STN on NYSE

Stantec

Logo: stantec.com5

Professional services company in the design and consulting industry

Stantec Inc. is a multinational professional services company in the design and consulting industry.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

479.4MNet income, fiscal 20256
1954Founded1

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  • TickerSTN on NYSE1
  • IndustryServices-Engineering Services1
  • HeadquartersEdmonton1
  • Websitewww.stantec.com
  • Legal formbusiness corporation1
  • Listed onToronto Stock Exchange (STN), New York Stock Exchange (STN)1
  • Business address300 10220 103 Avenue Nw, Edmonton Alberta T5J 0K4 Canada, Edmonton, A0 000007
  • LEI549300MZ7NGUZDCP2T164
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressSuite 300, 10220 103 Avenue Northwest, T5J 0K4 Edmonton, Canada4
  • Registered withCorporations Canada, 301878-44
StantecTower
Photo: Jarodsc18, CC BY-SA 4.0, via Wikimedia Commons9

Stantec Inc. is a multinational professional services company in the design and consulting industry. The company was founded in 1954, as D. R. Stanley Associates in Edmonton, Alberta, Canada. Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. The company provides services on projects around the world, with over 32,000 employees operating out of more than 450 locations in North America and across offices on six continents.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2019

41.6%Gross margin10
4.0%Net margin10
12.7%Revenue growth, 201911
395.8M CADFree cash flow10

Where the money goes

Where each dollar of revenue went, fiscal 2019

  • Other costs96¢4.6B CAD
  • Profit4¢194.4M CAD

Out of 4.8B CAD in revenue.1110

Where each dollar of operating cash went, fiscal 2019

  • Capital spending13¢56.7M CAD
  • Kept or used elsewhere87¢395.8M CAD

Out of 452.5M CAD of cash from operations.10

Financial statements

Revenue114.8B CAD in 2019+13% since 2018
02.0B CAD4.0B CAD6.0B CAD2018: 4.3B CAD4.3B CAD20182019: 4.8B CAD4.8B CAD2019+13%
Gross profit11102.0B CAD in 2019+11% since 2018
01.0B CAD2.0B CAD3.0B CAD2018: 1.8B CAD1.8B CAD20182019: 2.0B CAD2.0B CAD2019+11%
Net income1110194.4M CAD in 2019+310% since 2018
050.0M CAD100.0M CAD150.0M CAD200.0M CAD2018: 47.4M CAD47.4M CAD20182019: 194.4M CAD194.4M CAD2019+310%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2025-12-312024-12-31
Gross revenue8.1B CAD7.5B CAD
Less subconsultant and other direct expenses1.6B CAD1.6B CAD
Net revenue6.5B CAD5.9B CAD
Direct payroll costs3.0B CAD2.7B CAD
Project margin3.5B CAD3.2B CAD
Administrative and marketing expenses2.5B CAD2.3B CAD
Depreciation of property and equipment70.6M CAD67.7M CAD
Depreciation of lease assets133.6M CAD127.1M CAD
Amortization of intangible assets147.5M CAD123.8M CAD
Net impairment of lease assets and property and equipment6.0M CAD34.9M CAD
Net interest expense and other net finance expense102.0M CAD104.4M CAD
Other income-18.2M CAD-13.6M CAD
Income before income taxes630.0M CAD465.3M CAD
Current122.7M CAD146.2M CAD
Deferred27.9M CAD-42.4M CAD
Total income taxes150.6M CAD103.8M CAD
Net income479.4M CAD361.5M CAD
Weighted average number of shares outstanding - basic (in shares)114.1M shares114.1M shares
Weighted average number of shares outstanding - diluted (in shares)114.1M shares114.1M shares
Earnings per share, basic (in cad per share)4.20 CAD3.17 CAD
Earnings per share, diluted (in cad per share)4.20 CAD3.17 CAD

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The story

Don Stanley was the first Canadian to earn a Ph.D. in environmental engineering. Attending Harvard University on a Rockefeller Foundation scholarship, he earned his doctorate in 1952 and two years later founded D.R. Stanley & Associates, working as the sole proprietor out of a 250-square-foot (23 m2) office in Edmonton, Alberta. In 1955, Stanley hired a retired railway engineer, Herb Roblin, and a former chief bridge engineer for the provincial government, Louis Grimble. The firm was renamed Stanley, Grimble and Roblin Ltd. and with the two new partners’ transportation backgrounds, the firm diversified quickly.

