Shimmick (SHIM)


Market Price (11/6/2026): $2.3 | Market Cap: $95.1 MilSector: Industrials | Industry: Construction & Engineering

Shimmick (SHIM)


Market Price (11/6/2026): $2.3
Market Cap: $95.1 Mil
Sector: Industrials
Industry: Construction & Engineering

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%

Megatrend and thematic drivers
Megatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more.

Weak multi-year price returns
2Y Excs Rtn is -21%, 3Y Excs Rtn is -148%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.6%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 75%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -16%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -17%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -23%

Key risks
SHIM key risks include [1] a high potential for bankruptcy, Show more.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%
1 Megatrend and thematic drivers
Megatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -21%, 3Y Excs Rtn is -148%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.6%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 75%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -16%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -14%, Rev Chg QQuarterly Revenue Change % is -17%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -12%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -23%
8 Key risks
SHIM key risks include [1] a high potential for bankruptcy, Show more.

SHIM in ETFs

Weight = SHIM's share of each fund

VTI0.00%
IWM0.00%
IWO0.00%
VTWO0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/5/2026

Shimmick (SHIM) stock has lost about 40% since 7/31/2026 because of the following key factors:

1. Shimmick's second fiscal quarter of 2026 financial results, reported on August 10, 2026, revealed a significant revenue miss that likely contributed to the stock's decline. The company reported Q2 2026 revenue of $107 million, which fell short of analyst expectations by approximately $33 million and represented a 16.4% decrease in revenue. While Shimmick's diluted loss per common share of $(0.12) beat the consensus estimate, the substantial revenue shortfall negatively impacted investor sentiment, with shares reportedly dropping 9.3% to $4.01 following the announcement.

2. The unexpected resignation of Shimmick's Chief Executive Officer in October 2026 introduced significant uncertainty. On October 15, 2026, Shimmick announced the immediate resignation of its CEO, citing personal reasons. This unexpected leadership change was noted to introduce uncertainty and potential disruption to the company's operations and strategic direction, which often leads to investor apprehension and downward pressure on stock valuation.

Show more
Updated on 11/5/2026

Shimmick (SHIM) stock has lost about 40% since 7/31/2026 because of the following key factors:

1. Shimmick's second fiscal quarter of 2026 financial results, reported on August 10, 2026, revealed a significant revenue miss that likely contributed to the stock's decline. The company reported Q2 2026 revenue of $107 million, which fell short of analyst expectations by approximately $33 million and represented a 16.4% decrease in revenue. While Shimmick's diluted loss per common share of $(0.12) beat the consensus estimate, the substantial revenue shortfall negatively impacted investor sentiment, with shares reportedly dropping 9.3% to $4.01 following the announcement.

2. The unexpected resignation of Shimmick's Chief Executive Officer in October 2026 introduced significant uncertainty. On October 15, 2026, Shimmick announced the immediate resignation of its CEO, citing personal reasons. This unexpected leadership change was noted to introduce uncertainty and potential disruption to the company's operations and strategic direction, which often leads to investor apprehension and downward pressure on stock valuation.

3. Broader macroeconomic factors, including elevated material costs and rising interest rates, placed significant pressure on the construction sector. The construction industry, in which Shimmick operates, faced challenges from consistently high material costs, with inputs to nonresidential construction up 8.4% year-over-year through May 2026. Additionally, rising interest rates and labor shortages contributed to a complex operating environment for contractors, creating pressure on project delivery and margins throughout the third fiscal quarter of 2026.

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Stock Movement Drivers

Fundamental Drivers

The -39.4% change in SHIM stock from 7/31/2026 to 11/5/2026 was primarily driven by a -32.1% change in the company's P/S Multiple.
(LTM values as of)731202611052026Change
Stock Price ($)3.782.29-39.4%
Change Contribution By: 
Total Revenues ($ Mil)459437-4.7%
P/S Multiple0.30.2-32.1%
Shares Outstanding (Mil)3639-6.4%
Cumulative Contribution-39.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/5/2026
ReturnCorrelation
SHIM-39.4% 
Market (SPY)-1.9%24.4%
Sector (XLI)-9.7%35.9%

Fundamental Drivers

The -55.3% change in SHIM stock from 4/30/2026 to 11/5/2026 was primarily driven by a -43.6% change in the company's P/S Multiple.
(LTM values as of)430202611052026Change
Stock Price ($)5.122.29-55.3%
Change Contribution By: 
Total Revenues ($ Mil)493437-11.3%
P/S Multiple0.40.2-43.6%
Shares Outstanding (Mil)3439-10.6%
Cumulative Contribution-55.3%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/5/2026
ReturnCorrelation
SHIM-55.3% 
Market (SPY)2.3%21.5%
Sector (XLI)-6.7%25.7%

Fundamental Drivers

The -1.7% change in SHIM stock from 10/31/2025 to 11/5/2026 was primarily driven by a -16.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)1031202511052026Change
Stock Price ($)2.332.29-1.7%
Change Contribution By: 
Total Revenues ($ Mil)520437-16.0%
P/S Multiple0.20.230.1%
Shares Outstanding (Mil)3539-10.1%
Cumulative Contribution-1.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/5/2026
ReturnCorrelation
SHIM-1.7% 
Market (SPY)8.4%26.2%
Sector (XLI)5.7%25.6%

Fundamental Drivers

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Market Drivers

10/31/2023 to 11/5/2026
ReturnCorrelation
SHIM  
Market (SPY)81.3%12.3%
Sector (XLI)71.8%14.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SHIM Return--3%-61%13%-22%-64%
Peers Return19%-13%66%92%77%-10%425%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
SHIM Win Rate--50%25%50%36% 
Peers Win Rate58%47%57%58%63%49% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
SHIM Max Drawdown----80%-55%-66% 
Peers Max Drawdown-30%-42%-37%-29%-37%-52% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: STRL, GVA, TPC, ORN, MTZ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)

How Low Can It Go

EventSHIMS&P 500
2025 US Tariff Shock
  % Loss-40.4%-18.8%
  % Gain to Breakeven67.7%23.1%
  Time to Breakeven104 days79 days

Compare to STRL, GVA, TPC, ORN, MTZ

In The Past

Shimmick's stock fell -40.4% during the 2025 US Tariff Shock. Such a loss loss requires a 67.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSHIMS&P 500
2025 US Tariff Shock
  % Loss-40.4%-18.8%
  % Gain to Breakeven67.7%23.1%
  Time to Breakeven104 days79 days

Compare to STRL, GVA, TPC, ORN, MTZ

In The Past

Shimmick's stock fell -40.4% during the 2025 US Tariff Shock. Such a loss loss requires a 67.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Shimmick (SHIM)

Shimmick (SHIM) is a leading provider of critical infrastructure solutions across the United States, primarily specializing in complex water infrastructure projects. The company addresses significant market needs driven by global challenges such as climate change, which manifests as a water crisis, along with issues like aging infrastructure and drinking water contamination. This creates a substantial market opportunity, with the nominal water infrastructure market alone forecasted to exceed $60 billion annually. Shimmick leverages its long history of working on projects like the Hoover Dam and large wastewater recycling systems to tackle these complex and vital endeavors.

Shimmick's core services are divided into three main areas. Firstly, Water Treatment, where they expand, rehabilitate, and build facilities, including desalination plants, employing advanced cleantech to ensure safe drinking water and protect ecosystems. Secondly, Water Resources, encompassing the construction and improvement of dams, levees, flood control systems, and water conveyance infrastructure, vital for reliable water supply, hydroelectric power, and community protection. Lastly, they engage in Other Critical Infrastructure, such as mass transit, bridges, and military facilities, contributing to economic growth and societal connectivity. A key competitive strength is their ability to self-perform many complex projects, enabling better control over project execution, cost, and schedule. The company boasts a project backlog exceeding $1 billion, with over half dedicated to water projects.

AI Analysis | Feedback

Analogy 1: "Think of Shimmick as the 'Waste Management' for America's critical water infrastructure, building and maintaining the massive systems that provide clean water and protect communities from floods."

Analogy 2: "They're like a highly specialized AECOM, singularly focused on tackling the nation's most complex water and heavy civil infrastructure challenges."

AI Analysis | Feedback

  • Water Treatment: Shimmick provides services for expanding, rehabilitating, upgrading, building, and rebuilding water and wastewater treatment infrastructure, including desalination plants.
  • Water Resources: Shimmick builds, expands, and improves water storage and conveyance systems, dams, levees, flood control systems, pump stations, and coastal protection infrastructure.
  • Other Critical Infrastructure: Shimmick builds, retrofits, expands, rehabilitates, operates, and maintains a range of critical national infrastructure projects such as mass transit, bridges, and military facilities.

AI Analysis | Feedback

Based on the provided background information, Shimmick (SHIM) is a leading provider of water and other critical infrastructure solutions. The company's projects include complex water treatment facilities, water storage and conveyance systems, dams, levees, flood control systems, mass transit, bridges, and military infrastructure.

Given the nature of these projects, Shimmick primarily serves government entities (federal, state, and local agencies) and public utilities that are responsible for developing, maintaining, and upgrading critical infrastructure. The background information does not list specific customer companies or individuals by name.

Therefore, Shimmick sells primarily to other organizations, specifically:

  • Government agencies (federal, state, and local)
  • Public utilities (e.g., water districts, sanitation districts)

No specific customer company names or their symbols are provided in the background text.

AI Analysis | Feedback

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AI Analysis | Feedback

Ural Yal, Chief Executive Officer

Ural Yal was appointed Chief Executive Officer of Shimmick, effective December 2, 2024. He brings over 26 years of experience in water and critical infrastructure construction. Before joining Shimmick, Mr. Yal held various senior roles at Flatiron Construction from 2017 to 2024, most recently as Executive Vice President, where he was responsible for market expansion and the adoption of collaborative project delivery methods. His career began in engineering and progressed through operational and leadership roles, with a focus on the California market. He holds a Civil Engineering degree from Istanbul Technical University and an MBA from California State University, Dominguez Hills, and is a licensed civil engineer in California.

Todd Yoder, Executive Vice President and Chief Financial Officer

Todd Yoder was appointed Executive Vice President and Chief Financial Officer of Shimmick, effective April 14, 2025. He has over 20 years of public company finance leadership experience, with more than 15 years in global infrastructure. Prior to Shimmick, Mr. Yoder served as Executive Vice President and Chief Financial Officer for Shikun & Binui America, Inc. and Shikun & Binui Concessions USA. He also served for over 12 years as Global Managing Director of Strategic Finance at Fluor Corporation, a NYSE-listed company, and held senior finance leadership roles at publicly traded companies including Elevance Health, Zimmer Biomet Holdings, and Capital Bancorp Ltd. Mr. Yoder holds undergraduate degrees from Indiana University and Goshen College, and an MBA from the University of Notre Dame.

John Carpenter, Executive Vice President, Chief Legal Officer

John Carpenter serves as the Executive Vice President and Chief Legal Officer for Shimmick. He is part of Shimmick's leadership team which comprises industry veterans with decades of combined expertise.

Amanda Mobley, Chief Accounting Officer

Amanda Mobley serves as the Chief Accounting Officer for Shimmick. She previously served as interim Chief Financial Officer from June 2024 until April 2025. Ms. Mobley has been with Shimmick since 2011, holding various financial management roles, including project accounting and financial reporting. Prior to joining Shimmick, she was an Audit Manager at KPMG, focusing on public financial companies. She is a Certified Public Accountant and holds a B.S. in Business Administration from Colorado State University.

AI Analysis | Feedback

  • Limited operating history as an independent company and historical dependence on AECOM, posing risks such as difficulty in obtaining necessary bonding and increased operating expenses to establish independent corporate infrastructure.
  • Ongoing disputes with AECOM.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable market for Shimmick's water infrastructure solutions is forecasted to be in excess of $60 billion per year in the U.S. market.

AI Analysis | Feedback

Shimmick (SHIM) is expected to drive future revenue growth over the next 2-3 years through several key factors:

  1. Significant Market Opportunity in Water and Critical Infrastructure: Shimmick operates in a robust market, with the total nominal market opportunity for water infrastructure alone forecasted to exceed $60 billion per year, according to a 2023 S&P Global Construction Spending report. This large and growing market, fueled by climate change, water scarcity, and infrastructure needs, provides ample demand for Shimmick’s specialized services in water treatment, water resources, and other critical infrastructure.
  2. Strategic Acquisitions: The company identifies the existing water industry as highly fragmented by geography and capability, presenting a significant opportunity to expand its core infrastructure services and introduce new services through strategic acquisitions. This inorganic growth strategy is a stated path for future revenue expansion.
  3. Strong Project Backlog: As of June 30, 2023, Shimmick reported a project backlog in excess of $1 billion, with over half of this amount comprising water projects. This substantial backlog provides a secure foundation for future revenue generation as these projects are executed over the coming years.
  4. Focus on Complex, High-Value Projects and Self-Performance: Shimmick's strategic shift as an independent company is focused on meeting the nation's growing need for complex water and other critical infrastructure solutions. Its ability to self-perform many of these intricate projects differentiates it from competitors, enabling the company to compete for and secure larger, more complex contracts, which are typically associated with higher revenue potential.

AI Analysis | Feedback

Inbound Investments

  • In January 2021, Shimmick began operating as an independent company under new private ownership after consummating the AECOM Sale Transactions.

Better Bets vs. Shimmick (SHIM)

Peer Outperformance in Construction & Engineering

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Share of Construction & Engineering constituents that SHIM has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
79%
of 33 industry peers · 2.2% return
3Y
—
insufficient peer history
5Y
—
insufficient peer history
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Median price return by industry across the Industrials sector, ranked by 5Y. Construction & Engineering is SHIM's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Marine Transportation 5 25.1%30.2%102.9% MATX 155% · KEX 103%
Construction Machinery & Heavy Transportation Equipment 13 6.3%55.5%95.0% ALSN 255% · WAB 204% · CAT 192%
Construction & Engineering ← 29 -21.3%79.9%94.8% FIX 895% · STRL 799% · AGX 526%
Aerospace & Defense 54 -12.6%55.7%49.5% ATI 849% · FTAI 756% · HWM 509%
Trading Companies & Distributors 19 5.6%30.7%33.8% DXPE 276% · AIT 184% · URI 177%
Industrial Machinery & Supplies & Components 71 0.3%46.1%29.7% CRS 797% · MLI 298% · SYM 249%
Rail Transportation 7 34.9%53.7%27.8% CSX 54% · UNP 40% · NSC 28%
Diversified Support Services 33 14.8%36.8%21.3% CXW 195% · OPLN 143% · CTAS 115%
Building Products 34 -6.6%9.3%10.6% MOD 714% · GFF 345% · TT 126%
Cargo Ground Transportation 16 27.9%14.6%4.8% XPO 269% · R 250% · ARCB 25%
Industrial Conglomerates 17 14.8%-1.6%-1.3% CSW 103% · CSL 72% · DD 65%
Office Services & Supplies 10 20.8%22.5%-2.6% PBI 158% · TILE 140% · HNI 40%
Electrical Components & Equipment 39 -14.2%56.2%-12.1% POWL 1360% · VRT 543% · BE 424%
Data Processing & Outsourced Services 6 -11.8%5.0%-12.7% EXLS 59% · BR 22% · G -12%
Research & Consulting Services 13 4.9%-15.5%-22.6% HURN 227% · FCN 36% · BAH 14%
Agricultural & Farm Machinery 16 7.2%-7.4%-27.4% BLBD 171% · DE 99% · TTC 15%
Security & Alarm Services 9 -51.2%10.7%-28.0% BCO 65%
Environmental & Facilities Services 29 -31.2%25.5%-28.1% GEO 163% · CLH 162% · RSG 100%
Passenger Airlines 11 2.6%64.1%-34.8% LTM 3100% · UAL 110% · DAL 100%
Air Freight & Logistics 12 -28.8%-7.3%-39.1% FDX 80% · EXPD 60% · CHRW 54%
Human Resource & Employment Services 22 19.2%-6.0%-42.4% ADP 50% · FA 22% · PAYX 13%
Passenger Ground Transportation 3 -14.1%42.9%-57.4% UBER 46% · CAR -57% · LYFT -67%
Airport Services 4 -49.1%-62.8%-86.2% JOBY -47%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SHIMSTRLGVATPCORNMTZMedian
NameShimmick Sterling.Granite .Tutor Pe.Orion MasTec  
Mkt Price2.30261.40120.9283.296.90165.00102.11
Mkt Cap0.18.05.34.40.313.04.9
Rev LTM4374,3135,3006,25492817,2944,807
Op Inc LTM-1180337735210840365
FCF LTM-54471443673-38405424
FCF 3Y Avg-53408361576-3609384
CFO LTM-486135848393761598
CFO 3Y Avg-4650449368125849498

Growth & Margins

SHIMSTRLGVATPCORNMTZMedian
NameShimmick Sterling.Granite .Tutor Pe.Orion MasTec  
Rev Chg LTM-16.0%93.1%25.1%22.6%11.0%25.7%23.8%
Rev Chg 3Y Avg-13.6%36.0%16.6%18.5%9.5%14.2%15.4%
Rev Chg Q-17.0%127.0%23.2%21.5%13.8%29.9%22.4%
QoQ Delta Rev Chg LTM-4.7%25.4%6.7%5.1%3.5%7.4%5.9%
Op Inc Chg LTM78.8%121.7%46.4%268.7%-40.4%44.3%62.6%
Op Inc Chg 3Y Avg-0.5%66.5%80.9%228.9%96.6%122.7%88.7%
Op Mgn LTM-2.6%18.6%7.1%5.6%1.1%4.9%5.2%
Op Mgn 3Y Avg-10.4%15.8%5.6%2.2%1.3%3.9%3.1%
QoQ Delta Op Mgn LTM0.6%0.5%1.2%1.1%0.4%-0.3%0.5%
CFO/Rev LTM-10.9%14.2%11.0%13.4%0.3%4.4%7.7%
CFO/Rev 3Y Avg-9.4%18.6%11.0%12.7%3.1%6.1%8.5%
FCF/Rev LTM-12.3%10.9%8.4%10.8%-4.1%2.3%5.4%
FCF/Rev 3Y Avg-10.8%15.2%8.0%10.8%-0.1%4.5%6.3%

Valuation

SHIMSTRLGVATPCORNMTZMedian
NameShimmick Sterling.Granite .Tutor Pe.Orion MasTec  
Mkt Cap0.18.05.34.40.313.04.9
P/S0.21.91.00.70.30.80.7
P/Op Inc-7.710.014.112.427.815.513.3
P/EBIT-11.110.126.514.133.114.914.5
P/E-5.314.4-20.131.148.426.920.7
P/CFO-1.913.09.15.290.617.211.1
Total Yield-18.9%7.4%-4.5%3.6%2.1%3.9%2.8%
Dividend Yield0.0%0.0%0.4%0.3%0.0%0.0%0.0%
FCF Yield 3Y Avg-93.7%5.1%8.1%19.0%1.6%5.1%5.1%
D/E0.90.00.30.10.60.40.3
Net D/E0.7-0.00.2-0.20.60.30.3

