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Centuri (CTRI) Financials

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$31.15 -1.31 (-4.04%)
As of 01:56 PM Eastern
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Annual Income Statements for Centuri

Annual Income Statements for Centuri

This table shows Centuri's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 1/1/2023 12/31/2023 12/29/2024 12/28/2025
Net Income / (Loss) Attributable to Common Shareholders
-168 -186 -6.72 22
Consolidated Net Income / (Loss)
-165 -185 -6.82 23
Net Income / (Loss) Continuing Operations
-165 -185 -6.82 23
Total Pre-Tax Income
-164 -175 -3.36 15
Total Operating Income
-101 -78 87 93
Total Gross Profit
215 273 221 247
Total Revenue
2,760 2,899 2,637 2,983
Operating Revenue
2,760 2,899 2,637 2,983
Total Cost of Revenue
2,546 2,626 2,417 2,736
Operating Cost of Revenue
2,546 2,626 2,417 2,736
Total Operating Expenses
316 351 134 154
Selling, General & Admin Expense
109 110 107 126
Amortization Expense
30 27 27 27
Impairment Charge
177 214 0.00 0.00
Total Other Income / (Expense), net
-62 -97 -90 -78
Interest & Investment Income
-61 -97 -91 -78
Other Income / (Expense), net
-0.89 0.06 0.38 0.19
Income Tax Expense
1.30 9.53 3.47 -8.06
Net Income / (Loss) Attributable to Noncontrolling Interest
3.16 1.67 -0.10 0.26
Basic Earnings per Share
($2.35) ($2.60) ($0.08) $0.25
Weighted Average Basic Shares Outstanding
71.67M 71.67M 83.29M 90M
Diluted Earnings per Share
($2.35) ($2.60) ($0.08) $0.25
Weighted Average Diluted Shares Outstanding
71.67M 71.67M 83.29M 90.30M
Weighted Average Basic & Diluted Shares Outstanding
- - 88.52M 100.82M

Quarterly Income Statements for Centuri

This table shows Centuri's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 10/1/2023 12/31/2023 3/31/2024 6/30/2024 9/29/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
Net Income / (Loss) Attributable to Common Shareholders
16 -211 -25 12 -3.65 10 -18 8.05 2.10 30 -9.53
Consolidated Net Income / (Loss)
17 -213 -25 12 -3.62 10 -18 8.08 2.11 30 -9.49
Net Income / (Loss) Continuing Operations
17 -213 -25 12 -3.62 10 -18 8.08 2.11 30 -9.49
Total Pre-Tax Income
27 -220 -46 11 18 13 -31 14 10 21 -17
Total Operating Income
53 -195 -22 33 42 34 -13 32 36 37 -4.74
Total Gross Profit
88 54 13 61 76 71 20 68 78 80 36
Total Revenue
775 665 528 672 720 717 550 724 850 859 723
Operating Revenue
775 665 528 672 720 717 550 724 850 859 723
Total Cost of Revenue
687 611 515 612 644 646 530 656 772 778 687
Operating Cost of Revenue
687 611 515 612 644 646 530 656 772 778 687
Total Operating Expenses
35 249 35 27 34 37 33 36 42 43 41
Selling, General & Admin Expense
28 29 29 21 27 31 26 29 35 36 33
Amortization Expense
6.67 6.66 6.67 6.66 6.66 6.65 6.67 6.68 6.69 7.25 7.80
Total Other Income / (Expense), net
-26 -25 -24 -22 -24 -20 -18 -18 -26 -16 -13
Interest & Investment Income
-26 -24 -24 -23 -24 -20 -18 -18 -26 -16 -12
Other Income / (Expense), net
0.11 -0.25 0.03 0.71 0.16 -0.52 -0.48 0.35 -0.08 0.40 -0.08
Income Tax Expense
10 -7.31 -21 -0.47 22 2.94 -13 6.19 7.92 -9.04 -7.77
Net Income / (Loss) Attributable to Noncontrolling Interest
0.74 -2.19 -0.18 0.01 0.04 0.03 0.01 0.03 0.02 0.20 0.04
Basic Earnings per Share
$0.23 $85,429.93 ($0.35) $0.14 ($0.04) $242,059.82 ($0.20) $0.09 $0.02 $0.34 ($0.09)
Weighted Average Basic Shares Outstanding
71.67M 71.67M 71.67M 84.63M 88.52M 83.29M 88.52M 88.59M 88.65M 90M 100.79M
Diluted Earnings per Share
$0.23 $85,429.93 ($0.35) $0.14 ($0.04) $242,059.82 ($0.20) $0.09 $0.02 $0.34 ($0.09)
Weighted Average Diluted Shares Outstanding
71.67M 71.67M 71.67M 84.64M 88.52M 83.29M 88.52M 88.82M 88.99M 90.30M 100.79M
Weighted Average Basic & Diluted Shares Outstanding
- 0.00 88.52M 88.52M 88.52M 88.52M 88.56M 88.65M 88.65M 100.82M 100.93M

