Acuren Corporation

Acuren Corporation

TIC · NYSE · Industrials / Specialty Business Services

10.62USD-0.02 (-0.19%)

Price History

Full chart

Market Stats

Previous Close10.64
Open10.72
Day Range10.58 – 10.75
52-Week Range6.36 – 14.65
Volume1.10M
Market Cap1.91B
P/E (TTM)0.00
Forward P/E48.78
EPS-0.63
Dividend Yield0.00%
Beta1.82
50-Day Avg8.88
200-Day Avg8.94

About

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.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Business Services
  • CEOMr. Benjamin Heraud
  • Employees11.08K
  • Headquarters200 South Park Road, Hollywood, FL, United States, 33021, USA
  • Websitehttps://www.ticsolutions.com

Leadership

  • Sir Martin Ellis FranklinExecutive Co-Chairman · b. 1964
  • Mr. Robert A.E. FranklinExecutive Chairman · b. 1992
  • Mr. Benjamin HeraudCEO & Director · b. 1982
  • Ms. Kristin B. SchultesChief Financial Officer · b. 1981
  • Ms. MaryJo E. O'BrienChief Human Resources Officer · b. 1963
  • Leslie WarrenVP & Chief Accounting Officer
  • Andrew ShenDirector of Investor Relations
  • Kevin WoitDirector of Corporate Development
  • Mr. Frank NobleExecutive Vice President of Operations - US
  • Francis W. PimentelSenior VP of Canada

Financials

Income Statement

Currency: USD2022-11-302023-11-302024-11-302025-11-30
Total Revenue928.33M1.05B1.10B1.53B
Growth (%)-+13.11%+4.51%+39.45%
Cost of Revenue725.38M810.53M831.73M1.08B
Gross Profit202.95M239.52M265.66M449.36M
Gross Margin21.86%22.81%24.21%29.36%
Operating Expense168.23M185.02M312.88M440.83M
Operating Income34.72M54.50M-47.21M8.53M
Operating Margin3.74%5.19%-4.30%0.56%
EBITDA134.05M150.56M87.08M167.78M
EBITDA Margin14.44%14.34%7.94%10.96%
Net Income20.04M-6.29M-121.16M-87.12M
Net Income Margin2.16%-0.60%-11.04%-5.69%
Interest Expense24.16M60.02M70.44M87.62M
Interest Expense % of Total Revenue2.60%5.72%6.42%5.73%

Balance Sheet

Currency: USD2022-11-302023-11-302024-11-302025-11-30
Total Assets1.30B1.26B2.21B4.40B
Total Liabilities778.23M880.62M1.06B2.22B
Total Equity522.13M382.00M1.15B2.18B
Cash-87.06M139.13M439.54M
Total Debt-730.00M812.58M1.71B
Net Debt-642.93M673.45M1.27B

Cash Flow

Currency: USD2022-11-302023-11-302024-11-302025-11-30
Operating Cash Flow39.98M95.81M23.07M95.02M
Investing Cash Flow-67.67M-26.53M-1.89B-874.09M
Financing Cash Flow35.97M-49.18M1.42B1.08B
Capital Expenditure23.07M22.14M27.57M33.76M
Free Cash Flow16.91M73.67M-4.51M61.26M
Dividends Paid0150.00M-0
FCF to OCF42.28%76.89%-19.54%64.47%
Dividend Paid to FCF0.00%203.62%-0.00%

Earnings

Report DateMay 15, 2025Aug 14, 2025Nov 12, 2025Nov 30, 2025Mar 12, 2026Aug 6, 2026Nov 11, 2026
EPS Estimate0.100.110.090.090.090.100.15
EPS Actual-0.210.04-0.08-0.00-0.130.110.02
Surprise-312.55%-63.64%-188.89%-101.01%-244.44%10.00%-84.93%
TimingPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap1.91B
Enterprise Value3.29B
Trailing P/E0.00
Forward P/E48.78
Price / Sales0.93
Price / Book0.93
EPS-0.63
Book Value9.53
Revenue (TTM)2.05B
Gross Profit (TTM)697.05M
EBITDA245.60M
Profit Margin-5.65%
Operating Margin1.86%
Return on Equity-7.08%
Return on Assets0.12%
Shares Outstanding218.22M
Shares Float97.79M
Beta1.82
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 2 analystsTarget 12.14
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
89.93%
Insiders
11.42%
Retail / Other
0.00%

Top Institutional Holders

  • Viking Global Investors LP
    35.82M16.42%
  • Permian Investment Partners
    21.31M9.77%
  • Gates Capital Management Inc
    19.50M8.94%
  • Alyeska Investment Group, L.P.
    18.76M8.60%
  • Progeny 3, Inc.
    15.56M7.13%
  • Vanguard Capital Management, LLC
    8.21M3.76%
  • Bank of New York Mellon Corp
    5.39M2.47%
  • Jefferies Financial Group Inc
    5.00M2.29%
  • Geode Capital Management, LLC
    4.49M2.06%
  • State Street Corp
    4.26M1.95%
  • Clearline Capital LP
    4.23M1.94%
  • Dimensional Fund Advisors, Inc.
    4.22M1.93%
  • Long Focus Capital Management, LLC
    3.86M1.77%
  • Reaves W H & Co Inc
    3.15M1.44%
  • Cercano Management LLC
    2.90M1.33%
  • Swedbank AB
    2.53M1.16%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    5.99M2.75%
  • iShares Russell 2000 ETF
    4.67M2.14%
  • Reaves Utility Income
    2.60M1.19%
  • Jupiter Merian Glb Eq Abs Rt I USD Acc
    2.03M0.93%