Returns

SHIMSTRLGVATPCORNMTZMedian
NameShimmick Sterling.Granite .Tutor Pe.Orion MasTec  
1M Rtn-27.7%-53.6%0.0%-6.5%-26.3%-27.7%-27.0%
3M Rtn-45.0%-51.2%-0.4%-12.9%-31.8%-36.2%-34.0%
6M Rtn-59.4%-67.8%-14.2%1.8%-53.2%-60.0%-56.3%
12M Rtn2.7%-36.4%18.2%23.1%-37.3%-17.1%-7.2%
3Y Rtn-64.1%250.7%167.7%1,011.4%59.0%239.4%203.5%
1M Excs Rtn-22.6%-49.5%6.9%-1.6%-22.5%-24.6%-22.6%
3M Excs Rtn-47.1%-51.3%-4.8%-15.0%-32.2%-38.5%-35.4%
6M Excs Rtn-64.2%-72.9%-19.0%-3.1%-58.0%-65.0%-61.1%
12M Excs Rtn-13.2%-46.2%5.0%13.4%-49.0%-29.7%-21.4%
3Y Excs Rtn-147.8%169.7%121.0%974.4%-39.7%91.1%106.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2026202520232022
Infrastructure solutions493480633664
Total493480633664


Price Behavior

Price Behavior
Market Price$2.29 
Market Cap ($ Bil)0.1 
First Trading Date11/14/2023 
Distance from 52W High-65.7% 
   50 Days200 Days
DMA Price$3.02$3.76
DMA Trenddowndown
Distance from DMA-24.3%-39.1%
 3M1YR
Volatility66.4%86.0%
Downside Capture383.61192.11
Upside Capture25.73169.15
Correlation (S&P 500)11.8%26.4%
SHIM Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta1.641.781.911.361.830.01
Up Beta1.57-0.241.351.532.23-0.34
Down Beta-3.22-0.92-1.59-1.240.490.46
Up Capture246%189%205%115%348%33%
Bmk +ve Days12182862130427
Stock +ve Days9162656117330
Down Capture402%347%342%236%157%106%
Bmk -ve Days10253664121325
Stock -ve Days12253466129381

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SHIM
SHIM-0.0%86.0%0.37-
Sector ETF (XLI)7.4%17.8%0.2425.8%
Equity (SPY)9.5%13.6%0.4126.8%
Gold (GLD)3.6%28.7%0.117.7%
Commodities (DBC)37.7%21.2%1.40-17.7%
Real Estate (VNQ)12.0%14.2%0.555.3%
Bitcoin (BTCUSD)-20.8%43.3%-0.427.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SHIM
SHIM-18.7%104.0%0.12-
Sector ETF (XLI)10.8%17.7%0.4514.4%
Equity (SPY)11.3%17.3%0.4812.2%
Gold (GLD)17.5%19.1%0.741.4%
Commodities (DBC)8.0%19.6%0.29-5.4%
Real Estate (VNQ)1.2%18.9%-0.056.9%
Bitcoin (BTCUSD)5.9%51.5%0.29-0.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SHIM
SHIM-9.8%104.0%0.12-
Sector ETF (XLI)12.9%20.1%0.5614.4%
Equity (SPY)14.9%18.0%0.7012.2%
Gold (GLD)12.0%16.5%0.591.4%
Commodities (DBC)7.6%18.1%0.33-5.4%
Real Estate (VNQ)5.7%20.7%0.236.9%
Bitcoin (BTCUSD)61.3%66.2%1.01-0.1%

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Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 930202615.4%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest3.8 days
Basic Shares Quantity38.5 Mil
Short % of Basic Shares0.9%

