(TTEK) Tetra Tech - NASDAQ
Sector: Industrials | Industry: Engineering & Construction | Exchange: NASDAQ (USA) | Market Cap: 7.241m USD | Total Return: -21% in 12m
Avg Turnover: 102M
EPS Trend: -27.8%
Qual. Beats: 2
Rev. Trend: 97.7%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Tetra Tech, Inc. (TTEK) is a Pasadena-based engineering and consulting firm specializing in water, environmental management, and sustainable infrastructure. The company operates through two primary divisions: the Government Services Group (GSG), which serves federal, state, and local agencies, and the Commercial/International Services Group (CIG), which focuses on private sector utilities and global infrastructure projects.
The business model relies on high-margin intellectual capital rather than heavy construction, focusing on the front-end of the project lifecycle, such as data analytics, climate change consulting, and engineering design. As a firm within the Environmental & Facilities Services sub-industry, Tetra Tech benefits from increasing regulatory requirements for greenhouse gas reporting and industrial water reuse, sectors that typically offer long-term contract stability due to the essential nature of compliance and resource management.
Investors can evaluate the underlying valuation and growth metrics of this firm on ValueRay.
- Rising federal infrastructure spending boosts long-term government services contract backlogs
- Global water scarcity increases demand for advanced treatment and resource management
- Expansion of climate change consulting services drives high-margin commercial revenue growth
- Increased regulatory focus on PFAS remediation mandates fuels environmental engineering demand
- International infrastructure project margins remain sensitive to global currency exchange fluctuations
| Net Income: 440.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 9.74 > 1.0 |
| NWC/Revenue: 6.38% < 20% (prev 3.29%; Δ 3.09% < -1%) |
| CFO/TA 0.16 > 3% & CFO 688.1m > Net Income 440.4m |
| Net Debt (1.12b) to EBITDA (673.4m): 1.66 < 3 |
| Current Ratio: 1.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (261.9m) vs 12m ago -2.06% < -2% |
| Gross Margin: 19.54% > 18% (prev 19.85%; Δ -0.31% > 0.5%) |
| Asset Turnover: 115.0% > 50% (prev 108.9%; Δ 6.13% > 0%) |
| Interest Coverage Ratio: 19.86 > 6 (EBIT TTM 616.7m / Interest Expense TTM 31.1m) |
| A: 0.07 (Total Current Assets 1.54b - Total Current Liabilities 1.23b) / Total Assets 4.36b |
| B: 0.45 (Retained Earnings 1.96b / Total Assets 4.36b) |
| C: 0.14 (EBIT TTM 616.7m / Avg Total Assets 4.27b) |
| D: 0.75 (Book Value of Equity 1.86b / Total Liabilities 2.50b) |
| Altman-Z'' = 3.69 = AA |
| DSRI: 0.72 (Receivables 1.05b/1.36b, Revenue 4.91b/4.56b) |
| GMI: 1.02 (GM 19.85% / 19.54%) |
| AQI: 1.08 (AQ_t 0.58 / AQ_t-1 0.54) |
| SGI: 1.08 (Revenue 4.91b / 4.56b) |
| TATA: -0.06 (NI 440.4m - CFO 688.1m) / TA 4.36b) |
| Beneish M = -3.15 (Cap -4..+1) = AA |
As of June 12, 2026, the stock is trading at USD 27.92 with a total of 4,172,714 shares traded.
Over the past week, the price has changed by -0.18%,
over one month by -5.39%,
over three months by -17.13% and
over the past year by -21.01%.
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 | 40.8 | 46.2% |
P/E Trailing = 16.7066
P/E Forward = 16.3132
P/S = 1.6445
P/B = 3.8858
P/EG = 2.0954
Revenue TTM = 4.91b USD
EBIT TTM = 616.7m USD
EBITDA TTM = 673.4m USD
Long Term Debt = 880.2m USD (from longTermDebt, last quarter)
Short Term Debt = 73.7m USD (from shortTermDebt, last quarter)
Debt = 1.34b USD (from shortLongTermDebtTotal, last quarter) + Leases 229.6m
Net Debt = 1.12b USD (calculated: Debt 1.34b - CCE 223.6m)
Enterprise Value = 8.36b USD (7.24b + Debt 1.34b - CCE 223.6m)
Interest Coverage Ratio = 19.86 (Ebit TTM 616.7m / Interest Expense TTM 31.1m)
EV/FCF = 12.50x (Enterprise Value 8.36b / FCF TTM 668.7m)
FCF Yield = 8.00% (FCF TTM 668.7m / Enterprise Value 8.36b)
FCF Margin = 13.61% (FCF TTM 668.7m / Revenue TTM 4.91b)
Net Margin = 8.96% (Net Income TTM 440.4m / Revenue TTM 4.91b)
Gross Margin = 19.54% ((Revenue TTM 4.91b - Cost of Revenue TTM 3.95b) / Revenue TTM)
Gross Margin QoQ = 17.55% (prev 18.20%)
Tobins Q-Ratio = 1.92 (Enterprise Value 8.36b / Total Assets 4.36b)
Interest Expense / Debt = 2.32% (Interest Expense 31.1m / Debt 1.34b)
Taxrate = 26.55% (159.3m / 600.1m)
NOPAT = 453.0m (EBIT 616.7m * (1 - 26.55%))
Current Ratio = 1.25 (Total Current Assets 1.54b / Total Current Liabilities 1.23b)
Debt / Equity = 0.72 (Debt 1.34b / totalStockholderEquity, last quarter 1.86b)
Debt / EBITDA = 1.66 (Net Debt 1.12b / EBITDA 673.4m)
Debt / FCF = 1.67 (Net Debt 1.12b / FCF TTM 668.7m)
Total Stockholder Equity = 1.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.31% (Net Income 440.4m / Total Assets 4.36b)
RoE = 24.36% (Net Income TTM 440.4m / Total Stockholder Equity 1.81b)
RoCE = 22.94% (EBIT 616.7m / Capital Employed (Equity 1.81b + L.T.Debt 880.2m))
RoIC = 15.18% (NOPAT 453.0m / Invested Capital 2.98b)
WACC = 5.94% (E(7.24b)/V(8.58b) * Re(6.72%) + D(1.34b)/V(8.58b) * Rd(2.32%) * (1-Tc(0.27)))
Discount Rate = 6.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.11 | Cagr: -1.13%
[DCF] Terminal Value 77.97% ; FCFF base≈494.7m ; Y1≈567.1m ; Y5≈834.6m
[DCF] Fair Price = 44.09 (EV 12.6b - Net Debt 1.12b = Equity 11.4b / Shares 259.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -27.76 | EPS CAGR: -9.74% | SUE: 1.20 | # QB: 2
Revenue Correlation: 97.74 | Revenue CAGR: 11.32% | SUE: 0.55 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.40 | Chg30d=+0.00% | Revisions=-25% | Analysts=6
EPS current Year (2026-09-30): EPS=1.54 | Chg30d=-0.27% | Revisions=+33% | GrowthEPS=-1.1% | GrowthRev=-6.9%
EPS next Year (2027-09-30): EPS=1.72 | Chg30d=+1.52% | Revisions=+11% | GrowthEPS=+11.2% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +33%