Skip to content
Centuri Holdings logo

Centuri Holdings

CTRI

Centuri Holdings is a leading North American utility and energy infrastructure services company that serves as a strategic extension for regulated gas and electric utility providers.

Market cap
$2.76B+45.6%
Revenue$3.2B+18.7%
Net income$30.8M+188%
Free cash flow-$129.8M-320%
EPS (diluted)$0.36+180%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$836.0M
EPS estimate$0.20

Financials

Q1 2026

Income statement

See full
Revenue$723.2M+31.5%
Gross profit$35.8M+75.9%
Operating income-$4.7M+62.7%
Net income-$9.5M+46.9%
EPS (diluted)-$0.09+55.0%

Balance sheet

See full
Cash & equivalents$61.7M+305%
Total debt$839.9M-5.6%
Total equity$862.1M+60.7%
Total assets$2.3B+16.5%

Cash flow

See full
Operating cash flow-$35.0M-310%
CapEx$20.2M-16.9%
Free cash flow-$55.3M-619%

Valuation & ratios

Valuation

See full
Market cap$2.76B+45.6%
Enterprise value$3.54B+26.2%
P/E89.5×
P/S0.9×+0.1×

Profitability

See full
Gross margin8.3%-0.3pp
Operating margin3.2%-0.4pp
Net margin1%

Returns & leverage

See full
Return on equity4.4%
Debt / equity-0.7×
Current ratio1.9×+0.3×

Segments

By segment

See full
Union Electric$204.1M+16.3%
Non-Union Electric$174.6M+27.3%

By product

See full
Master services agreements$534.1M+27.4%
Bid contracts$189.1M+44.5%

By geography

See full
CANADA$60.0M+50.8%

Competitors

Profile

Centuri Holdings is a leading North American utility and energy infrastructure services company that serves as a strategic extension for regulated gas and electric utility providers. The company specializes in the modernization, maintenance, and expansion of energy networks, focusing on distribution and urban transmission infrastructure rather than large-scale cross-country projects. Its core value proposition lies in its long-term partnerships and its ability to enhance the safety, reliability, and environmental sustainability of essential energy delivery systems.

Competitive position

A leading North American provider distinguished by its maintenance-oriented, distribution-focused model with minimal exposure to high-risk cross-country pipeline projects.

GeographiesUnited States, Canada
Customer segmentsRegulated utilities, Investment-grade utility providers, Data center operators, Renewable energy providers
Business modelMaster Service Agreements (MSA), Unit-priced contracting, Time and materials (T&M), B2B Service
SuppliersUnion and non-union field labor, Specialized construction equipment, Raw materials (piping, electrical components), Subcontractors
CustomersRegulated electric utilities, Natural gas distribution companies, Data centers, Renewable energy projects
Listed2024
Employees12.6K
CEOChristian Ian Brown
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is Centuri Holdings's market cap?
Centuri Holdings (CTRI) has a market capitalization of $2.8B and trades on NYSE.
What is Centuri Holdings's revenue and profitability?
Centuri Holdings generated $3.2B in trailing twelve-month revenue with net income of $30.8M, representing a net margin of 1.0%. Gross margin stands at 8.3%, with free cash flow of -$129.8M. These figures are based on the Q2 2026 filing.
Who are Centuri Holdings's competitors?
Centuri Holdings's key competitors include Quanta Services, CMS Energy Corporation, Duke Energy Corporation, and others. These companies compete in similar markets and product categories.
Who does Centuri Holdings partner with?
Centuri Holdings's notable partners include American Electric Power, Enbridge, Entergy, and others.
What subsidiaries does Centuri Holdings have?
Centuri Holdings's subsidiaries include Connect Atlantic Utility Services Corporation.
Where is Centuri Holdings headquartered?
Centuri Holdings is headquartered in United States of America and employs approximately 12,572 people. It has been publicly traded since 2024.