← TTM TECHNOLOGIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $34.9m |
$35.6m
+2.05%
|
$173.6m
+387.94%
|
$41.3m
-76.21%
|
$177.5m
+329.86%
|
$54.4m
-69.35%
|
$94.6m
+73.82%
|
$94.6m
0.00%
|
$56.3m
-40.48%
|
$177.4m
+215.19%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $35.6m | — | $173.6m | $41.3m | $177.5m | $54.4m | $94.6m | ($18.7m) | $56.3m | $177.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $714k | — | — | — | — | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs | $805k | — | $916k | $977k | $995k | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $19.1m | — | $14.7m | $14.3m | $17.5m | $2.1m | $2.2m | — | $2.0m | $2.2m | — | |
| Amortization of Intangible Assets | $24.3m | — | $59.7m | $48.5m | $38.8m | $35.7m | $37.1m | — | $35.5m | $36.9m | — | |
| Depreciation | $156.2m | — | $162.7m | $166.6m | $99.6m | $85.9m | $91.3m | $99.2m | $105.2m | $110.3m | $116.1m | |
| Depreciation of property, plant, and equipment | — | $156.2m | $150.8m | $166.6m | — | — | — | $91.3m | $105.2m | $110.3m | $153.0m | |
| Amortization of definite-lived intangible assets | — | $24.3m | $23.6m | $53.3m | $45.2m | — | $41.4m | $42.6m | $61.6m | $36.9m | — | |
| Amortization of debt discount and issuance costs | — | $19.1m | $11.0m | $14.3m | $17.5m | — | $2.1m | $2.2m | $2.2m | $2.2m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $42.6m | $61.6m | $44.9m | $36.9m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $42.6m | $61.6m | $44.9m | $36.9m | $36.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $133.9m | $160.7m | $150.1m | $147.2m | $153.0m | |
| Deferred Income Tax Expense (Benefit) | $901k | — | ($96.8m) | ($10.8m) | ($6.7m) | $5.8m | $60.4m | — | ($1.2m) | $3.8m | $11.0m | |
| Deferred income taxes | — | $900k | ($9.2m) | ($12.5m) | $6.7m | — | $9.7m | $61.3m | ($11.3m) | $3.3m | $11.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $61.3m | ($11.3m) | ($1.7m) | $3.3m | $11.0m | |
| Deferred Tax | — | — | — | — | — | — | $61.3m | ($11.3m) | ($1.7m) | $3.3m | $11.0m | |
| Share-based Payment Arrangement, Noncash Expense | $11.1m | — | $20.7m | $16.8m | $16.1m | $17.7m | $19.5m | — | $29.8m | $41.7m | $61.3m | |
| Stock-based compensation | — | $11.1m | $18.3m | $16.8m | $16.1m | — | $17.7m | $19.5m | $22.9m | $41.7m | $61.3m | |
| Goodwill, Impairment Loss | $0 | — | — | — | $69.2m | — | $0 | — | $32.6m | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $0 | — | — | |
| Impairment of goodwill | — | — | — | — | $69.2m | — | $0 | $0 | $44.1m | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $44.1m | $32.6m | $0 | $0 | |
| Nonoperating Income (Expense) | ($106.5m) | — | ($69.3m) | ($73.9m) | ($74.4m) | ($55.9m) | ($27.5m) | — | ($32.1m) | ($54.3m) | — | |
| Other Nonoperating Income (Expense) | $17.3m | — | $9.6m | $9.3m | ($1.2m) | $4.8m | $18.0m | — | $15.4m | ($9.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $18.4m | ($11.9m) | ($30.3m) | ($85.3m) | ($158.8m) | |
| Increase (Decrease) in Accounts Receivable | — | — | ($1.4m) | ($19.5m) | ($122.5m) | $5.2m | $35.7m | — | $35.1m | $115.1m | ($395.9m) | |
| Accounts receivable, net | — | $23.2m | $1.4m | $19.5m | $122.5m | — | ($5.2m) | ($35.7m) | $49.9m | ($115.1m) | ($395.9m) | |
| Change In Receivables | — | — | — | — | — | — | ($20.2m) | $92.5m | ($124.4m) | ($201.8m) | ($395.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($35.7m) | $49.9m | ($35.1m) | ($115.1m) | ($395.9m) | |
| Increase (Decrease) in Inventories | $289k | — | ($18.3m) | $12.6m | ($1.4m) | $12.0m | $4.4m | — | $11.9m | $25.1m | ($57.6m) | |
| Inventories | — | ($289k) | ($25.4m) | ($12.6m) | $1.4m | — | ($12.0m) | ($4.4m) | ($45.4m) | ($25.1m) | ($57.6m) | |
