Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Stantec.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.50B | $6.48B | $5.68B | $4.58B | $4.73B | $4.83B | $4.28B | $5.14B | $4.30B | $2.88B |
| Cost of Revenue | $4.30B | $4.02B | $3.26B | $2.61B | $2.80B | $2.82B | $2.47B | $3.31B | $2.62B | $1.58B |
| Gross Profit | $3.20B | $2.46B | $2.42B | $1.96B | $1.93B | $2.01B | $1.82B | $1.83B | $1.68B | $1.29B |
| Gross Profit Ratio | 42.61% | 37.98% | 42.58% | 42.90% | 40.81% | 41.61% | 42.37% | 35.56% | 38.98% | 44.92% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.29B | $1.93B | $1.74B | $1.42B | $1.35B | $1.43B | $1.44B | $1.46B | $1.34B | $988.57M |
| Other Expenses | $318.60M | $- | $283.50M | $221.80M | $228.80M | $240.90M | $-100.00K | $600.00K | $1.15M | $974.00K |
| Operating Expenses | $2.60B | $1.93B | $2.03B | $1.65B | $1.58B | $1.67B | $1.55B | $1.60B | $1.46B | $1.07B |
| Cost and Expenses | $6.91B | $5.95B | $5.29B | $4.26B | $4.38B | $4.49B | $4.02B | $4.91B | $4.09B | $2.66B |
| Interest Income | $14.20M | $11.70M | $5.60M | $4.80M | $3.90M | $3.70M | $2.90M | $3.20M | $2.88M | $2.38M |
| Interest Expense | $117.80M | $104.70M | $64.00M | $37.90M | $49.20M | $73.30M | $28.70M | $29.00M | $31.53M | $13.30M |
| Depreciation and Amortization | $318.60M | $283.60M | $283.50M | $221.80M | $228.80M | $240.90M | $115.10M | $125.20M | $126.83M | $83.73M |
| EBITDA | $901.70M | $801.00M | $677.50M | $523.40M | $491.50M | $570.90M | $370.20M | $414.70M | $344.43M | $309.25M |
| EBITDA Ratio | 12.02% | 12.36% | 11.93% | 11.44% | 10.39% | 11.83% | 8.64% | 8.07% | 8.01% | 10.75% |
| Operating Income | $591.00M | $530.10M | $383.60M | $325.70M | $344.50M | $335.60M | $261.90M | $229.30M | $214.37M | $220.29M |
| Operating Income Ratio | 7.88% | 8.18% | 6.76% | 7.12% | 7.28% | 6.95% | 6.11% | 4.46% | 4.99% | 7.66% |
| Total Other Income Expenses Net | $-125.70M | $-102.90M | $-391.50M | $-276.70M | $-127.80M | $-68.40M | $-35.60M | $-90.70M | $-33.57M | $-8.68M |
| Income Before Tax | $465.30M | $427.20M | $325.10M | $263.00M | $216.70M | $265.50M | $226.30M | $263.50M | $180.82M | $211.61M |
| Income Before Tax Ratio | 6.20% | 6.59% | 5.73% | 5.75% | 4.58% | 5.50% | 5.28% | 5.13% | 4.20% | 7.35% |
| Income Tax Expense | $103.80M | $96.00M | $78.10M | $62.30M | $57.60M | $71.10M | $55.00M | $166.50M | $50.27M | $55.23M |
| Net Income | $361.50M | $331.20M | $247.00M | $200.70M | $171.10M | $194.40M | $47.40M | $97.00M | $130.55M | $156.38M |
| Net Income Ratio | 4.82% | 5.11% | 4.35% | 4.39% | 3.62% | 4.03% | 1.11% | 1.89% | 3.04% | 5.43% |
| EPS | $3.17 | $2.98 | $2.22 | $1.80 | $1.53 | $1.74 | $0.42 | $0.85 | $1.22 | $1.66 |
| EPS Diluted | $3.17 | $2.98 | $2.21 | $1.80 | $1.53 | $1.74 | $0.42 | $0.85 | $1.22 | $1.65 |
| Weighted Average Shares Outstanding | 114.07M | 111.23M | 110.94M | 111.24M | 111.55M | 111.55M | 113.73M | 113.99M | 107.01M | 94.14M |
| Weighted Average Shares Outstanding Diluted | 114.07M | 111.23M | 111.62M | 111.62M | 111.95M | 111.55M | 113.82M | 114.35M | 107.33M | 94.59M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $228.50M | $352.90M | $148.30M | $193.90M | $285.00M | $208.10M | $185.20M | $239.50M | $210.90M | $67.34M |
| Short Term Investments | $26.20M | $15.80M | $9.10M | $21.40M | $34.70M | $15.40M | $18.10M | $9.30M | $20.89M | $27.11M |
| Cash and Short Term Investments | $254.70M | $352.90M | $148.30M | $193.90M | $285.00M | $223.50M | $185.20M | $248.80M | $231.79M | $94.45M |
| Net Receivables | $2.23B | $1.85B | $1.73B | $1.40B | $1.19B | $1.30B | $1.37B | $1.29B | $1.21B | $819.27M |
| Inventory | $- | $- | $48.60M | $45.80M | $43.90M | $42.90M | $56.80M | $62.20M | $71.10M | $- |
| Other Current Assets | $65.60M | $70.90M | $58.80M | $69.30M | $81.50M | $61.00M | $80.00M | $68.30M | $87.82M | $56.13M |
| Total Current Assets | $2.55B | $2.27B | $1.94B | $1.66B | $1.57B | $1.58B | $1.64B | $1.61B | $1.58B | $951.39M |
| Property Plant Equipment Net | $773.30M | $710.40M | $721.10M | $710.20M | $687.10M | $845.00M | $289.40M | $212.60M | $213.93M | $158.09M |
| Goodwill | $2.71B | $2.38B | $2.35B | $2.18B | $1.67B | $1.65B | $1.62B | $1.56B | $1.83B | $966.48M |
| Intangible Assets | $427.00M | $265.70M | $320.40M | $373.30M | $182.00M | $219.60M | $247.70M | $262.40M | $449.53M | $138.08M |
| Goodwill and Intangible Assets | $3.14B | $2.65B | $2.67B | $2.56B | $1.86B | $1.87B | $1.87B | $1.82B | $2.28B | $1.10B |
| Long Term Investments | $283.70M | $262.50M | $208.40M | $216.00M | $178.50M | $8.80M | $9.40M | $195.80M | $169.28M | $116.59M |
| Tax Assets | $119.30M | $92.60M | $45.20M | $48.30M | $42.40M | $31.90M | $21.20M | $23.20M | $26.20M | $11.25M |
| Other Non-Current Assets | $91.30M | $89.00M | $73.60M | $29.90M | $60.00M | $224.30M | $185.50M | $22.10M | $15.15M | $- |
| Total Non-Current Assets | $4.41B | $3.80B | $3.72B | $3.56B | $2.82B | $2.98B | $2.37B | $2.27B | $2.70B | $1.39B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $6.96B | $6.08B | $5.65B | $5.23B | $4.39B | $4.56B | $4.01B | $3.88B | $4.28B | $2.34B |
| Account Payables | $447.60M | $351.90M | $300.60M | $213.10M | $217.60M | $225.50M | $222.60M | $367.10M | $363.90M | $123.40M |
| Short Term Debt | $305.70M | $271.60M | $216.60M | $182.10M | $154.90M | $166.30M | $51.40M | $198.20M | $91.88M | $133.06M |
| Tax Payables | $32.30M | $21.40M | $25.90M | $26.60M | $24.20M | $28.40M | $2.90M | $11.00M | $1.79M | $- |
| Deferred Revenue | $502.40M | $397.50M | $327.70M | $264.80M | $197.30M | $199.20M | $174.40M | $187.40M | $201.77M | $109.16M |
| Other Current Liabilities | $691.00M | $573.30M | $539.20M | $492.80M | $393.20M | $386.90M | $407.30M | $391.80M | $615.25M | $375.60M |
| Total Current Liabilities | $1.98B | $1.62B | $1.41B | $1.18B | $987.20M | $1.01B | $858.60M | $1.15B | $1.07B | $632.05M |
| Long Term Debt | $1.74B | $1.46B | $1.74B | $1.77B | $1.16B | $1.42B | $722.50M | $544.40M | $928.59M | $242.84M |
| Deferred Revenue Non-Current | $- | $1 | $- | $190.20M | $209.10M | $185.90M | $162.70M | $131.20M | $131.15M | $62.57M |
