TIC · NYSE · Specialty Business Services

TIC Solutions (TIC)

Provides industrial inspection, consulting engineering, and geospatial data services for critical assets.

$9.27
vs last close+0.03 (+0.27%)
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TIC Solutions, Inc.TIC
Industrials

Provides inspection and mitigation, consulting engineering, and geospatial services to industrial operators, infrastructure owners, and public agencies, primarily in North America. Revenue comes largely from time-and-materials or cost-plus inspection work and fixed-price engineering and geospatial projects, with regulation, maintenance cycles, and public funding shaping demand.

Provides Testing, Inspection, Certification and Compliance services through three segments. Inspection and Mitigation performs nondestructive testing, rope-access work, and field repairs for industrial assets. Consulting Engineering covers infrastructure and building design, environmental consulting, and materials testing, while Geospatial collects and analyzes LiDAR, imagery, and remote-sensing data and sells related software.

Operates primarily in the United States and Canada, serving industrial operators, infrastructure owners, utilities, and public agencies. Its field technicians can inspect and mitigate problems at customer sites, backed by engineers, laboratories, aerial data collection, and analytics. Inspection work is mostly time-and-materials or cost-plus; engineering and geospatial work leans toward fixed-price projects. Demand depends on regulation, recurring maintenance and outages, industrial spending, government funding, project schedules, and retaining skilled technical labor.

Company facts

CEOBenjamin Heraud
ListedJul 30, 2024
ExchangeNYSE
HeadquartersHollywood, FL
CountryUnited States
Employees12,760
CIK0002032966
ISINUS00510N1028

Market cap$2.04B
EPS (ttm)−$0.7947
P/E (ttm)−11.63
ROE-5.5%
P/B0.9743
P/S0.9941
Dividend yieldDiv yield
Beta2.03vs XLI 0.45

Price target$11.50+24.5%Average of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 21, 2026JP MorganUpgrade
Rating: Underweight
Rating: Neutral
Aug 11, 2026UBSUpgrade
Rating: NeutralTarget: $15
Rating: BuyTarget: $12.50
Aug 7, 2026Robert W. BairdTarget
Target: $11
Target: $10
May 7, 2026Roth CapitalTarget
Target:
Target: $11.50
May 7, 2026Robert W. BairdTarget
Target: $15
Target: $11

Next report
Nov 9, 26
estimated · in 48 days
EPS estimate
$0.06
Revenue estimate
$576.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.13−$0.21$0.00−$0.08−$0.13−$0.07−$0.06Pending
Estimate$0.19−$0.01$0.11$0.09$0.06$0.02$0.00$0.06
Surprise−169.5%−2,000.0%−101.8%−188.8%−329.1%−450.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$234.2M$313.9M$473.9M$508.3M$488.0M$584.3MPending
Estimate$308.4M$308.4M$485.0M$521.6M$522.1M$474.9M$577.6M$576.5M
Surprise−24.1%−35.3%−9.1%−2.6%+2.8%+1.2%
Estimate$0.06
ReportedDue Nov 9, 2026
Estimate$576.5M
ReportedDue Nov 9, 2026
View details

Debt to equity81.20%
Current ratio291.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$303.0M$262.0M$234.2M$313.9M$473.9M$508.3M$488.0M$584.3M
Net income−$98.8M−$15.6M−$25.8M−$233.0K−$13.9M−$47.2M−$41.5M−$13.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$77.5M−$3.4M−$9.4M$18.4M−$6.5M−$13.8M−$29.1M$10.8M
YoY growthLoss narrowedLoss widenedLoss widened−40.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $362.4M · Total debt $1.70B · Total assets $4.29B · Shareholders' equity $2.10B

Revenue
$584.3M
Operating income
$10.8M
Net income
−$13.3M
View details

No dividends on record.

Institutions86.61%189.00M shares
221 holders · as of Jun 30, 2026
Insiders10.75%23.46M shares
13 holders · as of Aug 4, 2026
Other2.64%5.76M shares
remainder

218.22M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Viking Global Investors LPInstitution
16.42%35.82Mas of Jun 30, 2026
Permian Investment Partners, LPInstitution
9.77%21.31Mas of Jun 30, 2026
Gates Capital Management, Inc.Institution
8.94%19.50Mas of Jun 30, 2026
Alyeska Investment Group, L.P.Institution
8.53%18.60Mas of Jun 30, 2026
Progeny 3, Inc.Institution
7.13%15.56Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Nov 18, 2025Richard Tongofficer: General Counsel−52,467$9.58
View details

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Compare

CompanyPriceChange
TIC Solutions$9.27+0.27%$2.04B1.0+86.1%
Mistras Group$21.09+0.45%$667.8M25.218.20.9+4.2%
Team$27.88−0.48%$128.0M0.1−9.0%
Tetra Tech$35.49−1.31%$9.33B21.721.01.8−19.0%
Stantec$71.03+0.41%$8.07B22.421.41.4−13.1%
AECOM$62.37−0.89%$8.09B28.910.10.5−61.5%
Jacobs Solutions$142.39−0.95%$16.98B50.417.71.2−20.2%
Median25.218.21.0−16.0%