Stantec Inc.

NYSE:STN Stock Report

Market Cap: US$10.5b

Stantec Management

Management criteria checks 3/4

Stantec's CEO is Gord Johnston, appointed in Jan 2018, has a tenure of 8.33 years. total yearly compensation is CA$12.34M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 0.079% of the company’s shares, worth $8.26M. The average tenure of the management team and the board of directors is 4 years and 5.3 years respectively.

Key information

Gord Johnston

Chief executive officer

CA$12.3m

Total compensation

CEO salary percentage13.37%
CEO tenure8.3yrs
CEO ownership0.08%
Management average tenure4yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Seeking Alpha • Jun 27

Stantec: Good Growth Prospects But Premium Valuation Keeps Me On Sidelines

Summary Stantec is well-positioned for revenue growth, driven by secular trends in infrastructure, water, energy transition, and supportive government policies across key markets. Strong backlog, robust organic growth, and strategic acquisitions provide visibility and confidence in continued top-line expansion across all segments. Margin improvement is supported by operating leverage, disciplined cost control, and accretive M&A, with Q1 2025 showing solid project execution and higher EBITDA margins. Despite strong fundamentals, I maintain a neutral rating due to the stock’s premium valuation relative to historical averages and peers, reflecting much of the growth outlook. Read the full article on Seeking Alpha
Seeking Alpha • Jun 20

Stantec: Capitalizing On The Infrastructure Boom Whilst Tackling Opportunities And Challenges

Summary Stantec has seen record revenues in Q1 2024, with acquisitions increasing headcount by over 2,700 skilled workers. The company's order book backlog is at a record high of $7 billion, with expectations for 7% organic growth over the next three years. Stantec's competitive position in the market remains strong, but the rate of growth may not justify an investment at this time. Secular tailwinds in Infrastructure projects are expected to benefit Stantec. Read the full article on Seeking Alpha
Seeking Alpha • Mar 12

Stantec: Management Is Optimistic About The Future

Summary Stantec has grown its adjusted EPS at a CAGR of 16% from 2019 to 2023. Stantec had a strong 2023 with net revenue rising 14% year over year to C$5.1 billion, and adjusted diluted EPS rising 17% year over year to C$3.67. Management sees a strong 2024, and has a goal of growing adjusted diluted EPS at a CAGR in the range of 15% to 18% for its 2024-2026 strategic plan. In my view, the market is pricing in several years of fairly rapid adjusted EPS growth into Stantec's valuation, given the forward PE of 27.17 for 2024. While it's a high quality company, the valuation makes Stantec stock a 'Hold'. Read the full article on Seeking Alpha
Seeking Alpha • Nov 23

Stantec: Remaining On The Sidelines

Summary Stantec Inc. has good growth prospects driven by renewable energy demand, aging infrastructure, and federal infrastructure funding. The margin outlook is also good with easing labor market and improved productivity. Valuation is expensive. Read the full article on Seeking Alpha
Seeking Alpha • Aug 14

Stantec: Good Growth Prospects But High Valuation

Summary Stantec is well-positioned for growth with a robust backlog and strong demand in sectors such as water management, building, energy, and resources. The recent acquisition of Environmental System Design (ESD) is expected to contribute to revenue growth. The company's margin is expected to benefit from increased productivity, operational leverage, and a higher margin backlog. However, the stock's valuation is already high, so a neutral position is recommended. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Gord Johnston's remuneration changed compared to Stantec's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025CA$12mCA$2m

