Tetra Tech Inc (TTEK)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 866,440 | 725,029 | 575,559 | 498,400 | 446,535 |
| Revenue | US$ in thousands | 5,199,270 | 4,470,860 | 3,490,830 | 3,200,980 | 2,991,130 |
| Gross profit margin | 16.66% | 16.22% | 16.49% | 15.57% | 14.93% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $866,440K ÷ $5,199,270K
= 16.66%
Tetra Tech Inc's gross profit margin has been relatively stable over the past five years, ranging between 14.93% and 16.66%. The company's gross profit margin indicates the percentage of revenue left after accounting for the direct costs of producing goods or services. A consistently positive gross profit margin suggests that Tetra Tech is effectively managing its production costs and pricing strategies. Although there have been minor fluctuations year over year, the overall trend shows a modest improvement in gross profit margin performance. This stability in gross profit margin indicates that Tetra Tech has maintained efficiency in its operations and pricing strategies, which is a positive sign for the company's profitability and financial health.
Peer comparison
Sep 30, 2024