Tetra Technologies (TTI) Gross Margin (2009 - 2026)
Tetra Technologies (TTI) posted Gross Margin of 20.90% for Q3 2026, down 2.84 percentage points from 23.73% a year earlier and down 3.73 percentage points from the prior quarter.
Tetra Technologies (TTI) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Tetra Technologies was 22.46%, down 3.18 percentage points year-over-year; for FY2025, it was 24.72%, up 1.37 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +6.84 percentage points (FY2020 to FY2025).
- In prior years, Tetra Technologies' Gross Margin was 23.34% in FY2024 (-1.19 pp), 24.53% in FY2023 (+2.64 pp), 21.89% in FY2022 (+6.64 pp) and 15.26% in FY2021 (-2.63 pp).
- Quarterly Gross Margin has run from a low of 16.96% in Q4 2021 to a high of 28.01% in Q2 2023 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last five quarters, with an average year-over-year change of -0.05 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 14.75 percentage points; the weakest was Q1 2024, with a drop of 4.24 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 24.62% (Q2 2026), 24.46% (Q1 2026) and 19.38% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 16.57% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 24.39% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 14.73% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 25.16% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 31.32% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 19.72% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 32.72% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 37.14% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 29.70% |
| 10 | Tetra Technologies | 893.65 Mn | 504.93 Mn | 35.10 Mn | 20.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.90% |
| Jun 30, 2026 | 24.62% |
| Mar 31, 2026 | 24.46% |
| Dec 31, 2025 | 19.38% |
| Sep 30, 2025 | 23.73% |
| Jun 30, 2025 | 27.75% |
| Mar 31, 2025 | 27.30% |
| Dec 31, 2024 | 23.15% |
| Sep 30, 2024 | 24.25% |
| Jun 30, 2024 | 25.16% |
| Mar 31, 2024 | 20.60% |
| Dec 31, 2023 | 19.75% |
| Sep 30, 2023 | 25.04% |
| Jun 30, 2023 | 28.01% |
| Mar 31, 2023 | 24.84% |
| Dec 31, 2022 | 21.10% |
| Sep 30, 2022 | 21.83% |
| Jun 30, 2022 | 19.97% |
| Mar 31, 2022 | 24.93% |
| Dec 31, 2021 | 16.96% |
Tetra Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();