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TETRA TECH INC TTEK

Nasdaq · stock · Services-Engineering Services · website · IPO 1977-01-07 · LEI

TETRA TECH INC statistics & valuation

P / S1.4×
P / B4.3×
P / FCF17.3×
FCF margin8.1%
Net debt$598.9M
Net debt / EBITDA1.3×
Enterprise value USD$8.2B
EV / EBITDA17.6×
Earnings yield EBIT/EV5%
Return on capital14.1%
Graham number -66.7%$11.81

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($11.81); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
12.80% 12.80% 13.00% 13.10% 14.90% 15.50% 16.40% 16.00% 16.70% 17.70% 2016201720182019202020212022202320242025
Operating margin (%)
5.30% 6.70% 6.40% 6.10% 8.10% 8.70% 9.70% 7.90% 9.60% 7.50% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
294.8M 289.6M 283.0M 279.7M 275.1M 273.4M 270.8M 268.2M 270.0M 267.1M 2016201720182019202020212022202320242025
Net debt ($)
$143.2M $134.1M $45.9M $73.7M $710.7M $579.9M $598.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2016201720182019202020212022202320242025
Free cash flow margin (%)
5.00% 4.80% 5.90% 6.20% 8.40% 9.20% 9.30% 7.60% 6.60% 8.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.27× 0.28× 0.17× 0.22× 0.63× 0.44× 0.43× 2016201720182019202020212022202320242025
EPS ($)
$0.28 $0.41 $0.48 $0.57 $0.63 $0.85 $0.97 $1.02 $1.23 $0.93 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TETRA TECH INC trades at about 38.2× earnings — above its 10-year norm (10-year range 24.1×–41.2×, median 30.8×).

24.1× 41.2×

Shaded band = 10-year range (24.1×–41.2×); dot = today's 38.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin17.7%16.7%16.0%16.4%15.5%14.9%13.1%13.0%12.8%12.8%
Operating margin7.5%9.6%7.9%9.7%8.7%8.1%6.1%6.4%6.7%5.3%
FCF margin8.1%6.6%7.6%9.3%9.2%8.4%6.2%5.9%4.8%5.0%
Debt / equity0.43×0.44×0.63×0.22×0.17×0.28×0.27×
Current ratio1.181.251.121.261.261.261.401.701.941.94

Computed from company filings · US · as of 2025-09-28. Facts plus Stocktoria's own computed scores — not investment advice.