Centuri Holdings, Inc.

CTRI Utilities Utilities Regulated Gas

Centuri Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 32.9%, EPS fell 33.3%, free cash flow grew 85.4% and total debt fell 22.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

19.73 0.03 −0.15%
Market cap
$2.0B
P/E
63.6×
Fwd P/E
67.3×
Dividend yield
—
F-score
7/9
Altman Z
2.37
Beneish M
−2.46
Dividend safety
n/a

Insider Decisions trades per month

Total buys 75.10
Total sells 0.17
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — — — — — — — — 1 —
Sell — 1 — — — — — — — — — —
Insider Ownership 14.81%

Capital & Financial Ratios $m

Market Cap 2,000.00
Revenue 3,393.81
Net Income 29.16
Free Cash Flow 28.85
Net Debt 684.16
Current Ratio 1.82 (at or above 1.5: strong)
Debt/Equity 0.83
P/E ratio 63.65 (above 35: high)
Fwd P/E 67.30 (above 35: high)
P/S ratio 0.59
P/B ratio 2.29
Past 5Y EPS Growth —
This Y EPS Growth 59.15% (at or above 15%: strong)
Next Y EPS Growth 43.69% (at or above 15%: strong)
Next Y revenue growth 23.34% (at or above 10%: strong)
Next 5Y EPS Growth 41.75% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 33 49 127 40
Receivables 347 281 315 392
Inventory — — — —
Other 270 238 395 380
683 601 881 890
2023 2024 2025 Q'26
Payables 117 126 194 162
ST’ Debt 43 30 30 23
Other 44 25 51 67
421 382 496 490

Compound Annual Growth %

10y 5y 3y
Sales — — 2.62%
Cash Flow — — (6.19%)
Earnings — — 0.00%
Book Value — — 31.18%

Revenue $m

Mar Jun Sep Dec Year
’26 723 962 — — —
’25 550 724 850 859 2,983
’24 528 672 720 717 2,637
’23 653 806 775 665 2,899
’22 — — — — 2,760
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (35) 20 — — —
’25 17 (28) 5 84 78
’24 (26) (57) 180 61 158
’23 52 (71) 81 106 167
’22 — — — 95 95
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (54) (7) — — —
’25 (7) (47) (16) 106 36
’24 (51) (74) 163 31 69
’23 31 (100) 59 83 73
’22 — — — (22) (22)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.09) 0.06 — — —
’25 (0.20) 0.09 0.02 0.32 0.25
’24 (0.35) 0.14 (0.04) 0.12 (0.08)
’23 (0.08) 0.26 0.24 (2.99) (2.57)
’22 — — — — (2.30)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 14.47 14.46

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 28.65 27.50
People
People Employees — — — — — — — 12,572 8,600 9,687
Revenue/emp, $m — — — — — 0.00 0.00 0.23 0.31 0.31
Income, $m
Income, $m Revenue — — — — — 2,159 2,760 2,899 2,637 2,983
Gross margin, % — — — — — 9.62 7.77 9.43 8.37 8.27
EBT — — — — — 66 (164) (175) (3) 15
EBT margin, % — — — — — 3.04 (5.93) (6.04) (0.13) 0.49
Net income — — — — — 47 (165) (185) (7) 23
Depreciation — — — — — 132 352 381 161 165
Per share, $
Per share, $ Revenue — — — — — 24.91 38.52 40.46 31.66 33.14
Earnings — — — — — 0.54 (2.30) (2.57) (0.08) 0.25
Cash flow — — — — — 1.26 1.32 2.34 1.90 0.87
Capex — — — — — (1.09) (1.63) (1.32) (1.07) (0.47)
Free cash flow — — — — — 0.17 (0.31) 1.01 0.83 0.40
Book value — — — — — 0.00 5.40 3.15 6.67 9.70
Shares, m — — — — — 87 72 72 83 90
Valuation, ×
Valuation, × P/E — — — — — 0.00 0.00 0.00 0.00 109.78
P/S — — — — — 0.60 0.60 0.60 0.61 0.76
P/B — — — — — 8.38 8.38 8.38 2.89 2.60
EV/Sales — — — — — 1.03 1.03 1.03 0.93 0.97
EV/FCF — — — — — (291.43) (291.43) (291.43) 35.55 80.92
Cash, $m
Cash, $m Operating cash flow — — — — — 109 95 167 158 78
Capex — — — — — (94) (117) (95) (89) (42)
Free cash flow — — — — — 15 (22) 73 69 36
Balance, $m
Balance, $m Working capital — — — — — — 308 262 219 385
Total debt — — — — — — 1,231 1,175 889 747
Net debt — — — — — — 1,167 1,142 840 620
Shareholders’ equity — — — — — — 387 226 556 873
Returns, %
Returns, % ROA — — — — — 0.00 (13.70) (8.02) (0.32) 1.00
ROIC — — — — — 0.00 (4.08) (3.54) 3.89 3.89
ROE — — — — — 0.00 0.00 (60.77) (1.72) 3.14
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Centuri Holdings, Inc. vs peers in Utilities Regulated Gas (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BKH Black Hills Corporation $5.8B 19.3× 16.7× +3.14% (above 0%: growing) +31.58% (above 0%: growing) +24.09% (above 0%: growing) 74.93% 21.42% Compare
NJR NewJersey Resources Corporation $5.2B 14.3× 15.9× +16.80% (above 0%: growing) n/m −3.14% (below 0%: shrinking) 57.69% 9.13% Compare
SR Spire Inc. $4.8B 9.1× 20.4× +19.21% (above 0%: growing) +1,131.03% (above 0%: growing) +0.22% (above 0%: growing) 75.92% 5.57% Compare
OGS ONE Gas, Inc. $4.7B 16.2× 16.5× −2.86% (below 0%: shrinking) +39.62% (above 0%: growing) +511.45% (above 0%: growing) 78.07% 20.08% Compare
MDU MDU Resources Group, Inc. $3.9B 20.0× 21.8× +6.87% (above 0%: growing) +42.86% (above 0%: growing) −58.85% (below 0%: shrinking) 64.77% 12.78% Compare
CPK Chesapeake Utilities Corporation $3.2B 21.0× 19.2× +4.72% (above 0%: growing) +2.91% (above 0%: growing) +38.63% (above 0%: growing) 74.39% 26.20% Compare
NWN Northwest Natural Gas Company $2.0B 16.3× 16.5× +3.12% (above 0%: growing) n/m +36.83% (above 0%: growing) 74.64% 13.61% Compare
CTRI Centuri Holdings, Inc. $2.0B 63.6× 67.3× +32.86% (above 0%: growing) −33.33% (below 0%: shrinking) +85.38% (above 0%: growing) 7.19% 2.51%
SPH Suburban Propane Partners, L.P. $1.2B 8.9× 9.8× +0.47% (above 0%: growing) n/m −38.67% (below 0%: shrinking) 61.34% 0.85% Compare
Median of peers $4.3B 16.3× 16.6× +3.93% +39.62% +12.16% 74.52% 13.20%

All 15 Utilities Regulated Gas stocks →

Centuri Holdings, Inc. (CTRI) key facts

  • Strength: Centuri Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 13.1% from fiscal 2024.
  • Centuri Holdings, Inc. (CTRI) is an Utilities Regulated Gas company in the Utilities sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CTRI traded at $19.73, a market capitalization of $2.0 billion.
  • Return on equity was 3.14% and debt-to-equity 0.83.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.37 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Centuri Holdings, Inc. (CTRI) Latest News

9 May

27 Feb

stockrow.com/CTRI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com