greeksoup/ stock research
Stock research / United States / CTRI · Natural Gas Transmisison & Distribution · NYSE

Centuri Holdings, Inc. (CTRI)

Compare with another name

Centuri Holdings, Inc. (CTRI) reported revenue of $962 million for Q2 FY2026, the quarter ended 28 June 2026, up 32.9% on the same quarter a year earlier. Net income was $6 million, down 24.3% on the year, and diluted earnings per share $0.06. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$962 millionup 32.9%
Net income$6 milliondown 24.3%
Diluted EPS$0.06
QuarterQ2 FY2026ended 28 June 2026

Centuri Holdings (CTRI) in brief

Centuri Holdings (CTRI) reported revenue of $3.0 billion for fiscal 2025, the year ended 28 December 2025, up 13.1% on the year before.
Read moreNet income was $22 million and diluted earnings per share $0.25. Revenue was $2.6 billion in fiscal 2024, $2.9 billion in fiscal 2023 and $2.8 billion in fiscal 2022. Net income in the same years was a loss of $7 million, a loss of $186 million and a loss of $168 million. Over the twelve months to 28 June 2026, Centuri Holdings reported revenue of $3.4 billion and net income of $29 million. Centuri Holdings had 101 million shares outstanding at the latest filed count. At the close of 27 October 2026 the market cap of Centuri Holdings was $2.1 billion, 66.5 times its earnings over the last twelve months.

Ratios

From the filings

ROE3.3%
ROCE5.8%
Operating margin2.7%
Net margin0.9%
FCF margin-0.4%
Interest covern/a
Debt to equity0.83
Cash conversion2.57
Share count, last 12 months13.9%
Sales CAGR, 3 years2.6%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.31

At the close of 27 October 2026

Price$20.63
Market cap$2.1 billion
Stock P/E66.55
Price to book2.40
EV / EBITDA11.82
Dividend yieldn/a
Market cap / sales0.61
52-week high$41.80
52-week low$19.07
Price, 1 year0.2%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Centuri Holdings, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
CTRIgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CTRI

Dividends$15,000.00 a share in FY2022
Filings19 in twelve months: 10 current reports (8-K), about 4 officer or director change; 4 results of operations; 3 regulation FD disclosure; 2 material agreement; 1 shareholder vote
Planned insider sales1 Form 144 notice in twelve months, $174,217; latest 8 December 2025
Options tapeput/call 0.11 by open interest at the 27 October 2026 close; the straddle prices a 14.4% move to 20 November 2026
13F holders252 funds reported a position for the quarter to 30 June 2026; largest Icahn Carl C
Insider trading1 sale and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest7.7 million shares short, 2.99 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 14 quarters

Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue653806775665528672720717550724850859723962
Cost of revenue611716687611515612644646530656772778687893
Gross profit41.990.087.653.913.360.575.871.120.367.878.080.535.869.1
Gross margin6%11%11%8%3%9%11%10%4%9%9%9%5%7%
SG&A23.530.128.028.728.620.727.230.826.429.035.036.232.737.2
Operating income11.753.253.0-195-21.933.141.933.7-12.732.236.337.1-4.724.1
Operating margin2%7%7%-29%-4%5%6%5%-2%4%4%4%-1%3%
Pre-tax income-11.329.626.9-220-46.011.218.213.3-31.114.310.021.3-17.312.3
Tax raten/a37%37%n/an/a-4%120%22%n/a43%79%-42%n/a50%
Net income-8.817.116.2-211-25.111.7-3.710.3-17.98.12.130.2-9.56.1
Net margin-1%2%2%-32%-5%2%-1%1%-3%1%0%4%-1%1%
Diluted EPSn/a$0.24$0.23n/a-$0.35$0.14-$0.04$0.12-$0.20$0.09$0.02$0.32-$0.09$0.06
Operating cash flow51.9-71.481.3106-22.2-54.217461.016.7-27.75.283.9-35.020.0
Capital expenditure23.230.525.927.030.522.712.933.224.420.823.617.620.227.9
Free cash flow28.6-10255.478.6-52.7-76.916127.8-7.7-48.5-18.466.3-55.3-7.9
Dividends paid0.00.00.00.00.00.00.00.0n/an/an/an/an/an/a
Shares outstanding89m89m89m104n/a89m89m89m89m89m89m101m101m101m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 4 fiscal years and the trailing twelve months

