TETRA Technologies, Inc. (TTI) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Equipment & Services
EV/EBITDA
↓
16.06
+16% vs avg
5yr avg: 13.83
30Y Low3.0·High25.6
P/FCF
↑
68.27
↑+64% vs avg
5yr avg: 41.66
30Y Low2.3·High64.8
P/B Ratio
↑
4.72
↑+29% vs avg
5yr avg: 3.65
30Y Low0.7·High4.6
ROE
↑
1.1%
↑-91% vs avg
5yr avg: 12.7%
30Y Low-59%·High54%
Debt/EBITDA
↓
2.72
↓-34% vs avg
5yr avg: 4.14
30Y Low0.0·High9.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TTI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
TETRA Technologies, Inc. trades at 444.1x earnings, 251% above its 5-year average of 126.7x, sitting at the 100th percentile of its historical range. Compared to the Energy sector median P/E of 16.9x, the stock trades at a premium of 2533%. On a free-cash-flow basis, the stock trades at 68.3x P/FCF, 64% above the 5-year average of 41.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $1.3B | $473M | $593M | $449M | $360M | $108M | $246M | $208M | $489M | $438M |
| Enterprise Value | $1.6B | $1.5B | $658M | $738M | $630M | $519M | $287M | $485M | $1.0B | $1.2B | $1.1B |
| P/E Ratio → | 444.14 | 422.07 | 4.37 | 23.00 | 57.28 | — | — | — | — | — | — |
| P/S Ratio | 2.11 | 2.01 | 0.79 | 0.95 | 0.81 | 0.93 | 0.29 | 0.44 | 0.21 | 0.68 | 0.63 |
| P/B Ratio | 4.72 | 4.48 | 1.87 | 4.03 | 4.22 | 3.65 | 1.53 | 1.51 | 0.67 | 1.39 | 1.09 |
| P/FCF | 68.27 | 64.81 | — | 18.51 | — | — | 2.28 | — | — | 38.58 | 13.31 |
| P/OCF | 13.29 | 12.62 | 12.96 | 8.45 | 23.69 | 77.21 | 1.41 | 2.73 | 4.48 | 7.57 | 8.12 |
P/E links to full P/E history page with 30-year chart
TTI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
TETRA Technologies, Inc.'s enterprise value stands at 16.1x EBITDA, 16% above its 5-year average of 13.8x. The Energy sector median is 8.1x, placing the stock at a 97% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.35 | 1.10 | 1.18 | 1.14 | 1.34 | 0.76 | 0.86 | 1.01 | 1.60 | 1.59 |
| EV / EBITDA | 16.06 | 15.36 | 7.67 | 9.23 | 11.32 | 25.56 | 9.74 | 9.02 | 6.79 | 10.53 | 13.25 |
| EV / EBIT | 26.06 | 33.87 | 12.84 | 13.65 | 23.32 | 313.69 | — | — | 28.37 | 82.51 | — |
| EV / FCF | — | 75.98 | — | 23.01 | — | — | 6.05 | — | — | 91.05 | 33.50 |
TTI Profitability
Margins and return-on-capital ratios measuring operating efficiency
TETRA Technologies, Inc. earns an operating margin of 9.4%, below the Energy sector average of 14.5%. Operating margins have expanded from 7.3% to 9.4% over the past 3 years, signaling improving operational efficiency. ROE of 1.1% is modest, trailing the sector median of 7.9%. ROIC of 9.5% represents adequate returns on invested capital versus a sector median of 6.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.4% | 25.4% | 23.4% | 22.6% | 20.5% | 15.4% | 18.0% | 18.3% | 16.6% | 16.7% | 10.0% |
| Operating Margin | 9.4% | 9.4% | 8.3% | 7.3% | 4.1% | -3.4% | -2.3% | 1.1% | 3.4% | 0.8% | -6.7% |
| Net Profit Margin | 0.5% | 0.5% | 18.1% | 4.1% | 1.4% | -4.3% | -13.5% | -24.9% | -2.8% | -5.4% | -23.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.1% | 1.1% | 54.1% | 20.3% | 7.6% | -19.8% | -43.7% | -58.8% | -8.3% | -10.4% | -35.3% |
| ROA | 0.4% | 0.4% | 17.8% | 5.4% | 1.8% | -2.2% | -4.3% | -10.5% | -2.0% | -3.0% | -10.9% |
| ROIC | 9.5% | 9.5% | 10.3% | 11.8% | 6.3% | -3.9% | -2.0% | 0.6% | 2.4% | 0.4% | -2.9% |
| ROCE | 9.7% | 9.7% | 10.3% | 12.9% | 7.2% | -4.1% | -1.2% | 0.5% | 2.9% | 0.5% | -3.5% |
TTI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
TETRA Technologies, Inc. carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (13% above the sector average of 2.4x). Net debt stands at $218M ($263M total debt minus $45M cash). Interest coverage of just 2.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.93 | 0.93 | 0.87 | 1.34 | 1.82 | 1.94 | 3.47 | 1.56 | 2.69 | 1.96 | 1.75 |
| Debt / EBITDA | 2.72 | 2.72 | 2.58 | 2.46 | 3.49 | 9.42 | 8.35 | 4.73 | 5.66 | 6.31 | 8.42 |
