CTRI (Centuri Holdings) Debt-to-Equity: 1.08 (As of Mar. 2026) — 44% Below Median

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CTRI Centuri Holdings Inc CTRI
37 GF Score
Price $27.70
! 5 Warning Signs
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What is Centuri Holdings Debt-to-Equity?

Centuri Holdings CTRI +1.54% 37 Debt-to-Equity is 1.08 as of Mar. 2026, which is 44% below its 10-year median of 1.92. GuruFocus rates CTRI with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 473 Utilities - Regulated companies, Centuri Holdings ranks worse than 53.91% on this metric.

Centuri Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $69 Mil. Centuri Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $860 Mil. Centuri Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $862 Mil. Centuri Holdings's debt to equity for the quarter that ended in Mar. 2026 was 1.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Centuri Holdings's Debt-to-Equity or its related term are showing as below:

CTRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.08   Med: 1.92   Max: 6.81
Current: 1.08

During the past 6 years, the highest Debt-to-Equity Ratio of Centuri Holdings was 6.81. The lowest was 1.08. And the median was 1.92.

CTRI's Debt-to-Equity is ranked worse than
53.91% of 473 companies
in the Utilities - Regulated industry
Industry Median: 0.99 vs CTRI: 1.08

Centuri Holdings  (NYSE:CTRI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Centuri Holdings Debt-to-Equity Related Terms


Centuri Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Centuri Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centuri Holdings Debt-to-Equity Chart

Centuri Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 2.84 3.45 5.80 1.82 1.08

Centuri Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 1.85 1.81 1.08 1.08

CTRI vs CPK, NWN, MDU: Debt-to-Equity Comparison

For the Utilities - Regulated Gas subindustry, Centuri Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centuri Holdings Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Centuri Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Centuri Holdings's Debt-to-Equity falls into.


CTRI
37GF Score
Centuri Holdings Inc CTRI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Centuri Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Centuri Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Centuri Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.08 mean?
Centuri Holdings (CTRI) has a Debt-to-Equity of 1.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Centuri Holdings and its competitors. This is 44% below median its historical median of 1.92. Over the past decade, Centuri Holdings' Debt-to-Equity has ranged from 1.08 to 6.81. According to the industry distribution chart, Centuri Holdings ranks #255 out of 473 companies in the Utilities - Regulated industry, placing it in the top 53.9%.
Is Centuri Holdings' Debt-to-Equity too high?
Centuri Holdings' current Debt-to-Equity of 1.08 is 44% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 6.81. The Utilities - Regulated industry median Debt-to-Equity is 0.99. Centuri Holdings' value of 1.08 is 9.1% above this industry median. Based on the distribution chart, Centuri Holdings ranks #255 out of 473 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Centuri Holdings has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Centuri Holdings' Debt-to-Equity compare to CPK and NWN?
According to the Utilities - Regulated industry distribution chart, Centuri Holdings ranks #255 out of 473 companies for Debt-to-Equity. This places Centuri Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.99. Centuri Holdings' value of 1.08 is 9.1% above this benchmark. Historically, Centuri Holdings' own Debt-to-Equity has ranged from 1.08 to 6.81 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 0.99, Centuri Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.99, based on 473 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Centuri Holdings's current Debt-to-Equity of 1.08 is 9.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Centuri Holdings and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centuri Holdings's current Debt-to-Equity is 1.08, which is 44% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuri Holdings stock overvalued right now?
Centuri Holdings (CTRI) has a current Debt-to-Equity of 1.08. The current Debt-to-Equity is 1.08, which is 44% below median its 10-year median of 1.92 and 9.1% above the Utilities - Regulated industry median of 0.99. Centuri Holdings' overall GF Score™ is 37/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Centuri Holdings (CTRI), the current Debt-to-Equity is 1.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Centuri Holdings Business Description

Address 19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. Its reportable segments are: (i) U.S. Gas Utility Services (U.S. Gas); (ii) Canadian Utility Services (Canadian Operations); (iii) Union Electric Utility Services (Union Electric); and (iv) Non-Union Electric Utility Services (Non-Union Electric).
37GF Score

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