TIC Solutions, Inc. (TIC)

TIC Solutions Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-55.54	-121.16	-6.29	20.04
Depreciation & Amortization	136.12	93.09	94.82	86.44
Other Amortization	4.07	3.77	3.59	3.25
Stock-Based Compensation	11.1	82.48	4.98	2.56
Provision & Write-off of Bad Debts	3.11	3.11	1.35	1.33
Other Operating Activities	-22.85	-2.16	-6.28	-33.69
Change in Accounts Receivable	5.08	-5.02	0.88	-38.8
Change in Accounts Payable	-3.61	-14.17	2.92	-3.5
Change in Other Net Operating Assets	-8.21	-16.89	-0.15	2.36
Operating Cash Flow	66.02	23.07	95.81	39.98
Operating Cash Flow Growth	4.21%	-75.92%	139.64%	-
Capital Expenditures	-31.03	-27.58	-22.14	-23.08
Sale of Property, Plant & Equipment	3.67	1.81	1.62	0.98
Cash Acquisitions	-833.16	-1,867	-6.01	-45.58
Investing Cash Flow	-860.52	-1,893	-26.53	-67.67
Long-Term Debt Issued	-	805	195	50
Long-Term Debt Repaid	-	-28.11	-91.33	-13.19
Net Debt Issued (Repaid)	853.88	776.89	103.67	36.81
Issuance of Common Stock	-	666.63	-	0.27
Repurchase of Common Stock	-	-	-	-0.75
Common Dividends Paid	-	-	-150	-
Other Financing Activities	-24.33	-21.36	-2.84	-0.36
Financing Cash Flow	829.55	1,422	-49.18	35.97
Foreign Exchange Rate Adjustments	-3.08	-8	4.38	-5.63
Net Cash Flow	31.97	-455.4	24.48	2.65
Free Cash Flow	35	-4.51	73.67	16.91
Free Cash Flow Growth	-10.42%	-	335.78%	-
Free Cash Flow Margin	2.73%	-0.41%	7.02%	1.82%
Free Cash Flow Per Share	0.26	-0.08	14.66	3.32
Cash Interest Paid	70.98	69.32	60.36	35.91
Cash Income Tax Paid	28.57	26.91	29.76	17.4
Levered Free Cash Flow	-63.69	85.21	89.11	-
Unlevered Free Cash Flow	-20.44	125.46	123.03	-
Change in Working Capital	-9.98	-36.08	3.65	-39.94

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q