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Centuri Holdings CTRI Canadian Operations — Depreciation

Other segment segments

Non-Union Electric
$7.92M+8.2%
Union Electric
$7.38M+1.4%

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SCICANADA — D&A
$3.13M+4.8%

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$3.05B+137%
Enterprise value$3.83B+84.5%
P/E99.1×
P/S+0.5×

Profitability

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Gross margin8.3%-0.3pp
Operating margin3.2%-0.4pp
Net margin1%
FCF margin-1.6%-5.9pp

Returns & leverage

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

Where this comes from

Reported directly by Centuri Holdings in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Centuri Holdings’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Centuri Holdings's canadian operations — depreciation?
Centuri Holdings (CTRI) reported canadian operations — depreciation of $1.69M in Q1 2026.
How has Centuri Holdings's canadian operations — depreciation changed year-over-year?
Centuri Holdings's canadian operations — depreciation increased by 18.2% year-over-year, from $1.43M to $1.69M.
What does canadian operations — depreciation mean?
Represents the systematic allocation of the cost of tangible assets used in Canadian operations over their useful lives. This non-cash expense reflects the wear and tear of equipment and infrastructure utilized to support utility service contracts. It is a critical factor in reconciling cash flow and understanding the capital intensity of the segment.