CA$479m

Sep 30 2025n/an/a

CA$484m

Jun 30 2025n/an/a

CA$437m

Mar 31 2025n/an/a

CA$385m

Dec 31 2024CA$10mCA$2m

CA$362m

Sep 30 2024n/an/a

CA$334m

Jun 30 2024n/an/a

CA$332m

Mar 31 2024n/an/a

CA$329m

Dec 31 2023CA$9mCA$1m

CA$317m

Sep 30 2023n/an/a

CA$320m

Jun 30 2023n/an/a

CA$286m

Mar 31 2023n/an/a

CA$267m

Dec 31 2022CA$8mCA$1m

CA$247m

Sep 30 2022n/an/a

CA$190m

Jun 30 2022n/an/a

CA$192m

Mar 31 2022n/an/a

CA$195m

Dec 31 2021CA$6mCA$1m

CA$201m

Sep 30 2021n/an/a

CA$199m

Jun 30 2021n/an/a

CA$191m

Mar 31 2021n/an/a

CA$181m

Dec 31 2020CA$5mCA$932k

CA$159m

Sep 30 2020n/an/a

CA$187m

Jun 30 2020n/an/a

CA$182m

Mar 31 2020n/an/a

CA$179m

Dec 31 2019CA$3mCA$847k

CA$194m

Compensation vs Market: Gord's total compensation ($USD9.04M) is below average for companies of similar size in the US market ($USD14.67M).

Compensation vs Earnings: Gord's compensation has increased by more than 20% in the past year.

CEO

Gord Johnston (59 yo)

8.3yrs
Tenure
CA$12,339,377
Compensation

Mr. Gordon Allan Johnston, P.Eng., M.Eng., also known as Gord, has been the President, Chief Executive Officer and Non- Independent Director of Stantec Inc. since January 1, 2018. Mr. Johnston served as an...

Leadership Team

NamePositionTenureCompensationOwnership
Gordon Johnston
President8.3yrsCA$12.34m0.079%
$ 8.3m
Vito Culmone
Executive VP & CFO1.7yrsCA$4.25m0.018%
$ 1.8m
Catherine Schefer
Executive VP & COO of Global6.3yrsCA$2.50m0.020%
$ 2.1m
John Take
Executive VP and Chief Growth & Innovation Officer9.1yrsCA$2.03m0.025%
$ 2.6m
Susan Reisbord
Executive VP & COO of North America1.4yrsCA$2.81m0.0064%
$ 675.2k
Paul J. Alpern
Executive VP16.5yrsno data0.021%
$ 2.2m
Bjorn Morisbak
Executive VP & Chief Corporate Development Officer1.3yrsno data0.010%
$ 1.1m
Asifa Samji
Executive VP & Chief Human Resources Officer6.3yrsno data0.0084%
$ 885.9k
John Adams
Senior Vice President of International - South American Operationsno datano datano data
Ryan F. Roberts
Executive VP & Chief Practice Officer1.1yrsno data0.0054%
$ 567.2k
Kenna Fraser
Executive VP & Chief Corporate Services Officerless than a yearno data0.0081%
$ 851.3k
Dave Roberts
Chief Digital Officerno datano datano data
4.0yrs
Average Tenure
59yo
Average Age

Experienced Management: STN's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gordon Johnston
President8.3yrsCA$12.34m0.079%
$ 8.3m
Richard Eng
Independent Director1.3yrsCA$315.35kno data
Douglas Ammerman
Independent Chairman of the Board14.7yrsCA$585.20k0.037%
$ 3.8m
Shelley Ann Brown
Independent Director7.5yrsCA$357.40k0.0061%
$ 640.6k
Christopher Lopez
Independent Director1.3yrsCA$315.35kno data
Martin a Porta
Independent Director5.3yrsCA$353.79k0.0091%
$ 956.1k
Marie-Lucie Morin
Independent Director9.5yrsCA$370.97k0.00090%
$ 94.4k
Jeanne Wang Doka
Independent Director3.2yrsCA$319.13kno data
Angeline Chen
Independent Director3yrsCA$319.39kno data
5.3yrs
Average Tenure
59yo
Average Age

Experienced Board: STN's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 12:22
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Stantec Inc. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian PowAcumen Capital Finance Partners Limited
Christopher MurrayATB Cormark
Devin DodgeBMO Capital Markets Equity Research