Welcome to our dedicated page for Centuri Holdings news (Ticker: CTRI), a resource for investors and traders seeking the latest updates and insights on Centuri Holdings stock.
Centuri Holdings, Inc. reports news on its North American utility and energy infrastructure services business, including work for regulated utilities across the United States and Canada. Company updates commonly cover financial results, backlog, bookings, customer awards, and Master Service Agreements tied to natural gas distribution, electric transmission and distribution, smart utility infrastructure, storm restoration, and related construction and maintenance services.
Centuri news also includes strategic initiatives, renewable-energy infrastructure collaborations through operating platforms such as Riggs Distler and Connect Utility Services, capital actions, acquisitions that expand service capabilities, and board or executive governance changes.
Centuri (NYSE: CTRI) announced more than $300 million in new commercial awards across gas, electric, and broader energy infrastructure services in the U.S. and Canada.
About 87% of the value is from new or expanded MSAs, 13% from renewals. Year-to-date 2026 commercial awards total about $1.7 billion, and Centuri now expects a book-to-bill of roughly 1.2x for the year. The company is also negotiating approximately $400 million of additional potential awards, including data center-related work, and highlighted a new award generated through its recent Canadian acquisition.
Centuri (NYSE: CTRI) announced participation in several second quarter 2026 investor conferences across major U.S. cities. Senior leaders, including the CEO, CFO, and VP of Investor Relations, are expected to attend, and a replay of the Wells Fargo event will be available on the company’s IR website.
Centuri (NYSE: CTRI) reported Q1 2026 revenue of $723.2M (+31% YoY) and gross profit of $35.8M (+76% YoY). Base Revenue was $688.7M and Base Gross Profit $28.0M. Backlog reached a record $6.5B (+44% YoY). Management introduced 2025–2029 targets including Base Revenue CAGR of 10–15% and a 2029 Base Gross Profit Margin target of 8.7–9.7%.
Centuri reiterated 2026 guidance: Revenue $3.24–3.54B, Base Gross Profit $255–285M, Adjusted EBITDA $280–310M, and expects Net CapEx $75–90M.
Centuri Holdings (NYSE: CTRI) will report Q1 2026 results after market close on Wednesday, May 6, 2026. The company will host an earnings conference call on Thursday, May 7, 2026 at 10:00 AM ET / 7:00 AM PT to discuss results, long-term strategy, and financial targets.
Speakers include Christian Brown, President & CEO, and Greg Izenstark, CFO. The call will be webcast live at https://investor.centuri.com. A replay will be available by dialing (800) 770-2030 with passcode 9636985# for one month starting about one hour after the call.
Riggs Distler, Smulders, and Cherubini Bridges & Structures signed a strategic Teaming Agreement to support fabrication and delivery of offshore wind infrastructure in Nova Scotia. The collaboration combines U.S., European, and Canadian fabrication capabilities to accelerate a domestic supply chain and support Canada’s 5 GW by 2030 offshore wind target.
Cherubini offers more than 250,000 sq ft of fabrication space with quayside access; the partners cite over 200 years of combined experience and local execution via Riggs’ Centuri platform and Connect Utility Services.
Centuri (NYSE: CTRI) announced more than $345 million in new commercial awards on April 9, 2026, spanning natural gas and electric infrastructure across the U.S.
About 70% of the award value is new or expanded MSAs and 30% are renewals; year-to-date commercial awards are nearly $1.4 billion.
Centuri Holdings (NYSE:DY) appointed Steven Nielsen as an independent director on March 20, 2026. Nielsen served as Chairman and CEO of Dycom from 2000–2024, growing revenue from under $200 million to over $4.5 billion. He will stand for election at Centuri's 2026 Annual Meeting. With this appointment, the Board expands to nine members.
The company said Nielsen brings decades of specialty contracting and large-scale operations experience to support Centuri's growth as a utility and energy infrastructure services provider.
Centuri (NYSE: CTRI) reported record fiscal 2025 revenue of $2.98 billion and fourth-quarter revenue of $858.6 million, with full-year Adjusted EBITDA of $249.0 million. Key operational highlights include $4.5 billion of 2025 bookings, a year-end backlog of $5.9 billion (up 59% YoY), and a reduced Net Debt to Adjusted EBITDA of 2.5x.
Management provided 2026 guidance: Base Revenue $3.15–3.45 billion, Revenue $3.24–3.54 billion, Adjusted EBITDA $280–310 million, and Adjusted Net Income $55–75 million; guidance incorporates three-year storm restoration averages.
Centuri (NYSE: CTRI) announced it secured over $300 million in commercial awards on February 11, 2026, bringing year-to-date bookings to more than $1 billion. Approximately 67% of awards are new work and 33% are MSA renewals.
Work focuses on modernization of natural gas distribution across the Midwest and Northeast, includes a new major geographic area with a longstanding utility client, cast-iron pipe replacement in an urban center, and industrial project work for a Midwest electric cooperative.
Centuri Holdings (NYSE: CTRI) will report fourth quarter and full year 2025 financial results on Wednesday, February 25, 2026. The company will host an earnings conference call at 10:00 AM ET / 8:00 AM MT with CEO Christian Brown and CFO Gregory Izenstark.
The call will be webcast live on the investor relations site and a replay will be available by phone (passcode 40988#) for one month.