FY2022FY2023FY2024FY2025TTM
Revenue2,7602,8992,6372,9833,394
Cost of revenue2,5462,6262,4172,7363,130
Gross profit215273221247263
Gross margin7.8%9.4%8.4%8.3%7.8%
Selling, general and administrative109110107126141
Operating income-101-77.686.892.892.8
Operating margin-3.7%-2.7%3.3%3.1%2.7%
Pre-tax income-164-175-3.414.626.4
Income tax1.39.53.5-8.1-2.7
Effective tax raten/an/an/a-55.3%-10.4%
Net income-168-186-6.722.428.9
Net margin-6.1%-6.4%-0.3%0.8%0.9%
Diluted EPS-$2.35-$2.60-$0.08$0.25$0.31
Filing10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
U.S. Gas1,3571,2611,32844.5%
Union Electric83369480827.1%
Non-Union Electric47448559920.1%
Canadian Operations2351982478.3%
U.S. GasUnion ElectricNon-Union ElectricCanadian Operations
2,899FY20232,637FY20242,983FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Master services agreements2,3892,1212,32778.0%
Bid contracts51151665622.0%
Master services agreementsBid contracts
2,899FY20232,637FY20242,983FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2022FY2023FY2024FY2025TTM
Operating cash flow94.616715878.174.1
Capital expenditure13010799.386.389.3
Free cash flow-35.060.858.9-8.2-15.2
Free cash flow margin-1.3%2.1%2.2%-0.3%-0.4%
Cash from investing-117-94.8-89.4-88.2-94.4
Cash from financing-27.5-103-52.688.834.1
Depreciation and amortisation155145135139141
Share-based compensation1.71.92.28.110.6
Dividends paid15.00.00.0n/an/a
Diluted shares, weighted72m72m83m90m101m
Shares outstanding at period endn/a10489m101m101m
Filing10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity387226556873869
Redeemable equity15799.34.75.46.6
Debtn/a1,151874738718
Operating lease liabilitiesn/a10591.7154162
Finance lease liabilitiesn/a24.315.09.26.9
Other liabilitiesn/a584534629641
Total liabilities and equityn/a2,1902,0742,4082,403
Owned
Fixed assetsn/a545511467465
Goodwill588376368396393
Intangible assetsn/a369341343326
Cash and equivalents64.033.449.012740.5
Receivablesn/a347281315392
Other assetsn/a519523761786
Total assetsn/a2,1902,0742,4082,403
Filing10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a2.6%25.2%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-31.1%-27.0%2.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Centuri Holdings' revenue in fiscal 2025?

Centuri Holdings (CTRI) reported revenue of $3.0 billion for fiscal 2025, the year ended 28 December 2025, up 13.1% on the year before.

How much did Centuri Holdings earn in fiscal 2025?

Net income was $22 million for fiscal 2025, and diluted earnings per share $0.25.

What is Centuri Holdings' P/E ratio?

At the close of 27 October 2026, Centuri Holdings traded at 66.5 times its earnings over the twelve months to 28 June 2026.

What is Centuri Holdings' market cap?

The market cap of Centuri Holdings was $2.1 billion at the close of 27 October 2026.

