Stantec (STN)
Market Price (7/6/2026): $70.1 | Market Cap: $8.0 BilSector: Industrials | Industry: Construction & Engineering
Stantec (STN)
Market Price (7/6/2026): $70.1Market Cap: $8.0 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 7.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 8.5% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% Low stock price volatilityVol 12M is 29% 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 -52%, 3Y Excs Rtn is -58% | 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 yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 8.5% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27% |
| Low stock price volatilityVol 12M is 29% |
| 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 -52%, 3Y Excs Rtn is -58% |
| 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. |
Qualitative Assessment
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Stantec (STN) stock has lost about 20% since 3/31/2026 because of the following key factors:
1. Significant decline in operating cash flows during fiscal Q1 2026. Stantec's operating cash flows decreased by $103.0 million, resulting in cash outflows of $2.3 million in fiscal Q1 2026 (ended March 31, 2026). This decline was primarily attributed to expected disruptions from the Page acquisition integration, particularly financial system migration, and an investment in net working capital driven by high organic revenue growth in the company's global region. The market's cautious response, despite an adjusted EPS beat for the quarter, may reflect concerns over these operational dynamics.
2. Broader macroeconomic headwinds contributing to market caution. Stantec has faced a challenging macroeconomic environment, which analysts highlight as a factor leading to potential revenue and margin declines and softer demand in key markets such as water, buildings, and infrastructure. General macro trends, including shifts in interest rates, inflation, and fiscal policy, are also influencing asset allocation and contributing to a more cautious market sentiment for companies in the sector.
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Stantec (STN) stock has lost about 20% since 3/31/2026 because of the following key factors:
1. Significant decline in operating cash flows during fiscal Q1 2026. Stantec's operating cash flows decreased by $103.0 million, resulting in cash outflows of $2.3 million in fiscal Q1 2026 (ended March 31, 2026). This decline was primarily attributed to expected disruptions from the Page acquisition integration, particularly financial system migration, and an investment in net working capital driven by high organic revenue growth in the company's global region. The market's cautious response, despite an adjusted EPS beat for the quarter, may reflect concerns over these operational dynamics.
2. Broader macroeconomic headwinds contributing to market caution. Stantec has faced a challenging macroeconomic environment, which analysts highlight as a factor leading to potential revenue and margin declines and softer demand in key markets such as water, buildings, and infrastructure. General macro trends, including shifts in interest rates, inflation, and fiscal policy, are also influencing asset allocation and contributing to a more cautious market sentiment for companies in the sector.
3. CEO succession announcement introduced investor uncertainty. The news released around June 18, 2026, announcing the retirement of President and CEO Gord Johnston in October 2026 and the appointment of Susan Reisbord as his successor, explicitly contributed to recent weakness in Stantec's share price. Leadership transitions, even planned ones, can sometimes introduce a period of uncertainty for investors as they evaluate the impact on future company direction and performance.
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Stock Movement Drivers
Fundamental Drivers
The -18.7% change in STN stock from 3/31/2026 to 7/5/2026 was primarily driven by a -20.5% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 86.18 | 70.03 | -18.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,144 | 8,288 | 1.8% |
| Net Income Margin (%) | 5.9% | 5.9% | 0.5% |
| P/E Multiple | 20.5 | 16.3 | -20.5% |
| Shares Outstanding (Mil) | 114 | 114 | 0.0% |
| Cumulative Contribution | -18.7% |
Market Drivers
3/31/2026 to 7/5/2026| Return | Correlation | |
|---|---|---|
| STN | -18.7% | |
| Market (SPY) | 14.5% | 9.8% |
| Sector (XLI) | 13.7% | 18.4% |
Fundamental Drivers
The -25.4% change in STN stock from 12/31/2025 to 7/5/2026 was primarily driven by a -26.4% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 93.93 | 70.03 | -25.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7,988 | 8,288 | 3.8% |
