Team is a provider of standard to specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high-pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries. The Company conducts operations in three segments: TeamQualspec Group, TeamFurmanite Group, and Quest Integrity. TeamQualspec provides standard and advanced nondestructive testing services for the process, pipeline and power sectors, pipeline integrity management services, field heat treating services, as well as associated engineering and assessment services. These services can be offered while facilities are running (on-stream), during facility turnarounds or during new construction or expansion activities. TeamFurmanite, is a mechanical services segment, provides turnaround and on-stream services. Turnaround services are project-related and demand is a function of the number and scope of scheduled and unscheduled facility turnarounds as well as new industrial facility construction or expansion activities. The turnaround services TeamFurmanite provides include field machining, technical bolting, field valve repair, heat exchanger repair, and isolation test plugging services. On-stream services offered by TeamFurmanite represent the services offered while plants are operating and under pressure. These services include leak repair, fugitive emissions control, and hot tapping. Quest Integrity provides integrity and reliability management solutions for the process, pipeline and power sectors. These solutions encompass two disciplines: highly specialized in-line inspection services for unpiggable process piping and pipelines using proprietary in-line inspection tools and analytical software; and advanced condition assessment services through a multi-disciplined engineering team.

Company Growth (employees)
Type
Public
HQ
Sugar Land, US
Founded
1973
Size (employees)
7,400 (est)
Team was founded in 1973 and is headquartered in Sugar Land, US

Team Office Locations

Team has an office in Sugar Land
Sugar Land, US (HQ)
13131 Dairy Ashford Rd

Team Data and Metrics

Team Financial Metrics

Team's revenue was reported to be $571.7 m in FY, 2016
USD

Revenue (FY, 2016)

571.7 m

Revenue growth (FY, 2015 - FY, 2016), %

(32%)

Net income (FY, 2016)

8.9 m

EBIT (FY, 2016)

19.2 m

Market capitalization (21-Sep-2017)

393.7 m

Cash (31-Mar-2017)

23.7 m
Team's current market capitalization is $393.7 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

749.5 m842 m571.7 m

Revenue growth, %

12%(32%)

General and administrative expense

189.5 m142.6 m

Operating expense total

189.5 m142.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Revenue

188.1 m240.6 m174.6 m222.7 m280.9 m

General and administrative expense

44.5 m50.2 m43.8 m58.1 m64.8 m

Operating expense total

44.5 m50.2 m43.8 m58.1 m64.8 m

EBIT

11.8 m28.7 m2.9 m4.4 m19.4 m
USDFY, 2014FY, 2015FY, 2016

Cash

34.7 m33.2 m46.2 m

Accounts Receivable

63.4 m

Inventories

8.3 m10.6 m25.8 m

Current Assets

248.8 m288.7 m401.4 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

31.5 m41 m35.6 m40 m46.5 m88.3 m65.4 m38.2 m23.7 m

Inventories

26.5 m26.7 m28.1 m29.2 m28.5 m66 m54.3 m52.4 m50.4 m

Current Assets

243.5 m299.6 m252.1 m301.3 m342.2 m509.8 m480 m428.3 m369.8 m

PP&E

91.4 m92 m93.1 m119 m123.2 m201 m206.3 m212 m205.3 m
USDFY, 2014FY, 2015FY, 2016

Net Income

30.1 m40.5 m8.9 m

Depreciation and Amortization

21.5 m22.8 m19.4 m

Inventories

(17 k)(2.5 m)(111 k)

Accounts Payable

(295 k)10.8 m(13.4 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

7.1 m17.6 m329 k1.4 m11.5 m

Inventories

26.5 m26.7 m28.1 m29.2 m28.5 m66 m54.3 m52.4 m50.4 m

Accounts Payable

21.4 m29.1 m21.5 m25.6 m31.6 m38.5 m51.9 m49.4 m40.8 m
Y, 2017

Financial Leverage

2.1 x
Show all financial metrics

Team Market Value History

Traffic Overview of Team

Team Online and Social Media Presence

Team News and Updates

TeamSnap to Acquire Korrio

PRESS RELEASE: TeamSnap, the household name in integrated sports management, announced today it has acquired Korrio, a cloud-based service for organizing and sharing youth sports. Terms of the deal were not disclosed. "TeamSnap has become the...

Teamsters convince Congress to block driverless trucks

The International Brotherhood of Teamsters, a union representing 1.4 million members, is fighting tooth-and-nail against the legal implementation of autonomous trucks in the US. Last week it successfully lobbied Congress to place a 10,000 pound weight-limit on current driverless vehicle legislation.…

Sword Legacy: Omen is indie publisher Team17’s first push into Brazil

Team17 is making a big push in Brazil, signing its first publishing partnership with Brazilian studios Firecast Studio and Fableware Narrative Design for their tactical role-playing game, Sword Legacy: Omen. Sword Legacy is a joint effort of developer Firecast, which debuted in 2014, and Fableware N…

TeamSnap Acquires Sports Tournament Management Company, FanAppEvents

PRESS RELEASE: TeamSnap, the household name in integrated sports management, announced the acquisition of FanAppEvents, a leading tournament and league management company, for an undisclosed amount. The acquisition enhances TeamSnap's ability to simplify...

Teamable raises $5 million Series A led by True Ventures

 Teamable wants to know your social network. Well, its software does. The reason: it might find someone suited to fill an opening at your company who — no offense to your intelligence — might not necessarily spring to mind. How does it work? By churning through your contact lists (think Gmail, Faceb…

Teamable raises $5 million to widen talent pool by tapping into social networks

Teamable, which provides recruiting software for businesses, today announced funding of $5 million, led by True Ventures. The startup wants to help businesses connect employees’ social networks to Teamable’s software as a service (SaaS) in order to increase referrals to open positions. “The last thr…
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Team Company Life and Culture

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