Southland Holdings, Inc.

Southland Holdings, Inc.

SLND
Southland Holdings, Inc.US flagNew York Stock Exchange Arca
0.59
USD
+0.02
- -
31.94MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
23.59
23.82
28.81
26.15
24.64
20.39
14.29
11.13
Basic EPS, GAAP
0.69
0.76
0.87
1.36
-0.41
-2.19
-5.67
-7.46
Free Cash Flow per Basic Share
-1.75
-1.83
-2.46
-1.6
-0.45
-0.11
0.24
-2.91
Dividend per Share
0.45
0.14
0.06
0.06
- -
- -
0.03
- -
Book Value per Share
- -
5.25
6.01
7.32
5.21
3.03
-2.6
-4.66
Tangible Book Value per Share
- -
5.1
5.9
7.24
5.15
2.98
-2.65
-4.71
Basic Weighted Avg Shares
44
44
44
44
47
48
54
54
Sales/Revenue/Turnover
1,048
1,058
1,279
1,161
1,160
980
772
603
Operating Margin (%)
3.37
4.14
4.38
7.12
-2.7
-12.89
-28.09
-54.61
Depreciation Expense
36
39
47
46
31
23
23
22
Net Income, GAAP
30
34
39
61
-19
-105
-307
-404
Effective Tax Rate (%)
6.97
23.78
20.86
17.5
- -
- -
- -
- -
Profit Margin (%)
2.91
3.18
3.03
5.21
-1.66
-10.75
-39.7
-67.05
Working Capital
- -
197
280
391
359
261
79
118
LT Debt
- -
185
209
237
257
308
262
204
Total Equity
- -
263
302
360
261
175
-133
-248
Return on Invested Capital (%)
- -
13.3
8.28
11.11
- -
- -
- -
- -
Return on Capital (%)
- -
17.29
7.75
10.67
- -
- -
- -
- -
Return on Common Equity (%)
- -
28.9
15.49
20.46
-6.7
-50.99
- -
-84.16

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
61
63
64
LT Borrowings
245
216
190
LT Finance Leases
16
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
54
Market Capitalization
180
70
36

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
734
679
547
Cash, Cash Equivalents & STI
53
21
35
Accounts Receivable, Net
270
253
202
Inventories
3
- -
- -
Total Current Liabilities
655
527
429
Payables & Accruals
342
238
171
ST Debt
61
63
64
Deferred Revenue
253
227
194

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-40.33%
-175.54%
Free Cash Flow
- -
-95.32%
-332.01%
Net Income, GAAP
- -
115.55%
190.93%
Sales/Revenue/Turnover
- -
-5.03%
-21.22%
Total Cash Common Dividend
- -
- -
1,543.64%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
288
252
173
267
980
2025
239
215
213
104
772
2026
172
113
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.96
-1.14
-0.09
-2.19
2025
-0.08
-0.19
-1.39
- -
-5.67
2026
-0.52
-1.55
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Frankie S. Renda
Full Time Employees
1,800
Sector
Industrials
Industry
Engineering & Construction
Address
1100 Kubota Drive Grapevine TX United States of America 76051
IPO Date
Dec 23, 2021
Business
Southland Holdings, Inc. is a North American infrastructure construction holding company that operates primarily through two segments: Civil and Transportation. The Civil segment designs and constructs water pipelines, pump stations, lift stations, water and wastewater treatment plants, concrete and structural steel, outfalls, and tunneling. The Transportation segment handles the design and construction of bridges, roadways, marine structures, dredging, ship terminals and piers, specialty structures, as well as convention centers, sports stadiums, and ferris wheels. The company serves public sector customers including federal agencies, state departments of transportation, local transit authorities, and utilities, along with private clients in industrial, commercial, and residential sectors. It operates across all 50 states in the U.S. and in more than 60 countries globally. Founded in 1900, Southland Holdings is headquartered in Grapevine, Texas. Recently, Southland Holdings has strategically expanded its portfolio by acquiring three new water resource projects through subsidiaries Oscar Renda Contracting and Southland Contracting, totaling approximately $150 million. These projects focus on water pipeline, tunnel, and water treatment plant improvements, significantly boosting the company's 2024 backlog and strengthening its presence in the civil infrastructure sector, particularly in water management. Additionally, the company continues to secure sizable infrastructure projects, such as a $130 million contract portfolio in 2025, including bridge rehabilitation in the Pacific Northwest and water resource development in Austin, Texas. This reflects a focused effort on increasing margins and diversifying its specialized construction services portfolio. The company also maintains a legacy of integrating major acquisitions to broaden its capabilities, exemplified by its acquisition of American Bridge Company, a global leader in complex civil and bridge construction, which expanded Southland's geographic reach and project capacity. Southland Holdings’ operations encompass a comprehensive range of specialty infrastructure construction projects, including water conveyance systems, heavy highway projects, tunnels, bridges, marine facilities, and specialty vertical structures. The company employs approximately 2,100 people and actively participates in infrastructure development projects driven by increasing demand for water infrastructure and aging public systems, particularly in Texas. Its strategic alignment with long-term government infrastructure investments positions it for sustained growth and margin improvement in the infrastructure construction industry.

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