Peers: Utilities

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
ONEOK Inc. OKE$60.5 billion16.5415.9%15.5%40.8%1.444.4%
Southwest Gas Holdings, Inc. SWX$6.7 billionn/an/an/an/a0.852.7%
American States Water Co. AWR$3.4 billion23.4212.8%31.8%13.2%0.812.4%
Chesapeake Utilities Corp. CPK$3.2 billion21.499.0%27.3%14.6%1.012.1%
Avista Corp. AVA$3.1 billion13.528.0%18.8%-1.8%1.165.3%
California Water Service Group CWT$3.0 billion21.547.4%18.5%3.9%0.932.7%
H2O America HTO$2.9 billion23.934.8%20.7%4.2%0.952.9%
MGE Energy Inc. MGEE$2.8 billion18.2210.4%22.0%7.1%0.652.6%
Northwest Natural Holding Co. NWN$2.1 billion16.658.1%22.8%4.4%1.683.9%
Centuri Holdings, Inc. CTRI$2.1 billion66.553.3%2.7%25.2%0.83n/a
NGL Energy Partners LP NGL$2.0 billionn/an/a4.0%5.8%n/an/a
Hawaiian Electric Industries Inc. HE$1.4 billion6.4112.9%11.5%5.1%1.2913.0%
All 76 in Utilities
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NextEra Energy Inc. NEE$172.8 billion14.8518.9%30.0%9.6%1.853.0%
Southern Co. SO$106.6 billion22.3211.0%24.2%6.4%1.783.2%
Duke Energy Corp. DUK$97.3 billion18.779.6%27.8%6.3%1.673.4%
Constellation Energy Corp. CEG$91.9 billion25.2310.8%14.7%26.0%0.770.6%
Williams Companies, Inc. WMB$90.6 billion29.5123.3%38.2%8.7%2.132.8%
National Grid plc NGG *$85.0 billion18.758.2%30.7%-3.8%1.192.6%
Enterprise Products Partners L.P. EPD$80.3 billion12.91n/a13.4%6.8%n/an/a
Kinder Morgan, Inc. KMI$75.4 billion20.9011.4%29.0%11.7%1.053.5%
American Electric Power Co. Inc. AEP$70.9 billion22.589.8%23.0%10.3%1.582.9%
TC Energy Corporation TRP *$65.5 billion26.9112.9%52.7%10.7%2.203.8%
Targa Resources Corp. TRGP$64.9 billion28.9362.0%22.9%-2.0%5.351.4%
Cheniere Energy, Inc. LNG$61.9 billion22.3247.1%29.9%17.5%3.920.6%
ONEOK Inc. OKE$60.5 billion16.5415.9%15.5%40.8%1.444.4%
Dominion Energy, Inc. D$57.5 billion22.788.8%21.1%19.0%1.624.1%
Sempra SRE$55.6 billion24.657.0%n/a1.6%1.123.1%
Entergy Corp. ETR$50.6 billion27.819.9%22.9%9.5%1.902.3%
Vistra Corp. VST$49.3 billion24.7340.5%18.5%3.8%3.570.6%
Xcel Energy Inc. XEL$48.8 billion21.419.3%19.1%4.7%1.643.0%
Exelon Corp. EXC$46.1 billion16.339.4%20.8%6.6%1.773.7%
Consolidated Edison Inc. ED$42.5 billion18.898.6%18.0%9.5%1.082.9%
Venture Global, Inc. VG$36.5 billion10.8738.9%37.6%100.7%4.880.2%
WEC Energy Group, Inc. WEC$36.3 billion21.5911.6%22.8%8.9%1.553.3%
Public Service Enterprise Group Inc. PEG$36.3 billion18.1111.6%23.1%12.7%1.423.6%
Cheniere Energy Partners, L.P. CQP$31.8 billionn/an/a33.6%15.4%n/an/a
Ameren Corp. AEE$30.1 billion19.1411.4%24.9%3.8%1.502.7%
Atmos Energy Corp. ATO$29.0 billion20.459.2%37.0%6.5%0.682.0%
Pg&E Corp. PCG$28.6 billion9.618.6%20.2%4.1%1.8814.0%
American Water Works Company, Inc. AWK$28.0 billion24.459.7%36.9%6.9%1.372.3%
Centerpoint Energy Inc. CNP$27.8 billion23.989.8%24.4%7.8%2.122.1%
DTE Energy Co. DTE$27.6 billion20.9610.8%13.3%15.9%2.273.3%
Firstenergy Corp. FE$26.8 billion24.628.4%14.6%12.6%2.243.9%
PPL Corp. PPL$26.5 billion20.828.4%24.1%6.7%1.353.2%
Eversource Energy ES$25.5 billion17.568.9%21.5%7.8%1.784.5%
Edison International EIX$22.4 billion6.0021.4%32.7%10.7%2.425.9%
CMS Energy Corp. CMS$21.6 billion24.659.0%13.8%8.2%2.063.3%
