TTMI vs. LPTH

Last updated Apr 1, 2026

Compare and contrast key facts about TTM Technologies, Inc. (TTMI) and LightPath Technologies, Inc. (LPTH).

Performance

TTMI vs. LPTH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TTM Technologies, Inc. (TTMI) and LightPath Technologies, Inc. (LPTH). The values are adjusted to include any dividend payments, if applicable.

TTMI vs. LPTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTMI TTM Technologies, Inc.	41.19%	178.79%	56.55%	4.84%	1.21%	8.01%	-8.34%	54.68%	-37.91%	14.97%
LPTH LightPath Technologies, Inc.	-7.13%	205.95%	180.16%	3.28%	-50.00%	-37.76%	440.69%	-51.34%	-32.88%	44.16%

Fundamentals

EPS TTMI : $1.25 LPTH : -$212.20
PS Ratio TTMI : 3.69 LPTH : 0.03
Total Revenue (TTM) TTMI : $2.78B LPTH : $16.39B
Gross Profit (TTM) TTMI : $562.36M LPTH : $6.03B
EBITDA (TTM) TTMI : $350.07M LPTH : -$592.31M

Returns By Period

In the year-to-date period, TTMI achieves a 41.19% return, which is significantly higher than LPTH's -7.13% return. Over the past 10 years, TTMI has outperformed LPTH with an annualized return of 30.73%, while LPTH has yielded a comparatively lower 17.56% annualized return.

TTMI

• 1D: 10.34%
• 1M: -6.54%
• YTD: 41.19%
• 6M: 69.13%
• 1Y: 374.99%
• 3Y*: 93.29%
• 5Y*: 45.50%
• 10Y*: 30.73%

LPTH

• 1D: 7.73%
• 1M: -3.84%
• YTD: -7.13%
• 6M: 26.48%
• 1Y: 399.00%
• 3Y*: 92.32%
• 5Y*: 25.36%
• 10Y*: 17.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TTMI vs. LPTH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TTMI

TTMI Risk / Return Rank: 98
TTMI Sharpe Ratio Rank: 99
TTMI Sortino Ratio Rank: 98
TTMI Omega Ratio Rank: 96
TTMI Calmar Ratio Rank: 99
TTMI Martin Ratio Rank: 99

LPTH

LPTH Risk / Return Rank: 96
LPTH Sharpe Ratio Rank: 98
LPTH Sortino Ratio Rank: 94
LPTH Omega Ratio Rank: 91
LPTH Calmar Ratio Rank: 98
LPTH Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TTMI vs. LPTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TTM Technologies, Inc. (TTMI) and LightPath Technologies, Inc. (LPTH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TTMI	LPTH	Difference
Sharpe ratio Return per unit of total volatility	5.36	3.63	+1.73
Sortino ratio Return per unit of downside risk	4.33	3.37	+0.96
Omega ratio Gain probability vs. loss probability	1.57	1.41	+0.16
Calmar ratio Return relative to maximum drawdown	15.78	9.79	+6.00
Martin ratio Return relative to average drawdown	45.02	24.62	+20.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTMI vs. LPTH - Sharpe Ratio Comparison

The current TTMI Sharpe Ratio is 5.36, which is higher than the LPTH Sharpe Ratio of 3.63. The chart below compares the historical Sharpe Ratios of TTMI and LPTH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TTMI	LPTH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.36	3.63	+1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.31	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.23	+0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.02	+0.08

Correlation

The correlation between TTMI and LPTH is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TTMI vs. LPTH - Dividend Comparison

Neither TTMI nor LPTH has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TTMI vs. LPTH - Drawdown Comparison

The maximum TTMI drawdown since its inception was -94.68%, roughly equal to the maximum LPTH drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for TTMI and LPTH.

Drawdown Indicators

	TTMI	LPTH	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	-99.65%	+4.97%
Max Drawdown (1Y) Largest decline over 1 year	-23.26%	-40.52%	+17.26%
Max Drawdown (5Y) Largest decline over 5 years	-35.69%	-69.14%	+33.45%
Max Drawdown (10Y) Largest decline over 10 years	-56.19%	-86.28%	+30.09%
Current Drawdown Current decline from peak	-13.79%	-84.64%	+70.85%
Average Drawdown Average peak-to-trough decline	-50.19%	-86.36%	+36.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.15%	16.11%	-7.96%

Volatility

TTMI vs. LPTH - Volatility Comparison

TTM Technologies, Inc. (TTMI) has a higher volatility of 30.30% compared to LightPath Technologies, Inc. (LPTH) at 25.90%. This indicates that TTMI's price experiences larger fluctuations and is considered to be riskier than LPTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTMI	LPTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.30%	25.90%	+4.40%
Volatility (6M) Calculated over the trailing 6-month period	56.31%	85.63%	-29.32%
Volatility (1Y) Calculated over the trailing 1-year period	70.52%	110.83%	-40.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.84%	82.04%	-35.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.31%	78.19%	-33.88%

Financials

TTMI vs. LPTH - Profitability Comparison

The chart below illustrates the profitability comparison between TTM Technologies, Inc. and LightPath Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TTMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TTM Technologies, Inc. reported a gross profit of 156.74M and revenue of 752.74M. Therefore, the gross margin over that period was 20.8%.

LPTH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, LightPath Technologies, Inc. reported a gross profit of 6.02B and revenue of 16.35B. Therefore, the gross margin over that period was 36.8%.

TTMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TTM Technologies, Inc. reported an operating income of 71.91M and revenue of 752.74M, resulting in an operating margin of 9.6%.

LPTH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, LightPath Technologies, Inc. reported an operating income of -587.96M and revenue of 16.35B, resulting in an operating margin of -3.6%.

TTMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TTM Technologies, Inc. reported a net income of 53.06M and revenue of 752.74M, resulting in a net margin of 7.1%.

LPTH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, LightPath Technologies, Inc. reported a net income of -9.41B and revenue of 16.35B, resulting in a net margin of -57.5%.