Stantec (STN)
Market Price (12/27/2025): $96.51 | Market Cap: $11.0 BilSector: Industrials | Industry: Construction & Engineering
Stantec (STN)
Market Price (12/27/2025): $96.51Market Cap: $11.0 BilSector: IndustrialsIndustry: Construction & Engineering
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.3%, FCF Yield is 7.3% | Weak multi-year price returns2Y Excs Rtn is -21% | Key risksSTN key risks include [1] margin and execution challenges arising from the integration of disparate cultures and systems of acquired companies as part of its global expansion strategy. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% | ||
| Low stock price volatilityVol 12M is 27% | ||
| Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable & Green Buildings. Themes include Water Treatment & Delivery, Wastewater Management, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.3%, FCF Yield is 7.3% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable & Green Buildings. Themes include Water Treatment & Delivery, Wastewater Management, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -21% |
| Key risksSTN key risks include [1] margin and execution challenges arising from the integration of disparate cultures and systems of acquired companies as part of its global expansion strategy. |
Why The Stock Moved
Qualitative Assessment
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Stantec (STN) experienced an approximate stock price decline of 11.4% between August 31, 2025, and December 27, 2025, driven by a combination of market sentiment and external factors. Despite reporting strong financial results during this period, several points contributed to the downward movement:
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<b>1. Macro-economic uncertainty:</b> Even with Stantec's robust third-quarter 2025 results, which surpassed expectations in revenue and earnings, broader macro-economic uncertainty weighed on investor sentiment, leading to a muted market reaction.
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<b>2. Slower U.S. procurement cycles:</b> Concerns over slower procurement cycles in the United States were identified as a factor tempering investor enthusiasm, despite the company's strong fundamentals and performance.
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<b>3. Integration risk of the Page acquisition:</b> The completion of the Page acquisition in July 2025, which positioned Stantec as the second-largest architecture firm in the U.S., introduced integration risk that contributed to investor caution.
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<b>4. Analyst rating adjustment:</b> In mid-August 2025, Wall Street Zen downgraded Stantec's stock rating from a "strong-buy" to a "buy," which could have influenced investor perception and contributed to selling pressure.
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<b>5. Valuation concerns and technical signals:</b> While the company demonstrated strong financial performance, some analyses in August 2025 noted that valuation concerns slightly tempered the outlook. Furthermore, by late December 2025, technical indicators suggested negative signals and a falling trend, with some forecasts predicting a further drop in stock value and classifying it as a "Strong Sell" candidate by one analysis.
Show moreStock Movement Drivers
Fundamental Drivers
The -9.4% change in STN stock from 9/26/2025 to 12/26/2025 was primarily driven by a -18.2% change in the company's P/E Multiple.| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 106.06 | 96.11 | -9.38% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7776.80 | 7987.90 | 2.71% |
| Net Income Margin (%) | 5.62% | 6.05% | 7.79% |
| P/E Multiple | 27.70 | 22.67 | -18.15% |
| Shares Outstanding (Mil) | 114.07 | 114.07 | 0.00% |
| Cumulative Contribution | -9.38% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| STN | -9.4% | |
| Market (SPY) | 4.3% | 59.0% |
| Sector (XLI) | 3.0% | 60.0% |
Fundamental Drivers
The -12.0% change in STN stock from 6/27/2025 to 12/26/2025 was primarily driven by a -30.0% change in the company's P/E Multiple.| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 109.18 | 96.11 | -11.97% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7702.20 | 7987.90 | 3.71% |
| Net Income Margin (%) | 4.99% | 6.05% | 21.25% |
| P/E Multiple | 32.39 | 22.67 | -30.00% |
| Shares Outstanding (Mil) | 114.07 | 114.07 | 0.00% |
| Cumulative Contribution | -11.97% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| STN | -12.0% | |
