Stantec (STN) Operating Margin (2011 - 2026)
Stantec (STN) recorded quarterly Operating Margin of 12.0% in Q1 2026, up 8.26% quarter-over-quarter from 11.08% in Q4 2025, and up 88.0% on a YoY basis from 6.38% in Q1 2025.
Stantec (STN) Operating Margin (2011 - 2026) Analysis & Trends
Stantec's Operating Margin history runs 14 years deep, the most recent figure standing at 12.0% for Q1 2026.
- In Q1 2026, Operating Margin rose 88.0% year-over-year to 12.0%; the TTM figure through Mar 2026 stood at 12.08% (up 108.0% YoY), while the FY2025 annual figure was 28.85%, down 626.0% from the prior year.
- Operating Margin was 12.0% for Q1 2026 at Stantec, up from 11.08% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 12.54% in Q3 2025 to a low of 9.65% in Q1 2022.
- Historically, Operating Margin has averaged 10.91% across 5 years, with a median of 10.96% in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Margin surged 235 bps in 2022, then plunged 76 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 10.59% in 2022, then declined by 7 bps to 9.83% in 2023, then grew by 1 bps to 9.92% in 2024, then gained by 12 bps to 11.08% in 2025, then climbed by 8 bps to 12.0% in 2026.
- The last three Operating Margin figures came in at 12.0% (Q1 2026), 11.08% (Q4 2025), and 12.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.30% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 16.95% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 8.73% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.70% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 16.69% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.20% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.20% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.52% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Stantec | 71.69 Mn | 71.69 Mn | 914.10 Mn | 12.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.00% |
| Dec 31, 2025 | 11.08% |
| Sep 30, 2025 | 12.54% |
| Jun 30, 2025 | 11.91% |
| Mar 31, 2025 | 11.12% |
| Dec 31, 2024 | 9.92% |
| Sep 30, 2024 | 11.48% |
| Jun 30, 2024 | 10.99% |
| Mar 31, 2024 | 10.50% |
| Dec 31, 2023 | 9.83% |
| Sep 30, 2023 | 11.35% |
| Jun 30, 2023 | 10.96% |
| Mar 31, 2023 | 10.15% |
| Dec 31, 2022 | 10.59% |
| Sep 30, 2022 | 10.82% |
| Jun 30, 2022 | 10.54% |
| Mar 31, 2022 | 9.65% |
| Dec 31, 2021 | 8.24% |
| Sep 30, 2021 | 11.21% |
| Jun 30, 2021 | 10.81% |