Southland Holdings, Inc.(SLND)Earnings, Financials & Key Ratios
SLND•AMEX
$1.02
$55M mkt cap·Price updated May 6, 2026
AboutSouthland Holdings, Inc. engages in specialty infrastructure construction business in North America and internationally. The company operates through two segments, Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment designs and constructs bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities. Southland Holdings, Inc. was founded in 1900 and is headquartered in Grapevine, Texas.Show more
- Revenue$980M-15.5%
- EBITDA-$103M-11991.1%
- Net Income-$105M-447.3%
- EPS (Diluted)-2.19-436.0%
- Gross Margin-6.43%-308.4%
- EBITDA Margin-10.51%-14218.7%
- Operating Margin-12.89%-376.5%
- Net Margin-10.75%-547.9%
- ROE-48.34%-678.8%
- ROIC-19.83%-377.5%
- Debt/Equity1.83+49.2%
- Interest Coverage-4.28-165.6%
SLND Key Insights
Southland Holdings, Inc. (SLND) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 7 (bottom 7%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SLND Price & Volume
Southland Holdings, Inc. (SLND) stock price & volume — 10-year historical chart
Loading chart...
SLND Growth Metrics
Southland Holdings, Inc. (SLND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-8.49%
TTM-9.1%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM11.7%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM21.17%
Return on Capital
10 Years1.29%
5 Years1.29%
3 Years-4.15%
Last Year-21.06%
SLND Peer Comparison
Southland Holdings, Inc. (SLND) competitors in Civil infrastructure construction — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ROAD | 7.47B | 134.95 | 73.34 | 54.2% | 3.99% | 12.59% | 1.85 | |
 MYRG | 7.08B | 454.78 | 60.40 | 8.79% | 3.71% | 22.14% | 0.16 | |
 PRIM | 5.5B | 101.37 | 20.19 | 18.97% | 3.31% | 15.21% | 0.76 | |
 GLDD | 1.14B | 17.00 | 15.74 | 16.47% | 8.27% | 14.83% | 0.89 | |
 IESC | 13.43B | 673.84 | 44.86 | 16.89% | 9.77% | 39.87% | 0.18 | |
 MTZ | 34.15B | 433.28 | 85.46 | 16.22% | 3% | 14.16% | 0.84 | |
 PWR | 117.83B | 785.24 | 115.48 | 19.76% | 3.72% | 12.96% | 0.13 | |
 STRL | 27.19B | 886.22 | 94.48 | 17.69% | 12.02% | 32.26% | 0.32 |
Compare SLND vs Peers
Southland Holdings, Inc. (SLND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SLND Income Statement
Southland Holdings, Inc. (SLND) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 1.06B | 1.28B | 1.16B | 1.16B | 980.18M | 935.46M |
| Revenue Growth % | - | 20.91% | -9.21% | -0.09% | -15.53% | -9.1% |
| Cost of Goods Sold | 964.54M | 1.16B | 1.02B | 1.12B | 1.04B | 889.68M |
| COGS % of Revenue | 91.17% | 91.07% | 87.87% | 96.91% | 106.43% | - |
| Gross Profit | 93.4M▲ 0% | 114.19M▲ 22.3% | 140.93M▲ 23.4% | 35.81M▼ 74.6% | -63.04M▼ 276.0% | 45.78M▲ 0% |
| Gross Margin % | 8.83% | 8.93% | 12.13% | 3.09% | -6.43% | 4.89% |
| Gross Profit Growth % | - | 22.26% | 23.42% | -74.59% | -276.02% | - |
| Operating Expenses | 49.65M | 58.14M | 58.23M | 67.19M | 63.27M | 60.33M |
| OpEx % of Revenue | 4.69% | 4.54% | 5.01% | 5.79% | 6.46% | - |
| Selling, General & Admin | 49.65M | 58.14M | 58.23M | 0 | 0 | 30.3M |
| SG&A % of Revenue | 4.69% | 4.54% | 5.01% | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 67.19M | 63.27M | 2M |
| Operating Income | 43.75M▲ 0% | 56.05M▲ 28.1% | 82.7M▲ 47.5% | -31.38M▼ 137.9% | -126.31M▼ 302.5% | -14.55M▲ 0% |
| Operating Margin % | 4.14% | 4.38% | 7.12% | -2.7% | -12.89% | -1.56% |
| Operating Income Growth % | - | 28.13% | 47.55% | -137.94% | -302.52% | - |
| EBITDA | 83.12M | 103.52M | 128.4M | -852K | -103.02M | 9.36M |
| EBITDA Margin % | 7.86% | 8.09% | 11.06% | -0.07% | -10.51% | 1% |
| EBITDA Growth % | - | 24.55% | 24.03% | -100.66% | -11991.08% | 109.92% |
| D&A (Non-Cash Add-back) | 39.37M | 47.47M | 45.7M | 30.53M | 23.3M | 23.9M |
| EBIT | 47.65M | 59.73M | 84.83M | -31.38M | -126.31M | -12.87M |
| Net Interest Income | -8.1M | -7.25M | -8.89M | -19.47M | -29.51M | -37.64M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 8.1M | 7.25M | 8.89M | 19.47M | 29.51M | 37.64M |
| Other Income/Expense | -4.19M | -3.58M | -6.76M | 4.14M | -26.11M | -34.96M |
| Pretax Income | 39.56M▲ 0% | 52.48M▲ 32.7% | 75.94M▲ 44.7% | -27.24M▼ 135.9% | -152.42M▼ 459.5% | -49.5M▲ 0% |
| Pretax Margin % | 3.74% | 4.1% | 6.54% | -2.35% | -15.55% | -5.29% |
| Income Tax | 9.41M | 10.95M | 13.29M | -8.53M | -46.89M | 42.72M |
| Effective Tax Rate % | 23.78% | 20.86% | 17.5% | 31.3% | 30.76% | -86.3% |
| Net Income | 33.67M▲ 0% | 38.72M▲ 15.0% | 60.54M▲ 56.4% | -19.25M▼ 131.8% | -105.36M▼ 447.3% | -94.28M▲ 0% |
| Net Margin % | 3.18% | 3.03% | 5.21% | -1.66% | -10.75% | -10.08% |
| Net Income Growth % | - | 15.01% | 56.36% | -131.8% | -447.27% | 11.7% |
| Net Income (Continuing) | 30.15M | 41.53M | 62.65M | -18.71M | -105.53M | -92.23M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 1000K |
| Minority Interest | 3.62M | 11.06M | 10.45M | 10.94M | 11.75M | 12.46M |
| EPS (Diluted) | 0.76▲ 0% | -0.00▼ 100.5% | 1.69▲ 43328.2% | -0.41▼ 124.3% | -2.19▼ 436.0% | -1.75▲ 0% |
| EPS Growth % | - | -100.51% | - | -124.25% | -436% | 21.17% |
| EPS (Basic) | 0.76 | -0.00 | 1.69 | -0.41 | -2.19 | - |
| Diluted Shares Outstanding | 44.41B | 35.91M | 35.91M | 47.09M | 48.07M | 54.01M |
| Basic Shares Outstanding | 44.41B | 35.91M | 35.91M | 47.09M | 48.07M | 54.01M |
| Dividend Payout Ratio | 18.32% | 6.77% | 4.06% | - | - | - |
SLND Balance Sheet
Southland Holdings, Inc. (SLND) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 805.12M | 746.52M | 867.3M | 942.54M | 881.65M | 869.68M |
| Cash & Short-Term Investments | 30.89M | 63.34M | 57.91M | 49.18M | 72.19M | 57.34M |
| Cash Only | 30.89M | 63.34M | 57.91M | 49.18M | 72.19M | 57.34M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 602.82M | 609.43M | 771.27M | 858.63M | 774.76M | 784.16M |
| Days Sales Outstanding | 207.98 | 173.89 | 242.38 | 270.08 | 288.51 | 303.37 |
| Inventory | 0 | 47.9M | 14.08M | 5.5M | 4.5M | 0 |
| Days Inventory Outstanding | - | 15.01 | 5.03 | 1.79 | 1.57 | 0.46 |
| Other Current Assets | 171.41M | 25.43M | 23.85M | 29.23M | 30.2M | 28.18M |
| Total Non-Current Assets | 315.51M | 289.24M | 258M | 258.53M | 322M | 266.39M |
| Property, Plant & Equipment | 204.56M | 171.85M | 130.98M | 114.64M | 131.22M | 122.09M |
| Fixed Asset Turnover | 5.17x | 7.44x | 8.87x | 10.12x | 7.47x | 7.56x |
| Goodwill | 1.53M | 1.53M | 1.53M | 1.53M | 1.53M | 1.53M |
| Intangible Assets | 5.01M | 3.21M | 2.22M | 1.68M | 1.18M | 1.18M |
