Is STN One of Canada’s Best Infrastructure Plays?
Key Highlights
- On 12 August 2026, Stantec reported second-quarter results with gross Revenue of about $2,228.0 million and net revenue of about $1,780.6 million, up about 11.5% year over year.
- Growth was a mix of acquisitions, contributing about 7.1%, and organic growth of about 3.7%.
- Net-revenue growth of about 11.5%, split between acquisitions and organic gains, shows a balanced growth model, while the record adjusted EBITDA Margin of about 18.7% and the roughly 17.1% rise in adjusted EBITDA demonstrate real Operating Leverage and cost discipline.
- The Backlog of about $9.2 billion, up about 17.5% and equating to roughly 13 months of work, provides strong revenue visibility…
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