| Market (SPY) | 12.6% | 52.8% |
| Sector (XLI) | 7.5% | 52.2% |
Fundamental Drivers
The 21.4% change in STN stock from 12/26/2024 to 12/26/2025 was primarily driven by a 29.6% change in the company's Net Income Margin (%).| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 79.18 | 96.11 | 21.39% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7149.50 | 7987.90 | 11.73% |
| Net Income Margin (%) | 4.67% | 6.05% | 29.57% |
| P/E Multiple | 27.04 | 22.67 | -16.14% |
| Shares Outstanding (Mil) | 114.07 | 114.07 | 0.00% |
| Cumulative Contribution | 21.39% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| STN | 21.4% | |
| Market (SPY) | 15.8% | 53.1% |
| Sector (XLI) | 18.3% | 57.4% |
Fundamental Drivers
The 109.0% change in STN stock from 12/27/2022 to 12/26/2025 was primarily driven by a 70.3% change in the company's Net Income Margin (%).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 45.98 | 96.11 | 109.02% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 5349.00 | 7987.90 | 49.33% |
| Net Income Margin (%) | 3.55% | 6.05% | 70.32% |
| P/E Multiple | 26.79 | 22.67 | -15.35% |
| Shares Outstanding (Mil) | 110.74 | 114.07 | -3.01% |
| Cumulative Contribution | 108.83% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| STN | 22.5% | |
| Market (SPY) | 48.0% | 49.9% |
| Sector (XLI) | 41.3% | 53.8% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| STN Return | 17% | 75% | -14% | 69% | -1% | 23% | 260% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| STN Win Rate | 75% | 67% | 33% | 67% | 58% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| STN Max Drawdown | -24% | -1% | -27% | -0% | -4% | -5% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | STN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -28.3% | -25.4% |
| % Gain to Breakeven | 39.5% | 34.1% |
| Time to Breakeven | 287 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -32.2% | -33.9% |
| % Gain to Breakeven | 47.5% | 51.3% |
| Time to Breakeven | 112 days | 148 days |
| 2018 Correction | ||
| % Loss | -28.0% | -19.8% |
| % Gain to Breakeven | 38.9% | 24.7% |
| Time to Breakeven | 97 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -67.4% | -56.8% |
| % Gain to Breakeven | 206.9% | 131.3% |
| Time to Breakeven | 1,514 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Stantec's stock fell -28.3% during the 2022 Inflation Shock from a high on 12/7/2021. A -28.3% loss requires a 39.5% gain to breakeven.
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AI Analysis | Feedback
Analogy 1:
It's like a Deloitte or PwC, but for engineering, architecture, and environmental design instead of financial or IT consulting.
Analogy 2:
Imagine the company that designs all the roads, bridges, water systems, and buildings that make up a modern city or country – like the "master architects and engineers" for the built world, similar to a global firm like AECOM or Jacobs Engineering.
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- Engineering & Design for Buildings: Provides architectural, structural, mechanical, electrical engineering, and interior design services for various building types including commercial, residential, healthcare, and educational facilities.
- Transportation Infrastructure Services: Offers planning, design, and engineering solutions for diverse transportation projects such as roads, bridges, airports, ports, and public transit systems.
- Water & Wastewater Management Services: Delivers consulting, engineering, and design for water supply, treatment, distribution, and wastewater collection and treatment systems, including storm water management and flood control.
- Environmental Consulting & Remediation: Supplies services for environmental impact assessment, permitting, site remediation, monitoring, and sustainability planning across various industries.
- Energy & Resources Sector Services: Specializes in engineering and consulting for power generation, transmission and distribution, renewable energy, mining, and oil & gas projects.
- Community Development & Urban Planning: Encompasses master planning, landscape architecture, land surveying, and site engineering services for urban revitalization, new community developments, and public spaces.
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Stantec (symbol: STN) primarily sells its professional consulting, design, and engineering services to other companies and governmental entities (Business-to-Business and Business-to-Government).
