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← CockpitCompetitor Analysis › TTI TETRA Technologies, Inc.Open in the cockpit ↗

TETRA Technologies, Inc.TTICompetitor analysis, valuation and peers

United States · USD·Materials›Chemicals: Specialty
Momentum laggard 16
Mkt cap
$891M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$15.7M
20-day average traded
Fwd P/E
19.9×
forward earnings
ROIC−WACC
-2.6 pp
WACC 10.2%
Hurdle
n/a
no reverse DCF
Next earnings
115 days
1 Mar 2027
Close · USD$6.00
1D+3.1%
1W+2.4%
1M-2.0%
3M-30.6%
6M-38.6%
YTD-36.0%
1Y-16.8%
ATR %5.4%
Beta1.58
52w lowhigh52.2% off high

What TETRA Technologies does

Employees: 1,400

TETRA Technologies at a glance

Size TETRA Technologies (TTI) is a United States Materials company (Chemicals: Specialty) with a market value of $891M, the 2319th largest of 3,117 United States companies the cockpit tracks. Shares closed at $6.00 on 6 Nov 2026.

Performance Over six months the shares fell 38.6%, against -25.2% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 6.1% over the last twelve months (peer median +8.1%); the operating margin is 7.4% (peer median 7.6%).

Valuation It trades at 19.9× forward earnings against a peer median of 27.5× (5th cheapest of 11).

Capital Return on invested capital runs 2.6 points below its cost of capital (10.2% WACC).

Short interest Short interest is 7.3% of the free float (15 Oct 2026).

Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 76TTI 59
Six months, rebased to 100: TETRA Technologies against the median of its 20 peers (local-currency closes).

TETRA Technologies financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$657M$631M$599M$626M$553M
Revenue growth—+5%-4%+13%—
Gross profit$151M$160M$140M$142M$114M
EBITDA$86.6M$96.7M$85.7M$79.9M$55.6M
Net income$8.90M$3.00M$108M$25.8M$7.84M
Free cash flow-$42.3M$19.5M-$24.2M$32.1M-$21.1M
Capital expenditure$105M$80.8M$60.7M$38.2M$40.1M
Total debt$222M$230M$221M$197M$194M

Quarterly statements and history in the cockpit →

TETRA Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-40%-20%0%+20%SUDARSCHEM300109300829301209000510002886603010301683300429KRO605183DQGPRE002810600078300834KINGFAALKYLAMINETTI6-month return →1-month return →
Up and to the right = strong over both horizons. TETRA Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+50%0×100×200×300×SUDARSCHEM300109300829301209002886KROGPRE002810TTIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. TETRA Technologies is the large dot.

TETRA Technologies competitors and peer comparison

How TETRA Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

TETRA Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureTTIPeer medianRank in peer set
1-month return-2.0%-14.0%4th highest of 21
6-month return-38.6%-25.2%2nd lowest of 21
Distance from 52-week high-52.2%-41.3%4th lowest of 21
Revenue growth (TTM)+6.1%+8.1%10th lowest of 21
Operating margin7.4%7.6%11th highest of 21
Forward P/E19.9×27.5×5th cheapest of 11
ROIC minus cost of capital-2.6 pp-3.0 pp11th highest of 21
EV / EBITDA11.4×21.1×2nd cheapest of 6
Net debt / EBITDA1.1×0.4×4th least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
TETRA Technologies TTIUnited States$891M-39%+6%7%19.9×n/an/a
Sudarshan Chemical Industries SUDARSCHEM.NSIndia$893M+10%+90%4%28.9×27.0%+39.5%
Boai NKY Medical 300109.SZChina$896M-32%-17%15%32.5×19.9%+3.9%
Henan Jindan Lactic Acid Technology 300829.SZChina$900M+52%+5%3%26.1×n/an/a
Longkou Union Chemical 301209.SZChina$904M-39%-3%9%336.5×36.9%+1.6%
Sichuan Xinjinlu 000510.SZChina$906M-32%-4%-15%n/an/an/a
Shenzhen Wote Advanced Materials 002886.SZChina$906M-15%+10%4%68.2×31.3%+12.2%
Zhejiang Wansheng 603010.SSChina$872M-25%+19%-26%n/an/an/a
Guangzhou Human New Material Science & Technology 301683.SZChina$918M-25%+20%38%n/a11.3%n/a
Hanking Gold International 3788.HKHong Kong$862M-26%-19%8%n/an/an/a
Changzhou Tronly New Electronic Materials 300429.SZChina$923M-37%+14%-14%n/a56.6%+5.0%
Kronos Worldwide KROUnited States$859M+46%+3%-1%11.9×17.6%+2.6%
Quechen Silicon Chemical 605183.SSChina$926M-12%+7%19%n/a2.0%+16.1%
Daqo New Energy Corp Sponsored ADR DQUnited States$856M-32%-21%-70%n/an/an/a
Green Plains GPREUnited States$927M-27%-22%7%7.4×-1.0%+1.8%
Shandong Head 002810.SZChina$855M-38%+16%21%14.2×-1.6%+7.9%
Jiangsu Chengxing Phosph-Chemicals 600078.SSChina$928M-29%+27%13%n/a2.6%+2.9%
Rastar Environmental Protection Materials 300834.SZChina$933M-9%-23%1%n/a43.9%0.0%
Kingfa Science & Technology (India) KINGFA.NSIndia$849M+20%+24%14%n/an/an/a
Alkyl Amines Chemicals ALKYLAMINE.NSIndia$849M-9%+13%17%37.4×36.2%+4.3%
Sinosteel New Materials 002057.SZChina$849M-22%+13%9%12.3×12.4%+13.5%

Questions

Which companies are TETRA Technologies's closest peers?
The cockpit's peer set: Sudarshan Chemical Industries (SUDARSCHEM.NS), Boai NKY Medical (300109.SZ), Henan Jindan Lactic Acid Technology (300829.SZ), Longkou Union Chemical (301209.SZ), Sichuan Xinjinlu (000510.SZ), Shenzhen Wote Advanced Materials (002886.SZ), Zhejiang Wansheng (603010.SS), Guangzhou Human New Material Science & Technology (301683.SZ).
Is TETRA Technologies expensive compared with its peers?
On forward p/e it trades at 19.9× against a peer median of 27.5×, 5th cheapest of 11 in its peer set.
How has TETRA Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -38.6% against -25.2% for the median peer; over one year -16.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.