Breakdown | TTM | Dec 2024 | Dec 2023 |
---|---|---|---|
Income Statement | |||
Total Revenue | 548.14M | 633.87M | 1.05B |
Gross Profit | 117.77M | 161.99M | 239.52M |
EBITDA | 68.94M | 35.41M | 150.56M |
Net Income | -26.03M | -15.70M | -6.29M |
Balance Sheet | |||
Total Assets | 2.24B | 2.21B | 1.26B |
Cash, Cash Equivalents and Short-Term Investments | 130.06M | 139.13M | 87.06M |
Total Debt | 813.22M | 812.58M | 730.00M |
Total Liabilities | 1.06B | 1.06B | 880.62M |
Stockholders Equity | 1.18B | 1.15B | 382.00M |
Cash Flow | |||
Free Cash Flow | 13.81M | -10.61M | 73.67M |
Operating Cash Flow | 26.30M | 2.63M | 95.81M |
Investing Cash Flow | -28.41M | -1.83B | -26.53M |
Financing Cash Flow | -10.31M | 1.41B | -49.18M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $1.49B | 19.68 | 15.06% | 1.06% | 9.46% | 5.91% | |
73 Outperform | $1.36B | 33.98 | 5.86% | ― | 2.42% | 72.72% | |
70 Outperform | $1.49B | 25.16 | 9.51% | 1.47% | -0.38% | -44.93% | |
70 Outperform | $1.26B | 33.23 | 12.06% | 1.22% | 7.66% | -9.96% | |
64 Neutral | $10.73B | 15.65 | 7.61% | 2.01% | 2.80% | -14.92% | |
61 Neutral | $2.24B | 3.24 | ― | ― | ― | ||
47 Neutral | $1.12B | ― | -30.69% | ― | 87.67% | 18.33% |
On August 4, 2025, Acuren Corporation completed its merger with NV5 Global, Inc., creating a $2 billion market-leading TICC and engineering services company. This strategic merger is expected to enhance Acuren’s operational and financial positioning, enabling cross-selling opportunities and sustainable growth. The company reported a revenue of $313.9 million for the second quarter of 2025, marking a 1.5% year-over-year increase driven by strong callout work. Acuren’s integration with NV5 is anticipated to deliver significant value to customers, employees, and investors, while expanding its service offerings and geographic reach.
Acuren Corporation has completed its merger with NV5 Global, Inc., creating a market-leading North American provider of TICC and engineering services. This merger, finalized on August 4, 2025, enhances Acuren’s ability to serve a broader customer base across critical industrial assets, public infrastructure, and the built environment. The transaction, valued at approximately $1.7 billion, was approved by the stockholders of both companies and received necessary regulatory approvals. As part of the merger, Acuren has appointed three new directors to its Board and reorganized its operations into three segments: Inspection and Mitigation, Engineering and Lab, and Geospatial. The merger is expected to unlock growth opportunities, enhance recurring revenue, and deliver synergies through cross-selling and cost optimization.
On July 31, 2025, Acuren Corporation held its Annual Meeting of Stockholders, where stockholders approved several proposals, including the issuance of shares to NV5 Global, Inc. stockholders as part of a merger agreement. This approval marks a significant milestone for Acuren, as the merger is expected to close in August 2025, pending regulatory approvals, and is anticipated to enhance the company’s market positioning.
On June 3, 2025, Acuren Corporation held investor presentations and is scheduled to present at the Baird 2025 Global Consumer, Technology & Services Conference on June 4, 2025. The company discussed its business combination with NV5, highlighting potential synergies, financial performance, and strategic advantages. However, the announcement also noted various risks and uncertainties that could impact future performance, including economic conditions, regulatory changes, and geopolitical risks.