SLNDNYSEHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends December 31Also trades as SLND.WT
Southland Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$0.77+0.03 (+4.07%)
Close on Oct 19, 2026
- Market cap
- $41.78M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
-20.1%
Operating margin
-28.1%
Net margin
-39.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -21.2% | -12.7% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -2697.9% | |
| Return on assets | – | – | -28.0% | |
| Current ratio | – | – | 1.12 | |
| Debt to equity | – | – | -1.83 | |
| Net debt to EBITDA | – | – | -1.06× | |
| Interest coverage | – | – | -5.9× | |
| Inventory turnover | – | – | 261.2× | |
| Capex to revenue | – | – | 0.5% | |
| Diluted shares | – | – | 54M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Southland generated $185.55M from operations and spent $45.67M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$185.55M
Used
$45.67M
Capital expenditure$45.67M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-39.7%
×Asset turnover0.70×
×Equity multiplier96.50×
=Return on equity, FY2025-2697.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -39.7% | 0.70× | 96.50× | -2697.9% |
| FY2024 | -10.7% | 0.82× | 5.82× | -51.0% |
| FY2023 | -1.7% | 1.00× | 3.88× | -6.4% |
| FY2022 | 5.2% | 1.65× | 4.12× | 35.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$306.54M
- Cash generatingOperating cash flow above zero$16.58M
- Return on assets improvedROA up on the prior year-8.8% → -25.5%
- Earnings backed by cashOperating cash flow above net income$16.58M vs -$306.54M
- Less leverageLong-term debt to assets fell21.2% → 20.6%
- Better liquidityCurrent ratio rose1.42 → 1.12
- No dilutionShare count did not rise48M → 54M
- Gross margin improvedGross margin up on the prior year-6.43% → -20.11%
- More efficientAsset turnover rose0.82 → 0.64