Financial Snapshot

Revenue
$1.029B
TTM
Gross Margin
-7.91%
TTM
Net Earnings
-$106.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
147.76%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$158.0M
Q3 2024
Cash
Q3 2024
P/E
-1.415
Nov 29, 2024 EST
Free Cash Flow
$36.26M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $1.160B $1.161B $0.00 $1.058B $1.048B
YoY Change -0.08% -100.0% 0.97%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $1.160B $1.161B $0.00 $1.058B $1.048B
Cost Of Revenue $1.125B $1.021B $1.165B $964.5M $967.2M
Gross Profit $35.81M $140.9M $114.2M $93.40M $80.50M
Gross Profit Margin 3.09% 12.13% 8.83% 7.68%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $67.20M $58.20M $162.6K $49.70M $45.20M
YoY Change 15.46% 35693.36% -99.67% 9.96%
% of Gross Profit 187.62% 41.31% 0.14% 53.21% 56.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.90M $45.70M $47.47M $39.37M $35.87M
YoY Change -34.57% -3.73% 20.57% 9.76%
% of Gross Profit 83.49% 32.43% 41.57% 42.15% 44.56%
Operating Expenses $67.20M $58.20M $162.6K $49.70M $45.20M
YoY Change 15.46% 35693.36% -99.67% 9.96%
Operating Profit -$31.38M -$1.282M $114.0M $43.70M $35.30M
YoY Change 2348.51% -101.12% 160.96% 23.8%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $19.47M -$9.000M $24.16K -$6.000M -$4.600M
YoY Change -316.34% -37351.66% -100.4% 30.43%
% of Operating Profit 0.02% -13.73% -13.03%
Other Income/Expense, Net $23.58M $2.200M $2.800M $1.800M $2.000M
YoY Change 971.82% -21.43% 55.56% -10.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$27.24M $2.732M -$138.4K $39.60M $32.70M
YoY Change -1097.07% -2073.57% -100.35% 21.1%
Income Tax -$8.527M $800.9K $10.90M $9.400M $2.300M
% Of Pretax Income 29.31% 23.74% 7.03%
Net Earnings -$19.25M $1.931M -$138.4K $33.70M $30.40M
YoY Change -1096.89% -1495.05% -100.41% 10.86%
Net Earnings / Revenue -1.66% 0.17% 3.19% 2.9%
Basic Earnings Per Share -$0.41
Diluted Earnings Per Share -$0.41 $1.36 -$3.855K $0.76 $0.69

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $49.18M $57.90M $1.100M $30.90M
YoY Change -15.07% 5163.49% -96.44%
Cash & Equivalents $49.18M $57.90M $63.30M $30.90M
Short-Term Investments
Other Short-Term Assets $34.73M $38.10M $416.0K $171.4M
YoY Change -8.85% 9058.43% -99.76%
Inventory
Prepaid Expenses
Receivables $858.6M $771.3M $612.3M $602.8M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $942.5M $867.3M $1.516M $805.1M
YoY Change 8.67% 57108.25% -99.81%
Property, Plant & Equipment $114.6M $131.0M $171.8M $204.6M
YoY Change -12.49% -23.75% -16.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $127.5M $119.6M $280.2M $100.3M
YoY Change 6.58% -57.31% 179.33%
Other Assets $13.21M $3.700M $3.200M $4.100M
YoY Change 256.95% 15.63% -21.95%
Total Long-Term Assets $258.5M $258.0M $280.2M $315.5M
YoY Change 0.21% -7.91% -11.2%
Total Assets $1.201B $1.125B $281.7M $1.121B
YoY Change
Accounts Payable $203.4M $160.1M $5.720K $148.8M
YoY Change 27.05% 2798851.05% -100.0%
Accrued Expenses $133.5M $133.4M $77.58K $133.8M
YoY Change 0.1% 171851.53% -99.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $53.67M $51.10M $49.50M $40.30M
YoY Change 5.04% 3.23% 22.83%
Total Short-Term Liabilities $584.0M $476.1M $83.30K $607.7M
YoY Change 22.66% 571448.62% -99.99%
Long-Term Debt $253.6M $232.6M $0.00 $177.3M
YoY Change 9.04% -100.0%
Other Long-Term Liabilities $100.4M $53.30M $9.660M $66.80M
YoY Change 88.3% 451.76% -85.54%
Total Long-Term Liabilities $354.0M $285.9M $9.660M $244.1M
YoY Change 23.82% 2859.63% -96.04%
Total Liabilities $951.4M $775.9M $9.743M $861.6M
YoY Change 22.62% 7863.42% -98.87%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 47.09M
Diluted Shares Outstanding 47.09M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $151.05 Million

About Southland Holdings, Inc.

Southland Holdings, Inc. engages in infrastructure construction. The company is headquartered in Grapevine, Texas and currently employs 2,500 full-time employees. The company went IPO on 2021-11-22. The firm's segments include Civil and Transportation. The Civil segment operates throughout North America and specializes in services that include the design and construction of water pipeline, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling. The Transportation segment operates throughout North America and specializes in services that include the design and construction of bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities. The firm's customers include public and private entities. Its public sector customers include certain federal agencies, state departments of transportation, local transit authorities, county and city public works departments, and utilities. The firm's private customers consist of the owners of industrial, commercial and residential sites.

Industry: Heavy Construction Other Than Bldg Const - Contractors Peers: ARGAN INC Bowman Consulting Group Ltd. Concrete Pumping Holdings, Inc. Construction Partners, Inc. Great Lakes Dredge & Dock CORP IES Holdings, Inc. STERLING INFRASTRUCTURE, INC. TUTOR PERINI CORP QUANTA SERVICES, INC.