0m | 63.9m |

## R&D expense | 19.8m | |||

## General and administrative expense | 126.1m | 159.4m | 152.1m | 122.5m |

## Operating expense total | 216.8m | 297.9m | 281.6m | 330.9m |

## Depreciation and amortization | 23.6m | 59.7m | 48.5m | 38.8m |

## EBIT | 212.8m | 159.1m | 120.1m | 28.1m |

| 8% | 6% | 4% | 1% |

## Interest expense | 53.9m | 79.0m | 83.2m | |

## Pre tax profit | 140.0m | 89.8m | 46.2m | (46.3m) |

## Income tax expense | 15.2m | (83.8m) | 4.9m | (29.9m) |

## Net Income | 124.7m | 173.6m | 41.3m | 177.5m |

## EPS | 1.0 | 1.4 | 0.4 |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 663.6m | 716.9m | 755.8m | 620.2m | 633.0m | 716.8m | 497.6m | 570.3m | 513.6m |

## Cost of goods sold | 574.9m | 600.7m | 626.3m | 531.5m | 548.4m | 613.0m | 416.3m | 469.9m | 424.3m |

## Gross profit | 88.7m | 116.1m | 129.6m | 88.7m | 84.6m | 103.8m | 81.3m | 100.4m | 89.3m |

| 13% | 16% | 17% | 14% | 13% | 14% | 16% | 18% | 17% |

## Sales and marketing expense | 17.6m | 18.6m | 18.5m | 18.9m | 17.9m | 18.4m | 16.2m | 16.0m | 15.9m |

## R&D expense | 4.8m | 5.2m | 5.2m | ||||||

## General and administrative expense | 35.2m | 46.3m | 39.9m | 35.5m | 38.6m | 38.9m | 34.7m | 46.7m | 29.1m |

## Operating expense total | 58.7m | 84.4m | 75.0m | 71.2m | 67.8m | 67.5m | 65.2m | 77.4m | 129.5m |

## Depreciation and amortization | 5.9m | 19.5m | 16.6m | 16.8m | 11.3m | 10.2m | 9.6m | 9.6m | |

## EBIT | 30.0m | 31.7m | 54.6m | 17.5m | 16.8m | 36.4m | 16.2m | 23.0m | (40.3m) |

| 5% | 4% | 7% | 3% | 3% | 5% | 3% | 4% | (8%) |

## Interest expense | 13.7m | 20.5m | 22.2m | 21.7m | 20.9m | 20.6m | 19.8m | 18.6m | 20.2m |

## Pre tax profit | 15.1m | 17.5m | 34.5m | (4.7m) | 594.0k | 23.9m | (1.1m) | 4.9m | (62.8m) |

## Income tax expense | 5.1m | (66.5m) | 7.5m | (1.5m) | (2.8m) | 8.0m | 2.1m | (4.5m) | (1.3m) |

## Net Income | 10.1m | 84.0m | 27.0m | (3.3m) | 3.4m | 15.9m | (1.2m) | 192.8m | (41.5m) |

## EPS | 0.1 | 0.7 | 0.2 | 0.0 | 0.0 | 0.1 | 0.0 | 1.8 |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Cash | 409.3m | 256.4m | 400.2m | 451.6m |

