Tetra Tech Inc (TTEK) - Net Assets
Based on the latest financial reports, Tetra Tech Inc (TTEK) has net assets worth $1.86 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.36 Billion) and total liabilities ($2.50 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tetra Tech Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.86 Billion |
| % of Total Assets | 42.72% |
| Annual Growth Rate | 20.91% |
| 5-Year Change | 44.23% |
| 10-Year Change | 104.76% |
| Growth Volatility | 115.01 |
Tetra Tech Inc - Net Assets Trend (1991–2025)
This chart illustrates how Tetra Tech Inc's net assets have evolved over time, based on quarterly financial data. See Tetra Tech Inc (TTEK) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tetra Tech Inc (1991–2025)
The table below shows the annual net assets of Tetra Tech Inc from 1991 to 2025. For live valuation and market cap data, see Tetra Tech Inc (TTEK) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $1.78 Billion | -2.75% |
| 2024-09-30 | $1.83 Billion | +30.42% |
| 2023-09-30 | $1.40 Billion | +18.63% |
| 2022-09-30 | $1.18 Billion | -4.14% |
| 2021-09-30 | $1.23 Billion | +18.98% |
| 2020-09-30 | $1.04 Billion | +4.84% |
| 2019-09-30 | $989.46 Million | +2.31% |
| 2018-09-30 | $967.10 Million | +4.14% |
| 2017-09-30 | $928.62 Million | +6.81% |
| 2016-09-30 | $869.40 Million | +1.47% |
| 2015-09-30 | $856.80 Million | -15.42% |
| 2014-09-30 | $1.01 Billion | +1.43% |
| 2013-09-30 | $998.80 Million | -2.07% |
| 2012-09-30 | $1.02 Billion | +19.25% |
| 2011-09-30 | $855.25 Million | +14.32% |
| 2010-09-30 | $748.13 Million | +15.72% |
| 2009-09-30 | $646.48 Million | +26.39% |
| 2008-09-30 | $511.51 Million | +23.05% |
| 2007-09-30 | $415.70 Million | +17.16% |
| 2006-09-30 | $354.80 Million | +16.48% |
| 2005-09-30 | $304.62 Million | -23.37% |
| 2004-09-30 | $397.50 Million | +9.64% |
| 2003-09-30 | $362.55 Million | -12.91% |
| 2002-09-30 | $416.30 Million | +11.87% |
| 2001-09-30 | $372.15 Million | +24.92% |
| 2000-09-30 | $297.91 Million | +27.09% |
| 1999-09-30 | $234.40 Million | +39.69% |
| 1998-09-30 | $167.80 Million | +38.56% |
| 1997-09-30 | $121.10 Million | +91.31% |
| 1996-09-30 | $63.30 Million | +52.53% |
| 1995-09-30 | $41.50 Million | +23.88% |
| 1994-09-30 | $33.50 Million | +26.89% |
| 1993-09-30 | $26.40 Million | +20.00% |
| 1992-09-30 | $22.00 Million | +685.71% |
| 1991-09-30 | $2.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tetra Tech Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 187394800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.87 Billion | 105.23% |
| Common Stock | $2.61 Million | 0.15% |
| Other Comprehensive Income | $-95.78 Million | -5.38% |
| Total Equity | $1.78 Billion | 100.00% |
Tetra Tech Inc Competitors by Market Cap
The table below lists competitors of Tetra Tech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Swatch Group AG
F:UHRA
|
$7.10 Billion |
|
SSAB AB (publ)
ST:SSAB-B
|
$7.10 Billion |
|
UL Solutions Inc.
NYSE:ULS
|
$7.11 Billion |
|
Wan Hai Lines Ltd
TW:2615
|
$7.11 Billion |
|
Castech Inc
SHE:002222
|
$7.09 Billion |
|
Delivery Hero SE
XETRA:DHER
|
$7.08 Billion |
|
Praxis Precision Medicines Inc
NASDAQ:PRAX
|
$7.08 Billion |
|
Schaeffler India Limited
NSE:SCHAEFFLER
|
$7.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tetra Tech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,830,322,000 to 1,779,785,000, a change of -50,537,000 (-2.8%).
