Centuri Holdings Inc. Common Stock (CTRI)

FairStock Score: 38/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn good returns on capital and can be bought below intrinsic value. Centuri is a utility infrastructure contractor, not a regulated utility with a protected stream. In fiscal 2025, revenue was $3.0B and net income $22.4M, or diluted EPS $0.25. Fiscal 2024 revenue was $2.6B with a net loss of $6.7M, and fiscal 2023 had a net loss of $186.2M. The latest filed quarter, fiscal Q2 2026 ended 2026-06-28, produced revenue of $962.0M and net income of $6.1M, or diluted EPS $0.06. That is wafer-thin profitability. FairStock's calculations show ROE of 4.03%, ROCE of 2.82%, debt-to-equity of 1.08, and trailing free cash flow of -$15.2M. At the $20.78 close on 2026-10-13, FairStock puts the P/E at 62.97, P/B at 2.41, and Graham Number at $8.00, implying a -159.75% margin of safety. The Piotroski F-Score of 7/9 is a modest positive, and the Lynch category is TURNAROUND because it returned to profit after losses. But an Altman Z-Score of 1.38 suggests financial stress, and profit growth is -24.26%. Revenue growth of 32.86% is encouraging, but growth without cash flow or returns is not enough. I would want consistent earnings, positive free cash flow, and lower leverage before calling this a bargain.

In plain English: Centuri builds and maintains gas and electric utility infrastructure in North America. It is large and sales are growing, but profits are very thin and the company had losses in recent years before a small profit. At the recent stock price, the shares look expensive compared with those small earnings and weak cash flow.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-28) · fiscal Q1 2026 10-Q (period ended 2026-03-29) · fiscal Q3 2025 10-Q (period ended 2025-09-28) · fiscal Q2 2025 10-Q (period ended 2025-06-29) · FY2025 10-K (period ended 2025-12-28) · FY2024 10-K (period ended 2024-12-29) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer