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TETRA TECHNOLOGIES INC TTI

NYSE · stock · Crude Petroleum & Natural Gas · website · IPO 1990-04-03 · LEI

TETRA TECHNOLOGIES INC statistics & valuation

Market cap$1.6B
P / E528.9×
P / S2.5×
P / B5.6×
P / FCF81.3×
Net margin0.5%
Return on equity1.1%
FCF margin3.1%
Net debt$117.4M
Net debt / EBITDA1.3×
Enterprise value USD$1.7B
EV / EBITDA18.5×
Earnings yield EBIT/EV3.2%
Return on capital10.8%
Graham number -88.9%$0.97

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 ($0.97); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-23.20% -4.80% -11.00% -26.30% -13.50% 26.60% 1.40% 4.10% 18.10% 0.50% 2016201720182019202020212022202320242025
Gross margin (%)
8.80% 13.20% 18.40% 2.10% 17.90% 15.30% 21.90% 24.50% 23.30% 24.70% 2016201720182019202020212022202320242025
Operating margin (%)
7.20% 8.30% 8.80% 2016201720182019202020212022202320242025
Return on equity (%)
-40.30% -11.10% -19.70% -90.50% -72.00% 103.60% 7.30% 17.40% 42.50% 1.10% 2016201720182019202020212022202320242025
Shares outstanding
115.0M 115.9M 125.7M 125.6M 126.0M 126.9M 129.8M 131.2M 132.2M 135.2M 2016201720182019202020212022202320242025
Net debt ($)
$593.9M $603.7M $775.5M $827.5M $132.6M $120.4M $142.9M $105.0M $142.7M $117.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-12.30% -3.00% -4.40% -11.60% -4.50% 25.90% 1.80% 5.40% 17.90% 0.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
5.00% 1.50% -17.00% -3.20% 12.60% -4.10% -3.80% 5.10% -4.00% 3.10% 2016201720182019202020212022202320242025
Debt / equity (×)
1.56× 1.79× 2.61× 5.18× 2.81× 1.52× 1.45× 1.06× 0.71× 0.67× 2016201720182019202020212022202320242025
EPS ($)
-$1.85 -$0.34 -$0.50 -$1.17 -$0.41 $0.82 $0.06 $0.20 $0.82 $0.02 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 TECHNOLOGIES INC trades at about 437× earnings — above its 10-year norm (10-year range 3.6×–570×, median 42.5×).

3.6× 570×

Shaded band = 10-year range (3.6×–570×); dot = today's 437×.

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 margin24.7%23.3%24.5%21.9%15.3%17.9%2.1%18.4%13.2%8.8%
Operating margin8.8%8.3%7.2%———————
Net margin0.5%18.1%4.1%1.4%26.6%-13.5%-26.3%-11.0%-4.8%-23.2%
FCF margin3.1%-4.0%5.1%-3.8%-4.1%12.6%-3.2%-17.0%1.5%5.0%
Return on assets0.4%17.9%5.4%1.8%25.9%-4.5%-11.6%-4.4%-3.0%-12.3%
Return on equity1.1%42.5%17.4%7.3%103.6%-72.0%-90.5%-19.7%-11.1%-40.3%
Debt / equity0.67×0.71×1.06×1.45×1.52×2.81×5.18×2.61×1.79×1.56×
Current ratio1.962.192.241.922.171.171.862.001.952.36

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.