- Net income of 247,724,000 contributed positively to equity growth.
- Dividend payments of 65,039,000 reduced retained earnings.
- Share repurchases of 249,984,000 reduced equity.
- Other comprehensive income decreased equity by 16,902,000.
- Other factors increased equity by 33,664,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $247.72 Million | +13.92% |
| Dividends Paid | $65.04 Million | -3.65% |
| Share Repurchases | $249.98 Million | -14.05% |
| Other Comprehensive Income | $-16.90 Million | -0.95% |
| Other Changes | $33.66 Million | +1.89% |
| Total Change | $- | -2.76% |
Book Value vs Market Value Analysis
This analysis compares Tetra Tech Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1038.21x to 4.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-09-30 | $0.03 | $27.36 | x |
| 1992-09-30 | $0.16 | $27.36 | x |
| 1993-09-30 | $0.17 | $27.36 | x |
| 1994-09-30 | $0.21 | $27.36 | x |
| 1995-09-30 | $0.25 | $27.36 | x |
| 1996-09-30 | $0.29 | $27.36 | x |
| 1997-09-30 | $0.62 | $27.36 | x |
| 1998-09-30 | $0.74 | $27.36 | x |
| 1999-09-30 | $0.95 | $27.36 | x |
| 2000-09-30 | $1.15 | $27.36 | x |
| 2001-09-30 | $1.43 | $27.36 | x |
| 2002-09-30 | $1.51 | $27.36 | x |
| 2003-09-30 | $1.30 | $27.36 | x |
| 2004-09-30 | $1.39 | $27.36 | x |
| 2005-09-30 | $1.07 | $27.36 | x |
| 2006-09-30 | $1.23 | $27.36 | x |
| 2007-09-30 | $1.42 | $27.36 | x |
| 2008-09-30 | $1.72 | $27.36 | x |
| 2009-09-30 | $2.12 | $27.36 | x |
| 2010-09-30 | $2.41 | $27.36 | x |
| 2011-09-30 | $2.72 | $27.36 | x |
| 2012-09-30 | $3.19 | $27.36 | x |
| 2013-09-30 | $3.09 | $27.36 | x |
| 2014-09-30 | $3.11 | $27.36 | x |
| 2015-09-30 | $2.78 | $27.36 | x |
| 2016-09-30 | $2.95 | $27.36 | x |
| 2017-09-30 | $3.21 | $27.36 | x |
| 2018-09-30 | $3.42 | $27.36 | x |
| 2019-09-30 | $3.54 | $27.36 | x |
| 2020-09-30 | $3.77 | $27.36 | x |
| 2021-09-30 | $4.52 | $27.36 | x |
| 2022-09-30 | $4.37 | $27.36 | x |
| 2023-09-30 | $5.23 | $27.36 | x |
| 2024-09-30 | $6.78 | $27.36 | x |
| 2025-09-30 | $6.66 | $27.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tetra Tech Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.55%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.41x
- Recent ROE (13.92%) is above the historical average (12.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 82.14% | 4.47% | 2.56x | 7.18x | $2.02 Million |
| 1992 | 13.64% | 4.57% | 2.18x | 1.37x | $800.00K |
| 1993 | 16.29% | 5.77% | 1.93x | 1.46x | $1.66 Million |
| 1994 | 17.01% | 5.91% | 1.87x | 1.54x | $2.35 Million |
| 1995 | 18.31% | 6.33% | 1.29x | 2.24x | $3.45 Million |
| 1996 | 15.96% | 4.59% | 2.49x | 1.40x | $3.77 Million |
| 1997 | 11.81% | 5.79% | 1.55x | 1.32x | $2.19 Million |
| 1998 | 12.28% | 5.38% | 1.44x | 1.59x | $3.82 Million |
| 1999 | 12.41% | 6.73% | 1.14x | 1.62x | $5.66 Million |
| 2000 | 13.58% | 5.09% | 1.51x | 1.77x | $10.65 Million |
