Tetra Tech, Inc. (TTEK)
NEUTRALFundamental
65
Price
$36.87
Market Cap
$9.59B
Part 1 · What the company is worth
Overview
Tetra Tech, Inc. provides consulting and engineering services focusing on water, environment, and sustainable infrastructure 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 consulting and engineering services, including water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and civil infrastructure master planning and resilient engineering design for facilities, as well as transportation and local development projects primarily to government clients, including federal, state, and local, as well as international development agencies. It also offers sustainable solutions, such as energy management consulting, and greenhouse gas inventory assessment, certification, reduction, and management services. The CIG segment provides consulting and engineering services, including natural resources, energy, and utilities, as well as sustainable infrastructure master planning and engineering design for facilities; and transportation and local development projects to commercial and international clients, including the commercial and government sectors. The company 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; climate change consulting; greenhouse gas inventory assessment, certification, reduction, and management services; environmental remediation and reconstruction services, industrial water treatment and reuse services; and engineering services, such as data centers, advanced manufacturing, security systems, training and audiovisual facilities, clean rooms, laboratories, medical facilities, and disaster preparedness facilities. The company was founded in 1966 and is headquartered in Pasadena, California.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$5.07B
Trailing 12 months (through 6/28/2026)
Net Income
$437M
Trailing 12 months (through 6/28/2026)
Free Cash Flow
$439M
Total Equity
$1.78B
Total Liabilities
$2.50B
Current Ratio
1.18
Interest Coverage
10.05
Debt/EBITDA
2.19
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$34.34
Current Price
$36.87
Margin of Safety
-7.4%
Fair Value Range
$28.64 - $40.03
Estimation Methods
Valuation Metrics
P/E Ratio
22.20
ROE
13.9%
P/B Ratio
5.10
P/FCF
17.24
Gross Margin
17.7%
ROIC
15.8%
Profitability Radar
Value Creation (Economic Moat)
ROIC
15.8%
WACC
9.0%
ROIC − WACC
+6.8 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (19)
- Price CAGR 15.67%
- ROIC 15.8%
- P/FCF 17.24
- Debt/Equity ratio
- Operating Margin 12.1%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 23.8%
- Revenue Growth 5Y 14.5%
- Analyst Consensus 73% Buy
- Earnings Surprise avg 6.6%
- Earnings Quality (OCF/NI) 1.30
- Share Dilution -1.7%
- Net Margin Trend 8.6% vs 3.9%
- Piotroski F-Score 6/9
Failed (8)
- EPS shows upward trend
- EPS CAGR -0.54%
- Gross Margin 17.7%
- P/B Ratio 5.10
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- PEG Ratio 2.61
Unavailable (1)
- Dividend Payout NaN%
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Dan L. Batrack | Executive Chairman of the Board of Directors | 67 |
| Mr. Roger R. Argus | CEO, President & Director | 64 |
| Mr. Steven M. Burdick CPA | CFO & Executive VP | 60 |
| Mr. Preston Hopson J.D. | Executive VP, Secretary, Chief Legal & Human Capital Officer | 48 |
| Dr. Leslie L. Shoemaker Ph.D. | Executive VP and Chief Innovation & Sustainability Officer | 68 |
| Mr. Brian N. Carter CPA | Senior VP, Corporate Controller & Chief Accounting Officer | 58 |
| Mr. Craig L. Christensen | Senior VP & Chief Information Officer | 72 |
| Mr. Richard A. Lemmon | Senior Vice President of Corporate Administration | 66 |
| Dr. William R. Brownlie | Senior VP & Chief Engineer | 72 |
| Mr. Olivier H. Jeannot | President of Federal Information Technology Division | - |
Audit Risk
7
Board Risk
5
Compensation Risk
1
Shareholder Rights Risk
1
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for TTEK, sourced from Markets Gazette.
- 3/11/2026POSITIVEFernbridge Doubles Down on Tetra Tech Stock, Adds 2.05 Million Shares, According to Latest SEC Filing
Fernbridge has significantly increased its stake in Tetra Tech, acquiring an additional 2.05 million shares. This substantial investment, detailed in a recent SEC filing, signals strong conviction from a major institutional investor in Tetra Tech's business model and future prospects. Tetra Tech, which provides consulting and engineering services across water, energy, and infrastructure sectors to government and commercial clients, is likely to see this increased institutional backing as a positive endorsement. Investors may interpret this move as a signal of potential undervaluation or upcoming positive catalysts for TTEK stock.
via Markets Gazette