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ServiceTitan, Inc.

Rank #148HypergrowthWatchlistCompare with other stocks

TTAN · Nasdaq · Technology

ServiceTitan, Inc. (TTAN) — Rank #148 by gross profitability (GP/assets 0.37) · ROE -10.0% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0001638826 · all metrics point-in-time as of the filing date.

About

ServiceTitan, Inc. provides an end-to-end cloud-based software platform in the United States, Armenia, and Canada.

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Its platform connects and manages a range of business workflows, such as advertising, job scheduling and management, dispatching, generating estimates and invoices, payment processing and others. The company offers ServiceTitan, a platform for contractors; FieldRoutes, pest control software; and Aspire, a business management software that offers real-time reports, precise data, accurate job costing for the landscape and clean industries. In addition, the company offers FinTech products that include payment processing and third-party financing solutions. It serves HVAC, plumbing, electrical, garage door, chimney sweep, roofing, irrigation, water treatment, septic, painting, pool service, landscape, lawn care, pest control, air duct cleaning, commercial food equipment, audio visual, alarm, appliance repair, residential remodeling, locksmith, refrigeration, handyman, gutter, siding, dock and door, fire and life safety industries. The company was formerly known as Linxlogic, Inc. and changed its name to ServiceTitan, Inc. in June 2014.

The company was incorporated in 2007 and is based in Glendale, California.

Industry
Software - Application
Sector
Technology
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
January 31

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

3,414

Industry

Software - Application

Exchange

Nasdaq

11/12

Flags passed

TTAN passes 11/12 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Deferred revenue growing

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.37
Return on equity
-10.0%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.12
Current ratio
4.55×
Net cash
$479.54M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
20.5%

Growth

1/2 pass
Revenue growth
24.5%
Piotroski F-Score
6 / 9
Share dilution
119.2%

Revenue 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 57th percentile of 36 SIC 7372 peers

Gross profitability (GP / assets)

0.37

Primary signal (Novy-Marx).

57th pctl of 36 SIC 7372 peers

Return on equity

-10.0%

Gross margin

70.1%

51st pctl of 36 SIC 7372 peers

Revenue growth (YoY)

24.5%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

27.1%

Revenue CAGR (5Y)

—

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 166% above net income

Free cash flow

$105.43M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

166.0%

(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).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

20.5%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $479.54M, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.12

94th pctl of 32 SIC 7372 peers (best = lowest)

Current ratio

4.55×

83rd pctl of 36 SIC 7372 peers

Quick ratio

3.73×

Net cash

$479.54M

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.0 / 5

Fair
Share count trend
119.2%0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-0.7%3/5 Good

Lifecycle Phase History

20232026
Hypergrowth

Price History

TTAN-45.5% · -29.1% CAGRSPY+28.9% · +15.5% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports