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Tetra Tech inc   (TTEK)
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    Sector  Capital Goods    Industry Construction Services
 
Price: $176.9800 $-1.75 -0.979%
Day's High: $179.73 Week Perf: -3.61 %
Day's Low: $ 178.60 30 Day Perf: -2.03 %
Volume (M): 3 52 Wk High: $ 190.14
Volume (M$): $ 609 52 Wk Avg: $159.21
Open: $178.60 52 Wk Low: $132.29



 Market Capitalization (Millions $) 9,511
 Shares Outstanding (Millions) 54
 Employees 13,000
 Revenues (TTM) (Millions $) 1,588
 Net Income (TTM) (Millions $) 232
 Cash Flow (TTM) (Millions $) 27
 Capital Exp. (TTM) (Millions $) 25

Tetra Tech Inc

Tetra Tech, Inc. is a leading provider of consulting and engineering services that focuses on addressing fundamental needs for water, environment, infrastructure, resource management, and energy. We typically begin at the earliest stage of a project by identifying technical solutions to problems and developing execution plans tailored to our clients needs and resources. Our solutions may span the entire life cycle of consulting and engineering projects and include applied science, research and technology, engineering, design, construction management, operations and maintenance, and information technology.

We are a global provider of consulting and engineering services, renowned for our leadership in water-related services for public and private clients. Engineering News-Record ("ENR"), the leading trade journal for our industry, ranks firms by size of revenue. ENR has ranked us the number one water services firm for the past 12 years, most recently in its May 2015 "Top 500 Design Firms" issue. Tetra Tech was also ranked number one in water treatment/desalination, water treatment and supply, environmental management, environmental science, consulting studies and solid waste. ENR ranks Tetra Tech among the largest 10 firms in numerous other service lines, including engineering/design, chemical and soil remediation, site assessment and compliance, hazardous waste, industrial processes, and manufacturing.

Our focus on science and consulting and our ability to apply our skills to developing solutions for water management across a wide array of public and private sector needs has diversified our client base, expanded our geographic reach, and increased our ability to service both existing and emerging markets. We currently have approximately 13,000 staff worldwide, located primarily in North America.

We are part of the global consulting and engineering industry that serves public and private clients by addressing their challenges regarding water, the environment, infrastructure, resource management, and energy. Our industry provides clients with the technical studies, planning, engineering, design and construction management services that respond to their needs. The industrys clients vary in size and scope from small local public agencies and private companies to national governments and large multi-national corporations. These clients seek service firms with high-caliber technical expertise, practical experience, multi-disciplinary capabilities and the global reach needed to analyze their problems in order to develop and implement the most appropriate, cost-effective solutions.

Many government and commercial organizations face complex problems due to increased demand and competition for water and natural resources, newly understood threats to human health and the environment, aging infrastructure, demand for new infrastructure in emerging economies, and diversification and development of sustainable energy resources. As a global company with a local presence in many areas around the world, we provide the breadth of technical knowledge and capabilities to solve our clients diverse and challenging problems.

Our water services support government agencies responsible for managing water supply, wastewater treatment, stormwater management and flood protection. Our water services also support private sector clients that require water supply and treatment for industrial processes. We help our clients develop water supplies and manage water resources, while addressing a wide range of local and national government requirements and policies. We provide essential support for water and site management needs for resource extraction in the oil and gas and mining industries. Our water and environmental markets also include both government and commercial clients that are working to restore contaminated areas and protect and manage future uses. Our infrastructure market includes a broad range of engineering services for water management and conveyance, transportation, public and commercial buildings, and related community needs. Our infrastructure services include mechanical, civil and electrical engineering solutions designed to provide resilient and long-term solutions sensitive to changing climate and development needs, and emerging economies.

Our resource management services provide support for the safe, sustainable extraction of necessary mineral resources and oil and gas, including a wide range of services to meet water, environment, energy and infrastructure-related needs, sometimes in remote regions of the world. Our energy market consists of both government and commercial clients that seek to develop energy resources, identify energy efficiency enhancements, and support the development of energy transmission and distribution corridors.

Increasingly, the consulting and engineering industry is being asked to provide integrated solutions in a global marketplace. Large firms such as ours can offer fully integrated services, from high end data collection, to data analytics, to engineering design and implementation. Large firms that offer integrated solutions differentiate themselves from smaller firms that generally offer niche services by providing fully integrated sustainable solutions that provide lasting value to our clients. As a large company with a history of leading with science, we are ideally suited to providing interdisciplinary solutions across our water and related service lines.

Public policy, demand for resources, infrastructure development challenges, and natural forces constantly shape changes in our industry. Public concern over environmental issues, especially water quality, has been a driving force behind numerous regulations and changes in public policies and practices. Public and private clients are increasingly focused on integrated water management, resilient infrastructure and sustainable energy planning. Fluctuations in weather patterns and extreme events, such as prolonged droughts and more frequent flooding, are driving concerns over the reliability of water supplies, the need to protect coastal areas, and upgrade flood management in metropolitan areas.

To continue our successful growth and our competitive position in the markets we serve, we have implemented the following strategy that is integral to our future success. Our approach is to lead with science and provide solutions that are differentiated and of long-lasting benefit to our clients. Our approach encompasses five aspects of differentiation:

Technical Differentiation. Since our inception, we have provided innovative consulting and engineering services, with a focus on providing cost-effective solutions for all aspects of water resource management. Adoption of emerging science in the development of practical cost-effective solutions is central to our approach to "lead with science" in the delivery of our services.