| Long-Term Investments | 100.29M | 109.46M | 119.58M | 127.47M | 131.99M | 543.91M |
| Other Non-Current Assets | 4.12M | 3.19M | 3.7M | 1.71M | 1.54M | 6.47M |
| Total Assets | 1.12B▲ 0% | 1.04B▼ 7.6% | 1.13B▲ 8.6% | 1.2B▲ 6.7% | 1.2B▲ 0.2% | 1.14B▲ 0% |
| Asset Turnover | 0.94x | 1.24x | 1.03x | 0.97x | 0.81x | 0.79x |
| Asset Growth % | - | -7.57% | 8.65% | 6.73% | 0.21% | -12.24% |
| Total Current Liabilities | 607.69M | 466.88M | 476.1M | 583.97M | 621.14M | 671.96M |
| Accounts Payable | 148.82M | 179.16M | 160.06M | 203.41M | 225.29M | 269.31M |
| Days Payables Outstanding | 56.32 | 56.13 | 57.25 | 66.02 | 78.82 | 101.57 |
| Short-Term Debt | 35.65M | 41.33M | 46.32M | 48.45M | 44.52M | 57.63M |
| Deferred Revenue (Current) | 284.75M | 111.29M | 131.56M | 193.35M | 249.71M | 1.03B |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 76.81M |
| Current Ratio | 1.32x | 1.60x | 1.82x | 1.61x | 1.42x | 1.42x |
| Quick Ratio | 1.32x | 1.50x | 1.79x | 1.60x | 1.41x | 1.41x |
| Cash Conversion Cycle | - | 132.77 | 190.17 | 205.84 | 211.26 | 202.26 |
| Total Non-Current Liabilities | 250.31M | 266.52M | 289.32M | 356.54M | 407.1M | 376.67M |
| Long-Term Debt | 162.69M | 195.6M | 227.28M | 251.91M | 255.63M | 216.44M |
| Capital Lease Obligations | 22.25M | 13.5M | 10.03M | 5.25M | 10.79M | 89.12M |
| Deferred Tax Liabilities | 6.23M | 5.96M | 3.39M | 2.55M | 292K | 6.79M |
| Other Non-Current Liabilities | 59.15M | 51.46M | 48.62M | 96.84M | 140.39M | 519.87M |
| Total Liabilities | 858.01M | 733.4M | 765.42M | 940.5M | 1.03B | 1.05B |
| Total Debt | 238.91M | 270.47M | 300.2M | 319.69M | 321.05M | 332.37M |
| Net Debt | 208.02M | 207.13M | 242.29M | 270.51M | 248.86M | 275.03M |
| Debt / Equity | 0.91x | 0.89x | 0.83x | 1.23x | 1.83x | 1.83x |
| Debt / EBITDA | 2.87x | 2.61x | 2.34x | - | - | 35.53x |
| Net Debt / EBITDA | 2.50x | 2.00x | 1.89x | - | - | 29.40x |
| Interest Coverage | 5.40x | 7.73x | 9.30x | -1.61x | -4.28x | -0.34x |
| Total Equity | 262.63M▲ 0% | 302.35M▲ 15.1% | 359.88M▲ 19.0% | 260.56M▼ 27.6% | 175.41M▼ 32.7% | 87.44M▲ 0% |
| Equity Growth % | - | 15.12% | 19.03% | -27.6% | -32.68% | -134.43% |
| Book Value per Share | 0.01 | 8.42 | 10.02 | 5.53 | 3.65 | 1.62 |
| Total Shareholders' Equity | 259.02M | 291.29M | 349.44M | 249.62M | 163.66M | 74.98M |
| Common Stock | 234.75M | 267.83M | 327.61M | 5K | 5K | 5K |
| Retained Earnings | 0 | -8.2M | 0 | -19.25M | -124.62M | -214.75M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.74M | -937K | -2.58M | -1.46M | -3.9M | -3.15M |
| Minority Interest | 3.62M | 11.06M | 10.45M | 10.94M | 11.75M | 12.46M |
SLND Cash Flow Statement
Southland Holdings, Inc. (SLND) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -50.17M | -90.57M | -66.2M | -10.26M | 1.93M | 1.93M |
| Operating CF Margin % | -4.74% | -7.08% | -5.7% | -0.88% | 0.2% | - |
| Operating CF Growth % | - | -80.53% | 26.91% | 84.5% | 118.77% | 117.4% |
| Net Income | 30.15M | 41.53M | 62.65M | -19.25M | -105.53M | -94.28M |
| Depreciation & Amortization | 39.37M | 47.47M | 45.7M | 30.53M | 23.3M | 23.9M |
| Stock-Based Compensation | 0 | 0 | 0 | 891K | 2.05M | 839K |
| Deferred Taxes | 476K | -271K | -2.1M | -12.34M | -44.75M | 42.38M |