| Change In Inventory | — | — | — | — | — | — | ($4.4m) | ($45.4m) | ($11.9m) | ($25.1m) | ($57.6m) | |
| Increase (Decrease) in Accounts Payable | ($7.8m) | — | ($45.7m) | $42.0m | $1.2m | $41.0m | ($14.8m) | — | $49.7m | $139.0m | $283.7m | |
| Accounts payable | — | ($7.8m) | $54.6m | $42.0m | $1.2m | — | $41.0m | ($14.8m) | ($34.6m) | $139.0m | $283.7m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $658k | ($51.0m) | $59.3m | $163.0m | $283.7m | |
| Accrued salaries, wages, and benefits | — | — | — | $3.8m | $7.9m | — | ($7.8m) | $15.5m | ($16.4m) | $24.0m | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $15.5m | ($16.4m) | $9.6m | $24.0m | $18.3m | |
| Prepaid expenses and other assets | — | $3.6m | ($2.0m) | $1.8m | ($3.5m) | — | ($5.0m) | ($15.5m) | ($6.0m) | ($22.5m) | — | |
| Other liabilities | — | — | — | ($20.3m) | ($35.5m) | — | ($9.5m) | $33.3m | ($24.5m) | ($3.7m) | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $33.3m | ($24.5m) | $4.9m | ($3.7m) | $26.8m | |
| Net Cash Provided by (Used in) Operating Activities | $298.3m |
$298.3m
0.00%
|
$273.1m
-8.45%
|
$311.9m
+14.20%
|
$287.2m
-7.94%
|
$176.6m
-38.49%
|
$272.9m
+54.49%
|
$272.9m
0.00%
|
$236.9m
-13.19%
|
$291.9m
+23.21%
|
$322.9m
+10.63%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $85.1m | ($85.1m) | $150.1m | $142.6m | $103.3m | $82.0m | $102.9m | ($102.9m) | $185.7m | $292.6m | ($338.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $3.6m | $84.8m | $58.6m | $29.0m | — | $33.3m | $31.7m | $0 | $0 | — | |
| Gain on sale of SH E-MS property | — | — | — | — | — | — | $0 | ($51.8m) | $0 | — | — | |
| Proceeds from sale of SH E-MS property | — | — | — | — | — | — | $0 | $0 | $61.8m | $0 | — | |
| Receivable from sale of SH E-MS property | — | — | — | — | — | — | $0 | $69.2m | $0 | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $596.4m | — | — | — | $298.3m | — | $0 | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | $623k | $431k | $245k | — | $76k | $0 | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($245k) | ($101k) | ($76k) | $17.8m | $17.8m | |
| Net cash provided by investing activities from discontinued operations | — | — | — | ($24.2m) | $497.9m | — | — | — | — | — | ($307.7m) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($78.0m) | ($746.2m) | ($136.0m) | $404.3m | ($84.1m) | ($395.5m) | ($395.5m) | ($146.2m) | ($273.9m) | ($307.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.0b | — | $114.4m | — | — | — | — | — | $9.6m | $3.8m | ($145.2m) | |
| Gain (Loss) on Extinguishment of Debt | ($47.8m) | — | — | — | — | ($15.2m) | — | — | $0 | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $775.0m | — | $600.0m | — | — | $500.0m | — | — | $8.4m | $0 | $199.2m | |
| Loss on extinguishment of debt | — | $47.8m | $768k | — | — | — | $15.2m | $0 | $1.2m | $0 | — | |
| Repayment of long-term debt borrowings | — | ($1.0b) | ($700.9m) | ($30.0m) | ($650.0m) | — | ($425.8m) | $0 | ($291.6m) | ($3.8m) | — | |
| Proceeds from long-term debt borrowings | — | $775.0m | $725.0m | — | — | — | $500.0m | $0 | $234.8m | $0 | — | |
| Payment of debt issuance costs | — | ($1.2m) | ($9.8m) | ($1.8m) | — | — | ($6.0m) | $0 | ($5.5m) | $0 | — | |
| Proceeds from borrowings of revolving loan | — | $30.0m | ($63.0m) | — | — | — | $0 | $50.0m | $50.0m | $0 | — | |
| Cashless rollover of debt | — | — | — | — | — | — | — | $0 | $340.4m | $0 | — | |