| Deferred Tax Liabilities Non-Current | $63.60M | $24.40M | $28.20M | $77.50M | $63.40M | $73.20M | $54.30M | $54.60M | $79.59M | $21.26M |
| Other Non-Current Liabilities | $231.30M | $219.90M | $187.70M | $7.00M | $39.50M | $300.00K | $140.40M | $98.10M | $96.02M | $59.89M |
| Total Non-Current Liabilities | $2.03B | $1.70B | $1.96B | $2.04B | $1.47B | $1.68B | $1.24B | $828.30M | $1.24B | $386.56M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $4.01B | $3.32B | $3.37B | $3.22B | $2.46B | $2.68B | $2.10B | $1.98B | $2.31B | $1.02B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.27B | $1.27B | $983.80M | $972.40M | $932.20M | $879.80M | $867.80M | $878.20M | $871.82M | $289.12M |
| Retained Earnings | $1.37B | $1.39B | $1.15B | $1.04B | $958.60M | $917.70M | $851.20M | $947.10M | $917.88M | $852.73M |
| Accumulated Other Comprehensive Income Loss | $297.90M | $89.70M | $140.60M | $-24.70M | $24.80M | $54.10M | $163.10M | $49.50M | $167.29M | $165.63M |
| Other Total Stockholders Equity | $5.50M | $5.50M | $6.70M | $10.60M | $12.90M | $23.90M | $24.80M | $21.50M | $18.71M | $15.79M |
| Total Stockholders Equity | $2.95B | $2.76B | $2.29B | $2.00B | $1.93B | $1.88B | $1.91B | $1.90B | $1.98B | $1.32B |
| Total Equity | $2.95B | $2.76B | $2.29B | $2.00B | $1.93B | $1.88B | $1.91B | $1.90B | $1.98B | $1.32B |
| Total Liabilities and Stockholders Equity | $6.96B | $6.08B | $5.65B | $5.23B | $4.39B | $4.56B | $4.01B | $3.88B | $4.28B | $2.34B |
| Minority Interest | $- | $- | $400.00K | $500.00K | $800.00K | $1.60M | $1.80M | $3.00M | $772.00K | $- |
| Total Liabilities and Total Equity | $6.96B | $6.08B | $5.65B | $5.23B | $4.39B | $4.56B | $4.01B | $3.88B | $4.28B | $2.34B |
| Total Investments | $309.90M | $278.30M | $217.50M | $237.40M | $213.20M | $24.20M | $9.40M | $205.10M | $190.17M | $143.70M |
| Total Debt | $2.04B | $1.73B | $1.92B | $1.92B | $1.32B | $1.57B | $933.70M | $739.60M | $1.02B | $365.36M |
| Net Debt | $1.81B | $1.38B | $1.77B | $1.73B | $1.03B | $1.36B | $748.50M | $500.10M | $809.56M | $298.01M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $361.50M | $331.20M | $247.00M | $200.70M | $159.10M | $194.40M | $47.40M | $97.00M | $130.55M | $156.38M |
| Depreciation and Amortization | $318.60M | $283.60M | $283.50M | $221.80M | $228.80M | $240.90M | $115.10M | $134.80M | $126.83M | $83.73M |
| Deferred Income Tax | $-42.40M | $-45.60M | $-43.20M | $-4.40M | $-21.90M | $- | $- | $-26.40M | $12.56M | $-6.30M |
| Stock Based Compensation | $43.00M | $60.10M | $26.00M | $46.70M | $16.40M | $18.10M | $5.30M | $9.50M | $8.91M | $11.20M |
| Change in Working Capital | $-176.20M | $-107.30M | $-254.00M | $-126.40M | $80.30M | $- | $- | $84.20M | $-2.53M | $-39.97M |
| Accounts Receivables | $-167.50M | $-120.10M | $-211.70M | $-8.40M | $103.30M | $- | $- | $70.70M | $32.77M | $-7.90M |
| Inventory | $- | $- | $-22.80M | $65.80M | $- | $- | $- | $218.50M | $-4.44M | $5.46M |
