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Stantec Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 8.1B 7.5B 6.5B 5.7B 4.6B
Operating Revenue 8.1B 7.5B 6.5B 5.7B 4.6B
Cost Of Revenue 4.6B 4.3B 3.7B 3.3B 2.6B
Gross Profit 3.5B 3.2B 2.7B 2.4B 2.0B
Selling General And Administration 2.5B 2.3B 2.0B 1.7B 1.4B
Depreciation And Amortization In Income Statement 351.7M 318.6M 283.6M 283.5M 221.8M
Operating Expense 2.8B 2.6B 2.2B 2.0B 1.6B
Operating Income 719.8M 591.0M 495.8M 391.3M 317.9M
EBIT 745.1M 583.1M 510.4M 394.7M 305.7M
Interest Expense 115.1M 117.8M 102.7M 69.6M 42.7M
Interest Expense Non Operating 115.1M 117.8M 102.7M 69.6M 42.7M
Interest Income 14.9M 14.2M 11.7M 5.6M 4.8M
Interest Income Non Operating 14.9M 14.2M 11.7M 5.6M 4.8M
Net Interest Income -102.0M -104.4M -93.0M -73.2M -43.3M
Other Income Expense 12.2M -21.3M 4.9M 7.0M -11.6M
Other Non Operating Income Expenses 4.4M -4.1M -5.9M 1.7M 1.3M
Special Income Charges -6.0M -27.9M -300,000 11.1M -24.8M
Gain On Sale Of Security 13.8M 10.7M 11.1M -5.8M 11.9M
Earnings From Equity Interest -- -- -- -- 1.8M
Pretax Income 630.0M 465.3M 407.7M 325.1M 263.0M
Tax Provision 150.6M 103.8M 91.2M 78.1M 62.3M
Tax Effect Of Unusual Items 1.9M -3.8M 2.4M 1.3M -3.1M
Net Income From Continuing And Discontinued Operation 479.4M 361.5M 316.5M 247.0M 200.7M
Net Income From Continuing Operation Net Minority Interest 479.4M 361.5M 316.5M 247.0M 200.7M
Net Income Including Noncontrolling Interests 479.4M 361.5M 316.5M 247.0M 200.7M
Net Income Common Stockholders 479.4M 361.5M 316.5M 247.0M 200.7M
Net Income 479.4M 361.5M 316.5M 247.0M 200.7M
EBITDA 1.1B 901.7M 794.0M 678.2M 527.5M
Normalized EBITDA 1.1B 918.9M 783.2M 672.9M 540.4M
Reconciled Depreciation 351.7M 318.6M 283.6M 283.5M 221.8M
Basic EPS 4.20 3.17 2.85 2.23 1.80
Diluted EPS 4.20 3.17 2.85 2.22 1.80
Basic Average Shares 114.1M 114.1M 111.2M 110.9M 111.2M
Diluted Average Shares 114.1M 114.1M 111.2M 111.1M 111.6M
Total Unusual Items 7.8M -17.2M 10.8M 5.3M -12.9M
Total Unusual Items Excluding Goodwill 7.8M -17.2M 10.8M 5.3M -12.9M
Tax Rate For Calcs 0.24 0.22 0.22 0.24 0.24
Normalized Income 473.5M 374.9M 308.1M 243.0M 210.5M
Amortization 147.5M 123.8M 102.0M 104.6M 60.0M
Amortization Of Intangibles Income Statement 147.5M 123.8M 102.0M 104.6M 60.0M
Depreciation Amortization Depletion Income Statement 351.7M 318.6M 283.6M 283.5M 221.8M
Depreciation Income Statement 204.2M 194.8M 181.6M 178.9M 161.8M
Diluted NI Availto Com Stockholders 479.4M 361.5M 316.5M 247.0M 200.7M
Gain On Sale Of Ppe 0.00 7.0M 0.00 5.6M 0.00
Impairment Of Capital Assets 6.0M 34.9M 300,000 -5.5M 24.8M
Net Income Continuous Operations 479.4M 361.5M 316.5M 247.0M 200.7M
Net Income Discontinuous Operations -- -- -- -- 0.00
Net Non Operating Interest Income Expense -102.0M -104.4M -93.0M -73.2M -43.3M
Reconciled Cost Of Revenue 4.6B 4.3B 3.7B 3.3B 2.6B