| Net Income Margin (%) | 6.1% | 5.9% | -2.3% |
| P/E Multiple | 22.2 | 16.3 | -26.4% |
| Shares Outstanding (Mil) | 114 | 114 | 0.0% |
| Cumulative Contribution | -25.4% |
Market Drivers
12/31/2025 to 7/5/2026| Return | Correlation | |
|---|---|---|
| STN | -25.4% | |
| Market (SPY) | 9.5% | 31.9% |
| Sector (XLI) | 18.9% | 31.4% |
Fundamental Drivers
The -35.1% change in STN stock from 6/30/2025 to 7/5/2026 was primarily driven by a -49.1% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 107.83 | 70.03 | -35.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7,702 | 8,288 | 7.6% |
| Net Income Margin (%) | 5.0% | 5.9% | 18.5% |
| P/E Multiple | 32.0 | 16.3 | -49.1% |
| Shares Outstanding (Mil) | 114 | 114 | 0.0% |
| Cumulative Contribution | -35.1% |
Market Drivers
6/30/2025 to 7/5/2026| Return | Correlation | |
|---|---|---|
| STN | -35.1% | |
| Market (SPY) | 21.6% | 38.6% |
| Sector (XLI) | 26.0% | 37.1% |
Fundamental Drivers
The 9.8% change in STN stock from 6/30/2023 to 7/5/2026 was primarily driven by a 40.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 6302023 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 63.76 | 70.03 | 9.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,902 | 8,288 | 40.4% |
| Net Income Margin (%) | 4.5% | 5.9% | 30.7% |
| P/E Multiple | 26.5 | 16.3 | -38.4% |
| Shares Outstanding (Mil) | 111 | 114 | -2.8% |
| Cumulative Contribution | 9.8% |
Market Drivers
6/30/2023 to 7/5/2026| Return | Correlation | |
|---|---|---|
| STN | 9.8% | |
| Market (SPY) | 74.0% | 45.2% |
| Sector (XLI) | 78.5% | 46.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| STN Return | 75% | -14% | 69% | -1% | 21% | -28% | 119% |
| Peers Return | 44% | -5% | 12% | 21% | -8% | -16% | 42% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| STN Win Rate | 67% | 33% | 67% | 58% | 50% | 29% | |
| Peers Win Rate | 64% | 50% | 50% | 67% | 58% | 52% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| STN Max Drawdown | -9% | -27% | -13% | -13% | -19% | -34% | |
| Peers Max Drawdown | -15% | -27% | -16% | -17% | -28% | -34% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: J, ACM, TTEK.
[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] 2026 data is for the year up to 7/2/2026 (YTD)
How Low Can It Go
| Event | STN | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 14 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.1% | -24.5% |
| % Gain to Breakeven | 35.3% | 32.4% |
| Time to Breakeven | 287 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.8% | -33.7% |
| % Gain to Breakeven | 46.7% | 50.9% |
| Time to Breakeven | 105 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -13.9% | -19.2% |
| % Gain to Breakeven | 16.2% | 23.8% |
| Time to Breakeven | 134 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -16.6% | -12.2% |
| % Gain to Breakeven | 19.9% | 13.9% |
| Time to Breakeven | 30 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -35.1% | -6.8% |
| % Gain to Breakeven | 54.1% | 7.3% |
| Time to Breakeven | 1596 days | 15 days |
In The Past
Stantec's stock fell -2.6% during the 2025 US Tariff Shock. Such a loss loss requires a 2.7% gain to breakeven.
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Asset Allocation
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| Event | STN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.1% | -24.5% |
| % Gain to Breakeven | 35.3% | 32.4% |
| Time to Breakeven | 287 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.8% | -33.7% |
| % Gain to Breakeven | 46.7% | 50.9% |
| Time to Breakeven | 105 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -35.1% | -6.8% |
| % Gain to Breakeven | 54.1% | 7.3% |
| Time to Breakeven | 1596 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -30.4% | -17.9% |
| % Gain to Breakeven | 43.6% | 21.8% |
| Time to Breakeven | 147 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -66.2% | -53.4% |
| % Gain to Breakeven | 196.2% | 114.4% |
| Time to Breakeven | 1498 days | 1085 days |
In The Past
Stantec's stock fell -2.6% during the 2025 US Tariff Shock. Such a loss loss requires a 2.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Stantec (STN)
Stantec Inc. is a global professional services company that provides a comprehensive range of engineering, architecture, and environmental consulting services. Its core offerings span various disciplines, including civil, structural, mechanical, electrical, plumbing, and hydraulics engineering. Additionally, Stantec offers expertise in architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics.
