Southland Holdings, Inc. (SLND) 10-Year Financial Performance & Capital Metrics

SLND • • Industrial / General

IndustrialsEngineering & ConstructionHeavy Civil ConstructionMarine & Water Infrastructure

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/Equity 1.83 +49.2%
Interest Coverage -4.28 -165.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.9x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 15 (bottom 15%)
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-8.49%

TTM-9.1%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM11.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM21.17%

ROCE

10Y Avg1.29%

5Y Avg1.29%

3Y Avg-4.15%

Latest-21.06%

Peer Comparison

Marine & Water Infrastructure

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
GLDDGreat Lakes Dredge & Dock Corporation	1.05B	15.44	18.38	29.35%	9.65%	16.04%	1.23
MGNMegan Holdings Limited Ordinary Shares	28.36M	1.75	3.71	17.88%	9.72%	32.34%	0.01
SHIMShimmick Corporation Common Stock	131.08M	3.66	-0.89	-24.11%	-12.33%	-6.97%
SLNDSouthland Holdings, Inc.	177.49M	3.28	-1.50	-15.53%	-10.08%	-107.82%	1.83
ORNOrion Group Holdings, Inc.	447.69M	11.22	-237.21	11.89%	1.13%	6.01%	0.63

Profit & Loss

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.06B	1.28B	1.16B	1.16B	980.18M
Revenue Growth %	-	0.21%	-0.09%	-0%	-0.16%
Cost of Goods Sold+	964.54M	1.16B	1.02B	1.12B	1.04B
COGS % of Revenue	0.91%	0.91%	0.88%	0.97%	1.06%
Gross Profit+	93.4M	114.19M	140.93M	35.81M	-63.04M
Gross Margin %	0.09%	0.09%	0.12%	0.03%	-0.06%
Gross Profit Growth %	-	0.22%	0.23%	-0.75%	-2.76%
Operating Expenses+	49.65M	58.14M	58.23M	67.19M	63.27M
OpEx % of Revenue	0.05%	0.05%	0.05%	0.06%	0.06%
Selling, General & Admin	49.65M	58.14M	58.23M	0	0
SG&A % of Revenue	0.05%	0.05%	0.05%	-	-
Research & Development	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-
Other Operating Expenses	0	0	0	67.19M	63.27M
Operating Income+	43.75M	56.05M	82.7M	-31.38M	-126.31M
Operating Margin %	0.04%	0.04%	0.07%	-0.03%	-0.13%
Operating Income Growth %	-	0.28%	0.48%	-1.38%	-3.03%
EBITDA+	83.12M	103.52M	128.4M	-852K	-103.02M
EBITDA Margin %	0.08%	0.08%	0.11%	-0%	-0.11%
EBITDA Growth %	-	0.25%	0.24%	-1.01%	-119.91%
D&A (Non-Cash Add-back)	39.37M	47.47M	45.7M	30.53M	23.3M
EBIT	47.65M	59.73M	84.83M	-31.38M	-126.31M
Net Interest Income+	-8.1M	-7.25M	-8.89M	-19.47M	-29.51M
Interest Income	0	0	0	0	0
Interest Expense	8.1M	7.25M	8.89M	19.47M	29.51M
Other Income/Expense	-4.19M	-3.58M	-6.76M	4.14M	-26.11M
Pretax Income+	39.56M	52.48M	75.94M	-27.24M	-152.42M
Pretax Margin %	0.04%	0.04%	0.07%	-0.02%	-0.16%
Income Tax+	9.41M	10.95M	13.29M	-8.53M	-46.89M
Effective Tax Rate %	0.85%	0.74%	0.8%	0.71%	0.69%
Net Income+	33.67M	38.72M	60.54M	-19.25M	-105.36M
Net Margin %	0.03%	0.03%	0.05%	-0.02%	-0.11%
Net Income Growth %	-	0.15%	0.56%	-1.32%	-4.47%
Net Income (Continuing)	30.15M	41.53M	62.65M	-18.71M	-105.53M
Discontinued Operations	0	0	0	0	0
Minority Interest	3.62M	11.06M	10.45M	10.94M	11.75M
EPS (Diluted)+	0.76	-0.00	1.69	-0.41	-2.19
EPS Growth %	-	-1.01%	-	-1.24%	-4.36%
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
Basic Shares Outstanding	44.41B	35.91M	35.91M	47.09M	48.07M
Dividend Payout Ratio	0.18%	0.07%	0.04%	-	-