Annual Cash Flow Statements for Centuri

This table details how cash moves in and out of Centuri's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 1/1/2023 12/31/2023 12/29/2024 12/28/2025
Net Change in Cash & Equivalents
-51 -31 16 79
Net Cash From Operating Activities
95 167 158 78
Net Cash From Continuing Operating Activities
95 167 158 78
Net Income / (Loss) Continuing Operations
-165 -185 -6.82 23
Consolidated Net Income / (Loss)
-165 -185 -6.82 23
Depreciation Expense
126 119 109 112
Amortization Expense
49 49 53 53
Non-Cash Adjustments To Reconcile Net Income
54 213 16 -179
Changes in Operating Assets and Liabilities, net
31 -28 -13 69
Net Cash From Investing Activities
-117 -95 -89 -88
Net Cash From Continuing Investing Activities
-117 -95 -89 -88
Purchase of Property, Plant & Equipment
-130 -107 -99 -86
Acquisitions
- 0.00 0.00 -46
Sale of Property, Plant & Equipment
13 12 9.96 44
Net Cash From Financing Activities
-27 -103 -53 89
Net Cash From Continuing Financing Activities
-27 -103 -53 89
Repayment of Debt
-227 -249 -630 -616
Repurchase of Common Equity
-40 -40 -93 0.00
Issuance of Debt
176 197 354 463
Issuance of Common Equity
0.00 0.00 328 251
Other Financing Activities, net
78 -12 -11 -9.42

Quarterly Cash Flow Statements for Centuri

This table details how cash moves in and out of Centuri's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 10/1/2023 12/31/2023 3/31/2024 6/30/2024 9/29/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
Net Change in Cash & Equivalents
6.06 0.95 -15 13 21 -3.44 -34 13 -12 112 -66
Net Cash From Operating Activities
81 106 -26 -54 174 61 17 -28 5.21 84 -35
Net Cash From Continuing Operating Activities
81 106 -26 -54 174 61 17 -28 5.21 84 -35
Net Income / (Loss) Continuing Operations
17 -213 -25 12 -3.62 10 -18 8.08 2.11 30 -9.49
Consolidated Net Income / (Loss)
17 -213 -25 12 -3.62 10 -18 8.08 2.11 30 -9.49
Depreciation Expense
30 28 28 28 27 27 28 28 28 29 27
Amortization Expense
13 12 13 13 13 13 13 13 13 15 16
Non-Cash Adjustments To Reconcile Net Income
0.20 214 -1.53 -0.97 3.22 16 1.61 1.96 3.91 -186 1.98
Changes in Operating Assets and Liabilities, net
22 65 -40 -106 134 -4.83 -7.50 -78 -41 196 -71
Net Cash From Investing Activities
-23 -23 -25 -20 -10 -30 -23 -19 -22 -24 -21
Net Cash From Continuing Investing Activities
-23 -23 -25 -20 -10 -30 -23 -19 -22 -24 -21
Purchase of Property, Plant & Equipment
-26 -27 -26 -23 -13 -33 -24 -21 -24 -18 -20
Acquisitions
- - - - - - 0.00 - - - -2.00
Sale of Property, Plant & Equipment
3.07 4.13 1.62 2.63 2.55 3.16 1.15 1.37 2.06 39 1.63
Net Cash From Financing Activities
-52 -82 36 87 -142 -34 -27 60 4.27 52 -10
Net Cash From Continuing Financing Activities
-52 -82 36 87 -142 -34 -27 60 4.27 52 -10
Repayment of Debt
-66 -80 -17 -330 -179 -104 -64 -12 -264 -275 -14
Issuance of Debt
17 1.26 56 182 43 73 40 74 271 78 5.83
Other Financing Activities, net
-3.02 -3.02 -2.91 -2.86 -2.80 -2.72 -2.65 -2.54 -2.26 -1.97 -1.96
Effect of Exchange Rate Changes
- - - - - - - - - - -0.18

Annual Balance Sheets for Centuri

This table presents Centuri's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025
Period end date 12/31/2023 12/29/2024 12/28/2025
Total Assets
2,190 2,074 2,408
Total Current Assets
683 601 881
Cash & Equivalents
33 49 127
Accounts Receivable
347 281 315
Prepaid Expenses
32 33 45
Other Current Assets
270 238 395
Plant, Property, & Equipment, net
545 511 467
Total Noncurrent Assets
962 962 1,059
Noncurrent Note & Lease Receivables
44 34 24
Goodwill
376 368 396
Intangible Assets
369 341 343
Other Noncurrent Operating Assets
173 219 296
Total Liabilities & Shareholders' Equity
2,190 2,074 2,408
Total Liabilities
1,865 1,514 1,529
Total Current Liabilities
421 382 496
Short-Term Debt
43 30 30
Accounts Payable
117 126 194
Accrued Expenses
187 174 185
Other Current Liabilities
74 53 88
Total Noncurrent Liabilities
1,444 1,132 1,033
Long-Term Debt
1,108 844 708
Capital Lease Obligations
24 15 9.15
Noncurrent Deferred & Payable Income Tax Liabilities
135 115 78
Other Noncurrent Operating Liabilities
176 158 237
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
99 4.67 5.42
Total Equity & Noncontrolling Interests
226 556 873
Total Preferred & Common Equity
226 556 873
Total Common Equity
226 556 873
Common Stock
374 719 1,009
Retained Earnings
-144 -151 -128
Accumulated Other Comprehensive Income / (Loss)
-4.03 -13 -7.37

Quarterly Balance Sheets for Centuri

This table presents Centuri's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 3/31/2024 6/30/2024 9/29/2024 3/30/2025 6/29/2025 9/28/2025 3/29/2026
Total Assets
2,119 2,222 2,113 1,993 2,108 2,177 2,322
Total Current Assets
613 724 635 536 652 740 806
Cash & Equivalents
18 31 52 15 28 16 60
Accounts Receivable
288 338 253 207 256 281 353
Prepaid Expenses
49 66 41 41 53 53 44
Other Current Assets
258 289 289 273 314 390 348
Plant, Property, & Equipment, net
538 534 498 501 505 495 463
Total Noncurrent Assets
969 964 980 955 951 942 1,053
Noncurrent Note & Lease Receivables
41 39 36 32 28 26 23
Goodwill
374 373 374 368 373 371 394
Intangible Assets
362 355 349 334 328 321 335
Other Noncurrent Operating Assets
192 197 221 221 221 223 302
Total Liabilities & Shareholders' Equity
2,119 2,222 2,113 1,993 2,108 2,177 2,322
Total Liabilities
1,917 1,687 1,581 1,451 1,536 1,587 1,454
Total Current Liabilities
440 354 386 340 380 442 429
Short-Term Debt
43 31 30 29 28 34 30
Accounts Payable
115 117 121 116 128 147 142
Accrued Expenses
238 158 183 142 163 201 159
Other Current Liabilities
45 47 51 53 61 60 98
Total Noncurrent Liabilities
1,477 1,334 1,195 1,111 1,156 1,145 1,025
Long-Term Debt
1,147 1,010 879 823 891 893 699
Capital Lease Obligations
22 19 17 13 11 9.55 7.48
Noncurrent Deferred & Payable Income Tax Liabilities
135 135 135 115 95 73 78
Other Noncurrent Operating Liabilities
174 169 165 160 160 170 241
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
4.51 3.97 4.13 4.68 4.71 4.89 5.97
Total Equity & Noncontrolling Interests
198 530 527 537 567 585 862
Total Preferred & Common Equity
198 530 527 537 567 585 862
Total Common Equity
198 530 527 537 567 585 862
Common Stock
373 695 694 718 735 753 1,010
Retained Earnings
-169 -157 -161 -169 -161 -159 -138
Accumulated Other Comprehensive Income / (Loss)
-6.57 -7.61 -6.09 -13 -6.98 -9.55 -9.75

Annual Metrics And Ratios for Centuri

This table displays calculated financial ratios and metrics derived from Centuri's official financial filings.