The 1970s were boom years for Stanley Associates, but with the advance of the sharp recession of the 1980s, Stanley was ready to turn the company over to his second-in-command, Ron Triffo, in 1983. Triffo held a bachelor's degree in civil engineering from the University of Manitoba and an MSc in Engineering from the University of Illinois. In 1983, when Alberta's economy was struggling in response to the Canadian government's National Energy Program, Triffo became president and COO, while Stanley retained his role as CEO and chair. “We had cut our staff in half from 400 to about 200,” Triffo said. “We really started to think about a new way of doing things for the company. We were heavily involved in Alberta in a big, big way and therefore very vulnerable to the up and down cycles of the province. We decided we had to diversify the company in a discipline sense. We had to become more than just a civil engineering company and we had to diversify geographically.”

The company started its diversification by forming an urban development company under another name, IMC, which grew to 200 people. The diversification of Stanley Associates occurred by acquisition as well. The firm expanded into British Columbia and Saskatchewan and internationally, beginning a corporate move into central Canada. Stanley also made its first U.S. acquisition, in Phoenix, establishing a base for specialty services and future expansion in the US Southwest.

Following the success of IMC, Stanley Associates' various practices operated under boutique names, with as many as 20 different companies. By the early 1990s, the companies were placed under the umbrella of Stanley Technology Group, and most subsidiaries featured the name Stanley in their name. Staff numbers neared 900 and the firm went public on the Toronto Stock Exchange in 1994.

In 1998, Triffo stepped into the role of board chair, where he remained until retiring in 2011. Tony Franceschini, then vice president of the Commercial/Institutional sector and a board member, became president and CEO. Franceschini began his career with a consulting engineering firm in Toronto, Ontario in 1975 after graduating from the University of Waterloo with a degree in civil engineering, where he worked with Triffo.

The year Franceschini became president and CEO, Stantec had 2,000 employees in 40 offices and reported $185.5 million in gross revenue. “Our vision is to grow the company into a 10,000 employee, billion-dollar firm by 2008,” Franceschini said. Franceschini was instrumental in launching the new global, single-brand identity, Stantec, which enabled the company's services to be delivered through an integrated approach. “The move was a major achievement –– in a two-month period, we sought and received shareholder approval to change the name of over 30 companies,” says Franceschini.

Stantec was listed on the New York Stock Exchange in 2005. Franceschini retired in May 2009. Bob Gomes was appointed president and CEO. Like the Stantec's previous three presidents, Gomes is a licensed engineer who earned his degree in civil engineering from the University of Alberta and joined Stantec in 1988.

Between 2008 and 2011, gross revenue increased from $1.4 billion to $1.7 billion, the Stantec team grew from 8,000 staff to over 12,000 staff, the company acquired 16 firms, and strengthened its presence in markets across North America and internationally. According to Reuters, US Edition, "Its services are offered through more than 170 locations in North America and four locations internationally"

Read the full text

In May 2016, Stantec signed a definitive merger agreement with MWH Global, Inc. worth $1.04 billion CAD, making Stantec Inc. one of the world's top three global design firms. It expected to boost revenues by 60% a year, and increased the number of employees from 15,000 to 22,000.

Bob Gomes retired from Stantec in 2017. In January 2018, Gord Johnston became CEO of Stantec. Johnston has 30 years of private and public sector experience in the design and project management of infrastructure projects. Johnston has bachelor of science and master of engineering degrees in civil engineering from the University of Alberta, and is a registered professional engineer, certified project management professional, and Envision Sustainability Professional.

