CTRI · Centuri Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $723.17M | - | $850.04M | $724.05M | $550.08M | - | $720.05M | $805.78M | $653.29M | - |
| Cost of Revenue | $687.42M | - | $772.08M | $656.25M | $529.75M | - | $644.26M | $611.57M | $611.34M | - |
| Gross Profit | $35.76M | - | $77.96M | $67.80M | $20.33M | - | $75.79M | $89.97M | $41.95M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $32.70M | - | $34.96M | $28.96M | $26.38M | - | $27.21M | $20.70M | $23.54M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $27.36M | - | - | - | $27.56M | - | - | - | $31.20M | - |
| Operating Income | ($4.74M) | - | $36.31M | $32.16M | ($12.71M) | - | $41.92M | $33.15M | $11.74M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($7.77M) | - | $7.92M | $6.19M | ($13.13M) | - | $10.01M | ($474.0K) | ($4.21M) | - |
| Net Income | ($9.53M) | - | $2.10M | $8.05M | ($17.94M) | - | $16.18M | ($8.84M) | ($8.84M) | - |
| EPS - Basic | ($0.09) | - | $0.02 | $0.09 | ($0.20) | - | $0.23 | $0.14 | ($85433.00) | - |
| EPS - Diluted | ($0.09) | - | $0.02 | $0.09 | ($0.20) | - | $0.23 | $0.24 | ($85433.00) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $60.34M | $126.63M | $16.13M | $28.33M | $15.26M | $49.02M | $52.46M | $30.92M | $33.41M | $114.71M |
| Accounts Receivable | $353.05M | $314.67M | $281.08M | $256.14M | $207.12M | $281.44M | $253.02M | $338.24M | $347.45M | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $141.57M | $193.57M | $146.62M | $128.15M | $115.98M | $125.73M | $121.30M | $116.59M | $114.61M | - |
| Current Assets | $805.55M | $881.38M | $740.50M | $651.88M | $536.08M | $601.38M | $634.60M | $723.69M | $682.93M | - |
| Total Assets | $2.32B | $2.41B | $2.18B | $2.11B | $1.99B | $2.07B | $2.11B | $2.22B | $2.12B | - |
| Current Liabilities | $428.65M | $496.39M | $442.18M | $379.52M | $340.48M | $382.33M | $386.23M | $353.53M | $440.20M | - |
| Long-term Debt | $698.84M | $708.07M | $893.40M | $890.63M | $822.54M | $843.86M | $878.52M | $1.01B | $1.15B | - |
| Total Liabilities | $1.45B | $1.53B | $1.59B | $1.54B | $1.45B | $1.51B | $1.58B | $1.69B | $1.86B | - |
| Stockholders' Equity | $862.11M | $872.97M | $585.17M | $567.13M | $536.55M | $555.55M | $393.44M | $363.54M | $197.77M | $479.61M |
| Retained Earnings | ($137.94M) | ($128.41M) | ($158.58M) | ($160.66M) | ($168.68M) | ($150.72M) | ($160.97M) | ($157.27M) | ($144.11M) | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($35.04M) | - | - | - | $16.68M | - | - | - | $51.88M | - |
| Investing Cash Flow | ($20.61M) | - | - | - | ($23.21M) | - | - | - | ($20.57M) | - |
| Financing Cash Flow | ($10.50M) | - | - | - | ($27.24M) | - | - | - | ($79.36M) | - |
| CapEx | $20.23M | - | - | - | $24.36M | - | - | - | $23.24M | - |
| Free Cash Flow | ($55.27M) | - | - | - | ($7.69M) | - | - | - | $28.64M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 4.9% | - | 9.2% | 9.4% | 3.7% | - | 10.5% | 11.2% | 6.4% | - |
| Operating margin | -0.7% | - | 4.3% | 4.4% | -2.3% | - | 5.8% | 4.1% | 1.8% | - |
| EBITDA margin | 3.1% | - | - | - | 2.7% | - | - | - | 6.6% | - |
