Southland Holdings Inc
SLNDIndustrials·Engineering & Construction·USA·Nano·AMEX·Nov 11 • 3:59 PM ET
Price
SLND against its 20, 50 and 200-day averages88.2% under the 52-week high of 5.34 on 13 Nov 2025. 52-week low 0.51 on 31 Jul 2026. Last 15 sessions, 41.2% high to low
Volume 0.04× normal · the line is the 50-bar volume average
Profile
SLNDSouthland Holdings, Inc. engages in infrastructure construction. It operates through the following segments: Civil and Transportation. The Civil segment specializes in the design and construction of water pipelines, pump stations, lift stations, water and wastewater treatment plans, concrete and structural steel, outfall, and tunneling. The Transportation segment handles services that include the design and construction of bridges, roadways, marine dredging, ship terminals, and others. The company was founded in 1900 and is headquartered in Grapevine, TX.
| Employees | 1800 |
|---|---|
| IPO | Dec 23, 2021 |
| Beta | 0.33 |
| ATR, 14d | 0.07 |
| Rel volume | 0.04 |
| Short float | 1.96% |
| Insider own | 73.64% |
| Inst own | 12.08% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 34.24M |
| Enterprise Value | 261.86M |
| Income | -404.30M |
| Sales | 603.01M |
| Book/sh | -4.66 |
| Cash/sh | 0.84 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 1800 |
| IPO | Dec 23, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.06 |
| P/B | - |
| P/C | 0.75 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 0.43 |
| Quick Ratio | 1.27 |
| Current Ratio | 1.27 |
| Debt/Eq | - |
| LT Debt/Eq | - |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -7.47 |
|---|---|
| EPS next Y | -0.77 |
| EPS next Q | -0.12 |
| EPS this Y | 55.64% |
| EPS next Y | 69.38% |
| EPS next 5Y | - |
| EPS past 3/5Y | - -517.53% |
| Sales past 3/5Y | -12.72% - |
| EPS Y/Y TTM | -397.97% |
| Sales Y/Y TTM | -32.66% |
| EPS Q/Q | -714.10% |
| Sales Q/Q | -47.39% |
| Earnings | Nov 12 AMC |
| EPS/Sales Surpr. | -264.71% -35.44% |
Ownership
| Insider Own | 73.64% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 12.08% |
| Inst Trans | -9.29% |
| ROA | -41.05% |
| ROE | -2697.94% |
| ROIC | - |
| Gross Margin | -44.13% |
| Oper. Margin | -54.61% |
| Profit Margin | -67.05% |
| SMA20 | -15.19% |
| SMA50 | -9.03% |
| SMA200 | -33.68% |
| Trades | - |
Technical
| Shs Outstand | 54.44M |
|---|---|
| Shs Float | 14.35M |
| Short Float | 1.96% |
| Short Ratio | 0.07 |
| Short Interest | 0.28M |
| 52W High | 5.34 -88.22% |
| 52W Low | 0.51 23.33% |
| Volatility | 6.97% 8.60% |
| ATR (14) | 0.07 |
| RSI (14) | 38.21 |
| Beta | 0.33 |
| Rel Volume | 0.04 |
| Avg Volume | 4.24M |
| Volume | 151,579 |
Performance
| Perf Week | -16.13% |
|---|---|
| Perf Month | -21.99% |
| Perf Quarter | 17.35% |
| Perf Half Y | -50.08% |
| Perf YTD | -81.05% |
| Perf Year | -86.15% |
| Perf 3Y | -89.65% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 3.00 |
| Prev Close | 0.66 |
| Price | 0.63 |
| Change % | -5.13% |
Analyst ratings
latest 2 of 2| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Aug 16, 2023 | Downgrade | DDA Davidson | Buy → Neutral | $12 → $7 | +1,012.9% |