Metric 2022 2023 2024 2025
Period end date 1/1/2023 12/31/2023 12/29/2024 12/28/2025
Growth Metrics
- - - -
Revenue Growth
0.00% 5.03% -9.04% 13.10%
EBITDA Growth
0.00% 24.04% 176.71% 3.75%
EBIT Growth
0.00% 24.26% 212.46% 6.72%
NOPAT Growth
0.00% 23.53% 211.89% 137.26%
Net Income Growth
0.00% -11.83% 96.30% 432.01%
EPS Growth
0.00% -10.64% 96.92% 412.50%
Operating Cash Flow Growth
0.00% 76.98% -5.51% -50.63%
Free Cash Flow Firm Growth
0.00% 0.00% 108.39% -64.21%
Invested Capital Growth
0.00% 0.00% -4.56% 7.03%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 4.98%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 3.15%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 4.87%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 303.94%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 771.15%
EPS Q/Q Growth
0.00% 0.00% 0.00% 212.50%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 41.45%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 164.66%
Invested Capital Q/Q Growth
0.00% 0.00% -0.34% -0.84%
Profitability Metrics
- - - -
Gross Margin
7.77% 9.43% 8.37% 8.27%
EBITDA Margin
2.62% 3.10% 9.42% 8.64%
Operating Margin
-3.67% -2.68% 3.29% 3.11%
EBIT Margin
-3.71% -2.67% 3.30% 3.12%
Profit (Net Income) Margin
-5.98% -6.36% -0.26% 0.76%
Tax Burden Percent
100.79% 105.45% 203.28% 155.28%
Interest Burden Percent
159.98% 225.78% -3.85% 15.68%
Effective Tax Rate
0.00% 0.00% 0.00% -55.28%
Return on Invested Capital (ROIC)
0.00% -7.40% 4.24% 9.94%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -30.21% -2.58% -6.70%
Return on Net Nonoperating Assets (RNNOA)
0.00% -106.05% -5.78% -6.80%
Return on Equity (ROE)
0.00% -113.45% -1.54% 3.15%
Cash Return on Invested Capital (CROIC)
0.00% -207.40% 8.91% 3.15%
Operating Return on Assets (OROA)
0.00% -3.54% 4.09% 4.15%
Return on Assets (ROA)
0.00% -8.43% -0.32% 1.01%
Return on Common Equity (ROCE)
0.00% -78.83% -1.36% 3.13%
Return on Equity Simple (ROE_SIMPLE)
0.00% -81.64% -1.23% 0.00%
Net Operating Profit after Tax (NOPAT)
-71 -54 61 144
NOPAT Margin
-2.57% -1.87% 2.30% 4.83%
Net Nonoperating Expense Percent (NNEP)
0.00% 22.81% 6.82% 16.64%
Return On Investment Capital (ROIC_SIMPLE)
- -3.88% 4.21% 8.90%
Cost of Revenue to Revenue
92.23% 90.57% 91.63% 91.73%
SG&A Expenses to Revenue
3.96% 3.81% 4.07% 4.24%
R&D to Revenue
0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
11.45% 12.11% 5.08% 5.15%
Earnings before Interest and Taxes (EBIT)
-102 -78 87 93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
72 90 248 258
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 1.15 3.15 2.63
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 17.15
Price to Revenue (P/Rev)
0.09 0.09 0.66 0.77
Price to Earnings (P/E)
0.00 0.00 0.00 102.68
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.97%
Enterprise Value to Invested Capital (EV/IC)
0.00 1.02 1.85 1.95
Enterprise Value to Revenue (EV/Rev)
0.00 0.52 0.98 0.98
Enterprise Value to EBITDA (EV/EBITDA)
0.00 16.72 10.44 11.35
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 29.76 31.45
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 42.70 20.30
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 8.97 16.39 37.44
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 20.31 64.02
Leverage & Solvency
- - - -
Debt to Equity
0.00 3.61 1.59 0.85
Long-Term Debt to Equity
0.00 3.48 1.53 0.82
Financial Leverage
0.00 3.51 2.24 1.01
Leverage Ratio
0.00 6.73 4.82 3.12
Compound Leverage Factor
0.00 15.20 -0.19 0.49
Debt to Total Capital
0.00% 78.32% 61.34% 45.95%
Short-Term Debt to Total Capital
0.00% 2.84% 2.07% 1.82%
Long-Term Debt to Total Capital
0.00% 75.49% 59.27% 44.13%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 6.62% 0.32% 0.33%
Common Equity to Total Capital
0.00% 15.06% 38.34% 53.72%
Debt to EBITDA
0.00 13.09 3.58 2.90
Net Debt to EBITDA
0.00 12.71 3.38 2.41
Long-Term Debt to EBITDA
0.00 12.61 3.46 2.78
Debt to NOPAT
0.00 -21.64 14.63 5.18
Net Debt to NOPAT
0.00 -21.03 13.83 4.30
Long-Term Debt to NOPAT
0.00 -20.86 14.14 4.98
Altman Z-Score
0.00 1.34 2.13 2.39
Noncontrolling Interest Sharing Ratio
0.00% 30.52% 11.74% 0.70%
Liquidity Ratios
- - - -
Current Ratio
0.00 1.62 1.57 1.78
Quick Ratio
0.00 0.91 0.86 0.89
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
0.00 -1,521 128 46
Operating Cash Flow to CapEx
80.83% 176.56% 177.04% 184.37%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Efficiency Ratios
- - - -
Asset Turnover
0.00 1.32 1.24 1.33
Accounts Receivable Turnover
0.00 8.34 8.39 10.01
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 5.32 4.99 6.10
Accounts Payable Turnover
0.00 22.52 19.95 17.14
Days Sales Outstanding (DSO)
0.00 43.74 43.52 36.47
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 16.21 18.30 21.30
Cash Conversion Cycle (CCC)
0.00 27.54 25.22 15.18
Capital & Investment Metrics
- - - -
Invested Capital
0.00 1,467 1,400 1,499
Invested Capital Turnover
0.00 3.95 1.84 2.06
Increase / (Decrease) in Invested Capital
0.00 1,467 -67 98
Enterprise Value (EV)
0.00 1,501 2,594 2,925
Market Capitalization
260 260 1,749 2,300
Book Value per Share
$0.00 $3.15 $6.28 $9.85
Tangible Book Value per Share
$0.00 ($7.24) ($1.74) $1.51
Total Capital
0.00 1,500 1,449 1,625
Total Debt
0.00 1,175 889 747
Total Long-Term Debt
0.00 1,133 859 717
Net Debt
0.00 1,142 840 620
Capital Expenditures (CapEx)
117 95 89 42
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 271 200 288
Debt-free Net Working Capital (DFNWC)
0.00 305 249 415
Net Working Capital (NWC)
0.00 262 219 385
Net Nonoperating Expense (NNE)
94 130 68 121
Net Nonoperating Obligations (NNO)
0.00 1,142 840 620
Total Depreciation and Amortization (D&A)
175 167 161 165
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 9.36% 7.59% 9.65%
Debt-free Net Working Capital to Revenue
0.00% 10.52% 9.44% 13.90%
Net Working Capital to Revenue
0.00% 9.05% 8.31% 12.91%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.08) $0.25
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 83.29M 90M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.08) $0.25
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 83.29M 90.30M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 88.52M 100.82M
Normalized Net Operating Profit after Tax (NOPAT)
53 95 61 65
Normalized NOPAT Margin
1.92% 3.29% 2.30% 2.18%
Pre Tax Income Margin
-5.93% -6.04% -0.13% 0.49%
Debt Service Ratios
- - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Payout Ratios
- - - -
Dividend Payout Ratio
-9.09% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-33.12% -21.62% -1,362.01% 0.00%

