
Tetra Tech, Inc.
NASDAQ•TTEK
CEO: Mr. Dan L. Batrack
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 1991-12-17
Tetra Tech, Inc. provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments; and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, project management, and operations and maintenance services; and environmental remediation and reconstruction services, and industrial water treatment services. This segment serves natural resources, energy, and utilities markets, as well as sustainable infrastructure master planning and engineering design for facilities, transportation, and local development projects. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Contact Information
Market Cap
$9.22B
P/E (TTM)
37.4
32.9
Dividend Yield
0.7%
52W High
$43.50
52W Low
$27.27
52W Range
Rank13Top 1.3%
7.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 7.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q4 2025 Data
Revenue
$1.33B-3.23%
4-Quarter Trend
EPS
$0.49+40.00%
4-Quarter Trend
FCF
$95.61M-3.22%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strong Adjusted EPS Growth Adjusted diluted EPS 1.11 USD, up 26.1%; excludes 207.4M USD non-recurring charges and goodwill impairment costs.
Operating Cash Flow Surge Net cash provided by operating activities 356.8M USD, up 41.0%, driven by higher earnings and cash collections.
Robust GSG Segment Revenue Government Services Group revenue 2.09B USD, up 15.1%, reflecting increased U.S. federal and state/local disaster response work.
Total Revenue Expansion Total revenue 4.11B USD, up 7.5%; growth primarily driven by U.S. government sectors and recent acquisitions.
Risk Factors
Significant Net Income Drop Net income 120.1M USD, down 49.4%, due to 115.0M USD legal contingency charge and 92.4M USD goodwill impairment.
Backlog Decreased 20.4% Backlog 4.28B USD, decreased 20.4% (1.1B USD reduction) compared to fiscal 2024 year-end due to USAID contract cancellations.
Goodwill Impairment Charge Recorded 92.4M USD non-cash goodwill impairment charge in GDS segment following cancellation of USAID foreign aid programs.
High Legal Contingency Cost Recorded 115.0M USD non-recurring charge for legal contingencies related to TtEC litigation settlement with the United States.
Outlook
Increased Stock Repurchase Capacity Board authorized additional 500M USD stock repurchase program; remaining balance 647.8M USD under programs as of June 29, 2025.
Long-Term Debt Refinancing Entered 1.5B USD Amended Credit Agreement maturing May 2030; maintains strong leverage ratio 1.31x and coverage ratio 16.67x.
Expect Lower USAID Revenue USAID revenue expected significantly lower in Q4 2025 due to contract cancellations; non-USAID federal revenue expected to grow.
Strong Liquidity Position Cash and equivalents 242.8M USD; 999.3M USD available borrowings under credit facility to meet capital needs.
Peer Comparison
Revenue (TTM)
$15.59B
PRIM$7.46B
PSN$6.49B
Gross Margin (Latest Quarter)
42.0%
40.4%
GTLS34.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DY | $10.26B | 34.5 | 22.2% | 32.0% |
| SPXC | $9.77B | 44.9 | 13.7% | 14.5% |
| TTEK | $9.22B | 37.4 | 14.6% | 23.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.2%
Flat Growth
4Q Net Income CAGR
455.1%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Reports
All Years
Form 10-K - FY 2025
Period End: Sep 28, 2025|Filed: Nov 20, 2025|Revenue: $5.44B+4.7%|EPS: $0.94-24.8%BeatForm 10-Q - Q3 2025
Period End: Jun 29, 2025|Filed: Aug 1, 2025|Revenue: $1.15B-14.2%|EPS: $0.43+34.4%BeatForm 10-Q - Q2 2025
Period End: Mar 30, 2025|Filed: May 8, 2025|Revenue: $1.32B+5.6%|EPS: $0.02-93.0%MissForm 10-Q - Q1 2025
Period End: Dec 29, 2024|Filed: Jan 31, 2025|Revenue: $1.42B+15.7%|EPS: $0.00-99.0%MissForm 10-K - FY 2024
Period End: Sep 29, 2024|Filed: Nov 19, 2024|Revenue: $5.20B+14.9%|EPS: $1.25+21.4%BeatForm 10-Q - Q3 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $1.34B+11.2%|EPS: $0.32+39.1%BeatForm 10-Q - Q2 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $1.25B+8.1%|EPS: $0.29+81.3%BeatForm 10-Q - Q1 2024
Period End: Dec 31, 2023|Filed: Feb 2, 2024|Revenue: $1.23B+37.3%|EPS: $0.28-36.4%Beat