Tetra Tech reports record FY2024 revenue $5.20B, up 15% YoY; EPS up 21%

TETRA TECH INC

2024-FY EPS reported $1.23 revenue$5,198,679,000

FY2024 record revenue $5.20B (+15% YoY); net revenue $4.32B (+15%); op income $501M (+40%); EPS $1.23, adj. EPS $1.26 (+21%).
Q4 revenue $1.37B; operating income $143M (+33% YoY); EPS $0.35 (+75%), adj. EPS $0.38 (+15%).
Record backlog $5.38B, up 12% YoY; net debt/EBITDA improved to 1.0x from 1.4x; DSO 55 days.
Board declared $0.058 per share quarterly dividend, payable Dec 13, 2024 to holders of record Nov 27, 2024.

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