The Filing Desk

Plexus vs TTM Technologies

Plexus PLXS · TTM Technologies TTMI · Electronic Manufacturing Services

Plexus reported revenue of $4.0 billion in fiscal 2025, 1.4 times TTM Technologies' $2.9 billion in fiscal 2025. Plexus' revenue grew 1.8% in its latest year, and TTM Technologies' grew 19.0%. Plexus had an operating margin of 5.0%, against 9.1% at TTM Technologies. Free cash flow was $154 million at Plexus and −$1 million at TTM Technologies. Their fiscal years end in different months (September 27 and December 29), so the periods don't line up exactly.

Side by side

PlexusTTM Technologies
Latest fiscal yearFY2025, Sep 27, 2025FY2025, Dec 29, 2025
Revenue$4.0B$2.9B
Revenue growth1.8%19.0%
Revenue growth a year, last 5 years2.9%6.7%
Gross margin10.1%20.7%
Operating margin5.0%9.1%
Net margin4.3%6.1%
Free cash flow$154M−$1M
Free cash flow margin3.8%−0.0%
Return on capital—10.7%
Net debt to EBITDA—1.1x
Dividends and buybacks$65M$18M
Change in diluted share count−1.1%1.3%
Last close$192.17$66.51
P/E at the last close28.3×26.6×
Insider trades, last 12 monthssold $22.9 millionbought $3.6 million, sold $36.2 million
Piotroski F-score—7 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
PlexusTTM Technologies
Operating margin
Percent of revenue
PlexusTTM Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
PlexusTTM Technologies

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Plexus and TTM Technologies pages.