Tetra Tech Inc (TTEK)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 303,595 | 320,673 | 308,098 | 331,768 | 345,277 | 340,447 | 327,481 | 295,479 | 266,476 | 231,692 | 216,591 | 210,185 | 201,065 | 195,939 | 149,869 | 153,605 | 173,119 | 167,806 | 190,426 | 196,689 |
| Revenue (ttm) | US$ in thousands | 4,831,610 | 4,507,686 | 4,149,638 | 3,845,789 | 3,540,303 | 3,504,047 | 3,493,497 | 3,402,183 | 3,301,410 | 3,205,014 | 3,067,366 | 2,979,729 | 2,958,931 | 2,992,562 | 3,079,700 | 3,194,213 | 3,185,661 | 3,107,347 | 3,005,188 | 2,944,190 |
| Net profit margin | 6.28% | 7.11% | 7.42% | 8.63% | 9.75% | 9.72% | 9.37% | 8.68% | 8.07% | 7.23% | 7.06% | 7.05% | 6.80% | 6.55% | 4.87% | 4.81% | 5.43% | 5.40% | 6.34% | 6.68% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $303,595K ÷ $4,831,610K
= 6.28%
The net profit margin of Tetra Tech, Inc. has exhibited a general downward trend over the eight quarters provided. In Q1 2023, the net profit margin was at the highest level of 8.79%, gradually declining to 4.77% in Q1 2024. This indicates a decrease in the company's profitability over time.
The fluctuations seen in the net profit margin suggest potential variations in the company's revenue generation and/or cost management. It is essential for stakeholders to closely monitor these changes to understand the factors influencing Tetra Tech's profitability.
Further analysis and comparison with industry benchmarks or competitors may provide additional insights into the company's performance and competitiveness within the market.
Peer comparison
Dec 31, 2023