The company focuses on delivering solutions for infrastructure and facilities projects across Canada, the United States, and internationally. Beyond its general consulting capabilities, Stantec also provides specialized services such as transportation advisory, planning, and technical design, alongside extensive environmental and cultural resource compliance, including paleontological and archaeological services for sectors like rail, water, and power and energy.
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Stantec is like AECOM for global infrastructure engineering, architecture, and environmental consulting services.
Think of Stantec as similar to Jacobs Engineering Group, providing comprehensive design and engineering expertise for major facilities and infrastructure projects worldwide.
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- Engineering Services: Provides diverse engineering disciplines, including structural, mechanical, electrical, plumbing, hydraulics, and transportation engineering.
- Architecture and Design Services: Offers architectural design, interior design, and landscape architecture for various facilities and projects.
- Environmental Consulting Services: Specializes in environmental sciences, cultural resource management, and compliance, including paleontological and archaeological services.
- Planning and Advisory Services: Delivers transportation advisory, planning, analytics, project management, and project economics expertise.
- Surveying: Provides essential surveying services for development and infrastructure projects.
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Stantec Inc. provides consulting services primarily to other organizations, rather than to individuals. Its major customers fall into the following categories:
- Government Agencies and Municipalities: This includes federal, state/provincial, and local governments; public transit authorities; water and wastewater utilities; and various public works departments. These entities contract Stantec for infrastructure projects (roads, bridges, public buildings, transportation systems), water management, environmental planning, and urban development.
- Private Corporations: Stantec serves a wide array of private sector clients across various industries, including real estate development, energy (e.g., power generation companies, renewable energy developers, oil and gas firms), mining, industrial manufacturing, and healthcare providers for their facilities and infrastructure needs.
- Public and Private Utilities: These are companies and public entities responsible for delivering essential services such as electricity, natural gas, and potable water. Stantec provides services related to the planning, design, and construction of their infrastructure, including transmission lines, distribution networks, treatment plants, and energy facilities.
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Gord Johnston, President & Chief Executive Officer
Gord Johnston became President and CEO of Stantec in 2018, bringing over 30 years of experience in designing and managing infrastructure projects in both private and public sectors globally. He began his career at Stantec's water practice in Edmonton in 1990, advancing through various leadership roles, including leading the water business line and serving as executive vice president of infrastructure. Johnston has been instrumental in Stantec's acquisition and integration strategies, notably with MWH Global, the company's largest acquisition, and the recent integration of Cardno. He successfully divested a construction division inherited through a merger, sharpening Stantec's focus on professional services. Johnston holds Bachelor of Science and Master of Engineering degrees in civil engineering from the University of Alberta and completed programs at Harvard Business School and the Rotman School of Management. He has served on the board of directors for the Association of Consulting Engineering Companies (ACEC) in Canada and as past president of the Consulting Engineers of Alberta.
Vito Culmone, Executive Vice President & Chief Financial Officer
Vito Culmone serves as Stantec's Executive Vice President and Chief Financial Officer. Prior to joining Stantec in April 2019, Culmone was the Chief Financial Officer at Aecon Group Inc. for almost 10 years. He also held senior financial leadership positions at other publicly traded companies including Magna International Inc., Masonite International Corporation, and Bell Canada. He is a Chartered Professional Accountant and holds a Bachelor of Administrative Studies degree from York University.
Cath Schefer, Executive Vice President & Chief Operating Officer, Global
Cath Schefer is the Executive Vice President and Chief Operating Officer for Stantec's global operations. She has extensive experience within Stantec, having previously led the company's Australia/New Zealand region. Schefer has been with Stantec for over two decades and plays a key role in driving operational excellence and strategic direction globally. She holds a Bachelor of Engineering (Civil) from the University of Queensland, Australia.
John Take, Executive Vice President, Chief Growth & Innovation Officer
John Take holds the position of Executive Vice President, Chief Growth & Innovation Officer at Stantec. In this role, he is responsible for driving the company's growth strategies and fostering innovation across its various business lines. Take has a long history with Stantec, having joined the firm in 1989. He has held various leadership positions within the company, including leading the Infrastructure business operating unit.