Due to the diversified and project-based nature of its work across numerous sectors and geographies, Stantec does not typically disclose individual "major customers" that consistently account for a significant percentage of its annual revenue. The company works with thousands of clients globally each year, and no single client is reported to represent 10% or more of its revenue. Therefore, specific names of major customer companies with their symbols cannot be provided.
However, its primary customer base, representing its major types of customers, includes:
- Governmental Entities: This broad category includes municipal, provincial/state, and federal governments and their agencies across North America and internationally. These clients commission Stantec for public infrastructure projects (e.g., transportation networks, water and wastewater systems), environmental services, and public facilities (e.g., schools, hospitals, civic buildings).
- Public and Private Utilities: Clients in this category include water authorities, power generation and distribution companies (e.g., electric utilities, gas utilities), and other public service providers. They engage Stantec for the planning, design, and management of essential utility infrastructure and related environmental services.
- Private Sector Corporations and Developers: This diverse group encompasses companies across various industries, such as:
- Real Estate Developers: For commercial, residential, and mixed-use building projects, land development, and urban planning.
- Healthcare Systems and Providers: For the design and engineering of hospitals, clinics, medical research facilities, and other healthcare infrastructure.
- Educational Institutions: For campus planning, facility design, and infrastructure upgrades for universities, colleges, and K-12 schools.
- Resource Companies: Operating in sectors like mining, oil & gas, and renewable energy (e.g., wind farms, solar projects), seeking expertise for project development, environmental impact assessments, and regulatory compliance.
- Industrial and Manufacturing Companies: For facility design, operational efficiency improvements, and environmental management services.
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Gord Johnston President & Chief Executive Officer
Gord Johnston joined Stantec in 1990 and has nearly 30 years of experience in the private and public sectors, focusing on the design and project management of infrastructure projects globally. He progressed through various leadership roles, including Water business line leader and executive vice president of the Infrastructure business operating unit, before becoming President and CEO in January 2018. Johnston has been actively involved in Stantec's acquisition and integration efforts, notably with MWH Global, the company's largest acquisition to date. He holds Bachelor of Science and Master of Engineering degrees in civil engineering from the University of Alberta. Furthermore, he completed the Harvard Business School's Leading Professional Services Firms program and the Financial Literacy program for Directors and Executives at the University of Toronto's Rotman School of Management. Johnston has also served on the board of directors for ACEC Canada and as past-president of the Consulting Engineers of Alberta.
Vito Culmone Executive Vice President & Chief Financial Officer
Vito Culmone was appointed Executive Vice President and Chief Financial Officer of Stantec, effective September 3, 2024, succeeding Theresa Jang. He brings over 35 years of financial leadership experience across diverse industries, including aviation, telecommunications, fleet management, and space technology. Prior to joining Stantec, Culmone served as CFO at MDA Space for three and a half years. His previous roles include EVP for finance and CFO at Element Fleet Management, Shaw Communications, and WestJet. Culmone began his career at Price Waterhouse (now PwC) in audit and tax, where he became a chartered accountant. He holds a Bachelor of Commerce degree from the University of Toronto and is a Chartered Professional Accountant and a Fellow of the Chartered Professional Accountants of Ontario. He also serves as a board member and chair of the audit committee for EPCOR.
John Take Executive Vice President, Chief Growth & Innovation Officer
John Take serves as Stantec's Executive Vice President and Chief Growth & Innovation Officer.
Asifa Samji Executive Vice President, Chief Human Resources Officer
Asifa Samji is an Executive Vice President and Stantec's Chief Human Resources Officer, responsible for all human resources functions, including the attraction, retention, and development of the Company's teams. Before her current role, she was the business leader for revenue growth in the Environmental Services business. Samji was recognized with the Women's Executive Network's 2015 Canada's Most Powerful Women Top 100 Award.
Susan Reisbord Executive Vice President, Chief Operating Officer – North America
Susan Reisbord holds the position of Executive Vice President, Chief Operating Officer – North America at Stantec.
