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STN

Stantec Inc.

STN

Stantec Inc. • NYSE
$96.56 ▲ 0.33% (+0.32)
Market Cap $11.01 B
52w High $114.52
52w Low $73.18
Dividend Yield 0.63%
P/E 31.97
Volume 67.43K
Outstanding Shares 114.07M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.14B ▲ $706M ▲ $150M ▲ 7.008% ▲ $1.32 ▲ $316.9M ▲
Q2-2025 $1.443B ▼ $440.773M ▼ $99.451M ▼ 6.893% ▲ $1.19 ▲ $205.66M ▼
Q1-2025 $1.924B ▼ $690.5M ▲ $100.1M ▲ 5.204% ▲ $0.88 ▲ $229.5M ▼
Q4-2024 $1.96B ▲ $663.8M ▲ $98M ▼ 5.001% ▼ $0.86 ▼ $239.4M ▼
Q3-2024 $1.929B $657.4M $103.2M 5.349% $0.9 $244.7M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $382.3M ▲ $8.12B ▲ $4.891B ▲ $3.23B ▲
Q2-2025 $363.7M ▲ $6.972B ▲ $3.929B ▲ $3.043B ▲
Q1-2025 $282.8M ▲ $6.939B ▼ $3.9B ▼ $3.039B ▲
Q4-2024 $254.7M ▼ $6.956B ▲ $4.011B ▼ $2.945B ▲
Q3-2024 $279.2M $6.939B $4.206B $2.733B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $150M ▲ $315.9M ▲ $-430.8M ▼ $123.8M ▲ $17M ▼ $301.6M ▲
Q2-2025 $135.4M ▲ $134M ▲ $-59.3M ▼ $34.5M ▲ $90.5M ▲ $115M ▲
Q1-2025 $100.1M ▲ $100.7M ▼ $-21.6M ▼ $-53.8M ▲ $25.5M ▲ $84.6M ▼
Q4-2024 $98M ▼ $306.8M ▲ $200K ▲ $-362M ▼ $-34M ▼ $303.7M ▲
Q3-2024 $103.2M $178.9M $-32.7M $-103M $44.3M $143.8M

Revenue by Products

Product Q2-2017
Corporate NonSegment
Corporate NonSegment
 $0 ▲
Las Vegas Operations
Las Vegas Operations
 $370.00M ▲
Operating Segments
Operating Segments
 $400.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Stantec’s income statement shows a business that has grown steadily and become more profitable over the past five years. Revenue has trended higher, especially in the most recent year, reflecting strong demand and the impact of acquisitions. Profitability has also improved over time, with earnings per share rising at a healthy pace. There is some year‑to‑year movement in operating profit, which is common for a project‑based engineering firm, especially one that is actively acquiring other companies. Overall, though, the direction of both sales and earnings has been positive, suggesting a business that is scaling up and generally maintaining good control over costs.

Balance Sheet

Balance Sheet The balance sheet reflects a company that has been growing its asset base and its equity while also making greater use of debt. Total assets and shareholders’ equity have increased meaningfully over the period, which is consistent with a strategy of expansion and acquisition. Debt levels have also moved higher, indicating that growth is being partly financed with borrowing. However, equity has risen alongside, which helps support the capital structure. Cash on hand is relatively modest, but not unusually low for a stable, service‑oriented business that generates solid cash flow. Overall, the balance sheet looks like that of a mature engineering firm actively investing for growth while keeping a reasonable balance between debt and equity.

Cash Flow

Cash Flow Cash generation is a clear strength. Stantec has produced positive operating cash flow every year in the period shown, and free cash flow has also remained consistently positive. Even in years when earnings were lower, the company still converted its operations into cash effectively. Capital spending has been steady and measured rather than aggressive, which supports cash preservation while still funding necessary investments. The pattern suggests a disciplined approach: grow, integrate acquisitions, and invest in tools and capabilities, but keep cash flow comfortably positive so the company can manage debt, pay dividends, and retain flexibility for future opportunities.

Competitive Edge

Competitive Edge Stantec appears to hold a strong competitive position in the engineering and design space, supported by several reinforcing advantages. It offers integrated services across planning, engineering, architecture, and environmental work, which makes it a one‑stop partner for complex projects. This breadth, combined with a large global footprint and strong local presence, helps win and retain clients. The company’s branding around sustainability is a major differentiator. It is seen as a leader in sustainable infrastructure and climate‑related work, which aligns well with long‑term trends in public and private investment. Strategic acquisitions have expanded its geographic reach and capabilities, positioning it as a top‑tier player in North America and increasingly in Europe. Risks remain typical for the sector: heavy competition from other global engineering firms, reliance on project pipelines and government or corporate infrastructure budgets, and the challenge of integrating many acquisitions smoothly while protecting margins.

Innovation and R&D

Innovation and R&D Innovation is a central part of Stantec’s strategy, even though it does not follow a classic “lab R&D” model. Instead, new technology is embedded directly into its project work through its Stantec.io digital platform. The company is actively using artificial intelligence, machine learning, and digital twin technology to improve design quality, speed, and predictive capabilities. Proprietary tools for analytics, infrastructure monitoring, and planning give it differentiated offerings that can deepen client relationships and support higher‑value work. Stantec is also leaning into high‑growth areas such as climate solutions, grid modernization, renewable energy, advanced manufacturing, and data‑center and healthcare infrastructure. This mix of digital innovation and sector focus could support above‑average growth, but it does require ongoing investment, careful talent management, and staying ahead of rapid technological and regulatory change.

Summary

Overall, Stantec looks like a steadily growing, well‑positioned engineering and design firm with a clear tilt toward sustainability and digital solutions. Financially, it has expanded revenue and earnings over time, grown its asset and equity base, and maintained solid cash generation, while taking on more debt to fund acquisitions. Strategically, it benefits from an integrated service model, a strong sustainability brand, global scale, and a clear focus on digital and climate‑related opportunities. Key things to watch include how well it continues to integrate acquisitions, maintain profit margins in a competitive, cyclical industry, and execute on its technology and sustainability strategy. If it manages these areas well, its existing backlog, brand, and digital capabilities put it in a favorable position within the engineering and infrastructure market.

NEWS

November 13, 2025 · 5:00 PM UTC

Stantec reports strong third quarter 2025 results, delivering over 17% growth in adjusted earnings per share

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October 9, 2025 · 9:00 AM UTC

Stantec Achieves One Million-Document Review in 30 Days with Exterro's Data Risk Management Platform and Integreon Review Services

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September 2, 2025 · 8:30 AM UTC

Stantec's Future Leaders Scholarship now accepting applications

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