10x Insights
Loading account…
Companies / Industrials / Southland Holdings, Inc.
SLND

Southland Holdings, Inc.

IndustrialsConstruction
Ticker SLNDGRAPEVINE, TXFiscal year ends DecemberBook value per share $-4.68Diluted shares 54.2M

Southland Holdings, Inc. (NYSE American: SLND) is a diversified specialty infrastructure construction company with roots dating back to 1900. The company operates through two primary reportable segments: Civil and Transportation. The Civil segment specializes in water pipeline, pump stations, lift stations, water and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$772.17M
−21.2% year over year
Last 12 mo $603.01M
-28.09%
−15.2 percentage points
Last 12 mo -54.61%
$-308.36M
−192.2% year over year
Last 12 mo $-411.01M
217.51%
+281.9 percentage points
Last 12 mo 159.47%
Cash & financing
$16.58M
+760.5% year over year
Last 12 mo $-156.31M
$11.82M
+306.0% year over year
Last 12 mo $-158.56M
-1.83
Was 1.83× a year earlier
Last 12 mo -0.82
54.0M
+12.4% year over year
Last 12 mo 54.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Southland Holdings, Inc. does

In the company’s own words

Southland Holdings, Inc. (NYSE American: SLND) is a diversified specialty infrastructure construction company with roots dating back to 1900. The company operates through two primary reportable segments: Civil and Transportation. The Civil segment specializes in water pipeline, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfall, and tunneling services throughout North America. The Transportation segment focuses on bridges, roadways, marine, dredging, ship terminals and piers, and specialty structures and facilities, with experience constructing many of North America's most recognizable bridges, convention centers, sports stadiums, marine facilities, and other iconic structures.

Southland is headquartered in Grapevine, Texas and operates as the parent company of six primary subsidiaries: Johnson Bros. Corporation, American Bridge Company, Oscar Renda Contracting, Southland Contracting, Mole Constructors, and Heritage Materials. As of December 31, 2025, the company employed approximately 1,800 employees, comprising roughly 500 salaried and 1,300 hourly workers, with approximately 17 percent represented by unions. The company maintains a geographically diverse presence across North America with offices enabling national-level competition.

The company's business model emphasizes self-performance of significant work portions, ownership of a substantial equipment fleet, and selective bidding on projects offering meaningful profitability opportunities. Southland maintains a strong balance sheet and bonding capacity to compete for varying contract sizes. The company's contract backlog totaled approximately $2.03 billion as of December 31, 2025, reflecting firm business expected to be earned in future periods.

Southland serves a diverse customer base of public and private entities, including federal agencies, state departments of transportation, local transit authorities, county and city public works departments, utilities, and private industrial and commercial owners. The company's website is www.southlandholdings.com. Fixed-price contracts with government customers represent the majority of total backlog, and the company manages exposure to labor and material price increases through contract protections, fixed-price supplier quotes, and contingencies for inflation in project bidding.

Company details
Sector
Industrials
Industry
Construction
Headquarters
GRAPEVINE, TX
Fiscal year end
December
CIK
1883814
SIC
1600

Financial performance, year by year

Fiscal 2022–2025 · USD
$-568.26M$-96.52M$375.21M$846.94M$1.32B2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Southland Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

44
funds hold it
0 of 35
superinvestors hold it
$1.08M
held by funds, at market
2.3%
of shares held by funds

Largest fund holders · Southland Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Schwab U.S. Small-Cap ETF
SCHA · SCHWAB STRATEGIC TRUST
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Southland Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Southland Holdings, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Southland Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.