12 Largest Construction Companies in US in 2017

Most of the 12 largest construction companies in the US in 2017 have been profitable over the last twelve months, posting income in millions of dollars. According to Statista, the construction industry contributed 4% towards the U.S. GDP in 2016 and this amount has been growing steadily since 2011. The industry has maintained a significant position in the U.S. economy and has expanded for the last six consecutive quarters.

The construction industry is a major employment generator, providing jobs to a wide range of different professions such as construction workers, architects, engineers, site work specialists, renovation, and maintenance workers etc. But it is also true that the number of deaths in the construction sector is at the highest for any industry. As the US construction industry rebounds, contractors are working on multiple new projects and striving to complete jobs quickly and within budget. The death rate could rise further as firms try to maintain profitability and manage with less qualified employees. The construction industry, unlike many other industries, has been least impacted by the changes in technology because people always need a place to live.

However, the technology could play a major role in curbing the death toll by using new and efficient construction and energy technologies, and structural designs. Computer-based technologies can even significantly reduce the cost of making modifications and prevent errors from creeping in. Given the industry’s fragmented nature, the pace of adoption of new technologies has been slow. The construction industry is also sensitive to regional and seasonal differences as well as the overall American economy.

Though construction is a low-technology industry, buyers’ standards and tastes have a strong impact upon the industry, which are also changing in a way that affects the market like new office designs or new demands on the building infrastructure. The decision to buy a new home is dependent upon various factors such as financing, location, housing style, and facilities. Given the fact that the amount of time and effort required to invest in a real estate property could be overwhelming, the 12 largest construction companies in the US in 2017 aim at making the overall experience as seamless and positive as possible.

Starting on the next page, we have listed the 12 largest construction companies in the US in 2017 using various sources, including Forbes. These are then ranked on the basis of their net income for the latest 12-month period.

Head to the next page to begin the list. You might want to check out our list of the 10 Biggest Construction Companies in the US.

12. KBR, Inc. (NYSE:KBR)

Net Loss – $61 million

Formerly known as Kellogg Brown & Root, KBR, Inc. (NYSE:KBR) is a leading EPC (engineering, procurement, and construction) company in the USA. KBR, Inc. (NYSE:KBR) is a global company having customers in more than 80 countries and operations in 40 countries. The company was formed in 1998 by the merger of M.W. Kellogg with Brown & Root Engineering and Construction.

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11. KB Home (NYSE:KBH)

Net Profit – $105.6 million

KB Home (NYSE:KBH) was originally founded to build new houses for returning Korean War veterans. In nearly six decades of its existence, KB Home (NYSE:KBH) has helped more than 550,000 families and individuals own their homes. The company is also a leader in energy and water efficient building. KB Homes also come with a 10-year limited warranty.

10. Kiewit Corp

Net Profit – $251 million

Kiewit Corp is one of the largest and most respected construction, mining and engineering organizations in North America. It is a Fortune 500 company serving diverse markets like oil, gas and chemical; power; transportation; building; water and mining. The firm was started by two brothers in 1884 and is today a leader in various market sectors throughout North America and recently in Australia.

9. Fluor Corporation (NYSE:FLR)

Net Profit – $281 million

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company serving people on six continents. Fluor Corporation (NYSE:FLR) is a Fortune 500 company having an existence dating back to 100 years. The company serves clients in the government and private sector in various industries. A large global footprint, integrated solutions, rich experience and long-standing customer relationships are Fluor Corporation’s competitive advantages.

8. Jacobs Engineering Group Inc. (NYSE:JEC)

Net Profit – $293.7 million

Jacobs Engineering Group Inc. (NYSE:JEC) serves a diverse customer base ranging from industrial, commercial, to government clients across multiple markets. Given the nature of its client base, more than 95% of Jacobs Engineering Group’s work is repeat business which leads to consistent cost advantages and profits. Jacobs Engineering Group Inc. (NYSE:JEC) has a large geographical presence in more than 230 locations around the world. It deals with all aspects of architecture, engineering, and construction, operations and maintenance services.

