TTEK Stock Analysis: Tetra Tech | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 8.547m USD | 12M Return: -2% | US88162G1031 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 71.3M
EPS Trend: -66.7%
Qual. Beats: 3
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tetra Tech, Inc. (NASDAQ: TTEK) is a U.S.-based consulting and engineering firm that provides technical services focused on water resources, environmental management, and sustainable infrastructure for clients in the United States and internationally. The company operates through two reportable segments: the Government Services Group (GSG), which serves federal, state, local, and international development agencies, and the Commercial/International Services Group (CIG), which serves commercial and international clients across sectors such as energy, utilities, natural resources, and advanced facilities. Service offerings span the project lifecycle, including early data collection and monitoring, data analytics and information management, applied research, engineering design, project management, operations and maintenance, climate change consulting, greenhouse gas assessment, and environmental remediation. Tetra Tech was founded in 1966, is headquartered in Pasadena, California, and has been listed on the NASDAQ since 1991.
As a member of the Industrials sector within the GICS classification (sub-industry: Environmental & Facilities Services), Tetra Tech operates within the professional services and engineering consulting industry, which is typically characterized by project-based contracts, technical expertise-driven revenue, and demand tied to government infrastructure spending, environmental regulation, and private-sector sustainability initiatives. The GSG/CIG structure reflects a common dual-revenue approach in the sector, balancing stable, long-duration government work with higher-growth commercial and international engagements.
- Federal infrastructure funding lifts GSG backlog
- Data center design demand accelerates CIG growth
- Climate mandates expand sustainability consulting pipeline
| Net Income: 436.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.33 > 1.0 |
| NWC/Revenue: 4.85% < 20% (prev 5.30%; Δ -0.45% < -1%) |
| CFO/TA 0.13 > 3% & CFO 567.4m > Net Income 436.2m |
| Net Debt (1.02b) to EBITDA (681.9m): 1.49 < 3 |
| Current Ratio: 1.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (259.8m) vs 12m ago -3.11% < -2% |
| Gross Margin: 18.78% > 18% (prev 20.28%; Δ -1.50% > 0.5%) |
| Asset Turnover: 116.0% > 50% (prev 105.6%; Δ 10.35% > 0%) |
| Interest Coverage Ratio: 20.85 > 6 (EBIT TTM 624.1m / Interest Expense TTM 29.9m) |
| A: 0.06 (Total Current Assets 1.58b - Total Current Liabilities 1.33b) / Total Assets 4.39b |
| B: 0.45 (Retained Earnings 1.96b / Total Assets 4.39b) |
| C: 0.14 (EBIT TTM 624.1m / Avg Total Assets 4.37b) |
| D: 0.73 (Book Value of Equity 1.85b / Total Liabilities 2.54b) |
| Altman-Z'' = 3.55 = A |
| DSRI: 0.77 (Receivables 1.08b/1.27b, Revenue 5.07b/4.60b) |
| GMI: 1.08 (GM 20.28% / 18.78%) |
| AQI: 1.02 (AQ_t 0.58 / AQ_t-1 0.57) |
| SGI: 1.10 (Revenue 5.07b / 4.60b) |
| TATA: -0.03 (NI 436.2m - CFO 567.4m) / TA 4.39b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of October 10, 2026, the stock is trading at USD 33.34 with a total of 1,615,953 shares traded. Over the past week, the price has changed by +0.66%, over one month by -6.11%, over three months by +7.98% and over the past year by -2.00%.
Current recommended Stop Loss: 31.30 (which is 6.1% or 2.1 ATR below the current price).
Tetra Tech has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TTEK.
- StrongBuy: 3
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 40.3 | 21% |
P/E Trailing = 20.1084
P/E Forward = 19.9203
P/S = 1.9609
P/B = 4.8235
P/EG = 2.0954
Revenue TTM = 5.07b USD
EBIT TTM = 624.1m USD
EBITDA TTM = 681.9m USD
Long Term Debt = 801.1m USD (from longTermDebt, last quarter)
Short Term Debt = 74.7m USD (from shortTermDebt, last quarter)
Debt = 1.25b USD (from shortLongTermDebtTotal, last quarter) + Leases 222.4m
Net Debt = 1.02b USD (calculated: Debt 1.25b - CCE 230.8m)
Enterprise Value = 9.56b USD (8.55b + Debt 1.25b - CCE 230.8m)
Interest Coverage Ratio = 20.85 (Ebit TTM 624.1m / Interest Expense TTM 29.9m)
EV/FCF = 17.44x (Enterprise Value 9.56b / FCF TTM 548.2m)
FCF Yield = 5.73% (FCF TTM 548.2m / Enterprise Value 9.56b)
FCF Margin = 10.81% (FCF TTM 548.2m / Revenue TTM 5.07b)
Net Margin = 8.60% (Net Income TTM 436.2m / Revenue TTM 5.07b)
Gross Margin = 18.78% ((Revenue TTM 5.07b - Cost of Revenue TTM 4.12b) / Revenue TTM)
Gross Margin QoQ = 18.59% (prev 17.55%)
Tobins Q-Ratio = 2.18 (Enterprise Value 9.56b / Total Assets 4.39b)
Interest Expense / Debt = 2.40% (Interest Expense 29.9m / Debt 1.25b)
Taxrate = 26.54% (157.7m / 594.2m)
NOPAT = 458.5m (EBIT 624.1m * (1 - 26.54%))
Current Ratio = 1.18 (Total Current Assets 1.58b / Total Current Liabilities 1.33b)
Debt / Equity = 0.67 (Debt 1.25b / totalStockholderEquity, last quarter 1.85b)
Debt / EBITDA = 1.49 (Net Debt 1.02b / EBITDA 681.9m)
Debt / FCF = 1.85 (Net Debt 1.02b / FCF TTM 548.2m)
Total Stockholder Equity = 1.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.98% (Net Income 436.2m / Total Assets 4.39b)
RoE = 23.76% (Net Income TTM 436.2m / Total Stockholder Equity 1.84b)
RoCE = 23.67% (EBIT 624.1m / Capital Employed (Equity 1.84b + L.T.Debt 801.1m))
RoIC = 15.82% (NOPAT 458.5m / Invested Capital 2.90b)
WACC = 6.33% (E(8.55b)/V(9.79b) * Re(6.99%) + D(1.25b)/V(9.79b) * Rd(2.40%) * (1-Tc(0.27)))
Discount Rate = 6.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.32 | Cagr: -1.60%
[DCF] Terminal Value 77.97% ; FCFF base≈506.0m ; Y1≈580.0m ; Y5≈853.6m
[DCF] Fair Price = 46.20 (EV 12.8b - Net Debt 1.02b = Equity 11.8b / Shares 256.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -66.69 | EPS CAGR: -19.23% | SUE: 1.20 | # QB: 3
Revenue Correlation: 98.43 | Revenue CAGR: 10.26% | SUE: 0.60 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.38 | Chg30d=+0.00% | Revisions=+25% | Analysts=4
EPS current Year (2026-09-30): EPS=1.58 | Chg30d=+0.00% | Revisions=+70% | GrowthEPS=+1.1% | GrowthRev=-5.7%
EPS next Year (2027-09-30): EPS=1.74 | Chg30d=+0.00% | Revisions=+67% | GrowthEPS=+10.2% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +82% (up=14, down=0)