Quarterly Metrics And Ratios for Centuri

This table displays calculated financial ratios and metrics derived from Centuri's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 10/1/2023 12/31/2023 3/31/2024 6/30/2024 9/29/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
DEI Shares Outstanding
- - - - - - - - - - 100,816,444.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 100,816,444.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - -0.09
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.00% 0.00% -19.18% -16.59% -7.08% 7.78% 4.18% 7.73% 18.05% 19.74% 31.47%
EBITDA Growth
0.00% 0.00% -65.07% -22.23% -14.24% 146.89% 44.94% -2.07% -6.66% 10.77% 42.62%
EBIT Growth
0.00% 0.00% -298.02% -37.41% -20.70% 116.93% 39.78% -3.96% -13.88% 13.05% 63.45%
NOPAT Growth
0.00% 0.00% -286.83% 3.60% -125.11% 119.15% 42.05% -47.28% 191.62% 101.36% 62.70%
Net Income Growth
0.00% 0.00% -255.14% -36.87% -121.38% 104.85% 28.97% -30.93% 158.45% 194.08% 47.08%
EPS Growth
0.00% 0.00% -183.33% -41.67% -117.39% 183.34% 42.86% -35.71% 150.00% 100.00% 55.00%
Operating Cash Flow Growth
0.00% 0.00% -142.82% 24.06% 113.59% -42.27% 163.04% 51.09% -97.11% 37.53% -310.11%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 99.67% 107.13% 93.02% -149.06% -3,285.10%
Invested Capital Growth
0.00% 0.00% 0.00% 0.00% 0.00% -4.56% -0.31% -5.81% 7.57% 7.03% 11.02%
Revenue Q/Q Growth
-3.83% -14.14% 0.00% 27.28% 7.14% -0.41% -23.29% 31.63% 17.40% 1.01% -15.77%
EBITDA Q/Q Growth
-0.32% -262.79% 0.00% 296.28% 9.93% -10.99% -62.62% 167.75% 4.78% 5.63% -51.87%
EBIT Q/Q Growth
-1.90% -468.85% 0.00% 254.53% 24.30% -21.25% -139.81% 346.43% 11.46% 3.37% -112.87%
NOPAT Q/Q Growth
-0.23% -511.29% 0.00% 324.94% -124.18% 413.65% -133.97% 304.66% -57.98% 589.30% -106.29%
Net Income Q/Q Growth
-8.68% -1,358.10% 0.00% 146.36% -130.92% 385.62% -273.50% 145.07% -73.83% 1,337.13% -131.22%
EPS Q/Q Growth
-4.17% 37,143,347.83% 0.00% 100.00% -128.57% 605,149,650.00% -100.00% 145.00% -77.78% 1,600.00% -126.47%
Operating Cash Flow Q/Q Growth
213.92% 29.96% 0.00% -143.99% 420.39% -64.87% -72.66% -265.86% 118.85% 1,508.94% -141.77%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% -8.48% 7.62% 106.59% -104.97% 2,459.17% -190.47% 53.71% -242.61%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 12.15% -10.20% -0.34% -0.68% 5.96% 2.56% -0.84% 3.02%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
11.31% 8.10% 2.51% 9.00% 10.53% 9.91% 3.70% 9.36% 9.17% 9.37% 4.94%
EBITDA Margin
12.34% -23.40% 3.57% 11.10% 11.39% 10.18% 4.96% 10.09% 9.01% 9.42% 5.38%
Operating Margin
6.83% -29.38% -4.15% 4.93% 5.82% 4.69% -2.31% 4.44% 4.27% 4.32% -0.66%
EBIT Margin
6.85% -29.42% -4.15% 5.04% 5.84% 4.62% -2.40% 4.49% 4.26% 4.36% -0.67%
Profit (Net Income) Margin
2.18% -31.99% -4.78% 1.74% -0.50% 1.44% -3.26% 1.12% 0.25% 3.54% -1.31%
Tax Burden Percent
62.83% 96.68% 54.85% 104.22% -19.93% 77.83% 57.72% 56.64% 21.07% 142.33% 54.96%
Interest Burden Percent
50.75% 112.49% 210.01% 33.15% 43.14% 40.06% 235.39% 43.88% 27.68% 56.98% 357.88%
Effective Tax Rate
37.17% 0.00% 0.00% -4.22% 119.93% 22.17% 0.00% 43.36% 78.93% -42.33% 0.00%
Return on Invested Capital (ROIC)
0.00% -40.64% 0.00% 0.00% 0.00% 6.72% -3.09% 4.49% 1.75% 12.64% -0.99%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -47.30% 0.00% 0.00% 0.00% 5.12% -3.97% 3.44% 1.14% 9.58% -1.80%
Return on Net Nonoperating Assets (RNNOA)
0.00% -166.05% 0.00% 0.00% 0.00% 11.46% -10.91% 6.01% 1.82% 9.72% -1.94%
Return on Equity (ROE)
0.00% -206.69% 0.00% 0.00% 0.00% 18.18% -14.00% 10.50% 3.57% 22.37% -2.93%
Cash Return on Invested Capital (CROIC)
0.00% -103.70% 0.00% 0.00% 0.00% 8.91% 0.60% 4.64% -4.85% 3.15% -2.92%
Operating Return on Assets (OROA)
0.00% -38.94% 0.00% 0.00% 0.00% 5.72% -3.10% 5.62% 5.65% 5.81% -0.98%
Return on Assets (ROA)
0.00% -42.35% 0.00% 0.00% 0.00% 1.78% -4.21% 1.40% 0.33% 4.71% -1.92%
Return on Common Equity (ROCE)
