TTM Technologies, Inc. (TTMI) Key Metrics
TTMI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $9.89B
- Enterprise value
- $14.02B
- P/E (TTM)
- 42.5 10-yr median 29.6
- Forward P/E
- 5.6
- PEG ratio
- 0.36
- Price / sales
- 2.9 10-yr median 0.7
- Price / book
- 6.9 10-yr median 1.2
- EV / EBITDA
- 30.4 10-yr median 8.2
- Dividend yield
- —
- Beta
- 2.14
TTMI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTTMI valuation Price multiples at each fiscal year-end price.
TTMI returns How much profit the business earns on the capital it uses.
TTMI per-share figures Results divided by the shares outstanding at year-end.
TTMI financial health Debt, liquidity and how easily interest is covered.
TTMI efficiency & capital use Working capital cycle and where the cash goes.
TTMI valuation history
TTMI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TTMI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TTMI cash returned to shareholders
TTMI price vs earnings per share
TTMI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.28B | $2.57B | $1.62B | $1.57B | $1.61B | $1.47B | $1.60B | $1.30B | $2.08B | $1.38B |
| Enterprise value | $7.89B | $3.08B | $2.19B | $2.13B | $2.04B | $1.86B | $2.69B | $2.54B | $2.65B | $2.15B |
| P/E ratio | 41.0 | 45.6 | — | 16.6 | 29.6 | 8.3 | 38.7 | 7.5 | 16.7 | 39.7 |
| Price / sales | 2.5 | 1.1 | 0.7 | 0.6 | 0.7 | 0.7 | 0.8 | 0.6 | 0.8 | 0.5 |
| Price / book | 4.1 | 1.6 | 1.1 | 1.0 | 1.1 | 1.0 | 1.3 | 1.1 | 2.1 | 1.7 |
| Price / free cash flow | — | 50.2 | 60.1 | 9.2 | 17.0 | 8.0 | 9.4 | 10.6 | 11.4 | 6.5 |
| Price / operating cash flow | 24.9 | 10.8 | 8.7 | 5.7 | 9.1 | 5.1 | 5.1 | 4.8 | 6.2 | 4.6 |
| EV / sales | 2.7 | 1.3 | 1.0 | 0.9 | 0.9 | 0.9 | 1.3 | 1.1 | 1.0 | 0.8 |
| EV / EBITDA | 19.6 | 10.9 | 10.5 | 5.9 | 8.4 | 9.7 | 8.0 | 7.3 | 7.2 | 6.6 |
| EV / free cash flow | — | 60.2 | 81.1 | 12.5 | 21.5 | 10.1 | 15.9 | 20.7 | 14.6 | 10.1 |
| Earnings yield | 2.4% | 2.2% | −1.2% | 6.0% | 3.4% | 12.1% | 2.6% | 13.3% | 6.0% | 2.5% |
| Free cash flow yield | −0.0% | 2.0% | 1.7% | 10.9% | 5.9% | 12.5% | 10.6% | 9.4% | 8.7% | 15.4% |
| Dividend yield | — | — | 0.0% | — | 0.1% | — | — | — | — | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.2% | 1.3% | 1.5% | 2.3% | 4.2% | 4.4% | — | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $69.00 | $24.75 | $15.81 | $15.08 | $14.90 | $13.79 | $15.05 | $9.73 | $15.67 | $13.63 |
| Per share | ||||||||||
| Revenue per share | $27.56 | $23.53 | $21.73 | $24.02 | $20.79 | $19.79 | $20.06 | $16.70 | $20.07 | $24.96 |
| Earnings per share | $1.68 | $0.54 | −$0.18 | $0.91 | $0.50 | $1.67 | $0.39 | $1.30 | $0.94 | $0.34 |
| Operating cash flow per share | $2.77 | $2.28 | $1.82 | $2.63 | $1.63 | $2.70 | $2.93 | $2.04 | $2.51 | $2.94 |
| Free cash flow per share | −$0.01 | $0.49 | $0.26 | $1.64 | $0.88 | $1.73 | $1.59 | $0.92 | $1.37 | $2.10 |
| Cash per share | $4.75 | $4.85 | $4.38 | $3.88 | $4.97 | $4.25 | $3.76 | $1.91 | $3.09 | $2.53 |
| Book value per share | $16.71 | $15.06 | $14.71 | $14.78 | $13.46 | $13.58 | $12.03 | $9.15 | $7.63 | $8.17 |
| Tangible book value per share | $8.89 | $6.76 | $5.56 | $4.69 | $5.35 | $4.94 | $1.62 | $0.63 | $4.04 | $3.25 |
| Dividends per share | — | — | $0.01 | — | $0.02 | — | — | — | — | $0.00 |
| Capex per share | $2.77 | $1.79 | $1.56 | $0.99 | $0.76 | $0.97 | $1.34 | $1.12 | $1.14 | $0.84 |
| Debt per share | $10.59 | $9.78 | $9.93 | $9.27 | $8.92 | $7.96 | $14.04 | $11.13 | $7.40 | $10.05 |
| Shares outstanding | 105.5M | 103.8M | 102.7M | 103.9M | 108.2M | 106.4M | 106.3M | 134.0M | 132.5M | 101.5M |
| Change in shares outstanding | +1.6% | +1.1% | −1.1% | −4.0% | +1.7% | +0.0% | −20.7% | +1.2% | +30.5% | +9.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 10.7% | 3.7% | −1.2% | 6.3% | 3.8% | 13.0% | 3.3% | 15.5% | 13.5% | 4.2% |
| Return on invested capital (ROIC) | 9.9% | 3.7% | 1.0% | 5.5% | 5.3% | 1.1% | 4.2% | 5.9% | 11.9% | 5.5% |
| Return on assets (ROA) | 4.9% | 1.7% | −0.6% | 3.0% | 1.8% | 5.5% | 1.2% | 5.6% | 4.7% | 1.3% |
| Return on tangible assets | 5.9% | 2.2% | −0.8% | 4.2% | 2.5% | 9.0% | 1.7% | 7.5% | 5.4% | 1.7% |
| Free cash flow margin | −0.0% | 2.1% | 1.2% | 6.8% | 4.2% | 8.7% | 7.9% | 5.5% | 6.8% | 8.4% |
| Income quality (OCF / net income) | 1.64 | 4.21 | — | 2.89 | 3.25 | 1.62 | 7.55 | 1.57 | 2.68 | 8.56 |
| Financial health | ||||||||||
| Total debt | $1.12B | $1.02B | $1.02B | $962.6M | $964.4M | $847.1M | $1.49B | $1.49B | $980.1M | $1.02B |
| Cash & short-term investments | $501.2M | $503.9M | $450.2M | $402.7M | $537.7M | $451.6M | $400.2M | $256.4M | $409.3M | $256.3M |
| Net debt | $615.8M | $511.3M | $569.6M | $559.9M | $426.8M | $395.5M | $1.09B | $1.24B | $570.7M | $763.4M |
| Debt / equity | 0.63 | 0.65 | 0.67 | 0.63 | 0.66 | 0.59 | 1.17 | 1.22 | 0.97 | 1.23 |
| Debt / assets | 0.29 | 0.29 | 0.31 | 0.29 | 0.32 | 0.29 | 0.42 | 0.43 | 0.35 | 0.41 |
| Net debt / EBITDA | 1.53 | 1.82 | 2.72 | 1.55 | 1.76 | 2.05 | 3.25 | 3.54 | 1.55 | 2.36 |
| Current ratio | 1.93 | 1.99 | 2.03 | 1.96 | 2.52 | 2.36 | 1.42 | 1.79 | 1.70 | 1.47 |
| Quick ratio | 1.67 | 1.71 | 1.73 | 1.74 | 2.29 | 2.13 | 1.29 | 1.63 | 1.29 | 1.08 |
| Interest coverage | 5.8 | 2.4 | 0.9 | 4.6 | 2.8 | 0.4 | 1.3 | 1.6 | 3.9 | 2.3 |
| Working capital | $893.2M | $797.7M | $725.7M | $731.7M | $849.3M | $703.5M | $396.0M | $533.7M | $501.0M | $323.8M |
| Invested capital | $2.38B | $2.08B | $2.08B | $2.10B | $1.88B | $1.84B | $2.37B | $2.46B | $1.58B | $1.59B |
| Tangible asset value | $937.2M | $701.9M | $571.6M | $487.1M | $578.2M | $525.4M | $172.2M | $84.1M | $535.9M | $329.9M |
| Net current asset value | −$222.7M | −$301.9M | −$382.9M | −$295.0M | −$162.7M | −$230.4M | −$939.2M | −$1.02B | −$549.2M | −$658.1M |
| Graham number | $25.15 | $13.56 | — | $17.40 | $12.34 | $22.58 | $10.25 | $16.33 | $12.69 | $7.95 |
| Graham net-net per share | −$6.43 | −$6.45 | −$7.02 | −$6.17 | −$4.02 | −$4.25 | −$11.78 | −$9.78 | −$6.42 | −$9.42 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $589,000 | — | $2.3M | — | — | — | — | $0 |
| Share buybacks (net) | $17.9M | $34.5M | $24.4M | $35.4M | $64.7M | $64.7M | — | $0 | $0 | $0 |
| Dividend payout ratio | — | — | — | — | 4.2% | — | — | — | — | 0.0% |
| Dividends + buybacks / free cash flow | — | 67.4% | 92.5% | 20.8% | 70.8% | 35.2% | — | 0.0% | 0.0% | 0.0% |
| Capex / revenue | 10.1% | 7.6% | 7.2% | 4.1% | 3.6% | 4.9% | 6.7% | 6.7% | 5.7% | 3.4% |
| Capex / operating cash flow | 100.2% | 78.4% | 85.6% | 37.7% | 46.4% | 36.0% | 45.7% | 55.0% | 45.5% | 28.5% |
| Capex / depreciation | 1.99 | 1.24 | 1.00 | 0.77 | 0.64 | 0.62 | 0.65 | 0.67 | 0.87 | 0.47 |
| Stock-based compensation / revenue | 1.4% | 1.2% | 1.0% | 0.8% | 0.8% | 0.8% | 0.8% | 0.9% | 0.7% | 0.4% |
| R&D / revenue | 1.0% | 1.3% | 1.2% | 1.0% | 0.8% | 0.9% | 0.8% | 0.6% | — | — |
| SG&A / revenue | 9.6% | 10.2% | 10.1% | 6.3% | 8.4% | 8.9% | 9.3% | 9.3% | 7.2% | 8.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 116.9 | 115.2 | 130.0 | 116.3 | 110.8 | 122.4 | 134.2 | 105.6 | 62.9 | 64.0 |
| Days of inventory on hand | 37.1 | 40.7 | 38.5 | 26.7 | 23.7 | 24.8 | 24.0 | 40.2 | 46.2 | 46.6 |
| Days payables outstanding | 74.1 | 68.8 | 69.9 | 64.8 | 67.0 | 68.7 | 79.1 | 86.6 | 66.4 | 64.8 |
| Cash conversion cycle (days) | 79.9 | 87.1 | 98.7 | 78.2 | 67.5 | 78.6 | 79.2 | 59.2 | 42.7 | 45.8 |
| Receivables turnover | 3.12 | 3.17 | 2.81 | 3.14 | 3.29 | 2.98 | 2.72 | 3.46 | 5.80 | 5.70 |
| Payables turnover | 4.92 | 5.31 | 5.22 | 5.63 | 5.45 | 5.32 | 4.61 | 4.22 | 5.50 | 5.63 |
| Inventory turnover | 9.84 | 8.97 | 9.48 | 13.66 | 15.43 | 14.70 | 15.18 | 9.09 | 7.91 | 7.84 |
| Asset turnover | 0.79 | 0.72 | 0.67 | 0.79 | 0.76 | 0.65 | 0.61 | 0.72 | 1.01 | 0.98 |
| Average receivables | $930.9M | $771.2M | $795.3M | $794.7M | $682.8M | $706.3M | $784.6M | $647.4M | $458.3M | $444.4M |
| Average payables | $474.9M | $370.4M | $348.2M | $361.6M | $344.3M | $328.5M | $380.6M | $435.1M | $405.3M | $374.4M |
| Average inventory | $237.5M | $219.0M | $191.9M | $149.1M | $121.6M | $118.8M | $115.7M | $202.0M | $281.9M | $269.1M |
| Intangibles / total assets | 21.5% | 24.8% | 28.3% | 31.5% | 29.0% | 31.7% | 31.1% | 33.1% | 17.1% | 20.0% |
Computed from TTMI's annual financial statements (latest annual report filed February 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TTMI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), TTM Technologies traded at 41.0 times earnings, against a 10-year median of 29.6. Based on the latest twelve months, the trailing P/E is 42.5 and the forward P/E is 5.6. TTM Technologies earned a return on equity of 10.7% and a return on invested capital of 9.9% in fiscal 2025. It ended the year with $1.1 billion of debt and $501.2 million in cash and short-term investments, net debt of $615.8 million. It returned $17.9 million to shareholders: $0 in dividends and $17.9 million in share buybacks. The share count rose 3.9% from 101.5M to 105.5M over 9 years.
See the TTMI income statement, the TTMI chart for price history, or the TTMI stock overview for the latest quote and news.
TTMI key metrics FAQ
What is TTM Technologies's P/E ratio?
TTM Technologies's trailing P/E ratio is 42.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 5.6. At the end of fiscal 2025 it was 41.0, compared with a 10-year median of 29.6.
What is TTM Technologies's EV/EBITDA?
TTM Technologies's enterprise value was 19.6 times EBITDA at the end of fiscal 2025 (enterprise value $7.9 billion, EBITDA $402.8 million); the current EV/EBITDA is 30.4.
What is TTM Technologies's return on equity?
TTM Technologies's return on equity (ROE) was 10.7% in fiscal 2025: net income of $177.4 million on average shareholders' equity of $1.7 billion.
What is TTM Technologies's ROIC?
TTM Technologies's return on invested capital was 9.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does TTM Technologies have?
TTM Technologies had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.63 and $615.8 million of net debt (1.53 times EBITDA).
Does TTM Technologies buy back its shares?
Yes. TTM Technologies spent $17.9 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 105.5M..
What is TTM Technologies's free cash flow yield?
TTM Technologies generated -$0.7 million of free cash flow in fiscal 2025, a free cash flow yield of −0.0% on its market value at year-end ($7.3 billion).
What is TTM Technologies's current ratio?
TTM Technologies's current ratio was 1.93 at the end of fiscal 2025: current assets were 1.93 times current liabilities.