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TISI · TEAM INC

Team, Inc., together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments. The IHT segment offers non-destructive evaluation and testing, radiographic testing, ultrasonic testing, magnetic particle inspection, liquid penetrant inspection, positive material identification, electromagnetic testing, alternating current field measurement, and eddy current testing services. This segment also provides long-range guided ultrasonic, phased array ultrasonic testing, terminals and storage inspection and management program, rope access, mechanical and pipeline integrity, and heat treating services. The MS segment offers leak repair, engineered composite repair, emissions control/compliance, hot tapping, valve insertion, field machining, bolted joint integrity, vapor barrier plug and weld testing, and valve management services. Team, Inc. was founded in 1973 and is headquartered in Sugar Land, Texas.

Cap structure and valuation

Cap structure
SP$16.82
SO4.6M
Options0.0M
Warrants2.5M
FD SO7.0M
MC$118.2M
Cash$12.8M
Total debt$302.6M
EV$408.0M
TTM Multiples
EV / Revenue0.4x
EV / EBITDA8.0x
MC / Net Income6.4x
EV / FCF
MC / FCF
Ownership & coverage
Institutional60.8%
Insiders5.9%
# Institutions36
Analysts0
Consensus
Avg target
Short % float0.5%
Days to cover1.68

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-11. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.

Financial statements

LTM12/31/2512/31/2412/31/2312/31/22
Total Revenue 912.88896.48852.27862.62840.21
Revenue YoY % 1.8%5.2%(1.2%)2.7%
Cost of Revenue 678.29664.77629.12651.46638.60
Gross Profit 234.60231.71223.15211.15201.61
Gross Profit YoY % 1.2%3.8%5.7%4.7%
Gross Margin % 25.7%25.8%26.2%24.5%24.0%
SG&A 212.43217.64213.01224.43241.40
Operating Expense 217.89217.64213.01224.43241.41
Operating Income 16.7014.0710.14(13.28)(39.80)
Operating Income YoY % 18.7%38.8%176.3%66.6%
Operating Margin % 1.8%1.6%1.2%(1.5%)(4.7%)
EBITDA 50.8448.1546.4324.60(2.21)
EBITDA Margin % 5.6%5.4%5.4%2.9%(0.3%)
Interest Expense 42.1244.6847.8155.1885.05
Other Income / (Expense) 46.1233.1440.9172.96198.24
Pretax Income 20.702.533.244.5073.39
Tax Provision 2.362.583.284.583.31
Net Income 18.34(0.05)(0.04)(0.08)70.08
Net Margin % 2.0%(0.0%)(0.0%)(0.0%)8.3%
Diluted EPS -$8.21-$11.70-$8.64-$17.32$16.73
Basic EPS -$8.21-$11.70-$8.64-$17.32$16.73
Diluted Avg Shares 4.64.50.00.04.2
Basic Avg Shares 4.64.50.00.04.2

Insider activity (last 2 years)

Date Filed Reporter Relationship Trans. Date Code Shares Price Total Value
2026-06-02 Hill Gary L. Officer (Chief Executive Officer) 2026-06-01 P 6,250 $16.00 $100,000
2026-05-21 Hill Gary L. Officer (Chief Executive Officer) 2026-05-20 P 5,800 $16.22 $94,076
2026-05-20 Lederman Evan S. Director 2026-05-18 P 600 $16.31 $9,786
2026-04-01 Lederman Evan S. Director 2026-03-30 P 1,000 $16.19 $16,190
2026-04-01 Horton Anthony R Director 2026-03-30 P 3,000 $16.19 $48,570
2026-04-01 Horton Anthony R Director 2026-03-20 P 10,000 $14.44 $144,400
2026-03-25 Stenger Edward J. Director 2026-03-24 P 3,583 $16.31 $58,439
2026-03-25 Stenger Edward J. Director 2026-03-23 P 1,417 $15.21 $21,553
2026-01-16 Caliel Michael J Director 2026-01-14 A 23,110 $0
2026-01-16 Caliel Michael J Director 2026-01-14 A 25,293 $0
2025-12-08 Corre Partners Management, LLC 10% Owner 2025-12-08 P 1,076 $15.13 $16,280
2025-12-08 Corre Partners Management, LLC 10% Owner 2025-12-05 P 1,320 $14.78 $19,510
2025-12-08 Corre Partners Management, LLC 10% Owner 2025-12-04 P 600 $14.81 $8,886
2025-12-03 Corre Partners Management, LLC 10% Owner 2025-12-03 P 700 $14.89 $10,423
2025-12-03 Davis Jeffery Gerald Director 2025-12-02 S (1,000) $14.80 -$14,800
2025-12-03 Corre Partners Management, LLC 10% Owner 2025-12-01 P 13,334 $14.83 $197,743
2025-11-25 Davis Jeffery Gerald Director 2025-11-21 S (573) $15.00 -$8,595
2025-11-19 Horton Anthony R Director 2025-11-17 P 4,000 $15.68 $62,720
2025-11-10 Tucker Keith D Officer (CEO) 2025-11-06 M 28,054 $0
2025-11-10 Tucker Keith D Officer (CEO) 2025-11-06 F (11,385) $15.86 -$180,566
2025-11-10 Tucker Keith D Officer (CEO) 2025-11-06 M (28,054) $-0
2025-11-10 HAIGHT NELSON M Officer (Chief Financial Officer) 2025-11-06 M 18,703 $0
2025-11-10 HAIGHT NELSON M Officer (Chief Financial Officer) 2025-11-06 F (6,986) $15.86 -$110,798
2025-11-10 HAIGHT NELSON M Officer (Chief Financial Officer) 2025-11-06 M (18,703) $-0
2025-10-14 Webster James C. Officer (EVP and Chief Legal Officer) 2025-10-13 A 5,548 $0
2025-08-19 McGinnis Pamela J. Director 2025-08-19 P 570 $18.95 $10,802
2025-08-19 McGinnis Pamela J. Director 2025-08-18 P 160 $18.91 $3,026
2025-08-19 McGinnis Pamela J. Director 2025-08-15 P 602 $19.49 $11,733
2025-06-23 HAIGHT NELSON M Officer (Chief Financial Officer) 2025-06-21 M 8,720 $0
2025-06-23 HAIGHT NELSON M Officer (Chief Financial Officer) 2025-06-21 F (3,179) $-0
2025-06-12 Corre Partners Management, LLC 10% Owner 2025-06-12 P 928 $19.28 $17,891
2025-06-12 Corre Partners Management, LLC 10% Owner 2025-06-11 P 3,640 $19.28 $70,175
2025-06-12 Corre Partners Management, LLC 10% Owner 2025-06-10 P 306 $18.65 $5,706
2025-06-09 Corre Partners Management, LLC 10% Owner 2025-06-09 P 5,640 $18.57 $104,744
2025-06-09 Corre Partners Management, LLC 10% Owner 2025-06-06 P 5,572 $19.05 $106,156
2025-06-09 Corre Partners Management, LLC 10% Owner 2025-06-05 P 1,910 $19.23 $36,738
2025-06-06 Lederman Evan S. Director 2025-06-05 S (900) $20.01 -$18,009
2025-06-04 Corre Partners Management, LLC 10% Owner 2025-06-04 P 2,311 $19.02 $43,963
2025-06-04 Corre Partners Management, LLC 10% Owner 2025-06-03 P 5,856 $19.07 $111,666
2025-06-04 Corre Partners Management, LLC 10% Owner 2025-06-02 P 1,613 $17.91 $28,886
2025-06-02 Lederman Evan S. Director 2025-05-29 S (1,650) $18.04 -$29,766
2024-12-19 Tucker Keith D Officer (CEO) 2024-11-06 F (11,385) $18.09 -$205,955
2024-12-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-06 F (6,288) $18.09 -$113,750
2024-12-19 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-11-06 F (6,986) $18.09 -$126,377
2024-12-19 Caliel Michael J Director, Officer (Executive Chairman) 2024-11-06 F (7,591) $18.09 -$137,321
2024-11-19 Acosta Matthew E Officer (VP & Chief Accounting Officer) 2024-11-17 M 128 $0
2024-11-19 Acosta Matthew E Officer (VP & Chief Accounting Officer) 2024-11-17 F (31) $-0
2024-11-19 Acosta Matthew E Officer (VP & Chief Accounting Officer) 2024-11-17 M (128) $-0
2024-11-19 Tucker Keith D Officer (CEO) 2024-11-17 M 410 $0
2024-11-19 Tucker Keith D Officer (CEO) 2024-11-17 F (163) $-0
2024-11-19 Tucker Keith D Officer (CEO) 2024-11-17 M (410) $-0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-17 M 512 $0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-17 F (187) $-0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-17 M (512) $-0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-15 M 8,721 $0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-15 F (3,179) $-0
2024-11-19 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-15 M (8,721) $-0
2024-11-18 Horton Anthony R Director 2024-11-15 P 1,082 $15.24 $16,490
2024-11-08 Caliel Michael J Director, Officer (Executive Chairman) 2024-11-06 M 31,172 $0
2024-11-08 Caliel Michael J Director, Officer (Executive Chairman) 2024-11-06 F (7,310) $-0
2024-11-08 Caliel Michael J Director, Officer (Executive Chairman) 2024-11-06 M (31,172) $-0
2024-11-08 Tucker Keith D Officer (CEO) 2024-11-06 M 28,055 $0
2024-11-08 Tucker Keith D Officer (CEO) 2024-11-06 F (11,133) $-0
2024-11-08 Tucker Keith D Officer (CEO) 2024-11-06 M (28,055) $-0
2024-11-08 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-11-06 M 18,703 $0
2024-11-08 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-11-06 F (6,818) $-0
2024-11-08 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-11-06 M (18,703) $-0
2024-11-08 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-06 M 16,833 $0
2024-11-08 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-06 F (6,136) $-0
2024-11-08 Bouchard Andre C Officer (Exec VP & Chief Legal Officer) 2024-11-06 M (16,833) $-0
2024-06-24 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-06-21 M 8,721 $0
2024-06-24 HAIGHT NELSON M Officer (Chief Financial Officer) 2024-06-21 F (2,046) $-0
2024-06-17 Corre Partners Management, LLC 10% Owner 2024-06-14 P 4,000 $8.29 $33,152
2024-06-05 Corre Partners Management, LLC 10% Owner 2024-06-03 P 2,800 $7.32 $20,490