7. AECOM (NYSE:ACM)

Net Profit – $339 million

With a net profit of $339 million, AECOM (NYSE:ACM) ranks seventh on our list of 12 largest construction companies in the US in 2017. AECOM (NYSE:ACM) operates through design & consulting services, construction services, and management services segments. The construction services segment provides construction services for energy, commercial, industrial and public and private infrastructure clients. Founded in 1990 by the merger of five Ashland entities, the company has been recognized by Fortune magazine as the “World’s Most Admired Companies” for the third consecutive year. It is a fully integrated professional and technical services firm providing industry leading services to the key markets it serves.

6. NVR Inc. (NYSE:NVR)

Net Profit – $425 million

NVR Inc. (NYSE:NVR) is one of America’s leading homebuilders building over 400,000 homes till date and serving homebuyers in twenty-nine metropolitan areas in fourteen states. NVR, Inc. (NYSE:NVR) operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and constructs homes under the Ryan Homes, NVHomes and Heartland Homes brands. NVR Mortgage operates branches in the metropolitan areas in which NVR has homebuilding operations to financially assist the NVR homebuyers.

5. CalAtlantic Group Inc. (NYSE:CAA)

Net Profit – $484 million

CalAtlantic Group Inc. (NYSE:CAA) is one of USA’s largest and most respected homebuilders. Craftsmanship, customer experience and architectural design are the company’s biggest strengths. With more than 50 years of experience, CalAtlantic Group Inc. (NYSE:CAA) has established a good presence in 43 major markets spanning 19 states and serves different clients from entry level to luxury.

4. PulteGroup, Inc. (NYSE:PHM)

Net Profit – $602 million

On the fourth spot among 12 largest construction companies in the US in 2017 is PulteGroup, Inc. (NYSE:PHM). Starting out as a single home built sold by an 18-year old six decades ago, PulteGroup, Inc. (NYSE:PHM) has expanded to become one of the nation’s leading construction companies today. It is a multi-brand homebuilding company with operations across 50 markets throughout the country. The company caters to the needs of all consumer classes – first time, first and second move up and active adult buyers. Pulte Homes are known for their good quality, functional design, innovation and desirable locations.

3. Betchel Group

Net Profit – $800 million

Betchel is a large construction and engineering firm with more than seven decades of experience in America. It is also amongst the top ten largest privately owned American companies in 2017. The company was founded in 1898 and has a worldwide presence completing more than 25,000 projects across 160 countries on all seven continents. The company has an experience in diverse industries and its businesses can be broadly classified into four groups – Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals.

Betchel does not disclose its profits, but according to an interview on Fortune, its CFO said that its return on sales is a low-single-digit number. Conservatively taking it at 2%, Fortune calculated $800 million as Betchel’s profit after tax.

2. Lennar Corporation (NYSE:LEN)

Net Profit – $891 million

Lennar Corporation (NYSE:LEN) is the leading builder of homes in some of the strategically best locations across the nation. The company caters to the needs of its clients at different stages of their lives – first home, move-up home, or a multigenerational home. Since 1954, Lennar Corporation (NYSE:LEN) is best known for building affordable, move-up and retirement homes under its reputable Lennar brand name.

1. D.R. Horton Inc. (NYSE:DHI)

Net Profit – $1.04 billion

With more than $1 billion in profit D.R. Horton Inc. (NYSE:DHI) tops our list of the 12 Largest Construction Companies in the US in 2017. D.R. Horton Inc. (NYSE:DHI) is America’s largest homebuilding company by volume in the United States for sixteen consecutive years. It has been recognized as #1 on the Builder 100, an award given by Builder Magazine. With over 35 years of experience, the company has established a leadership in residential development. The company has operations in 79 markets in 26 states across the United States.

Disclosure: None