STN STANTEC INC
Price Chart
Executive Summary
Stantec filed its annual meeting notice and management information circular, disclosing strong 2025 financial performance with record earnings per share of $5.30 (adjusted) and $8.6 billion in backlog, alongside executive compensation payouts of 155%-190% of target due to exceptional performance. The filing is routine but highlights robust operational execution and shareholder value creation.
Actionable Insight
The strong financial results and high incentive payouts suggest exceptional operational execution. Traders should monitor whether this performance can be sustained, particularly given the 124% PSU achievement rate indicating continued momentum. The lack of material governance or risk issues supports confidence in management's execution.
Key Facts
- 2025 adjusted diluted EPS of $5.30, up 19.9% YoY and an all-time high
- Net income increased 32.6% to $479.4 million
- Contract backlog grew 9.5% to $8.6 billion
- Completed acquisitions of Ryan Hanley, Cosgroves, and Page, adding 1,640 employees
- Named Executive Officers received STIP payouts of 155% to 190% of target
- PSUs awarded in 2023 are tracking at 124.0% of target
- Real estate footprint reduced by 11%, exceeding strategic plan target
Financial Impact
Adjusted net income increased $100.1 million (19.8%) to $604.4 million; backlog increased $747 million to $8.6 billion
Risk Factors
- High executive compensation payouts may draw scrutiny if future performance falters
- Integration risks from multiple acquisitions completed in 2025
- Valuation appears rich given the stock's outperformance (200%+ TSR over 5 years)
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001171843-26-002200 |
| Exhibit: exh_991.htm | 0001171843-26-002200 |
| Document: f6k_040226.htm | 0001171843-26-002200 |
| Document: 0001171843-26-002200-index-headers.html | 0001171843-26-002200 |
| Document: 0001171843-26-002200-index.html | 0001171843-26-002200 |
| Document: 0001171843-26-002200.txt | 0001171843-26-002200 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
14d ago
|
6-K
| $76.96 $74.84 | ▼ −2.75% | ▼ −3.97% | $73.89 (−3.99%) |
|
May 14, 2026
26d ago
|
6-K
| $77.27 $76.54 | ▼ −0.94% | ▼ −1.91% | $73.89 (−4.37%) |
|
May 14, 2026
26d ago
|
Press Release
| $77.27 $76.54 | ▲ +0.94% | ▲ +1.91% | $73.89 (+4.37%) |
|
May 13, 2026
27d ago
|
Press Release
| $72.77 $76.17 | ▲ +4.67% | ▲ +5.39% | $73.89 (+1.54%) |
|
Apr 21, 2026
7w ago
|
6-K
| $90.30 $89.90 | ▼ −0.44% | ▼ −1.53% | $73.89 (−18.17%) |
|
Apr 21, 2026
7w ago
|
Press Release
| $90.30 $89.90 | ▼ −0.44% | ▼ −1.53% | $73.89 (−18.17%) |
|
Apr 13, 2026
8w ago
|
6-K
| $88.28 $91.94 | ▲ +4.15% | ▲ +0.85% | $73.89 (−16.30%) |
|
Apr 13, 2026
8w ago
|
Press Release
| $88.28 $91.94 | ▲ +4.15% | ▲ +0.85% | $73.89 (−16.30%) |
|
Apr 2, 2026
9w ago
|
6-K
| $87.02 $86.46 | ▼ −0.64% | ▼ −4.26% | $73.89 (−15.09%) |
US Market Status
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