TIC · NYSE · Industrials
TIC Solutions, Inc. (TIC) — Rank #420 by gross profitability (GP/assets 0.10) · ROE -4.2% · Piotroski F-Score N/A.
As-of 2026-10-30 · CIK 0002032966 · all metrics point-in-time as of the filing date.
About
TIC Solutions, Inc. provides critical asset integrity services in North America.
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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.
- Industry
- Specialty Business Services
- Sector
- Industrials
- State
- DE
- Filer Category
- Accelerated filer
- Fiscal Year End
- December 31
- Website
- ticsolutions.com
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
11,084
Industry
Specialty Business Services
Exchange
NYSE
7/7
Flags passed
TIC passes 7/7 quality flags
- PASSGross margin holding
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSSBC not compressing margin
No data Dilution · Operating margin · Balance sheet · Competitive position · Valuation — not counted as a pass.
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/1 passRevenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Does it make money well?
No warning flags · GP/assets 0.10
Gross profitability (GP / assets)
0.10
Primary signal (Novy-Marx).
10th of 11 SIC 7389 peers
Return on equity
-4.2%
Gross margin
29.4%
8th of 11 SIC 7389 peers
Revenue growth (YoY)
45.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2025 | |
|---|---|---|
| Revenue vs COGS | ||
| Revenue vs OpEx | ||
| Op. Income vs Revenue |
Cash Flow Health
Is the cash real?
No warning flags · FCF 170% above net income
Free cash flow
$61.26M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
170.3%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.1%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net debt $1.25B
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.05
4th of 10 SIC 7389 peers (best = lowest)
Current ratio
2.91×
3rd of 11 SIC 7389 peers
Quick ratio
2.14×
Net cash
-$1.25B
Cash & equivalents minus total debt.
Piotroski F-Score
N/A
Only 4/9 components determinable.
Valuation
Is the price reasonable?
No data
Capital allocation quality
Composite score
2.0 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports