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Centuri Holdings CTRI Canadian Operations — Gross Profit

Other segment segments

Union Electric
$18.23M+54.4%
Non-Union Electric
$14.76M-9.4%

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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$2.26B+19.2%
Enterprise value$3.03B+10.6%
P/E73.3×
P/S0.7×0.0×

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:GrossProfit.

The source filing: Centuri Holdings’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001981599-26-000056
Line itemFiscal Three Months Ended / March 29, 2026Fiscal Three Months Ended / March 30, 2025
Non-Union Electric174,578137,135
Consolidated revenue$723,174$550,081
Gross profit (loss):
U.S. Gas$(6,335)$(14,856)
Canadian Operations9,1007,079
Union Electric18,23411,813
Non-Union Electric14,75916,292
Consolidated gross profit$35,758$20,328

Item 1. Financial Statements

FAQ

What is Centuri Holdings's canadian operations — gross profit?
Centuri Holdings (CTRI) reported canadian operations — gross profit of $9.1M in Q1 2026.
How has Centuri Holdings's canadian operations — gross profit changed year-over-year?
Centuri Holdings's canadian operations — gross profit increased by 28.5% year-over-year, from $7.08M to $9.1M.
What does canadian operations — gross profit mean?
Calculated as total segment revenue minus the direct costs associated with providing utility infrastructure services in Canada. This metric measures the operational efficiency of the segment's service delivery and project execution. It highlights the profitability of the Canadian business before accounting for corporate overhead and administrative expenses.

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