Centuri Q4 revenue $717M, Adj. EBITDA $70.7M; guides FY2025 revenue $2.6-2.8B

Centuri Holdings, Inc.

2024-FY EPS reported -$0.08 revenue$2,637,229,000

Q4 revenue $717.1M (+7.8% YoY); diluted EPS $0.12; adjusted diluted EPS $0.21.
FY2024 revenue $2.64B (above $2.6B midpoint guidance); net loss $6.7M; Adj. EBITDA $238.2M (9.0% margin).
Backlog $3.7B (90% MSA); net debt/EBITDA improved to 3.6x from 4.0x.
FY2025 outlook: revenue $2.60-2.80B, Adj. EBITDA $240-275M, net capex $65-80M.
Appointed Chris Brown as President & CEO effective Dec 3, 2024; hurricane restoration added $46.7M Q4 revenue.

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