TIC Solutions, Inc. (TIC) Stock Analysis
Industrials · Specialty Business Services · NYSE
TIC Solutions, Inc. (TIC) posted $1.53B in revenue for fiscal 2025 (up 45.7% year over year), with a net loss of $87.12M, and has compounded revenue about 18.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on TIC Solutions, Inc.
TIC Solutions, Inc. has grown revenue from $928.33M to $1.53B over the last 4 fiscal years, compounding about 18.1% a year. The most recent year was up 45.7%, so growth is actually accelerating.
Net margin sits at -5.7%, down 5.1 points year over year on a 29.4% gross margin. It carries about $1.61B of total debt.
At today's valuation the market is pricing in roughly 12.7% annual free-cash-flow growth. The one thing worth a second look in the filings is heavy debt load.
Synthesised from TIC Solutions, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
TIC Solutions, Inc. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2023 | 2025 |
|---|---|---|---|---|
| Revenue | $928.33M | $0 | $1.05B | $1.53B |
| Gross profit | $202.95M | — | $239.52M | $449.36M |
| Net income | $20.04M | $13.99M | $-6.29M | $-87.12M |
| Net margin | 2.2% | — | -0.6% | -5.7% |
Source: TIC Solutions, Inc. SEC filings (10-K).
TIC Solutions, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $1638.7M is 17.2× last year's operating cash flow — it would take years of cash flow to clear.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -5.7%).
What growth is priced into TIC stock?
At today's market cap of $1.77B, TIC Solutions, Inc. is priced for free-cash-flow growth of about 12.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $61.26M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of TIC Solutions, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track TIC in your portfolio →
TIC Solutions, Inc. financial history by metric
Compare TIC Solutions, Inc. with peers
About TIC Solutions, Inc.
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.
TIC Solutions, Inc. — frequently asked questions
What is TIC Solutions, Inc.'s revenue?
TIC Solutions, Inc. (TIC) reported revenue of $1.53B for fiscal year 2025, up 45.7% from the prior year, according to its SEC filings.
Is TIC Solutions, Inc. profitable?
No — TIC reported a net loss of $-87.12M in fiscal 2025.
What is TIC's P/E ratio?
TIC Solutions, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is TIC Solutions, Inc. growing?
TIC's revenue grew at roughly 18.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does TIC Solutions, Inc. have?
As of fiscal year 2025, TIC carried roughly $1.61B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is TIC Solutions, Inc.'s gross margin?
TIC's gross margin was 29.4% in fiscal 2025 — gross profit of $449.36M on revenue of $1.53B.
What is TIC Solutions, Inc.'s market cap?
TIC Solutions, Inc. (TIC) has a market capitalization of about $1.77B, based on the latest data in our nightly-refreshed cache.
When does TIC Solutions, Inc.'s fiscal year end?
TIC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into TIC stock?
At today's market cap of $1.77B, TIC Solutions, Inc. is priced for free-cash-flow growth of about 12.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $61.26M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from TIC Solutions, Inc.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.