0.00% -143.61% 0.00% 0.00% 0.00% 16.04% -13.83% 10.42% 3.55% 22.21% -2.91%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
33 -137 -15 35 -8.35 26 -8.90 18 7.65 53 -3.32
NOPAT Margin
4.29% -20.56% -2.91% 5.14% -1.16% 3.65% -1.62% 2.52% 0.90% 6.14% -0.46%
Net Nonoperating Expense Percent (NNEP)
0.00% 6.66% 1.66% 4.44% -1.08% 1.60% 0.88% 1.05% 0.62% 3.06% 0.81%
Return On Investment Capital (ROIC_SIMPLE)
- -9.76% - - - 1.81% -0.64% 1.22% 0.50% 3.26% -0.21%
Cost of Revenue to Revenue
88.69% 91.90% 97.49% 91.00% 89.47% 90.09% 96.30% 90.64% 90.83% 90.63% 95.06%
SG&A Expenses to Revenue
3.61% 4.32% 5.41% 3.08% 3.78% 4.29% 4.79% 4.00% 4.11% 4.21% 4.52%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
4.47% 37.48% 6.67% 4.07% 4.70% 5.22% 6.01% 4.92% 4.90% 5.06% 5.60%
Earnings before Interest and Taxes (EBIT)
53 -196 -22 34 42 33 -13 33 36 37 -4.82
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
96 -156 19 75 82 73 27 73 77 81 39
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 1.15 1.32 3.25 2.58 3.15 2.73 3.46 3.20 2.63 3.44
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.15 22.17
Price to Revenue (P/Rev)
0.00 0.09 0.00 0.00 0.00 0.66 0.55 0.72 0.66 0.77 0.94
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 3,692.32 0.00 744.03 102.68 96.15
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.13% 0.97% 1.04%
Enterprise Value to Invested Capital (EV/IC)
0.00 1.02 1.04 1.76 1.59 1.85 1.67 1.95 1.85 1.95 2.36
Enterprise Value to Revenue (EV/Rev)
0.00 0.52 0.00 0.00 0.00 0.98 0.87 1.06 0.98 0.98 1.15
Enterprise Value to EBITDA (EV/EBITDA)
0.00 16.72 0.00 0.00 0.00 10.44 9.03 11.23 11.19 11.35 13.52
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 29.76 24.20 30.33 31.53 31.45 35.94
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 42.70 575.30 0.00 78.38 20.30 33.01
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 8.97 0.00 0.00 0.00 16.39 11.52 12.45 50.63 37.44 137.98
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 20.31 279.25 40.64 0.00 64.02 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 3.61 5.99 1.99 1.74 1.59 1.60 1.63 1.59 0.85 0.85
Long-Term Debt to Equity
0.00 3.48 5.78 1.93 1.69 1.53 1.54 1.58 1.53 0.82 0.81
Financial Leverage
0.00 3.51 5.90 1.93 1.64 2.24 2.75 1.75 1.60 1.01 1.08
Leverage Ratio
0.00 6.73 10.48 4.16 3.98 4.82 5.53 3.91 3.83 3.12 3.06
Compound Leverage Factor
0.00 7.57 22.00 1.38 1.72 1.93 13.02 1.72 1.06 1.78 10.96
Debt to Total Capital
0.00% 78.32% 85.69% 66.50% 63.53% 61.34% 61.50% 61.92% 61.37% 45.95% 45.88%
Short-Term Debt to Total Capital
0.00% 2.84% 3.03% 1.96% 2.08% 2.07% 2.06% 1.87% 2.25% 1.82% 1.85%
Long-Term Debt to Total Capital
0.00% 75.49% 82.66% 64.55% 61.46% 59.27% 59.44% 60.05% 59.12% 44.13% 44.03%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 6.62% 0.32% 0.25% 0.28% 0.32% 0.33% 0.31% 0.32% 0.33% 0.37%
Common Equity to Total Capital
0.00% 15.06% 13.99% 33.25% 36.18% 38.34% 38.17% 37.76% 38.31% 53.72% 53.74%
Debt to EBITDA
0.00 13.09 0.00 0.00 0.00 3.58 3.36 3.64 3.75 2.90 2.73
Net Debt to EBITDA
0.00 12.71 0.00 0.00 0.00 3.38 3.31 3.53 3.69 2.41 2.51
Long-Term Debt to EBITDA
0.00 12.61 0.00 0.00 0.00 3.46 3.25 3.53 3.61 2.78 2.62
Debt to NOPAT
0.00 -21.64 0.00 0.00 0.00 14.63 214.41 -45.75 26.27 5.18 6.67
Net Debt to NOPAT
0.00 -21.03 0.00 0.00 0.00 13.83 210.63 -44.36 25.82 4.30 6.12
Long-Term Debt to NOPAT
0.00 -20.86 0.00 0.00 0.00 14.14 207.24 -44.37 25.31 4.98 6.40
Altman Z-Score
0.00 1.16 0.03 0.76 0.62 2.04 1.92 2.15 2.13 2.31 2.69
Noncontrolling Interest Sharing Ratio
0.00% 30.52% 2.23% 0.74% 0.78% 11.74% 1.24% 0.78% 0.80% 0.70% 0.76%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.00 1.62 1.39 2.05 1.64 1.57 1.57 1.72 1.67 1.78 1.88
Quick Ratio
0.00 0.91 0.70 1.04 0.79 0.86 0.65 0.75 0.67 0.89 0.96
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 -1,410 -1,530 -1,413 93 -4.62 109 -99 -46 -157
Operating Cash Flow to CapEx
356.70% 461.12% -76.93% -270.60% 1,671.73% 202.76% 71.85% -142.33% 24.23% 0.00% -188.33%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.00 1.32 0.00 0.00 0.00 1.24 1.29 1.25 1.32 1.33 1.46
Accounts Receivable Turnover
0.00 8.34 0.00 0.00 0.00 8.39 10.75 9.12 10.64 10.01 11.27
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 5.32 0.00 0.00 0.00 4.99 5.12 5.22 5.72 6.10 6.55
Accounts Payable Turnover
0.00 22.52 0.00 0.00 0.00 19.95 21.09 20.24 19.44 17.14 22.47
Days Sales Outstanding (DSO)
0.00 43.74 0.00 0.00 0.00 43.52 33.97 40.01 34.31 36.47 32.39
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 16.21 0.00 0.00 0.00 18.30 17.31 18.04 18.78 21.30 16.24
Cash Conversion Cycle (CCC)
0.00 27.54 0.00 0.00 0.00 25.22 16.66 21.97 15.53 15.18 16.15
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
0.00 1,467 1,395 1,564 1,405 1,400 1,391 1,473 1,511 1,499 1,544
Invested Capital Turnover
0.00 1.98 0.00 0.00 0.00 1.84 1.91 1.79 1.95 2.06 2.15
Increase / (Decrease) in Invested Capital
0.00 0.00 1,395 1,564 1,405 -67 -4.28 -91 106 98 153
Enterprise Value (EV)
0.00 1,501 1,457 2,758 2,237 2,594 2,320 2,867 2,797 2,925 3,644
Market Capitalization
260 260 260 1,724 1,360 1,749 1,466 1,961 1,870 2,300 2,962
Book Value per Share
$0.00 $3.15 $1,977,680.00 $5.99 $5.96 $6.28 $6.06 $6.40 $6.60 $9.85 $8.55
Tangible Book Value per Share
$0.00 ($7.24) ($5,377,890.00) ($2.23) ($2.21) ($1.74) ($1.88) ($1.52) ($1.21) $1.51 $1.33
Total Capital
0.00 1,500 1,413 1,595 1,457 1,449 1,406 1,502 1,527 1,625 1,604
Total Debt
0.00 1,175 1,211 1,061 926 889 865 930 937 747 736
Total Long-Term Debt
0.00 1,133 1,168 1,030 896 859 836 902 903 717 706
Net Debt
0.00 1,142 1,193 1,030 873 840 849 902 921 620 676
Capital Expenditures (CapEx)
23 23 29 20 10 30 23 19 22 -22 19
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 271 197 370 226 200 209 272 316 288 346
Debt-free Net Working Capital (DFNWC)
0.00 305 216 401 279 249 225 300 333 415 407
Net Working Capital (NWC)
0.00 262 173 370 248 219 196 272 298 385 377
Net Nonoperating Expense (NNE)
16 76 9.88 23 -4.74 16 9.02 10 5.54 22 6.17
Net Nonoperating Obligations (NNO)
0.00 1,142 1,193 1,030 873 840 849 902 921 620 676
Total Depreciation and Amortization (D&A)
43 40 41 41 40 40 40 41 40 43 44
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 9.36% 0.00% 0.00% 0.00% 7.59% 7.87% 10.04% 11.14% 9.65% 10.97%
Debt-free Net Working Capital to Revenue
0.00% 10.52% 0.00% 0.00% 0.00% 9.44% 8.44% 11.08% 11.71% 13.90% 12.89%
Net Working Capital to Revenue
0.00% 9.05% 0.00% 0.00% 0.00% 8.31% 7.36% 10.05% 10.50% 12.91% 11.94%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $85,429.93 ($242,060.00) $0.14 ($0.04) $242,059.82 ($0.20) $0.09 $0.02 $0.34 ($0.09)
Adjusted Weighted Average Basic Shares Outstanding
0.00 71.67M 100.00 84.63M 88.52M 83.29M 88.52M 88.59M 88.65M 90M 100.79M
Adjusted Diluted Earnings per Share
$0.00 $85,429.93 ($242,060.00) $0.14 ($0.04) $242,059.82 ($0.20) $0.09 $0.02 $0.34 ($0.09)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 71.67M 100.00 84.64M 88.52M 83.29M 88.52M 88.82M 88.99M 90.30M 100.79M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 88.52M 88.52M 88.52M 88.52M 88.56M 88.65M 88.65M 100.82M 100.93M
Normalized Net Operating Profit after Tax (NOPAT)
33 -137 -15 23 29 26 -8.90 18 25 26 -3.32
Normalized NOPAT Margin
4.29% -20.56% -2.91% 3.45% 4.08% 3.65% -1.62% 2.52% 2.99% 3.02% -0.46%
Pre Tax Income Margin
3.48% -33.09% -8.71% 1.67% 2.52% 1.85% -5.65% 1.97% 1.18% 2.49% -2.39%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% -21.62% 0.00% 0.00% 0.00% -1,362.01% 19,071.66% -2.49% 2.96% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways from Centuri (NYSE: CTRI) quarterly filings over the most recent four-year window, focused on Trends in income, cash flow, and balance sheet dynamics that retail investors may care about.

