Tetra Tech, Inc. TTEK
- Market cap
- $8.6B
- P/E
- 20.3×
Follow TTEK
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.57 | 7.77 | 8.93 | 9.70 | 12.72 | 22.63 | 23.71 | 26.24 | 31.61 | 27.27 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 8.86 | 10.18 | 14.51 | 18.07 | 25.44 | 38.58 | 35.29 | 34.65 | 51.20 | 42.98 |
High Price
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| 16,000 | 16,000 | 17,000 | 20,000 | 20,000 | 21,000 | 21,000 | 27,000 | 30,000 | 25,000 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 2,583 | 2,753 | 2,964 | 3,107 | 2,995 | 3,214 | 3,504 | 4,523 | 5,199 | 5,443 |
Revenue
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| 12.78% | 12.84% | 12.97% | 13.14% | 14.91% | 15.51% | 16.43% | 16.03% | 16.67% | 17.66% |
Gross Margin
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| 124 | 172 | 175 | 175 | 228 | 267 | 349 | 401 | 463 | 378 |
EBT
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| 4.82% | 6.24% | 5.89% | 5.64% | 7.61% | 8.30% | 9.95% | 8.87% | 8.92% | 6.94% |
EBT Margin
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| 84 | 118 | 137 | 159 | 174 | 233 | 263 | 273 | 333 | 248 |
Net Income
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| 46 | 59 | 58 | 54 | 60 | 47 | 53 | 90 | 105 | 185 |
Depreciation
|
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| 8.88 | 9.68 | 10.65 | 11.30 | 11.04 | 11.88 | 13.07 | 17.00 | 19.44 | 20.56 |
Revenue/Sh
|
|||
| 0.29 | 0.41 | 0.49 | 0.58 | 0.64 | 0.86 | 0.98 | 1.03 | 1.25 | 0.94 |
Earnings/Sh
|
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| 0.49 | 0.50 | 0.67 | 0.76 | 0.97 | 1.13 | 1.25 | 1.39 | 1.34 | 1.73 |
Cash Flow/Sh
|
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| (0.03) | (0.03) | (0.03) | (0.06) | 0.02 | (0.03) | (0.02) | (0.10) | (0.07) | (0.07) |
Capex/Sh
|
|||
| 0.46 | 0.47 | 0.63 | 0.70 | 0.99 | 1.10 | 1.23 | 1.29 | 1.28 | 1.66 |
Free CF/Sh
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| 2.99 | 3.26 | 3.47 | 3.60 | 3.83 | 4.56 | 4.41 | 5.28 | 6.85 | 6.72 |
Book Value/Sh
|
|||
| 291 | 285 | 278 | 275 | 271 | 270 | 268 | 266 | 267 | 265 |
Shares
|
|||
| 24.79 | 22.89 | 27.80 | 30.12 | 29.75 | 34.65 | 26.13 | 29.58 | 37.79 | 35.40 |
PE Ratio
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| 0.80 | 0.97 | 1.28 | 1.54 | 1.73 | 2.51 | 1.97 | 1.78 | 2.43 | 1.62 |
PS Ratio
|
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| 2.37 | 2.89 | 3.92 | 4.82 | 4.99 | 6.54 | 5.83 | 5.74 | 6.89 | 4.96 |
PB Ratio
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| 0.87 | 1.04 | 1.32 | 1.59 | 1.77 | 2.53 | 1.99 | 1.95 | 2.55 | 1.78 |
EV/Sales
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| 16.89 | 21.50 | 22.28 | 25.53 | 19.83 | 27.41 | 21.14 | 25.81 | 38.83 | 22.01 |
EV/FCF
|
|||
| 142 | 141 | 186 | 209 | 262 | 304 | 336 | 368 | 359 | 458 |
Op' Cash Flow
|
|||
| (9) | (9) | (10) | (16) | 5 | (8) | (7) | (26) | (17) | (18) |
Capex
|
|||
| 133 | 133 | 176 | 193 | 268 | 296 | 330 | 342 | 341 | 440 |
FCF
|
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| 454 | 504 | 432 | 310 | 206 | 217 | 242 | 148 | 308 | 242 |
Working Cap'
|
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| 347 | 357 | 277 | 276 | 292 | 213 | 259 | 945 | 813 | 763 |
Total Debt
|
|||
| 187 | 167 | 131 | 156 | 134 | 46 | 74 | 776 | 580 | 596 |
Net Debt
|
|||
| 869 | 929 | 967 | 989 | 1,037 | 1,234 | 1,183 | 1,404 | 1,830 | 1,780 |
Sh' Equity
|
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| 4.99% | 6.37% | 7.09% | 7.73% | 7.68% | 9.40% | 10.12% | 8.49% | 8.32% | 5.85% |
ROA
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| 8.04% | 10.46% | 10.82% | 10.30% | 12.86% | 13.61% | 16.93% | 10.27% | 12.98% | 10.74% |
ROIC
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| 9.71% | 13.11% | 14.44% | 16.22% | 17.16% | 20.50% | 21.77% | 21.14% | 20.62% | 13.72% |
ROE
|
|||
Tetra Tech, Inc. peers in Engineering & Construction
