Financial Snapshot

Revenue
$617.7M
TTM
Gross Margin
22.8%
TTM
Net Earnings
$1.669M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
233.25%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$345.7M
Q3 2024
Book Value
$155.4M
Q3 2024
Cash
Q3 2024
P/E
295.4
Nov 15, 2024 EST
Free Cash Flow
-$3.944M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $626.3M $553.2M $388.3M $377.7M $561.2M $560.1M $820.4M $694.8M $1.130B $1.078B $909.4M $880.8M $880.8M
YoY Change 13.2% 42.48% 2.79% -32.7% 0.2% -31.73% 18.08% -38.52% 4.88% 18.49% 3.24% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $626.3M $553.2M $388.3M $377.7M $561.2M $560.1M $820.4M $694.8M $1.130B $1.078B $909.4M $880.8M $880.8M
Cost Of Revenue $472.5M $433.0M $328.5M $309.7M $946.1M $836.5M $614.7M $556.6M $940.9M $982.5M $774.0M $713.5M $713.5M
Gross Profit $153.6M $121.1M $59.24M $67.54M $11.81M $103.3M $108.4M $60.84M $189.2M $95.04M $135.4M $167.4M $167.4M
Gross Profit Margin 24.53% 21.89% 15.26% 17.88% 2.1% 18.44% 13.21% 8.76% 16.74% 8.82% 14.89% 19.0% 19.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $96.59M $91.94M $75.05M $76.70M $96.47M $132.4M $115.4M $108.4M
YoY Change 5.06% 22.51% -2.15% -20.49% -27.17% 14.76% 6.45%
% of Gross Profit 62.87% 75.92% 126.69% 113.55% 817.02% 128.24% 106.48% 178.21%
Research & Development $12.12M $6.635M
YoY Change 82.65%
% of Gross Profit 7.89% 5.48%
Depreciation & Amortization $34.33M $32.82M $33.53M $118.7M $124.3M $117.0M $116.2M $129.6M $155.0M $116.9M $80.99M $70.70M
YoY Change 4.6% -2.13% -71.76% -4.45% 6.21% 0.73% -10.37% -16.4% 32.59% 44.36% 14.55%
% of Gross Profit 22.34% 27.1% 56.61% 175.81% 1052.58% 113.29% 107.17% 213.01% 81.92% 123.01% 59.82% 42.24%
Operating Expenses $108.7M $98.58M $75.05M $76.70M $96.47M $132.4M $115.4M $108.4M
YoY Change 10.28% 31.35% -2.15% -20.49% -27.17% 14.76% 6.45%
Operating Profit $44.94M $22.53M -$15.81M -$9.154M -$84.66M -$29.17M -$7.024M -$47.58M
YoY Change 99.41% -242.51% 72.73% -89.19% 190.28% 315.22% -85.24%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $22.93M $16.82M $16.56M $19.33M $21.81M $19.75M $58.03M $58.61M $54.48M $34.97M $17.12M $17.08M $17.08M
YoY Change 36.32% 1.61% -14.33% -11.38% 10.43% -65.97% -1.0% 7.6% 55.8% 104.22% 0.24% 0.0%
% of Operating Profit 51.03% 74.66%
Other Income/Expense, Net $9.112M $4.465M $16.43M $116.0K $1.925M -$5.607M -$865.0K -$4.308M -$6.081M -$10.98M $7.291M $4.616M $4.616M
YoY Change 104.08% -72.82% 14062.07% -93.97% -134.33% 548.21% -79.92% -29.16% -44.6% -250.56% 57.95% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $31.70M $11.17M -$14.72M -$25.09M -$128.1M -$2.628M -$44.04M -$223.2M -$195.8M -$138.6M -$14.32M $2.206M -$9.167M
YoY Change 183.89% -175.85% -41.32% -80.42% 4774.77% -94.03% -80.27% 14.0% 41.24% 868.02% -749.23% -124.06%
Income Tax $6.220M $3.565M $2.084M $1.758M $2.811M -$3.684M $751.0K $2.156M $7.704M $9.704M -$3.454M $9.429M $9.429M
% Of Pretax Income 19.62% 31.93% 427.43%
Net Earnings $25.78M $7.839M $103.3M -$51.14M -$147.4M -$61.62M -$39.05M -$161.5M -$126.2M -$169.7M $153.0K $15.96M $15.96M
YoY Change 228.92% -92.41% -302.05% -65.31% 139.24% 57.8% -75.82% 27.96% -25.63% -111000.65% -99.04% 0.0%
Net Earnings / Revenue 4.12% 1.42% 26.61% -13.54% -26.27% -11.0% -4.76% -23.24% -11.17% -15.75% 0.02% 1.81% 1.81%
Basic Earnings Per Share $0.20 $0.06 $0.82 -$0.41 -$1.17 -$0.50 -$0.34 -$1.85 -$1.59 -$2.16 $0.00 $0.21 $0.21
Diluted Earnings Per Share $0.20 $0.06 $0.82 -$0.41 -$1.17 -$0.50 -$0.34 -$1.85 -$1.59 -$2.16 $0.00 $0.20 $0.20