| Net margin | -1.3% | - | 0.2% | 1.1% | -3.3% | - | 2.2% | -1.1% | -1.4% | - |
| Free cash flow margin | -7.6% | - | - | - | -1.4% | - | - | - | 4.4% | - |
| FCF / Net income | 5.80 | - | - | - | 0.43 | - | - | - | -3.24 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.5% | - | 4.1% | 4.0% | 4.8% | - | 3.8% | 2.6% | 3.6% | - |
| Effective tax rate | - | - | 79.0% | 43.4% | - | - | 38.2% | - | - | - |
| Return on assets | -0.4% | - | 0.1% | 0.4% | -0.9% | - | 0.8% | -0.4% | -0.4% | - |
| Return on equity | -1.1% | - | 0.4% | 1.4% | -3.3% | - | 4.1% | -2.4% | -4.5% | - |
| Return on invested capital | -0.2% | - | 1.2% | 1.2% | -0.7% | - | 2.0% | 1.9% | 0.7% | - |
| Liquidity | ||||||||||
| Current ratio | 1.88 | 1.78 | 1.67 | 1.72 | 1.57 | 1.57 | 1.64 | 2.05 | 1.55 | - |
| Quick ratio | 1.88 | 1.78 | 1.67 | 1.72 | 1.57 | 1.57 | 1.64 | 2.05 | 1.55 | - |
| Cash ratio | 0.14 | 0.26 | 0.04 | 0.07 | 0.04 | 0.13 | 0.14 | 0.09 | 0.08 | - |
| Leverage | ||||||||||
| Debt / Equity | 0.81 | 0.81 | 1.53 | 1.57 | 1.53 | 1.52 | 2.23 | 2.78 | 5.80 | - |
| Debt / Assets | 0.30 | 0.29 | 0.41 | 0.42 | 0.41 | 0.41 | 0.42 | 0.45 | 0.54 | - |
| Debt / EBITDA | 30.90 | - | - | - | 55.41 | - | - | - | 26.70 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.69 | 2.76 | 3.72 | 3.72 | 3.71 | 3.73 | 5.37 | 6.11 | 10.72 | - |
| Liabilities / Assets | 0.63 | 0.64 | 0.73 | 0.73 | 0.73 | 0.73 | 0.75 | 0.76 | 0.88 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.31 | - | 0.39 | 0.34 | 0.28 | - | 0.34 | 0.36 | 0.31 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 178d | - | 121d | 129d | 137d | - | 128d | 153d | 194d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 75d | - | 69d | 71d | 80d | - | 69d | 70d | 68d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 1055.0x | 246.0x | - | - | 66.8x | 81.2x | - | - |
| P / B | 3.4x | - | 3.2x | 3.5x | 2.7x | - | 3.5x | 3.8x | - | - |
| P / S | 4.1x | - | 2.2x | 2.7x | 2.7x | - | 1.9x | 1.7x | - | - |
| EV / EBITDA | 159.2x | - | - | - | 153.1x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 31.5% | - | 18.1% | -10.1% | -15.8% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 75.9% | - | 2.9% | -24.6% | -51.5% | - | - | - | - | - |
| Operating income growth (YoY) | 62.7% | - | -13.4% | -3.0% | - | - | - | - | - | - |
| Net income growth (YoY) | 46.9% | - | -87.0% | - | -102.8% | - | - | - | - | - |
| EPS growth (YoY) | 55.0% | - | -91.3% | -62.5% | 100.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -619.1% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 60.7% | 57.1% | 48.7% | 56.0% | 171.3% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$2.98B totalU.S.Gas Segment$1.33B · 44.5%
Union Electric Segment$808.34M · 27.1%
Non Union Electric Segment$599.39M · 20.1%
Canadian Operations Segment$246.91M · 8.3%
Product / service
$2.98B totalMaster Services Agreement$2.33B · 78.0%
Bid Contract$655.84M · 22.0%
Geographic
$246.90M totalCA$246.90M · 100.0%
Peer comparison
Same SIC group: Natural Gas Transmisison & Distribution
Comparing Centuri Holdings against the 5 most active filers in the same SIC group.