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Side-by-side financial comparison of Southland Holdings, Inc. (SLND) and FIRST FINANCIAL CORP (THFF). Click either name above to swap in a different company.

Southland Holdings, Inc. is the larger business by last-quarter revenue ($104.0M vs $70.5M, roughly 1.5× FIRST FINANCIAL CORP). FIRST FINANCIAL CORP runs the higher net margin — 30.4% vs -208.2%, a 238.6% gap on every dollar of revenue. On growth, FIRST FINANCIAL CORP posted the faster year-over-year revenue change (14.1% vs -61.1%). FIRST FINANCIAL CORP produced more free cash flow last quarter ($86.4M vs $9.3M). Over the past eight quarters, FIRST FINANCIAL CORP's revenue compounded faster (20.8% CAGR vs -39.9%).

Southland Holdings, Inc. is a leading North American infrastructure construction firm. It offers full-suite services for transportation projects including highways, bridges and airports, water and wastewater system construction, and commercial site development, serving both public sector and private industry clients across regional core markets.

First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.

SLND vs THFF — Head-to-Head

Bigger by revenue
SLND
SLND
1.5× larger
SLND
$104.0M
$70.5M
THFF
Growing faster (revenue YoY)
THFF
THFF
+75.2% gap
THFF
14.1%
-61.1%
SLND
Higher net margin
THFF
THFF
238.6% more per $
THFF
30.4%
-208.2%
SLND
More free cash flow
THFF
THFF
$77.1M more FCF
THFF
$86.4M
$9.3M
SLND
Faster 2-yr revenue CAGR
THFF
THFF
Annualised
THFF
20.8%
-39.9%
SLND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLND
SLND
THFF
THFF
Revenue
$104.0M
$70.5M
Net Profit
$-216.4M
$21.5M
Gross Margin
-186.0%
Operating Margin
-202.4%
37.4%
Net Margin
-208.2%
30.4%
Revenue YoY
-61.1%
14.1%
Net Profit YoY
-5108.5%
32.1%
EPS (diluted)
$-4.01
$1.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLND
SLND
THFF
THFF
Q4 25
$104.0M
$70.5M
Q3 25
$213.3M
$65.8M
Q2 25
$215.4M
$63.1M
Q1 25
$239.5M
$62.5M
Q4 24
$267.3M
$61.8M
Q3 24
$173.3M
$58.4M
Q2 24
$251.5M
$49.2M
Q1 24
$288.1M
$48.4M
Net Profit
SLND
SLND
THFF
THFF
Q4 25
$-216.4M
$21.5M
Q3 25
$-75.3M
$20.8M
Q2 25
$-10.3M
$18.6M
Q1 25
$-4.6M
$18.4M
Q4 24
$-4.2M
$16.2M
Q3 24
$-54.7M
$8.7M
Q2 24
$-46.1M
$11.4M
Q1 24
$-406.0K
$10.9M
Gross Margin
SLND
SLND
THFF
THFF
Q4 25
-186.0%
Q3 25
1.5%
Q2 25
6.2%
Q1 25
9.0%
Q4 24
2.9%
Q3 24
-29.5%
Q2 24
-15.9%
Q1 24
7.1%
Operating Margin
SLND
SLND
THFF
THFF
Q4 25
-202.4%
37.4%
Q3 25
-5.3%
39.2%
Q2 25
-0.1%
36.2%
Q1 25
2.1%
38.1%
Q4 24
-3.0%
32.4%
Q3 24
-39.6%
17.9%
Q2 24
-22.1%
27.6%
Q1 24
2.1%
27.2%
Net Margin
SLND
SLND
THFF
THFF
Q4 25
-208.2%
30.4%
Q3 25
-35.3%
31.6%
Q2 25
-4.8%
29.5%
Q1 25
-1.9%
29.5%
Q4 24
-1.6%
26.3%
Q3 24
-31.6%
15.0%
Q2 24
-18.3%
23.1%
Q1 24
-0.1%
22.6%
EPS (diluted)
