TTI Stock Analysis: Tetra Technologies | NYSE

Conglomerates | NYSE, USA | Market Cap: 1.375m USD | 12M Return: 166.1% | Charts, Fundamentals & Technical Analysis

Brine Fluids, Calcium Chloride, Zinc Bromide, Water Management
Total Rating 64
Safety 71
Buy Signal 0.10
Conglomerates
Industry Rotation: -3.9
Market Cap: 1.37B
Avg Turnover: 17.0M
Risk 3d forecast
Volatility55.0%
VaR 5th Pctl9.13%
VaR vs Median0.73%
Reward TTM
Sharpe Ratio1.93
Rel. Str. IBD89.5
Rel. Str. Peer Group83.8
Character TTM
Beta1.416
Beta Downside1.702
Hurst Exponent0.399
Drawdowns 3y
Max DD67.43%
CAGR/Max DD0.51
CAGR/Mean DD1.11
EPS (Earnings per Share) EPS (Earnings per Share) of TTI over the last years for every Quarter: "2021-06": -0.02, "2021-09": 0.01, "2021-12": -0.009, "2022-03": 0.06, "2022-06": 0.05, "2022-09": 0.02, "2022-12": 0.02, "2023-03": 0.03, "2023-06": 0.13, "2023-09": 0.07, "2023-12": 0.03, "2024-03": 0.05, "2024-06": 0.07, "2024-09": -0.02, "2024-12": 0.03, "2025-03": 0.03, "2025-06": 0.09, "2025-09": 0.04, "2025-12": 0.02, "2026-03": 0.06,
EPS CAGR: -13.70%
EPS Trend: -42.5%
Last SUE: 1.10
Qual. Beats: 1
Revenue Revenue of TTI over the last years for every Quarter: 2021-06: 102.326, 2021-09: 95.474, 2021-12: 113.148, 2022-03: 130.037, 2022-06: 140.716, 2022-09: 135.012, 2022-12: 147.448, 2023-03: 146.209, 2023-06: 175.463, 2023-09: 151.464, 2023-12: 153.126, 2024-03: 150.972, 2024-06: 171.935, 2024-09: 141.7, 2024-12: 134.504, 2025-03: 157.14, 2025-06: 173.872, 2025-09: 153.239, 2025-12: 146.681, 2026-03: 156.253,
Rev. CAGR: 0.27%
Rev. Trend: 13.1%
Last SUE: 0.49
Qual. Beats: 0

Warnings

P/E Ratio 155.0
Choppy

Tailwinds

Rs Leader

Seasonality 10.5 years of data

Jan +1.3% 2
Feb -2.9% 27
Mar -6.4% 25
Apr -2.3% 17
May +0.4% 13
Jun +3.0% 11
Jul +7.1% 23
Aug +1.3% 5
Sep +3.1% 9
Oct +5.6% 9
Nov -3.8% 21
Dec +2.3% 6

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.

Description: TTI Tetra Technologies

TETRA Technologies (NYSE: TTI) is a U.S.-based energy services company operating in the Oil & Gas Equipment & Services sub-industry through two main segments: Completion Fluids & Products, which supplies clear brine fluids, additives, and calcium chloride products to oil and gas operators globally, and Water & Flowback Services, which provides water management, frac flowback, and production testing for onshore operators. The company serves customers across the United States, Latin America, Europe, Asia, the Middle East, and Africa. Founded in 1981 and headquartered in Spring, Texas, TTI also markets its TETRA PureFlow ultra-pure zinc bromide to battery technology companies, reflecting a modest extension of its chemicals business into the energy storage supply chain.

As a small-cap oilfield services provider, TTIs revenue is closely tied to drilling and completion activity levels in major hydrocarbon basins, though its zinc bromide offering to battery makers represents a small diversification away from pure oil and gas demand cycles.

Headlines to Watch Out For
  • US shale completion activity drives fluids demand
  • PureFlow zinc bromide battery sales accelerate revenue growth
  • WTI oil price weakness pressures customer drilling budgets
Piotroski VR-10 (Strict) 4.5
Net Income: 7.28m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.80 > 1.0
NWC/Revenue: 23.82% < 20% (prev 29.19%; Δ -5.37% < -1%)
CFO/TA 0.13 > 3% & CFO 84.6m > Net Income 7.28m
Net Debt (231.4m) to EBITDA (86.0m): 2.69 < 3
Current Ratio: 2.02 > 1.5 & < 3
Outstanding Shares: last quarter (137.3m) vs 12m ago 2.66% < -2%
Gross Margin: 24.57% > 18% (prev 25.07%; Δ -0.50% > 0.5%)
Asset Turnover: 98.72% > 50% (prev 98.57%; Δ 0.15% > 0%)
Interest Coverage Ratio: 3.08 > 6 (EBIT TTM 48.8m / Interest Expense TTM 15.8m)
Altman Z'' 2.03
A: 0.23 (Total Current Assets 297.2m - Total Current Liabilities 147.1m) / Total Assets 662.3m
B: -0.24 (Retained Earnings -157.1m / Total Assets 662.3m)
C: 0.08 (EBIT TTM 48.8m / Avg Total Assets 638.2m)
D: 0.76 (Book Value of Equity 286.9m / Total Liabilities 376.7m)
Altman-Z'' = 2.03 = BBB
Beneish M -3.17
DSRI: 0.92 (Receivables 115.8m/120.9m, Revenue 630.0m/605.3m)
GMI: 1.02 (GM 25.07% / 24.57%)
AQI: 0.82 (AQ_t 0.19 / AQ_t-1 0.23)
SGI: 1.04 (Revenue 630.0m / 605.3m)
TATA: -0.12 (NI 7.28m - CFO 84.6m) / TA 662.3m)
Beneish M = -3.17 (Cap -4..+1) = AA
What is the price of TTI shares?

