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Stabilis Solutions, Inc. (SLNG) 10-Year Financial Performance & Capital Metrics

SLNG • • Industrial / General
EnergyIntegrated Oil & GasNatural Gas FocusedSmall-Scale LNG & Gas Services
AboutStabilis Solutions, Inc., together with its subsidiaries, provides small-scale liquefied natural gas (LNG) production, distribution, and fueling services to various end markets in North America. It operates in two segments, LNG and Power Delivery. The company supplies LNG to the industrial, midstream, and oilfield sectors; and offers fuel solutions to industrial users of propane, diesel, and other crude-based fuel products, as well as provides cryogenic equipment rental and field services. It also provides electrical and instrumentation construction, and installation services; and builds electrical systems. The company serves aerospace, industrial, utilities and pipelines, mining, energy, commercial, and transportation markets. Stabilis Solutions, Inc. was founded in 2013 and is headquartered in Houston, Texas.Show more
  • Revenue $73M +0.2%
  • EBITDA $11M +49.1%
  • Net Income $5M +3579.2%
  • EPS (Diluted) 0.25 +3576.5%
  • Gross Margin 19.21% +36.1%
  • EBITDA Margin 14.37% +48.7%
  • Operating Margin 4.62% +516.0%
  • Net Margin 6.27% +3569.5%
  • ROE 7.14% +3374.5%
  • ROIC 3.81% +496.1%
  • Debt/Equity 0.14 -10.4%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 1.3x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 0.7%
  • ✗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.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.5%
5Y9.26%
3Y1.95%
TTM-2.4%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-74.1%

EPS CAGR

10Y-
5Y-
3Y-
TTM-104.34%

ROCE

10Y Avg-9.74%
5Y Avg-3.42%
3Y Avg0.44%
Latest4.72%

Peer Comparison

Small-Scale LNG & Gas Services
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SLNGStabilis Solutions, Inc.84.99M4.5718.280.24%1.4%1.52%5.35%0.14