| Accounts Payables | $- | $-54.40M | $22.80M | $-65.80M | $- | $- | $- | $-172.80M | $1.70M | $-21.10M |
| Other Working Capital | $-8.70M | $67.20M | $-42.30M | $-118.00M | $-23.00M | $- | $- | $-32.20M | $-32.56M | $-16.43M |
| Other Non Cash Items | $98.60M | $22.70M | $45.00M | $58.60M | $141.10M | $-900.00K | $10.10M | $-35.40M | $9.36M | $472.00K |
| Net Cash Provided by Operating Activities | $603.10M | $544.70M | $304.30M | $397.00M | $603.80M | $452.50M | $172.60M | $263.70M | $285.69M | $205.52M |
| Investments in Property Plant and Equipment | $-99.00M | $-100.60M | $-74.90M | $-50.60M | $-34.20M | $-60.30M | $-134.20M | $-66.80M | $-65.83M | $-41.67M |
| Acquisitions Net | $-555.00M | $-75.60M | $-50.40M | $-702.50M | $-50.60M | $-77.10M | $-142.50M | $256.90M | $-1.07B | $-203.46M |
| Purchases of Investments | $-40.00M | $-110.40M | $-206.20M | $-61.60M | $-20.70M | $- | $- | $-8.00M | $-12.11M | $-7.49M |
| Sales Maturities of Investments | $73.80M | $72.80M | $244.60M | $47.80M | $-3.00M | $- | $3.70M | $336.60M | $14.18M | $4.92M |
| Other Investing Activities | $15.20M | $12.10M | $13.10M | $2.10M | $6.50M | $2.20M | $10.60M | $-458.40M | $-260.00K | $-4.69M |
| Net Cash Used for Investing Activities | $-605.00M | $-201.70M | $-73.80M | $-764.80M | $-102.00M | $-135.20M | $-266.10M | $60.30M | $-1.14B | $-252.39M |
| Debt Repayment | $-58.10M | $-201.20M | $-171.20M | $358.30M | $-322.80M | $-199.70M | $105.20M | $-218.20M | $485.70M | $-15.44M |
| Common Stock Issued | $- | $287.10M | $- | $- | $- | $18.90M | $6.90M | $7.90M | $608.90M | $9.48M |
| Common Stock Repurchased | $- | $-10.00M | $-65.30M | $-50.70M | $-80.30M | $-41.20M | $-74.70M | $-14.40M | $-18.20M | $- |
| Dividends Paid | $-94.00M | $-84.90M | $-78.20M | $-72.30M | $-68.00M | $-64.00M | $-61.30M | $-55.50M | $-46.11M | $-38.33M |
| Other Financing Activities | $- | $-115.70M | $18.00M | $41.20M | $58.50M | $18.90M | $-100.00K | $-900.00K | $-35.16M | $- |
| Net Cash Used Provided by Financing Activities | $-152.10M | $-134.00M | $-296.70M | $276.50M | $-412.60M | $-286.00M | $18.00M | $-281.10M | $995.14M | $-44.30M |
| Effect of Forex Changes on Cash | $29.60M | $-4.40M | $27.80M | $-6.80M | $-8.40M | $-12.50M | $21.20M | $-14.30M | $-681.00K | $4.81M |
| Net Change in Cash | $-124.40M | $204.60M | $-38.40M | $-98.10M | $80.80M | $18.80M | $-54.30M | $28.60M | $143.56M | $-86.36M |
| Cash at End of Period | $228.50M | $352.90M | $148.30M | $186.70M | $284.80M | $204.00M | $185.20M | $239.50M | $210.90M | $67.34M |
| Cash at Beginning of Period | $352.90M | $148.30M | $186.70M | $284.80M | $204.00M | $185.20M | $239.50M | $210.90M | $67.34M | $153.70M |
| Operating Cash Flow | $603.10M | $544.70M | $304.30M | $397.00M | $603.80M | $452.50M | $172.60M | $263.70M | $285.69M | $205.52M |
| Capital Expenditure | $-99.00M | $-100.60M | $-74.90M | $-50.60M | $-34.20M | $-60.30M | $-134.20M | $-66.80M | $-65.83M | $-41.67M |
| Free Cash Flow | $504.10M | $444.10M | $229.40M | $346.40M | $569.60M | $392.20M | $38.40M | $196.90M | $219.86M | $163.84M |