Forensic Analysis · Upstream Exploration & Production · as of Nov 9, 2026

Tetra Technologies Inc (TTI)

A forensic read on Tetra Technologies Inc built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

B · Sound & dependable

Forensic grade

Grey Zone

Financial health

2.1

Distress distance

Clean

Earnings quality

Forensic signals

1.1%

ROE

5.3%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Tetra Technologies Inc earns a B (Sound & dependable) forensic quality grade, and its balance-sheet distress test reads 2.1, placing it in the Grey zone. 1 forensic signal was flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

8.1%

FY2025

Return on invested capital. Return on invested capital is 8.1% in the latest fiscal year and slipping across FY2023–FY2025 from 12.0%. After-tax operating profit was $36M in FY2023 and $36M in FY2025, with operating income at 7.2% of revenue in FY2023, 8.3% in FY2024 and 8.8% in FY2025. The capital base behind it grew +48% across FY2023–FY2025, from $301M to $446M, while the return fell 3.9 points, so the dollars added over that window earned less than the 12.0% the older base was already earning. $91M of the $446M base at FY2025 is construction in progress (20.4%) — paid for, not yet in service, and so in the denominator of this return while it cannot be in the profit above it.

Key fundamentals

Latest Revenue$630.9M

Revenue Growth YoY+5.3%

Revenue CAGR (2yr)+0.4%

Net Margin0.5%

Free Cash Flow$19.5M

Return on Equity1.1%

Debt / Equity0.64x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Tetra Technologies Inc's actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Nov 9, 2026. Forensic signals flag probability, not certainty.

See a wrong number? Report an error with the filing it should match.