SLND
SLND
THFF
THFF
Q4 25
$-4.01
$1.81
Q3 25
$-1.39
$1.75
Q2 25
$-0.19
$1.57
Q1 25
$-0.08
$1.55
Q4 24
$-0.08
$1.37
Q3 24
$-1.14
$0.74
Q2 24
$-0.96
$0.96
Q1 24
$-0.01
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLND
SLND
THFF
THFF
Cash + ST InvestmentsLiquidity on hand
$52.7M
Total DebtLower is stronger
$257.7M
$188.2M
Stockholders' EquityBook value
$-140.9M
$650.9M
Total Assets
$989.3M
$5.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLND
SLND
THFF
THFF
Q4 25
$52.7M
Q3 25
$40.5M
Q2 25
$46.5M
Q1 25
$65.1M
Q4 24
$72.2M
Q3 24
$91.4M
Q2 24
$52.4M
Q1 24
$31.2M
Total Debt
SLND
SLND
THFF
THFF
Q4 25
$257.7M
$188.2M
Q3 25
$267.8M
$170.5M
Q2 25
$278.6M
$122.7M
Q1 25
$288.1M
$124.9M
Q4 24
$300.1M
$28.1M
Q3 24
$318.3M
$30.5M
Q2 24
$307.8M
$108.6M
Q1 24
$302.0M
$58.6M
Stockholders' Equity
SLND
SLND
THFF
THFF
Q4 25
$-140.9M
$650.9M
Q3 25
$75.0M
$622.2M
Q2 25
$151.1M
$587.7M
Q1 25
$159.1M
$571.9M
Q4 24
$163.7M
$549.0M
Q3 24
$149.1M
$566.0M
Q2 24
$203.3M
$530.7M
Q1 24
$249.3M
$520.8M
Total Assets
SLND
SLND
THFF
THFF
Q4 25
$989.3M
$5.8B
Q3 25
$1.1B
$5.7B
Q2 25
$1.2B
$5.6B
Q1 25
$1.2B
$5.5B
Q4 24
$1.2B
$5.6B
Q3 24
$1.2B
$5.5B
Q2 24
$1.3B
$4.9B
Q1 24
$1.2B
$4.9B
Debt / Equity
SLND
SLND
THFF
THFF
Q4 25
0.29×
Q3 25
3.57×
0.27×
Q2 25
1.84×
0.21×
Q1 25
1.81×
0.22×
Q4 24
1.83×
0.05×
Q3 24
2.14×
0.05×
Q2 24
1.51×
0.20×
Q1 24
1.21×
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLND
SLND
THFF
THFF
Operating Cash FlowLast quarter
$9.7M
$90.4M
Free Cash FlowOCF − Capex
$9.3M
$86.4M
FCF MarginFCF / Revenue
8.9%
122.5%
Capex IntensityCapex / Revenue
0.4%
5.6%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$12.7M
$144.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLND
SLND
THFF
THFF
Q4 25
$9.7M
$90.4M
Q3 25
$5.9M
$26.9M
Q2 25
$-5.4M
$12.7M
Q1 25
$6.4M
$21.1M
Q4 24
$-10.3M
$60.4M
Q3 24
$-5.3M
$23.3M
Q2 24
$27.4M
$8.8M
Q1 24
$-9.9M
$12.4M
Free Cash Flow
SLND
SLND
THFF
THFF
Q4 25
$9.3M
$86.4M
Q3 25
$5.3M
$25.8M
Q2 25
$-6.5M
$11.6M
Q1 25
$4.6M
$20.5M
Q4 24
$-11.5M
$54.3M
Q3 24
$-7.3M
$19.5M
Q2 24
$26.3M
$8.4M
Q1 24
$-13.0M
$11.5M
FCF Margin
SLND
SLND
THFF
THFF
Q4 25
8.9%
122.5%
Q3 25
2.5%
39.2%
Q2 25
-3.0%
18.4%
Q1 25
1.9%
32.8%
Q4 24
-4.3%
87.8%
Q3 24
-4.2%
33.5%
Q2 24
10.5%
17.2%
Q1 24
-4.5%
23.7%
Capex Intensity
SLND
SLND
THFF
THFF
Q4 25
0.4%
5.6%
Q3 25
0.3%
1.7%
Q2 25
0.5%
1.8%
Q1 25
0.7%
0.9%
Q4 24
0.5%
9.9%
Q3 24
1.1%
6.5%
Q2 24
0.4%
0.7%
Q1 24
1.1%
2.0%
Cash Conversion
SLND
SLND
THFF
THFF
Q4 25
4.21×
Q3 25
1.29×
Q2 25
0.68×
Q1 25
1.14×
Q4 24
3.72×
Q3 24
2.67×
Q2 24
0.77×
Q1 24
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SLND
SLND

Civil$58.4M56%
Transportation$45.6M44%

THFF
THFF

Segment breakdown not available.

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