| 2001 | 8.28% | 4.22% | 1.20x | 1.63x | $-6.39 Million |
| 2002 | 7.67% | 4.31% | 1.10x | 1.61x | $-9.72 Million |
| 2003 | -17.81% | -7.50% | 1.24x | 1.91x | $-100.82 Million |
| 2004 | 5.97% | 1.65% | 1.78x | 2.03x | $-16.01 Million |
| 2005 | -32.65% | -7.73% | 1.98x | 2.13x | $-129.93 Million |
| 2006 | 10.32% | 2.59% | 2.02x | 1.98x | $1.12 Million |
| 2007 | 11.15% | 2.98% | 1.83x | 2.04x | $4.78 Million |
| 2008 | 11.91% | 2.84% | 2.03x | 2.07x | $9.75 Million |
| 2009 | 13.46% | 3.80% | 2.08x | 1.70x | $22.38 Million |
| 2010 | 10.27% | 3.49% | 1.59x | 1.85x | $2.01 Million |
| 2011 | 10.53% | 3.50% | 1.61x | 1.86x | $4.51 Million |
| 2012 | 10.23% | 3.85% | 1.62x | 1.64x | $2.39 Million |
| 2013 | -0.21% | -0.08% | 1.45x | 1.80x | $-102.02 Million |
| 2014 | 10.69% | 4.36% | 1.40x | 1.75x | $6.96 Million |
| 2015 | 4.56% | 1.70% | 1.47x | 1.82x | $-46.61 Million |
| 2016 | 9.64% | 3.24% | 1.44x | 2.07x | $-3.16 Million |
| 2017 | 12.69% | 4.28% | 1.45x | 2.05x | $25.01 Million |
| 2018 | 14.15% | 4.62% | 1.52x | 2.02x | $40.17 Million |
| 2019 | 16.04% | 5.11% | 1.44x | 2.18x | $59.72 Million |
| 2020 | 16.76% | 7.40% | 0.99x | 2.29x | $70.12 Million |
| 2021 | 18.86% | 7.24% | 1.25x | 2.09x | $109.38 Million |
| 2022 | 22.24% | 9.28% | 1.08x | 2.22x | $144.81 Million |
| 2023 | 19.48% | 6.05% | 1.18x | 2.73x | $133.07 Million |
| 2024 | 18.21% | 6.41% | 1.24x | 2.29x | $150.35 Million |
| 2025 | 13.92% | 4.55% | 1.27x | 2.41x | $69.75 Million |
Industry Comparison
This section compares Tetra Tech Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $851,605,580
- Average return on equity (ROE) among peers: -7.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tetra Tech Inc (TTEK) | $1.86 Billion | 82.14% | 1.34x | $7.10 Billion |
| Arcosa Inc (ACA) | $1.89 Billion | 5.63% | 0.40x | $6.03 Billion |
| Aecom Technology Corporation (ACM) | $1.44 Billion | 10.20% | 1.49x | $8.90 Billion |
| Argan Inc (AGX) | $341.03 Million | -12.59% | 0.43x | $8.69 Billion |
| Ameresco Inc (AMRC) | $74.09 Million | 24.66% | 2.94x | $996.60 Million |
| Api Group Corp (APG) | $1.76 Billion | -8.71% | 1.28x | $18.43 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $279.33 Million | 10.27% | 2.18x | $401.56 Million |
| Topbuild Corp (BLD) | $915.73 Million | 8.62% | 0.79x | $11.34 Billion |
| Blink Charging Co (BLNK) | $64.49 Million | -129.30% | 1.29x | $93.38 Million |
| Bowman Consulting Group Ltd (BWMN) | $246.12 Million | 1.14% | 1.06x | $483.57 Million |
| Cadeler A/S (CDLR) | $1.50 Billion | 17.91% | 1.27x | $2.09 Billion |
About Tetra Tech Inc
Tetra Tech, Inc. provides consulting and engineering services focusing on water, environment, and sustainable infrastructure in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers consulting and engineering services, including water resources analysis and water m… Read more