| Apr 04, 2023 | Initiated | CCraig Hallum | Buy | $14 | +2,125.8% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| SHIM | Shimmick Corp | 93.83M |
| TPC | Tutor Perini Corp | 5.33B |
| ORN | Orion Group Holdings Inc | 315.92M |
| GVA | Granite Construction Inc | 5.58B |
| MTRX | Matrix Service Co | 259.39M |
| PRIM | Primoris Services Corp | 3.79B |
| ROAD | Construction Partners Inc | 4.77B |
| CDNL | Cardinal Infrastructure Group Inc | 711.62M |
| ESOA | Energy Services of America Corp | 169.43M |
| BBCP | Concrete Pumping Holdings Inc | 516.02M |
Insider trading
1 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Winn Walter Timothy | CO-COO AND EVP | Mar 31 '26 | Buy | 1.47 | 29,177 | 42,890 | 1,950,721 | Apr 02 08:00 PM |
Held by
AUMNews
latest 14 of 168- Southland's Profit Test: Can A Restructured Contractor Turn Bonding Relief Into Backlog? (Earnings Whispers)
- Southland Holdings Inc (SLND) (Q2 2026) Earnings Call Highlights: Navigating Legacy Disputes ... (GuruFocus.com) +5.62%
- Southland: Q2 Earnings Snapshot (Associated Press) -24.29%
- Earnings To Watch: Southland Holdings Inc (SLND) Q2 2026 -- GF Value Sees 261% Upside (GuruFocus.com)
- Earnings To Watch: Southland Holdings Inc (SLND) Q2 2026 -- GF Value Sees 321% Upside (GuruFocus.com) +16.64%
- Southland Holdings Inc (SLND) Q1 2026 Earnings Call Highlights: Strategic Progress Amid Revenue ... (GuruFocus.com) -8.03%
- Southland: Q1 Earnings Snapshot (Associated Press) +8.73%
- Southland: Q4 Earnings Snapshot (Associated Press Finance) +21.97% -24.22%
- Earnings To Watch: Southland Holdings Inc (SLND) Reports Q4 2025 Result (GuruFocus.com)
- Limbach (LMB) Q4 Earnings Top Estimates (Zacks)
- Frontdoor (FTDR) Q4 Earnings and Revenues Surpass Estimates (Zacks)
- Everus Construction Group, Inc. (ECG) Q4 Earnings and Revenues Top Estimates (Zacks) +7.63%
- Southland Holdings Inc (SLND) Q3 2025 Earnings Call Highlights: Navigating Challenges and ... (GuruFocus.com) +10.07%
- Southland Holdings (SLND) Reports Q3 Loss, Misses Revenue Estimates (Zacks) +5.73% -13.96%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-12 | - | -0.125 | - | - | 162.48 | 2 |
| 2026Q2 | 2026-08-12 | -1.550 | -0.425 | -1.550 | 113.31 | 175.51 | 2 |
| 2026Q1 | 2026-05-12 | -0.520 | -0.415 | -0.524 | 172.41 | 172.23 | 2 |
| 2025Q4 | 2026-03-26 | -4.000 | -0.180 | -3.999 | 103.96 | 212.12 | 2 |
| 2025Q3 | 2025-11-12 | -1.390 | -0.193 | -1.391 | 213.34 | 241.52 | 4 |
| 2025Q2 | 2025-08-12 | -0.190 | -0.268 | -0.191 | 215.38 | 245.8 | 4 |
| 2025Q1 | 2025-05-13 | -0.080 | -0.368 | -0.084 | 239.49 | 228.63 | 4 |
| 2024Q4 | 2025-03-04 | -0.090 | -0.473 | -0.087 | 267.25 | 228.85 | 4 |
| 2024Q3 | 2024-11-12 | -1.140 | -0.047 | -1.138 | 173.32 | 315.33 | 3 |
| 2024Q2 | 2024-08-12 | -0.960 | 0.023 | -0.959 | 251.51 | 293.67 | 4 |
| 2024Q1 | 2024-05-13 | -0.010 | -0.145 | -0.009 | 288.1 | 256.26 | 4 |
| 2023Q4 | 2024-03-04 | -0.120 | 0.005 | -0.116 | 316.19 | 274.35 | 4 |
| 2023Q3 | 2023-11-13 | 0.080 | 0.025 | 0.079 | 312.47 | 300.65 | 4 |
| 2023Q2 | 2023-08-14 | -0.760 | 0.030 | -0.274 | 256.93 | 257 | 4 |
| 2023Q1 | 2023-05-15 | -0.030 | -0.040 | -0.105 | 274.83 | 230 | 4 |
| 2022Q4 | 2023-03-22 | 0.440 | 0.220 | 0.042 | 294.8 | 335.2 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2022FY | 1.270 | 0.940 | 1.686 | 1,161 | 1,202 |
