TTM Technologies (STU:TT1) Net Margin %: 5.91% (As of Mar. 2026) — 90% Above Median


STU:TT1 TTM Technologies Inc STU:TT1
71 GF Score
Price €172.75
GF Value €26.59
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TTM Technologies Net Margin %?

TTM Technologies STU:TT1 -6.01% 71 Net Margin % is 5.91% as of Mar. 2026, which is 90% above its 10-year median of 3.11. GuruFocus rates STU:TT1 with a GF Score™ of 71/100 and a GF Value™ of €26.59 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,473 Hardware companies, TTM Technologies ranks better than 66.96% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TTM Technologies's Net Income for the three months ended in Mar. 2026 was €43 Mil. TTM Technologies's Revenue for the three months ended in Mar. 2026 was €732 Mil. Therefore, TTM Technologies's net margin for the quarter that ended in Mar. 2026 was 5.91%.

The historical rank and industry rank for TTM Technologies's Net Margin % or its related term are showing as below:

STU:TT1' s Net Margin % Range Over the Past 10 Years
Min: -0.84   Med: 3.11   Max: 8.43
Current: 6.29


STU:TT1's Net Margin % is ranked better than
66.96% of 2473 companies
in the Hardware industry
Industry Median: 2.7 vs STU:TT1: 6.29

TTM Technologies  (STU:TT1) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


TTM Technologies Net Margin % Related Terms


TTM Technologies Net Margin % Historical Data

* Premium members only.

The historical data trend for TTM Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TTM Technologies Net Margin % Chart

TTM Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 3.79 -0.84 2.30 6.11

TTM Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 5.68 7.05 6.55 5.91

STU:TT1 vs VICR, SANM, FN: Net Margin % Comparison

For the Electronic Components subindustry, TTM Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TTM Technologies Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, TTM Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where TTM Technologies's Net Margin % falls into.


STU:TT1
71GF Score
TTM Technologies Inc STU:TT1
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TTM Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

TTM Technologies's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=151.541/2482.019
=6.11 %

TTM Technologies's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=43.24/731.769
=5.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 5.91% mean?
TTM Technologies (STU:TT1) has a Net Margin % of 5.91% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TTM Technologies and its competitors. This is 90% above median its historical median of 3.11. According to the industry distribution chart, TTM Technologies ranks #817 out of 2473 companies in the Hardware industry, placing it in the top 33%.
Is TTM Technologies' Net Margin % too high?
TTM Technologies' current Net Margin % of 5.91% is 90% above median its 10-year median of 3.11. The Hardware industry median Net Margin % is 2.70. TTM Technologies' value of 5.91% is 118.9% above this industry median. Based on the distribution chart, TTM Technologies ranks #817 out of 2473 companies in the Hardware industry, which is above the industry midpoint. Overall, TTM Technologies has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TTM Technologies' Net Margin % compare to VICR and SANM?
According to the Hardware industry distribution chart, TTM Technologies ranks #817 out of 2473 companies for Net Margin %. This puts TTM Technologies in the upper half of its industry. The industry median Net Margin % is 2.70. TTM Technologies' value of 5.91% is 118.9% above this benchmark. While the company's 10-year median is 3.11 vs. the industry median of 2.70, TTM Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TTM Technologies's current Net Margin % of 5.91% is 118.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on TTM Technologies and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTM Technologies's current Net Margin % is 5.91%, which is 90% above median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTM Technologies stock overvalued right now?
Based on GuruFocus' analysis, TTM Technologies (STU:TT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.59, compared to a current price of €172.75 — trading 549.7% above its estimated fair value. The current Net Margin % is 5.91%, which is 90% above median its 10-year median of 3.11 and 118.9% above the Hardware industry median of 2.70. TTM Technologies' overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For TTM Technologies (STU:TT1), the current Net Margin % is 5.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TTM Technologies (STU:TT1) Overvalued in 2026?

Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued. The current stock price of €172.75 is trading 549.7% above its estimated GF Value™ of €26.59. GuruFocus considers TTM Technologies to be Significantly Overvalued.

Key valuation signals for STU:TT1:

  • Net Margin %: 5.91% (90% above median its 10-year median of 3.11)
  • GF Value™: €26.59 vs. price of €172.75 (549.7% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 118.9% above the Hardware median (#817 of 2473)

No single metric tells the full story. See the STU:TT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TTM Technologies Business Description

Other Exchanges TTMI:USATTMI:Mexico
Address 200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
71GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€172.75
Price
€26.59
GF Value