The 17 biggest construction companies in America in 2017 have been playing a vital role in the strengthening of the American economy, including being some of the biggest employment providers in the nation. As the unemployment rate declines, investment in both residential and commercial construction tends to increase, which eventually leads to a better economy.
Tall skyscrapers and solid infrastructure such as bridges, tunnels, factories, airports etc. are the hallmarks of U.S industry. Construction also plays an important part in the establishment of proper homeland security. Housing construction, especially multi-family units, have been showing an upward trend in the U.S recently. Private sector construction is also on the rise, though public construction has remained flat.
The improvement in the employment rate, a rising population, and increasing income are driving growth in the U.S construction market, which is poised to grow at a sustainable rate. Though political uncertainty played a part in low labor participation in the construction sector, not much has changed under the Trump administration.
The U.S construction industry suffers from a shortage of labor, rising material costs and over-construction. Companies are also cutting down on their capital expenditures. However, given an overall positive outlook for 2017, the construction industry in the U.S is projected to do well.
With the advent of technologies like building information modeling (BIM), artificial intelligence etc., the communication and workflow between relevant parties has been further streamlined. This will help in achieving better results even with a shortage of manpower. The 17 biggest construction companies in America in 2017 are already adopting and implementing new manufacturing techniques in order to remain ahead in the race. Going forward, technology will be a major contributor towards strengthening the nation’s security and also improving economic security and growth.
Starting on the next page, we have listed the 17 biggest construction companies in America in 2017 using various sources, including Construction Dive. These are then ranked on the basis of their revenue 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 16 Biggest Construction Companies in the World in 2017.
17. Turner Construction Co.
Annual Revenue – $2.6 billion
The North America-based company is amongst the largest general contractors in the U.S. Turner Construction Co. is an international construction company completing $10 billion in work on 1,500 projects annually. Turner Construction serves the healthcare, education, commercial, sports, aviation, pharmaceutical and retail sectors.
16. Hovnanian Enterprises, Inc. (NYSE:HOV)
Annual Revenue – $2.75 billion
Hovnanian Enterprises, Inc. (NYSE:HOV) ranks amongst the top ten homebuilding companies in the U.S. The company is known for providing uniquely designed homes to its customers. Hovnanian Enterprises, Inc. (NYSE:HOV) designs a wide range of housing properties including single family homes, condominiums, townhomes and mid- and high-rise units. Over the last 50 years of its existence, the company has adopted diverse home designs that reflect an individual’s unique style and personality as its trademark.
You can sign up below to get the latest news about D.R. Horton Inc. directly to your inbox.
15. Meritage Homes Corp (NYSE:MTH)
Annual Revenue – $3 billion
Next up on the list of the 17 biggest construction companies in America in 2017 is Meritage Homes Corp (NYSE:MTH), a nationally recognized leader in the homebuilding industry. The company has built more than 100,000 homes in the last 30+ years. It is also leading the way in energy efficient homes.
14. KB Home (NYSE:KBH)
Annual Revenue – $3.6 billion
KB Home (NYSE:KBH) has been in business for the last six decades, helping more than 550,000 families own homes. KB Home (NYSE:KBH) is a recognized leader in energy and water-efficient building, and is known for designing homes that are tailored the client’s way.
13. KBR, Inc. (NYSE:KBR)
Annual Revenue – $4.3 billion
KBR, Inc. (NYSE:KBR) is a global company having customers in more than 80 countries, which provides engineering, construction and consulting services to the government and hydrocarbons segments. In addition the company also provides integrated EPC delivery and long term operations and maintenance services to its customers.
12. Whiting Turner Contracting Co
Annual Revenue – $5.5 billion
Founded in 1909, Whiting Turner Contracting Co ranks amongst the top domestic general building contractors in the U.S. The company provides a full range of construction services to small and large sectors such as retail, commercial, education, healthcare, technology, and utilities. It is also one of the largest private companies in the U.S.
11. CalAtlantic Group Inc (NYSE:CAA)
Annual Revenue – $6.48 billion
CalAtlantic Group Inc (NYSE:CAA) is one of the U.S’ largest homebuilders. The company has a presence across more than 40 markets spanning 19 states. With over five decades of existence, the CalAtlantic Group Inc (NYSE:CAA) is now known for its quality craftsmanship and exceptional architectural design. The company also provides home energy efficiency solutions and warranty.
