TTEKNasdaqServices-Engineering ServicesFiscal year ends September 27
TETRA TECH INC
Financials through Q3 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Jul 31, 2026
$34.63−0.09 (-0.26%)
Close on Oct 19, 2026
- Market cap
- $9.00B
- P/E (TTM)
- 20.9
- Dividend yield
- 0.71%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
17.7%+2.8 pts over 5 years
Operating margin
7.5%−0.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.7% | +15.8% | +12.7% | +9.0% | |
| Gross profit | +11.0% | +18.6% | +16.6% | +11.8% | |
| Operating income | -18.4% | +6.3% | +11.1% | +16.6% | |
| EPS, diluted | -24.4% | -1.4% | +8.0% | +21.9% | |
| Free cash flow | +28.9% | +10.5% | +11.9% | +12.2% | |
| Dividend per share | +11.8% | +12.7% | +14.0% | +15.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.94 | 1.26 | 1.18 | |
| Debt to equity | 0.40 | 0.28 | 0.43 | |
| Net debt to EBITDA | 1.01× | 0.50× | 1.28× | |
| Interest coverage | 11.0× | 16.7× | 10.0× | |
| Capex to revenue | 0.5% | 0.4% | 0.3% | |
| Diluted shares | 295M | 275M | 267M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Tetra Tech generated $1.83B from operations and spent $854.93M on capital expenditure, dividends and share buybacks. 10% of that went back into the business.
Generated
$1.83B
Used
$854.93M
Capital expenditure$82.82M10%Dividends$262.12M31%Share buybacks$509.98M60%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$457.69M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$457.69M vs –
- Less leverageLong-term debt to assets fell19.4% → 17.8%
- Better liquidityCurrent ratio rose1.25 → 1.18
- No dilutionShare count did not rise270M → 267M
- Gross margin improvedGross margin up on the prior year16.67% → 17.66%
- More efficientAsset turnover rose1.36 → 1.30