Saturday 17 October 2026
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Southland Holdings, Inc.
SLND Industrials Engineering & Construction
Southland Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $772.2 million, down 21.2% from fiscal 2024. In the quarter to June 2026, revenue fell 47.4%, EPS fell 715.8%, free cash flow fell 432.9% and total debt rose 70.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.
0.74
0.06
−7.50%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 9.73 | 9.81 | 4.78 | 1.85 | 2.68 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 10.01 | 10.23 | 11.14 | 6.16 | 5.34 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 3 | 2,500 | 2,500 | 2,100 | 1,800 | ||||
| Revenue/emp, $m | — | — | — | — | — | 426.40 | 0.46 | 0.46 | 0.47 | 0.43 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 1,279 | 1,161 | 1,160 | 980 | 772 | ||||
| Gross margin, % | — | — | — | — | — | 8.93 | 12.13 | 3.09 | (6.43) | (20.11) | |||||
| EBT | — | — | — | — | — | 52 | 76 | (27) | (152) | (252) | |||||
| EBT margin, % | — | — | — | — | — | 4.10 | 6.54 | (2.35) | (15.55) | (32.62) | |||||
| Net income | — | — | — | — | — | 42 | 63 | (19) | (106) | (308) | |||||
| Depreciation | — | — | — | — | — | 47 | 46 | 31 | 23 | 25 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 35.62 | 32.34 | 24.64 | 20.39 | 14.29 | ||||
| Earnings | — | — | — | — | — | 0.00 | 0.07 | (0.41) | (2.19) | (5.67) | |||||
| Cash flow | — | — | — | — | — | (2.52) | (1.84) | (0.22) | 0.04 | 0.31 | |||||
| Capex | — | — | — | — | — | (0.21) | 0.15 | (0.04) | (0.02) | 0.05 | |||||
| Free cash flow | — | — | — | — | — | (2.73) | (1.70) | (0.26) | 0.02 | 0.36 | |||||
| Book value | — | — | — | — | — | (0.23) | 10.02 | 5.53 | 3.65 | (2.45) | |||||
| Shares, m | — | — | — | — | — | 36 | 36 | 47 | 48 | 54 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | 0.00 | 0.32 | 0.21 | 0.16 | 0.23 | |||||
| P/B | — | — | — | — | — | 0.00 | 1.09 | 0.94 | 0.89 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | 0.00 | 0.49 | 0.42 | 0.42 | 0.67 | |||||
| EV/FCF | — | — | — | — | — | 0.00 | (9.34) | (39.19) | 400.68 | 26.67 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | (91) | (66) | (10) | 2 | 17 | ||||
| Capex | — | — | — | — | — | (8) | 5 | (2) | (1) | 3 | |||||
| Free cash flow | — | — | — | — | — | (98) | (61) | (12) | 1 | 19 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 1 | 391 | 359 | 261 | 79 | ||||
| Total debt | — | — | — | — | — | — | 274 | 300 | 342 | 299 | |||||
| Net debt | — | — | — | — | — | (1) | 202 | 237 | 254 | 232 | |||||
| Shareholders’ equity | — | — | — | — | — | (8) | 360 | 261 | 175 | (133) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | 8.61 | (1.66) | (8.76) | (27.96) | ||||
| ROIC | — | — | — | — | — | 0.00 | 9.21 | (3.95) | (18.38) | (136.69) | |||||
| ROE | — | — | — | — | — | 0.00 | 37.00 | (6.46) | (48.34) | (1,428.99) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Southland Holdings, Inc. vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SHIM Shimmick Corporation | $104.6M | — (loss-making) | — (loss-making) | −16.97% (below 0%: shrinking) | n/m | −257.50% (below 0%: shrinking) | 11.68% | (2.49%) | Compare |
| VATE INNOVATE Corp. | $84.7M | — (loss-making) | — (loss-making) | +74.21% (above 0%: growing) | n/m | −201.16% (below 0%: shrinking) | 18.86% | 8.18% | Compare |
| BLNK Blink Charging Co. | $64.2M | — (loss-making) | — (loss-making) | −24.49% (below 0%: shrinking) | n/m | +85.98% (above 0%: growing) | 38.95% | (28.72%) | Compare |
| SLND Southland Holdings, Inc. | $43.5M | — (loss-making) | — (loss-making) | −47.39% (below 0%: shrinking) | n/m | −432.89% (below 0%: shrinking) | (62.87%) | (77.61%) | |
| KAZR Skyline Builders Group Holding Limited | $36.3M | — | — | — | — | +53.58% (above 0%: growing) | — | — | Compare |
| PMA Ming Shing Group Holdings Limited | $15.9M | — | — | — | — | −40.23% (below 0%: shrinking) | — | — | Compare |
| ONEG OneConstruction Group Limited | $14.4M | — | — | — | — | — | — | — | Compare |
| RNTZ SKK Holdings Limited | $13.1M | — | — | — | — | −657.75% (below 0%: shrinking) | — | — | Compare |
| ZDAI DirectBooking Technology Co., Ltd. | $11.2M | — | — | — | — | −262.93% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $26.1M | — | — | −16.97% | — | −201.16% | 18.86% | (2.49%) |
Southland Holdings, Inc. (SLND) key facts
- Concern: Southland Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $772.2 million, down 21.2% from fiscal 2024.
- Southland Holdings, Inc. (SLND) is an Engineering & Construction company in the Industrials sector, listed on NYSE American.
- As of October 16, 2026, SLND traded at $0.74, a market capitalization of $43.5 million.
- Return on equity was −1,429.0% and debt-to-equity -2.20.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −0.36 (distress zone) for fiscal 2025.