Acuren Corporation (TIC) AI Stock Analysis

• Market Cap: $2.79B
• Dividend Yield: N/A
• Average Volume (3M): 2.98M
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.22
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 5,498
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Specialties
• EPS (TTM): N/A
• Shares Outstanding: 200,589,750
• 10 Day Avg. Volume: 5,157,969
• 30 Day Avg. Volume: 2,975,587
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 4.15
• Enterprise Value/Gross Profit: 19.34
• Enterprise Value/Ebitda: 33.03
• 1Y Price Target: $14.17
• Price Target Upside: -2.21% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 65 Neutral
• Price Target: $15.50 ▲(6.97% Upside)

The overall stock score of 65 reflects a mixed outlook. The strong technical analysis indicates bullish momentum, but financial performance challenges and lack of valuation data weigh on the score. Improving financial health and obtaining valuation metrics are crucial for a more favorable assessment.

Acuren Corporation Business Overview & Revenue Model

Company Description

Acuren Corporation (TIC) is a leading provider of nondestructive testing (NDT), inspection, and engineering services primarily to the energy, mining, infrastructure, and defense sectors. The company specializes in ensuring the structural integrity and reliability of critical industrial assets through advanced testing and inspection techniques. Acuren's core services include ultrasonic testing, radiographic testing, magnetic particle testing, and visual inspection, among others, catering to a wide range of industrial applications.

How the Company Makes Money

Acuren Corporation generates revenue through a combination of service fees for its testing, inspection, and engineering services. The company's key revenue streams include contracts with clients in industries such as oil and gas, power generation, and mining, where the maintenance of infrastructure is critical. Acuren often enters into long-term service agreements with major industrial clients, providing consistent cash flow. Additionally, the company leverages its expertise and advanced technology solutions to offer specialized services, enhancing its value proposition and revenue potential. Partnerships with technology providers and ongoing innovation in service delivery further support Acuren's revenue model, allowing it to meet the evolving needs of its client base effectively.

Acuren Corporation Financial Statement Overview

Summary

Acuren Corporation is facing financial challenges with declining revenues and profitability issues. The income statement reveals a negative net profit margin and declining EBIT and EBITDA margins. The balance sheet shows a strong equity position but moderate leverage. Cash flow is a concern with negative free cash flow growth, indicating liquidity challenges.

Income Statement

Acuren Corporation has seen a significant drop in revenue from the previous year, translating to a negative revenue growth rate. The gross profit margin stands at 25.55%, indicating moderate efficiency in controlling production costs. However, the company is facing challenges with profitability, as evidenced by a negative net profit margin of -2.48% and a significant decline in EBIT and EBITDA margins to 5.59%. This highlights the need for improved cost management and revenue generation strategies.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of 52.15%, indicating stability and a solid asset base. However, the debt-to-equity ratio is 0.71, suggesting moderate leverage which could pose a risk if not managed carefully. The return on equity is negative at -1.36%, reflecting the current struggles with profitability.

Cash Flow

The cash flow statement shows declining free cash flow, with a negative free cash flow growth rate, indicating liquidity challenges. The operating cash flow to net income ratio is 0.17, suggesting inefficiencies in converting revenue into cash. The free cash flow to net income ratio is negative due to negative free cash flow, necessitating a focus on cash management and operational efficiencies.

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

Acuren Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TIC, the sentiment is Positive. The current price of 14.49 is above the 20-day moving average (MA) of 12.14, above the 50-day MA of 11.23, and above the 200-day MA of 11.11, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 71.35 is Negative, neither overbought nor oversold. The STOCH value of 86.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TIC.

Acuren Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LNN	74 Outperform	1.52B	19.82	14.37%	1.04%	9.46%	5.91%
DCO	73 Outperform	1.39B	35.37	5.65%	―	2.42%	72.72%
CDRE	70 Outperform	1.48B	38.41	11.46%	1.03%	7.66%	-9.96%
TIC	65 Neutral	$2.79B	3.24	―	―	―	―
TNC	62 Neutral	1.49B	24.84	9.31%	1.46%	-0.38%	-44.93%
EH	56 Neutral	1.30B	-36.77	-24.04%	―	87.67%	18.33%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Acuren Corporation Corporate Events

Acuren Corporation Completes Merger with NV5 Global

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 Completes Merger with NV5 Global

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.

Acuren Corporation Approves Share Issuance for Merger

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.

Acuren Corporation to Present at Baird Conference

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.