Business News and Headlines

Stantec Reports Record 2025 Results, Achieves 17.6% Adjusted EBITDA Margin, Increases Dividend by 8.9%, and Provides 2026 Outlook

Stantec posted record 2025 results, delivering $6.5 billion in net revenue, a 10.7% year‑over‑year increase, and an adjusted EBITDA of $1.14 billion, lifting its margin to a record 17.6%. Diluted earnings per share rose 19.9% to $4.20, while operating cash flow jumped 43% to $862.9 million. The company expanded its backlog to $8.6 billion, representing roughly 13 months of work, and raised its quarterly dividend by 8.9% to $0.245 per share. Stantec also outlined an ambitious 2026 outlook, targeting 8.5‑11.5% revenue growth and an EBITDA margin up to 18.2%.