Stantec (STN) Investor Presentation summary

Strategic positioning and business overview

• Recognized as the most sustainable engineering firm globally, with 450+ locations and 32,000 employees worldwide.

• Diverse business lines include Water, Environmental Services, Infrastructure, Buildings, and Energy & Resources.

• Strong focus on sustainability, technical expertise, and disciplined capital allocation.

• Net revenue for Q1 2025 TTM reached $6.0B, with the US accounting for 52% and Canada 24%.

Financial performance and targets

• Net revenue grew from $4.46B in 2022 to $6.05B in Q1 2025 TTM.

• Adjusted EBITDA margin improved to 16.9% in Q1 2025 TTM.

• Adjusted EPS increased to $4.69 in Q1 2025 TTM.

• 2025 targets: net revenue growth of 7–10%, adjusted EBITDA margin of 16.7–17.3%, and adjusted EPS growth of 16–19%.

• Three-year targets (2026): $7.5B net revenue, 17–18% adjusted EBITDA margin, and above 11% ROIC.

Segment highlights

• Water: $1.2B in Q1 2025 TTM net revenue, with a 70-year track record in water solutions and disaster response.

• Environmental Services: $1.1B in net revenue, focusing on conservation, permitting, and ecosystem restoration.

• Infrastructure: $1.7B in net revenue, leading in transport system design and sustainable community development.

• Buildings: $1.3B in net revenue, ranked #1 in architecture and engineering for 13 years, specializing in net-zero and adaptive reuse.

• Energy & Resources: $0.7B in net revenue, with a strong focus on renewable energy and grid resilience.