TTEK vs. WM: Tetra Tech vs. Waste Management Stock Comparison

November 11, 2026

How do Tetra Tech (TTEK) and Waste Management (WM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Tetra Tech (TTEK) and Waste Management (WM) are both classified in the Environmental & Facilities Services sub-industry within the broader Commercial Services & Supplies industry, placing them in the closest GICS peer bucket.

Company profile comparison for Tetra Tech (TTEK) and Waste Management (WM)
Profile Item	TTEK	WM
Name	Tetra Tech Inc.	Waste Management Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Commercial & Professional Services	Commercial & Professional Services
GICS Industry	Commercial Services & Supplies	Commercial Services & Supplies
GICS Sub-Industry	Environmental & Facilities Services	Environmental & Facilities Services
Market Capitalization	10.32 billion USD	93.95 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	December 17, 1991	June 22, 1988
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TTEK

GSPC

Tetra Tech (TTEK) vs. Waste Management (WM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Tetra Tech (TTEK) and Waste Management (WM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Tetra Tech (TTEK) and Waste Management (WM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Total Return (1Y)	29.45%	19.43%
Total Return (3Y, Annualized)	11.17%	13.45%
Total Return (5Y, Annualized)	3.89%	9.97%

Risk Profile

Drawdown History

TTEK

GSPC

Tetra Tech (TTEK) vs. Waste Management (WM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Tetra Tech (TTEK) and Waste Management (WM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Volatility (1Y, Annualized)	37.39%	21.31%
Beta (5Y)	0.84	0.37
Max Drawdown (5Y)	-47.50%	-18.14%
Avg. Volume (3M)	2.25M	2.24M

Risk-Adjusted Performance

Risk-Return Positioning

TTEK and WM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Sharpe Ratio (1Y)	0.67	0.71
Sortino Ratio (1Y)	1.02	1.07

Profitability

ROE (TTM)

Waste Management (WM) at 31.68% sits in the top ROE quartile, while Tetra Tech (TTEK) at 24.30% is closer to the peer norm — stronger capital efficiency for WM.

TTEK

Commercial & Professional Services industry group

24.30%

Max: 47.06%
Q3: 25.43%
TTEK: 24.30%
Median: 14.11%
Q1: 3.92%
Min: -20.15%

WM

Commercial & Professional Services industry group

31.68%

Max: 47.06%
WM: 31.68%
Q3: 25.43%
Median: 14.11%
Q1: 3.92%
Min: -20.15%

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their ROE against the Commercial & Professional Services industry group benchmark.

Net Margin (TTM)

Waste Management (WM) at 11.78% retains a top-quartile share of revenue as profit, ahead of Tetra Tech (TTEK) at 10.00%, which keeps about the industry-typical share.

TTEK

Commercial & Professional Services industry group

10.00%

Max: 23.28%
Q3: 11.35%
TTEK: 10.00%
Median: 5.65%
Q1: 0.87%
Min: -8.60%

WM

Commercial & Professional Services industry group

11.78%

Max: 23.28%
WM: 11.78%
Q3: 11.35%
Median: 5.65%
Q1: 0.87%
Min: -8.60%

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Margin (TTM)

Waste Management (WM) at 19.08% operates in the top operating margin quartile, ahead of Tetra Tech (TTEK) at 14.25%, which runs around its industry’s norm.

TTEK

Commercial & Professional Services industry group

14.25%

Max: 38.50%
Q3: 18.84%
TTEK: 14.25%
Median: 10.40%
Q1: 5.59%
Min: -12.00%

WM

Commercial & Professional Services industry group

19.08%

Max: 38.50%
WM: 19.08%
Q3: 18.84%
Median: 10.40%
Q1: 5.59%
Min: -12.00%

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability Metrics

Profitability metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
ROE (TTM)	24.30%	31.68%
ROA (TTM)	8.54%	6.69%
Net Margin (TTM)	10.00%	11.78%
Operating Margin (TTM)	14.25%	19.08%
Gross Margin (TTM)	21.84%	40.39%

Growth

Revenue Growth

Waste Management (WM) at 14.24% sits in the top revenue growth quartile, while Tetra Tech (TTEK) at 4.69% is closer to the peer norm — faster top-line expansion for WM.

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Tetra Tech (TTEK) at -24.39% and Waste Management (WM) at -1.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Revenue Growth (YoY)	4.69%	14.24%
Revenue Growth (3Y CAGR)	15.81%	8.56%
EPS Growth (YoY)	-24.39%	-1.62%
EPS Growth (3Y CAGR)	-1.46%	7.52%

Financial Strength

Current Ratio (MRQ)

Tetra Tech (TTEK) at 1.18 keeps current ratio within its industry’s typical mid-range, while Waste Management (WM) at 0.82 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WM.