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+49.08M37.81M47.13M7.59M47.07M41.55M69.17M98.82M73.11M73.29M
Revenue Growth %-0.14%-0.23%0.25%-0.84%5.2%-0.12%0.66%0.43%-0.26%0%
Cost of Goods Sold+42.49M36.8M44.7M5.68M41.14M39.05M64.11M86.36M62.8M59.22M
COGS % of Revenue0.87%0.97%0.95%0.75%0.87%0.94%0.93%0.87%0.86%0.81%
Gross Profit+6.59M1.02M2.43M1.91M5.93M2.5M5.06M12.46M10.32M14.08M
Gross Margin %0.13%0.03%0.05%0.25%0.13%0.06%0.07%0.13%0.14%0.19%
Gross Profit Growth %0.32%-0.85%1.39%-0.21%2.1%-0.58%1.03%1.46%-0.17%0.36%
Operating Expenses+8.93M8.38M6.94M16.17M10.23M8.03M12.36M14.04M11.13M10.69M
OpEx % of Revenue0.18%0.22%0.15%2.13%0.22%0.19%0.18%0.14%0.15%0.15%
Selling, General & Admin8.16M7.42M6.66M3.75M11.36M10.76M13.79M13.19M12.89M11.76M
SG&A % of Revenue0.17%0.2%0.14%0.49%0.24%0.26%0.2%0.13%0.18%0.16%
Research & Development769K962K280K0000000
R&D % of Revenue0.02%0.03%0.01%-------
Other Operating Expenses0008.82M-1.13M-2.74M-1.43M844K-1.76M-1.07M
Operating Income+-2.34M-7.37M-4.51M-7.28M-4.3M-5.53M-7.3M-1.57M-812K3.39M
Operating Margin %-0.05%-0.19%-0.1%-0.96%-0.09%-0.13%-0.11%-0.02%-0.01%0.05%
Operating Income Growth %-0.05%-2.15%0.39%-0.61%0.41%-0.29%-0.32%0.78%0.48%5.17%
EBITDA+-1.45M-6.49M-4.31M1.54M4.97M3.51M1.59M7.09M7.07M10.53M
EBITDA Margin %-0.03%-0.17%-0.09%0.2%0.11%0.08%0.02%0.07%0.1%0.14%
EBITDA Growth %0.06%-3.49%0.34%1.36%2.23%-0.29%-0.55%3.45%-0%0.49%
D&A (Non-Cash Add-back)894K877K197K8.82M9.27M9.04M8.89M8.66M7.88M7.15M
EBIT-2.34M-7.37M-3.1M-1.35M-4.18M-5.58M-6.24M-157K703K5.08M
Net Interest Income+-172K69K-50K-24K-1.21M-916K-901K-770K-334K112K
Interest Income069K0000000112K
Interest Expense172K050K24K1.21M916K901K770K334K0
Other Income/Expense176K353K-672K-140K-1.09M-973K157K643K1.18M1.7M
Pretax Income+-2.17M-7.02M-5.18M-1.37M-5.39M-6.5M-7.14M-927K369K5.08M
Pretax Margin %-0.04%-0.19%-0.11%-0.18%-0.11%-0.16%-0.1%-0.01%0.01%0.07%
Income Tax+428K44K-2.96M291K116K256K487K265K244K485K
Effective Tax Rate %1.2%1.01%0.43%1.87%1.06%1.04%1.09%3.44%0.34%0.9%
Net Income+-2.59M-7.06M-2.23M-2.56M-5.71M-6.76M-7.8M-3.19M125K4.6M
Net Margin %-0.05%-0.19%-0.05%-0.34%-0.12%-0.16%-0.11%-0.03%0%0.06%
Net Income Growth %0.45%-1.72%0.68%-0.15%-1.24%-0.18%-0.15%0.59%1.04%35.79%
Net Income (Continuing)-2.59M-7.06M-197K-1.66M-5.51M-6.76M-7.63M-1.19M125K4.6M
Discontinued Operations000000-168K-1.99M00
Minority Interest001.36M1.32M000000
EPS (Diluted)+-2.88-7.12-2.42-2.30-0.39-0.40-0.45-0.170.010.25
EPS Growth %0.42%-1.47%0.66%0.05%0.83%-0.03%-0.13%0.62%1.04%-
EPS (Basic)-2.88-7.12-2.42-2.64-0.39-0.40-0.45-0.170.010.25
Diluted Shares Outstanding1.03M1.04M1.07M1.11M14.56M16.88M17.5M18.29M18.51M18.6M
Basic Shares Outstanding1.03M1.04M1.07M1.11M14.56M16.88M17.5M18.29M18.5M18.58M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+19.3M16.2M16.7M3.88M13.72M10.81M15.53M32.22M14.97M17.47M
Cash & Short-Term Investments8.5M2.13M2.29M1.82M3.98M1.81M910K11.45M5.37M8.99M
Cash Only7.99M1.62M2.29M1.25M3.98M1.81M910K11.45M5.37M8.99M
Short-Term Investments507K507K0578K000000
Accounts Receivable9.15M12.55M1.39M4.36M7.6M7.18M9.46M16.58M7.91M6.44M
Days Sales Outstanding68.08121.1110.73209.5958.9363.149.9161.2439.4932.09
Inventory1.32M1.18M2K69K209K226K258K205K169K345K
Days Inventory Outstanding11.3811.710.024.441.852.111.470.870.982.13
Other Current Assets0012.71M-2.81M465K467K3.48M2.47M374K358K
Total Non-Current Assets+19.29M19.18M19.23M10.68M76.61M69.5M71.8M64.36M66.33M68.11M
Property, Plant & Equipment7.92M7.3M6.92M552K61.33M52.82M54.33M48.44M50M52.14M
Fixed Asset Turnover6.20x5.18x6.81x13.75x0.77x0.79x1.27x2.04x1.46x1.41x
Goodwill00004.45M4.45M4.31M4.31M4.31M4.31M
Intangible Assets218K527K458K0000000
Long-Term Investments11.1M10.66M10.95M9.98M10.52M11.9M12.32M11.61M12.01M11.66M
Other Non-Current Assets-3.02M-2.13M116K146K308K229K832K-63.59M00
Total Assets+38.59M35.38M35.92M74.7M90.33M80.31M87.34M96.58M81.3M85.58M