| 2023FY | -0.820 | -0.598 | -0.409 | 1,160 | 1,119 |
| 2024FY | -2.190 | -2.580 | -2.192 | 980.18 | 941.76 |
| 2025FY | -5.670 | -1.840 | -5.670 | 772.17 | 880.38 |
| 2026FY | - | -2.515 | - | - | 611.51 |
| 2027FY | - | -0.770 | - | - | 656.11 |
| 2028FY | - | 0.210 | - | - | 746 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-10-27 | 2 | 0 | 0 | 162.48 | 155 | 169.96 |
| 2026Q3 | S | 2026-08-13 | 2 | 0 | 2 | 162.48 | 155 | 169.96 |
| 2026Q3 | S | 2026-08-12 | 2 | 0 | 0 | 181.63 | 175 | 188.27 |
| 2026Q3 | S | 2026-07-28 | 2 | 0 | 0 | 181.63 | 175 | 188.27 |
| 2026Q3 | S | 2026-07-27 | 2 | 0 | 1 | 181.63 | 175 | 188.27 |
| 2026Q3 | S | 2026-05-14 | 2 | 0 | 2 | 181.63 | 175 | 188.27 |
| 2026Q3 | S | 2026-05-13 | 2 | 0 | 2 | 194.13 | 188.27 | 200 |
| 2026Q3 | S | 2026-03-31 | 2 | 0 | 1 | 197.81 | 195.61 | 200 |
| 2026Q3 | S | 2026-03-27 | 2 | 0 | 0 | 210.31 | 195.61 | 225 |
| 2026Q3 | S | 2026-01-27 | 1 | 0 | 0 | 225 | 225 | 225 |
| 2026Q3 | S | 2026-01-02 | 1 | 0 | 1 | 225 | 225 | 225 |
| 2026Q3 | S | 2025-11-13 | 2 | 0 | 2 | 226.25 | 225 | 227.5 |
| 2026Q3 | S | 2025-11-11 | 2 | 0 | 0 | 235 | 230 | 240 |
| 2026Q3 | S | 2025-11-10 | 2 | 0 | 0 | 235 | 230 | 240 |
Estimate history
| EPS, annual | -0.004 | 1.686 | -0.409 | -2.192 | -5.671 | -7.4675 | |||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| EPS, quarterly | -0.959 | -1.138 | -0.087 | -0.084 | -0.191 | -1.391 | -3.999 | -0.524 | -1.553 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 1161.431 | 1160.417 | 980.179 | 772.168 | 603.01 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| Sales, quarterly | 251.512 | 173.32 | 267.25 | 239.486 | 215.382 | 213.343 | 103.957 | 172.405 | 113.306 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 35.911 | 35.911 | 47.892 | 53.936 | 54.113 | 54.435 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |||
| Shares, quarterly | 48.106 | 48.106 | 53.936 | 53.987 | 54.113 | 54.113 | 54.113 | 54.198 | 54.435 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Total Revenue | 603.01 | 772.17 | 980.18 | 1,160.42 | 1,161.43 | 0.00 |
| Cost of Goods Sold Incl. D&A | 869.10 | 927.43 | 1,043.22 | 1,124.60 | 1,020.50 | 0.00 |
| Gross Profit | -266.09 | -155.26 | -63.04 | 35.81 | 140.93 | 0.00 |
| Selling, General and Administrative Excl. Other | 63.23 | 61.62 | 63.27 | 65.60 | 58.23 | 0.16 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -329.32 | -216.88 | -126.31 | -29.79 | 82.70 | -0.16 |
| Interest Expense | 34.18 | 37.02 | 29.51 | 19.47 | 8.89 | - |
| Unusual Expense | 0.00 | 0.00 | 0.60 | -19.09 | 0.00 | 0.00 |
| Net Income Before Taxes | -355.74 | -251.87 | -152.42 | -27.24 | 75.94 | -0.14 |
| Income Taxes | 55.28 | 56.50 | -46.89 | -8.53 | 13.29 | 0.00 |
| Consolidated Net Income | -411.01 | -308.36 | -105.53 | -18.71 | 62.65 | -0.14 |
| Net Income From Continuing Operations | -404.30 | -306.54 | -105.36 | -19.25 | 60.54 | -0.14 |
| Net Income | -404.30 | -306.54 | -105.36 | -19.25 | 60.54 | -0.14 |
| EPS (Recurring) | -7.45 | -5.67 | -2.18 | -0.69 | 1.69 | -0.00 |
| EPS (Basic, Before Extraordinaries) | -7.47 | -5.67 | -2.19 | -0.41 | 1.69 | -0.00 |
