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Centuri Holdings CTRI Non-Union Electric — Gross Profit

Other segment segments

Union Electric
$18.23M+54.4%
Canadian Operations
$7.83M

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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 non-union electric — gross profit?
Centuri Holdings (CTRI) reported non-union electric — gross profit of $14.76M in Q1 2026.
How has Centuri Holdings's non-union electric — gross profit changed year-over-year?
Centuri Holdings's non-union electric — gross profit decreased by 9.4% year-over-year, from $16.29M to $14.76M.
What is the long-term trend for Centuri Holdings's non-union electric — gross profit?
Over 3 years (2022 to 2025), Centuri Holdings's non-union electric — gross profit has grown at a 5.8% compound annual growth rate (CAGR), from $49.44M to $58.51M.
What does non-union electric — gross profit mean?
Calculated as total segment revenue minus the direct costs associated with providing electric infrastructure services. It serves as a primary indicator of the operational efficiency and pricing power within the non-union electric business unit.

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