Tetra Tech Financials

TTEK Stock  USD 40.96  0.17  0.42%   
Based on the key indicators obtained from Tetra Tech's historical financial statements, Tetra Tech may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Tetra Tech's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 822.6 M this year, although the value of Accumulated Other Comprehensive Income is projected to rise to (74.9 M). Key indicators impacting Tetra Tech's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.04620.0641
Way Down
Slightly volatile
Return On Assets0.07020.0795
Fairly Down
Slightly volatile
Return On Equity0.140.1821
Way Down
Slightly volatile
Debt Equity Ratio0.290.4786
Way Down
Slightly volatile
Operating Income525.8 M500.7 M
Sufficiently Up
Slightly volatile
Current Ratio1.711.2524
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Tetra Tech includes many different criteria found on its balance sheet. An individual investor should monitor Tetra Tech's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tetra Tech.

Net Income

350.05 Million

  
Understanding current and past Tetra Tech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tetra Tech's financial statements are interrelated, with each one affecting the others. For example, an increase in Tetra Tech's assets may result in an increase in income on the income statement.

Tetra Tech Stock Summary

Tetra Tech competes with Jacobs Solutions, KBR, Fluor, Topbuild Corp, and Comfort Systems. Tetra Tech, Inc. provides consulting and engineering services worldwide. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California. Tetra Tech operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 21000 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS88162G1031
CUSIP88162G103
LocationCalifornia; U.S.A
Business Address3475 East Foothill
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.tetratech.com
Phone626 351 4664
CurrencyUSD - US Dollar

Tetra Tech Key Financial Ratios

Tetra Tech Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.6B2.6B3.8B4.2B4.4B
Other Current Liab390.8M449.4M456.9M619.8M895.2M940.0M
Net Debt395.7M287.7M277.8M920.4M783.5M822.6M
Retained Earnings1.2B1.4B1.4B1.6B1.9B2.0B
Accounts Payable111.8M128.8M147.4M173.3M197.4M124.0M
Cash157.5M166.6M185.1M168.8M232.7M244.3M
Net Receivables761.2M787.0M857.7M1.1B1.1B1.1B
Other Current Assets81.1M112.3M115.4M89.1M113.6M119.2M
Total Liab1.3B1.3B1.4B2.4B2.4B2.5B
Total Current Assets999.8M1.1B1.2B1.4B1.5B1.6B
Short Term Debt118.9M80.0M70.4M65.0M126.8M133.2M
Intangible Assets13.9M38.0M29.2M173.9M160.6M168.6M
Good Will993.5M1.1B1.1B1.9B2.0B2.1B
Common Stock538K540K530K532K2.7M2.8M
Other Assets(2K)78K(38K)(9.4M)(8.5M)(8.1M)
Long Term Debt242.4M200M246.3M879.5M1.0B1.1B
Other Liab124.1M113.4M119.5M131.1M150.8M158.3M
Net Tangible Assets48.0M221.8M87.7M43.5M39.2M37.2M
Long Term Debt Total263.9M242.4M200M246.3M283.2M238.3M

Tetra Tech Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense14.5M12.7M11.6M52.4M37.3M39.1M
Total Revenue3.0B3.2B3.5B4.5B5.2B5.5B
Gross Profit446.5M498.4M575.6M725.0M866.4M909.8M
Operating Income241.1M278.7M340.4M358.1M500.7M525.8M
Ebit238.4M275.4M387.2M420.0M483.0M507.2M
Ebitda263.0M299.2M387.4M481.2M500.7M525.8M
Cost Of Revenue2.5B2.7B2.9B3.8B4.3B4.5B
Income Before Tax228.0M266.9M348.8M401.0M463.5M486.6M
Net Income173.9M232.8M263.1M273.4M333.4M350.1M
Income Tax Expense54.1M34.0M85.6M127.5M130.0M136.5M
Minority Interest31K(21K)(39K)(32K)(28.8K)(27.4K)
Tax Provision54.1M34.0M85.6M127.5M146.7M154.0M
Interest Income1.4M917K1.8M5.9M5.3M5.6M
Net Interest Income(13.1M)(11.8M)(11.6M)(46.5M)(41.9M)(39.8M)

Tetra Tech Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash36.6M9.1M18.5M(16.3M)63.9M67.1M
Free Cash Flow250.2M295.8M325.6M341.6M340.6M357.6M
Depreciation24.6M23.8M27.0M61.2M73.7M77.4M
Other Non Cash Items(9.3M)(7.9M)(20.8M)(59.8M)(59.6M)(56.6M)
Capital Expenditures12.2M8.6M10.6M26.9M18.1M16.2M
Net Income173.9M232.8M263.2M273.5M333.4M350.1M
End Period Cash Flow157.5M166.6M185.1M168.8M232.7M244.3M
Change To Inventory(14.4M)8.1M4.1M3.4M3.1M3.2M
Net Borrowings1.8M13.9M(83.4M)40.0M36.0M37.8M
Dividends Paid34.7M40.0M46.1M52.1M58.8M47.9M
Change To Netincome5.6M25.7M(23.3M)7.6M6.9M12.0M
Investments(63.0M)(93.0M)(55.7M)(771.2M)(694.1M)(659.4M)

Tetra Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tetra Tech's current stock value. Our valuation model uses many indicators to compare Tetra Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tetra Tech competition to find correlations between indicators driving Tetra Tech's intrinsic value. More Info.
Tetra Tech is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.41  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tetra Tech is roughly  2.44 . At this time, Tetra Tech's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tetra Tech by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tetra Tech Systematic Risk

Tetra Tech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tetra Tech volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tetra Tech correlated with the market. If Beta is less than 0 Tetra Tech generally moves in the opposite direction as compared to the market. If Tetra Tech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tetra Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tetra Tech is generally in the same direction as the market. If Beta > 1 Tetra Tech moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Tetra Tech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tetra Tech's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tetra Tech growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.42

At this time, Tetra Tech's Price Earnings To Growth Ratio is quite stable compared to the past year.

Tetra Tech November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tetra Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tetra Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tetra Tech based on widely used predictive technical indicators. In general, we focus on analyzing Tetra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tetra Tech's daily price indicators and compare them against related drivers.
When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Environmental & Facilities Services 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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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
0.749
Earnings Share
1.23
Revenue Per Share
15.861
Quarterly Revenue Growth
0.082
Return On Assets
0.0765
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's 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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's 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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's 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.