Tetra Tech, Inc. Declares Quarterly Dividend of $0.07 (NASDAQ:TTEK)

Key Points

• Tetra Tech declared a quarterly dividend of $0.072 per share, payable August 27 to shareholders of record on August 13. The dividend yields approximately 0.8% and marks the company’s 11th consecutive year of annual dividend increases.
• The dividend appears well covered, with a current payout ratio of 18.2%; analysts expect a future payout ratio of 15.9% based on projected earnings.
• Tetra Tech exceeded quarterly expectations, reporting EPS of $0.42 versus the $0.40 consensus and revenue of $1.31 billion, though revenue declined 4.4% year over year.

Tetra Tech, Inc. (NASDAQ:TTEK - Get Free Report) declared a quarterly dividend on Monday, July 27th. Investors of record on Thursday, August 13th will be given a dividend of 0.072 per share by the industrial products company on Thursday, August 27th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th.

Tetra Tech has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 11 consecutive years. Tetra Tech has a payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Tetra Tech to earn $1.76 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 15.9%.

Tetra Tech Stock Performance

Shares of Tetra Tech stock opened at $35.04 on Tuesday. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 21.11 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The business has a 50-day moving average of $30.35 and a 200 day moving average of $31.94. Tetra Tech has a 12 month low of $25.81 and a 12 month high of $43.14.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The business's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. As a group, sell-side analysts forecast that Tetra Tech will post 1.58 earnings per share for the current year.

Tetra Tech Company Profile

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech's multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company's core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.

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