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 Aug 4, 2026, 19:40 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$5.4B	$248M	17.7%	7.5%	13.9%	5.8%	$439M	$775M	$167M
2024	$5.2B	$333M	16.7%	9.6%	18.2%	8.0%	$341M	$825M	$233M
2023	$4.5B	$273M	16.0%	7.9%	19.5%	7.2%	$342M	$895M	$169M
2022	$3.5B	$263M	16.4%	9.7%	22.2%	10.0%	$326M	$259M	$185M
2021	$3.2B	$233M	15.5%	8.7%	18.9%	9.0%	$296M	$213M	$167M
2020	$3.0B	$174M	14.9%	8.1%	16.8%	7.3%	$250M	$292M	$158M
2019	$3.1B	$159M	13.1%	6.1%	16.0%	7.4%	$192M	$276M	$121M
2018	$3.0B	$137M	13.0%	6.4%	14.2%	7.0%	$176M	—	$146M
2017	$2.8B	$118M	12.8%	6.7%	12.7%	6.2%	$132M	—	$190M
2016	—	$84M	—	—	9.6%	4.7%	$130M	—	$160M
2015	—	$39M	—	—	4.6%	2.5%	—	—	$135M
2014	—	$109M	—	—	10.7%	6.1%	—	—	$122M
2013	—	-$2M	—	—	-0.2%	-0.1%	—	—	$129M
2012	—	$105M	—	—	10.3%	6.3%	—	—	$105M
2011	—	$93M	—	—	10.9%	5.8%	$113M	—	$90M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.3B	$110M	18.6%	12.1%	5.9%	2.5%	$225M	$804M	$231M
Mar '26	$1.2B	$94M	17.5%	10.8%	5.0%	2.2%	$159M	$883M	$224M
Dec '25	$1.2B	$105M	18.2%	11.6%	5.7%	2.5%	$68M	$837M	$269M
Sep '25	$1.3B	$128M	20.6%	13.6%	7.2%	3.0%	$96M	$775M	$167M
Jun '25	$1.4B	$114M	18.4%	12.0%	6.5%	2.6%	$346M	$862M	$243M
Mar '25	$1.3B	$5M	16.2%	3.0%	0.3%	0.1%	-$11M	$1.0B	$179M
Dec '24	$1.4B	$778000	15.6%	1.6%	0.0%	0.0%	$10M	$888M	$248M
Sep '24	$1.4B	$96M	17.8%	10.4%	5.3%	2.3%	$99M	$825M	$233M
Jun '24	$1.3B	$86M	16.6%	9.6%	5.2%	2.1%	$137M	$862M	$212M
Mar '24	$1.3B	$76M	16.6%	9.4%	4.8%	1.9%	$99M	$951M	$210M
Dec '23	$1.2B	$75M	15.5%	9.0%	4.9%	1.9%	$6M	$945M	$199M
Oct '23	$1.3B	$54M	16.8%	8.5%	3.8%	1.4%	$113M	$895M	$169M
Jul '23	$1.2B	$60M	15.6%	8.1%	4.1%	1.5%	$126M	$907M	$176M
Apr '23	$1.2B	$43M	14.8%	5.3%	3.2%	1.1%	$83M	$1.1B	$231M
Jan '23	$895M	$117M	17.1%	10.3%	8.8%	4.3%	$20M	$234M	$164M
Oct '22	$903M	$83M	17.3%	10.5%	7.0%	3.2%	$58M	$259M	$185M
Jul '22	$890M	$59M	16.2%	9.4%	4.9%	2.2%	$96M	$234M	$217M
Apr '22	$853M	$53M	15.9%	8.7%	4.3%	2.0%	$91M	$238M	$194M
Jan '22	$859M	$68M	16.3%	10.2%	5.5%	2.6%	$81M	$247M	$206M
Oct '21	$892M	$83M	16.1%	9.2%	6.7%	3.2%	$75M	$213M	$167M

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 risen from 28.6× (Mar '23) to 40.9× (Nov '26).
The price-to-sales ratio has fallen from 2.1× (Mar '23) to 1.9× (Nov '26).
The dividend yield has risen from 0.6% (Mar '23) to 0.6% (Nov '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?

Tetra Tech Inc's P/E (TTM) is 23.19 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TTEK stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 40.9× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.