| Other Non-Cash Items | -6.17M | -15.68M | -14.74M | -31.17M | -5.93M | 4.92M |
| Working Capital Changes | -114M | -163.62M | -157.7M | 21.08M | 132.79M | 17.24M |
| Change in Receivables | -42.78M | -9.53M | -157.11M | -48.97M | 80.64M | -27.55M |
| Change in Inventory | 0 | 0 | 0 | -46.61M | 0 | 0 |
| Change in Payables | -752K | 26.48M | -13.55M | 46.61M | 0 | 17.82M |
| Cash from Investing | 195.82M | -8.5M | 5.56M | 4.49M | 3.23M | 4.02M |
| Capital Expenditures | -31M | -18.8M | -4.76M | -10.85M | -7.42M | -4.65M |
| CapEx % of Revenue | 2.93% | 1.47% | 0.41% | 0.93% | 0.76% | - |
| Acquisitions | -16.21M | -587K | -664K | 15.81M | 0 | 3.38M |
| Investments | - | - | - | - | - | - |
| Other Investing | 239.13M | 11.25M | 10.06M | -540K | 10.58M | 5.11M |
| Cash from Financing | -47.95M | 30.6M | 20.14M | -2.59M | 18.78M | -49.92M |
| Debt Issued (Net) | -40.94M | 32.87M | 24.19M | -18.29M | -17.14M | -49.1M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 0 | -111K |
| Dividends Paid | -6.36M | -2.62M | -2.46M | -110K | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -111K |
| Other Financing | -657K | 355K | -1.6M | -1.28M | 35.92M | -711K |
| Net Change in Cash | 98.66M▲ 0% | -69.15M▼ 170.1% | -39.25M▲ 43.2% | -8.17M▲ 79.2% | 23.74M▲ 390.6% | -49.4M▲ 0% |
| Free Cash Flow | -81.17M▲ 0% | -109.37M▼ 34.7% | -70.97M▲ 35.1% | -21.11M▲ 70.3% | -5.49M▲ 74.0% | -8.07M▲ 0% |
| FCF Margin % | -7.67% | -8.55% | -6.11% | -1.82% | -0.56% | -0.86% |
| FCF Growth % | - | -34.75% | 35.11% | 70.25% | 74% | -127.86% |
| FCF per Share | -0.00 | -3.05 | -1.98 | -0.45 | -0.11 | -0.11 |
| FCF Conversion (FCF/Net Income) | -1.49x | -2.34x | -1.09x | 0.53x | -0.02x | 0.09x |
| Interest Paid | 8.58M | 7.52M | 9.04M | 18.28M | 28.05M | 18.09M |
| Taxes Paid | 1.85M | 14.09M | 10.39M | 7.59M | 1.56M | 482K |
SLND Key Ratios
Southland Holdings, Inc. (SLND) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 13.71% | 18.28% | -6.21% | -48.34% | -62.75% |
| Return on Invested Capital (ROIC) | 8.58% | 11.16% | -4.15% | -19.83% | -19.83% |
| Gross Margin | 8.93% | 12.13% | 3.09% | -6.43% | 4.89% |
| Net Margin | 3.03% | 5.21% | -1.66% | -10.75% | -10.08% |
| Debt / Equity | 0.89x | 0.83x | 1.23x | 1.83x | 1.83x |
| Interest Coverage | 7.73x | 9.30x | -1.61x | -4.28x | -0.34x |
| FCF Conversion | -2.34x | -1.09x | 0.53x | -0.02x | 0.09x |
| Revenue Growth | 20.91% | -9.21% | -0.09% | -15.53% | -9.1% |
SLND Frequently Asked Questions
Southland Holdings, Inc. (SLND) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Southland Holdings, Inc. (SLND) reported $935.5M in revenue for fiscal year 2024. This represents a 12% decrease from $1.06B in 2020.
Southland Holdings, Inc. (SLND) saw revenue decline by 15.5% over the past year.
Southland Holdings, Inc. (SLND) reported a net loss of $94.3M for fiscal year 2024.
Dividend & Returns
Southland Holdings, Inc. (SLND) has a return on equity (ROE) of -48.3%. Negative ROE indicates the company is unprofitable.
Southland Holdings, Inc. (SLND) had negative free cash flow of $8.1M in fiscal year 2024, likely due to heavy capital investments.
Explore More SLND
Southland Holdings, Inc. (SLND) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates