TETRA Technologies, Inc. (TTI) AI Stock Analysis

TETRA Technologies, Inc. operates as a diversified provider of oil and gas services through two primary segments: Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and related products for well drilling, completion, and workover operations, while also distributing calcium chloride products for industrial applications across multiple continents. The Water & Flowback Services segment provides water management solutions, including frac flowback and production well testing, to onshore oil and gas operators across regions such as the United States, Mexico, Latin America, Africa, Europe, and the Middle East.

From FY2021 to FY2025, annual revenue increased from $388.3M to $630.9M, representing a 5-year CAGR of 10.8%. Operating margin improved from -3.4% in FY2021 to 9.4% in FY2025, while gross margin expanded from 15.4% to 25.4%. Net income was $3.0M in FY2025, down from $108.3M in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue increased 6.8% year-over-year, while quarterly earnings declined 12.5%. Over the trailing twelve months, revenue reached $641.8M, with a profit margin of 1.0% and an operating margin of 10.8%.

As of June 30, 2026, TETRA Technologies held $154.6M in cash and short-term investments against total debt of $223.8M, yielding net debt of $69.3M. The company reported shareholders' equity of $407.8M, total assets of $800.1M, a current ratio of 2.46, and a debt-to-equity ratio of 0.55. Operating cash flow reached $100.4M in FY2025, supporting capital expenditures of $80.8M and generating free cash flow of $19.5M. Share issuance totaled $643,000 in FY2025, and share count expanded 10.8% over 5 years.

At a closing price of $5.32 on October 16, 2026, TETRA Technologies carries a market capitalization of $787.7M and an enterprise value of $953.2M. The stock trades at a trailing P/E of 106.4x, well above the 15.0x median of its US-listed Energy peers, though its forward P/E of 12.7x matches the peer median of 12.7x. Its EV-to-EBITDA stands at 11.6x compared to the peer median of 8.0x, while its price-to-sales ratio is 1.2x versus the peer median of 1.8x. Over the past year, the stock fell 24.9%, underperforming the S&P 500 return of 16.8%.

Wall Street coverage includes 3 Strong Buy ratings, 1 Buy rating, and zero Hold, Sell, or Strong Sell ratings. The mean price target is $11.12, representing upside of 109.1% relative to the October 16, 2026 closing price of $5.32. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $0.24, an expected decline of 7.7%, and revenue of $660.3M. For the next fiscal year, 2 analysts project revenue of $716.6M and EPS of $0.29. Over the last four quarters, the company delivered 1 EPS beat. The next earnings date is November 2, 2026.

This page is an AI-written research summary of TETRA Technologies, Inc. (TTI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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