TETRA Technologies, Inc. logo

TETRA Technologies, Inc.

TTI

NYSEEnergyOil & Gas Equipment & Services

Latest quote

$7.20

−$0.04 · -0.55%

Aug 21, 3:59 PM ET

TTI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

6

Overpriced

Momentum

41

Neutral

Sentiment

66

Bullish

Risk resilience

45

Elevated Risk

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Company profile

Company website

TETRA Technologies, Inc. (TTI) is a diversified enterprise that delivers a range of services to the oil and gas industry. The company organizes its operations into two primary divisions: Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products segment is responsible for the production and distribution of specialized chemical formulations, such as clear brine fluids, various additives, and complementary services. These products are vital for well drilling, completion, and workover procedures in the oil and gas sector, with a market presence spanning the United States, Latin America, Europe, Asia, the Middle East, and Africa. This division also trades in both liquid and dry calcium chloride products. The Water & Flowback Services segment offers comprehensive water management solutions designed for onshore oil and gas operators. Additionally, it provides services like frac flowback and production well testing, along with other related support. These services are delivered across oil and gas producing areas in the United States and Mexico, as well as in numerous basins throughout Latin America, Africa, Europe, and the Middle East. Founded in 1981, TETRA Technologies, Inc. is headquartered in The Woodlands, Texas.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Brady Murphy
Listed since
Apr 3, 1990
Employees
1,400

Market position

Volume
1.09M
0.63× average
Average volume
1.74M
Average daily volume
Market cap
1.05B USD
Beta
1.26
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
135.66×
P/B (TTM)
2.45×
P/S (TTM)
1.64×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
23.73%
Operating margin
7.81%
Net margin
0.97%

Financial health

Debt / equity
0.55×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%16%5%-7%Gross margin, FY2021: 15.41%Gross margin, FY2022: 20.52%Gross margin, FY2023: 22.62%Gross margin, FY2024: 23.36%Gross margin, FY2025: 25.38%Operating margin, FY2021: -3.40%Operating margin, FY2022: 4.12%Operating margin, FY2023: 7.27%Operating margin, FY2024: 8.34%Operating margin, FY2025: 9.44%Net margin, FY2021: -4.33%Net margin, FY2022: 1.42%Net margin, FY2023: 4.12%Net margin, FY2024: 18.07%Net margin, FY2025: 0.48%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.41%. Gross margin FY2022 20.52%. Gross margin FY2023 22.62%. Gross margin FY2024 23.36%. Gross margin FY2025 25.38%. Operating margin FY2021 -3.40%. Operating margin FY2022 4.12%. Operating margin FY2023 7.27%. Operating margin FY2024 8.34%. Operating margin FY2025 9.44%. Net margin FY2021 -4.33%. Net margin FY2022 1.42%. Net margin FY2023 4.12%. Net margin FY2024 18.07%. Net margin FY2025 0.48%.

Income trends

Revenue

630.93M USD+5.31%

Operating income

59.55M USD+19.12%

Net income

3.01M USD-97.22%
Income trends across reported periods695.71M USD436.61M USD177.52M USD−81.58M USDRevenue, FY2021: 388.27M USDRevenue, FY2022: 553.21M USDRevenue, FY2023: 626.26M USDRevenue, FY2024: 599.11M USDRevenue, FY2025: 630.93M USDOperating income, FY2021: −13.18M USDOperating income, FY2022: 22.8M USDOperating income, FY2023: 45.55M USDOperating income, FY2024: 49.99M USDOperating income, FY2025: 59.55M USDNet income, FY2021: −16.8M USDNet income, FY2022: 7.84M USDNet income, FY2023: 25.78M USDNet income, FY2024: 108.28M USDNet income, FY2025: 3.01M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 388.27M USD. Revenue FY2022 553.21M USD. Revenue FY2023 626.26M USD. Revenue FY2024 599.11M USD. Revenue FY2025 630.93M USD. Operating income FY2021 −13.18M USD. Operating income FY2022 22.8M USD. Operating income FY2023 45.55M USD. Operating income FY2024 49.99M USD. Operating income FY2025 59.55M USD. Net income FY2021 −16.8M USD. Net income FY2022 7.84M USD. Net income FY2023 25.78M USD. Net income FY2024 108.28M USD. Net income FY2025 3.01M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue630.93M USD599.11M USD626.26M USD553.21M USD388.27M USD
Cost of goods sold470.82M USD459.15M USD484.62M USD439.68M USD328.45M USD
Gross profit160.11M USD139.96M USD141.64M USD113.53M USD59.82M USD
Selling, general, and administrative100.56M USD89.97M USD96.59M USD91.94M USD75.05M USD
Operating expenses100.56M USD89.97M USD96.09M USD90.73M USD73M USD
Interest expense17.33M USD22.47M USD22.35M USD15.83M USD16.38M USD
Depreciation and amortization37.1M USD35.72M USD34.33M USD32.82M USD33.5M USD
Operating income59.55M USD49.99M USD45.55M USD22.8M USD−13.18M USD
Net income3.01M USD108.28M USD25.78M USD7.84M USD−16.8M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 4 misses, 4 met estimates
Average EPS surprise
+6.05%
11 comparable reports
Latest EPS result
0.08
Estimate 0.08 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.150.110.060.02Q1 '25MetQ2 '25BeatQ3 '25MetQ4 '25MetQ1 '26MissQ2 '26BeatQ3 '26MetQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q2 2025, reported Apr 29, 2025: actual 0.11, estimate 0.08, surprise +37.50%, Beat. Q3 2025, reported Jul 29, 2025: actual 0.09, estimate 0.09, surprise 0.00%, Met estimate. Q4 2025, reported Oct 28, 2025: actual 0.04, estimate 0.04, surprise 0.00%, Met estimate. Q1 2026, reported Feb 25, 2026: actual 0.02, estimate 0.03, surprise -33.33%, Miss. Q2 2026, reported Apr 29, 2026: actual 0.06, estimate 0.03, surprise +100.00%, Beat. Q3 2026, reported Aug 3, 2026: actual 0.08, estimate 0.08, surprise 0.00%, Met estimate. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates193.08M171.08M149.08M127.08MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 134.5M USD, estimate 138.96M USD, surprise -3.21%, Miss. Q2 2025, reported Apr 29, 2025: actual 157.14M USD, estimate 159.71M USD, surprise -1.61%, Miss. Q3 2025, reported Jul 29, 2025: actual 173.87M USD, estimate 172.46M USD, surprise +0.82%, Beat. Q4 2025, reported Oct 28, 2025: actual 153.24M USD, estimate 144.4M USD, surprise +6.12%, Beat. Q1 2026, reported Feb 25, 2026: actual 146.68M USD, estimate 141.06M USD, surprise +3.98%, Beat. Q2 2026, reported Apr 29, 2026: actual 156.25M USD, estimate 151.2M USD, surprise +3.34%, Beat. Q3 2026, reported Aug 3, 2026: actual 185.66M USD, estimate 176.16M USD, surprise +5.39%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 159.22M USD, surprise —, Comparison unavailable.

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