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Key Risks to Stantec (STN)
- Acquisition and Integration Risks: As Stantec pursues global expansion through acquisitions, it faces inherent integration challenges. These include the potential for cultural misalignment and inefficiencies when combining disparate project-management systems, which could negatively impact margins and hinder strategic execution.
- Intense Competition: Stantec operates in a highly competitive market, contending with both large global engineering firms and specialized local consultancies. This intense competition poses a risk to the company's pricing power and its ability to consistently secure new contracts.
- Macroeconomic and Geopolitical Risks: Stantec is susceptible to broader macroeconomic factors, market fluctuations, and geopolitical events. These risks encompass potential economic downturns, decreased spending in both the private and public sectors, and shifts in market conditions that could adversely affect demand for Stantec's services.
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Stantec (symbol: STN) operates across several key professional services sectors, with addressable markets varying by service and geographic region. The company provides consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.
Environmental Consulting Services
- North America: The environmental consulting services market in North America is projected to grow from US$22,461.15 million in 2023 to US$39,436.49 million by 2031, with a compound annual growth rate (CAGR) of 7.3%. In 2024, North America accounted for 35.93% of the global environmental consulting market share.
- Global: The global environmental consulting market size is estimated at USD 46.50 billion in 2025 and is projected to reach USD 62.25 billion by 2030, advancing at a 6.01% CAGR. The market was over USD 51.8 billion in 2025 and is poised to exceed USD 100.01 billion by 2035, growing at over 6.8% CAGR.
Engineering and Design Services (General)
- Global: The global engineering design service market size was valued at approximately $45 billion in 2023 and is projected to reach around $85 billion by 2032, exhibiting a CAGR of 7%. Another estimate for the global engineering design service market size was USD 90.63 billion in 2024, projected to reach USD 148.62 billion by 2032, growing at a CAGR of 4.20%.
- Global: The broader global engineering services market is estimated at US$1,801.75 billion in 2024 and is projected to expand at a 7.6% CAGR to reach US$3,756.09 billion by the end of 2034. Other estimates place the global engineering services market size at USD 3,419.59 billion in 2024, projected to reach USD 4,722.7 billion by 2030 (CAGR of 5.7%). It grew from USD 1.66 trillion in 2024 to USD 1.77 trillion in 2025 and is projected to reach USD 2.84 trillion by 2032, at a CAGR of 6.93%.
Water Infrastructure Engineering and Consulting
- Global: The Water Infrastructure Construction Market size was valued at USD 69.9 billion in 2023 and is projected to reach USD 107.3 billion by 2030, growing at a CAGR of 13.8%.
- Global: The global water infrastructure repair technologies market size was worth around USD 70.17 billion in 2024 and is predicted to grow to around USD 166.43 billion by 2034, with a CAGR of roughly 8.3%. The water infrastructure repair technologies market size has grown from $80 billion in 2024 to $85.96 billion in 2025 (CAGR of 7.5%) and is expected to grow to $116.75 billion in 2029 (CAGR of 8%).
- Global: The global water infrastructure consulting market size was valued at USD 12 billion in 2023 and is forecasted to reach USD 20.4 billion by 2032, growing at a CAGR of 5.9%. The global water engineering services market size is $25.4 billion (as of 2025 Global Report), with $30.2 billion in revenue generated from engineering services for water collection, distribution, treatment, and disposal system projects for 195 countries, with forecasts for 2025 and 2029.
Transportation Infrastructure Engineering and Construction
- North America: The North America Transportation Infrastructure Construction Market size is estimated at USD 287.27 billion in 2025 and is expected to reach USD 362.13 billion by 2030, growing at a CAGR of 4.74%. Another estimate indicates the market was valued at US$214.3 billion in 2024 and is expected to reach around USD 272.4 billion by 2032, growing at a CAGR of 3.04%. It was valued at US$211.8 billion in 2023 and is projected to reach a market valuation of US$288.6 billion by 2032, at a CAGR of 3.5%.
