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Shimmick Corporation Common Stock (SHIM) 10-Year Financial Performance & Capital Metrics

SHIM • • Industrial / General
IndustrialsEngineering & ConstructionHeavy Civil ConstructionMarine & Water Infrastructure
AboutShimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.Show more
  • Revenue $480M -24.1%
  • EBITDA -$104M -693.5%
  • Net Income -$125M -4799.8%
  • EPS (Diluted) -4.10 -3627.3%
  • Gross Margin -11.59% -427.8%
  • EBITDA Margin -21.7% -882.0%
  • Operating Margin -24.85% -36268.0%
  • Net Margin -25.98% -6357.0%
  • ROE -696.6% -19186.4%
  • ROIC -1927.93% -331131.9%
  • Debt/Equity -
  • Interest Coverage -21.99 -11646.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 93 (top 7%)
  • ✓Trading near 52-week high
  • ✓Efficient asset utilization: 2.1x turnover

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 36.0% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-5.7%
TTM3.28%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM50.98%

EPS CAGR

10Y-
5Y-
3Y-
TTM53.56%

ROCE

10Y Avg-86.22%
5Y Avg-86.22%
3Y Avg-46.61%
Latest-150.1%

Peer Comparison

Marine & Water Infrastructure
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
GLDDGreat Lakes Dredge & Dock Corporation1.05B15.4418.3829.35%9.65%16.04%1.23
MGNMegan Holdings Limited Ordinary Shares28.36M1.753.7117.88%9.72%32.34%0.01
SHIMShimmick Corporation Common Stock131.08M3.66-0.89-24.11%-12.33%-6.97%
SLNDSouthland Holdings, Inc.177.49M3.28-1.50-15.53%-10.08%-107.82%1.83
ORNOrion Group Holdings, Inc.447.69M11.22-237.2111.89%1.13%6.01%0.63

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+572.67M664.16M632.81M480.24M
Revenue Growth %-0.16%-0.05%-0.24%
Cost of Goods Sold+705.47M640.64M610.43M535.88M
COGS % of Revenue1.23%0.96%0.96%1.12%
Gross Profit+-132.8M23.52M22.37M-55.65M
Gross Margin %-0.23%0.04%0.04%-0.12%
Gross Profit Growth %-1.18%-0.05%-3.49%
Operating Expenses+79.08M10.6M21.94M63.68M
OpEx % of Revenue0.14%0.02%0.03%0.13%
Selling, General & Admin77.52M60.44M64.13M63.97M
SG&A % of Revenue0.14%0.09%0.1%0.13%
Research & Development0000
R&D % of Revenue----
Other Operating Expenses1.56M-49.84M-42.19M-289K
Operating Income+-211.89M12.91M435K-119.33M
Operating Margin %-0.37%0.02%0%-0.25%
Operating Income Growth %-1.06%-0.97%-275.31%
EBITDA+-196.96M28.89M17.56M-104.19M
EBITDA Margin %-0.34%0.04%0.03%-0.22%
EBITDA Growth %-1.15%-0.39%-6.93%
D&A (Non-Cash Add-back)14.93M15.98M17.12M15.13M
EBIT-212.96M-39.56M-2K-120.28M
Net Interest Income+00-2.28M-5.43M
Interest Income0000
Interest Expense002.28M5.43M
Other Income/Expense233.6M-8.73M-2.72M-6.38M
Pretax Income+21.71M4.18M-2.29M-125.71M
Pretax Margin %0.04%0.01%-0%-0.26%
Income Tax+-24.12M1.27M0-963K
Effective Tax Rate %2.09%0.9%1.11%0.99%
Net Income+45.4M3.76M-2.55M-124.75M
Net Margin %0.08%0.01%-0%-0.26%
Net Income Growth %--0.92%-1.68%-48%
Net Income (Continuing)45.83M2.91M-2.29M-124.75M
Discontinued Operations0000
Minority Interest433K-747K-747K-159K
EPS (Diluted)+1.720.14-0.11-4.10
EPS Growth %--0.92%-1.79%-36.27%
EPS (Basic)1.720.14-0.10-4.10
Diluted Shares Outstanding26.46M26.46M22.36M30.41M
Basic Shares Outstanding25.49M25.49M25.49M30.41M
Dividend Payout Ratio----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+255.16M257.46M257.46M141M
Cash & Short-Term Investments73.18M63.91M62.94M33.73M
Cash Only73.18M63.91M62.94M33.73M
Short-Term Investments0000
Accounts Receivable155.91M180.12M180.12M89.59M
Days Sales Outstanding99.3798.99103.8968.09
Inventory0000
Days Inventory Outstanding----
Other Current Assets26.08M13.43M971K17.68M
Total Non-Current Assets+236.83M169.19M169.19M92.86M
Property, Plant & Equipment84.43M70.23M70.23M43.36M
Fixed Asset Turnover6.78x9.46x9.01x11.07x
Goodwill0000
Intangible Assets14.68M9.24M9.24M6.67M
Long-Term Investments17.68M69.6M21.28M19.02M
Other Non-Current Assets100.73M2.87M51.19M23.82M
Total Assets+492M426.65M426.65M233.86M
Asset Turnover1.16x1.56x1.48x2.05x
Asset Growth %--0.13%0%-0.45%
Total Current Liabilities+388.66M271.25M271.25M230.26M
Accounts Payable57.1M81.59M81.59M46.48M
Days Payables Outstanding29.5546.4848.7831.65
Short-Term Debt08.56M00
Deferred Revenue (Current)1000K1000K1000K1000K
Other Current Liabilities153M38.4M13.07M13.76M
Current Ratio0.66x0.95x0.95x0.61x
Quick Ratio0.66x0.95x0.95x0.61x
Cash Conversion Cycle----
Total Non-Current Liabilities+56.31M84.91M84.91M38.27M
Long-Term Debt029.63M29.63M9.48M
Capital Lease Obligations11.9M15.04M15.04M15.99M
Deferred Tax Liabilities19.3M17.25M17.25M0
Other Non-Current Liabilities11.04M19.77M19.77M12.7M
Total Liabilities444.98M356.16M356.16M268.54M
Total Debt+11.9M53.24M44.67M25.46M
Net Debt-61.27M-10.67M-18.27M-8.27M
Debt / Equity0.25x0.76x0.63x-
Debt / EBITDA-1.84x2.54x-
Net Debt / EBITDA--0.37x-1.04x-
Interest Coverage--0.19x-21.99x
Total Equity+47.02M70.49M70.49M-34.67M
Equity Growth %-0.5%0%-1.49%
Book Value per Share1.782.663.15-1.14
Total Shareholders' Equity46.59M71.24M71.24M-34.52M
Common Stock80K255K255K343K
Retained Earnings45.32M46.54M46.54M-78.21M
Treasury Stock0000
Accumulated OCI0000
Minority Interest433K-747K-747K-159K