Total Expenses 7.4B 6.9B 6.0B 5.3B 4.3B
Total Other Finance Cost 1.8M 800,000 2.0M 9.2M 5.4M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 398.1M 228.5M 352.9M 148.3M 193.9M
Cash Cash Equivalents And Short Term Investments 415.7M 254.7M 368.7M 148.3M 215.3M
Cash Equivalents 4.0M 12.8M 158.5M 8.8M 10.0M
Cash Financial 394.1M 215.7M 194.4M 139.5M 183.9M
Other Short Term Investments 17.6M 26.2M 15.8M 9.1M 21.4M
Accounts Receivable 1.3B 1.3B 1.0B 1.0B 787.9M
Receivables 2.3B 2.2B 1.8B 1.7B 1.4B
Prepaid Assets 66.7M 64.3M 53.8M 48.6M 45.8M
Other Current Assets 1.6M 1.3M 1.3M 10.2M 2.1M
Current Assets 2.8B 2.5B 2.3B 1.9B 1.7B
Gross PPE 1.2B 1.0B 963.1M 983.4M 976.0M
Accumulated Depreciation -296.3M -273.7M -252.7M -262.3M -265.8M
Net PPE 853.8M 773.3M 710.4M 721.1M 710.2M
Goodwill 3.2B 2.7B 2.1B 2.0B 2.2B
Goodwill And Other Intangible Assets 3.8B 3.1B 2.3B 2.4B 2.6B
Other Intangible Assets 594.5M 427.0M 265.7M 320.4M 373.3M
Investments And Advances 278.7M 283.7M 262.5M 208.4M 216.0M
Other Non Current Assets 14.5M 16.3M 16.7M 224.6M 12.9M
Total Non Current Assets 5.2B 4.4B 3.5B 3.4B 3.6B
Total Assets 8.0B 7.0B 5.8B 5.3B 5.2B
Current Debt 320.6M 192.1M 147.6M 88.6M 58.2M
Current Debt And Capital Lease Obligation 434.2M 305.7M 248.9M 187.6M 182.1M
Accounts Payable 503.5M 447.6M 351.9M 784.8M 213.1M
Payables 530.0M 479.9M 373.3M 810.7M 239.7M
Payables And Accrued Expenses 655.1M 597.4M 447.9M 810.7M 311.8M
Current Accrued Expenses 125.1M 117.5M 74.6M 86.6M 72.1M
Current Deferred Revenue 581.7M 502.4M 397.5M 327.7M 264.8M
Other Current Liabilities 51.8M 53.5M 55.0M 36.0M 34.5M
Current Liabilities 2.3B 2.0B 1.6B 1.4B 1.2B
Long Term Debt 1.5B 1.2B 974.2M 1.2B 1.2B
Long Term Debt And Capital Lease Obligation 2.1B 1.7B 1.5B 1.7B 1.7B
Long Term Capital Lease Obligation 585.4M 528.6M 477.8M 522.4M 545.0M
Other Non Current Liabilities 55.1M 41.0M 55.6M 40.7M 38.0M
Total Non Current Liabilities Net Minority Interest 2.5B 2.0B 1.7B 1.9B 2.0B
Total Liabilities Net Minority Interest 4.7B 4.0B 3.3B 3.3B 3.2B
Common Stock 1.3B 1.3B 1.3B 983.8M 972.4M
Capital Stock 1.3B 1.3B 1.3B 983.8M 972.4M
Additional Paid In Capital 5.5M 5.5M 5.5M 6.7M 10.6M
Retained Earnings 1.7B 1.4B 1.1B 884.0M 1.0B
Gains Losses Not Affecting Retained Earnings 216.6M 297.9M 69.8M 117.3M -24.7M
Other Equity Adjustments 216.6M 297.9M 69.8M 117.3M -24.7M
Common Stock Equity 3.2B 2.9B 2.5B 2.0B 2.0B
Stockholders Equity 3.2B 2.9B 2.5B 2.0B 2.0B
Total Equity Gross Minority Interest 3.2B 2.9B 2.5B 2.0B 2.0B
Minority Interest -- -- -- 400,000 500,000
Total Capitalization 4.8B 4.2B 3.4B 3.1B 3.2B
Net Tangible Assets -575.9M -194.4M 111.8M -361.2M -555.9M
Tangible Book Value -575.9M -194.4M 111.8M -361.2M -555.9M
Working Capital 524.8M 570.0M 655.6M 527.7M 485.0M
Invested Capital 5.1B 4.3B 3.6B 3.2B 3.3B
Total Debt 2.5B 2.0B 1.7B 1.9B 1.9B
Net Debt 1.4B 1.2B 768.9M 1.1B 1.1B