Nisource Inc. NI$20.9 billion23.199.5%27.0%12.3%1.822.7%
NRG Energy, Inc. NRG$20.0 billion24.7517.5%6.1%12.8%4.821.9%
Evergy, Inc. EVRG$19.7 billion21.709.1%26.2%3.6%1.613.2%
Western Midstream Partners, LP WES$18.7 billion14.23n/a40.2%18.0%n/an/a
Alliant Energy Corp. LNT$18.2 billion22.1610.9%22.1%6.8%1.613.0%
Talen Energy Corp. TLN$16.6 billionn/a-11.4%2.6%60.8%5.92n/a
DT Midstream, Inc. DTM$13.1 billion28.199.8%49.6%18.1%0.702.6%
Pinnacle West Capital Corp. PNW$12.9 billion20.369.1%20.5%5.7%1.623.4%
Essential Utilities, Inc. WTRG$12.1 billion21.757.9%35.1%9.9%1.214.4%
OGE Energy Corp. OGE$10.1 billion21.459.4%24.2%0.6%1.173.5%
Antero Midstream Corp. AM$10.0 billion25.1320.5%52.8%6.9%1.834.3%
UGI Corp. UGI$8.4 billion13.1312.9%16.2%-0.5%1.353.8%
Idacorp Inc. IDA$8.1 billion23.319.0%22.8%-0.4%1.012.5%
National Fuel Gas Co. NFG$7.8 billion11.3317.2%40.3%15.1%0.912.6%
Southwest Gas Holdings, Inc. SWX$6.7 billionn/an/an/an/a0.852.7%
Clearway Energy, Inc. CWEN$6.7 billion42.511.7%13.4%9.9%1.660.9%
Txnm Energy Inc. TXNM$6.5 billion32.685.5%22.2%10.0%1.662.9%
Black Hills Corp. BKH$6.2 billion20.667.6%23.9%2.5%1.143.4%
Ormat Technologies, Inc. ORA$5.7 billion45.354.9%16.6%31.1%0.600.5%
Archrock, Inc. AROC$5.6 billion17.0321.2%n/a11.5%1.512.7%
New Jersey Resources Corp. NJR$5.4 billion14.6813.9%24.8%6.4%1.403.6%
Portland General Electric Co. POR$5.2 billion19.686.2%14.1%1.3%1.204.8%
Spire Inc. SR$5.1 billion9.5915.3%19.7%4.1%2.033.8%
One Gas, Inc. OGS$4.9 billion16.898.1%20.6%-0.8%0.963.4%
NorthWestern Energy Group, Inc. NWE$4.9 billion28.845.9%18.8%10.7%1.243.3%
Kodiak Gas Services, Inc. KGS$4.8 billion56.473.7%27.4%8.2%1.264.0%
Kinetik Holdings Inc. KNTK$4.2 billion20.20n/a10.5%14.1%n/a2.7%
MDU Resources Group Inc. MDU$4.1 billion20.636.7%17.0%-1.1%0.882.9%
Otter Tail Corp. OTTR$3.8 billion19.4810.4%17.2%-0.2%0.672.4%
American States Water Co. AWR$3.4 billion23.4212.8%31.8%13.2%0.812.4%
Chesapeake Utilities Corp. CPK$3.2 billion21.499.0%27.3%14.6%1.012.1%
Avista Corp. AVA$3.1 billion13.528.0%18.8%-1.8%1.165.3%
California Water Service Group CWT$3.0 billion21.547.4%18.5%3.9%0.932.7%
H2O America HTO$2.9 billion23.934.8%20.7%4.2%0.952.9%
MGE Energy Inc. MGEE$2.8 billion18.2210.4%22.0%7.1%0.652.6%
Northwest Natural Holding Co. NWN$2.1 billion16.658.1%22.8%4.4%1.683.9%
Centuri Holdings, Inc. CTRI$2.1 billion66.553.3%2.7%25.2%0.83n/a
NGL Energy Partners LP NGL$2.0 billionn/an/a4.0%5.8%n/an/a
Hawaiian Electric Industries Inc. HE$1.4 billion6.4112.9%11.5%5.1%1.2913.0%
Middlesex Water Co. MSEX$1.1 billion21.719.2%29.2%5.3%0.842.5%
Unitil Corp. UTL$1.0 billion17.528.8%18.9%20.8%1.493.4%
3 companies share its SEC industry code (Natural Gas Transmisison & Distribution); the rest are the names nearest in size in its wider industry, Utilities, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q28 June 20264 August 2026EDGAR
10-Q29 March 20266 May 2026EDGAR
10-K28 December 202526 February 2026EDGAR
10-Q28 September 20255 November 2025EDGAR
10-Q29 June 20256 August 2025EDGAR
10-Q30 March 202512 May 2025EDGAR
10-K29 December 202426 February 2025EDGAR
10-Q29 September 20246 November 2024EDGAR
10-Q30 June 20246 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR