Stabilis Solutions Financials

SLNG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Stabilis Solutions (SLNG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 46/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Stabilis Solutions's revenue grew a modest 0.2% year-over-year to $73.3M. This slow but positive growth earns a score of 29/100.

Leverage

100

Stabilis Solutions carries a low D/E ratio of 0.10, meaning only $0.10 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Stabilis Solutions's current ratio of 1.50 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Stabilis Solutions has a free cash flow margin of 6.2%, earning a moderate score of 31/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Stabilis Solutions generates a 6.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is up from 0.2% the prior year.

Piotroski F-Score Strong

7/9

Stabilis Solutions passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.98x

For every $1 of reported earnings, Stabilis Solutions generates $2.98 in operating cash flow ($13.7M OCF vs $4.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Revenue

$73.3M

YoY+0.2%

5Y CAGR+9.3%

10Y CAGR+2.5%

Stabilis Solutions generated $73.3M in revenue in fiscal year 2024. This represents an increase of 0.2% from the prior year.

EBITDA

N/A

Free Cash Flow

$4.5M

YoY+228.4%

5Y CAGR+17.9%

Stabilis Solutions generated $4.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 228.4% from the prior year.

Net Income

$4.6M

YoY+3579.2%

Stabilis Solutions reported $4.6M in net income in fiscal year 2024. This represents an increase of 3579.2% from the prior year.

EPS (Diluted)

$0.25

YoY+2400.0%

Stabilis Solutions earned $0.25 per diluted share (EPS) in fiscal year 2024. This represents an increase of 2400.0% from the prior year.

Cash & Debt

$9.0M

YoY+67.2%

5Y CAGR+17.7%

10Y CAGR+9.7%

Stabilis Solutions held $9.0M in cash against $6.8M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

19M

YoY+0.1%

5Y CAGR+2.0%

10Y CAGR+8.5%

Stabilis Solutions had 19M shares outstanding in fiscal year 2024. This represents an increase of 0.1% from the prior year.

Gross Margin

29.0%

YoY+4.1pp

10Y CAGR+20.2pp

Stabilis Solutions's gross margin was 29.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 4.1 percentage points from the prior year.

Operating Margin

N/A

Net Margin

6.3%

YoY+6.1pp

5Y CAGR+18.4pp

10Y CAGR+14.5pp

Stabilis Solutions's net profit margin was 6.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 6.1 percentage points from the prior year.

Return on Equity

6.9%

YoY+6.7pp

Stabilis Solutions's ROE was 6.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 6.7 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$9.1M

YoY-10.8%

5Y CAGR+34.0%

10Y CAGR+6.5%

Stabilis Solutions invested $9.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 10.8% from the prior year.

SLNG Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$73.3M+0.2%	$73.1M-26.0%	$98.8M+42.9%	$69.2M+66.5%	$41.5M-11.7%	$47.1M
Cost of Revenue	$52.1M-5.2%	$54.9M-29.3%	$77.7M+40.7%	$55.2M	N/A	N/A
Gross Profit	$21.2M+16.6%	$18.2M-13.9%	$21.1M+51.4%	$14.0M	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$11.8M-8.8%	$12.9M-2.3%	$13.2M-4.4%	$13.8M+28.1%	$10.8M-5.2%	$11.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$300K-41.1%	$509K-33.9%	$770K-14.5%	$901K+115.6%	$418K-22.2%	$537K
Income Tax	$485K+98.8%	$244K-7.9%	$265K-45.6%	$487K+90.2%	$256K+120.7%	$116K
Net Income	$4.6M+3579.2%	$125K+103.9%	-$3.2M+59.1%	-$7.8M-15.4%	-$6.8M-18.2%	-$5.7M
EPS (Diluted)	$0.25+2400.0%	$0.01+105.9%	$-0.17+62.2%	$-0.45-12.5%	$-0.40	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$20.3M+17.4%	$17.3M-0.2%	$17.3M+0.2%	$17.3M-7.0%	$18.6M-5.9%	$19.8M+9.5%	$18.0M+17.8%	$15.3M
Cost of Revenue	$14.7M+15.7%	$12.7M-0.5%	$12.8M+3.4%	$12.4M-8.7%	$13.6M+0.3%	$13.5M+12.5%	$12.0M-0.4%	$12.1M
Gross Profit	$5.6M+22.2%	$4.6M+0.8%	$4.5M-7.7%	$4.9M-2.3%	$5.0M-19.3%	$6.3M+3.6%	$6.0M+85.3%	$3.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.8M-11.1%	$3.1M-36.5%	$4.9M+154.1%	$1.9M-41.7%	$3.3M-3.6%	$3.5M-0.4%	$3.5M+15.6%	$3.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$100K0.0%	$100K0.0%	$100K	$0-100.0%	$100K0.0%	$100K	N/A	$100K
Income Tax	$1K-99.5%	$197K+323.9%	-$88K-187.1%	$101K-76.2%	$425K+418.3%	$82K+310.0%	$20K-64.9%	$57K
Net Income	$1.1M+282.5%	-$613K+61.6%	-$1.6M-175.9%	$2.1M+7700.0%	$27K-98.2%	$1.5M+3.3%	$1.4M+787.0%	-$207K
EPS (Diluted)	$0.06+300.0%	$-0.03+66.7%	$-0.09-175.0%	$0.12	$0.00-100.0%	$0.080.0%	$0.08+900.0%	$-0.01

SLNG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$85.6M+5.3%	$81.3M-15.8%	$96.6M+10.6%	$87.3M+8.7%	$80.3M-11.1%	$90.3M
Current Assets	$17.5M+16.7%	$15.0M-53.5%	$32.2M+107.4%	$15.5M+43.7%	$10.8M-21.2%	$13.7M
Cash & Equivalents	$9.0M+67.2%	$5.4M-53.1%	$11.5M+1158.4%	$910K-49.8%	$1.8M-54.4%	$4.0M
Inventory	$345K+104.1%	$169K-17.6%	$205K-20.5%	$258K+14.2%	$226K+8.1%	$209K
Accounts Receivable	$6.2M-19.5%	$7.8M-52.5%	$16.3M+73.7%	$9.4M+58.7%	$5.9M-0.4%	$5.9M
Goodwill	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M-3.1%	$4.5M0.0%	$4.5M
Total Liabilities	$18.6M-4.7%	$19.5M-46.9%	$36.7M+39.7%	$26.3M+43.7%	$18.3M-18.7%	$22.5M
Current Liabilities	$11.6M-0.8%	$11.7M-57.4%	$27.5M+76.2%	$15.6M+9.8%	$14.2M-5.8%	$15.1M
Long-Term Debt	$6.8M-11.6%	$7.7M-10.4%	$8.7M+13.7%	$7.6M+1015.5%	$682K	$0
Total Equity	$67.0M+8.4%	$61.8M+3.2%	$59.9M-2.0%	$61.1M-1.6%	$62.0M-8.6%	$67.8M
Retained Earnings	-$35.6M+11.4%	-$40.2M+0.3%	-$40.4M-8.6%	-$37.2M-26.5%	-$29.4M-29.9%	-$22.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$87.1M+4.7%	$83.2M+0.2%	$83.1M-2.9%	$85.6M+3.6%	$82.6M+2.4%	$80.6M-0.8%	$81.3M+0.3%	$81.1M
Current Assets	$19.4M+8.7%	$17.8M+15.6%	$15.4M-11.7%	$17.5M-7.5%	$18.9M+22.0%	$15.5M+3.4%	$15.0M+2.8%	$14.6M
Cash & Equivalents	$10.3M-15.7%	$12.2M+35.7%	$9.0M+0.2%	$9.0M-21.7%	$11.5M+38.6%	$8.3M+54.2%	$5.4M+9.4%	$4.9M
Inventory	$244K+35.6%	$180K-21.1%	$228K-33.9%	$345K+122.6%	$155K+13.1%	$137K-18.9%	$169K+32.0%	$128K
Accounts Receivable	$6.9M+56.9%	$4.4M-6.3%	$4.7M-24.8%	$6.2M+5.2%	$5.9M+5.6%	$5.6M-27.5%	$7.8M+26.4%	$6.1M
Goodwill	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M
Total Liabilities	$20.4M+15.1%	$17.8M+3.6%	$17.1M-7.7%	$18.6M-1.7%	$18.9M+8.2%	$17.5M-10.4%	$19.5M-9.5%	$21.5M
Current Liabilities	$13.6M+20.3%	$11.3M+9.5%	$10.4M-10.9%	$11.6M+0.9%	$11.5M+15.1%	$10.0M-14.6%	$11.7M-12.7%	$13.4M
Long-Term Debt	$6.0M-4.5%	$6.3M-4.3%	$6.6M-3.3%	$6.8M-7.2%	$7.4M-0.9%	$7.4M-3.9%	$7.7M-3.8%	$8.0M
Total Equity	$66.7M+1.9%	$65.5M-0.7%	$65.9M-1.6%	$67.0M+5.2%	$63.7M+0.8%	$63.2M+2.2%	$61.8M+3.8%	$59.6M
Retained Earnings	-$36.7M+3.0%	-$37.9M-1.6%	-$37.2M-4.5%	-$35.6M+8.0%	-$38.8M+0.1%	-$38.8M+3.7%	-$40.2M+3.4%	-$41.7M

SLNG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$13.7M+104.0%	$6.7M-54.3%	$14.7M+242.0%	$4.3M+221.6%	$1.3M-67.5%	$4.1M
Capital Expenditures	$9.1M-10.8%	$10.3M+160.7%	$3.9M-48.4%	$7.6M+892.8%	$768K-63.7%	$2.1M
Free Cash Flow	$4.5M+228.4%	-$3.5M-132.9%	$10.8M+423.5%	-$3.3M-685.9%	$568K-71.5%	$2.0M
Investing Cash Flow	-$8.1M+8.9%	-$8.9M-364.8%	-$1.9M+74.5%	-$7.5M-2837.5%	-$256K+92.1%	-$3.2M
Financing Cash Flow	-$1.9M+50.7%	-$3.9M-72.4%	-$2.3M-174.8%	$3.0M+194.1%	-$3.2M-265.1%	$1.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$2.4M-47.0%	$4.5M+340.5%	$1.0M-52.8%	$2.2M-56.9%	$5.0M+28.2%	$3.9M+195.0%	$1.3M-9.9%	$1.5M
Capital Expenditures	$3.9M+510.6%	$635K+30.4%	$487K-91.3%	$5.6M+305.9%	$1.4M+57.6%	$873K-31.3%	$1.3M-66.3%	$3.8M
Free Cash Flow	-$1.5M-138.2%	$3.9M+621.2%	$538K+115.8%	-$3.4M-193.2%	$3.7M+19.8%	$3.1M+4829.0%	$62K+102.7%	-$2.3M
Investing Cash Flow	-$3.9M-510.6%	-$635K-130.1%	-$276K+94.4%	-$4.9M-278.8%	-$1.3M-95.8%	-$666K-1025.0%	$72K+101.9%	-$3.8M
Financing Cash Flow	-$433K+36.3%	-$680K+6.8%	-$730K-16.8%	-$625K-18.1%	-$529K-49.0%	-$355K+62.3%	-$941K-4.1%	-$904K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SLNG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	29.0%+4.1pp	24.9%+3.5pp	21.4%+1.2pp	20.2%	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	6.3%+6.1pp	0.2%+3.4pp	-3.2%+8.0pp	-11.3%+5.0pp	-16.3%-4.1pp	-12.1%
Return on Equity	6.9%+6.7pp	0.2%	N/A	N/A	N/A	N/A
Return on Assets	5.4%+5.2pp	0.1%+3.5pp	-3.3%+5.6pp	-8.9%-0.5pp	-8.4%-2.1pp	-6.3%
Current Ratio	1.50+0.2	1.28+0.1	1.17+0.2	0.99+0.2	0.76-0.1	0.91
Debt-to-Equity	0.10-0.0	0.13-0.0	0.14+0.0	0.12+0.1	0.01+0.0	0.00
FCF Margin	6.2%+11.0pp	-4.8%-15.7pp	10.9%+15.7pp	-4.8%-6.2pp	1.4%-2.9pp	4.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	27.6%+1.1pp	26.5%+0.3pp	26.2%-2.3pp	28.5%+1.4pp	27.1%-4.5pp	31.6%-1.8pp	33.5%+12.2pp	21.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.5%+9.0pp	-3.5%+5.7pp	-9.2%-21.4pp	12.2%+12.0pp	0.1%-7.3pp	7.4%-0.4pp	7.9%+9.2pp	-1.4%
Return on Equity	1.7%	N/A	N/A	3.1%+3.1pp	0.0%-2.3pp	2.3%+0.0pp	2.3%	N/A
Return on Assets	1.3%+2.0pp	-0.7%+1.2pp	-1.9%-4.4pp	2.5%+2.4pp	0.0%-1.8pp	1.8%+0.1pp	1.8%+2.0pp	-0.3%
Current Ratio	1.42-0.2	1.57+0.1	1.49-0.0	1.50-0.1	1.64+0.1	1.55+0.3	1.28+0.2	1.08
Debt-to-Equity	0.090.0	0.100.0	0.100.0	0.10-0.0	0.120.0	0.120.0	0.130.0	0.14
FCF Margin	-7.3%-29.7pp	22.4%+19.3pp	3.1%+22.8pp	-19.7%-39.4pp	19.7%+4.2pp	15.5%+15.1pp	0.3%+15.3pp	-15.0%

Similar Companies

Vivakor VIVK

$6.4M

Crown LNG Holdings Limited CGBS

$31.9M

Sky Quarry Inc SKYQ

$8.5M

Natl Fuel Gas Co NFG

$8.3B

Frequently Asked Questions

What is Stabilis Solutions's annual revenue?

Stabilis Solutions (SLNG) reported $73.3M in total revenue for fiscal year 2024. This represents a 0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Stabilis Solutions's revenue growing?

Stabilis Solutions (SLNG) revenue grew by 0.2% year-over-year, from $73.1M to $73.3M in fiscal year 2024.

Is Stabilis Solutions profitable?

Yes, Stabilis Solutions (SLNG) reported a net income of $4.6M in fiscal year 2024, with a net profit margin of 6.3%.

What is Stabilis Solutions's earnings per share (EPS)?

Stabilis Solutions (SLNG) reported diluted earnings per share of $0.25 for fiscal year 2024. This represents a 2400.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Stabilis Solutions have?

As of fiscal year 2024, Stabilis Solutions (SLNG) had $9.0M in cash and equivalents against $6.8M in long-term debt.

What is Stabilis Solutions's gross margin?

Stabilis Solutions (SLNG) had a gross margin of 29.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Stabilis Solutions's net profit margin?

Stabilis Solutions (SLNG) had a net profit margin of 6.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Stabilis Solutions's return on equity (ROE)?

Stabilis Solutions (SLNG) has a return on equity of 6.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Stabilis Solutions's free cash flow?

Stabilis Solutions (SLNG) generated $4.5M in free cash flow during fiscal year 2024. This represents a 228.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Stabilis Solutions's operating cash flow?

Stabilis Solutions (SLNG) generated $13.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Stabilis Solutions's total assets?

Stabilis Solutions (SLNG) had $85.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Stabilis Solutions's capital expenditures?

Stabilis Solutions (SLNG) invested $9.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Stabilis Solutions have outstanding?

Stabilis Solutions (SLNG) had 19M shares outstanding as of fiscal year 2024.

What is Stabilis Solutions's current ratio?

Stabilis Solutions (SLNG) had a current ratio of 1.50 as of fiscal year 2024, which is generally considered healthy.

What is Stabilis Solutions's debt-to-equity ratio?

Stabilis Solutions (SLNG) had a debt-to-equity ratio of 0.10 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Stabilis Solutions's return on assets (ROA)?

Stabilis Solutions (SLNG) had a return on assets of 5.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Stabilis Solutions's Piotroski F-Score?

Stabilis Solutions (SLNG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Stabilis Solutions's earnings high quality?

Stabilis Solutions (SLNG) has an earnings quality ratio of 2.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Stabilis Solutions?

Stabilis Solutions (SLNG) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.