The construction industry is highly competitive in the United States of America, with many construction companies offering various construction services. A construction project is a valuable investment and choosing the right building company is crucial for its successful completion. According to a recent report, the overall value of construction is forecast to reach over 2.2 trillion US dollars by 2027. The construction industry has been on an upward trend throughout the past decades. In this blog, we will discuss the 8 largest construction companies in the USA.
List of Top Construction Companies in the USA
1. Bechtel Corporation
Bechtel Corporation Bechtel Corporation is the largest construction company in the USA and was founded in 1898. It has been among the leaders in construction, engineering, and project management. Also, it has a long history of completing challenging and complex projects like the expansion of the Panama Canal, the Hinkley Point C nuclear power station in the United Kingdom, and the development of the Al-Zour Refinery in Kuwait. According to a recent report by Statista, its revenue was $20.2 billion at the end of 2023, year-end.
Bechtel Corporation became part of many important projects in 2024, including a 4.2 billion EPC contract agreement for Train 4 at the Rio Grande LNG Facility. Moreover, the Hoover Dam, Bay Area Rapid Transit (BART), Jubail Industrial City and the Channel Tunnel are other notable projects. Its diverse portfolio includes sectors like transportation, power and defence.
2. Turner Construction Company
According to Statista’s recent report, Turner Construction Company in New York was the second company in ranking with the highest revenue that year. Its main activities include the construction of non-residential buildings and commercial buildings, green buildings and infrastructures. It was founded in 1902 and its CEO is Peter Davoren. Its revenue was $20 billion in 2023 when the report came in the year of 2024. It will go higher in the 2024 report when it comes in 2025.
It collaborates with Fortune 500 companies and institutions, embracing emerging technologies and delivering innovative solutions. They aims to foster sustainable building practices and maintain leadership through safety, client satisfaction and quality. Its first project was a USD 690 concrete vault in Brooklyn and after that, concrete staircases for the New York City Subway. Its key projects are Yankee Stadium, United Nations Headquarters Renovation and Levi’s Stadium.
3. Fluor Corporation
Fluor Corporation is an American construction and engineering company, headquartered in Irving, Texas. It is the largest publicly traded construction and engineering company in the Fortune 500 rankings, with revenue of US$15.5 billion in 2023. Flour Corporation was founded in 1912 by the well-known John Simon Flour as Fluor Construction Company.
It has a specialisation in procurement, engineering, and project management services for clients in the mining, chemicals, and energy sectors. It has the potential to provide innovative solutions to complex challenges.
4. Kiewit Corporation
Kiewit Corporation is one of the top construction companies, founded in 1884 in the USA. Throughout the years it has built notable buildings and worked on various projects. In the 1990s, it was part of the joint venture to build the $517 million T-Mobile Park in Seattle, and it was completed in 1999.
Kiewit Infrastructure South is also part of the team constructing the 11.5-mile, six-station Phase II of the Washington Metro’s Silver Line in Virginia. Notably, its revenue was US$17.1 billion in 2023.
5. Skanska USA
Skanska is a multinational company based in Sweden that was established in 1887. A subsidiary, Skanska USA has established itself as one of the top construction companies in the USA. Its aim is to provide the best solutions for infrastructure development and green construction. The company’s expertise lies in healthcare facilities, commercial buildings, and transportation projects.
The major projects of Skanska were the Elizabeth River Tunnels, LaGuardia Airport Terminal B, and Boston College Integrated Science Center. Skanska USA revenue was $7.1 billion USD in 2023, with 6,500+ employees.
6. PCL Construction Enterprises
The PCL family of companies is a group contracting construction companies in Canada, the USA, Australia, and the Caribbean. PCL has headquarters in Denver, Colorado, in the United States. It has expertise in civil, commercial and industrial construction.
Its major projects are Roger Place, Denver International Airport Expansion, and NREL Energy Systems Integration Facility. Its construction revenue for 2023 was US$7.3 billion, making it among the top companies.
7. Gilbane Building Company
Gilbane, Inc., is one of the best construction and real estate development firms. It was founded in 1870 and has been active in this industry for over 150 years. It is recognised for its strong client relationships and construction solutions.
Its major projects include the Brown University Engineering Research Centre, MLK Memorial Library Renovation, and Georgia Aquarium Expansion. Its revenue rose to $7.3 billion, a 12% increase from 2022 revenue.
8. Clark Group
The Clark Group is one of the largest construction companies and civil contractors in the US. Its headquarters is in Bethesda, Mayland and it was founded in 1906.
Some of the most highlighted projects include Capital One Arena and L’Enfant Plaza. Its revenue was $6.3 billion, making it among the top-earning construction companies. Interestingly, it maintains a ‘B’ payment score, with most contractors finding it the most reliable collaborator.
Also Read: Top 10 Real Estate Companies in Dubai
Final Thoughts
The United States construction industry is growing and will continue to generate more revenue by 2025. These top companies continue to grow and set the benchmark in sustainability, innovation and brilliance. With the increasing demand for green buildings and sustainable infrastructure, construction companies will continue to grow and work harder in the future. The reasons behind their success are the use of innovative technology, a skilled workforce, global reach, sustainability, and strong client relationships. The future of the construction industry looks brighter if sustainable infrastructure continues to grow at a fast pace.
