Centuri Holdings (CTRI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Centuri Holdings

NYSE•Utilities•Utilities - Regulated Gas

$19.35+0.22(0.01%)Market closed

Market Cap

$1.95B

P/E

67.7x

P/S

0.6x

P/B

2.2x

Centuri Holdings, Inc. operates as a utility infrastructure services company in North America. It operates through four segments: U.S. Gas Utility Services; Canadian Operations; Union Electric Utility Services; and Non-Union Electric Utility Services. The company offers gas utility services, including maintenance, replacement, repair, and installation for local natural gas distribution utilities focused on the modernization of customers' infrastructure. It also provides electric utility services encompassing maintenance, replacement, repair, upgrade, and expansion services for urban transmission and local distribution infrastructure, as well as corporate and non-allocated transactions. The company customers include electric, gas, and combination utility providers, as well as serves end markets, such as distributed power projects, and data centers. The company was founded in 1909 and is headquartered in Phoenix, Arizona. Centuri Holdings, Inc. is a subsidiary of Southwest Gas Holdings, Inc.

How this company scores

AverageMetricSide Score: 49/100

Strongest: Growth (22/25); weakest: Cash & Earnings Quality (3/25).

Profitability8/25

Growth22/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality3/25

Strengths

Growing revenueRising earningsImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 67.7x5y range 67.7x – 3692.3x

Currently below its 5-quarter median.

P/S · 0.6x5y range 0.6x – 0.9x

Currently near its 7-quarter median.

P/B · 2.2x5y range 0.0x – 3.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 17.4% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.95B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.39B
Q. Revenue: $961.99M
TTM EBITDA: $203.94M
TTM Op. Income: $92.78M
Q. Op. Income: $24.15M
TTM Net Income: $28.85M
Q. Net Income: $6.10M
EPS: $0.06
Shares Out.: $100.94M

$3.39B in TTM revenue grew 25.2% YoY, reaching $961.99M last quarter. TTM EBITDA of $203.94M and TTM operating income of $92.78M show growth is flowing through to the bottom line. TTM net income of $28.85M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 7.2%
EBITDA Margin: 5.4%
Op. Margin: 2.5%
Net Margin: 0.6%

Op. margin of 2.5% is down 1.9% YoY — costs are rising relative to revenue. Net margin at 0.6% and gross margin of 7.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 43% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 67.7x
P/S Ratio: 0.6x
P/B Ratio: 2.2x

At 67.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.6x and P/B of 2.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 5 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.40B
Cash: $40.46M
Long-Term Debt: $694.83M
Book Value: $868.95M
D/E Ratio: 0.8
Debt/EBITDA: 13.5

With $2.40B in assets and $694.83M in long-term debt, D/E is 0.8and book value is $868.95M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 4 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $20.03M
TTM Free Cash Flow: $-15.22M
FCF Margin: -0.4%
FCF / Net Income: -0.5

TTM FCF of $-15.22M on $20.03M in operating cash flow. The FCF / Net Income ratio of -0.5x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 112% — an improving trend.