Stantec Inc NYSE:STN Price, Chart, News & Insight

NYSE:STN

Stantec Jumps 5.1% After Hours as Record Margin and Higher 2026 Outlook Boost Sentiment

Stantec (NYSE: STN) shares rose about 5.1% in after-hours trading after the engineering and consulting firm reported strong third-quarter growth, record profitability and raised its 2026 outlook.

Third-quarter net revenue increased 9.4% year over year to $1.9 billion, driven by 5.3% organic growth and 2.6% acquisition growth. Adjusted EBITDA rose 16.6% to $377.1 million, while adjusted EBITDA margin expanded 120 basis points to a record 20.2%. Adjusted EPS increased 23.5% to $1.89.

Backlog reached $9.2 billion, up 11.6% from a year earlier, including 9.9% organic growth, and represents roughly 13 months of work.

Stantec also raised several full-year targets. The company now expects an adjusted EBITDA margin of 18.3%-18.5%, up from 17.8%-18.3%, adjusted net income margin of at least 9.8%, and adjusted EPS growth of 17%-19% versus the prior 15%-18% range. Net revenue growth guidance was narrowed to 9%-11%.

Operationally, all regions and businesses delivered organic growth, with particularly strong performance in Water. Project margin improved to 55.0%, while operating cash flow increased to $392.3 million.

The 5.1% after-hours gain appears to reflect the combination of record margins, double-digit backlog growth and a higher profitability outlook, reinforcing confidence in Stantec’s ability to carry momentum into 2027.

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Global Finance News 11-13-26

Stantec Stock Flat in Premarket Despite Strong Q2 Results and Higher Margin Outlook

Stantec (NYSE: STN) shares were essentially unchanged, down 0.01% in premarket trading Thursday, despite the engineering and consulting company reporting strong second-quarter results and raising its 2026 adjusted EBITDA margin outlook.

Stantec reported Q2 net revenue of $1.8 billion, up 11.5% year over year. Adjusted EBITDA increased 17.1% to $332.9 million, while adjusted EBITDA margin expanded 90 basis points to 18.7%. Adjusted EPS rose 18.4% to $1.61. Contract backlog also reached a record $9.2 billion, up 17.5% from a year earlier.

Stantec Raises 2026 Margin Expectations

The company maintained its broader 2026 guidance but raised and narrowed its adjusted EBITDA margin target to 17.8%-18.3%, from the previous 17.6%-18.2% range. Stantec continues to expect net revenue growth of 8.5%-11.5% and adjusted EPS growth of 15%-18%.

Despite the solid report, the muted premarket reaction may reflect the absence of a major upside surprise. Organic revenue growth was 3.7% in Q2, with much of the overall 11.5% increase coming from acquisitions, particularly Page. Cash flow from operations also declined to $118.6 million as working-capital requirements increased alongside revenue growth.

Overall, Stantec's results point to healthy demand, improving profitability and a strong project pipeline, but investors appear to be treating the quarter as broadly consistent with already elevated expectations.

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Global Finance News 08-13-26

Stantec Edges Higher in Premarket as Record Backlog and Margin Expansion Impress

May 14, 2026 | NYSE: STN

Stantec is nudging 1.67% higher in premarket after a first quarter that demonstrates the steady, compounding quality that has made the Canadian engineering and consulting firm a reliable performer — record backlog, expanding margins, and double-digit adjusted EPS growth delivered in a macro environment that is creating genuine tailwinds for infrastructure spending.

Net revenue grew 9.1% to $1.694 billion, driven by 7.2% acquisition growth and 3.6% organic growth across all regional operating units. Adjusted EBITDA rose 13.8% to $287 million, with margin expanding 70 basis points to 16.9%. Adjusted EPS of $1.33 grew 14.7% year-on-year, and net income rose 10.7% to $110.8 million. The standout organic growth came from Water, up 14.3%, and Energy & Resources, up 8.6% — two sectors benefiting directly from global infrastructure investment cycles.

The number that arguably matters most for a professional services firm is backlog, and Stantec's hit a record $9.0 billion at quarter end, up 13.2% year-on-year. That represents approximately 13 months of forward revenue visibility, giving management confidence to reaffirm full-year guidance of 8.5% to 11.5% net revenue growth and 15% to 18% adjusted EPS growth. The Global segment posted particularly strong organic backlog growth of 21.8%, driven by Water activity under ongoing Asset Management programs in the UK and Australia.

The one soft spot was operating cash flow, which swung to a small outflow of $2.3 million from a strong positive position a year ago. Management attributed this to integration disruption from the Page acquisition — specifically a financial system migration — and elevated working capital from high organic growth in the Global segment. Days sales outstanding of 74 days was actually an improvement of three days year-on-year, suggesting the underlying collections discipline remains intact.

Balance sheet leverage of 1.3x net debt to adjusted EBITDA sits comfortably within the company's 1.0 to 2.0x target range, and the board declared a quarterly dividend of $0.245 per share — up from $0.225 a year ago.

The modest premarket move reflects the market's familiarity with Stantec's consistent execution rather than any surprise element. This is a business quietly compounding at double-digit EPS growth with a record order book — exactly the kind of steady compounder that attracts institutional accumulation rather than headline-driven spikes.

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European Investor 05-14-26

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