- Global: The Global Transportation Infrastructure Market is projected to be USD 690.4 billion in 2024 and is expected to increase to USD 1334.1 billion by 2035, with a CAGR of 6.17% from 2025 to 2035.
Buildings Engineering, Architecture, and Construction Services
- Global: The global Architectural Engineering and Construction Solutions Market size was USD 8.77 billion in 2024 and is expected to reach USD 18.82 billion by 2033, growing at a CAGR of about 8.8%.
- Global: The global architectural, engineering consultants and related services market grew from $1,456.69 billion in 2022 to $1,525.79 billion in 2023, with a CAGR of 4.7%. It is expected to grow to $1,773.06 billion in 2027, with a CAGR of 3.8%. The Architectural, Engineering, And Construction Services Market was valued at USD 109.2 billion in 2023 and is expected to reach USD 390.8 billion by 2032, growing at a CAGR of 15.24%.
- Global: The global architectural services market value was $376.08 billion in 2023 and is forecast to grow at a CAGR of 4.9% from 2024 to 2030.
- U.S.: The architectural services market in the U.S. is forecast to grow at a CAGR of 4.2% from 2024 to 2030.
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Expected Drivers of Future Revenue Growth for Stantec (STN)
Stantec (STN) is poised for future revenue growth over the next two to three years, driven by a combination of strategic acquisitions, organic expansion in key markets, significant public infrastructure spending, a robust contract backlog, and a focused approach on strategic growth initiatives. Key drivers include:- Strategic Acquisitions: Stantec has consistently leveraged strategic acquisitions to fuel its growth. The company completed several strategic acquisitions in Q2 2025, including Page, Ryan Hanley, and Cosgroves, which contributed to an increased 2025 net revenue outlook. Stantec's 2024-2026 Strategic Plan emphasizes a disciplined approach to accretive acquisitions as a key growth strategy.
- Organic Growth in Core Sectors and Geographies: The company anticipates continued organic revenue growth across its operational regions and business units. Stantec expects mid-to-high single-digit organic growth in Canada and its Global operations, and mid-single-digit growth in the U.S. This growth is fueled by strong demand in critical sectors such as water, transportation, energy transition, and mission-critical projects.
- Public Infrastructure Spending and Supportive Government Policies: Stantec benefits from secular tailwinds driven by aging infrastructure and substantial public infrastructure spending across its primary markets. Government policies in the U.S., Canada, the UK, and Germany are supporting new water projects and broader infrastructure upgrades, thereby increasing demand for Stantec's design and engineering services.
- Strong and Growing Contract Backlog: A significant and expanding contract backlog provides a clear indicator of future revenue. As of Q2 2025, Stantec reported a contract backlog of $7.9 billion, representing a 9.9% year-over-year increase, including 9% organic growth. This strong backlog offers considerable revenue visibility for the coming years.
- Focus on Strategic Growth Initiatives: Stantec's 2024-2026 Strategic Plan outlines three key initiatives to drive organic growth: Climate Solutions, Communities and Infrastructure of the Future, and Future Technology. These initiatives are designed to align with global trends and client challenges, forming a foundational element of Stantec's future revenue generation.
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Share Repurchases
- In 2023, Stantec repurchased 129,036 common shares at an average price of C$77.25, totaling C$10 million.
- No shares were repurchased in 2024 as the company strategically focused on acquisitions.
- Stantec received TSX approval to renew its Normal Course Issuer Bid (NCIB), authorizing the repurchase of up to 2,281,339 common shares (approximately 2% of outstanding shares) between December 13, 2024, and December 12, 2025.
Share Issuance
- In November 2023, Stantec completed a public offering of 3,108,450 common shares, including the over-allotment option, at $92.50 per share, raising approximately $287.5 million in gross proceeds. The proceeds were intended to create additional capacity on its revolving credit facility for future acquisition opportunities and growth initiatives.
