stockrow
Friday 6 November 2026
Export TIC’s income statement to Excel — free account
Acuren Corporation
TIC Industrials Specialty Business Services
Acuren Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 39.4% from fiscal 2024.
- Revenue
- +35.0%
- EPS
- −3,057.9%
- Free cash flow
- +186.6%
- Total debt
- −0.36%
Quarter to September 2026, against a year earlier
9.61
1.09
−10.19%
Follow TIC
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 928 | 1,050 | 1,097 | 1,530 | 2,220 | +18.1% | 2,219 | 2,329 | 2,431 | +16.7% | |
| Gross margin, % | — | — | — | — | — | — | 21.86 | 22.81 | 24.21 | 29.36 | 34.71 | +7.5 pt | ||||||
| EBT | — | — | — | — | — | — | 23 | (4) | (123) | (98) | (134) | n/m | ||||||
| EBT margin, % | — | — | — | — | — | — | 2.53 | (0.41) | (11.22) | (6.42) | (6.03) | (8.9) pt | ||||||
| Net income | — | — | — | — | — | — | 20 | (6) | (121) | (87) | (113) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 184.70 | 208.97 | 9.04 | 9.77 | 0.00 | (62.5%) | |||||
| Earnings | — | — | — | — | — | — | 3.99 | (1.25) | (1.00) | (0.60) | (0.58) | n/m | ||||||
| Cash flow | — | — | — | — | — | — | 7.95 | 19.07 | 0.19 | 0.61 | 0.00 | (57.6%) | ||||||
| Capex | — | — | — | — | — | — | (4.40) | (4.08) | (0.21) | (0.19) | (0.19) | (65.2%) | ||||||
| Free cash flow | — | — | — | — | — | — | 3.56 | 14.98 | (0.02) | 0.42 | 0.00 | (50.9%) | ||||||
| Book value | — | — | — | — | — | — | 103.88 | 76.02 | 9.48 | 13.92 | 0.00 | (48.8%) | ||||||
| Shares, m | — | — | — | — | — | — | 5 | 5 | 121 | 157 | 190 | +214.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | 1.41 | 1.03 | 0.94 | 0.6 | ||||||
| P/B | — | — | — | — | — | — | 1.30 | 1.30 | 1.35 | 0.73 | 0.99 | 1.2 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | 1.97 | 1.80 | 1.58 | 0.9 | ||||||
| EV/FCF | — | — | — | — | — | — | 54.14 | 54.14 | (800.97) | 41.80 | 76.15 | (162.7) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 40 | 96 | 23 | 95 | 86 | +33.5% | |||||
| Capex | — | — | — | — | — | — | (22) | (21) | (26) | (29) | (40) | +9.6% | ||||||
| Free cash flow | — | — | — | — | — | — | 18 | 75 | (3) | 66 | 86 | +54.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 207 | 221 | 288 | 702 | 522 | +50.2% | |||||
| Net debt | — | — | — | — | — | — | 499 | 588 | 616 | 1,174 | 1,412 | +33.0% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | 522 | 382 | 1,151 | 2,180 | 2,108 | +61.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | (0.49) | (6.93) | (2.82) | 0.00 | (2.8) pt | |||||
| ROIC | — | — | — | — | — | — | 2.13 | 3.51 | (1.67) | (0.32) | (0.39) | (2.4) pt | ||||||
| ROE | — | — | — | — | — | — | 0.00 | (1.39) | (15.69) | (5.60) | 0.00 | (5.6) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 6,265 | 6,060 | 12,760 | — | +42.7% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 0.17 | 0.18 | 0.12 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Acuren Corporation vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| UNF Unifirst Corporation | $4.2B | 38.5× | 40.0× | +4.97% (above 0%: growing) | −13.79% (below 0%: shrinking) | −31.08% (below 0%: shrinking) | 37.38% | 6.46% | Compare |
| FA First Advantage Corporation | $4.0B | 92.5× | 74.9× | +13.84% (above 0%: growing) | +705.37% (above 0%: growing) | −30.88% (below 0%: shrinking) | 0.00% | 12.90% | Compare |
| AZZ AZZ Inc. | $3.7B | 21.9× | 19.8× | +16.68% (above 0%: growing) | −34.34% (below 0%: shrinking) | +115.52% (above 0%: growing) | 25.08% | 17.21% | Compare |
| MMS Maximus, Inc. | $3.6B | 10.2× | 9.1× | −5.15% (below 0%: shrinking) | +4.81% (above 0%: growing) | +30.90% (above 0%: growing) | 27.27% | 12.62% | Compare |
| ABM ABM Industries Incorporated | $3.2B | 19.3× | 15.7× | +4.19% (above 0%: growing) | +25.37% (above 0%: growing) | −13.91% (below 0%: shrinking) | 12.35% | 3.95% | Compare |
| TIC Acuren Corporation | $2.1B | — (loss-making) | — (loss-making) | +34.97% (above 0%: growing) | n/m | +186.55% (above 0%: growing) | 35.38% | 2.50% | |
| CMPR Cimpress plc | $1.5B | 17.6× | 11.4× | +8.20% (above 0%: growing) | n/m | +47.91% (above 0%: growing) | 43.70% | 2.79% | Compare |
| LZ LegalZoom.com, Inc. | $1.0B | 51.2× | 27.7× | +2.62% (above 0%: growing) | +66.67% (above 0%: growing) | −27.39% (below 0%: shrinking) | 70.75% | 6.94% | Compare |
| BUUU BUUU Group Limited | $997.0M | — | — | — | — | +124.80% (above 0%: growing) | — | — | Compare |
| Median of peers | $3.4B | 21.9× | 19.8× | +4.97% | +15.09% | +8.50% | 27.27% | 6.94% |
Pay and ownership Proxy statement filed 21 May 2026
Ownership
Directors and executive officers, together
11.40%
Entities managed by Viking Global Investors LP
16.20%
Permian Investment Partners, LP
9.90%
Gates Capital Management, L.P.
9.90%
Alyeska Master Fund, L.P.
9.60%
P3-EQ, LLC
6.90%
Sir Martin E. Franklin
5.90%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Acuren Corporation (TIC) Latest News
5 Nov
6 Aug
6 May
13 Mar
12 Mar
TIC metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score