Tetra Tech Inc (TTEK)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 273,420 | 263,125 | 232,810 | 173,859 | 158,668 |
| Revenue | US$ in thousands | 4,470,860 | 3,490,830 | 3,200,980 | 2,991,130 | 3,107,350 |
| Net profit margin | 6.12% | 7.54% | 7.27% | 5.81% | 5.11% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $273,420K ÷ $4,470,860K
= 6.12%
The net profit margin of Tetra Tech Inc has exhibited some variation over the past five years, ranging from 5.11% in 2019 to 7.54% in 2022. In general, the company's net profit margin has been positive, indicating that Tetra Tech Inc has been able to generate profits relative to its revenue. The decrease in net profit margin from 2022 to 2023, from 7.54% to 6.12%, suggests a slight decline in the company's profitability efficiency in converting revenue into net income. Overall, Tetra Tech Inc has maintained a relatively healthy net profit margin, demonstrating its ability to control costs and manage its operations effectively to generate profit.
Peer comparison
Sep 30, 2023