| EPS (Diluted) | -7.47 | -5.67 | -2.19 | -0.41 | 1.69 | -0.00 |
| EBITDA | -306.93 | -193.67 | -103.02 | 0.74 | 128.40 | -0.16 |
| Non-Operating Income (Expense) | 7.77 | 2.04 | 4.01 | 2.92 | 2.13 | 0.02 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.03 | 0.94 | 1.62 | - | - | - |
| Price To Earnings Ratio | - | - | - | - | 1,327.27 | - |
| Price To Sales Ratio | 0.06 | 0.23 | 0.16 | 0.21 | 0.31 | - |
| Gross Margin | -44.13 | -20.11 | -6.43 | 3.09 | 12.13 | - |
| Operating Margin | -54.61 | -28.09 | -12.89 | -2.57 | 7.12 | - |
| Net Margin | -67.05 | -39.70 | -10.75 | -1.66 | 5.21 | - |
| Shares Outstanding | 54.44 | 54.11 | 53.94 | 47.89 | 35.91 | 35.91 |
| Market Capitalization | 34.24 | 34.24 | 156.34 | 246.94 | 367.01 | 356.60 |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 113.31 | 172.41 | 103.96 | 213.34 | 215.38 | 239.49 | 267.25 | 173.32 |
| Cost of Goods Sold Incl. D&A | 184.54 | 177.16 | 297.33 | 210.07 | 202.02 | 218.01 | 259.58 | 224.43 |
| Gross Profit | -71.23 | -4.76 | -193.38 | 3.27 | 13.36 | 21.48 | 7.67 | -51.10 |
| Selling, General and Administrative Excl. Other | 16.70 | 14.94 | 17.00 | 14.59 | 13.57 | 16.46 | 15.71 | 17.49 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -87.94 | -19.70 | -210.38 | -11.31 | -0.21 | 5.01 | -8.04 | -68.60 |
| Interest Expense | 7.34 | 8.68 | 9.00 | 9.17 | 9.98 | 8.87 | 9.62 | 7.52 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.00 |
| Net Income Before Taxes | -88.76 | -28.16 | -219.03 | -19.79 | -9.95 | -3.10 | -16.66 | -75.27 |
| Income Taxes | -1.61 | 0.02 | -0.32 | 57.19 | -0.06 | -0.31 | -14.10 | -17.14 |
| Consolidated Net Income | -87.15 | -28.18 | -218.70 | -76.98 | -9.89 | -2.79 | -2.57 | -58.13 |
| Net Income From Continuing Operations | -84.27 | -28.35 | -216.41 | -75.27 | -10.31 | -4.55 | -4.16 | -54.73 |
| Net Income | -84.27 | -28.35 | -216.41 | -75.27 | -10.31 | -4.55 | -4.16 | -54.73 |
| EPS (Recurring) | -1.55 | -0.52 | -4.00 | -1.39 | -0.19 | -0.08 | -0.08 | -1.14 |
| EPS (Basic, Before Extraordinaries) | -1.55 | -0.52 | -4.00 | -1.39 | -0.19 | -0.08 | -0.09 | -1.14 |
| EPS (Diluted) | -1.55 | -0.52 | -4.00 | -1.39 | -0.19 | -0.08 | -0.09 | -1.14 |
| EBITDA | -82.50 | -14.05 | -204.69 | -5.68 | 5.17 | 11.54 | -1.67 | -62.82 |
| Non-Operating Income (Expense) | 6.51 | 0.22 | 0.34 | 0.69 | 0.24 | 0.76 | 1.59 | 0.85 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.23 | 0.42 | 0.29 | 0.10 | 0.18 | 0.37 | 0.30 | 0.30 |
| Price To Sales Ratio | 0.06 | 0.10 | 0.23 | 0.25 | 0.25 | 0.17 | 0.16 | 0.17 |
| Gross Margin | -62.87 | -2.76 | -186.02 | 1.54 | 6.20 | 8.97 | 2.87 | -29.49 |
| Operating Margin | -77.61 | -11.43 | -202.37 | -5.30 | -0.10 | 2.09 | -3.01 | -39.58 |
| Net Margin | -74.37 | -16.44 | -208.18 | -35.28 | -4.78 | -1.90 | -1.55 | -31.58 |
| Shares Outstanding | 54.44 | 54.20 | 54.11 | 54.11 | 54.11 | 53.99 | 53.94 | 48.11 |
| Market Capitalization | 34.24 | 70.35 | 179.66 | 232.14 | 225.71 | 161.42 | 156.34 | 177.99 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 67.47 | 87.56 | 63.82 | 71.99 | 1.10 |
| Short Term Receivables | 636.17 | 774.76 | 858.63 | 771.27 | 0.00 |
| Inventories | 2.60 | 4.50 | 5.50 | 9.80 | 0.00 |
