Tetra Tech, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Tetra Tech, Inc. (TTEK), the latest P/E of 18.9 frames valuation, while ROE 24.36% and ROIC 13.95% indicates profitability and capital efficiency. Together with the current ratio of 1.25 and debt-to-equity 0.60, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

TTEK Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$18.89$20.56$19.44$17.00$10.58$11.88$8.66$11.30$10.65$9.68
Net Income per Share$1.69$0.94$1.25$1.03$0.98$0.86$0.64$0.58$0.49$0.41
Operating Cash Flow per Share$2.64$1.73$1.34$1.39$1.25$1.13$0.97$0.76$0.64$0.48
Free Cash Flow per Share$2.57$1.66$1.27$1.28$1.21$1.09$0.92$0.70$0.60$0.45
Cash per Share$0.86$0.63$0.87$0.63$0.69$0.62$0.58$0.44$0.53$0.67
Book Value per Share$7.16$6.72$6.85$5.28$4.41$4.56$3.83$3.62$3.47$3.26
Tangible Book Value per Share$-1.83$-1.48$-1.41$-2.45$0.16$0.32$0.11$0.19$0.55$0.57
Interest Debt per Share$4.39$3.85$3.97$4.29$1.78$1.73$2.09$1.06$1.06$1.30
CAPEX per Share$0.07$0.07$0.07$0.10$0.04$0.03$0.05$0.06$0.03$0.03

TTEK Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)18.8835.9437.8229.5926.234.6929.7930.0627.722.47
Price to Book (P/B)4.4356.895.765.836.544.994.823.922.85
Price to Sales (P/S)1.671.642.431.792.432.512.211.541.280.96
Enterprise Value to EBITDA13.2520.8323.0217.5119.527.5720.7922.4617.1112.68
EV to Sales1.861.792.581.992.532.62.371.591.321.02
EV to Operating Cash Flow13.2521.2437.3324.4521.3327.4821.2423.6222.1820.41
EV to Free Cash Flow13.6322.1439.3226.3822.0228.2822.2825.6123.4721.96
Enterprise Value$9.12B$9.72B$13.39B$9.01B$7.17B$8.36B$5.58B$4.93B$3.92B$2.82B

TTEK Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)24.36%13.92%18.21%19.48%22.24%18.86%16.76%16.04%14.16%12.70%
Return on Invested Capital (ROIC)13.95%13.35%11.86%9.12%14.46%13.45%10.79%12.29%11.08%9.12%
Return on Tangible Assets21.77%11.73%16.79%15.48%17.74%16.28%12.68%13.10%12.07%10.38%
Earnings Yield5.34%2.78%2.64%3.38%3.82%2.88%3.36%3.33%3.61%4.45%
Free Cash Flow Yield8.13%4.93%2.70%4.22%4.72%3.66%4.83%4.03%4.41%4.84%
Dividend Yield0.84%0.73%0.47%0.64%0.67%0.50%0.67%0.62%0.65%0.82%

TTEK Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.251.181.251.121.261.261.261.41.691.94
Interest Coverage19.6119.611.246.8325.4721.8616.6612.2910.9614.89
Income Quality1.560.91.081.351.281.311.511.311.291.17
Debt to Equity0.60.550.560.780.390.370.530.280.290.38
Debt to Assets25.44%23.05%24.24%28.51%17.65%17.63%23.26%12.85%14.23%18.76%
Net Debt to EBITDA1.291.761.351.790.760.951.480.710.570.75

TTEK Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover4.694.154.324.123.314.083.093.523.393.43
Payables Turnover19.3121.8921.9421.9215.3321.0917.0113.0616.113.51
Inventory Turnover000000000-48973.92
Days Sales Outstanding77.7988.0284.4788.62110.4189.39118.3103.73107.71106.33
Days Payables Outstanding18.9116.6716.6316.6523.8117.3121.4627.9422.6727.02
Days of Inventory on Hand000000000-0.01

TTEK Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA13.2520.8323.0217.5119.527.5720.7922.4617.1112.68
Market Cap$8.23B$8.90B$12.61B$8.09B$6.89B$8.08B$5.18B$4.77B$3.79B$2.65B
Enterprise Value$9.12B$9.72B$13.39B$9.01B$7.17B$8.36B$5.58B$4.93B$3.92B$2.82B
Dividend Yield0.84%0.73%0.47%0.64%0.67%0.50%0.67%0.62%0.65%0.82%
Payout Ratio15.44%26.25%17.65%19.06%17.52%17.20%19.98%18.70%17.88%18.39%

Frequently Asked Questions

Is Tetra Tech, Inc. stock overvalued based on its P/E ratio?

On this page, TTEK's current P/E is 18.9, compared with a multi-year average around 29.3. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is Tetra Tech, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $8.23B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Tetra Tech, Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Tetra Tech, Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Tetra Tech, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Tetra Tech, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Tetra Tech, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Tetra Tech, Inc. financially strong based on its ratios?

To assess whether Tetra Tech, Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.25, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 19.61, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.60, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Tetra Tech, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Tetra Tech, Inc. is sustaining strong returns (for example ROE at 24.36% and ROIC at 13.95%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.