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Stantec Reports Record 2024 Earnings and Sets Ambitious 2025 Targets

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Stantec Reports Record 2024 Earnings and Sets Ambitious 2025 Targets

Stantec ( (TSE:STN) ) has shared an announcement.

On February 25, 2025, Stantec announced record earnings for 2024, with a 15.8% increase in net revenue to $5.9 billion and a 24.1% rise in backlog to $7.8 billion. The company achieved strong organic growth across its operations, particularly in the US, and increased its dividend by 7%. Stantec’s strategic focus on project execution and addressing pressing client challenges has positioned it well for continued growth in 2025, with expectations of 7% to 10% net revenue growth and a 16% to 19% increase in adjusted EPS.

More about Stantec

Stantec Inc. is a global leader in sustainable design and engineering, offering services in sectors such as water, buildings, and energy resources. The company focuses on addressing challenges related to water security, aging infrastructure, and climate change, with operations primarily in the US, Canada, and globally.

YTD Price Performance: -2.76%

Average Trading Volume: 119,742

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $8.72B

See more data about STN stock on TipRanks’ Stock Analysis page.

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