Stantec Inc · TSX:STN
Stantec — Q1 2025 Earnings Presentation
16 slides from Stantec's earnings presentation, May 2025
Slide 1: Investor Presentation First Quarter 2025
Investor Presentation First Quarter 2025
Slide 2: Cautionary statement
Cautionary statement This presentation contains non-IFRS and other financial measures and forward-looking statements, including a discussion of our business targets, expectations, and outlook. We caution readers not to place undue reliance on our forward- INVESTOR PRESENTATION looking statements sin
Slide 3: Global leader in sustainable engineering, design, and environmental services
24% 24% Global leader in sustainable Global Canada engineering, design, and environmental services Q1 2025 TTM Net Revenue by Reportable Segment INVESTOR PRESENTATION #1 Ranked most sustainable engineering firm in the world 2025 Corporate Knights Global 100 52% United States TSX / NYSE Locations Emp
Slide 4: Stantec's value proposition
Stantec’s value proposition • Diverse business lines and customers INVESTOR PRESENTATION • Well-positioned for organic growth • Global leader in sustainability • Strong culture & technical expertise • Disciplined capital allocation strategy Loyola Dr. Interchange Design Build Project 4 Kenner, LA, U
Slide 5: Execution of our strategy drives strong results
Execution of our strategy drives strong results Net Revenue Adjusted EBITDA Adjusted EPS ($ millions) & Margin ($ per share) ($ millions & %) INVESTOR PRESENTATION 16.9% $6,050 16.7% $4.69 $5,867 $1,021 $4.42 $980 16.4% $5,066 $4,457 16.2% $831 $3.67 $724 $3.13 2022 2023 2024 Q1 2025 2022 2023 2024
Slide 6: Business Operating Units overview
Q1 2025 TTM Business Operating Units overview net revenue of $6.0 billion INVESTOR PRESENTATION Water Environmental Infrastructure Buildings Energy & Resources Services $1.2B 21% $1.1B 18% $1.7B 28% $1.3B 22% $0.7B 11% 6
Slide 7: Water
$1.2B Q1 2025 TTM Net Revenue Q1 2025 Net Revenue Water Resources Wastewater Treatment By sector Conveyance INVESTOR PRESENTATION Water Treatment Wet Weather Flow & Urban Stantec is recognized as a global leader Stormwater in the Water business, with 70 years Industrial Water experience United State
Slide 8: Environmental Services
$1.1B Q1 2025 TTM Net Revenue Q1 2025 Net Revenue Buildings Power & Dams Water By sector INVESTOR PRESENTATION Oil & Gas Transportation Environmental Services helps preserve Mining and minimize impacts to environmental, Community Development social and cultural resources • Environmental Services pro
Slide 9: Infrastructure
$1.7B Q1 2025 TTM Net Revenue Q1 2025 Net Revenue Roadways Land Development By sector INVESTOR PRESENTATION Transit & Rail Bridges & Structures Urban Places & Other Infrastructure is a leader in transport Ports & Marines system design and community development • Stantec’s Infrastructure group is at
Slide 10: Buildings
$1.3B Q1 2025 TTM Net Revenue Q1 2025 Net Revenue Civic Healthcare Commercial By sector Industrial Buildings INVESTOR PRESENTATION Educational/Institutional Mission Critical Facilities Buildings ranked #1 in Architecture and Workplace/Office & Science & Engineering for the last 13 years1 Technology
Slide 11: Energy & Resources
$0.7B Q1 2025 TTM Net Revenue Q1 2025 Net Revenue Power & Energy By sector Mining INVESTOR PRESENTATION Waterpower & Dams Oil & Gas Energy & Resources plays a critical role in energy transition • Stantec’s Energy & Resources group delivers utility-scale and microgrid renewable energy generation engi
Slide 12: Backlog
Backlog $billions, unless otherwise stated $7.9 12.8%* INVESTOR PRESENTATION $7.0 $1.4 $1.2 Organic Growth* 7.5% $4.8 $4.3 *Compared to Q1 2024 $1.5 $1.7 Global United States Q1 2024 Q1 2025 Canada GWL First Canadian Centre 12 Calgary, AB, Canada
Slide 13: Regional 2025 Outlook
Organic growth expected to be in the mid to high single digits in each of our geographies, driven by: Regional 2025 Outlook United States • Continuing strong momentum as reflected in record-high backlog • Macro factors of aging infrastructure, water infrastructure, data centres, and energy infrastru
Slide 14: Delivering on M&A, a key growth strategy
Delivering on M&A, a key growth strategy INVESTOR PRESENTATION Page Ryan Hanley • 1,400-person architecture and engineering firm • 150-person engineering and environmental • Acquisition will position Stantec to become the second consultancy largest architecture firm in the US • The acquisition is an
Slide 15: 2025 Financial targets
2025 Financial targets 2025 Annual Range INVESTOR PRESENTATION Net revenue growth 7% to 10% Adjusted EBITDA as % of net revenue1 16.7% to 17.3% Adjusted net income as % of net revenue1 above 8.8% Adjusted EPS growth1 16% to 19% Adjusted ROIC1 above 12% 1. Adjusted EBITDA, adjusted net income, adjust
Slide 16: Three-year Financial Targets
Three-year Financial Targets Stantec’s Targets (End Of 2026) INVESTOR PRESENTATION 2026 Net revenue $7.5 billion Focus on execution and efficiencies Organic net revenue 3-Year CAGR1 above 7% will drive margin enhancement Project margin as % of net revenue1 53% to 56% Providing strong return economic