Tetra Tech Inc (TTEK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.73% | 16.45% | 16.25% | 15.78% | 16.08% | 16.12% | 16.24% | 16.64% | 16.43% | 16.13% | 16.01% | 15.81% | 15.55% | 15.65% | 15.73% | 15.31% | 14.92% | 13.51% | 13.14% | 13.16% |
| 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% |
| 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% |
| Net profit margin | 7.35% | 6.80% | 6.49% | 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% |
Tetra Tech Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has remained relatively stable, ranging from 15.78% to 16.73%. This indicates that the company has effectively managed its production costs and maintained profitability on its core operations.
The operating profit margin has also varied, with a range between 7.81% and 9.67%. This suggests fluctuations in the company's operating efficiency and effectiveness in managing its operating expenses.
The pretax margin reflects the company's ability to generate profits before accounting for taxes, showing a range from 8.69% to 12.80%. The fluctuations in this margin indicate changes in the company's profitability before tax expenses.
The net profit margin, which reveals the company's bottom-line profitability after all expenses, has fluctuated between 6.28% and 7.42%. This metric reflects Tetra Tech Inc's ability to control costs, manage tax liabilities, and generate profits for its shareholders.
Overall, while the company has shown some variability in its profitability ratios, it has generally maintained a decent level of profitability over the analyzed periods. Monitoring these ratios regularly can provide insights into the company's financial health and performance.
Return on investment
| 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 return on assets (Operating ROA) | 11.94% | 11.38% | 10.66% | 9.55% | 9.37% | 8.70% | 8.33% | 12.64% | 12.98% | 12.23% | 11.85% | 11.35% | 10.82% | 10.50% | 10.48% | 10.11% | 10.14% | 8.52% | 8.38% | 8.35% |
| Return on assets (ROA) | 9.08% | 8.44% | 7.84% | 7.68% | 8.39% | 7.75% | 8.33% | 12.64% | 12.98% | 12.23% | 11.17% | 10.09% | 8.99% | 8.63% | 8.56% | 8.33% | 8.24% | 6.55% | 6.56% | 7.36% |
| Return on total capital | 27.36% | 18.39% | 17.11% | 15.19% | 15.69% | 14.64% | 13.71% | 22.16% | 23.82% | 22.75% | 21.14% | 20.18% | 19.43% | 18.48% | 18.57% | 17.67% | 18.84% | 19.64% | 20.66% | 19.13% |
| Return on equity (ROE) | 20.79% | 20.68% | 20.13% | 19.74% | 22.85% | 21.21% | 24.47% | 26.08% | 28.78% | 27.18% | 23.74% | 21.53% | 18.77% | 18.16% | 18.32% | 18.19% | 18.89% | 15.09% | 16.17% | 16.86% |
Tetra Tech Inc's profitability ratios show a generally positive trend over the past few periods.
1. Operating return on assets (Operating ROA) has been on an upward trajectory, reaching 11.94% most recently. This indicates that the company's operating income generated from its assets has been increasing steadily.
2. Return on assets (ROA) has also shown improvement, standing at 9.08% in the latest period. ROA measures the company's overall efficiency in generating profits from its total assets, showing a positive trend.
3. Return on total capital has demonstrated significant variability over the periods, with a notable spike to 27.36%. This ratio reflects how efficiently the company is using its capital to generate profits, with recent periods showing a strong performance.
4. Return on equity (ROE) has also been on an upward trend, indicating that the company has been effectively utilizing shareholder equity to generate profits. The latest ROE figure of 20.79% suggests that Tetra Tech Inc is delivering solid returns to its equity investors.
Overall, Tetra Tech Inc's profitability ratios reflect a positive performance, with improvements in operating efficiency, asset utilization, capital management, and shareholder returns.