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NYSE · Utilities

Centuri Holdings, Inc. (CTRI)

As-reported financials and SEC filings for Centuri Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Centuri Holdings, Inc.

Centuri Holdings, Inc. is a North American utility and energy infrastructure services company that partners with electric, gas, and combination utility providers to maintain, upgrade, and expand energy networks. The company offers services such as modernization, replacement, maintenance, retrofitting, and installation of electric and natural gas distribution and transmission systems. It serves regulated utilities across the United States and Canada, supporting over 400 customers including major investment-grade utilities.

Snapshot

Revenue
$2.98B
Revenue growth (YoY)
13.1%
Net income
$22.4M
Diluted EPS
$0.25
Gross margin
8.3%
Operating margin
3.1%
Net margin
0.8%
FCF margin
-0.3%
ROE
2.6%
net income / fiscal-year-end equity
P/E
62.3×
trailing when available, otherwise FY EPS
Market cap
$2.14B
Long-term debt / equity
0.81×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 28, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Centuri Holdings

  • Revenue grew 13.1% to $3.0B in FY2025, after a 9.0% decline the year before.
  • Operating margin turned positive at 3.1% in FY2025, from a 3.7% operating loss in FY2022.
  • Most recent quarter Q2 FY2026: revenue $962M, up 32.9% from Q2 FY2025.
  • Free cash flow was negative $8M in FY2025.
  • Net income turned positive at $22M in FY2025, from a $7M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Centuri Holdings’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin8.3%
Lowest of 26
Operating margin3.1%
13th percentile of 86
Net margin0.8%
16th percentile of 91
FCF margin-0.3%
56th percentile of 76
Revenue growth (YoY)+13.1%
70th percentile of 94
ROE2.6%
18th percentile of 89
P/E62.3×
95th percentile of 83
Long-term debt / equity0.81×
27th percentile of 84
Short interest1.29d
8th percentile of 98

Centuri Holdings’s gross margin of 8.3% is the lowest of the 26 Utilities companies reporting it. Centuri Holdings’s P/E of 62.3 ranks in the 95th percentile of the 83 peers with a meaningful P/E. Centuri Holdings’s operating margin of 3.1% ranks in the 13th percentile of the 86 Utilities companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$713.7M
reported long value
InvestorAs ofPosition valueSharesChange
Icahn CapitalQ2 2026$433.5M14.3MHeld
D. E. ShawquantQ2 2026$149.3M4.9MAdded
Two Sigma InvestmentsquantQ2 2026$78.2M2.6MReduced
Renaissance TechnologiesquantQ2 2026$27.6M913.7KReduced
Millennium ManagementquantQ2 2026$15.4M510.8KNew
AQR Capital ManagementquantQ2 2026$5.3M175.6KAdded
Citadel AdvisorsquantQ2 2026$4.4M146.2KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.8M
settled 2026-08-14
Change vs prior
+7.4%
vs previous settlement
Days to cover
1.29
at avg daily volume
Avg daily volume
2.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.8M+7.4%1.29
2026-07-313.5M+8.2%2.24
2026-07-153.3M-3.6%2.33
2026-06-303.4M-24.2%1.79
2026-06-154.5M+13.8%4.63
2026-05-293.9M+13.0%2.89
2026-05-153.5M+16.6%1.50
2026-04-303.0M+2.0%2.95

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$2.98B$2.64B$2.90B$2.76B
Gross profit$246.6M$220.7M$273.4M$214.6M
Operating income$92.8M$86.8M$-77.6M$-101.4M
Net income$22.4M$-6.7M$-186.2M$-168.1M
Diluted EPS$0.25$-0.08$-2.60$-2.35

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$126.6M$49.0M$33.4M$64.0M
Current assets$881.4M$601.4M$682.9M
Total assets$2.41B$2.07B$2.19B
Current liabilities$496.4M$382.3M$420.6M
Long-term debt$708.1M$843.9M$1.11B
Total liabilities$1.53B$1.51B$1.86B
Total equity$873.0M$555.6M$226.0M$386.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$78.1M$158.2M$167.5M$94.6M
Capital expenditure$86.3M$99.3M$106.7M$129.6M
Free cash flow$-8.2M$58.9M$60.8M$-35.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$962.0M32.9%$6.1M$0.06
Q1 FY2026$723.2M31.5%$-9.5M$-0.09
Q4 FY2025$858.6M19.7%$30.2M$0.32
Q3 FY2025$850.0M18.1%$2.1M$0.02
Q2 FY2025$724.1M7.7%$8.1M$0.09
Q1 FY2025$550.1M4.2%$-17.9M$-0.20
Q4 FY2024$717.1M7.8%$10.3M$0.12
Q3 FY2024$720.1M-7.1%$-3.7M$-0.04

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryNatural Gas Transmisison & Distribution
Latest annual periodFY2025 (ended December 28, 2025)
Latest reported quarterQ2 FY2026 (ended June 28, 2026)
Oldest indexed filing2023
SEC CIK1981599

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-12
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-22
View on EDGAR →
8-K2026-05-06
View on EDGAR →

Largest Utilities peers

All Utilities companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.