Tetra Technologies (TTI) Operating Margin (2009 - 2026)
Tetra Technologies' Operating Margin came in at 10.84% for Q2 2026, down 2.38 percentage points from 13.22% a year earlier but up 2.64 percentage points from the prior quarter.
Tetra Technologies (TTI) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tetra Technologies reported Operating Margin of 7.26%, down 2.91 percentage points year-over-year; for FY2025, it came in at 8.78%, up 0.45 percentage points from FY2024.
- Operating Margin has increased in each of the last four years, with a five-year change of +73.02 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 8.33% in FY2024 (+1.15 pp), 7.18% in FY2023 (+63.39 pp), -56.22% in FY2022 (+13.27 pp) and -69.49% in FY2021 (-5.25 pp).
- The five-year range for quarterly Operating Margin is -67.01% (Q3 2021) to 13.22% (Q2 2025).
- Year-over-year, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of +30.87 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q1 2025 (a gain of 70.74 percentage points), and the weakest in Q1 2024 (a drop of 8.48 percentage points).
- Business Quant data shows TTI's Operating Margin at 8.20% (Q1 2026), 1.71% (Q4 2025) and 7.26% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 11.94% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 12.74% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | -57.68% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 13.62% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 9.04% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 4.23% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 9.68% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 15.73% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 9.48% |
| 10 | Tetra Technologies | 875.11 Mn | 533.60 Mn | 45.71 Mn | 10.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.84% |
| Mar 31, 2026 | 8.20% |
| Dec 31, 2025 | 1.71% |
| Sep 30, 2025 | 7.26% |
| Jun 30, 2025 | 13.22% |
| Mar 31, 2025 | 11.95% |
| Dec 31, 2024 | 5.95% |
| Sep 30, 2024 | 8.44% |
| Jun 30, 2024 | -49.69% |
| Mar 31, 2024 | -58.80% |
| Dec 31, 2023 | -60.50% |
| Sep 30, 2023 | -49.92% |
| Jun 30, 2023 | -43.97% |
| Mar 31, 2023 | -50.31% |
| Dec 31, 2022 | -57.80% |
| Sep 30, 2022 | -56.34% |
| Jun 30, 2022 | -60.05% |
| Mar 31, 2022 | -50.14% |
| Dec 31, 2021 | -66.08% |
| Sep 30, 2021 | -67.01% |
Tetra Technologies Operating 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=operating-margin&ticker=TTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();