Outbound Investments
- In 2024, Stantec acquired several firms including Hydrock (UK), Morrison Hershfield (Canada/US), and ZETCON Engineering (Germany), collectively adding over 2,700 skilled workers in the first four months of the year.
- In 2021, Stantec deployed over $700 million to complete six acquisitions, notably including Cardno, which significantly expanded its presence in Australia and boosted its Environmental Services offering in the United States.
- Stantec signed an agreement to acquire Page, a 1,400-person architecture and engineering firm, in April 2025. This acquisition is expected to position Stantec as the second-largest architecture firm in the US and strengthen its position as the largest integrated engineering and architecture firm in North America.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can Stantec Stock Really Go? | Return | |
| Fundamental Metrics: ... |
| Title | |
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| ARTICLES |
Trade Ideas
Select ideas related to STN. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
Research & Analysis
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Peer Comparisons for Stantec
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 87.13 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 13.3% |
| Op Mgn 3Y Avg | 12.3% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 15.7% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 14.1% |
| FCF/Rev 3Y Avg | 13.0% |
Price Behavior
| Market Price | $96.11 | |
| Market Cap ($ Bil) | 11.0 | |
| First Trading Date | 08/05/2005 | |
| Distance from 52W High | -15.5% | |
| 50 Days | 200 Days | |
| DMA Price | $101.69 | $101.51 |
| DMA Trend | up | down |
| Distance from DMA | -5.5% | -5.3% |
| 3M | 1YR | |
| Volatility | 23.4% | 26.8% |
| Downside Capture | 141.38 | 83.18 |
| Upside Capture | 65.46 | 90.21 |
| Correlation (SPY) | 57.5% | 53.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.22 | 1.01 | 1.11 | 1.00 | 0.72 | 0.75 |
| Up Beta | 0.04 | 0.34 | 0.36 | 0.88 | 0.65 | 0.71 |
| Down Beta | 1.82 | 1.43 | 1.24 | 1.19 | 0.61 | 0.72 |
| Up Capture | 15% | 47% | 70% | 63% | 78% | 60% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 8 | 21 | 31 | 66 | 131 | 395 |
| Down Capture | 210% | 139% | 163% | 124% | 90% | 90% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 11 | 20 | 31 | 59 | 117 | 353 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of STN With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| STN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.8% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 26.7% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.71 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 57.4% | 53.0% | 7.3% | 9.2% | 40.4% | 16.4% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of STN With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| STN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 25.9% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 23.8% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.95 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 55.9% | 53.7% | 11.9% | 15.1% | 40.9% | 19.8% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of STN With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| STN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 15.9% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 25.6% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.60 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 53.6% | 53.1% | 5.8% | 25.8% | 40.5% | 11.9% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11132025 | 6-K 9/30/2025 |
| 6302025 | 8132025 | 6-K 6/30/2025 |
| 3312025 | 5142025 | 6-K 3/31/2025 |
| 12312024 | 2252025 | 40-F 12/31/2024 |
| 9302024 | 11072024 | 6-K 9/30/2024 |
| 6302024 | 8072024 | 6-K 6/30/2024 |
| 3312024 | 5082024 | 6-K 3/31/2024 |
| 12312023 | 2282024 | 40-F 12/31/2023 |
| 9302023 | 11092023 | 6-K 9/30/2023 |
| 6302023 | 8092023 | 6-K 6/30/2023 |
| 3312023 | 5102023 | 6-K 3/31/2023 |
| 12312022 | 2222023 | 40-F 12/31/2022 |
| 9302022 | 11102022 | 6-K 9/30/2022 |
| 6302022 | 8102022 | 6-K 6/30/2022 |
| 3312022 | 5112022 | 6-K 3/31/2022 |
| 12312021 | 2232022 | 40-F 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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