10. PCL Construction
Annual Revenue – $6.7 billion
PCL Construction is a group of construction companies providing services to civil infrastructure, heavy industries and buildings markets in Canada, the U.S, the Caribbean, and Australia. The company is engaged in over 700 projects at any one time.
9. PulteGroup, Inc. (NYSE:PHM)
Annual Revenue – $7.7 billion
Pulte Group is one of America’s largest home construction companies, operating in nearly 50 markets throughout the country. With over six decades of experience, Pulte Group has come a long way to become the industry’s sole multi-brand homebuilding company today. The company caters to the needs of all consumers, from first-time, first and second move-up, and active adult buyers.
8. Kiewit Corp
Annual Revenue – $8.6 billion
From humble beginnings in 1884, Kiewit Corp has today grown to become a Fortune 500 construction, mining and engineering powerhouse. The company actively serves the oil, gas & chemicals, power, transportation, building and mining markets in North America and Australia. Kiewit also actively supports green building in the markets it serves.
7. Chicago Bridge & Iron Company N.V. (NYSE:CBI)
Annual Revenue – $10.7 billion
With $10.7 billion in revenue, Chicago Bridge & Iron Company N.V. (NYSE:CBI) ranks seventh on our list of the 17 biggest construction companies in America in 2017. The company provides technology and infrastructure services to the energy industry. Over a century’s experience and an integrated model allows Chicago Bridge & Iron Company N.V. (NYSE:CBI) to take on the largest projects in the world. The company is known for its streamlined project delivery, better cost and schedule.
6. Lennar Corporation (NYSE:LEN)
Annual Revenue – $10.9 billion
Lennar Corporation (NYSE:LEN) is one of the leading homebuilders in the U.S. The company has a huge presence in the country in the urban, suburban, active adult and golf course living segments. Lennar Corporation (NYSE:LEN) has also launched the world’s First Wi-Fi certified home design, with activation and support from Amazon.com, Inc. (NASDAQ:AMZN), and is leading the way towards smart home products.
5. Jacobs Engineering Group Inc (NYSE:JEC)
Annual Revenue – $10.9 billion
Jacobs Engineering Group Inc (NYSE:JEC) has a presence in more than 230 locations in the Africa, Middle East, Asia Pacific, Americas and Europe regions. The company deals in all aspects of architecture, engineering and construction, operations and maintenance services. Jacobs Engineering Group Inc (NYSE:JEC) serves industrial, commercial, and government clients across multiple markets and geographies.
4. D.R. Horton Inc (NYSE:DHI)
Annual Revenue – $12.16 billion
D.R. Horton Inc (NYSE:DHI) is amongst the top home building companies in the U.S. With over 35 years of experience, the company has established a leadership position in residential development. D.R. Horton Inc (NYSE:DHI) has come a long way from being a regional homebuilder to becoming one of the largest homebuilders in the United States.
3. Skanska Construction
Annual Revenue – $17.7 billion
Skanska Construction is one of the largest construction and development companies in the U.S, offering its services to the transportation, power, industrial, wastewater, healthcare, education, sports, data centers, government, aviation and commercial industries. The company has four operational units which look after their respective sectors. Skanska has been expanding its geographical reach continuously through a series of acquisitions.
2. Fluor Corporation (NYSE:FLR)
Annual Revenue – $19 billion
Fluor Corporation (NYSE:FLR) is a leading global integrated EPFC (engineering, procurement, fabrication, construction) firm. The company’s clients include the government and private sectors in various industries. Fluor Corporation (NYSE:FLR) is a Fortune 500 company having a century’s-old existence. It is known for providing cost-effective and innovative solutions worldwide.
1. Bechtel Group
Annual Revenue – $32.3 billion
Ranking first on our list of the 17 biggest construction companies in America in 2017 is Bechtel Group, a global engineering, construction and project management company. The company was founded in 1898 and has a worldwide presence, completing more than 25,000 projects across 160 countries on all seven continents. Bechtel Groups’ businesses can be broadly classified into four groups – Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals.