TIC Solutions TIC

Financial - Credit Services, Financial Services

$9.70

+1.57%

Market cap: $2.1B
PE: n/m; a loss over the last year
Forward PE: n/m; not a meaningful number
Price to sales: 1.0×
EV/EBIT: n/m; a loss over the last year
Revenue, 12 months: $2.1B
Net margin: −5.6%
Free cash flow yield: 1.1%

TIC Solutions trades at 1.0× sales. Its trailing earnings are negative, so it has no PE. Revenue was $2.1B over the last twelve months with a −6% net margin.

Charts

Financials

Income statement for TIC, by quarter
Income statement	Q1 FY24	Q2 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$223.1M	$309.3M	$234.2M	$313.9M	$473.9M	$508.3M	$488M+108%	$584.3M+86%
Cost of revenue	$167.2M	$228.7M	$190.5M	$239.8M	$321.2M	$329.4M	$326.7M+72%	$380.2M+59%
Gross profit	$55.8M	$80.6M	$43.7M	$74.1M	$152.7M	$178.9M	$161.3M+269%	$204.2M+176%
SG&A	$41.9M	$60.9M	$39.9M	$55.8M	$140.5M	$192.6M	$150.3M+277%	$193.3M+247%
	$14M	$19.7M	−$9.4M	$18.4M	−$6.5M	−$19.5M	−$29.1M+208%	$10.8M−41%
Interest expense	$16M	$17.6M	$16M	$15.5M	$26.5M	$29.6M	$29M+81%	$28.4M+84%
Pre-tax income	−$2M	$2.5M	−$24.3M	$3.7M	−$30.4M	−$47.1M	−$58M+138%	−$16.6M
	−$710K	$7.9M	$1.5M	$3.9M	−$16.6M	$128K	−$16.5M	−$3.2M
Net income	−$1.3M	−$5.5M	−$25.8M	−$233K	−$13.9M	−$47.2M	−$41.5M+61%	−$13.3M+5626%
	−$0.25	−$1.08	−$0.21	$0.00	−$0.08	−$0.25	−$0.19−10%	−$0.06
	5M	5M	122.5M	122.5M	168.2M	215.1M	218.3M+78%	218.2M+78%

Revenue: Q1 FY24: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY24: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY24: 6 months less the 3 months printed beside them.

SG&A: Q1 FY24: 6 months less the 3 months printed beside them.

Operating income: Q1 FY24: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY24: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY24: 6 months less the 3 months printed beside them.

Income tax: Q1 FY24: 6 months less the 3 months printed beside them.

Net income: Q1 FY24: 6 months less the 3 months printed beside them.

EPS, diluted: 4 periods, Q1 FY24 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY24: share-days: the 6-month average less the second quarter's. Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Financial - Credit Services nearest TIC Solutions' size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
TICTIC Solutions	$2.1B	n/m	n/a	1.0×	n/m	−5.6%
ECPGEncore Capital	$2.1B	7.4×	7.2×	1.1×	+30%	15.9%
AGMFederal Agricultural Mortgage	$2.2B	10.9×	10.3×	4.9×	+15%	51.4%
WUWestern Union CO	$2B	5.2×	7.9×	0.5×	−2%	9.8%
UPSTUpstart	$2.3B	48.5×	62.8×	1.9×	+46%	4.8%
FLYWFlywire	$2.4B	74.6×	134×	3.3×	+32%	4.8%
PAYOPayoneer Global	$2.4B	47.7×	28.4×	2.2×	+6%	4.6%
EEFTEuronet Worldwide	$2.5B	10.4×	25.6×	0.6×	+6%	6.6%
HAPNHappen	$1.6B	8.5×	20.6×	1.6×	+18%	18.7%
PGYPagaya Technologies	$1.6B	13.9×	14.2×	1.1×	+20%	9.1%
CBZCBIZ	$3B	25.7×	21.6×	1.1×	+14%	4.7%
Peer median	$2.2B	12.4×	21.1×	1.3×	+17%	7.8%