As of July 11, 2026, the stock is trading at USD 9.42 with a total of 704,018 shares traded. Over the past week, the price has changed by -8.10%, over one month by -3.68%, over three months by +8.53% and over the past year by +166.10%.

Current recommended Stop Loss: 8.60 (which is 8.7% or 1.5 ATR below the current price).

Is TTI a buy, sell or hold?

Tetra Technologies has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy TTI.

  • StrongBuy: 3
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the TTI price?
Analysts Target Price 13.1 39.4%
Tetra Technologies (TTI) - Fundamental Data Overview as of 11 July 2026
Market Cap USD = 1.37b (1.37b USD * 1.0 USD.USD)
P/E Trailing = 155.0
P/E Forward = 12.7065
P/S = 2.182
P/B = 5.2815
P/EG = 1.8232
Revenue TTM = 630.0m USD
EBIT TTM = 48.8m USD
EBITDA TTM = 86.0m USD
Long Term Debt = 175.9m USD (from longTermDebt, last quarter)
Short Term Debt = 17.8m USD (from shortTermDebt, last quarter)
Debt = 266.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 42.5m
Net Debt = 231.4m USD (calculated: Debt 266.9m - CCE 35.5m)
Enterprise Value = 1.61b USD (1.37b + Debt 266.9m - CCE 35.5m)
Interest Coverage Ratio = 3.08 (Ebit TTM 48.8m / Interest Expense TTM 15.8m)
EV/FCF = 598.2x (Enterprise Value 1.61b / FCF TTM 2.69m)
FCF Yield = 0.17% (FCF TTM 2.69m / Enterprise Value 1.61b)
FCF Margin = 0.43% (FCF TTM 2.69m / Revenue TTM 630.0m)
Net Margin = 1.15% (Net Income TTM 7.28m / Revenue TTM 630.0m)
Gross Margin = 24.57% ((Revenue TTM 630.0m - Cost of Revenue TTM 475.2m) / Revenue TTM)
Gross Margin QoQ = 24.46% (prev 21.80%)
Tobins Q-Ratio = 2.42 (Enterprise Value 1.61b / Total Assets 662.3m)
Interest Expense / Debt = 5.94% (Interest Expense 15.8m / Debt 266.9m)
Taxrate = 28.22% (3.27m / 11.6m)
NOPAT = 35.1m (EBIT 48.8m * (1 - 28.22%))
Current Ratio = 2.02 (Total Current Assets 297.2m / Total Current Liabilities 147.1m)
Debt / Equity = 0.93 (Debt 266.9m / totalStockholderEquity, last quarter 286.9m)
Debt / EBITDA = 2.69 (Net Debt 231.4m / EBITDA 86.0m)
Debt / FCF = 86.17 (Net Debt 231.4m / FCF TTM 2.69m)
Total Stockholder Equity = 289.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.14% (Net Income 7.28m / Total Assets 662.3m)
RoE = 2.51% (Net Income TTM 7.28m / Total Stockholder Equity 289.6m)
RoCE = 10.49% (EBIT 48.8m / Capital Employed (Equity 289.6m + L.T.Debt 175.9m))
RoIC = 6.99% (NOPAT 35.1m / Invested Capital 501.6m)
WACC = 9.87% (E(1.37b)/V(1.64b) * Re(10.96%) + D(266.9m)/V(1.64b) * Rd(5.94%) * (1-Tc(0.28)))
Discount Rate = 10.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 82.22 | Cagr: 2.44%
[DCF] Terminal Value 70.29% ; FCFF base≈2.69m ; Y1≈2.70m ; Y5≈2.86m
 [DCF] Fair Price = N/A (negative equity: EV 35.3m - Net Debt 231.4m = -196.1m; debt exceeds intrinsic value)
 EPS Correlation: -42.49 | EPS CAGR: -13.70% | SUE: 1.10 | # QB: 1
Revenue Correlation: 13.10 | Revenue CAGR: 0.27% | SUE: 0.49 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=-6.25% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=+9.09% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=+4.08% | Revisions=+40% | GrowthEPS=-1.9% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=0.41 | Chg30d=+4.18% | Revisions=-40% | GrowthEPS=+62.1% | GrowthRev=+10.0%
[Analyst] Revisions Ratio: +0% (up=3, down=3)