Asset Turnover1.27x1.07x1.31x0.10x0.52x0.52x0.79x1.02x0.90x0.86x
Asset Growth %-0.11%-0.08%0.02%1.08%0.21%-0.11%0.09%0.11%-0.16%0.05%
Total Current Liabilities+8.36M12.9M15.66M12.1M15.11M14.23M15.63M27.53M11.72M11.63M
Accounts Payable4.03M9.8M668K260K4.73M4.39M5.06M4.47M1.52M5.67M
Days Payables Outstanding34.6297.195.4516.7241.9541.0828.8318.918.8234.93
Short-Term Debt1.34M1.8M473K2.62M1.56M4.46M2.02M3.28M1.68M2.01M
Deferred Revenue (Current)1000K208K27K93K185K357K01000K0294K
Other Current Liabilities876K0-1.88M100K2.46M2.26M4.4M701K5.08M268K
Current Ratio2.31x1.26x1.07x0.32x0.91x0.76x0.99x1.17x1.28x1.50x
Quick Ratio2.15x1.16x1.07x0.32x0.89x0.74x0.98x1.16x1.26x1.47x
Cash Conversion Cycle44.8435.635.3197.3118.8424.1322.5543.1931.65-0.72
Total Non-Current Liabilities+7.57M6.98M5.74M163K7.38M4.05M10.65M9.18M7.77M6.95M
Long-Term Debt4.2M3.9M5.52M6.58M6.08M3.41M10.04M8.65M7.75M6.85M
Capital Lease Obligations0003.37M1.3M490K319K183K21K101K
Deferred Tax Liabilities3.06M2.82M00097K0000
Other Non-Current Liabilities305K260K213K-9.78M059K288K348K00
Total Liabilities15.92M19.88M21.4M22.04M22.48M18.28M26.28M36.71M19.49M18.58M
Total Debt+5.54M5.7M6M16.44M12.74M9.37M12.68M12.25M9.61M9.34M
Net Debt-2.45M4.08M3.86M-1.92M8.76M7.56M11.77M798K4.24M356K
Debt / Equity0.24x0.37x0.41x0.31x0.19x0.15x0.21x0.20x0.16x0.14x
Debt / EBITDA---10.68x2.56x2.67x7.95x1.73x1.36x0.89x
Net Debt / EBITDA----1.25x1.76x2.15x7.38x0.11x0.60x0.03x
Interest Coverage-13.61x--90.22x-303.42x-3.56x-6.03x-8.10x-2.04x-2.43x-
Total Equity+22.66M15.5M14.52M52.66M67.84M62.03M61.06M59.87M61.81M67.01M
Equity Growth %-0.11%-0.32%-0.06%2.63%0.29%-0.09%-0.02%-0.02%0.03%0.08%
Book Value per Share22.0014.9313.6347.384.663.683.493.273.343.60
Total Shareholders' Equity22.66M15.5M14.52M51.34M67.84M62.03M61.06M59.87M61.81M67.01M
Common Stock8K8K9K13K17K17K18K19K19K19K
Retained Earnings6.78M-638K-2.87M-16.92M-22.63M-29.39M-37.19M-40.37M-40.25M-35.65M
Treasury Stock-792K-863K-916K0000000
Accumulated OCI310K-2K401K0-291K122K351K82K-18K-578K
Minority Interest001.36M1.32M000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+2.37M-6.6M-683K-3.32M4.11M1.34M4.3M14.7M6.71M13.69M
Operating CF Margin %0.05%-0.17%-0.01%-0.44%0.09%0.03%0.06%0.15%0.09%0.19%
Operating CF Growth %2.07%-3.79%0.9%-3.86%2.24%-0.68%2.22%2.42%-0.54%1.04%
Net Income-2.59M-7.06M-2.23M-7.08M-5.51M-6.76M-7.63M-1.19M125K4.6M
Depreciation & Amortization894K877K841K517K9.27M9.04M8.89M8.66M7.88M7.15M
Stock-Based Compensation585K563K373K609K0530K3.23M2.35M2.08M1.17M
Deferred Taxes195K-75K-3.03M575K000000
Other Non-Cash Items2K-395K-678K656K-1.3M-790K-1.2M124K-1.32M-1.6M
Working Capital Changes3.28M-510K4.04M1.4M1.65M-689K1M4.75M-2.05M2.38M
Change in Receivables4.71M-1.11M750K2.65M-897K-328K-4.45M-7.01M4.02M1.39M
Change in Inventory983K104K-212K125K-34K-54K-138K73K36K0
Change in Payables-2.3M4.33M3.16M-2.34M1.74M-575K3.97M10.55M00
Cash from Investing+796K-416K828K69K-3.24M-256K-7.52M-1.92M-8.91M-8.12M
Capital Expenditures-588K-725K-410K-833K-2.12M-768K-7.63M-3.93M-10.25M-9.15M
CapEx % of Revenue0.01%0.02%0.01%0.11%0.04%0.02%0.11%0.04%0.14%0.12%
Acquisitions----------
Investments----------
Other Investing00457K0138K512K105K1.81M1.25M1.03M
Cash from Financing+1.43M29K530K-6.54M1.94M-3.2M3.01M-2.25M-3.88M-1.91M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-75K-75K-781K-300K000000
Share Repurchases----------
Other Financing00354K300K0-10K-848K-198K-270K0
Net Change in Cash----------
Free Cash Flow+1.78M-7.33M-1.09M-3.58M2M568K-3.33M10.77M-3.54M4.55M
FCF Margin %0.04%-0.19%-0.02%-0.47%0.04%0.01%-0.05%0.11%-0.05%0.06%
FCF Growth %1.25%-5.12%0.85%-2.27%1.56%-0.72%-6.86%4.23%-1.33%2.28%
FCF per Share1.73-7.06-1.03-3.220.140.03-0.190.59-0.190.24
FCF Conversion (FCF/Net Income)-0.91x0.93x0.31x1.30x-0.72x-0.20x-0.55x-4.61x53.70x2.98x
Interest Paid159K235K772K616K1.21M910K888K748K667K575K
Taxes Paid178K60K78K291K93K210K322K198K153K0