Earnings Returns History

Updated 10/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/10/2026-6.2%-12.1%-17.4%
5/14/2026-1.0%-19.7%-26.3%
3/12/202614.6%9.3%39.6%
11/13/2025-2.0%-17.9%16.1%
8/14/202513.3%40.8%42.7%
5/14/20253.2%-6.8%-2.7%
3/13/2025-1.8%-1.8%-17.9%
11/12/20242.8%-0.9%30.1%
...
SUMMARY STATS   
# Positive435
# Negative897
Median Positive8.3%9.3%30.1%
Median Negative-4.6%-12.1%-17.9%
Max Positive14.6%40.8%42.7%
Max Negative-34.1%-53.6%-51.4%
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/10/2026-6.2%-12.1%-17.4%
5/14/2026-1.0%-19.7%-26.3%
3/12/202614.6%9.3%39.6%
11/13/2025-2.0%-17.9%16.1%
8/14/202513.3%40.8%42.7%
5/14/20253.2%-6.8%-2.7%
3/13/2025-1.8%-1.8%-17.9%
11/12/20242.8%-0.9%30.1%
8/15/2024-18.3%-5.8%-10.1%
5/13/2024-34.1%-53.6%-51.4%
3/28/2024-15.3%-38.9%-40.7%
12/19/2023-2.9%0.2%1.2%
SUMMARY STATS   
# Positive435
# Negative897
Median Positive8.3%9.3%30.1%
Median Negative-4.6%-12.1%-17.9%
Max Positive14.6%40.8%42.7%
Max Negative-34.1%-53.6%-51.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/10/202610-Q
03/31/202605/15/202610-Q
12/31/202503/13/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/14/202510-Q
12/31/202403/20/202510-K
09/30/202411/12/202410-Q
06/30/202408/16/202410-Q
03/31/202405/20/202410-Q
12/31/202303/28/202410-K
09/30/202312/19/202310-Q
06/30/202310/05/2023S-1
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Report DateFiling DateFiling
06/30/202608/10/202610-Q
03/31/202605/15/202610-Q
12/31/202503/13/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/14/202510-Q
12/31/202403/20/202510-K
09/30/202411/12/202410-Q
06/30/202408/16/202410-Q
03/31/202405/20/202410-Q
12/31/202303/28/202410-K
09/30/202312/19/202310-Q
06/30/202310/05/2023S-1

Recent Forward Guidance

Updated 11/2/2026

Latest: Q2 2026 Earnings Reported 8/10/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 RevenueReported525.00 Mil550.00 Mil575.00 Mil-4.3% LoweredGuidance: 575.00 Mil for 2026
2026 Adjusted EBITDAReported15.00 Mil22.50 Mil30.00 Mil0 AffirmedGuidance: 22.50 Mil for 2026


Prior: Q1 2026 Earnings Reported 5/14/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Consolidated RevenueReported550.00 Mil575.00 Mil600.00 Mil0 AffirmedGuidance: 575.00 Mil for 2026
2026 Consolidated Adjusted EBITDAReported15.00 Mil22.50 Mil30.00 Mil0 AffirmedGuidance: 22.50 Mil for 2026

Q4 2025 Earnings Reported 3/12/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 RevenueReported550.00 Mil575.00 Mil600.00 Mil   
2026 Adjusted EBITDAReported15.00 Mil22.50 Mil30.00 Mil125.0% Higher NewActual: 10.00 Mil for 2025

Q3 2025 Earnings Reported 11/13/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 Shimmick Projects RevenueReported405.00 Mil410.00 Mil415.00 Mil0 AffirmedGuidance: 410.00 Mil for 2025
2025 Non-Core Projects RevenueReported80.00 Mil85.00 Mil90.00 Mil0 AffirmedGuidance: 85.00 Mil for 2025
2025 Shimmick Projects Gross MarginReported9.0%10.5%12.0%   
2025 Non-Core Projects Gross MarginReported-15.0%-10.0%-5.0%   
2025 Consolidated Adjusted EBITDAReported5.00 Mil10.00 Mil15.00 Mil0 AffirmedGuidance: 10.00 Mil for 2025

Insider Activity

Updated 10/15/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Goldsteen, Mitchell B GOHO, LLCSell32020262.86125,000357,50059,988,137Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Goldsteen, Mitchell B GOHO, LLCSell32020262.86125,000357,50059,988,137Form
Core Cache Last Updated: 11/5/2026