TTEK
Tetra Tech, Inc.
TTEK's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over TTEK overall, supported by stronger valuation and stronger modeled upside.
TTEK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Healthy |
TTEK's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
TTEK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 23x | $39.43 | — |
| Forward | 23x | $39.43 | — |
| Cheap | 26x | $43.51 | +10% |
| Fair | 33x | $54.13 | +37% |
| Expensive | 42x | $70.31 | +78% |
Historical ranges are pointers, not guarantees.
TTEK's PE is 23x, but its earnings don't support one, so it isn't a reliable read right now.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over TTEK in the historical PE scenario, which offers more potential upside but is not a forecast.
TTEK Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TTEK, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over TTEK on the outlook, with more favorable valuation expectations.
TTEK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.71 | +3.1% |
| Q2 2026 | $1.66 | +107% |
| Q1 2026 | $1.67 | +142% |
| Q4 2025 | $1.33 | +40% |
| Q3 2025 | $0.93 | -24% |
| Q2 2025 | $0.80 | -26% |
| Q1 2025 | $0.69 | -30% |
| Q4 2024 | $0.95 | +10% |
| Q3 2024 | $1.23 | +21% |
TTEK earned $1.66 per share over the past year, up 107% from the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over TTEK on earnings, with more consistent year-over-year improvement.
TTEK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.3B | -4.5% |
| Q1 2026 | $1.2B | -7.7% |
| Q4 2025 | $1.2B | -15% |
| Q3 2025 | $1.3B | -3.2% |
| Q2 2025 | $1.4B | +1.9% |
| Q1 2025 | $1.3B | +5.6% |
| Q4 2024 | $1.4B | +16% |
| Q3 2024 | $1.4B | +9% |
TTEK's revenue is shrinking: $1.3B last quarter, down 4.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | 0 points |
| Q1 2026 | 11% | +7.8 points |
| Q4 2025 | 12% | +10 points |
| Q3 2025 | 14% | +3.2 points |
| Q2 2025 | 12% | +2.5 points |
| Q1 2025 | 3% | -6.4 points |
| Q4 2024 | 1.6% | -7.4 points |
| Q3 2024 | 10% | +1.9 points |
TTEK's operating margin was 12% last quarter, about level with the same quarter a year ago, near the top of its range since 2019.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over TTEK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over TTEK on profitability, with a higher operating margin.
TTEK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $225.1M | -35% |
| Q1 2026 | $159.4M | +$171.1M |
| Q4 2025 | $68.1M | +607% |
| Q3 2025 | $95.6M | -3.2% |
| Q2 2025 | $345.6M | +152% |
| Q1 2025 | -$11.8M | -112% |
| Q4 2024 | $9.6M | +66% |
| Q3 2024 | $98.8M | -12% |
TTEK generated $548M in free cash flow over the past year, up 24% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over TTEK on cash flow, with more consistent year-over-year improvement.
TTEK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2.1M shares |
| 1 year | -1.9% | -5.1M shares |
| 3 years | -3.2% | -8.5M shares |
| 5 years | -5% | -13.6M shares |
| Available history | -6.6% | -18.3M shares |
TTEK has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $100M |
| Q1 2026 | $52M |
| Q4 2025 | $50M |
| Q3 2025 | $50M |
| Q2 2025 | $25M |
| Q1 2025 | $150M |
| Q4 2024 | $25M |
| Q3 2023 | — |
TTEK spent $252M buying back its own shares over the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
TTEK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.3x | Healthy |
| Q3 2024 | 1.0x | Healthy |
TTEK's net debt is less than a year of its operating earnings (EBITDA), down from 1.4 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over TTEK on leverage, with a lower net debt burden relative to earnings.
TTEK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.3 | Neutral |
| Stochastic | 86.5 | Overbought |
TTEK's weekly RSI is 65 (neutral) and its Stochastic is 87 (overbought).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
TTEK PE vs Industrials Sector
| Metric | TTEK | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 24x | 2.9% below |
| PE % | 9 | 58 | 49 pts below |
TTEK has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
TTEK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.3 | 8.6% above |
| 20 week MA | $35.1 | 12% above |
| 50 week MA | $33.6 | 17% above |
| 100 week MA | $34.1 | 16% above |
| 200 week MA | $35.1 | 12% above |
TTEK has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
TTEK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $23.1 | +34% |
| 2021 | $23.1 | $33.6 | +45% |
| 2022 | $33.6 | $29.8 | -11% |
| 2023 | $29.8 | $33.4 | +12% |
| 2024 | $33.4 | $39.8 | +19% |
| 2025 | $39.8 | $34.0 | -15% |
| 2026 YTD | $34.0 | $39.4 | +16% |
TTEK has finished higher in four of the last six years. It's up 16% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over TTEK on returns for 2026, with the stronger performance.