STANTEC INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data STANTEC INC files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	4,300	4,029	4,284	4,827	4,730	4,577	5,677	6,480	7,500	8,144
Cost of revenue	1,422	1,412	1,540	1,703	1,754	1,673	2,040	2,322
Gross profit	1,676	1,762	1,815	2,008	1,931	1,963	2,417	2,745
Selling, general and administrative	1,335	1,408	1,438	1,434	1,353	1,424	1,743	1,965	2,286	2,458
Pre-tax income	181	264	226	266	217	263	325	408	465	630
Income tax	50.3	167	55	71.1	57.6	62.3	78.1	91.2	104	151
Income from continuing operations		97	171	194	159	201	247	317	362	479
Net income	131	97	47.4	194	171	201	247	317	362	479
EPS, basic	1.17	0.81	0.40	1.66	1.46	1.72	2.13	2.85	3.17	4.20
EPS, diluted	1.17	0.81	0.40	1.66	1.46	1.72	2.12	2.85	3.17	4.20

Balance sheet

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	211	240	185	224	290	194	148	353	229	398
Receivables	806	816	878	818	738	824	1,028	1,064	1,324	1,307
Total current assets	1,583	1,608	1,636	1,580	1,565	1,664	1,938	2,273	2,549	2,791
Property, plant and equipment	214	213	289	287	240	234	251	268	299	308
Lease right-of-use assets				559	447	477	470	443	474	545
Goodwill	1,828	1,557	1,621	1,652	1,674	2,184	2,346	2,074	2,713	3,222
Intangible assets	450	262	248	220	182	373	320	266	427	595
Total assets	4,285	3,883	4,010	4,562	4,389	5,226	5,653	5,766	6,956	7,957
Accounts payable	718	705	567	576	576	635	756	842	1,019	1,125
Total current liabilities	1,073	1,156	894	1,006	987	1,179	1,410	1,617	1,979	2,266
Lease liabilities				589	526	545	522	478	529	585
Total liabilities	2,308	1,984	2,101	2,684	2,460	3,224	3,367	3,315	4,011	4,717
Total debt	1,021	740	934	861	681	1,245	1,236	1,098	1,384	1,818
Retained earnings	918	947	851	918	959	1,043	1,155
Shareholders' equity	1,976	1,896	1,876	1,876	1,929	2,002	1,992	2,451	2,945	3,240
Minority interests	0.8	3	1.8	1.6	0.8	0.5	0.4
Total equity	1,976	1,896	1,878	1,877	1,929	2,002	1,992	2,451	2,945	3,240
Total liabilities and equity	4,285	3,883	4,010	4,562	4,389	5,226	5,653	5,766	6,956	7,957

Cash flow statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	131	97	47.4	194	171	201	247	317	362	479
Cash from operations	286	264	173	453	604	397	304	520	603	863
Capital expenditures	-58.3	-58.9	-125	-56.7	-31.2	-45.8	-68.5
Cash from investing	-1,137	60.3	-224	-135	-102	-765	-73.8	-202	-605	-534
Debt issued	457	259
Debt repaid	-282	-462		-80.3	-448
Stock issued							0	278	0
Share buybacks	-18.2	-14.4	-74.7	-41.2	-80.3	-50.7	-65.3	-10
Dividends paid	-46.1	-55.5	-61.3	-64	-68	-72.3	-78.2	-84.9	-94	-101
Cash from financing	995	-281	-24	-286	-413	277	-297	-109	-152	-140
Exchange rate effect	-0.6	-14.3	21.2	-12.5	-8.4	-6.8	27.8	-4.4	29.6	-19.7
Net change in cash	144	28.6	-54.3	18.8	80.8	-98.1	-38.4	205	-124	170
Free cash flow	227	205	47.8	396	573	351	236
Interest paid	30.8	28.1	30.5	71.6	51.9	36.4	61.1	83.5	96.6	83.7
Income taxes paid					16.9	39.1	-21.1	17.6	-27.7	72.9

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	7.7%	Pre-tax income / revenue.
Net margin	5.9%	Net income / revenue.
Operating cash flow margin	10.6%	Cash from operations / revenue.
Effective tax rate	23.9%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	15.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	6.4%	Net income / average total assets.
SG&A / revenue	30.2%	Selling, general and administrative expense / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	8.6%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	12.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	11.5%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	32.6%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	24.7%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	22.9%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	32.5%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	25.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	23.5%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	43.1%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	41.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	7.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	10.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	17.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	10.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	14.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	12.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	12.6%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.23x	Current assets / current liabilities.
Quick ratio	0.75x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.18x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.56x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	22.9%	Total debt / total assets.
Liabilities / assets	59.3%	Total liabilities / total assets.
Net debt	CA$1.42B	Total debt - cash - short-term investments. Negative means more cash than debt.
Working capital	CA$524.8M	Current assets - current liabilities.
Goodwill and intangibles / assets	48.0%	(Goodwill + intangible assets) / total assets.
Tangible book value	-CA$575.9M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.09x	Revenue / average total assets.
Fixed asset turnover	26.8x	Revenue / average property, plant and equipment.
Receivables turnover	6.19x	Revenue / average receivables.
Days sales outstanding	59 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	CA$4.20	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	CA$4.20	Net income per basic share, as reported (split-adjusted).
Payout ratio	21.1%	Dividends paid / net income, when net income is positive.

What was STANTEC INC's revenue in fiscal 2025?

STANTEC INC reported revenue of CA$8.14B for fiscal 2025, 8.6% higher than the year before.

Was STANTEC INC profitable in fiscal 2025?

Yes. Net income was CA$479.4M, a net margin of 5.9%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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