Is the business good?
How good a business is CTRI?
Centuri Holdings, Inc. earns 5.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
5.2%
Return on invested capital · cost of capital 9.0% · 3.8 points below what the capital costs: growth destroys value
- Operating margin
- 3.2%
Operating margin · Utilities - Regulated Gas median 22% · 12 months to Q1 2026
- Cash conversion
- −1.81×
Cash conversion · some of the reported profit has not turned into cash yet
- Share count, year on year
- +14%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2022 | −3.7% |
| FY2023 | −2.7% |
| FY2024 | 3.3% |
| FY2025 | 3.1% |
Details›
- Gross margin12 months to Q1 2026
- 8.3%
- Operating margin12 months to Q1 2026
- 3.2%
- Net margin12 months to Q1 2026
- 0.98%
- Free cash flow margin
- −1.8%
- Revenue, trailing twelve months
- $3.16B
- Free cash flow, trailing twelve months
- −$56M
- Net income, trailing twelve months
- $31M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Utilities - Regulated Gas
Ranks #5 of 13 by Smart Score