📊 CTRI Key Takeaways
Is Centuri Holdings, Inc. (CTRI) a Good Investment?
Centuri Holdings exhibits severe operational dysfunction, with revenue growth of 13.1% completely disconnected from profitability—the company reports negative operating income (-$4.7M), negative net income (-$9.5M), and most critically, negative operating cash flow (-$35M), indicating the core business cannot sustain itself. The 4.9% gross margin and -1.3% net margin, combined with $698.8M in long-term debt and negative free cash flow (-$55.3M), create an unsustainable financial structure that will require external capital infusions or require significant restructuring to avoid financial distress.
Centuri Holdings shows solid top-line growth and adequate liquidity, but that growth is not translating into meaningful bottom-line improvement. Profitability remains very thin, returns on capital are weak, and free cash flow is negative, which makes the current fundamental profile mixed rather than compelling.
Centuri Holdings, Inc. Key Strengths (CTRI)
- Revenue growth of 13.1% YoY demonstrates market demand for services in natural gas transmission and distribution sector
- Current ratio of 1.88x indicates adequate short-term liquidity to meet obligations in next 12 months
- Substantial asset base of $2.3B provides scale and market presence in regulated utility sector
- Revenue growth of 13.1% YoY indicates continued demand and execution strength
- Liquidity appears sound with a 1.78x current ratio and meaningful cash on hand
- Leverage is moderate rather than extreme, with debt-to-equity at 0.81x
CTRI Stock Risks: Centuri Holdings, Inc. Investment Risks
- Structural unprofitability: negative net margin (-1.3%) and operating margin (-0.7%) despite revenue growth indicates fundamental business model dysfunction rather than temporary challenges
- Negative operating cash flow (-$35M) means the business cannot generate cash from core operations and is dependent on external financing or asset sales
- Unsustainable capital structure: $698.8M long-term debt with interest coverage N/A (no positive EBIT), creating covenant and solvency risks
- Deteriorating cash position: negative free cash flow (-$55.3M) combined with continued capex spending ($20.2M) against only $60.3M cash reserves indicates limited runway without refinancing
- Critically low gross margin (4.9%) suggests either severe pricing pressure, uncontrollable cost structure, or both—fundamental issues unlikely to resolve quickly
- Net income declined slightly despite strong revenue growth, signaling weak operating leverage
- Margins are very thin across the business, with just 3.1% operating margin and 0.8% net margin
- Free cash flow is negative as capital expenditures exceeded operating cash generation
Key Metrics to Watch
- Operating cash flow trajectory—must achieve positive OCF within 2-3 quarters to avoid liquidity crisis
- Gross margin improvement—must demonstrate cost structure fixes to restore viability
- Debt covenant compliance and refinancing capability—monitor for potential default or restructuring triggers
- Cash balance trend—below $50M would indicate imminent financing needs or forced asset sales
- Operating and net margin improvement
- Free cash flow generation versus capital expenditures
Centuri Holdings, Inc. (CTRI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Centuri Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CTRI Profit Margin, ROE & Profitability Analysis
CTRI vs Energy Sector: How Centuri Holdings, Inc. Compares
How Centuri Holdings, Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Centuri Holdings, Inc. Stock Overvalued? CTRI Valuation Analysis 2026
Based on fundamental analysis, Centuri Holdings, Inc. shows some fundamental concerns relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Centuri Holdings, Inc. Balance Sheet: CTRI Debt, Cash & Liquidity
CTRI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Centuri Holdings, Inc.'s revenue has shown modest growth of 3% over the 5-year period. The most recent EPS of $-2.60 indicates the company is currently unprofitable.
CTRI Revenue Growth, EPS Growth & YoY Performance
CTRI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $550.1M | -$9.5M | $-0.09 |
| Q3 2025 | $720.1M | $2.1M | $0.02 |
| Q2 2025 | $672.1M | $8.1M | $0.09 |
| Q1 2025 | $528.0M | -$17.9M | $-0.20 |
| Q3 2024 | $720.1M | -$3.7M | $-0.04 |
| Q2 2024 | $672.1M | $8.3M | $0.12 |
| Q1 2024 | $528.0M | -$8.8M | $-85,433.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Centuri Holdings, Inc. Dividends, Buybacks & Capital Allocation
CTRI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Centuri Holdings, Inc. (CIK: 0001981599)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CTRI
What is the AI rating for CTRI?
Centuri Holdings, Inc. (CTRI) has a Combined AI Grade of C from Claude (D) and ChatGPT (B) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CTRI's key strengths?
Claude: Revenue growth of 13.1% YoY demonstrates market demand for services in natural gas transmission and distribution sector. Current ratio of 1.88x indicates adequate short-term liquidity to meet obligations in next 12 months. ChatGPT: Revenue growth of 13.1% YoY indicates continued demand and execution strength. Liquidity appears sound with a 1.78x current ratio and meaningful cash on hand.
What are the risks of investing in CTRI?
Claude: Structural unprofitability: negative net margin (-1.3%) and operating margin (-0.7%) despite revenue growth indicates fundamental business model dysfunction rather than temporary challenges. Negative operating cash flow (-$35M) means the business cannot generate cash from core operations and is dependent on external financing or asset sales. ChatGPT: Net income declined slightly despite strong revenue growth, signaling weak operating leverage. Margins are very thin across the business, with just 3.1% operating margin and 0.8% net margin.
What is CTRI's revenue and growth?
Centuri Holdings, Inc. reported revenue of $723.2M.
Does CTRI pay dividends?
Centuri Holdings, Inc. does not currently pay dividends.
Where can I find CTRI SEC filings?
Official SEC filings for Centuri Holdings, Inc. (CIK: 0001981599) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CTRI's EPS?
Centuri Holdings, Inc. has a diluted EPS of $-0.09.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CTRI's fundamental grade?
Based on our AI fundamental analysis in June 2026, Centuri Holdings, Inc. has a C grade with 83% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is CTRI stock overvalued or undervalued?
Valuation metrics for CTRI: ROE of -1.1% (sector avg: 14%), net margin of -1.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is CTRI's AI grade for 2026?
Our dual AI analysis gives Centuri Holdings, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CTRI's free cash flow?
Centuri Holdings, Inc.'s operating cash flow is $-35.0M, with capital expenditures of $20.2M. FCF margin is -7.6%.
How does CTRI compare to other Energy stocks?
Vs Energy sector averages: Net margin -1.3% (avg: 12%), ROE -1.1% (avg: 14%), current ratio 1.88 (avg: 1.3).