| Other Current Assets | 27.73 | 14.83 | 14.58 | 14.25 | 0.42 |
| Total Current Assets | 733.97 | 881.65 | 942.54 | 867.30 | 1.52 |
| Net Property, Plant & Equipment | 117.83 | 131.22 | 114.64 | 130.98 | 0.00 |
| Total Investments and Advances | 134.61 | 131.99 | 127.47 | 119.58 | 280.16 |
| Long-Term Note Receivable | 0.17 | - | 0.00 | 1.99 | - |
| Intangible Assets | 2.71 | 2.71 | 3.21 | 3.75 | 0.00 |
| Deferred Tax Assets | 0.00 | 54.53 | 11.50 | 0.00 | - |
| Other Assets | 0.00 | 1.54 | 1.71 | 1.71 | 0.00 |
| Total Assets | 989.28 | 1,203.65 | 1,201.07 | 1,125.31 | 281.68 |
| Short Term Debt Incl. Current Port. of LT Debt | 60.54 | 54.63 | 62.53 | 62.89 | 0.00 |
| Accounts Payable | 261.89 | 225.29 | 203.41 | 160.06 | 0.00 |
| Income Tax Payable | - | - | - | 0.08 | - |
| Other Current Liabilities | 332.55 | 341.22 | 318.02 | 253.14 | 0.08 |
| Total Current Liabilities | 654.99 | 621.14 | 583.97 | 476.10 | 0.08 |
| Long Term Debt | 261.81 | 307.88 | 257.15 | 237.31 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 3.03 | 0.29 | 2.55 | 3.39 | - |
| Other Liabilities | 201.96 | 98.92 | 96.84 | 48.62 | 9.66 |
| Total Liabilities | 1,121.79 | 1,028.24 | 940.50 | 765.42 | 9.74 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 24.40 | 0.00 |
| Common Equity | -140.93 | 163.66 | 249.62 | 325.04 | 271.94 |
| Total Shareholders Equity | -140.93 | 163.66 | 249.62 | 349.44 | 271.94 |
| Accumulated Minority Interest | 8.43 | 11.75 | 10.94 | 10.45 | 0.00 |
| Total Equity | -132.51 | 175.41 | 260.56 | 359.88 | 271.94 |
| Total Liabilities & Stockholders Equity | 989.28 | 1,203.65 | 1,201.07 | 1,125.31 | 281.68 |
| Book Value Per Share | -2.60 | 3.03 | 5.21 | 9.05 | 7.57 |
| Tangible Book Value Per Share | -2.65 | 2.98 | 5.15 | 8.95 | 7.57 |
| Full-Time Employees | 1,800 | 2,100 | 2,500 | 2,500 | - |
| Price to Book Ratio | -0.14 | 1.05 | 0.97 | 1.35 | 1.31 |
| Return on Assets | -27.96 | -8.76 | -2.59 | 8.61 | - |
| Return on Equity | -2,697.94 | -50.99 | -7.36 | 19.49 | - |
| Return on Invested Capital | -253.59 | -22.34 | -3.80 | 10.32 | -0.05 |
| Quick Ratio | 1.12 | 1.41 | 1.60 | 1.80 | 18.20 |
| Current Ratio | 1.12 | 1.42 | 1.61 | 1.82 | 18.20 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Net Income | -411.01 | -308.36 | -105.53 | -18.71 | 62.65 | -0.14 |
| Depreciation | 22.39 | 23.21 | 23.30 | 30.53 | 45.70 | - |
| Other Funds (Non Cash) | 2.56 | 1.72 | -3.88 | -30.82 | -14.74 | -0.02 |
| Funds from Operations | -330.45 | -226.17 | -130.87 | -31.35 | 91.50 | -0.16 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 174.14 | 242.75 | 132.79 | 21.08 | -157.70 | -0.33 |
| Income Taxes Payable | - | - | - | - | 0.08 | - |
| Cash from Operating Activities | -156.31 | 16.58 | 1.93 | -10.26 | -66.20 | -0.50 |
| Capital Expenditures | -1.34 | -3.85 | -7.42 | -10.85 | -4.76 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 10.70 | 6.55 | 6.51 | 15.81 | 10.06 | 0.00 |
| Purchase or Sale of Investments | 0.64 | 0.42 | 0.31 | 0.06 | 1.26 | -280.14 |
| Purchase of Investments | -0.92 | -0.92 | -0.09 | 0.00 | 0.00 | -280.14 |
| Sale Or Maturity of Investments | 1.55 | 1.34 | 0.40 | 0.06 | 1.26 | 0.00 |
