Southland Holdings, Inc.
SLND NYSE· Heavy Construction Other Than Bldg Const - Contractors
Last close · Oct 23, 2026
$0.74
KIRA · Stoqly’s AI analyst, in plain words
- Southland Holdings, Inc. had $772M of revenue in fiscal 2025, down 21.2% on the year before.
- Its operating margin was −28.1%, down 15.2 pts: of every 100 in sales, about −28 is left after running the business.
- Southland Holdings, Inc. lost $307M in fiscal 2025.
- Free cash flow was $12.7M in fiscal 2025, 1.6% of revenue.
- Southland Holdings, Inc. owes $218M more than it holds in cash.
Market cap
$40.1M
P/E
—
Revenue
$772M
Net income
−$307M
Free cash flow
$12.7M
Operating margin
−28.1%
Southland Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−21.2%
No. Sales fell 21.2% last year.
Does it make a profit?
−39.7%
No. It lost money last year.
Does profit turn into cash?
1.6%
Partly. 1.6% of sales ends up as free cash.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Southland Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 26, 2026
- Legal name
- Southland Holdings, Inc.
- CIK
- 0001883814
Southland Holdings, Inc. · SLND
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.3B | $1.2B | $1.2B | $980M | $772M |
| Revenue growth | — | −9.2% | −0.1% | −15.5% | −21.2% |
| Gross margin | 8.9% | 12.1% | 3.1% | −6.4% | −20.1% |
| Operating margin | 4.4% | 7.1% | −2.7% | −12.9% | −28.1% |
| Net income | $38.7M | $60.5M | −$19.3M | −$105M | −$307M |
| Net margin | 3.0% | 5.2% | −1.7% | −10.7% | −39.7% |
| Diluted EPS | — | — | −$0.41 | −$2.19 | −$5.67 |
| Cash | |||||
| Cash from operations | −$90.6M | −$66.2M | −$10.3M | $1.9M | $16.6M |
| Capital expenditure | $18.8M | $4.8M | $10.8M | $7.4M | $3.8M |
| Free cash flow | −$109M | −$71.0M | −$21.1M | −$5.5M | $12.7M |
| FCF margin | −8.6% | −6.1% | −1.8% | −0.6% | 1.6% |
| Share count change | — | — | — | 2.1% | 12.4% |
| Debt and strength | |||||
| Cash and short-term investments | $63.3M | $57.9M | $49.2M | $72.2M | $52.7M |
| Debt incl. finance leases | — | $284M | $307M | $306M | $270M |
| Shareholders' equity | −$8.2M | $349M | $250M | $164M | −$141M |
| Net debt / EBITDA | — | 1.8x | — | — | — |
| Current ratio | 18.2x | 1.8x | 1.6x | 1.4x | 1.1x |
| Interest coverage | 7.7x | 9.3x | −1.6x | −4.3x | −5.9x |
| Returns and quality | |||||
| Return on capital | — | 9.5% | −5.0% | −25.5% | −267.5% |
| Return on equity | — | 35.5% | −6.4% | −51.0% | −2,697.9% |
| Return on tangible equity | — | 17.5% | −7.8% | −65.5% | — |
| Piotroski F-score | — | 2 | 1 | 3 | 2 |
| Altman Z'' | 0.4 | 3.2 | 2.0 | 0.5 | −2.5 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Southland Holdings, Inc. · SLND
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.74 a share, the company is worth $40.1M.
Source: SEC EDGAR XBRL filings (CIK 0001883814). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.