  • Q4 2025 revenue reached $858.6 million, up from $717.1 million in Q4 2024 and higher than prior 2025 quarters, signaling strong year‑end demand.
  • Q4 2025 net income attributable to common shareholders was $30.18 million, marking a clear positive swing after earlier quarterly losses in 2025.
  • Q4 2025 diluted earnings per share (EPS) stood at $0.34, aligning with the improved profitability profile.
  • Q4 2025 net cash from continuing operating activities was $83.89 million, indicating solid cash generation from core operations.
  • Q4 2025 net change in cash was $111.93 million, suggesting improved liquidity and balance‑sheet flexibility into year end.
  • Gross margin in Q4 2025 stayed in the high single digits (about 9.4%), indicating a stable margin foundation even as revenue scales.
  • 2025 debt activity shows large repayments in Q3 (≈$264.5 million) and Q4 (≈$275.4 million) paired with new issuances (Q3 ≈$271.0 million; Q4 ≈$78.2 million), suggesting ongoing deleveraging with continued financing needs.
  • Non-Cash Adjustments To Reconcile Net Income in Q4 2025 were sizable (about -$186.1 million), a one‑time item that affected reported cash flow but does not reflect ongoing cash earnings.
  • Q2 2025 net cash from continuing operating activities was negative at about -$27.66 million, showing near‑term cash‑flow volatility.
  • Cumulative near‑term debt repayments in Q3 and Q4 2025 totaled roughly -$264.5 million and -$275.4 million, respectively, creating meaningful cash outflows in those quarters.
05/15/26 11:42 AM ETAI Generated. May Contain Errors.

Centuri Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Centuri's financial year ends in December. Their financial year 2025 ended on December 28, 2025.

Centuri's net income appears to be on a downward trend, with a most recent value of $22.65 million in 2025, falling from -$164.99 million in 2022. The previous period was -$6.82 million in 2024. See Centuri's forecast for analyst expectations on what's next for the company.

Centuri's total operating income in 2025 was $92.82 million, based on the following breakdown:
  • Total Gross Profit: $246.57 million
  • Total Operating Expenses: $153.75 million

Over the last 3 years, Centuri's total revenue changed from $2.76 billion in 2022 to $2.98 billion in 2025, a change of 8.1%.

Centuri's total liabilities were at $1.53 billion at the end of 2025, a 1.0% increase from 2024, and a 18.0% decrease since 2023.

In the past 2 years, Centuri's cash and equivalents has ranged from $33.41 million in 2023 to $126.63 million in 2025, and is currently $126.63 million as of their latest financial filing in 2025.

Over the last 3 years, Centuri's book value per share changed from 0.00 in 2022 to 9.85 in 2025, a change of 984.8%.



Financial statements for NYSE:CTRI last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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