| Other Uses | 0.00 | 0.00 | -0.25 | -0.54 | -1.00 | 0.00 |
| Other Sources | 0.27 | 0.27 | 4.07 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 10.26 | 3.39 | 3.23 | 4.49 | 5.56 | -280.14 |
| Cash Dividends Paid | -2.02 | -1.81 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 17.09 | 0.00 | 5.73 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 17.09 | 0.00 | 5.73 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 17.09 | 0.00 | 5.73 |
| Issuance or Reduction of Debt, Net | -79.29 | -52.36 | 17.38 | -18.86 | 24.19 | 0.00 |
| Change in Long Term Debt | -27.45 | -52.36 | -60.96 | -10.40 | 66.84 | 0.00 |
| Issuance of Long Term Debt | -0.00 | 0.00 | 39.52 | 7.43 | 75.00 | 0.00 |
| Reduction of Long Term Debt | -27.45 | -52.36 | -100.48 | -17.84 | -8.16 | 0.00 |
| Net Financing Active Other Cash Flow | 209.80 | 14.02 | 1.40 | -0.82 | -4.05 | 276.00 |
| Other Financing Activities Uses | -0.03 | -0.12 | -0.45 | -0.82 | -4.06 | 0.00 |
| Cash from Financing Activities | 128.48 | -40.15 | 18.78 | -2.59 | 20.14 | 281.74 |
| Exchange Rate Effect | -0.01 | 0.09 | -0.20 | 0.20 | 1.25 | - |
| Net Change in Cash | -17.57 | -20.09 | 23.74 | -8.17 | -39.25 | 1.10 |
| Free Cash Flow | -157.65 | 12.73 | -5.49 | -21.11 | -70.97 | -0.50 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | - | 16.42 | - | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | 57.26 | -44.75 | -12.34 | -2.10 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 45.72 | 31.95 | 67.47 | 57.34 | 63.30 | 81.12 |
| Short Term Receivables | 474.08 | 619.83 | 636.17 | 784.16 | 774.18 | 776.98 |
| Inventories | 0.00 | 0.00 | 2.60 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 26.77 | 26.77 | 27.73 | 28.18 | 29.70 | 26.86 |
| Total Current Assets | 546.58 | 678.54 | 733.97 | 869.68 | 867.18 | 884.95 |
| Net Property, Plant & Equipment | 102.86 | 111.25 | 117.83 | 122.09 | 118.57 | 123.21 |
| Total Investments and Advances | 131.54 | 135.42 | 134.61 | 139.75 | 137.71 | 134.45 |
| Intangible Assets | 2.71 | 2.71 | 2.71 | 2.71 | 2.71 | 2.71 |
| Deferred Tax Assets | 1.05 | 0.01 | 0.00 | 0.14 | 57.40 | 56.06 |
| Other Assets | 0.00 | 0.16 | 0.00 | 1.70 | 1.70 | 1.54 |
| Total Assets | 784.73 | 928.08 | 989.28 | 1,136.07 | 1,185.27 | 1,202.93 |
| Short Term Debt Incl. Current Port. of LT Debt | 63.98 | 62.83 | 60.54 | 57.63 | 54.78 | 54.48 |
| Accounts Payable | 109.19 | 160.22 | 261.89 | 269.31 | 255.48 | 240.23 |
| Other Current Liabilities | 255.85 | 304.36 | 332.55 | 345.02 | 326.40 | 343.58 |
| Total Current Liabilities | 429.02 | 527.41 | 654.99 | 671.96 | 636.66 | 638.29 |
| Long Term Debt | 204.02 | 231.31 | 261.81 | 274.74 | 281.16 | 292.86 |
| Provision for Risks Charges | 2.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | 2.98 | 3.03 | 3.07 | 3.14 | 0.29 |
| Other Liabilities | 397.57 | 327.01 | 201.96 | 98.86 | 98.84 | 98.83 |
| Total Liabilities | 1,032.92 | 1,088.72 | 1,121.79 | 1,048.63 | 1,019.80 | 1,030.27 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | -253.53 | -168.94 | -140.93 | 74.98 | 151.12 | 159.13 |
| Total Shareholders Equity | -253.53 | -168.94 | -140.93 | 74.98 | 151.12 | 159.13 |
| Accumulated Minority Interest | 5.35 | 8.30 | 8.43 | 12.46 | 14.35 | 13.53 |
