Tetra Tech Inc (TTEK)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 500,737 | 464,771 | 433,816 | 377,144 | 358,113 | 345,538 | 331,768 | 345,277 | 340,447 | 327,481 | 313,383 | 299,670 | 278,702 | 263,601 | 257,319 | 244,042 | 241,092 | 195,022 | 196,338 | 196,353 |
| Revenue (ttm) | US$ in thousands | 5,179,210 | 5,065,350 | 4,915,110 | 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 |
| Operating profit margin | 9.67% | 9.18% | 8.83% | 7.81% | 7.94% | 8.33% | 8.63% | 9.75% | 9.72% | 9.37% | 9.21% | 9.08% | 8.70% | 8.59% | 8.64% | 8.25% | 8.06% | 6.33% | 6.15% | 6.16% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $500,737K ÷ $5,179,210K
= 9.67%
The operating profit margin of Tetra Tech Inc has shown fluctuations over the past few quarters. The margin has generally ranged between 6% to 9%, indicating a moderate level of profitability in relation to its operating activities.
In the most recent quarter, ending September 30, 2024, the operating profit margin was 9.67%, reflecting an improvement compared to the previous quarter. This increase suggests that Tetra Tech Inc was able to increase its operating profit relative to its revenue during this period.
Looking at the trend over the past few quarters, the operating profit margin has been relatively stable, with some minor fluctuations. It is important for the company to monitor and manage its operating expenses effectively to maintain and potentially improve this margin going forward.
Overall, while the operating profit margin of Tetra Tech Inc has shown some variability, it has generally remained within a reasonable range, demonstrating the company's ability to generate profits from its core operations.
Peer comparison
Sep 30, 2024