(TTEK) Tetra Tech - Overview
Stock: Consulting, Engineering, Water, Environment, Infrastructure
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.73% |
| Yield on Cost 5y | 1.20% |
| Yield CAGR 5y | -24.29% |
| Payout Consistency | 100.0% |
| Payout Ratio | 16.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.0% |
| Relative Tail Risk | -16.8% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 12.54 |
| Character TTM | |
|---|---|
| Beta | 0.466 |
| Beta Downside | 0.244 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.38% |
| CAGR/Max DD | 0.29 |
Description: TTEK Tetra Tech January 06, 2026
Tetra Tech Inc. (NASDAQ:TTEK) delivers consulting and engineering services centered on water, environmental, and sustainable infrastructure projects for both government and commercial clients worldwide. The firm operates through two divisions: the Government Services Group (GSG), which serves federal, state, local, and international development agencies with water-resource analysis, climate-change consulting, and resilient civil-engineering design; and the Commercial/International Services Group (CIG), which provides similar capabilities to private-sector and international customers, including industrial water reuse, data-center engineering, and advanced manufacturing facilities.
Key performance indicators (as of FY 2023) show total revenue of roughly $1.6 billion, a backlog of about $3.4 billion-indicating a strong pipeline-and an operating margin near 6.5 %. Revenue growth was driven primarily by an 8 % year-over-year increase in water-services contracts, while the company’s cash conversion cycle remained stable at ~45 days. These figures suggest a resilient earnings base but also highlight sensitivity to government-funded project cycles and commercial capital-expenditure trends.
The sector’s outlook is shaped by several macro drivers: (1) heightened U.S. infrastructure spending under the Infrastructure Investment and Jobs Act, which allocates billions to water and wastewater upgrades; (2) growing global water scarcity and stricter ESG regulations that boost demand for sustainable water-management and greenhouse-gas reduction services; and (3) accelerating digitalization of utility networks, creating opportunities for data-analytics and remote-monitoring solutions. Investors should monitor federal budget allocations and international climate-finance flows, as shifts in these areas could materially affect Tetra Tech’s contract pipeline.
For a deeper dive into Tetra Tech’s valuation metrics, you may find ValueRay’s analyst notes useful.
Piotroski VR‑10 (Strict, 0-10) 9.0
| Net Income: 352.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 3.43 > 1.0 |
| NWC/Revenue: 8.00% < 20% (prev 8.09%; Δ -0.10% < -1%) |
| CFO/TA 0.12 > 3% & CFO 516.9m > Net Income 352.2m |
| Net Debt (788.9m) to EBITDA (681.2m): 1.16 < 3 |
| Current Ratio: 1.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (262.7m) vs 12m ago -3.37% < -2% |
| Gross Margin: 20.02% > 18% (prev 0.20%; Δ 1982 % > 0.5%) |
| Asset Turnover: 113.6% > 50% (prev 107.8%; Δ 5.86% > 0%) |
| Interest Coverage Ratio: 20.35 > 6 (EBITDA TTM 681.2m / Interest Expense TTM 30.7m) |
Altman Z'' 3.85
| A: 0.09 (Total Current Assets 1.60b - Total Current Liabilities 1.22b) / Total Assets 4.26b |
| B: 0.45 (Retained Earnings 1.92b / Total Assets 4.26b) |
| C: 0.15 (EBIT TTM 625.0m / Avg Total Assets 4.22b) |
| D: 0.76 (Book Value of Equity 1.85b / Total Liabilities 2.42b) |
| Altman-Z'' Score: 3.85 = AA |
Beneish M -3.16
| DSRI: 0.82 (Receivables 1.08b/1.24b, Revenue 4.80b/4.50b) |
| GMI: 1.00 (GM 20.02% / 19.92%) |
| AQI: 1.02 (AQ_t 0.56 / AQ_t-1 0.55) |
| SGI: 1.07 (Revenue 4.80b / 4.50b) |
| TATA: -0.04 (NI 352.2m - CFO 516.9m) / TA 4.26b) |
| Beneish M-Score: -3.16 (Cap -4..+1) = AA |
What is the price of TTEK shares?