Susan Reisbord, Executive Vice President, Chief Operating Officer – North America
Susan Reisbord is the Executive Vice President and Chief Operating Officer for Stantec's North America operations. She is responsible for the operational performance and strategic growth of the company's business across the North American region. Reisbord has a background in environmental services and has held leadership roles within Stantec, contributing to the firm's expansion and service delivery in the environmental sector.
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Pace of Public Sector Spending and Economic Slowdown: Stantec's business, particularly its Infrastructure segment and operations in the United States (its primary market), is significantly exposed to the pace of public sector spending and broader economic conditions. Delays in public sector procurement cycles and hesitation from private sector clients on large projects can lead to deferred or canceled capital projects, directly impacting Stantec's revenue growth and cash flow, despite a substantial project backlog.
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Acquisition Integration Risk: Stantec employs an aggressive strategy of inorganic growth through mergers and acquisitions. The high volume of these acquisitions introduces a continuous risk related to successfully integrating new cultures, systems, and teams into its existing structure. This process is not always seamless and can divert executive attention from core organic growth initiatives.
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Rising Interest Rates: An increase in interest rates poses a risk by increasing financing costs for both Stantec and its clients. Higher interest rates make large, long-cycle infrastructure and facility projects more expensive to finance, which can lead to reduced client investment and potentially fewer projects for Stantec.
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Stantec Inc. (STN) is expected to drive future revenue growth over the next two to three years through several key strategies and market trends:
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Strong Demand in Key Sectors: Stantec anticipates continued robust demand across its core sectors, including water, healthcare, transportation, energy transition, and mission-critical facilities. The company is strategically positioned to capitalize on these areas, with expectations for sustained growth in the US, Canada, and global operations.
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Strategic Acquisitions: Stantec remains committed to a disciplined approach to growth through strategic, accretive acquisitions. The company's strong balance sheet provides significant financial capacity to fund future acquisition opportunities, which have historically contributed to its revenue growth.
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Organic Growth Initiatives: The company's 2024-2026 Strategic Plan targets organic net revenue growth with a three-year compound annual growth rate (CAGR) of greater than 7%. Stantec expects mid-to-high single-digit organic growth across all geographic reporting segments and business units, driven by high levels of activity and strong project execution.
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Large and Growing Contract Backlog: Stantec holds a record backlog of $8.6 billion, which represents approximately 13 months of work. This substantial backlog provides a solid foundation for future revenue, indicating strong future growth potential and sustained project activity.
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Integration of AI Technology: Stantec is emphasizing the integration of AI as a key growth driver, viewing it as an "opportunity amplifier" to enhance margins and operational efficiency. Management has highlighted AI-related opportunities as a factor in projected earnings growth and future strategic plans.
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Share Repurchases
- Stantec authorized a Normal Course Issuer Bid (NCIB) in March 2026 to repurchase up to 2,281,339 common shares, representing approximately 2% of outstanding shares, by March 11, 2027.
- The previous NCIB, which concluded in December 2025, saw no shares repurchased.
- Between November 16, 2021, and November 11, 2022, Stantec purchased 1,085,676 common shares at a weighted average price of $60.16 per share under an NCIB that allowed for the repurchase of up to 5,538,309 common shares.
Share Issuance
- Stantec's shares outstanding increased from 0.111 billion in 2023 to 0.114 billion in 2024, a 2.55% increase.
- As of December 31, 2025, the number of common shares outstanding was 114,066,995.
Inbound Investments
- BlackRock, Inc. acquired 4,438,266 shares of Stantec Inc. on March 31, 2025, at a price of $82.84 per share. This increased BlackRock's total holdings in Stantec to 4,866,062 shares, representing 4.30% of Stantec's total shares.
Outbound Investments
- In 2025, Stantec completed strategic acquisitions including Page (US-based architecture and engineering), Cosgroves (New Zealand buildings engineering), and Ryan Hanley (Irish engineering and environmental consultancy).