| Total Equity | -248.18 | -160.64 | -132.51 | 87.44 | 165.47 | 172.66 |
| Total Liabilities & Stockholders Equity | 784.73 | 928.08 | 989.28 | 1,136.07 | 1,185.27 | 1,202.93 |
| Book Value Per Share | -4.66 | -3.12 | -2.60 | 1.39 | 2.79 | 2.95 |
| Tangible Book Value Per Share | -4.71 | -3.17 | -2.65 | 1.34 | 2.74 | 2.90 |
| Full-Time Employees | - | - | 1,800 | - | - | - |
| Price to Book Ratio | -0.14 | -0.42 | 2.40 | 1.54 | 1.42 | 0.99 |
| Return on Assets | -41.05 | -31.00 | -27.96 | -8.12 | -6.02 | -9.01 |
| Return on Equity | - | - | -2,697.94 | -84.16 | -41.62 | -53.62 |
| Return on Invested Capital | - | -45.46 | -179.03 | -21.52 | -2.38 | -1.01 |
| Quick Ratio | 1.27 | 1.29 | 1.12 | 1.29 | 1.36 | 1.39 |
| Current Ratio | 1.27 | 1.29 | 1.12 | 1.29 | 1.36 | 1.39 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -87.15 | -28.18 | -218.70 | -76.98 | -9.89 | -2.79 |
| Depreciation | 5.44 | 5.64 | 5.68 | 5.63 | 5.38 | 6.53 |
| Other Funds (Non Cash) | 1.16 | -1.77 | 10.56 | -7.38 | 1.82 | -3.28 |
| Funds from Operations | -82.25 | -24.31 | -202.42 | -21.47 | -1.22 | -1.07 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 44.23 | -109.55 | 212.10 | 27.37 | -4.22 | 7.50 |
| Cash from Operating Activities | -38.02 | -133.87 | 9.69 | 5.90 | -5.43 | 6.43 |
| Capital Expenditures | -0.36 | -0.03 | -0.40 | -0.56 | -1.09 | -1.80 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 6.64 | 0.95 | 0.28 | 2.82 | 0.57 | 2.88 |
| Purchase or Sale of Investments | 0.02 | 0.39 | 0.15 | 0.08 | 0.16 | 0.03 |
| Purchase of Investments | 0.00 | 0.00 | -0.73 | -0.18 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.02 | 0.39 | 0.88 | 0.26 | 0.16 | 0.03 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 6.31 | 1.32 | 0.30 | 2.33 | -0.36 | 1.12 |
| Cash Dividends Paid | 0.00 | -0.22 | -1.81 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -25.01 | -27.90 | -12.22 | -14.16 | -12.10 | -13.88 |
| Change in Long Term Debt | -0.55 | -0.53 | -12.22 | -14.16 | -25.68 | -0.30 |
| Issuance of Long Term Debt | -0.01 | 0.01 | 0.00 | -0.00 | -0.01 | 0.01 |
| Reduction of Long Term Debt | -0.54 | -0.53 | -12.22 | -14.16 | -25.67 | -0.32 |
| Net Financing Active Other Cash Flow | 70.56 | 125.11 | 14.14 | 0.00 | -0.01 | -0.11 |
| Other Financing Activities Uses | 0.00 | -0.03 | 0.00 | 0.00 | -0.01 | -0.11 |
| Cash from Financing Activities | 45.55 | 96.99 | 0.11 | -14.16 | -12.11 | -13.99 |
| Exchange Rate Effect | -0.06 | 0.04 | 0.02 | -0.02 | 0.08 | -0.00 |
| Net Change in Cash | 13.77 | -35.52 | 10.12 | -5.95 | -17.82 | -6.45 |
| Free Cash Flow | -38.38 | -133.89 | 9.29 | 5.34 | -6.52 | 4.63 |
| Price to Free Cash Flow | - | - | 16.44 | - | - | 13.26 |
Revenue breakdown
| United States | 2024: 980.18M 2025: 772.17M |
|---|---|
| Civil | 2024: 323.29M 2025: 342.33M |
| Transportation | 2024: 656.89M 2025: 429.84M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 1.96% | 0.3M | 14.4M | 4.26M |
| 2026-10-15 | 2.55% | 0.4M | 14.4M | 7.81M |
| 2026-09-30 | 14.78% | 2.1M | 14.4M | 7.79M |
| 2026-09-15 | 3.54% | 0.5M | 14.4M | 3.88M |
| 2026-08-31 | 4.34% | 0.6M | 14.2M | 3.81M |
| 2026-08-14 | 4.39% | 0.6M | 14.2M | 3.86M |
