<p>毫不意外，<strong>Centuri Holdings, Inc.</strong>（紐約證券交易所代碼：CTRI）的股價因其健康的財報而表現強勁。然而，我們的分析表明，股東可能忽視了一些因素，這些因素表明財報結果並不像看起來那麼好。</p>
<p>我們發現 21 只預計明年將支付超過 6% 股息收益率的美國股票。查看完整列表，免費獲取。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086"/></p>
<p>紐約證券交易所：CTRI 盈利和收入歷史 2025 年 11 月 15 日</p>
<p>要理解公司盈利增長的價值，必須考慮股東權益的稀釋。Centuri Holdings 在過去一年中增加了 12% 的發行股份。這意味着其盈利在更多的股份之間分配。每股指標如每股收益（EPS）幫助我們理解實際股東從公司利潤中獲益多少，而淨收入水平則讓我們更好地瞭解公司的絕對規模。您可以點擊這裏查看 Centuri Holdings 的每股收益圖表。</p>
<h2>稀釋如何影響 Centuri Holdings 的每股收益（EPS）？</h2>
<p>三年前，Centuri Holdings 虧損。放大到過去一年，我們仍然無法清晰地談論增長率，因為去年它也虧損。但拋開數學不談，看到一個曾經虧損的企業變得盈利總是令人欣慰（儘管我們承認如果沒有稀釋，利潤會更高）。因此，您可以清楚地看到稀釋正在影響股東的收益。</p>
<p>如果 Centuri Holdings 的每股收益能夠隨着時間增長，那麼這將大大提高股價朝同一方向移動的機會。然而，如果其利潤增加而每股收益保持平穩（甚至下降），那麼股東可能不會看到太多好處。因此，可以説在長期內，每股收益比淨收入更為重要，假設目標是評估公司的股價是否可能增長。</p>
<p>這可能讓您想知道分析師對未來盈利能力的預測。幸運的是，您可以點擊這裏查看基於他們估計的未來盈利能力的互動圖表。</p>
<h2>我們對 Centuri Holdings 盈利表現的看法</h2>
<p>在過去一年中，Centuri Holdings 發行了新股，因此每股收益與淨收入增長之間存在顯著差異。因此，我們認為 Centuri Holdings 的真實潛在盈利能力實際上可能低於其法定利潤。好消息是，儘管之前虧損，但它在過去十二個月中實現了盈利。本文的目標是評估我們在多大程度上可以依賴法定盈利來反映公司的潛力，但還有很多其他因素需要考慮。因此，如果您想更深入地瞭解這隻股票，考慮它面臨的任何風險至關重要。請注意，Centuri Holdings 在我們的投資分析中顯示出 <strong>2 個警告信號</strong>，其中 1 個是顯著的...</p>
<p>這篇文章僅關注了一個因素，揭示了 Centuri Holdings 盈利的性質。但如果您能夠專注於細節，總會有更多的發現。例如，許多人認為高股本回報率是良好商業經濟的標誌，而其他人則喜歡 “追蹤資金”，尋找內部人士正在購買的股票。雖然這可能需要您進行一些研究，但您可能會發現這份 <strong>免費</strong> 的高股本回報率公司集合，或這份內部持股顯著的股票列表對您有幫助。</p>

CTRI

<p>Centuri Holdings（紐約證券交易所代碼：CTRI）報告了強勁的收益，推動了其股價上漲。然而，股東稀釋，股份增加了 12%，可能影響了真實的每股收益（EPS）。儘管近期盈利，但公司的潛在盈利能力可能比看起來要弱。投資者應考慮潛在風險，包括分析中識別出的兩個警示信號</p>

