TIC Solutions, Inc. TIC R2K
TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, prevent costly outages, failures, and accidents, and meet regulatory requirements without damaging the asset or component. It also provides market rope access technician solutions, including inspection and testing, as well as insulation, coatings and blasting, welding, pipe fitting, hoisting and rigging, and electrical services. In addition, its TICC services include support from consulting engineers with destructive testing, support failure investigation, material selection, corrosion engineering, welding engineering, fracture mechanics, destructive testing, and chemical analysis. Further, it offers geospatial services, such as data collection, data analytics, and software solutions that support asset management and infrastructure planning. The company serves a range of industrial markets, such as chemical, pipeline, refinery, power generation, oilsands, automotive, aerospace, mining, manufacturing, renewable energy, and pulp and paper. TIC Solutions, Inc. was formerly known as Acuren Corporation and changed its name to TIC Solutions, Inc. in October 2025. The company was founded in 1974 and is headquartered in Hollywood, Florida.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 18.1% over 5 years.
CONS
- Earnings shrank at -178.2% CAGR over 5 years.
- Trading 43.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TIC TIC Solutions, Inc. R2K | 8.17 | - | $1.81B | - | -0.26% | -6.31% | 18.13% | -178.22% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Quarterly Results
Figures in USD.
| Metric | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 309.29M | 201.49M | 234.22M | 313.93M | 473.89M | 508.27M | 488.03M |
| Cost of Revenue | - | - | 190.55M | 239.82M | 321.16M | 329.41M | 326.73M |
| Gross Profit | 80.62M | 49.20M | 43.67M | 74.10M | 152.73M | 178.86M | 161.30M |
| Operating Expenses | - | - | 53.11M | 55.24M | 140.49M | 192.65M | 190.36M |
| Operating Income | 19.75M | -79.19M | -9.44M | 18.86M | 12.24M | -13.79M | -29.06M |
| EBITDA | - | - | 20.28M | 48.66M | 47.18M | 51.66M | 29.89M |
| Interest Expense | - | - | 16.01M | 15.45M | 26.52M | 29.64M | 29.02M |
| Pretax Income | - | - | -24.33M | 3.68M | -30.45M | -47.07M | -58.01M |
| Tax Provision | - | - | 1.47M | 3.91M | -16.56M | 128.00K | -16.46M |
| Net Income | -5.45M | -105.45M | -25.79M | -233.00K | -13.89M | -47.20M | -41.55M |
| Diluted EPS | - | - | -0.21 | 0.00 | -0.08 | -0.25 | -0.19 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2022 | Nov 2023 | Dec 2023 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 928.33M | 0 | 1.05B | 1.53B |
| Cost of Revenue | 725.38M | - | 810.53M | 1.08B |
| Gross Profit | 202.95M | - | 239.52M | 449.36M |
| Operating Expenses | 168.23M | 1.28M | 185.02M | 440.83M |
| Operating Income | 34.72M | -1.28M | 54.50M | 8.53M |
| EBITDA | 134.05M | -1.28M | 150.56M | 167.78M |
| Interest Expense | 24.16M | - | 60.02M | 87.62M |
| Pretax Income | 23.45M | 13.99M | -4.28M | -98.17M |
| Tax Provision | 3.41M | - | 2.01M | -11.06M |
| Net Income | 20.04M | 13.99M | -6.29M | -87.12M |
| Diluted EPS | 3.93 | 0.25 | -1.25 | -0.60 |
Compounded Sales Growth
| 5 Years: | 18.13% |
| 1 Year: | 108.40% |
Compounded Profit Growth
| 5 Years: | -178.22% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -22.19% |
| 6 Months: | -15.07% |
| 3 Months: | -13.73% |
| 1 Month: | -9.42% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Nov 2023 | Dec 2023 | Jul 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | 553.85M | 1.26B | - | 2.21B | 4.40B |
| Current Assets | 553.85M | 333.91M | - | 394.24M | 1.02B |
| Cash & Equivalents | 2.66M | 87.06M | - | 139.13M | 439.54M |
| Inventory | - | - | - | - | - |
| Receivables | - | 211.10M | - | 216.61M | 369.67M |
| Total Liabilities | 625.00K | 880.62M | - | 1.06B | 2.22B |
| Current Liabilities | 625.00K | 112.88M | - | 106.33M | 318.99M |
| Long Term Debt | - | 668.03M | - | 747.05M | 1.59B |
| Total Debt | - | 730.00M | - | 812.58M | 1.71B |
| Total Equity | 553.23M | 382.00M | 555.89M | 1.15B | 2.18B |
| Shares Outstanding | 53.98M | - | - | 121.48M | 220.49M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2022 | Nov 2023 | Dec 2023 | Dec 2025 |
|---|---|---|---|---|
| Operating Cash Flow | 39.98M | 8.10M | 95.81M | 95.02M |
| Investing Cash Flow | -67.67M | -544.42M | -26.53M | -874.09M |
| Financing Cash Flow | 35.97M | 538.98M | -49.18M | 1.08B |
| Capital Expenditure | -23.07M | - | -22.14M | -33.76M |
| Free Cash Flow | 16.91M | 8.10M | 73.67M | 61.26M |
| Net Change in Cash | 8.27M | 2.66M | 20.10M | 296.66M |
| Dividends Paid | - | - | - | 0 |
Ratios (Annual)
Figures in %.
| Metric | Dec 2022 | Nov 2023 | Dec 2023 | Dec 2025 |
|---|---|---|---|---|
| Gross Margin % | 21.9% | - | 22.8% | 29.4% |
| Operating Margin % | 3.7% | - | 5.2% | 0.6% |
| Net Margin % | 2.2% | - | -0.6% | -5.7% |
| ROE % | - | 2.5% | -1.6% | -4.0% |
| ROCE % | - | -0.2% | 4.7% | 0.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Viking Global Investors, L.P. | 29.51% | 35.82M | $292.69M |
| 2 | Permian Investment Partners, Lp | 18.07% | 21.95M | $179.29M |
| 3 | Gates Capital Management, Inc. | 18.00% | 21.85M | $178.51M |
| 4 | Alyeska Investment Group, L.p. | 15.45% | 18.76M | $153.29M |
| 5 | Progeny 3, Inc. | 12.62% | 15.32M | $125.19M |
| 6 | Vanguard Capital Management LLC | 6.76% | 8.21M | $67.05M |
| 7 | Bank Of New York Mellon Corporation | 4.44% | 5.39M | $44.00M |
| 8 | Jefferies Financial Group Inc. | 4.12% | 5.00M | $40.85M |
| 9 | Geode Capital Management, LLC | 3.70% | 4.49M | $36.66M |
| 10 | Swedbank AB | 3.61% | 4.38M | $35.78M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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