Share Issued 114.1M 114.1M 114.1M 110.8M 111.3M
Ordinary Shares Number 114.1M 114.1M 114.1M 110.8M 111.3M
Allowance For Doubtful Accounts Receivable -3.0M -2.7M -2.7M -2.0M -2.0M
Available For Sale Securities 278.7M 283.7M 262.5M 208.4M 216.0M
Buildings And Improvements 527.8M 454.8M 431.0M 455.0M 459.7M
Capital Lease Obligations 699.0M 642.2M 579.1M 621.4M 668.9M
Current Capital Lease Obligation 113.6M 113.6M 101.3M 99.0M 123.9M
Current Deferred Liabilities 581.7M 502.4M 397.5M 327.7M 264.8M
Current Provisions 46.5M 66.4M 51.7M 48.1M 36.7M
Defined Pension Benefit 87.4M 75.0M 72.3M 57.4M 17.0M
Employee Benefits 18.9M 22.4M 29.5M 32.3M 58.7M
Gross Accounts Receivable 1.3B 1.3B 1.0B 990.1M 789.9M
Income Tax Payable 26.5M 32.3M 21.4M 25.9M 26.6M
Investmentin Financial Assets 278.7M 283.7M 262.5M 208.4M 216.0M
Leases 268.4M 258.9M 238.2M 248.1M 243.9M
Line Of Credit 29.6M 17.1M 23.6M 65.4M 7.2M
Long Term Provisions 191.2M 167.9M 134.8M 149.7M 122.6M
Machinery Furniture Equipment 77.7M 78.0M 75.1M 80.2M 83.6M
Non Current Deferred Assets 115.4M 119.3M 92.6M 45.2M 48.3M
Non Current Deferred Liabilities 72.6M 63.6M 26.4M 35.0M 77.5M
Non Current Deferred Taxes Assets 115.4M 119.3M 92.6M 45.2M 48.3M
Non Current Deferred Taxes Liabilities 72.6M 63.6M 26.4M 35.0M 77.5M
Non Current Pension And Other Postretirement Benefit Plans 18.9M 22.4M 29.5M 32.3M 58.7M
Other Current Borrowings 291.0M 175.0M 124.0M 23.2M 51.0M
Other Properties 276.2M 255.3M 218.8M 200.1M 188.8M
Other Receivables 919.1M 881.9M 760.0M 637.3M 527.7M
Pensionand Other Post Retirement Benefit Plans Current 496.7M 453.6M 415.9M 368.5M 349.5M
Properties 0.00 0.00 0.00 0.00 0.00
Restricted Cash -- -- -- -- 0.00
Taxes Receivable 127.5M 64.4M 72.6M 65.4M 85.6M
Total Tax Payable 26.5M 32.3M 21.4M 25.9M 26.6M
Tradeand Other Payables Non Current -- -- -- 7.1M 8.9M
Treasury Shares Number -- -- 0.00 -- --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 862.9M 603.1M 520.0M 304.3M 397.0M
Cash Flow From Continuing Operating Activities 862.9M 603.1M 520.0M 304.3M 397.0M
Depreciation And Amortization 351.7M 318.6M 283.6M 283.5M 221.8M
Depreciation Amortization Depletion 351.7M 318.6M 283.6M 283.5M 221.8M
Stock Based Compensation 40.3M 43.0M 60.1M 26.0M 46.7M
Deferred Tax 27.9M -42.4M -50.4M -43.2M -4.4M
Deferred Income Tax 27.9M -42.4M -50.4M -43.2M -4.4M
Change In Working Capital -122.4M -176.2M -112.3M -254.0M -126.4M
Changes In Account Receivables 124.9M -123.7M -26.5M -211.7M -8.4M
Change In Receivables 21.9M -167.5M -120.1M -339.2M -97.4M
Change In Payables And Accrued Expense -108.7M -59.6M -59.6M 22.8M -65.8M
Change In Other Working Capital -38.9M 47.5M 72.2M 65.2M 34.9M
Other Non Cash Items 1.6M -1.6M -5.5M -2.3M 1.2M
Capital Expenditure -71.9M -99.0M -100.6M -74.9M -50.6M
Purchase Of PPE -71.9M -99.0M -100.6M -74.9M -45.8M
Net PPE Purchase And Sale -71.9M -99.0M -100.6M -74.9M -45.8M