<p>Unsurprisingly, <strong>Centuri Holdings, Inc.'s</strong> (NYSE:CTRI) stock price was strong on the back of its healthy earnings report. However, our analysis suggests that shareholders may be missing some factors that indicate the earnings result was not as good as it looked.</p>
<div class="lb-trans"><p>毫不意外，<strong>Centuri Holdings, Inc.</strong>（紐約證券交易所代碼：CTRI）的股價因其健康的財報而表現強勁。然而，我們的分析表明，股東可能忽視了一些因素，這些因素表明財報結果並不像看起來那麼好。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我們發現 21 只預計明年將支付超過 6% 股息收益率的美國股票。查看完整列表，免費獲取。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086" alt="" original-src="https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086"/></p>
<p>NYSE:CTRI Earnings and Revenue History November 15th 2025</p>
<div class="lb-trans"><p>紐約證券交易所：CTRI 盈利和收入歷史 2025 年 11 月 15 日</p>
</div><p>To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. Centuri Holdings expanded the number of shares on issue by 12% over the last year. That means its earnings are split among a greater number of shares. Per share metrics like EPS help us understand how much actual shareholders are benefitting from the company's profits, while the net income level gives us a better view of the company's absolute size. You can see a chart of Centuri Holdings' EPS by clicking here.</p>
<div class="lb-trans"><p>要理解公司盈利增長的價值，必須考慮股東權益的稀釋。Centuri Holdings 在過去一年中增加了 12% 的發行股份。這意味着其盈利在更多的股份之間分配。每股指標如每股收益（EPS）幫助我們理解實際股東從公司利潤中獲益多少，而淨收入水平則讓我們更好地瞭解公司的絕對規模。您可以點擊這裏查看 Centuri Holdings 的每股收益圖表。</p>
</div><h2>How Is Dilution Impacting Centuri Holdings' Earnings Per Share (EPS)?</h2>
<div class="lb-trans"><h2>稀釋如何影響 Centuri Holdings 的每股收益（EPS）？</h2>
</div><p>Three years ago, Centuri Holdings lost money. Zooming in to the last year, we still can't talk about growth rates coherently, since it made a loss last year. But mathematics aside, it is always good to see when a formerly unprofitable business come good (though we accept profit would have been higher if dilution had not been required). And so, you can see quite clearly that dilution is influencing shareholder earnings.</p>
<div class="lb-trans"><p>三年前，Centuri Holdings 虧損。放大到過去一年，我們仍然無法清晰地談論增長率，因為去年它也虧損。但拋開數學不談，看到一個曾經虧損的企業變得盈利總是令人欣慰（儘管我們承認如果沒有稀釋，利潤會更高）。因此，您可以清楚地看到稀釋正在影響股東的收益。</p>
</div><p>If Centuri Holdings' EPS can grow over time then that drastically improves the chances of the share price moving in the same direction. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow.</p>
<div class="lb-trans"><p>如果 Centuri Holdings 的每股收益能夠隨着時間增長，那麼這將大大提高股價朝同一方向移動的機會。然而，如果其利潤增加而每股收益保持平穩（甚至下降），那麼股東可能不會看到太多好處。因此，可以説在長期內，每股收益比淨收入更為重要，假設目標是評估公司的股價是否可能增長。</p>
</div><p>That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.</p>
<div class="lb-trans"><p>這可能讓您想知道分析師對未來盈利能力的預測。幸運的是，您可以點擊這裏查看基於他們估計的未來盈利能力的互動圖表。</p>
</div><h2>Our Take On Centuri Holdings' Profit Performance</h2>
<div class="lb-trans"><h2>我們對 Centuri Holdings 盈利表現的看法</h2>
</div><p>Over the last year Centuri Holdings issued new shares and so, there's a noteworthy divergence between EPS and net income growth. Therefore, it seems possible to us that Centuri Holdings' true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Be aware that Centuri Holdings is showing <strong>2 warning signs in our investment analysis</strong> and 1 of those is significant...</p>
<div class="lb-trans"><p>在過去一年中，Centuri Holdings 發行了新股，因此每股收益與淨收入增長之間存在顯著差異。因此，我們認為 Centuri Holdings 的真實潛在盈利能力實際上可能低於其法定利潤。好消息是，儘管之前虧損，但它在過去十二個月中實現了盈利。本文的目標是評估我們在多大程度上可以依賴法定盈利來反映公司的潛力，但還有很多其他因素需要考慮。因此，如果您想更深入地瞭解這隻股票，考慮它面臨的任何風險至關重要。請注意，Centuri Holdings 在我們的投資分析中顯示出 <strong>2 個警告信號</strong>，其中 1 個是顯著的...</p>
</div><p>This note has only looked at a single factor that sheds light on the nature of Centuri Holdings' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this <strong>free</strong> collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.</p>
<div class="lb-trans"><p>這篇文章僅關注了一個因素，揭示了 Centuri Holdings 盈利的性質。但如果您能夠專注於細節，總會有更多的發現。例如，許多人認為高股本回報率是良好商業經濟的標誌，而其他人則喜歡 “追蹤資金”，尋找內部人士正在購買的股票。雖然這可能需要您進行一些研究，但您可能會發現這份 <strong>免費</strong> 的高股本回報率公司集合，或這份內部持股顯著的股票列表對您有幫助。</p>
</div>

Centuri Holdings（NYSE:CTRI）的可觀收益可能建立在脆弱的基礎上