Relationships and Trust. We have achieved a broad client and contract base by understanding our clients priorities and demonstrating a long track record of successful performance which results in repeat business and limits competition. We believe that proximity to our clients is also instrumental to integrating global experience and resources with an understanding of our local clients needs. Over the past year, we worked in over 100 countries, helping government and private sector clients address complex water, environment, energy and related infrastructure needs.

Institutional Knowledge. Over our history, we have supported both public and private clients, many for multiple decades of continuous contracts and repeat business. Long-term relationships provide us with institutional knowledge of our clients programs, past projects and internal resources. Institutional knowledge is often a significant factor in providing competitive proposals and cost-effective solutions tailored to our clients needs.

One-of-a-Kind Solutions. We are often at the leading edge of new challenges where we are providing one-of-a-kind solutions. These might be a new water reuse technology, a unique solution to addressing new regulatory requirements, a new monitoring approach for assessing infrastructure assets or a computer model for real time management of water resources. We are constantly evolving our intellectual property, including a wide range of computer models, analytical software, and environmental treatment approaches and instrumentation, often in collaboration with our forward-thinking clients. Bringing our one-of-a-kind solutions to real world problems is a differentiator in expanding our services and growing our business.

Smart Solutions/Innovation. Smart solutions often require taking the same pieces of the puzzle and putting them together in a different way for a better outcome. Complex projects for the public and private sector, at the leading edge of policy and technology development, often require innovative solutions that combine multiple aspects of our interdisciplinary capabilities, technical resources and institutional knowledge.

Our strategy leverages our five differentiators to both grow our existing business and expand into new business areas. To support our growth plans, we actively attract, recruit and retain key hires. Our combination of high-end science and consulting with practical applications provides challenging and rewarding opportunities for our employees, thereby enhancing our ability to recruit and retain top quality talent. Our internal networking programs, leadership training, entrepreneurial environment, focus on technical excellence and global project portfolio help to attract and retain highly qualified individuals.

We also maintain a strong emphasis on project management at all levels of the organization. Our client-focused project management is supported by strong fiscal management and financial tools. We take a disciplined approach to monitoring, managing and improving our return on investment in each of our business areas through our efforts to negotiate appropriate contract terms, manage our contract performance to minimize schedule delays and cost overruns, and promptly bill and collect accounts receivable.

Our strategic growth plans are augmented by our selective investment in acquisitions aligned with our business. Acquisitions add specialized skills and staff in emerging growth markets, and augment plans to broaden our service offerings, add contract capacity and extend our geographic presence. Our experience in acquisitions strengthens our ability to integrate and rapidly leverage the resources of the acquired companies post-acquisition.



   Company Address: 3475 East Foothill Boulevard Pasadena 91107 CA
   Company Phone Number: 351-4664   Stock Exchange / Ticker: NASDAQ TTEK
   


Customers Net Income fell by TTEK's Customers Net Profit Margin fell to

-27.43 %

3.74 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ACM        0.25% 
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KBR   -1.42%    
PWR        0.84% 
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Contract

Tetra Tech Secures $375 Million NASA Contract to Spearhead Environmental Restoration and Compliance Initiatives

Published Thu, Feb 29 2024 2:00 PM UTC

NASA Awards Tetra Tech $375 Million Environmental Restoration and Compliance ContractIn a major announcement, Tetra Tech, Inc. - a leading provider of high-end consulting and engineering services - revealed that it has been awarded a $375 million, multiple-award contract by the National Aeronautics and Space Administration (NASA). This contract aims to provide environmental ...

Merger and Acquisition

Tetra Tech Acquires LS Technologies to Expand Digital Transformation and Management Consulting Services

Published Thu, Feb 22 2024 2:00 PM UTC



In a recent announcement, Tetra Tech, Inc. (NASDAQ: TTEK), a renowned provider of consulting and engineering services, revealed the acquisition of LS Technologies, a leading U.S. federal enterprise technology services and management consulting firm. This strategic move is expected to bring significant capabilities, resources, and new federal clients to Tetra Tech's...

Tetra Tech Inc

Headline: Tetra Tech Inc. Shines in Construction Services Industry with Strong Revenue Growth and Impressive Margins

Tetra Tech Inc (NASDAQ: TTEK) is proving its dominance in the construction services industry with its impressive financial performance. The company recently announced its income per share of $1.40 and revenue of $416.09 million for the financial period ending December 31, 2023. Although the income per share dropped compared to the previous year, the revenue saw a substantial increase of 29.64% during the same period. This puts Tetra Tech ahead of its industry counterparts, who reported only a 3.75% growth in revenue.
It is worth noting that the sequential profits grew by an impressive 39.31% from the previous quarter, while the revenue experienced a slight decrease of -3.027%. Despite the decline in bottom-line profits, Tetra Tech Inc managed to achieve a net margin of 18.58%. Furthermore, operating earnings rose by an exceptional 20.67% to $111.081 million.

Product Service News

Tetra Tech Scores Major Contracts across the Globe to Improve Water Management and Biodiversity Conservation

Published Tue, Jan 30 2024 2:00 PM UTC

Pasadena, Calif.-based Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, has scored three significant contracts in the United Kingdom, Cambodia, and Ireland in its quest to advance global efforts in water management and biodiversity conservation. In the United Kingdom, United Utilities, one of the country's largest listed wa...

Product Service News

Tetra Tech Takes the Lead: Empowering Sustainable Development and Transforming Water Infrastructure

Published Tue, Jan 9 2024 2:00 PM UTC

Tetra Tech, Inc., a renowned provider of consulting and engineering services, has recently won two significant contracts worth a combined total of $34 million. The first contract, awarded by the U.S. Agency for International Development (USAID), aims to enhance sustainable economic development by improving land rights governance worldwide. The second contract involves Tetra ...






 

Tetra Tech Inc's Segments
 
 
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