Clarivate vs TIC Solutions
Clarivate is the larger business, with $2.46bn of revenue in fiscal 2025 against $1.53bn for TIC Solutions (1.6 times as much). TIC Solutions grew faster (45.7% against -4.0%). TIC Solutions kept more of each dollar of sales as profit: a net margin of -5.7% against -8.2%. TIC Solutions carries less debt relative to equity (75.7% against 92.3%).
| Latest fiscal year | ClarivateCLVT, 2025 | TIC SolutionsTIC, 2025 |
|---|---|---|
| Revenue | $2.46bn | $1.53bn |
| Revenue growth | -4.0% | 45.7% |
| Net income | −$201m | −$87.1m |
| Operating margin | 2.9% | -1.1% |
| Net margin | -8.2% | -5.7% |
| Return on equity | -4.0% | -4.0% |
| Free cash flow | $365m | $61.3m |
| Cash | $329m | $440m |
| Total debt | $4.47bn | $1.65bn |
| Debt to equity | 92.3% | 75.7% |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | $225m | — |
| Employees | 12,000 | — |
| Market value | $1.31bn | $2.34bn |
| Price vs our value range | — | — |
| Moat score | 49 (Moderate) | — |
| Insider trades, 12 months | 4 buys, 4 sales | 0 buys, 1 sales |