Is TIC Solutions, Inc. (TIC) Halal?

NYSE Industrials United States $1.5B
✗ NOT HALAL
Confidence: 90/100
TIC Solutions, Inc. (TIC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 41.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. TIC Solutions, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 41.7%
/ 30%
7.1%
/ 30%
12.2%
/ 30%
0.12%
/ 5%
✗ NOT HALAL
DJIM 41.7%
/ 33%
7.1%
/ 33%
12.2%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
MSCI 36.8%
/ 33%
6.3%
/ 33%
10.7%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
S&P 41.7%
/ 33%
7.1%
/ 33%
12.2%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
FTSE 36.8%
/ 33%
6.3%
/ 33%
10.7%
/ 50%
0.12%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.60
P/B Ratio
0.7
EV/EBITDA
14.6
EV: $2.7B
Revenue
$1.1B
Growth: 94.0%
Beta
0.5
Low volatility
Current Ratio
3.2

Profitability

Gross Margin 29.4%
Operating Margin -2.7%
Net Margin -5.7%
Return on Equity (ROE) -5.2%
Return on Assets (ROA) 0.2%

Cash Flow & Balance Sheet

Operating Cash Flow$96M
Free Cash Flow$74M
Total Debt$813M
Debt-to-Equity78.6
Current Ratio3.2
Total Assets$2.2B

Price & Trading

Last Close$7.11
50-Day MA$9.27
200-Day MA$10.72
Avg Volume2.6M
Beta0.5
52-Week Range
$6.55
$14.94

About TIC Solutions, Inc. (TIC)

CEO
Mr. Talman B. Pizzey
Employees
11,084
Website
Sector
Industrials
Industry
Specialty Business Services
Country
United States
Exchange
NYSE
Market Cap
$1.5B
Currency
USD

TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, prevent costly outages, failures, and accidents, and meet regulatory requirements without damaging the asset or component. It also provides market rope access technician solutions, including inspection and testing, as well as insulation, coatings and blasting, welding, pipe fitting, hoisting and rigging, and electrical services. In addition, its TICC services include support from consulting engineers with destructive testing, support failure investigation, material selection, corrosion engineering, welding engineering, fracture mechanics, destructive testing, and chemical analysis. Further, it offers geospatial services, such as data collection, data analytics, and software solutions that support asset management and infrastructure planning. The company serves a range of industrial markets, such as chemical, pipeline, refinery, power generation, oilsands, automotive, aerospace, mining, manufacturing, renewable energy, and pulp and paper. TIC Solutions, Inc. was formerly known as Acuren Corporation and changed its name to TIC Solutions, Inc. in October 2025. The company was founded in 1974 and is headquartered in Hollywood, Florida.

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Frequently Asked Questions

Is TIC Solutions, Inc. (TIC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TIC Solutions, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is TIC Solutions, Inc.'s debt ratio?

TIC Solutions, Inc.'s debt ratio is 41.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.8%.

What are TIC Solutions, Inc.'s key financial metrics?

TIC Solutions, Inc. has a market capitalization of $1.5B, and revenue of $1.1B. The company maintains a gross margin of 29.4% and a net margin of -5.7%. Return on equity stands at -5.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.