TTM Effective Tax Rate from 2010 to 2024

TTMI Stock  USD 25.66  0.00  0.00%   
TTM Technologies' Effective Tax Rate is increasing with slightly volatile movements from year to year. Effective Tax Rate is predicted to flatten to -0.93. For the period between 2010 and 2024, TTM Technologies, Effective Tax Rate quarterly trend regression had median of  0.11 and r-value of  0.65. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
64.02356902
Current Value
(0.93)
Quarterly Volatility
31.28584819
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TTM Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TTM Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.8 M, Interest Expense of 38.7 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0101 or PTB Ratio of 1.06. TTM financial statements analysis is a perfect complement when working with TTM Technologies Valuation or Volatility modules.
  
Check out the analysis of TTM Technologies Correlation against competitors.
For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.

Latest TTM Technologies' Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of TTM Technologies over the last few years. Effective Tax Rate is the average rate at which TTM Technologies pre-tax profits are taxed by the government. The effective tax rate is computed by dividing TTM Technologies total tax expenses by TTM Technologies earnings before taxes. It is TTM Technologies' Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TTM Technologies' overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

TTM Effective Tax Rate Regression Statistics

Arithmetic Mean21.28
Coefficient Of Variation147.01
Mean Deviation28.49
Median0.11
Standard Deviation31.29
Sample Variance978.80
Range64.9573
R-Value0.65
Mean Square Error611.60
R-Squared0.42
Significance0.01
Slope4.53
Total Sum of Squares13,703

TTM Effective Tax Rate History

2019 64.02
2018 -0.93
2012 -0.0679
2011 0.39
2010 0.11

About TTM Technologies Financial Statements

Investors use fundamental indicators, such as TTM Technologies' Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although TTM Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Effective Tax Rate 64.02 (0.93)

Currently Active Assets on Macroaxis

When determining whether TTM Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTM Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ttm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttm Technologies Stock:
Check out the analysis of TTM Technologies Correlation against competitors.
For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TTM Technologies. If investors know TTM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TTM Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.765
Earnings Share
0.66
Revenue Per Share
23.176
Quarterly Revenue Growth
0.077
Return On Assets
0.0288
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.