Southland Holdings (SLND) Change in Receivables (2022 - 2025)

Southland Holdings (SLND) posted quarterly Change in Receivables of -$11.0 million for Q2 2025, down 133.59% year-over-year from $32.6 million in Q2 2024, and down 27.86% quarter-over-quarter from -$8.6 million in Q1 2025.

Southland Holdings (SLND) Change in Receivables (2022 - 2025) Analysis & Trends

Southland Holdings (SLND) has reported Change in Receivables for 4 consecutive years, with -$11.0 million the latest figure, recorded in Q2 2025.

  • In Q2 2025, Change in Receivables fell 133.59% year-over-year to -$11.0 million; the TTM figure through Jun 2025 stood at -$94.1 million (down 256.71% YoY), while the FY2025 annual figure was -$23.1 million, down 132.47% from the prior year.
  • Change in Receivables eased to -$11.0 million in Q2 2025 per SLND's latest filing, from -$8.6 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $49.3 million in Q1 2023 and bottomed at -$66.9 million in Q3 2024.
  • Historically, Change in Receivables has averaged $2.7 million across 4 years, with a median of -$712000.0 in 2022.
  • On a YoY basis, Change in Receivables climbed as much as 656.23% in 2024 and fell as far as 521.03% in 2024.
  • Southland Holdings' Change in Receivables stood at -$5.7 million in 2022, then slumped by 257.45% to -$20.5 million in 2023, then surged by 62.3% to -$7.7 million in 2024, then plunged by 41.71% to -$11.0 million in 2025.
  • Business Quant data shows SLND's Change in Receivables at -$11.0 million in Q2 2025, -$8.6 million in Q1 2025, and -$7.7 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 381.26 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 418.40 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn -
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 148.43 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn -
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 120.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 668.70 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 66.79 Mn
10 Southland Holdings 31.98 Mn 8.33 Mn -4.76 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 -10.95 Mn
Jun 30, 2025 -10.95 Mn
Mar 31, 2025 -8.57 Mn
Mar 31, 2025 -8.57 Mn
Dec 31, 2024 -7.73 Mn
Dec 31, 2024 -7.73 Mn
Sep 30, 2024 -66.87 Mn
Sep 30, 2024 -66.87 Mn
Jun 30, 2024 32.60 Mn
Jun 30, 2024 32.60 Mn
Mar 31, 2024 32.07 Mn
Mar 31, 2024 32.07 Mn
Dec 31, 2023 -20.50 Mn
Dec 31, 2023 -20.50 Mn
Sep 30, 2023 15.88 Mn
Sep 30, 2023 15.88 Mn
Jun 30, 2023 4.31 Mn
Jun 30, 2023 4.31 Mn
Mar 31, 2023 49.28 Mn
Mar 31, 2023 49.28 Mn