Purchase Of Business -454.0M -555.0M -75.6M -50.4M -702.5M
Purchase Of Investment -92.5M -40.0M -110.4M -206.2M -61.6M
Sale Of Investment 82.0M 73.8M 72.8M 244.6M 47.8M
Net Investment Purchase And Sale -10.5M 33.8M -37.6M 38.4M -13.8M
Investing Cash Flow -534.1M -605.0M -201.7M -73.8M -764.8M
Cash Flow From Continuing Investing Activities -534.1M -605.0M -201.7M -73.8M -764.8M
Issuance Of Debt 434.8M 175.0M 348.8M 0.00 544.7M
Repayment Of Debt -473.3M -233.1M -650.3M -236.6M -186.4M
Net Issuance Payments Of Debt -38.5M -58.1M -301.5M -171.2M 358.3M
Issuance Of Capital Stock -- 0.00 277.8M 0.00 --
Repurchase Of Capital Stock -- -- -10.0M -65.3M -50.7M
Net Common Stock Issuance -- 0.00 277.8M -65.3M -50.7M
Common Stock Dividend Paid -101.0M -94.0M -84.9M -78.2M -72.3M
Common Stock Payments -- -- -10.0M -65.3M -50.7M
Financing Cash Flow -139.5M -152.1M -109.3M -296.7M 276.5M
Cash Flow From Continuing Financing Activities -139.5M -152.1M -109.3M -296.7M 276.5M
Effect Of Exchange Rate Changes -19.7M 29.6M -4.4M 27.8M -6.8M
Changes In Cash 189.3M -154.0M 209.0M -66.2M -91.3M
Beginning Cash Position 228.5M 352.9M 148.3M 186.7M 284.8M
End Cash Position 398.1M 228.5M 352.9M 148.3M 186.7M
Free Cash Flow 791.0M 504.1M 419.4M 229.4M 346.4M
Income Tax Paid Supplemental Data 83.7M 112.7M 143.6M 91.2M 89.0M
Interest Paid Supplemental Data 179.3M 96.6M 83.5M 61.1M 36.4M
Amortization Cash Flow 147.5M 123.8M 102.0M 104.6M 60.0M
Amortization Of Intangibles 147.5M 123.8M 102.0M 104.6M 60.0M
Asset Impairment Charge 6.0M 34.9M 300,000 -5.5M 24.8M
Cash Dividends Paid -101.0M -94.0M -84.9M -78.2M -72.3M
Cash From Discontinued Operating Activities -- -- -- -- 0.00
Change In Prepaid Assets 3.3M 3.4M -4.8M -2.8M 1.9M
Common Stock Issuance -- 0.00 277.8M 0.00 --
Depreciation 204.2M 194.8M 181.6M 178.9M 161.8M
Gain Loss On Investment Securities -- -- -- 2.4M -13.9M
Long Term Debt Issuance 422.8M 175.0M 348.8M 0.00 544.7M
Long Term Debt Payments -473.3M -225.2M -607.9M -236.6M -186.4M
Net Business Purchase And Sale -454.0M -555.0M -75.6M -50.4M -702.5M
Net Income From Continuing Operations 479.4M 361.5M 316.5M 247.0M 200.7M
Net Intangibles Purchase And Sale -- -- -- -6.4M -4.8M
Net Long Term Debt Issuance -50.5M -50.2M -259.1M -236.6M 358.3M
Net Other Financing Charges -- -- -700,000 -- --
Net Other Investing Changes 2.3M 15.2M 12.1M 13.1M 2.1M
Net Short Term Debt Issuance 12.0M -7.9M -42.4M 65.4M 0.00
Operating Gains Losses -- -- -- 2.4M -13.9M
Proceeds From Stock Option Exercised -- -- 9.3M 18.0M 41.2M
Provisionand Write Offof Assets 78.4M 65.3M 27.7M 47.3M 46.5M
Purchase Of Intangibles -- -- -- -6.4M -4.8M
Short Term Debt Issuance 12.0M -- -- 65.4M 0.00
Short Term Debt Payments -- -7.9M -42.4M -- --
Unrealized Gain Loss On Investment Securities -- -- -- -- -13.9M
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