← BackTETRA TECH INC · Engineering ServicesTTEK
Low riskNext report: Around Nov 11 (est.)
The short versionA profitable company with steady sales.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- Raised its dividend (0.7% yield)
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 3% to their holdings in the quarter ending June 2026 (256 bought, 300 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$37.14+0.5% that day
- Company value
- $9.5B
- Share price times all shares
- Price vs profit (P/E)
- 22.4x
- You pay about $22 for each $1 of yearly profit
- Price vs sales
- 1.9x
- Company value is 1.9 times a year of sales
- Dividend yield
- 0.7%
- Yearly dividend as a share of today's price
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 9%
- Debt as a share of company value
From TTEK's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$1.3B-4.5% vs a year earlier
Oct '23Tap a barJun '26
Last 12 months: $5.1B, down 7.6% from the 12 months before. Over 5 years, sales grew about 13% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.14.0%
- PassDebt under half of equityNot relying on borrowed money.0.45x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.6%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$439.1M
- PassShare count not growingNot diluting owners. Falling means buybacks.-1.4% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.17.7%
- Revenue
- $5.4B
- +4.7% vs prior year
- 5-year growth
- +12.7%/yr
- revenue, per year
- Total debt
- $837.1M
- 0.45x equity
- Current ratio
- 1.31x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 28, 2026- Revenue
- $1.3B
- -4.5% YoY
- EPS
- $0.42
- vs $0.43
- Op. margin
- 12.1%
- +0.1 pts
- Gross margin
- 18.6%
- +0.2 pts
- Free cash flow
- $225.1M
- Share count
- -1.9%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.4
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+3.0%Institutions added 3.0% to their holdings. 256 bought, 300 sold. 2 quarters of net buying in a row.
Shares held by institutions329.6M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $803.5M debtShares outstandingLatest reported
256MNext reportAround Nov 11 (est.)Estimated from the same quarter last year
- Results filedJul 29
- Results filedApr 29
- Results filedJan 28
- Results filedNov 12, 2025
- Results filedJul 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Option exerciseKirsten M VolpiDirector
2,300 shares at $9.59 · $22K
- +3% of holdings
- Now owns 74,218 shares
- Exercise price $9.59
- Filed 2 days after trade
Option exerciseKirsten M VolpiDirector
1,700 shares at $9.59 · $16K
- +2% of holdings
- Now owns 71,918 shares
- Exercise price $9.59
- Filed 1 day after trade
BoughtJeffrey R FeelerDirector
1,900 shares at $26.41 · $50K
- New position
- Now owns 1,900 shares
- Filed same day
Stock awardEric W ThornburgDirector
1,259 shares
- Now owns 1,259 shares
- RESTRICTED STOCK UNITS (RIGHT TO RECEIVE)
- Filed 1 day after trade
Option exerciseKimberly E RitrieviDirector
20,968 shares
- +14% of holdings
- Now owns 166,376 shares
- 10 transactions
- Filed 2 days after trade
- Also: Stock award