Tetra Tech Inc (TTEK)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 333,382 | 273,420 | 263,125 | 232,810 | 173,859 |
Revenue | US$ in thousands | 5,199,270 | 4,470,860 | 3,490,830 | 3,200,980 | 2,991,130 |
Net profit margin | 6.41% | 6.12% | 7.54% | 7.27% | 5.81% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $333,382K ÷ $5,199,270K
= 6.41%
The net profit margin of Tetra Tech Inc has displayed fluctuations over the past five years, ranging from 5.81% in 2020 to 7.54% in 2022, with the most recent figure recorded at 6.41% as of September 30, 2024. These variations suggest some level of volatility in the company's ability to translate its revenue into profit. It is essential for stakeholders to monitor the trend of the net profit margin over time to assess the company's operational efficiency and profitability. A higher net profit margin indicates better cost management and a more profitable business model, while a declining margin could signify increasing expenses relative to revenue.
Peer comparison
Sep 30, 2024