Balance Sheet

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	805.12M	746.52M	867.3M	942.54M	881.65M
Cash & Short-Term Investments	30.89M	63.34M	57.91M	49.18M	72.19M
Cash Only	30.89M	63.34M	57.91M	49.18M	72.19M
Short-Term Investments	0	0	0	0	0
Accounts Receivable	602.82M	609.43M	771.27M	858.63M	774.76M
Days Sales Outstanding	207.98	173.89	242.38	270.08	288.51
Inventory	0	47.9M	14.08M	5.5M	4.5M
Days Inventory Outstanding	-	15.01	5.03	1.79	1.57
Other Current Assets	171.41M	25.43M	23.85M	29.23M	30.2M
Total Non-Current Assets+	315.51M	289.24M	258M	258.53M	322M
Property, Plant & Equipment	204.56M	171.85M	130.98M	114.64M	131.22M
Fixed Asset Turnover	5.17x	7.44x	8.87x	10.12x	7.47x
Goodwill	1.53M	1.53M	1.53M	1.53M	1.53M
Intangible Assets	5.01M	3.21M	2.22M	1.68M	1.18M
Long-Term Investments	100.29M	109.46M	119.58M	127.47M	131.99M
Other Non-Current Assets	4.12M	3.19M	3.7M	1.71M	1.54M
Total Assets+	1.12B	1.04B	1.13B	1.2B	1.2B
Asset Turnover	0.94x	1.24x	1.03x	0.97x	0.81x
Asset Growth %	-	-0.08%	0.09%	0.07%	0%
Total Current Liabilities+	607.69M	466.88M	476.1M	583.97M	621.14M
Accounts Payable	148.82M	179.16M	160.06M	203.41M	225.29M
Days Payables Outstanding	56.32	56.13	57.25	66.02	78.82
Short-Term Debt	35.65M	41.33M	46.32M	48.45M	44.52M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0
Current Ratio	1.32x	1.60x	1.82x	1.61x	1.42x
Quick Ratio	1.32x	1.50x	1.79x	1.60x	1.41x
Cash Conversion Cycle	-	132.77	190.17	205.84	211.26
Total Non-Current Liabilities+	250.31M	266.52M	289.32M	356.54M	407.1M
Long-Term Debt	162.69M	195.6M	227.28M	251.91M	255.63M
Capital Lease Obligations	22.25M	13.5M	10.03M	5.25M	10.79M
Deferred Tax Liabilities	6.23M	5.96M	3.39M	2.55M	292K
Other Non-Current Liabilities	59.15M	51.46M	48.62M	96.84M	140.39M
Total Liabilities	858.01M	733.4M	765.42M	940.5M	1.03B
Total Debt+	238.91M	270.47M	300.2M	319.69M	321.05M
Net Debt	208.02M	207.13M	242.29M	270.51M	248.86M
Debt / Equity	0.91x	0.89x	0.83x	1.23x	1.83x
Debt / EBITDA	2.87x	2.61x	2.34x	-	-
Net Debt / EBITDA	2.50x	2.00x	1.89x	-	-
Interest Coverage	5.40x	7.73x	9.30x	-1.61x	-4.28x
Total Equity+	262.63M	302.35M	359.88M	260.56M	175.41M
Equity Growth %	-	0.15%	0.19%	-0.28%	-0.33%
Book Value per Share	0.01	8.42	10.02	5.53	3.65
Total Shareholders' Equity	259.02M	291.29M	349.44M	249.62M	163.66M
Common Stock	234.75M	267.83M	327.61M	5K	5K
Retained Earnings	0	-8.2M	0	-19.25M	-124.62M
Treasury Stock	0	0	0	0	0
Accumulated OCI	-1.74M	-937K	-2.58M	-1.46M	-3.9M
Minority Interest	3.62M	11.06M	10.45M	10.94M	11.75M