| Net Debt / Equity | — | 0.77 | 0.73 | 0.98 | 1.70 | 1.62 | 2.52 | 1.46 | 2.57 | 1.89 | 1.66 |
| Net Debt / EBITDA | 2.26 | 2.26 | 2.15 | 1.81 | 3.25 | 7.87 | 6.07 | 4.44 | 5.39 | 6.07 | 7.98 |
| Debt / FCF | — | 11.16 | — | 4.50 | — | — | 3.77 | — | — | 52.47 | 20.18 |
| Interest Coverage | 2.53 | 2.53 | 2.28 | 2.42 | 1.71 | 0.10 | -0.33 | -5.03 | 0.49 | 0.24 | -2.95 |
TTI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
TETRA Technologies, Inc.'s current ratio of 2.02x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 2.24x to 2.02x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.02 | 2.02 | 2.19 | 2.24 | 1.92 | 2.17 | 1.17 | 1.86 | 2.00 | 1.96 | 2.36 |
| Quick Ratio | 2.02 | 2.02 | 1.36 | 1.47 | 1.34 | 1.45 | 1.07 | 1.44 | 1.28 | 1.29 | 1.45 |
| Cash Ratio | 0.29 | 0.29 | 0.30 | 0.42 | 0.11 | 0.32 | 0.08 | 0.08 | 0.20 | 0.15 | 0.31 |
| Asset Turnover | — | 0.80 | 0.83 | 1.25 | 1.21 | 0.97 | 0.33 | 0.44 | 0.72 | 0.55 | 0.53 |
| Inventory Turnover | — | — | 4.51 | 5.02 | 6.10 | 4.75 | 4.04 | 5.70 | 5.80 | 5.22 | 5.87 |
| Days Sales Outstanding | — | 3.35 | 63.86 | 65.16 | 85.53 | 85.74 | 61.92 | 72.31 | 71.31 | 72.71 | 60.04 |
TTI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
TETRA Technologies, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 1.1% | 0.5% | 9.2% | 3.9% | 6.6% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.2% | 0.2% | 22.9% | 4.3% | 1.7% | — | — | — | — | — | — |
| FCF Yield | 1.5% | 1.5% | — | 5.4% | — | — | 43.8% | — | — | 2.6% | 7.5% |
| Buyback Yield | 0.0% | 0.0% | 0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 11.4% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.6% | 0.0% | 0.0% | 0.0% | 1.1% | 11.9% | 9.2% | 3.9% | 6.6% |
| Shares Outstanding | — | $135M | $132M | $131M | $130M | $127M | $126M | $126M | $124M | $114M | $87M |
Peer Comparison
Compare TTI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TTIYou | $1B | 444.1 | 16.1 | 68.3 | 25.4% | 9.4% | 1.1% | 9.5% | 2.7 |
 NCSM | $105M | 4.6 | 4.6 | 5.0 | 38.2% | 6.4% | 18.3% | 7.9% | 0.7 |
 WTTR | $2B | 87.3 | 10.1 | — | 14.0% | 2.5% | 2.3% | 2.3% | 1.8 |
 KLXE | $61M | -0.8 | 5.8 | — | 21.2% | -4.8% | — | -9.4% | 4.9 |
 NINE | $429M | -7.9 | 337.9 | — | — | — | — | 0.7% | 163.0 |
 SLB | $83B | 23.5 | 12.5 | 17.3 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $34B | 26.9 | 11.7 | 20.2 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 BKR | $66B | 25.6 | 14.7 | 26.1 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 |
 NEWP | $1B | -264.3 | — | — | — | — | -2.8% | -4.0% | — |
 PUMP | $2B | 2021.8 | 10.8 | 45.5 | 9.9% | 1.5% | 0.1% | 1.4% | 1.3 |
 ACDC | $1B | -3.1 | 8.5 | 65.8 | 3.7% | -6.9% | -37.7% | -4.6% | 4.0 |
| Energy Median | — | 16.9 | 8.1 | 14.1 | 32.7% | 14.5% | 7.9% | 6.4% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
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Start ComparisonTTI — Frequently Asked Questions
Quick answers to the most common questions about buying TTI stock.
What is TETRA Technologies, Inc.'s P/E ratio?
TETRA Technologies, Inc.'s current P/E ratio is 444.1x. The historical average is 34.6x. This places it at the 100th percentile of its historical range.
What is TETRA Technologies, Inc.'s EV/EBITDA?
TETRA Technologies, Inc.'s current EV/EBITDA is 16.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.1x.
What is TETRA Technologies, Inc.'s ROE?
TETRA Technologies, Inc.'s return on equity (ROE) is 1.1%. The historical average is -0.5%.
Is TTI stock overvalued?
Based on historical data, TETRA Technologies, Inc. is trading at a P/E of 444.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are TETRA Technologies, Inc.'s profit margins?
TETRA Technologies, Inc. has 25.4% gross margin and 9.4% operating margin.
How much debt does TETRA Technologies, Inc. have?
TETRA Technologies, Inc.'s Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.