Southland Holdings Inc (NYSE: SLND) is a specialty infrastructure construction company that designs and builds bridges, tunnels, marine structures, water and wastewater treatment facilities, water pipelines, communications infrastructure, transportation projects, and steel structures. Revenue is generated on a project-by-project basis across two reportable segments: Transportation and Civil. The company traces its roots to 1900 and is headquartered in Grapevine, Texas. It operates through six primary subsidiaries: Johnson Bros. Corporation, American Bridge Company, Oscar Renda Contracting, Southland Contracting, Mole Constructors, and Heritage Materials. Civil segment revenue was $342.3 million for the year ended December 31, 2025, up 5.9% year-over-year, with a gross margin of 4.8%. Projects span North America across both public and private sector clients. Equipment ownership and self-performance across multiple construction disciplines are cited as competitive advantages in the company's 10-K filed March 26, 2026. CEO Frank Renda also serves as President and Director; Keith Bassano is CFO.

Revenue model

Project-based construction contracts across Transportation and Civil segments, with revenue recognized as work is performed on individual infrastructure projects for public and private sector clients.

Products and services

Specialty infrastructure construction services including bridges, tunnels, marine structures, steel structures, water and wastewater treatment plants, water pipelines, communications infrastructure, transportation and facilities construction. Services are delivered through six subsidiaries: Johnson Bros. Corporation, American Bridge Company, Oscar Renda Contracting, Southland Contracting, Mole Constructors, and Heritage Materials.

Customers and end markets

Public and private sector clients in end markets including bridges, tunnels, communications, transportation and facilities, marine, steel structures, water and wastewater treatment, and water pipelines. The company discontinued large-scale concrete and asphalt production and sales in its Materials & Paving business line starting in Q2 2023.

Value-chain role

Design and construction contractor for specialty infrastructure projects. Self-performs across multiple construction disciplines and owns substantial construction equipment, positioning it as a primary contractor rather than a subcontractor or materials supplier.

Geographic exposure

Projects spanning North America, with specific projects referenced in the Southwest, Pacific Northwest, and West regions (FY2025 10-K). Subject to U.S. federal, state, local, and foreign laws, indicating some international exposure.

Source: SEC 10-K, filed 2026-03-26

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