- In early 2024, Stantec completed the acquisitions of ZETCON (Germany infrastructure), Morrison Hershfield (Canada transportation, buildings, environmental services), and Hydrock (UK buildings, energy & resources, environmental services, infrastructure), adding over 2,700 employees.
- In mid-2023, Stantec acquired Environmental Systems Design, a firm specializing in mission-critical and data center buildings.
Capital Expenditures
- Stantec Inc.'s Capital Expenditures amounted to -71.9 million CAD as of December 31, 2025.
- Capital expenditures increased by 27% in 2025 compared to the previous year.
- Expected capital expenditures for 2026 are 112.4 million CAD, representing 1.4% to 1.8% of net revenue.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Stantec Stock Slides 21% With A 7-Day Losing Spree | 05/15/2026 | |
| How Low Can Stantec Stock Really Go? | 10/17/2025 | |
| Fundamental Metrics: ... | 06/19/2024 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 68.88 |
| Mkt Cap | 8.4 |
| Rev LTM | 10,731 |
| Op Inc LTM | 670 |
| FCF LTM | 576 |
| FCF 3Y Avg | 594 |
| CFO LTM | 630 |
| CFO 3Y Avg | 691 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.6% |
| Rev Chg 3Y Avg | 10.6% |
| Rev Chg Q | 4.1% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Inc Chg LTM | 9.6% |
| Op Inc Chg 3Y Avg | 15.9% |
| Op Mgn LTM | 7.8% |
| Op Mgn 3Y Avg | 7.2% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 6.8% |
| CFO/Rev 3Y Avg | 7.7% |
| FCF/Rev LTM | 6.0% |
| FCF/Rev 3Y Avg | 6.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single segment | 8,144 | 7,500 | 6,480 | 5,677 | 4,577 |
| Total | 8,144 | 7,500 | 6,480 | 5,677 | 4,577 |
| $ Mil | 2003 | 2002 | 2001 | 1999 | 1998 |
|---|---|---|---|---|---|
| Consulting Services | 43 | 32 | 27 | 15 | 13 |
| Other | -0 | 5 | 4 | 2 | 0 |
| Total | 42 | 37 | 30 | 17 | 13 |
| $ Mil | 2002 | 2001 | 1999 | 1998 |
|---|---|---|---|---|
| Consulting Services | 244 | 183 | 113 | 93 |
| Other | 54 | 34 | 19 | 20 |
| Total | 298 | 217 | 132 | 112 |
Price Behavior
| Market Price | $70.03 | |
| Market Cap ($ Bil) | 8.0 | |
| First Trading Date | 08/05/2005 | |
| Distance from 52W High | -38.0% | |
| 50 Days | 200 Days | |
| DMA Price | $77.70 | $92.84 |
| DMA Trend | down | down |
| Distance from DMA | -9.9% | -24.6% |
| 3M | 1YR | |
| Volatility | 34.5% | 28.7% |
| Downside Capture | 59.16 | 125.54 |
| Upside Capture | -47.22 | 44.46 |
| Correlation (SPY) | 9.0% | 38.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.37 | -0.21 | 0.36 | 0.79 | 0.88 | 0.76 |
| Up Beta | 0.06 | -0.29 | 0.75 | 0.63 | 0.68 | 0.72 |
| Down Beta | 1.79 | 0.48 | 0.35 | 1.08 | 1.15 | 0.76 |
| Up Capture | -56% | -116% | -26% | 26% | 35% | 43% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 10 | 18 | 31 | 61 | 126 | 385 |
| Down Capture | 42% | 42% | 73% | 118% | 119% | 96% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 11 | 23 | 32 | 64 | 125 | 364 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STN | |
|---|---|---|---|---|
| STN | -35.1% | 28.6% | -1.50 | - |