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-53.98M-3.08M-88.1M-21.26M
Operating CF Margin %-0.09%-0%-0.14%-0.04%
Operating CF Growth %-0.94%-27.57%0.76%
Net Income45.83M2.91M-2.29M-124.75M
Depreciation & Amortization14.93M15.98M17.12M15.13M
Stock-Based Compensation1.19M2.29M2.06M0
Deferred Taxes-24.12M000
Other Non-Cash Items-219.71M16.64M-27.55M5.11M
Working Capital Changes127.91M-40.91M-77.44M83.24M
Change in Receivables-7.71M1.92M2.25M115.33M
Change in Inventory0000
Change in Payables16.55M10.44M13.75M-35.11M
Cash from Investing+136.17M4.2M22.05M15.04M
Capital Expenditures-2.94M-10.44M-7.04M-10.48M
CapEx % of Revenue0.01%0.02%0.01%0.02%
Acquisitions----
Investments----
Other Investing1.7M1.72M35.98M0
Cash from Financing+-294K-931K47.88M-21.9M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing0-628K-6.76M-1.48M
Net Change in Cash----
Free Cash Flow+-56.91M-13.53M-95.14M-31.74M
FCF Margin %-0.1%-0.02%-0.15%-0.07%
FCF Growth %-0.76%-6.03%0.67%
FCF per Share-2.15-0.51-4.26-1.04
FCF Conversion (FCF/Net Income)-1.19x-0.82x34.60x0.17x
Interest Paid72K164K00
Taxes Paid0000

Key Ratios

Metric2022202320242025
Return on Equity (ROE)96.56%6.4%-3.61%-696.6%
Return on Invested Capital (ROIC)-42.51%0.58%-1927.93%
Gross Margin-23.19%3.54%3.54%-11.59%
Net Margin7.93%0.57%-0.4%-25.98%
Debt / Equity0.25x0.76x0.63x-
Interest Coverage--0.19x-21.99x
FCF Conversion-1.19x-0.82x34.60x0.17x
Revenue Growth-15.98%-4.72%-24.11%

Frequently Asked Questions

Growth & Financials

Shimmick Corporation Common Stock (SHIM) reported $496.0M in revenue for fiscal year 2025. This represents a 13% decrease from $572.7M in 2022.

Shimmick Corporation Common Stock (SHIM) saw revenue decline by 24.1% over the past year.

Shimmick Corporation Common Stock (SHIM) reported a net loss of $61.2M for fiscal year 2025.

Dividend & Returns

Shimmick Corporation Common Stock (SHIM) has a return on equity (ROE) of -696.6%. Negative ROE indicates the company is unprofitable.

Shimmick Corporation Common Stock (SHIM) had negative free cash flow of $27.2M in fiscal year 2025, likely due to heavy capital investments.

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