| 2026-07-31 | 5.40% | 0.8M | 14.2M | 3.81M |
| 2026-07-15 | 1.56% | 0.2M | 14.2M | 143.25K |
| 2026-06-30 | 2.50% | 0.4M | 14.2M | 165.51K |
| 2026-06-15 | 4.08% | 0.6M | 14.3M | 408.57K |
| 2026-05-29 | 4.25% | 0.6M | 14.4M | 426.79K |
| 2026-05-15 | 4.68% | 0.7M | 14.4M | 429.41K |
| 2026-04-30 | 4.86% | 0.7M | 14.4M | 436.09K |
| 2026-04-15 | 5.44% | 0.7M | 12.5M | 456.79K |
| 2026-03-31 | 8.65% | 1.1M | 12.6M | 443.08K |
| 2026-03-13 | 2.99% | 0.4M | 12.6M | 105.91K |
| 2026-02-27 | 3.80% | 0.5M | 12.6M | 88.37K |
| 2026-02-13 | 3.28% | 0.4M | 12.6M | 83.13K |
| 2026-01-30 | 2.14% | 0.3M | 12.6M | 74.79K |
| 2026-01-15 | 1.98% | 0.2M | 12.6M | 52.92K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-06 | 8-K | Current report | 2026-09-30 | SEC |
| 2026-09-25 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-08-27 | 8-K | Current report | 2026-08-26 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-14 | SEC |
| 2026-08-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-15 | SEC |
| 2026-08-13 | 8-K | Current report | 2026-08-13 | SEC |
| 2026-08-12 | 8-K | Current report | 2026-08-12 | SEC |
| 2026-08-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-06-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-25 | SEC |
| 2026-06-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-25 | SEC |
| 2026-06-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-25 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-13 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-13 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-13 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-13 | SEC |
| 2026-06-16 | 8-K | Current report | 2026-06-10 | SEC |
| 2026-05-12 | 8-K | Current report | 2026-05-12 | SEC |
| 2026-05-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-23 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-23 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-23 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-10 | SEC |
| 2026-04-09 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-07 | SEC |
| 2026-04-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-31 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 42.89K | 1 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| GENDELL JEFFREY L | 4.28% |
| Palogic Value Management, L.P. | 2.52% |
| RAYMOND JAMES FINANCIAL INC | 1.26% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.05% |
| Advisory Services Network, LLC | 0.45% |
| GSA CAPITAL PARTNERS LLP | 0.42% |
| Focus Partners Wealth | 0.34% |
| AQR CAPITAL MANAGEMENT LLC | 0.33% |
| JANE STREET GROUP, LLC | 0.28% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.25% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 0.57% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.29% |
| Fidelity Small Cap Index Fund | 0.23% |
| VANGUARD INSTITUTIONAL TOTAL STOCK MARKET INDEX FUND | 0.20% |
| Ultra-Small Company Market Fund | 0.16% |
| Schwab U.S. Small-Cap ETF | 0.13% |
| Fidelity Extended Market Index Fund | 0.12% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.12% |
| iShares Micro-Cap ETF | 0.11% |
| Schwab Small-Cap Index Fund | 0.06% |
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