Tetra Tech Inc (TTEK)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 358,113 | 340,446 | 278,701 | 241,091 | 188,762 |
| Revenue | US$ in thousands | 4,470,860 | 3,490,830 | 3,200,980 | 2,991,130 | 3,107,350 |
| Operating profit margin | 8.01% | 9.75% | 8.71% | 8.06% | 6.07% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $358,113K ÷ $4,470,860K
= 8.01%
The operating profit margin of Tetra Tech Inc has displayed some fluctuations over the past five fiscal years. In the most recent period ending on September 30, 2023, the operating profit margin stands at 8.01%, representing a slight decrease from the previous year's margin of 9.75%. Despite this decline, the margin remains relatively healthy compared to the margins reported in earlier years, such as 8.71% in 2021, 8.06% in 2020, and 6.07% in 2019.
Overall, the trend indicates that Tetra Tech Inc has maintained a consistent level of operating profitability over the years, with occasional fluctuations likely influenced by various internal and external factors impacting the company's operations. Monitoring and analyzing these trends can provide valuable insights into the company's financial performance and efficiency in generating profits from its core business activities.
Peer comparison
Sep 30, 2023