• Tetra Tech average return on tangible equity for 2023 was -108.76, a 124.71% decline from 2022.
• Tetra Tech average return on tangible equity for 2022 was 440.1, a 73.11% decline from 2021.
• Tetra Tech average return on tangible equity for 2021 was 254.23, a 43.59% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.