| Cashless extinguishment of debt for issuance of new long-term debt borrowing | — | — | — | — | — | — | $0 | $0 | $115.2m | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $50.0m | $284.8m | $8.4m | $0 | $199.2m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $50.0m | $284.8m | $8.4m | $0 | $199.2m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($50.0m) | ($291.6m) | ($9.6m) | ($3.8m) | ($145.2m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | ($6.8m) | ($1.2m) | ($3.8m) | $53.9m | |
| Net Long Term Debt Issuance | — | — | — | — | — | $74.2m | $0 | ($6.8m) | ($1.2m) | — | $53.9m | |
| Repayment Of Debt | — | — | — | — | — | ($425.8m) | ($50.0m) | ($291.6m) | ($9.6m) | — | ($145.2m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $64.7m | $35.4m | — | $34.5m | $17.9m | — | |
| Repurchases of common stock | — | — | — | — | — | — | ($64.7m) | ($35.4m) | ($24.4m) | ($17.9m) | — | |
| Issuance of common stock for warrant settlement | — | — | — | — | — | — | $2.3m | $589k | $0 | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($35.4m) | ($24.4m) | ($34.5m) | ($17.9m) | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($35.4m) | ($24.4m) | ($34.5m) | ($17.9m) | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($35.4m) | ($24.4m) | ($34.5m) | ($17.9m) | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | ($4.6m) | $10.0m | ($2.1m) | $7.5m | ($7.5m) | ($7.5m) | ($245k) | $0 | ($987k) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $25.0m | ($16.5m) | ($1.2m) | $513k | $513k | |
| Net Cash Provided by (Used in) Financing Activities | — | ($217.1m) |
$321.1m
+247.88%
|
($31.8m)
-109.91%
|
($642.3m)
-1919.00%
|
($7.2m)
+98.87%
|
($11.3m)
-56.40%
|
($11.3m)
0.00%
|
($36.8m)
-225.53%
|
($20.9m)
+43.18%
|
$44.4m
+312.24%
|
|
| Net (decrease) increase in cash and cash equivalents | — | ($2.8m) | $153.0m | $143.8m | $51.4m | — | $86.1m | ($134.9m) | $47.5m | ($2.7m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $143.8m | $51.4m | $86.1m | ($134.9m) | — | $53.7m | ($2.7m) | $507.6m | |
| Cash and cash equivalents at beginning of period | — | — | $256.4m | $400.2m | $451.6m | — | $537.7m | $402.7m | $450.2m | $501.2m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $537.7m | $402.7m | $450.2m | $503.9m | $448.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $451.6m | $537.7m | — | — | — | — | $507.6m | |
| Effect of foreign currency exchange rates on cash and cash equivalents | — | ($6.1m) | $3.4m | ($358k) | $2.2m | — | $856k | ($1.0m) | ($122k) | $281k | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | $856k | ($1.0m) | ($122k) | ($139k) | — | $333k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $72.0m | $72.0m | $63.0m | $71.3m | $59.2m | $42.4m | $42.8m | $42.8m | $49.0m | $46.2m | — | |
| Income Taxes Paid, Net | $25.1m | $25.1m | $27.6m | $20.1m | $18.1m | $5.2m | $4.6m | $4.6m | $18.8m | $37.4m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | $3.5m | ($1.4m) | ($10.5m) | ($5.0m) | $12.8m | — | $1.2m | ($20.4m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $237.3m | — | — | — | — | — | — | |
| General and Administrative Expense | $147.2m | — | $159.4m | $152.1m | $122.5m | $124.9m | $158.2m | — | $170.1m | $192.1m | — | |
| Goodwill | $372.6m | — | $767.0m | $774.8m | $637.3m | $637.3m | $760.4m | — | $670.1m | $670.1m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($16.4m) | $54.4m | $94.6m | — | $56.3m | $177.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | $193.9m | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $31.4m | — | ($83.8m) | $4.9m | ($29.9m) | $15.6m | $88.3m | — | $27.6m | $32.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $47.5m | $45.3m | — | |