## Accounts Receivable | 483.9m | 523.2m | 503.7m | 381.1m |

## Prepaid Expenses | 27.2m | |||

## Inventories | 294.6m | 109.4m | 122.0m | 115.7m |

## Current Assets | 1.2b | 1.2b | 1.3b | 1.2b |

## PP&E | 1.1b | 1.1b | 1.0b | 650.4m |

## Goodwill | 372.6m | 767.0m | 774.8m | 637.3m |

## Total Assets | 2.8b | 3.5b | 3.6b | 2.9b |

## Accounts Payable | 439.0m | 431.3m | 483.6m | 327.1m |

## Short-term debt | 4.6m | 30.0m | 250.0m | |

## Current Liabilities | 720.4m | 673.2m | 946.7m | 518.0m |

## Long-term debt | 975.5m | 1.5b | 1.2b | 860.1m |

## Non-Current Liabilities | 1.1b | 1.6b | 1.3b | 933.9m |

## Total Debt | 980.1m | 1.5b | 1.5b | 860.1m |

## Common Stock | 102.0k | 104.0k | 106.0k | 107.0k |

## Additional Paid-in Capital | 777.0m | 797.9m | 814.7m | 831.0m |

## Retained Earnings | 193.3m | 433.0m | 474.3m | 651.8m |

## Total Equity | 1.0b | 1.2b | 1.3b | 1.4b |

## Debt to Equity Ratio | 1 x | 1.2 x | 1.2 x | |

## Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x | |

## Financial Leverage | 2.8 x | 2.8 x | 2.8 x | 2 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Net Income | 124.7m | 173.6m | 41.3m | 177.5m |

## Depreciation and Amortization | 174.4m | 225.7m | 219.9m | |

## Accounts Receivable | (51.1m) | 1.4m | 19.5m | 122.5m |

## Inventories | (25.4m) | 18.3m | (12.6m) | 1.4m |

## Accounts Payable | 54.6m | (45.7m) | 42.0m | 1.2m |

## Cash From Operating Activities | 332.8m | 273.1m | 311.9m | 287.2m |

## Purchases of PP&E | (151.3m) | (150.1m) | (142.6m) | (103.3m) |

## Cash From Investing Activities | (124.1m) | (746.2m) | (136.0m) | 404.3m |

## Long-term Borrowings | (763.9m) | (293.0m) | (30.0m) | (650.0m) |

## Cash From Financing Activities | (59.0m) | 321.1m | (31.8m) | (642.3m) |

## Net Change in Cash | 153.0m | (153.0m) | 143.8m | 51.4m |

## Interest Paid | 39.1m | 63.0m | 71.3m | 59.2m |

## Income Taxes Paid | 20.1m | 27.6m | 20.1m | 18.1m |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 10.1m | 94.1m | 121.1m | (3.3m) | 172.0k | 16.0m | (1.2m) | 191.6m | 138.6m |

## Depreciation and Amortization | 45.6m | 105.4m | 165.3m | 59.6m | 113.3m | 166.4m | 54.3m | 71.5m | 97.2m |

## Accounts Receivable | (12.8m) | (17.1m) | (44.7m) | 6.3m | 40.4m | (6.8m) | 45.0m | 89.3m | 128.7m |

## Inventories | (11.1m) | 5.7m | 5.4m | (5.4m) | (12.8m) | (16.9m) | (7.6m) | (6.5m) | (10.6m) |

## Accounts Payable | 8.7m | (33.8m) | (25.6m) | (6.0m) | (10.7m) | 21.4m | (52.8m) | 24.2m | 15.9m |

## Cash From Operating Activities | (14.3m) | 41.4m | 121.4m | 36.9m | 123.0m | 181.8m | 27.9m | 146.9m | 231.7m |

## Purchases of PP&E | (42.2m) | (81.3m) | (116.4m) | (33.5m) | (69.1m) | (95.4m) | (32.5m) | (54.9m) | (84.0m) |

## Cash From Investing Activities | (42.1m) | (677.5m) | (712.5m) | (28.4m) | (63.2m) | (89.0m) | 2.9m | 147.9m | 423.0m |

## Long-term Borrowings | (875.0k) | (182.3m) | (223.0m) | (30.0m) | (30.0m) | (30.0m) | (400.0m) | ||

## Cash From Financing Activities | (875.0k) | 431.7m | 391.1m | (30.0m) | (31.5m) | (31.6m) | (392.5m) | ||

## Net Change in Cash | (56.7m) | (205.2m) | (201.4m) | (21.1m) | 28.1m | 60.2m | 30.3m | 294.5m | 263.1m |

## Interest Paid | 52.1m | 25.8m | 39.7m | 58.3m | 10.5m | 32.8m | 40.5m | ||

## Income Taxes Paid | 23.6m | 9.6m | 13.1m | 12.4m | 4.4m | 11.7m | 15.9m |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 93.7k |

## Debt/Equity | 1 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 2.8 x |

TTM Technologies's Backlog was reported to be $511.2m in FY, 2019. TTM Technologies's Customers was reported to be 1.2 k in Q2, 2020.