Tetra Tech (TTEK)
Market Price (12/15/2025): $34.86 | Market Cap: $9.1 BilSector: Industrials | Industry: Construction & Engineering
Tetra Tech (TTEK)
Market Price (12/15/2025): $34.86Market Cap: $9.1 BilSector: IndustrialsIndustry: Construction & Engineering
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Low stock price volatilityVol 12M is 33% | Weak multi-year price returns2Y Excs Rtn is -43%, 3Y Excs Rtn is -58% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -3.2% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, Sustainable Infrastructure, and Renewable Energy Transition. Themes include Water Treatment & Delivery, Show more. |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, Sustainable Infrastructure, and Renewable Energy Transition. Themes include Water Treatment & Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -43%, 3Y Excs Rtn is -58% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -3.2% |
Valuation, Metrics & Events
TTEK Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Based on the most recent available information, here are key points that could explain a stock movement of -4.9% for Tetra Tech (TTEK):
1. Significant Drop in Earnings Per Share (EPS): The company experienced a substantial drop in its earnings per share, with the first quarter 2025 earnings (released January 30, 2025) reporting an EPS of US$0.003, a dramatic decrease from US$0.28 in the first quarter of 2024.
2. Decrease in Price Target: The price target for Tetra Tech's stock was reduced by 9.7% to US$45.00 on January 31, 2025, reflecting a lack of confidence in the company's ability to meet market expectations.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TTEK Return | 35% | 47% | -14% | 16% | 20% | -12% | 110% |
| Peers Return | 12% | 14% | 9% | 9% | 13% | 367% | 699% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 111% |
Monthly Win Rates [3] | |||||||
| TTEK Win Rate | 67% | 67% | 50% | 50% | 58% | 58% | |
| Peers Win Rate | 47% | 52% | 45% | 47% | 53% | 47% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| TTEK Max Drawdown | -23% | -1% | -29% | -9% | -5% | -30% | |
| Peers Max Drawdown | -27% | -9% | -10% | -12% | -2% | -19% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: LDOS, J, BAH, KBR, CDNL. See TTEK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/12/2025 (YTD)
How Low Can It Go
| Event | TTEK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -37.2% | -25.4% |
| % Gain to Breakeven | 59.4% | 34.1% |
| Time to Breakeven | 657 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -32.9% | -33.9% |
| % Gain to Breakeven | 49.0% | 51.3% |
| Time to Breakeven | 184 days | 148 days |
| 2018 Correction | ||
| % Loss | -32.8% | -19.8% |
| % Gain to Breakeven | 48.8% | 24.7% |
| Time to Breakeven | 127 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -49.9% | -56.8% |
| % Gain to Breakeven | 99.8% | 131.3% |
| Time to Breakeven | 211 days | 1480 days |
Compare to LDOS, J, BAH, KBR, CDNL
In The Past
Tetra Tech's stock fell -37.2% during the 2022 Inflation Shock from a high on 11/23/2021. A -37.2% loss requires a 59.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to TTEK. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.9% | 22.9% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 8.7% | 8.7% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.8% | 1.8% | 0.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.9% | 22.9% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.2% | 2.2% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 8.7% | 8.7% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 5.8% | 5.8% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 1.8% | 1.8% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Tetra Tech
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 68.13 |
| Mkt Cap | 11.4 |
| Rev LTM | 11,706 |
| Op Inc LTM | 864 |
| FCF LTM | 607 |
| FCF 3Y Avg | 641 |
| CFO LTM | 687 |
| CFO 3Y Avg | 728 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.7% |
| Rev Chg 3Y Avg | 7.2% |
| Rev Chg Q | -0.3% |
| QoQ Delta Rev Chg LTM | -0.1% |
| Op Mgn LTM | 9.5% |
| Op Mgn 3Y Avg | 8.7% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 7.8% |
| CFO/Rev 3Y Avg | 7.8% |
| FCF/Rev LTM | 7.0% |
| FCF/Rev 3Y Avg | 7.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 11.4 |
| P/S | 1.3 |
| P/EBIT | 11.3 |
| P/E | 17.2 |
| P/CFO | 16.1 |
| Total Yield | 6.7% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 5.0% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.2% |
| 3M Rtn | -5.7% |
| 6M Rtn | 2.2% |
| 12M Rtn | -8.1% |
| 3Y Rtn | 29.2% |
| 1M Excs Rtn | 4.8% |
| 3M Excs Rtn | -9.1% |
| 6M Excs Rtn | -12.0% |
| 12M Excs Rtn | -21.2% |
| 3Y Excs Rtn | -46.7% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/12/2025 | 15.3% | 8.9% | |
| 7/30/2025 | -1.1% | 0.3% | -0.4% |
| 5/7/2025 | 13.0% | 12.5% | 15.5% |
| 1/30/2025 | 0.6% | -7.6% | -22.6% |
| 11/13/2024 | -13.5% | -15.1% | -11.1% |
| 7/31/2024 | 9.0% | 7.2% | 10.8% |
| 5/1/2024 | 6.1% | 10.1% | 9.0% |
| 1/31/2024 | 3.9% | 10.2% | 11.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 12 |
| # Negative | 11 | 10 | 12 |
| Median Positive | 3.9% | 6.6% | 9.0% |
| Median Negative | -1.4% | -6.3% | -10.6% |
| Max Positive | 15.7% | 13.0% | 15.5% |
| Max Negative | -13.5% | -15.1% | -22.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11202025 | 10-K 9/28/2025 |
| 6302025 | 8012025 | 10-Q 6/29/2025 |
| 3312025 | 5082025 | 10-Q 3/30/2025 |
| 12312024 | 1312025 | 10-Q 12/29/2024 |
| 9302024 | 11192024 | 10-K 9/29/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5032024 | 10-Q 3/31/2024 |
| 12312023 | 2022024 | 10-Q 12/31/2023 |
| 9302023 | 11222023 | 10-K 10/1/2023 |
| 6302023 | 8102023 | 10-Q 7/2/2023 |
| 3312023 | 5112023 | 10-Q 4/2/2023 |
| 12312022 | 2032023 | 10-Q 1/1/2023 |
| 9302022 | 11252022 | 10-K 10/2/2022 |
| 6302022 | 8052022 | 10-Q 7/3/2022 |
| 3312022 | 5062022 | 10-Q 4/3/2022 |
| 12312021 | 2042022 | 10-Q 1/2/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |