CENTURI HOLDINGS, INC. (CTRI)
NYSEUtilitiesRegulated GasSnapshot 2026-09-04
$20.54+0.15%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-09-04
QuarterlyIQ Insights · CTRI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within utilities on a research-validated quality screen. As of 2026-09-04.
The screen ranks CTRI against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated weak grew net income 58% of the time over the next year (vs 69% for the rest of the cohort, n=1101).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow revenue and backlog through broad-based segment growth and new contract awards.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $723.2 million in 2026-Q1 to $962.0 million in 2026-Q2, a 33% increase year-over-year. Backlog expanded to approximately $6.4 billion at 2026-Q2, up 8% from year-end 2025. Management is delivering on growth and backlog expansion with broad-based segment strength.
“Second quarter results reflect tremendous year-over-year growth, including record quarterly revenue and backlog expansion.”
“First quarter results reflect tremendous year-over-year growth, meaningful progress mitigating winter seasonality, and continued commercial momentum.”
Target a book-to-bill ratio of approximately 1.2x for full year 2026 to ensure revenue coverage and backlog growth.
Stated as a priority in 2 of last 2 quarters. Management targets a book-to-bill ratio of approximately 1.2x for full year 2026. Year-to-date bookings reached $2.2 billion with a 1.3x book-to-bill ratio at 2026-Q2, indicating progress toward the target. The trajectory is delivering on this operational metric.
“For full year 2026, the Company is targeting a book-to-bill ratio of approximately 1.2x.”
Complete integration of JJ White acquisition to expand scale, capabilities, and end-market presence.
Newly stated in 2026-Q2. The acquisition of JJ White closed in July 2026, adding approximately $315 million backlog and $2.8 billion opportunity pipeline. Management expects over $20 million in annual gross profit contribution. Integration is at an early stage but expected to be accretive.
Focus on margin expansion with a forecasted Base Gross Profit Margin of approximately 9.0% in second half 2026.
Stated as a priority in 2 of last 2 quarters. Trailing 12-month Base Gross Profit Margin improved from 7.4% in 2025-Q2 to 7.8% in 2026-Q2. Management forecasts approximately 9.0% margin for second half 2026, consistent with their Vision One Centuri strategy. The trajectory shows progress toward margin expansion.
Control capital expenditures to remain within $60 to $75 million for full year 2026.
Stated as a priority in 2 of last 2 quarters. Capital expenditure guidance was narrowed from $75-$90 million in 2026-Q1 to $60-$75 million in 2026-Q2. This reflects management's focus on disciplined capital allocation. The trajectory shows a tightening of capex expectations consistent with stated priorities.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
20 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Utilities names rated neutral grew net income 71% of the time over the next year (vs 64% for the rest of the cohort, n=224).
Not investment advice. As of 2026-09-04.
“For 2026, the Company is targeting a book-to-bill ratio of 1.1x to 1.2x.”
“Closed the acquisition of JJ White, adding scale and key capabilities to the Union Electric segment.”
“For the second half of 2026, we forecast the overall Base Gross Profit Margin to be approximately 9.0%.”
“Introduced long-term Base Gross Profit Margin target of 8.7% to 9.7% by 2029.”
“The Company expects Net Capital Expenditures of $60 to $75 million in 2026.”
“The Company expects Net Capital Expenditures of $75 to $90 million in 2026.”