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Acuren Corporation
(NYSE:TIC)
Acuren Corporation (TIC) vs. SPDR S&P 500 ETF (SPY)
Acuren Corporation Business Overview & Revenue Model
Acuren Corporation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 234.22M | 633.87M | 1.05B |
| Gross Profit | 43.67M | 161.99M | 239.52M |
| EBITDA | -9.44M | 35.41M | 150.56M |
| Net Income | -25.79M | -15.70M | -6.29M |
Balance Sheet | |||
| Total Assets | 2.18B | 2.21B | 1.26B |
| Cash, Cash Equivalents and Short-Term Investments | 155.74M | 139.13M | 87.06M |
| Total Debt | 809.59M | 812.58M | 730.00M |
| Total Liabilities | 1.05B | 1.06B | 880.62M |
| Stockholders Equity | 1.13B | 1.15B | 382.00M |
Cash Flow | |||
| Free Cash Flow | 28.32M | -10.61M | 73.67M |
| Operating Cash Flow | 32.79M | 2.63M | 95.81M |
| Investing Cash Flow | -12.21M | -1.83B | -26.53M |
| Financing Cash Flow | -5.61M | 1.41B | -49.18M |
Acuren Corporation Technical Analysis
Acuren Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $1.52B | 20.13 | 15.06% | 1.01% | 9.46% | 5.91% | |
69 Neutral | $1.53B | 25.78 | 9.51% | 1.41% | -0.38% | -44.93% | |
66 Neutral | $1.21B | 31.96 | 12.06% | 1.27% | 7.66% | -9.96% | |
63 Neutral | $10.80B | 16.55 | 6.58% | 2.06% | 2.37% | -15.86% | |
62 Neutral | $1.38B | 34.97 | 5.86% | ― | 2.42% | 72.72% | |
57 Neutral | $1.89B | 3.24 | ― | ― | ― | ||
49 Neutral | $1.27B | ― | -43.18% | ― | 167.99% | 22.75% |
Acuren Corporation Corporate Events
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.
The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.
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.
The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.
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.
The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.
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.
The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.
On May 13, 2025, Acuren Corporation‘s Board of Directors approved the voluntary delisting of its common stock from the NYSE American to transfer its listing to the New York Stock Exchange, effective May 19, 2025. This strategic move is expected to enhance the company’s market presence and operational flexibility. In the first quarter of 2025, Acuren reported a revenue increase of 5.0% to $234.2 million, driven by strong organic growth and service line expansion. Despite a net loss of $25.9 million due to increased depreciation and acquisition-related costs, the company demonstrated resilience with a 7.2% organic growth and solid cash flow, maintaining its full-year outlook for sustainable growth and shareholder value enhancement.
On May 14, 2025, Acuren Corporation and NV5 Global, Inc. announced a merger agreement to create a leading global Testing, Inspection, Certification, and Compliance (TICC) and engineering services firm with a combined revenue of $2 billion. The merger is expected to be immediately accretive to Acuren stockholders and includes approximately $20 million in cost synergies. NV5 stockholders will receive $23.00 per share, representing a 32% premium to NV5’s 30-day VWAP as of May 14, 2025. The transaction is subject to approval by stockholders of both companies and regulatory approvals, with an expected closing in the second half of 2025.