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%
Market cap
$43.5M
P/E
0.0×
Fwd P/E
−0.8×
Dividend yield
—
F-score
3/9
Altman Z
−0.36
Beneish M
n/a
Dividend safety
25/100

Insider Decisions trades per month

Total buys 0.04
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 1 — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 73.55%

Capital & Financial Ratios $m

Market Cap 43.54
Revenue 603.01
Net Income (411.01)
Free Cash Flow (146.95)
Net Debt 501.37
Current Ratio 1.27
Debt/Equity (2.20) (negative: negative equity)
P/E ratio 0.00
Fwd P/E (0.79) (negative: loss-making)
P/S ratio 0.07
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 55.64% (at or above 15%: strong)
Next Y EPS Growth 69.38% (at or above 15%: strong)
Next Y revenue growth (20.81%) (below 0%: weak)
Next 5Y EPS Growth 20.00% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 8.83%
10-year low 10-year high
EV/Sales against its own 10 years 99.05%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 64 88 67 46
Receivables 304 292 270 202
Inventory — — — —
Other 574 503 397 299
943 882 734 547
2023 2024 2025 Q'26
Payables 162 192 225 81
ST’ Debt 48 45 54 58
Other 193 250 253 194
584 621 655 429

Compound Annual Growth %

10y 5y 3y
Sales — — (12.72%)
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 172 113 — — —
’25 239 215 213 104 772
’24 288 252 173 267 980
’23 275 257 312 316 1,160
’22 258 273 335 295 1,161
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (134) (38) — — —
’25 6 (5) 6 10 17
’24 (10) 27 (5) (10) 2
’23 (35) 24 (26) 26 (10)
’22 (38) (44) 11 5 (66)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (133) (32) — — —
’25 8 (6) 8 10 19
’24 (10) 27 (6) (9) 1
’23 (35) 26 (28) 24 (12)
’22 (38) (44) 10 11 (61)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.52) (1.55) — — —
’25 (0.08) (0.19) (1.39) (4.00) (5.67)
’24 (0.01) (0.96) (1.14) (0.09) (2.19)
’23 (0.11) (0.27) 0.08 (0.12) (0.41)
’22 — — 0.02 0.04 0.05
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%)

All 51 Engineering & Construction stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Southland Holdings, Inc. (SLND) Latest News

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stockrow.com/SLND · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com