Stantec Inc.

STN.TOTSXIndustrials● Active

$103.45

+$0.49(+0.48%)

Market Cap$11.8B

P/E Ratio—

52W High$160.05

52W Low$99.67

Avg Volume420K

Open$102.86

Beta0.72

Overview

Stantec Inc. (STN.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

STN.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

STN.TO · FCF · TTM · margin & CAGR

Free cash flow was $791.0M for FY2025 (fiscal year ending 2025-12-31), up 56.9% year-over-year The FCF margin was 9.7%. Five-year CAGR stands at +6.7%.

FY2025 Free Cash Flow$791.0M▲ +56.9% YoY

Trailing 12M (TTM)$682.6Mtrailing 4 quarters sum

FCF Margin9.7%$791.0M ÷ revenue

3-Year CAGR+49.7%FY2022 → FY2025

5-Year CAGR+6.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

STN.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$862.9M(72M)$791.0M▲ +56.9%9.7%

FY2024$603.1M(99M)$504.1M▲ +20.2%8.6%

FY2023$520.0M(101M)$419.4M▲ +77.9%8.3%

FY2022$304.3M(69M)$235.8M▼ 32.9%5.3%

FY2021$397.0M(46M)$351.2M▼ 38.7%9.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

STN.TO · P/FCF · FCF yield · FCF per share

Stantec Inc. (STN.TO) trades at a FCF yield of 5.81% and a price-to-free-cash-flow ratio of 17.3x. FCF per share stands at $5.98, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.81%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.98

TTM FCF ÷ Shares Outstanding

Price / FCF

x17.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

STN.TO · cash flow statement · operating / investing / financing

For FY2025, Stantec Inc. generated $862.9M in operating cash flow and spent 72M in capital expenditures, yielding $791.0M in free cash flow.

Operating Activities

+$862.9M

Cash from core business operations

2025-12-31

Investing Activities

−$534.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$139.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($862.9M) − |CapEx| (72M) = FCF ($791.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

STN.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Stantec Inc.YOU

STN.TO

$791.0M+56.9%9.7%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Stantec Inc. (STN.TO) reported free cash flow of $791.0M for FY2025 (fiscal year ending 2025-12-31), up 56.9% year-over-year. The FCF margin was 9.7%.

Based on available data, Stantec Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $791.0M in FY2025. The 5-year CAGR stands at +6.7%.

Stantec Inc.'s FCF yield is 5.81% and price-to-FCF ratio is 17.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

STN.TO free cash flow · 8 questions

Stantec Inc. free cash flow was $791.0M for FY2025, up 56.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $682.6M.

STN.TO free cash flowSTN.TO FCFSTN.TO FCF 2025STN.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Stantec Inc. · Stantec Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026