TTEK

Commercial & Professional Services industry group

1.18

Max: 3.63
Q3: 2.14
Median: 1.55
TTEK: 1.18
Q1: 1.09
Min: 0.45

WM

Commercial & Professional Services industry group

0.82

Max: 3.63
Q3: 2.14
Median: 1.55
Q1: 1.09
WM: 0.82
Min: 0.45

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt / Equity (MRQ)

Tetra Tech (TTEK) at 0.55 carries an industry-typical debt-to-equity mix, while Waste Management (WM) at 2.37 uses more debt funding than most peers.

TTEK

Commercial & Professional Services industry group

0.55

Max: 2.37
Q3: 1.25
Median: 0.88
TTEK: 0.55
Q1: 0.35
Min: 0.00

WM

Commercial & Professional Services industry group

2.37

WM: 2.37
Max: 2.37
Q3: 1.25
Median: 0.88
Q1: 0.35
Min: 0.00

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their debt-to-equity ratio against the Commercial & Professional Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Current Ratio (MRQ)	1.18	0.82
Debt / Equity (MRQ)	0.55	2.37
Net Debt / EBITDA	1.21	2.94

Dividends

Dividend Yield (TTM)

Both Tetra Tech (TTEK) at 0.66% and Waste Management (WM) at 1.52% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

TTEK

Commercial & Professional Services industry group

0.66%

Max: 4.33%
Q3: 1.80%
TTEK: 0.66%
Median: 0.60%
Q1: 0.00%
Min: 0.00%

WM

Commercial & Professional Services industry group

1.52%

Max: 4.33%
Q3: 1.80%
WM: 1.52%
Median: 0.60%
Q1: 0.00%
Min: 0.00%

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Tetra Tech (TTEK) at 16.08% pays out a band-typical share of earnings, while Waste Management (WM) at 48.03% distributes more than its industry norm — less retained, thinner cover.

TTEK

Commercial & Professional Services industry group

16.08%

Max: 99.58%
Q3: 41.99%
Median: 17.27%
TTEK: 16.08%
Q1: 0.00%
Min: -17.94%

WM

Commercial & Professional Services industry group

48.03%

Max: 99.58%
WM: 48.03%
Q3: 41.99%
Median: 17.27%
Q1: 0.00%
Min: -17.94%

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividend Metrics

Dividend metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
Dividend Yield (TTM)	0.66%	1.52%
Dividend Payout Ratio (TTM)	16.08%	48.03%

Valuation

P/E Ratio (TTM)

Both Tetra Tech (TTEK) at 24.27 and Waste Management (WM) at 31.01 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

TTEK

Commercial & Professional Services industry group

24.27

Max: 49.47
Q3: 33.76
TTEK: 24.27
Median: 24.16
Q1: 16.01
Min: 1.89

WM

Commercial & Professional Services industry group

31.01

Max: 49.47
Q3: 33.76
WM: 31.01
Median: 24.16
Q1: 16.01
Min: 1.89

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

P/S Ratio (TTM)

Tetra Tech (TTEK) at 2.37 is priced about in line with its industry on P/S ratio, while Waste Management (WM) at 3.60 sits in the pricier quartile — WM costs more per dollar of sales.

TTEK

Commercial & Professional Services industry group

2.37

Max: 7.17
Q3: 3.35
TTEK: 2.37
Median: 1.33
Q1: 0.69
Min: 0.11

WM

Commercial & Professional Services industry group

3.60

Max: 7.17
WM: 3.60
Q3: 3.35
Median: 1.33
Q1: 0.69
Min: 0.11

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

P/B Ratio (MRQ)

Tetra Tech (TTEK) at 5.57 is valued about in line with its industry on P/B ratio, while Waste Management (WM) at 9.52 carries an above-peer premium to book — WM is pricier on assets.

TTEK

Commercial & Professional Services industry group

5.57

Max: 11.25
Q3: 6.08
TTEK: 5.57
Median: 2.92
Q1: 1.55
Min: -2.78

WM

Commercial & Professional Services industry group

9.52

Max: 11.25
WM: 9.52
Q3: 6.08
Median: 2.92
Q1: 1.55
Min: -2.78

Tetra Tech (TTEK) vs. Waste Management (WM): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation Metrics

Valuation metrics for Tetra Tech (TTEK) and Waste Management (WM)
Metric	TTEK	WM
P/E Ratio (TTM)	24.27	31.01
P/S Ratio (TTM)	2.37	3.60
P/B Ratio (MRQ)	5.57	9.52
Free Cash Flow Yield (TTM)	3.84%	2.64%