Tetra Tech Inc (TTEK)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 510,595 | 476,109 | 440,208 | 419,686 | 448,198 | 424,007 | 447,438 | 453,020 | 426,049 | 379,613 | 340,428 | 305,554 | 265,731 | 274,362 | 267,268 | 253,308 | 250,040 | 189,691 | 191,013 | 191,348 |
| 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 |
| Pretax margin | 9.86% | 9.40% | 8.96% | 8.69% | 9.94% | 10.22% | 11.63% | 12.80% | 12.16% | 10.87% | 10.01% | 9.26% | 8.29% | 8.94% | 8.97% | 8.56% | 8.36% | 6.16% | 5.98% | 6.01% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $510,595K ÷ $5,179,210K
= 9.86%
Tetra Tech Inc's pretax margin has shown some fluctuations over the past eight quarters, with the Sep 30, 2024, figure standing at 9.86%. The trend indicates a gradual decrease in pretax margin from a high of 12.80% on Dec 31, 2022, to the current level. Despite the recent decline, the company has generally maintained a pretax margin above 8%, showcasing a decent level of profitability before accounting for taxes and exceptional items. Further analysis of the company's operating expenses and revenues may provide insights into the factors influencing these fluctuations in pretax margin.
Peer comparison
Sep 30, 2024