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DY Dycom Industries, Inc. | $8.2B | 24.4× | Compare |
| ACM AECOM | $7.7B | 27.6× | Compare |
| ACA Arcosa, Inc. | $7.2B | 14.7× | Compare |
| FLR Fluor Corporation | $6.9B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ECG Everus Construction Group, Inc. | $6.1B | 23.5× | Compare |
| IESC IES Holdings, Inc. | $12.8B | 28.4× | Compare |
| LGN Legence Corp. | $5.7B | 0.0× | Compare |
| AGX Argan, Inc. | $5.1B | 28.3× | Compare |
Tetra Tech, Inc. (TTEK) key facts
- Tetra Tech, Inc. (TTEK) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
- Tetra Tech, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $5.4 billion, up 4.69% from fiscal 2024.
- Net income was $247.9 million, or $0.94 per share (basic), a net margin of 4.55%.
- As of September 25, 2026, TTEK traded at $33.91, a market capitalization of $8.6 billion.
- At that price the stock trades at 20.3× trailing-twelve-month earnings and 1.7× sales.
- Tetra Tech, Inc. pays an annual dividend of $1.04 per share, a yield of 0.63%, with a payout ratio of 16.8%.
- Return on equity was 13.7% and debt-to-equity 0.43.
Tetra Tech, Inc. (TTEK) Latest News
23 Sep
CECO Environmental's Industrial Process Solutions (IPS) segment showed solid momentum in Q2 2026, with IPS revenue up 8.4% YoY to $61.7 million (21.6% of quarterly revenue) and IPS orders at $90.3 million, up 81% YoY (157% organic). CECO's scrubber tech demand remains strong in semiconductor and international markets, feeding a backlog of $1.82 billion, up 129% from 2025-end. The backlog is well diversified, supporting cash flow as CECO expands in power, gas infrastructure, industrial and semiconductor activity. CECO raised the lower end of its 2026 revenue outlook to $1.300-$1.375 billion, with adjusted EBITDA of $200-$225 million and free cash flow conversion at least 55% of adjusted EBITDA. TTEK is cited as a peer benefiting from ongoing water, environmental and defense program investments. Tetra Tech is identified as a peer benefiting from water/environmental and defense programs.
21 Sep
RBC maintains Tetra Tech's outlook as intact after European investor meetings, signaling no change to the growth path. Focus remains on Water, Environmental Services and Clean Energy as the key segments expected to drive performance; no new guidance or earnings figures are provided, but the reaffirmed outlook suggests positive sentiment from European investors. Outlook reaffirmation offers moderate sentiment support without new numbers or strategic shifts.
14 Sep
Tetra Tech's board approved an additional share buyback program. Share buybacks can support stock price and signal management confidence but rarely shift long-term fundamentals or competitive position.
10 Sep
Tetra Tech increases its share repurchase program by $500 million. Expanded buyback program supports share price and signals capital return focus without altering core operations.
7 Sep
Tetra Tech navigates growth amid uncertainty in infrastructure investments that may affect project pipelines and revenue stability. Infrastructure spending uncertainty can moderately influence Tetra Tech contract flow and investor sentiment without immediate transformative effects.
4 Sep
Tetra Tech lands EPA contract after stock rally, raising questions on whether shares are fully valued. EPA contract win delivers moderate revenue upside for Tetra Tech but follows prior rally and invites valuation scrutiny.
3 Sep
Tetra Tech won an EPA contract, indicating its stock could be undervalued by 24%. EPA contract win signals major revenue potential and upward revaluation for Tetra Tech.
24 Aug
Greenland Mines has released the first S-K 1300 Mineral Resource Estimate for Sarfartoq in Greenland, delivering the initial indicated resource and first combined open pit/underground estimate for the Nd-Pr magnet rare earths project. Landmark resource estimate advances development of critical rare earths project with potential operational benefits.
