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530 Technology Dr
Ste. 300
Irvine CA
92618
833-723-2021
Health Breakdown
Avg Left
20
Success
50
Avg Avg
5
Year Proj
-30
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
5%
5%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 12, 2026
Shimmick Construction - CA (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Shimmick enters the period with **$156.6M** total remaining backlog, dominated by the recently awarded **$124.4M** Coyote Creek project. Cash inflows should accelerate as mobilization begins on this 120-month contract alongside continued burn on the two 2025 projects. Bidding momentum from the 50% 2026 success rate supports steady pipeline replenishment.

Medium-term Outlook (6-12 months)
Execution of the **$133.9M** in 2026 low bids will drive revenue recognition, though the 10-year Coyote duration limits near-term cash velocity. The **$32.2M** combined remaining value on the Pier Bridge and Whittier Narrows projects provides a stable but declining base. Continued 50%+ win rates will be required to maintain backlog above **$150M**.

Key Risk Period
The 2024 zero-win year and 11.66% average left-on-low in 2025 highlight vulnerability if 2026 momentum stalls. Extended 40-70 year contract durations on active projects create prolonged retention and cash-flow drag. A gap in new awards during late 2026 could compress liquidity before Coyote ramps fully.

Recommendations
Prioritize bids with 24-36 month durations to balance the long-tail backlog. Tighten pre-bid cost reviews to reduce the 5.46% left-on-low margin erosion seen in 2026. Monitor monthly cash draws on Coyote Creek to ensure positive operating cash flow within the first six months.
 
JOBS LOW
  • C0724 Coyote Creek Flood Protection
  • Santa Clara Valley WD
  • 6/24/26
  • Napa River Napa Creek Flood Protection Floodwalls North Bypass
  • Napa County
  • 1/20/26
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JOBS BID
  • 1MG SCLA Reclaimed Water Reservoir 2
  • Victorville
  • $10,499,500
  • 7/9/26
  • C0724 Coyote Creek Flood Protection
  • Santa Clara Valley WD
  • $124,378,308
  • 6/24/26
  • Cater Reservoir Resiliency
  • Santa Barbara
  • $43,520,700
  • 2/6/26
  • Napa River Napa Creek Flood Protection Floodwalls North Bypass
  • Napa County
  • $9,528,970
  • 1/20/26
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CASH FLOW
  • Napa River Napa Creek Flood Protection Floodwalls North Bypass
  • Santa Clara Valley WD
  • $124,378,308
  • 08/23/26
  • 120
  • 43.3%
  • $31,094,577
  • $70,481,041
  • Napa River Napa Creek Flood Protection Floodwalls North Bypass
  • Santa Monica
  • $29,649,409
  • 09/13/25
  • 484
  • 81.8%
  • $1,837,773
  • $5,390,802
  • Napa River Napa Creek Flood Protection Floodwalls North Bypass
  • Los Angeles County
  • $44,580,000
  • 06/23/25
  • 850
  • 56.2%
  • $1,573,412
  • $19,510,306
  • $34,505,762
  • $95,382,149
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