CTRI
Centuri Holdings, Inc.
CTRI has the edge over SMR overall, supported by stronger fundamentals and lower modeled downside.
SMR
NuScale Power Corporation
SMR's outlook is improving, though it still trails on the overall score.
CTRI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Under pressure | |
| Stable |
CTRI's revenue and profitability are currently healthy, and its balance sheet is stable, but its cash flow is under pressure.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
CTRI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 22x | $22.25 | — |
| Current | 38x | $22.25 | — |
| Cheap | 64x | $37.31 | +68% |
| Fair | 120x | $69.81 | +214% |
| Expensive | 1,194x | $693 | +3013% |
Historical ranges are pointers, not guarantees.
CTRI's PE is in its cheap range at 38x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
CTRI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for CTRI, with profitability holding steady.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
CTRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.01 | +74% |
| Q3 2026 | $0.58 | +1833% |
| Q2 2026 | $0.33 | +$0.36 |
| Q1 2026 | $0.36 | +1700% |
CTRI has the edge over SMR in the latest year-over-year earnings comparison.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
CTRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +40% |
| Q2 2026 | $962M | +33% |
| Q1 2026 | $723.2M | +31% |
| Q4 2025 | $858.6M | +20% |
| Q3 2025 | $850M | +18% |
| Q2 2025 | $724.1M | +7.7% |
| Q1 2025 | $550.1M | +4.2% |
| Q4 2024 | $717.1M | +7.8% |
CTRI's revenue has grown year over year for eight quarters in a row: $1.2B last quarter, up 40% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | +0.9 points |
| Q2 2026 | 2.5% | -1.9 points |
| Q1 2026 | -0.7% | +1.6 points |
| Q4 2025 | 4.3% | -0.4 points |
| Q3 2025 | 4.3% | -1.6 points |
| Q2 2025 | 4.4% | -0.5 points |
| Q1 2025 | -2.3% | +1.8 points |
| Q4 2024 | 4.7% | +34 points |
CTRI has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
CTRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$50.2M | -$31.9M |
| Q2 2026 | -$7.9M | +$40.6M |
| Q1 2026 | -$55.3M | -$47.6M |
| Q4 2025 | $66.3M | +139% |
| Q3 2025 | -$18.4M | -111% |
| Q2 2025 | -$48.5M | +$28.4M |
| Q1 2025 | -$7.7M | +$45M |
| Q4 2024 | $27.8M | -65% |
SMR has the stronger cash trend. Its trailing FCF is down 161% versus its history, compared with CTRI at down 260%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M the year before.
CTRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -165K shares |
| 1 year | +14% | +12.3M shares |
| 3 years | +17% | +14.7M shares |
CTRI has the edge over SMR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
CTRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Moderate |
| Q2 2026 | 2.9x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 4.0x | High |
| Q2 2025 | 3.9x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.7x | Elevated |
CTRI's net debt is about 3.0 years of its operating earnings (EBITDA), down from 4.0 years a year ago.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CTRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.8 | Neutral |
| Stochastic | 35.0 | Neutral |
CTRI's weekly RSI is 46 (neutral) and its Stochastic is 35 (neutral).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
CTRI PE vs Utilities Sector
| Metric | CTRI | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 20x | 88% above |
| PE % | 2 | 59 | 57 pts below |
CTRI is trading at 38x earnings, a 88% premium to the Utilities sector's median of 20x.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
CTRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.7 | 7.5% above |
| 20 week MA | $22.6 | 1.3% below |
| 50 week MA | $27.0 | 18% below |
| 100 week MA | $23.6 | 5.6% below |
CTRI has stronger trend alignment. CTRI is above 1 of 4 weekly averages versus SMR above 0 of 5.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
CTRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $24.0 | $19.8 | -17% |
| 2025 | $19.8 | $25.9 | +31% |
| 2026 YTD | $25.9 | $22.3 | -14% |
CTRI has the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.