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-10.76%-37%-14.84%-7.61%-9.48%-10.4%-12.67%-5.27%0.21%7.14%
Return on Invested Capital (ROIC)-7.6%-27.77%-17.9%-12.69%-4.46%-5.67%-7.69%-1.76%-0.96%3.81%
Gross Margin13.43%2.69%5.15%25.21%12.6%6.01%7.32%12.61%14.11%19.21%
Net Margin-5.28%-18.67%-4.73%-33.68%-12.14%-16.26%-11.27%-3.22%0.17%6.27%
Debt / Equity0.24x0.37x0.41x0.31x0.19x0.15x0.21x0.20x0.16x0.14x
Interest Coverage-13.61x--90.22x-303.42x-3.56x-6.03x-8.10x-2.04x-2.43x-
FCF Conversion-0.91x0.93x0.31x1.30x-0.72x-0.20x-0.55x-4.61x53.70x2.98x
Revenue Growth-14.27%-22.96%24.64%-83.89%520.09%-11.73%66.48%42.87%-26.02%0.24%

Revenue by Segment

2012201320142018201920202021202220232024
Natural Gas, Gathering, Transportation, Marketing and Processing----34.24M27.34M55.7M83.09M58.52M57.35M
Natural Gas, Gathering, Transportation, Marketing and Processing Growth------20.16%103.73%49.19%-29.58%-1.99%
Service---6.46M4.41M1.13M1.29M1.94M6.89M7.44M
Service Growth-----31.65%-74.43%14.10%50.97%254.40%7.99%
Rental--------6.21M7.27M
Rental Growth---------17.12%
Product and Service, Other----1.85M1.49M1.53M683K1.5M1.23M
Product and Service, Other Growth------19.56%3.30%-55.48%119.77%-17.85%
Rental Service----6.57M6.34M10.65M13.1M--
Rental Service Growth------3.52%68.05%23.01%--
Power Delivery-----5.26M7.99M---
Power Delivery Growth------51.98%---
Product---1.14M------
Product Growth----------
Technical Products And Services-49.15M49.97M-------
Technical Products And Services Growth--1.66%-------
Electrical And Instrumentation Construction-10.09M7.29M-------
Electrical And Instrumentation Construction Growth---27.77%-------
American Access Technologies5.9M6.09M--------
American Access Technologies Growth-3.31%--------
Technical Products and Services38.97M---------
Technical Products and Services Growth----------
Electrical and Instrumentation Construction9.2M---------
Electrical and Instrumentation Construction Growth----------

Revenue by Geography

2012201320142018201920202021202220232024
UNITED STATES----43.52M32.2M58.26M82.31M65.49M69.01M
UNITED STATES Growth------26.00%80.92%41.27%-20.44%5.38%
MEXICO----131K4.08M10.91M16.51M7.63M4.29M
MEXICO Growth-----3018.32%167.00%51.40%-53.81%-43.80%
BRAZIL----3.42M5.26M7.99M---
BRAZIL Growth-----53.76%51.98%---

Frequently Asked Questions

Valuation & Price

Stabilis Solutions, Inc. (SLNG) has a price-to-earnings (P/E) ratio of 18.3x. This is roughly in line with market averages.

Growth & Financials

Stabilis Solutions, Inc. (SLNG) reported $72.3M in revenue for fiscal year 2024. This represents a 39% increase from $51.9M in 2011.

Stabilis Solutions, Inc. (SLNG) grew revenue by 0.2% over the past year. Growth has been modest.

Yes, Stabilis Solutions, Inc. (SLNG) is profitable, generating $1.0M in net income for fiscal year 2024 (6.3% net margin).

Dividend & Returns

Stabilis Solutions, Inc. (SLNG) has a return on equity (ROE) of 7.1%. This is below average, suggesting room for improvement.

Stabilis Solutions, Inc. (SLNG) generated $0.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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