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TTI (Tetra Technologies) Net Margin % : -2.12% (As of Sep. 2024)


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What is Tetra Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tetra Technologies's Net Income for the three months ended in Sep. 2024 was $-3.0 Mil. Tetra Technologies's Revenue for the three months ended in Sep. 2024 was $141.7 Mil. Therefore, Tetra Technologies's net margin for the quarter that ended in Sep. 2024 was -2.12%.

The historical rank and industry rank for Tetra Technologies's Net Margin % or its related term are showing as below:

TTI' s Net Margin % Range Over the Past 10 Years
Min: -26.27   Med: -11.09   Max: 26.61
Current: 0.27


TTI's Net Margin % is ranked worse than
65.96% of 949 companies
in the Oil & Gas industry
Industry Median: 3.73 vs TTI: 0.27

Tetra Technologies Net Margin % Historical Data

The historical data trend for Tetra Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tetra Technologies Net Margin % Chart

Tetra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.27 -13.54 26.61 1.42 4.12

Tetra Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.58 -2.54 0.61 4.45 -2.12

Competitive Comparison of Tetra Technologies's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Tetra Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tetra Technologies's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tetra Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tetra Technologies's Net Margin % falls into.



Tetra Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tetra Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=25.784/626.262
=4.12 %

Tetra Technologies's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-2.998/141.7
=-2.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tetra Technologies  (NYSE:TTI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tetra Technologies Net Margin % Related Terms

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Tetra Technologies Business Description

Traded in Other Exchanges
N/A
Address
24955 Interstate 45 North, The Woodlands, TX, USA, 77380
Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments namely Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The company derives maximum revenue from United states.
Executives
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Christian A Garcia director 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
Roy Mcniven officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Matthew Sanderson officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Timothy C Moeller officer: VP & Chief Procurement Officer 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Brady M Murphy officer: President & COO 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano officer: Sr. Vice President & CFO 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
William D Sullivan director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mcgee Sharon D. Booth director 24955 I-45 NORTH, THE WOODLANDS TX 77380
Richard D O'brien officer: VP-Finance & Global Controller 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Boston Shoemake Alicia R officer: General Counsel 24955 I-45 NORTH, THE WOODLANDS TX 77380
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gina Luna director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Wallace Bass C Jr officer: General Counsel & Secretary 24955 INTERSTATE 45 N, THE WOODLANDS X1 77380
Mark E Baldwin director TETRA TECHNOLOGIES, INC., 24955 I 45 N, THE WOODLANDS TX 77380