(CTRI) Centuri Holdings - Overview
Sector: Utilities | Industry: Utilities - Regulated Gas | Exchange: NYSE (USA) | Market Cap: 3.056m USD | Total Return: 52.4% in 12m
Avg Turnover: 49.3M
Qual. Beats: 0
Rev. Trend: -4.6%
Qual. Beats: 1
Warnings
P/E ratio 84.1
Below Avwap Earnings
Tailwinds
No distinct edge detected
Centuri Holdings, Inc. (NYSE: CTRI) is a North American utility infrastructure services provider specializing in the maintenance, repair, and modernization of natural gas and electric distribution systems. The company operates through four distinct segments categorized by geography and labor structure, serving a client base of major utility providers and critical infrastructure end markets like data centers.
The business model relies heavily on long-term master service agreements, which provide recurring revenue streams linked to mandatory regulatory safety requirements and infrastructure aging. As a Construction & Engineering firm, Centuri benefits from the ongoing energy transition, which requires significant capital expenditure to upgrade urban transmission grids and local gas distribution networks.
Investors can find deeper insights into CTRI’s valuation and competitive positioning by exploring the data on ValueRay.
Headquartered in Phoenix, Arizona, Centuri operates as a subsidiary of Southwest Gas Holdings, Inc. Its service offerings extend beyond traditional utility maintenance to include distributed power projects, positioning the firm to capture growth from increasing industrial electrification demands.
- Aging natural gas infrastructure replacement mandates drive long-term maintenance revenue
- Rising data center power demand increases electric utility infrastructure expansion projects
- Higher interest rates impact borrowing costs for capital-intensive utility service contracts
- Transition to renewable energy sources necessitates significant electrical grid modernization investments
- Regulatory shifts in North American utility safety standards dictate project volume pipelines
| Net Income: 30.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -7.62 > 1.0 |
| NWC/Revenue: 12.42% < 20% (prev 7.36%; Δ 5.06% < -1%) |
| CFO/TA 0.01 > 3% & CFO 26.4m > Net Income 30.8m |
| Net Debt (909.0m) to EBITDA (273.7m): 3.32 < 3 |
| Current Ratio: 1.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (100.8m) vs 12m ago 13.86% < -2% |
| Gross Margin: 8.63% > 18% (prev 0.09%; Δ 854.7% > 0.5%) |
| Asset Turnover: 140.7% > 50% (prev 133.5%; Δ 7.24% > 0%) |
| Interest Coverage Ratio: 1.49 > 6 (EBITDA TTM 273.7m / Interest Expense TTM 73.0m) |
| A: 0.16 (Total Current Assets 805.6m - Total Current Liabilities 428.6m) / Total Assets 2.32b |
| B: -0.06 (Retained Earnings -137.9m / Total Assets 2.32b) |
| C: 0.05 (EBIT TTM 108.6m / Avg Total Assets 2.16b) |
| D: -0.10 (Book Value of Equity -146.7m / Total Liabilities 1.45b) |
| Altman-Z'' = 1.10 = BB |
| DSRI: 0.64 (Receivables 353.1m/479.7m, Revenue 3.04b/2.66b) |
| GMI: 0.99 (GM 8.63% / 8.56%) |
| AQI: 0.90 (AQ_t 0.37 / AQ_t-1 0.41) |
| SGI: 1.14 (Revenue 3.04b / 2.66b) |
| TATA: 0.00 (NI 30.8m - CFO 26.4m) / TA 2.32b) |
| Beneish M = -3.28 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 30.18 with a total of 1,066,839 shares traded.
Over the past week, the price has changed by -3.48%,
over one month by -13.07%,
over three months by -2.45% and
over the past year by +52.37%.
Centuri Holdings has received a consensus analysts rating of 3.57. Therefore, it is recommended to hold CTRI.
- StrongBuy: 3
- Buy: 0
- Hold: 2
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 37.1 | 22.9% |
P/E Forward = 34.6021
P/S = 0.9653
P/B = 3.5335
P/EG = 1.0072
Revenue TTM = 3.04b USD
EBIT TTM = 108.6m USD
EBITDA TTM = 273.7m USD
Long Term Debt = 698.8m USD (from longTermDebt, last quarter)
Short Term Debt = 69.5m USD (from shortTermDebt, last quarter)
Debt = 969.3m USD (corrected: LT Debt 698.8m + ST Debt 69.5m) + Leases 201.0m
Net Debt = 909.0m USD (calculated: Debt 969.3m - CCE 60.3m)
Enterprise Value = 3.97b USD (3.06b + Debt 969.3m - CCE 60.3m)
Interest Coverage Ratio = 1.49 (Ebit TTM 108.6m / Interest Expense TTM 73.0m)
EV/FCF = -71.07x (Enterprise Value 3.97b / FCF TTM -55.8m)
FCF Yield = -1.41% (FCF TTM -55.8m / Enterprise Value 3.97b)
FCF Margin = -1.84% (FCF TTM -55.8m / Revenue TTM 3.04b)
Net Margin = 1.01% (Net Income TTM 30.8m / Revenue TTM 3.04b)
Gross Margin = 8.63% ((Revenue TTM 3.04b - Cost of Revenue TTM 2.77b) / Revenue TTM)
Gross Margin QoQ = 5.11% (prev 12.33%)
Tobins Q-Ratio = 1.71 (Enterprise Value 3.97b / Total Assets 2.32b)
Interest Expense / Debt = 7.53% (Interest Expense 73.0m / Debt 969.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = 85.8m (EBIT 108.6m * (1 - 21.00%))
Current Ratio = 1.88 (Total Current Assets 805.6m / Total Current Liabilities 428.6m)
Debt / Equity = 1.12 (Debt 969.3m / totalStockholderEquity, last quarter 862.1m)
Debt / EBITDA = 3.32 (Net Debt 909.0m / EBITDA 273.7m)
Debt / FCF = -16.29 (negative FCF - burning cash) (Net Debt 909.0m / FCF TTM -55.8m)
Total Stockholder Equity = 721.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.43% (Net Income 30.8m / Total Assets 2.32b)
RoE = 3.58% (Net Income TTM 30.8m / Total Stockholder Equity 859.8m)
RoCE = 6.97% (EBIT 108.6m / Capital Employed (Equity 859.8m + L.T.Debt 698.8m))
RoIC = 4.42% (NOPAT 85.8m / Invested Capital 1.94b)
WACC = 9.04% (E(3.06b)/V(4.03b) * Re(10.02%) + D(969.3m)/V(4.03b) * Rd(7.53%) * (1-Tc(0.21)))
Discount Rate = 10.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.14 | Cagr: 5.94%
[DCF] Fair Price = unknown (Cash Flow -55.8m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.49 | # QB: 0
Revenue Correlation: -4.56 | Revenue CAGR: -0.24% | SUE: 2.57 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.20 | Chg30d=-6.58% | Revisions=+0% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=-5.73% | Revisions=-11% | Analysts=6
EPS current Year (2026-12-31): EPS=0.72 | Chg30d=+2.76% | Revisions=+9% | GrowthEPS=+139.3% | GrowthRev=+16.7%
EPS next Year (2027-12-31): EPS=1.01 | Chg30d=+2.58% | Revisions=+9% | GrowthEPS=+40.4% | GrowthRev=+9.7%
[Analyst] Revisions Ratio: -11%