TIC Solutions, Inc.
TIC, TICAW · Services-Business Services, NEC · 221.0M shares · EDGAR filings ↗
Reference price $9.58 · est. market cap ~$2.1B — last insider sale, 2025-11-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52gen composite 47pct→66; net + operating loss
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -5.7%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $440M cash & investments
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
29.4%
Operating margin
-1.1%
Net margin
-5.7%
Return on equity
-4.0%
Return on assets
-2.0%
ROIC
-0.4%
Revenue growth (QoQ)
108.4%
Debt / equity
0.7×
Net debt / EBITDA
7.3×
Current ratio
3.2×
Free cash flow
$61M
EBITDA
$161M
Tangible book value
-$861M
Cash & investments
$440M
Stock comp / revenue
1.1%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Benjamin Heraud | Chief Executive Officer | $986K FY2025 |
| Fiona Sutherland | GENERAL COUNSEL | $1M FY2025 |
| Greg Conaway | Officer | $302K FY2025 |
| Kristin Schultes | Chief Financial Officer | $2M FY2025 |
| MaryJo O’Brien | Officer | $141K FY2025 |
| O'Brien Mary Jo | Chief Human Resources Officer | — |
| PHAN JENNIFER N | Chief Legal Officer | — |
| Richard Tong | General Counsel | $918K FY2025 |
| Antoinette C. Bush | Director | $155K FY2025 |
| Byron Roth | Director | $121K FY2025 |
| Dickerson Wright | Director | $121K FY2025 |
| Elizabeth Meloy Hepding | Director | $155K FY2025 |
| FRANKLIN MARTIN E | Director | — |
| Franklin Robert A.E. | Director | — |
| James E. Lillie | Director | $160K FY2025 |
| Peter A. Hochfelder | Director | $160K FY2025 |
| PIZZEY TALMAN | Director | — |
| Rory Cullinan | Director | $178K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-31 | PIZZEY TALMAN | Option exercise | 73K | — |
| 2026-03-31 | PIZZEY TALMAN | Tax withheld | 40K | $6.58 |
| 2026-03-31 | PIZZEY TALMAN | Option exercise | 73K | — |
| 2026-03-31 | PIZZEY TALMAN | Tax withheld | 40K | $6.58 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-07-01 | Shareholder vote | filing ↗ |
| 2026-06-05 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-03-12 | Exhibits | filing ↗ |
| 2026-03-12 | ResultsExec/director changeExhibits | filing ↗ |
| 2026-01-02 | Other | filing ↗ |
| 2025-11-12 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-07 | Material agreement3.025.03Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-07-01 | 2026-07-01 | 0001628280-26-046600 ↗ |
| 8-K | 2026-06-05 | 2026-06-02 | 0001628280-26-040905 ↗ |
| DEF 14A | 2026-05-21 | 2026-07-01 | 0001213900-26-060056 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001628280-26-030885 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001628280-26-030884 ↗ |
| 10-K/A | 2026-04-30 | 2025-12-31 | 0001628280-26-028570 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001213900-26-026996 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001628280-26-017010 ↗ |
| 10-K | 2026-03-12 | 2025-12-31 | 0001628280-26-017015 ↗ |
| 8-K | 2026-01-02 | 2025-12-31 | 0001193125-26-000998 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001628280-25-051293 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001628280-25-051303 ↗ |