Cash Flow

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-50.17M	-90.57M	-66.2M	-10.26M	1.93M
Operating CF Margin %	-0.05%	-0.07%	-0.06%	-0.01%	0%
Operating CF Growth %	-	-0.81%	0.27%	0.84%	1.19%
Net Income	30.15M	41.53M	62.65M	-19.25M	-105.53M
Depreciation & Amortization	39.37M	47.47M	45.7M	30.53M	23.3M
Stock-Based Compensation	0	0	0	891K	2.05M
Deferred Taxes	476K	-271K	-2.1M	-12.34M	-44.75M
Other Non-Cash Items	-6.17M	-15.68M	-14.74M	-31.17M	-5.93M
Working Capital Changes	-114M	-163.62M	-157.7M	21.08M	132.79M
Change in Receivables	-42.78M	-9.53M	-157.11M	-48.97M	80.64M
Change in Inventory	0	0	0	-46.61M	0
Change in Payables	-752K	26.48M	-13.55M	46.61M	0
Cash from Investing+	195.82M	-8.5M	5.56M	4.49M	3.23M
Capital Expenditures	-31M	-18.8M	-4.76M	-10.85M	-7.42M
CapEx % of Revenue	0.03%	0.01%	0%	0.01%	0.01%
Acquisitions	-	-	-	-	-
Investments	-	-	-	-	-
Other Investing	239.13M	11.25M	10.06M	-540K	10.58M
Cash from Financing+	-47.95M	30.6M	20.14M	-2.59M	18.78M
Debt Issued (Net)	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-
Dividends Paid	-6.36M	-2.62M	-2.46M	-110K	0
Share Repurchases	-	-	-	-	-
Other Financing	-657K	355K	-1.6M	-1.28M	35.92M
Net Change in Cash	-	-	-	-	-
Free Cash Flow+	-81.17M	-109.37M	-70.97M	-21.11M	-5.49M
FCF Margin %	-0.08%	-0.09%	-0.06%	-0.02%	-0.01%
FCF Growth %	-	-0.35%	0.35%	0.7%	0.74%
FCF per Share	-0.00	-3.05	-1.98	-0.45	-0.11
FCF Conversion (FCF/Net Income)	-1.49x	-2.34x	-1.09x	0.53x	-0.02x
Interest Paid	8.58M	7.52M	9.04M	18.28M	28.05M
Taxes Paid	1.85M	14.09M	10.39M	7.59M	1.56M

Key Ratios

Metric	2020	2021	2022	2023	2024
Return on Equity (ROE)	12.82%	13.71%	18.28%	-6.21%	-48.34%
Return on Invested Capital (ROIC)	6.97%	8.58%	11.16%	-4.15%	-19.83%
Gross Margin	8.83%	8.93%	12.13%	3.09%	-6.43%
Net Margin	3.18%	3.03%	5.21%	-1.66%	-10.75%
Debt / Equity	0.91x	0.89x	0.83x	1.23x	1.83x
Interest Coverage	5.40x	7.73x	9.30x	-1.61x	-4.28x
FCF Conversion	-1.49x	-2.34x	-1.09x	0.53x	-0.02x
Revenue Growth	-	20.91%	-9.21%	-0.09%	-15.53%

Revenue by Segment

	2024
Transportation	656.89M
Transportation Growth	-
Civil	323.29M
Civil Growth	-

Frequently Asked Questions

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.

← Back to Screener