| Operating Expenses | $250.2m | — | $297.9m | $281.6m | $330.9m | $246.0m | $247.6m | — | $361.3m | $337.0m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($175k) | — | ($1.4m) | ($1.9m) | ($6.7m) | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $1.7m | — | $191k | — | $191k | — | — | — | — | $236k | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $2.8m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $2.8b | $2.7b | $2.1b | $2.2b | $2.5b | — | — | — | — | |
| Gain on sale of subsidiary | — | — | — | — | — | — | $0 | $0 | ($1.3m) | $0 | — | |
| Contract assets | — | — | ($3.5m) | ($494k) | ($25.1m) | — | ($51.6m) | $15.5m | $42.6m | ($86.6m) | — | |
| Contract liabilities | — | — | ($4.6m) | $618k | $416k | — | $9.9m | $24.5m | $22.5m | $4.7m | — | |
| Proceeds from capital-related government incentives | — | — | — | — | — | — | — | — | $0 | $17.8m | — | |
| Proceeds from sale of subsidiary, net of cash disposed | — | — | — | — | — | — | $0 | $0 | $6.0m | $0 | — | |
| Acquisition of Gritel Holding Co., Inc. and ISC Farmingdale Corp. | — | — | ($596.4m) | — | — | — | $0 | ($298.3m) | $0 | — | — | |
| Investment in unconsolidated joint venture | — | — | — | — | — | — | ($3.2m) | $0 | $0 | — | — | |
| Customer deposits | — | — | — | — | — | — | $0 | $25.0m | $0 | $1.5m | — | |
| Proceeds from exercise of stock options | — | $1.7m | $74k | — | $191k | — | — | — | $0 | $236k | — | |
| Refund of customer deposits | — | — | — | — | — | — | $0 | $0 | ($7.5m) | $0 | — | |
| Payment of original issue discount | — | — | ($1.8m) | — | — | — | $0 | $0 | ($3.5m) | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($11.3m) | ($47.7m) | ($36.8m) | ($20.9m) | $44.4m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($395.5m) | ($92.0m) | ($146.2m) | ($273.9m) | ($307.7m) | |
| Change In Account Payable | — | — | — | — | — | — | ($14.8m) | ($34.6m) | $49.7m | $139.0m | $283.7m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($134.9m) | $47.5m | $53.7m | ($2.7m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $24.5m | $22.5m | $44.4m | $4.7m | $24.6m | |
| Change In Payable | — | — | — | — | — | — | ($14.8m) | ($34.6m) | $49.7m | $139.0m | $283.7m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($15.5m) | ($6.0m) | ($2.7m) | ($22.5m) | ($58.8m) | |
| Changes In Cash | — | — | — | — | — | — | ($133.9m) | $47.6m | $53.9m | ($3.0m) | $59.6m | |
| End Cash Position | — | — | — | — | — | $537.7m | $402.7m | $450.2m | $503.9m | — | $507.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($11.3m) |
($47.7m)
-321.47%
|
($36.8m)
+22.76%
|
($20.9m)
+43.18%
|
$44.4m
+312.24%
|
|
| Free Cash Flow | — | — | — | — | — | — | $170.0m | $27.0m | $51.2m | ($683k) | ($15.1m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | ($1.3m) | $0 | $0 | $0 | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $0 | ($51.8m) | $0 | $0 | — | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($395.5m) | ($92.0m) | ($146.2m) | ($273.9m) | ($307.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($298.3m) | $6.0m | $0 | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($96.9m) | ($98.0m) | ($146.1m) | ($291.8m) | ($325.5m) | |
| Operating Gains Losses | — | — | — | — | — | $15.2m | ($51.8m) | ($116k) | — | — | — | |
| Other Non Cash Items | — | — | — | — | — | — | ($3.0m) | $1.7m | $143k | $7.5m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($887k) | $0 | $0 | $236k | $236k | |
| Purchase Of Business | — | — | — | — | — | ($3.2m) | ($298.3m) | $0 | $0 | — | $0 | |
| Purchase Of PPE | $85.1m | $151.3m | $150.1m | $142.6m | $103.3m | $82.0m | ($102.9m) | ($160.2m) | ($185.7m) | ($292.6m) | ($338.0m) | |
| Sale Of PPE | — | — | — | — | — | — | $6.0m | $62.3m | $39.6m | $781k | $12.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.