• Earnings per share (EPS) improved to $0.04, meeting the estimated EPS and marking an increase from the previous year.
• Revenue reached $153.2 million, an 8% increase year-over-year, surpassing estimates.
• Adjusted EBITDA rose to $25 million, a 7% increase from the prior year, with a ten-year high of $93 million for the first nine months of 2025.

Tetra Technologies, Inc. (NYSE:TTI) operates in the oil and gas field services industry, providing essential services and products. The company focuses on completion fluids and water management solutions, serving both onshore and offshore markets. Tetra's competitors include other field service providers like Halliburton and Schlumberger. The company recently reported its financial results for the third quarter of 2025, showcasing its performance in a challenging market.

On October 28, 2025, Tetra Technologies reported earnings per share (EPS) of $0.04, aligning with the estimated EPS. This represents an improvement from the $0.03 EPS reported in the same quarter last year. The company's revenue for the quarter reached $153.2 million, surpassing the estimated $144.4 million. This revenue also marks an 8% increase from the previous year's $141.7 million, highlighting the company's growth.

Tetra's adjusted EBITDA for the quarter was $25 million, a 7% increase from the prior year. The company achieved a ten-year high adjusted EBITDA of $93 million for the first nine months of 2025, as highlighted by Brady Murphy, President and CEO. Despite challenges in the U.S. onshore oil and gas markets, Tetra's offshore and industrial calcium chloride businesses drove significant revenue growth.

The company's financial metrics indicate a strong position. Tetra has a price-to-earnings (P/E) ratio of approximately 9.00, suggesting a relatively low valuation compared to its earnings. The price-to-sales ratio is about 1.71, and the enterprise value to sales ratio is around 1.95. These figures reflect the company's market valuation and cash flow efficiency.

Tetra's balance sheet shows a debt-to-equity ratio of 0.75, indicating moderate debt levels. The current ratio of 2.47 suggests a strong ability to cover short-term liabilities with short-term assets. Additionally, the company reported net cash from operating activities of $16.4 million and a base business free cash flow of $5.4 million, underscoring its financial stability.