20 Aug
Tetra Tech wins $49M NOAA contract for geospatial and engineering services. Contract adds revenue but remains modest relative to overall operations and trajectory.
8 Aug
Tetra Tech raised its 2026 guidance and reported a record backlog, raising questions on whether the stock remains undervalued. Raised 2026 guidance and record backlog signal strong growth and positive market positioning for Tetra Tech.
7 Aug
Tetra Tech (TTEK) released its Q3 2026 earnings call transcript covering financial results, operational performance, and forward guidance. Q3 earnings details and guidance provide financial updates that moderately affect valuation and investor sentiment.
31 Jul
Tetra Tech reports Q2 results with rising water infrastructure demand driving backlog growth and supporting a positive company outlook. Water infrastructure demand and backlog expansion signal major revenue growth and strengthened competitive position ahead.
30 Jul
Tetra Tech reported record cash flow and backlog growth during its Q3 2026 earnings call. Record cash flow and backlog growth point to strong operational results that can materially lift future performance and investor sentiment.
Tetra Tech, Inc. released its Q3 2026 earnings call summary covering financial performance, operational updates, and forward guidance. Earnings results and guidance directly shape near-term valuation and investor positioning for TTEK.
Tetra Tech reported Q3 results during its earnings call, noting revenue growth, backlog expansion in water and infrastructure projects, and reaffirmed full-year guidance amid steady demand. Q3 earnings update and guidance offer moderate financial details likely to influence near-term investor sentiment without major strategic shifts.
Tetra Tech reported Q3 earnings that beat estimates, driven by growth in core markets. Q3 earnings beat on core market growth signals improved financial performance with moderate positive effect on near-term results and sentiment.
29 Jul
Tetra Tech beats expectations with strong Q2 CY2026 results. Earnings beat signals robust performance likely to lift valuation and sentiment.
Tetra Tech, Inc. (TTEK) reported strong third quarter 2026 results. Strong quarterly results signal improved financial health and positive effects on future performance and investor sentiment.
28 Jul
Tetra Tech (TTEK) prepares to report Q2 earnings with analyst focus on revenue, EPS, and backlog growth in water, environment, and infrastructure projects. Q2 earnings release and related metrics can shift near-term stock price and investor views on operations.
23 Jul
Tetra Tech wins EPA water contract while analysts question if 24% stock upside remains achievable. EPA contract win offers revenue and sentiment lift but does not fundamentally shift long-term trajectory or competitive position.
22 Jul
Tetra Tech wins major PFAS and EPA contracts that may strengthen its investment case and future performance. Major PFAS and EPA contract wins signal significant strategic growth for Tetra Tech.
21 Jul
Tetra Tech selected to design largest dedicated PFAS water treatment facility in the United States. Major contract win for largest PFAS facility strengthens revenue pipeline and market position.
19 Jun
Tetra Tech gains relevance as data centers encounter water and permitting constraints that favor its services. Data center water and permitting constraints directly boost Tetra Tech demand and growth outlook.
11 Jun
Tetra Tech reported Q1 earnings, triggering analysis of whether the stock merits a buy, sell or hold decision based on financial results and outlook. Q1 earnings release supplies fresh financial data that can shift near-term TTEK valuation and sentiment.
10 Jun
Tetra Tech secured a contract for Columbia River dam upgrades. Contract adds project revenue with moderate but non-transformative effect on overall performance.
9 Jun
Tetra Tech selected as lead designer for hydropower dam modernization contract. Contract win adds to Tetra Tech infrastructure backlog and supports near-term revenue visibility.
6 May
Tetra Tech, Inc. beat earnings expectations. Analysts predict continued strong performance amid positive outlook. Earnings beat and analyst forecasts signal major positive shift in financial trajectory and investor sentiment.
4 May
Wall Street analysts forecast a 30.5% rally for Tetra Tech (TTEK) stock, citing strong upside potential and providing specific trading strategies. Analysts' 30.5% upside prediction for TTEK could moderately influence investor sentiment and short-term stock performance.
2 May
Tetra Tech (TTEK) Q1 results show margin expansion and backlog growth, signaling resilient demand. Margin expansion and backlog growth indicate strong profitability and secured future revenue for TTEK.
1 May
Tetra Tech (TTEK) beat Q2 earnings expectations, raised its dividend, and announced share buybacks, triggering a valuation reassessment amid strong performance. Strong Q2 earnings beat, dividend hike, and buybacks represent major financial signals boosting valuation, investor sentiment, and market trajectory.