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. In the quarter to June 2026, revenue grew 86.1%, EPS fell 3,057.9%, free cash flow fell 102.2% and total debt rose 114.7%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

8.67 0.00 0.00%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
−40.4×
Dividend yield
—
F-score
4/9
Altman Z
0.89
Beneish M
−2.30
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.50
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — — — — — — — — — —
Insider Ownership 50.32%

Capital & Financial Ratios $m

Market Cap 1,890.00
Revenue 2,054.53
Net Income (115.98)
Free Cash Flow 28.50
Net Debt 1,250.32
Current Ratio 2.91 (at or above 1.5: strong)
Debt/Equity 0.77
P/E ratio 0.00
Fwd P/E (40.40) (negative: loss-making)
P/S ratio 0.92
P/B ratio 0.90
Past 5Y EPS Growth —
This Y EPS Growth 53.30% (at or above 15%: strong)
Next Y EPS Growth 88.65% (at or above 15%: strong)
Next Y revenue growth 44.87% (at or above 10%: strong)
Next 5Y EPS Growth 61.33% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 87 139 440 362
Receivables 233 213 366 381
Inventory — — — —
Other — 24 154 204
334 394 1,021 1,014
2023 2024 2025 Q'26
Payables 23 14 60 57
ST’ Debt 7 8 26 23
Other — 2 48 62
113 106 319 348

Compound Annual Growth %

10y 5y 3y
Sales — — 18.13%
Cash Flow — — 33.45%
Earnings — — 0.00%
Book Value — — 61.02%

Revenue $m

Mar Jun Sep Dec Year
’26 488 584 — — —
’25 234 314 474 508 1,530
’24 223 309 303 262 1,097
’23 — — — — 1,050
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 10 (10) — — —
’25 33 (6) 19 50 95
’24 21 (30) 11 21 23
’23 — — 35 61 96
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 (28) — — —
’25 29 (14) 13 39 66
’24 16 (35) 5 11 (3)
’23 — — 20 55 75
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.19) (0.06) — — —
’25 (0.21) 0.00 (0.08) (0.25) (0.60)
’24 (0.25) (1.08) (0.78) (0.13) (1.00)
’23 — — — — (1.25)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 8.76

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 14.94
People
People Employees — — — — — — — 6,265 6,060 12,760
Revenue/emp, $m — — — — — — 0.00 0.17 0.18 0.12
Income, $m
Income, $m Revenue — — — — — — 928 1,050 1,097 1,530
Gross margin, % — — — — — — 21.86 22.81 24.21 29.36
EBT — — — — — — 23 (4) (123) (98)
EBT margin, % — — — — — — 2.53 (0.41) (11.22) (6.42)
Net income — — — — — — 20 (6) (121) (87)
Depreciation — — — — — — 90 98 97 184
Per share, $
Per share, $ Revenue — — — — — — 184.70 208.97 9.04 9.77
Earnings — — — — — — 3.99 (1.25) (1.00) (0.60)
Cash flow — — — — — — 7.95 19.07 0.19 0.61
Capex — — — — — — (4.40) (4.08) (0.21) (0.19)
Free cash flow — — — — — — 3.56 14.98 (0.02) 0.42
Book value — — — — — — 103.88 76.02 9.48 13.92
Shares, m — — — — — — 5 5 121 157
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00
P/S — — — — — — 1.33 1.33 1.33 1.03
P/B — — — — — — 1.27 1.27 1.27 0.73
EV/Sales — — — — — — 1.89 1.89 1.89 1.80
EV/FCF — — — — — — (767.25) (767.25) (767.25) 41.80
Cash, $m
Cash, $m Operating cash flow — — — — — — 40 96 23 95
Capex — — — — — — (22) (21) (26) (29)
Free cash flow — — — — — — 18 75 (3) 66
Balance, $m
Balance, $m Working capital — — — — — — 207 221 288 702
Total debt — — — — — — 561 675 755 1,613
Net debt — — — — — — 499 588 616 1,174
Shareholders’ equity — — — — — — 522 382 1,151 2,180
Returns, %
Returns, % ROA — — — — — — 0.00 (0.49) (6.93) (2.82)
ROIC — — — — — — 2.13 3.51 (1.67) (0.32)
ROE — — — — — — 0.00 (1.39) (15.69) (5.60)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
FA First Advantage Corporation $3.5B 132× 67.8× +14.88% (above 0%: growing) +5,455.56% (above 0%: growing) +120.17% (above 0%: growing) 45.46% 12.71% Compare
MMS Maximus, Inc. $3.2B 9.0× 8.1× −5.15% (below 0%: shrinking) +4.81% (above 0%: growing) +30.90% (above 0%: growing) 27.27% 12.62% Compare
CBZ CBIZ, Inc. $3.0B 25.6× 12.1× −0.19% (below 0%: shrinking) −53.03% (below 0%: shrinking) +32.13% (above 0%: growing) 10.62% 4.99% Compare
ABM ABM Industries Incorporated $3.0B 18.4× 12.2× +4.19% (above 0%: growing) +25.37% (above 0%: growing) −13.91% (below 0%: shrinking) 12.35% 3.95% Compare
TIC Acuren Corporation $1.9B — (loss-making) — (loss-making) +86.14% (above 0%: growing) n/m −102.16% (below 0%: shrinking) 34.94% 1.86%
CMPR Cimpress plc $1.9B 19.5× 18.4× +8.68% (above 0%: growing) n/m −0.56% (below 0%: shrinking) 45.50% 6.86% Compare
TH Target Hospitality Corp. $1.6B — (loss-making) — (loss-making) +38.71% (above 0%: growing) n/m +486.17% (above 0%: growing) 18.49% (8.77%) Compare
LZ LegalZoom.com, Inc. $1.1B 62.9× 21.0× +6.64% (above 0%: growing) n/m +6.58% (above 0%: growing) 68.16% 5.19% Compare
BV BrightView Holdings, Inc. $975.1M — (loss-making) 36.5× +1.31% (above 0%: growing) n/m +69.17% (above 0%: growing) 21.17% 4.50% Compare
Median of peers $2.4B 22.5× 18.4× +5.42% +15.09% +31.52% 24.22% 5.09%

All 44 Specialty Business Services stocks →

Acuren Corporation (TIC) key facts

  • Strength: Acuren Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 39.4% from fiscal 2024.
  • Acuren Corporation (TIC) is a Specialty Business Services company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, TIC traded at $8.67, a market capitalization of $1.9 billion.
  • Return on equity was −5.60% and debt-to-equity 0.77.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.89 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Acuren Corporation (TIC) Latest News

13 Aug

9 Aug

7 Aug

Impact 3 · transcript

1 Jun

7 May

Impact 3 · transcript
stockrow.com/TIC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com