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $52.49M $13.59M $31.55M $67.25M $17.70M $40.04M $26.13M $29.84M
YoY Change 286.15% -56.92% -53.09% 279.87% -55.78% 53.24% -12.44%
Cash & Equivalents $52.49M $13.59M $31.55M $67.25M $17.70M $40.04M $26.13M $29.84M
Short-Term Investments
Other Short-Term Assets $21.20M $23.11M $18.54M $723.6M $20.63M $21.95M $52.74M $25.12M
YoY Change -8.29% 24.67% -97.44% 3407.82% -6.01% -58.39% 109.93%
Inventory $96.54M $72.11M $69.10M $76.66M $136.5M $143.6M $115.4M $106.5M
Prepaid Expenses
Receivables $111.8M $129.6M $91.20M $64.08M $176.5M $187.6M $144.1M $114.3M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $7.544M $0.00 $0.00
Total Short-Term Assets $282.0M $238.4M $210.4M $931.5M $351.4M $400.7M $338.4M $275.8M
YoY Change 18.27% 13.34% -77.41% 165.13% -12.31% 18.42% 22.68%
Property, Plant & Equipment $142.1M $138.2M $125.9M $140.3M $826.8M $853.9M $809.4M $945.5M
YoY Change 2.82% 9.75% -10.23% -83.03% -3.18% 5.5% -14.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.35M $14.29M $11.23M
YoY Change 21.48% 27.18%
Other Assets $8.335M $10.45M $13.74M $19.50M $19.60M $22.86M $106.8M $19.95M
YoY Change -20.2% -23.96% -29.57% -0.51% -14.26% -78.59% 435.3%
Total Long-Term Assets $196.9M $195.9M $187.9M $201.3M $920.6M $984.8M $970.3M $1.040B
YoY Change 0.52% 4.28% -6.67% -78.13% -6.53% 1.5% -6.68%
Total Assets $479.0M $434.4M $398.3M $1.133B $1.272B $1.386B $1.309B $1.316B
YoY Change
Accounts Payable $52.29M $49.12M $37.94M $22.57M $88.92M $80.28M $70.85M $45.89M
YoY Change 6.45% 29.46% 68.09% -74.61% 10.76% 13.31% 54.39%
Accrued Expenses $62.49M $62.98M $50.73M $34.47M $71.35M $61.73M $46.35M $43.78M
YoY Change -0.77% 24.15% 47.18% -51.69% 15.59% 33.19% 5.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $828.0K $1.332M $30.00K
YoY Change -37.84%
Total Short-Term Liabilities $126.0M $124.3M $97.14M $798.1M $188.7M $200.4M $173.7M $116.9M
YoY Change 1.36% 27.92% -87.83% 322.88% -5.8% 15.33% 48.62%
Long-Term Debt $159.3M $156.9M $151.9M $199.9M $842.9M $842.6M $691.3M $700.8M
YoY Change 1.54% 3.28% -23.99% -76.28% 0.03% 21.88% -1.36%
Other Long-Term Liabilities $44.05M $44.75M $48.96M $61.86M $74.51M $26.61M $86.64M $90.10M
YoY Change -1.55% -8.6% -20.86% -16.98% 180.06% -69.29% -3.84%
Total Long-Term Liabilities $203.4M $201.7M $200.9M $261.8M $917.4M $869.2M $777.9M $790.9M
YoY Change 0.85% 0.38% -23.25% -71.47% 5.55% 11.73% -1.64%
Total Liabilities $330.4M $326.7M $298.6M $1.142B $1.238B $1.212B $1.101B $1.082B
YoY Change 1.11% 9.44% -73.87% -7.68% 2.1% 10.14% 1.71%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $492.97 Million

About Tetra Technologies Inc

TETRA Technologies, Inc. is an energy services and solutions company, which focuses on developing environmentally conscious services and solutions that help make people’s lives better. The company is headquartered in The Woodlands, Texas and currently employs 1,500 full-time employees. The firm is focused on bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services. The firm's segments include Completion Fluids & Products Division and Water & Flowback Services Division. The Completion Fluids & Products Division manufactures and markets clear brine fluids (CBFs), additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East, and Africa. The Water & Flowback Services Division provides a range of water management services that support hydraulic fracturing in unconventional well completions for domestic onshore oil and gas operators. These services include fresh and produced water analysis, treatment and recycling, blending and distribution and others.

Industry: Crude Petroleum & Natural Gas Peers: Bristow Group Inc Helix Energy Solutions Group Inc DMC Global Inc Dril-Quip Inc National Energy Services Reunited Corp Oceaneering International Inc Oil States International Inc Schlumberger NV /entities/sei