TTEK Financials Tetra Tech Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 12.7% per year over the past 5 years.
Net income has grown slower than revenue (7.4% vs 12.7% per year).
Operating margin has been roughly flat, at 7.5% in the latest year.
Free cash flow has grown 11.9% per year over the past 5 years.

Financial health

Total debt ($775M) exceeds cash ($167M); net debt is $608M.
Total debt has grown faster than revenue (21.6% vs 12.7% per year).
Operating income covered interest expense 10× in the latest year.
Total debt is 1.7× EBITDA.

Shareholder returns

Dividends have been paid for 12 consecutive years, consuming 26.2% of earnings and 14.8% of free cash flow.
The dividend has grown 13.4% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$5.4B	$248M	17.7%	7.5%	$439M	$775M	$167M
2024	$5.2B	$333M	16.7%	9.6%	$341M	$825M	$233M
2023	$4.5B	$273M	16.0%	7.9%	$342M	$895M	$169M
2022	$3.5B	$263M	16.4%	9.7%	$326M	$259M	$185M
2021	$3.2B	$233M	15.5%	8.7%	$296M	$213M	$167M
2020	$3.0B	$174M	14.9%	8.1%	$250M	$292M	$158M
2019	$3.1B	$159M	13.1%	6.1%	$192M	$276M	$121M
2018	$3.0B	$137M	13.0%	6.4%	$176M	—	$146M
2017	$2.8B	$118M	12.8%	6.7%	$132M	—	$190M
2016	—	$84M	—	—	$130M	—	$160M
2015	—	$39M	—	—	—	—	$135M
2014	—	$109M	—	—	—	—	$122M
2013	—	-$2M	—	—	—	—	$129M
2012	—	$105M	—	—	—	—	$105M
2011	—	$93M	—	—	$113M	—	$90M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$1.2B	$94M	17.5%	10.8%	$159M	$883M	$224M
Dec '25	$1.2B	$105M	18.2%	11.6%	$68M	$837M	$269M
Sep '25	$1.3B	$128M	20.6%	13.6%	$96M	$775M	$167M
Jun '25	$1.4B	$114M	18.4%	12.0%	$346M	$862M	$243M
Mar '25	$1.3B	$5M	16.2%	3.0%	-$11M	$1.0B	$179M
Dec '24	$1.4B	$778000	15.6%	1.6%	$10M	$888M	$248M
Sep '24	$1.4B	$96M	17.8%	10.4%	$99M	$825M	$233M
Jun '24	$1.3B	$86M	16.6%	9.6%	$137M	$862M	$212M
Mar '24	$1.3B	$76M	16.6%	9.4%	$99M	$951M	$210M
Dec '23	$1.2B	$75M	15.5%	9.0%	$6M	$945M	$199M
Oct '23	$1.3B	$54M	16.8%	8.5%	$113M	$895M	$169M
Jul '23	$1.2B	$60M	15.6%	8.1%	$126M	$907M	$176M
Apr '23	$1.2B	$43M	14.8%	5.3%	$83M	$1.1B	$231M
Jan '23	$895M	$117M	17.1%	10.3%	$20M	$234M	$164M
Oct '22	$903M	$83M	17.3%	10.5%	$58M	$259M	$185M
Jul '22	$890M	$59M	16.2%	9.4%	$96M	$234M	$217M
Apr '22	$853M	$53M	15.9%	8.7%	$91M	$238M	$194M
Jan '22	$859M	$68M	16.3%	10.2%	$81M	$247M	$206M
Oct '21	$892M	$83M	16.1%	9.2%	$75M	$213M	$167M
Jun '21	$802M	$52M	15.7%	8.7%	$67M	$234M	$234M

Valuation over time

How the market has priced TTEK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 144.9× (Mar '23) to 29.8× (Jun '26).
The price-to-sales ratio has fallen from 10.9× (Mar '23) to 1.4× (Jun '26).
The dividend yield has risen from 0.1% (Mar '23) to 0.9% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TTEK growing its revenue and profit?

Over the past 5 years, Tetra Tech Inc's revenue has grown 12.7% per year, and net income grown 7.4% per year. These are computed facts, not advice.

How much debt does TTEK have?

As of FY2025, Tetra Tech Inc reported $775M of total debt against $167M of cash; operating income covered interest expense 10×.

What is TTEK's profit margin?

In FY2025, gross margin was 17.7%, operating margin 7.5%, and net margin 4.6%.

What is TTEK's P/E ratio?

As of Jun '26, Tetra Tech Inc traded at a price-to-earnings ratio of about 29.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.