| Sector ETF (XLI) | 25.7% | 16.5% | 1.20 | 37.1% |
| Equity (SPY) | 21.7% | 12.5% | 1.29 | 38.6% |
| Gold (GLD) | 23.1% | 27.7% | 0.73 | 16.2% |
| Commodities (DBC) | 21.3% | 18.6% | 0.90 | -6.2% |
| Real Estate (VNQ) | 13.6% | 13.8% | 0.68 | 24.3% |
| Bitcoin (BTCUSD) | -42.0% | 42.7% | -1.15 | 22.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STN | |
|---|---|---|---|---|
| STN | 10.4% | 25.4% | 0.37 | - |
| Sector ETF (XLI) | 14.1% | 17.6% | 0.63 | 53.3% |
| Equity (SPY) | 13.3% | 17.1% | 0.60 | 51.8% |
| Gold (GLD) | 17.9% | 18.3% | 0.79 | 14.1% |
| Commodities (DBC) | 6.9% | 19.5% | 0.25 | 11.6% |
| Real Estate (VNQ) | 3.1% | 18.9% | 0.06 | 39.7% |
| Bitcoin (BTCUSD) | 12.2% | 53.8% | 0.41 | 18.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with STN | |
|---|---|---|---|---|
| STN | 12.1% | 25.7% | 0.46 | - |
| Sector ETF (XLI) | 14.6% | 20.1% | 0.64 | 52.0% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 51.5% |
| Gold (GLD) | 12.1% | 16.1% | 0.61 | 8.5% |
| Commodities (DBC) | 5.7% | 18.0% | 0.25 | 20.9% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 39.6% |
| Bitcoin (BTCUSD) | 59.0% | 66.2% | 0.99 | 12.6% |
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Returns Analyses
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/13/2026 | 6-K |
| 12/31/2025 | 02/25/2026 | 40-F |
| 09/30/2025 | 11/13/2025 | 6-K |
| 06/30/2025 | 08/13/2025 | 6-K |
| 03/31/2025 | 05/14/2025 | 6-K |
| 12/31/2024 | 02/25/2025 | 40-F |
| 09/30/2024 | 11/07/2024 | 6-K |
| 06/30/2024 | 08/07/2024 | 6-K |
| 03/31/2024 | 05/08/2024 | 6-K |
| 12/31/2023 | 02/28/2024 | 40-F |
| 09/30/2023 | 11/09/2023 | 6-K |
| 06/30/2023 | 08/09/2023 | 6-K |
| 03/31/2023 | 05/10/2023 | 6-K |
| 12/31/2022 | 02/22/2023 | 40-F |
| 09/30/2022 | 11/10/2022 | 6-K |
| 06/30/2022 | 08/10/2022 | 6-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/13/2026 | 6-K |
| 12/31/2025 | 02/25/2026 | 40-F |
| 09/30/2025 | 11/13/2025 | 6-K |
| 06/30/2025 | 08/13/2025 | 6-K |
| 03/31/2025 | 05/14/2025 | 6-K |
| 12/31/2024 | 02/25/2025 | 40-F |
| 09/30/2024 | 11/07/2024 | 6-K |
| 06/30/2024 | 08/07/2024 | 6-K |
| 03/31/2024 | 05/08/2024 | 6-K |
| 12/31/2023 | 02/28/2024 | 40-F |
| 09/30/2023 | 11/09/2023 | 6-K |
| 06/30/2023 | 08/09/2023 | 6-K |
| 03/31/2023 | 05/10/2023 | 6-K |
| 12/31/2022 | 02/22/2023 | 40-F |
| 09/30/2022 | 11/10/2022 | 6-K |
| 06/30/2022 | 08/10/2022 | 6-K |
| 03/31/2022 | 05/11/2022 | 6-K |
| 12/31/2021 | 02/23/2022 | 40-F |
| 09/30/2021 | 11/03/2021 | 6-K |
| 06/30/2021 | 08/04/2021 | 6-K |
| 03/31/2021 | 05/05/2021 | 6-K |
| 12/31/2020 | 02/24/2021 | 40-F |
| 09/30/2020 | 11/04/2020 | 6-K |
| 06/30/2020 | 08/05/2020 | 6-K |
| 03/31/2020 | 05/06/2020 | 6-K |
| 12/31/2019 | 02/27/2020 | 40-F |
| 09/30/2019 | 11/06/2019 | 6-K |
| 06/30/2019 | 08/07/2019 | 6-K |
Stantec — Investor Video Playlist
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Construction & Engineering Resources |
| Engineering News-Record (ENR) |
| Construction Dive |
| Civil Engineering Magazine |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.