Tetra Tech, Inc. (TTEK) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
3475 EAST FOOTHILL BOULEVARD PASADENA, CA 91107 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 8711 - Engineering Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2022 Q1 | 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 164 | 185 | 217 | 194 | 206 | 167 | 234 | ||
| Cash and cash equivalents | 164 | 185 | 217 | 194 | 206 | 167 | 234 | ||
| Receivables | 796 | 765 | 734 | 672 | 706 | 683 | 685 | ||
| Contract with customer, asset, after allowance for credit loss | 81 | 92 | 100 | 115 | 98 | 104 | 91 | ||
| Other undisclosed current assets | 194 | 115 | 94 | 101 | 103 | 112 | 96 | ||
| Total current assets: | 1,235 | 1,158 | 1,145 | 1,082 | 1,113 | 1,066 | 1,106 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 183 | 182 | 191 | 205 | 212 | 215 | 213 | ||
| Property, plant and equipment | 35 | 32 | 35 | 37 | 35 | 38 | 36 | ||
| Long-term investments and receivables | 5 | 4 | 5 | 4 | 3 | 8 | |||
| Long-term investments | 5 | 4 | 5 | 4 | 3 | 8 | |||
| Intangible assets, net (including goodwill) | 1,161 | 1,140 | 1,185 | 1,198 | 1,160 | 1,147 | 1,061 | ||
| Goodwill | 1,133 | 1,110 | 1,151 | 1,159 | 1,123 | 1,109 | 1,052 | ||
| Intangible assets, net (excluding goodwill) | 28 | 29 | 34 | 39 | 37 | 38 | 9 | ||
| Deferred income tax assets | 52 | 48 | 57 | 59 | 59 | 54 | 35 | ||
| Other noncurrent assets | 66 | 58 | 60 | 60 | 57 | 53 | 52 | ||
| Total noncurrent assets: | 1,497 | 1,465 | 1,532 | 1,564 | 1,527 | 1,511 | 1,405 | ||
| TOTAL ASSETS: | 2,731 | 2,623 | 2,678 | 2,646 | 2,640 | 2,577 | 2,511 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 336 | 385 | 363 | 312 | 309 | 335 | 326 | ||
| Employee-related liabilities | ✕ | 238 | 225 | 183 | 166 | 206 | 193 | ||
| Accounts payable | 151 | 147 | 138 | 129 | 143 | 129 | 133 | ||
| Accrued liabilities | 184 | ||||||||
| Deferred revenue | 274 | 241 | 247 | 225 | 220 | 190 | 179 | ||
| Debt | 13 | 13 | 27 | 13 | 17 | 13 | 16 | ||
| Provision for loss on contracts | 8 | 10 | 11 | 12 | 14 | 13 | 8 | ||
| Business combination, contingent consideration, liability | 34 | 29 | 32 | 28 | 22 | 20 | 16 | ||
| Other liabilities | 159 | 190 | 216 | 213 | 217 | 224 | 209 | ||
| Other undisclosed current liabilities | 48 | 48 | 49 | 53 | 51 | 55 | 57 | ||
| Total current liabilities: | 871 | 916 | 945 | 855 | 849 | 848 | 811 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 234 | 393 | 389 | 403 | 420 | 374 | 407 | ||
| Long-term debt, excluding current maturities | 234 | 246 | 234 | 238 | 247 | 200 | 234 | ||
| Liabilities, other than long-term debt | 303 | 131 | 138 | 143 | 134 | 120 | 100 | ||
| Deferred income tax liabilities | 33 | 15 | 18 | 17 | 14 | 11 | 18 | ||
| Other liabilities | 87 | 79 | 69 | 74 | 76 | 69 | 67 | ||
| Operating lease, liability | 148 | 146 | 154 | 166 | 173 | 174 | 173 | ||
| Business combination, contingent consideration, liability | 35 | 37 | 51 | 52 | 44 | 40 | 15 | ||
| Total noncurrent liabilities: | 537 | 524 | 527 | 546 | 553 | 494 | 507 | ||
| Total liabilities: | 1,408 | 1,440 | 1,473 | 1,401 | 1,403 | 1,342 | 1,318 | ||
| Equity | |||||||||
| Equity, attributable to parent | 1,324 | 1,183 | 1,205 | 1,245 | 1,238 | 1,234 | 1,192 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 3 | ||||||||
| Accumulated other comprehensive loss | (175) | (208) | (158) | (115) | (123) | (125) | (102) | ||
| Retained earnings | 1,495 | 1,391 | 1,362 | 1,359 | 1,360 | 1,359 | 1,294 | ||
| Equity, attributable to noncontrolling interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total equity: | 1,324 | 1,183 | 1,205 | 1,245 | 1,238 | 1,234 | 1,192 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,731 | 2,623 | 2,678 | 2,646 | 2,640 | 2,577 | 2,511 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2022 Q1 | 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 895 | 903 | 890 | 853 | 859 | 892 | 802 | |
| Other undisclosed gross profit | (742) | (747) | (746) | (718) | (719) | (748) | (676) | |
| Gross profit: | 153 | 156 | 145 | 135 | 140 | 144 | 126 | |
| Other undisclosed operating loss | (61) | (61) | (61) | (61) | (53) | (62) | (56) | |
| Operating income: | 92 | 95 | 84 | 75 | 87 | 82 | 70 | |
| Nonoperating income (Other Nonoperating income) | 68 | |||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 8 | (12) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 160 | 103 | 84 | 75 | 87 | 70 | 70 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (5) | 9 | (3) | (3) | (3) | 9 | (3) | |
| Income from continuing operations before income taxes: | 155 | 112 | 81 | 71 | 84 | 79 | 67 | |
| Income tax expense (benefit) | (38) | (29) | (22) | (18) | (16) | 4 | (15) | |
| Income from continuing operations: | 117 | 83 | 59 | 53 | 68 | 83 | 52 | |
| Income before gain (loss) on sale of properties: | ✕ | 83 | 59 | 53 | 68 | 83 | 52 | |
| Net income: | 117 | 83 | 59 | 53 | 68 | 83 | 52 | |
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | 0 | (0) | |
| Net income available to common stockholders, diluted: | 117 | 83 | 59 | 53 | 68 | 83 | 52 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2022 Q1 | 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 117 | 83 | 59 | 53 | 68 | 83 | 52 | |
| Other comprehensive income (loss) | 33 | (50) | (43) | 8 | 2 | (23) | 13 | |
| Comprehensive income: | 150 | 33 | 16 | 61 | 70 | 60 | 65 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | 0 | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 150 | 33 | 16 | 61 | 70 | 60 | 65 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.