Centuri Holdings, Inc. (CTRI) is a Utilities stock trading at $21.36 (as of 2026-08-21), with a market capitalization of $2.16B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Centuri Holdings, Inc. operates as a utility infrastructure services company in North America. The company operates through four segments: U.S. Gas Utility Services; Canadian Gas Utility Services; Union Electric Utility Services; and Non-Union Electric Utility Services. It offers gas utility services, including maintenance, replacement, repair, and installation for local natural gas distribution utilities focused on the modernization of customers' infrastructure. The company also provides electric utility services encompassing maintenance, replacement, repair, upgrade, and expansion services for urban transmission and local distribution infrastructure. Its customers include electric, gas, and combination utility providers, as well as serves end markets, such as renewable energy, data centers, and 5G datacom. The company was founded in 1909 and is headquartered in Phoenix, Arizona. Centuri Holdings, Inc. is a subsidiary of Southwest Gas Holdings, Inc.
Centuri Holdings provides utility infrastructure services for natural gas distribution and electric utilities, including maintenance, replacement, repair, installation, and modernization work, and it makes money by delivering these contracted services for utility customers across its U.S. gas, Canadian gas, union electric, and non-union electric service lines.
The profit model is driven by contracted utility services that tie ongoing revenue to customer awards and master service agreement renewals, which then support maintenance and upgrade execution across its gas and electric service segments.
| US Gas | $0.3B |
| Canada Gas | $0.1B |
| Union Electric | $0.2B |
| Non-Union Electric | $0.1B |
Business quality (Weak): Profitability is weak, with gross margin at 4.9% and operating margin at -0.7% for the period ending 2026-03-29, so investors should focus on whether contract renewal and bid activity can translate into improved operating results.
Valuation: At 84× earnings, CTRI trades 283% above the Utilities average (22×). Note: one-time items can distort reported P/E.
| Price | $21.36 |
| Market Cap | $2.16B |
| EV / EBITDA | 11.6 |
| Price / Book | 2.48 |
| Price / Sales | 0.66 |
| FCF Yield | -11.5% |
| DCF Value (model) | $4.26 |
| DCF Upside vs Price | -80.1% |
| Revenue (TTM) | $2.98B |
| Net Margin | 0.8% |
| Revenue Growth (YoY) | 13.1% |
| EPS Growth (YoY) | -412.5% |
| FCF Growth (YoY) | -113.9% |
| Altman Z-Score | 2.33 (grey) |
| Piotroski F-Score | 6/9 (moderate) |
| Sector P/E (Utilities) | 20.8 |
| Industry P/E (Utilities) | 20.1 |
| Top Institutional Holder | ICAHN CARL C ($418.76M) |
| Institutional Holders Tracked | 10 |
| Sector | Utilities |
| Industry | Utilities |
| CEO | Christian Ian Brown |
| Employees | 8,687 |
| Country | US |
| IPO Date | 2024-04-18 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.