Tetra Tech Inc (TTEK)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 463,405 | 400,946 | 348,727 | 266,849 | 227,960 |
| Revenue | US$ in thousands | 5,199,270 | 4,470,860 | 3,490,830 | 3,200,980 | 2,991,130 |
| Pretax margin | 8.91% | 8.97% | 9.99% | 8.34% | 7.62% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $463,405K ÷ $5,199,270K
= 8.91%
Tetra Tech Inc's pretax margin, which measures the company's profitability before taxes, has shown some fluctuations over the past five years. In the latest fiscal year ending September 30, 2024, the pretax margin was reported at 8.91%, slightly lower than the previous year's margin of 8.97%. However, compared to the fiscal year ending September 30, 2020, there has been a noticeable improvement in profitability, with the pretax margin increasing from 7.62% to 8.91%.
Overall, Tetra Tech Inc's pretax margin has shown relative stability in the range of 8-10% over the five-year period, reflecting the company's ability to efficiently manage its operating expenses and generate earnings before accounting for taxes. This consistent performance indicates a level of operational efficiency and financial health, although potential fluctuations in the margin suggest that the company may face varying economic conditions or industry challenges from year to year.
Peer comparison
Sep 30, 2024