Over the past week, the price has changed by +9.73%, over one month by +16.31%, over three months by +28.99% and over the past year by +25.21%.
Is TTEK a buy, sell or hold?
- StrongBuy: 3
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the TTEK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43.5 | 5.4% |
| Analysts Target Price | 43.5 | 5.4% |
| ValueRay Target Price | 45.6 | 10.3% |
TTEK Fundamental Data Overview February 07, 2026
P/E Forward = 26.5957
P/S = 2.3815
P/B = 5.7542
P/EG = 2.231
Revenue TTM = 4.80b USD
EBIT TTM = 625.0m USD
EBITDA TTM = 681.2m USD
Long Term Debt = 834.3m USD (from longTermDebt, last quarter)
Short Term Debt = 69.7m USD (from shortTermDebt, last quarter)
Debt = 1.06b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 788.9m USD (from netDebt column, last quarter)
Enterprise Value = 11.40b USD (10.61b + Debt 1.06b - CCE 269.4m)
Interest Coverage Ratio = 20.35 (Ebit TTM 625.0m / Interest Expense TTM 30.7m)
EV/FCF = 22.92x (Enterprise Value 11.40b / FCF TTM 497.5m)
FCF Yield = 4.36% (FCF TTM 497.5m / Enterprise Value 11.40b)
FCF Margin = 10.37% (FCF TTM 497.5m / Revenue TTM 4.80b)
Net Margin = 7.34% (Net Income TTM 352.2m / Revenue TTM 4.80b)
Gross Margin = 20.02% ((Revenue TTM 4.80b - Cost of Revenue TTM 3.84b) / Revenue TTM)
Gross Margin QoQ = 18.20% (prev 20.61%)
Tobins Q-Ratio = 2.67 (Enterprise Value 11.40b / Total Assets 4.26b)
Interest Expense / Debt = 0.67% (Interest Expense 7.13m / Debt 1.06b)
Taxrate = 25.68% (36.4m / 141.6m)
NOPAT = 464.5m (EBIT 625.0m * (1 - 25.68%))
Current Ratio = 1.31 (Total Current Assets 1.60b / Total Current Liabilities 1.22b)
Debt / Equity = 0.57 (Debt 1.06b / totalStockholderEquity, last quarter 1.85b)
Debt / EBITDA = 1.16 (Net Debt 788.9m / EBITDA 681.2m)
Debt / FCF = 1.59 (Net Debt 788.9m / FCF TTM 497.5m)
Total Stockholder Equity = 1.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.34% (Net Income 352.2m / Total Assets 4.26b)
RoE = 20.29% (Net Income TTM 352.2m / Total Stockholder Equity 1.74b)
RoCE = 24.32% (EBIT 625.0m / Capital Employed (Equity 1.74b + L.T.Debt 834.3m))
RoIC = 17.84% (NOPAT 464.5m / Invested Capital 2.60b)
WACC = 6.98% (E(10.61b)/V(11.67b) * Re(7.63%) + D(1.06b)/V(11.67b) * Rd(0.67%) * (1-Tc(0.26)))
Discount Rate = 7.63% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -1.12%
[DCF Debug] Terminal Value 83.34% ; FCFF base≈436.3m ; Y1≈490.3m ; Y5≈655.7m
Fair Price DCF = 51.22 (EV 14.15b - Net Debt 788.9m = Equity 13.36b / Shares 260.8m; r=6.98% [WACC]; 5y FCF grow 14.38% → 2.90% )
EPS Correlation: -72.50 | EPS CAGR: -24.01% | SUE: 1.21 | # QB: 1
Revenue Correlation: 90.43 | Revenue CAGR: 15.75% | SUE: 0.58 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.32 | Chg30d=+0.003 | Revisions Net=+2 | Analysts=5
EPS current Year (2026-09-30): EPS=1.52 | Chg30d=+0.030 | Revisions Net=+5 | Growth EPS=-2.6% | Growth Revenue=-8.2%
EPS next Year (2027-09-30): EPS=1.75 | Chg30d=+0.057 | Revisions Net=+3 | Growth EPS=+15.0% | Growth Revenue=+7.1%