Gord Johnston retired from Stantec in 2026. In October 2026, Susan Reisbord became President and CEO of Stantec. With more than 30 years of experience in architecture, engineering, and environmental consulting, she has experience with Stantec's clients and communities. Susan joined Stantec in December 2021 through the acquisition of Cardno, where she was the Managing Director and CEO.

Growth

Stantec has 34,000 employees and 450 locations on six continents worldwide.

Acquisitions

Stantec has acquired over 130 firms since 1994. Acquisitions include MWH Global, Inc., KBR, Inc. Infrastructure Americas Division, Dessau engineering, Fay, Spofford & Thorndike, Sparling, Traffic Design Group, Cardno, ZETCON Engineering, and Hydrock.

In August 2025, the company completed the acquisition of Page, an American architecture firm.

From Wikipedia’s article on Stantec, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2022Acquired Barton Willmore1

Employees over time

  • 201922,0001

Timeline

  1. Jul 31, 2008Went public Listed on NYSE1
  2. 1954Founded Founded1

Filings

209 filings to the SEC since October 2021: 5 annual reports, 20 large holders, 184 other. The latest 20:

  1. Aug 19, 20266-K EDGAR
  2. Aug 12, 20266-K EDGAR
  3. Aug 12, 20266-K EDGAR
  4. Jul 30, 20266-K EDGAR
  5. Jul 15, 20266-K EDGAR
  6. Jul 9, 20266-K EDGAR
  7. Jun 18, 20266-K EDGAR
  8. Jun 17, 20266-K EDGAR
  9. May 26, 20266-K EDGAR
  10. May 14, 20266-K EDGAR
  11. May 14, 20266-K EDGAR
  12. May 13, 20266-K EDGAR
  13. May 13, 20266-K EDGAR
  14. May 1, 20266-K EDGAR
  15. Apr 21, 20266-K EDGAR
  16. Apr 13, 20266-K EDGAR
  17. Apr 2, 20266-K EDGAR
  18. Mar 10, 20266-K EDGAR
  19. Mar 4, 20266-K EDGAR
  20. Feb 25, 20266-K EDGAR

The 209 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Bank Of Montreal /can/4,928,863$339.6M0.1%+185,297
1832 Asset Management L.P.4,494,177$309.7M0.4%+566,574
Alliancebernstein L.P.3,315,525$286.5M0.1%−148,445
Vanguard Capital Management LLC3,349,849$231.0M0.0%+34,528
Royal Bank Of Canada3,331,191$229.6M0.0%−428,912
Fiera Capital Corp2,601,689$179.3M0.7%+585,655
Fmr LLC2,084,397$143.8M0.0%+181,415
Pictet Asset Management Holding SA1,940,375$133.8M0.1%−1,545,013
Man Group plc1,759,096$121.3M0.2%+238,205
Morgan Stanley1,588,465$109.5M0.0%+65,544
Bank Of America Corp /de/1,510,298$104.1M0.0%+369,612
Manufacturers Life Insurance Company, The1,429,426$98.4M0.1%+34,702
Goldman Sachs Group Inc1,373,714$94.7M0.0%+96,780
Mackenzie Financial Corp957,722$93.7M0.1%−2,147,414
Norges Bank1,319,706$90.9M0.0%New
Amundi1,050,103$86.8M0.0%+224,462
Geode Capital Management, LLC1,216,558$84.3M0.0%+97,079
First Trust Advisors LP1,154,036$79.5M0.0%+457,694
Canada Pension Plan Investment Board1,147,215$79.0M0.0%+429,960
BCV Asset Management Inc.1,048,820$72.4M2.2%+19,409
Allianz Asset Management GmbH827,771$71.3M0.1%No change
Vanguard Fiduciary Trust Co1,012,188$69.8M0.0%+9,312
National Bank Of Canada /fi/943,197$64.9M0.1%+67,449
Millennium Management LLC920,492$63.4M0.0%+279,991
Principal Financial Group Inc904,905$62.4M0.0%−78,720

13F reports cover disclosed long positions in U.S. stocks only.