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Canadian (TSX) Construction Industry Analysis

UpdatedJun 30, 2026
DataAggregated Company Financials
Companies11
  • 7D-0.9%
  • 3M-9.2%
  • 1Y-21.3%
  • YTD-16.0%

In the last week, the Construction industry is up 2.1%, with WSP Global up 2.1%. In the past year, the industry is down 20%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Canadian Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Jun 2026CA$59.6bCA$46.9bCA$4.3b24.5x14x1.3x
Thu, 28 May 2026CA$61.5bCA$46.9bCA$4.3b26.6x14.5x1.3x
Sat, 25 Apr 2026CA$67.4bCA$45.8bCA$4.2b29.1x16x1.5x
Mon, 23 Mar 2026CA$64.0bCA$45.8bCA$4.2b28.2x15.2x1.4x
Wed, 18 Feb 2026CA$64.6bCA$44.9bCA$4.1b27.5x15.7x1.4x
Fri, 16 Jan 2026CA$73.5bCA$44.9bCA$4.1b31.3x17.8x1.6x
Sun, 14 Dec 2025CA$66.7bCA$44.9bCA$4.1b30.4x16.2x1.5x
Tue, 11 Nov 2025CA$72.3bCA$44.3bCA$4.0b29x18x1.6x
Thu, 09 Oct 2025CA$76.1bCA$43.4bCA$3.9b27.5x19.3x1.8x
Sat, 06 Sep 2025CA$74.7bCA$43.4bCA$4.0b25.1x18.9x1.7x
Mon, 04 Aug 2025CA$74.6bCA$42.4bCA$1.6b46.7x47.3x1.8x
Wed, 02 Jul 2025CA$74.1bCA$41.9bCA$1.4b44x51.1x1.8x
Fri, 30 May 2025CA$73.1bCA$41.9bCA$1.4b42.5x50.5x1.7x
Sun, 27 Apr 2025CA$60.6bCA$40.6bCA$1.4b38.1x43.5x1.5x
Tue, 25 Mar 2025CA$61.4bCA$40.5bCA$1.4b37.7x43.1x1.5x
Thu, 20 Feb 2025CA$61.8bCA$38.7bCA$1.4b35.8x44.4x1.6x
Sat, 18 Jan 2025CA$61.1bCA$38.7bCA$1.4b36.7x43.7x1.6x
Mon, 16 Dec 2024CA$63.8bCA$38.7bCA$1.4b38.5x45.7x1.6x
Wed, 13 Nov 2024CA$61.8bCA$38.4bCA$1.4b34.9x44.2x1.6x
Fri, 11 Oct 2024CA$58.8bCA$37.6bCA$1.4b35.1x41.6x1.6x
Sun, 08 Sep 2024CA$52.2bCA$37.6bCA$1.4b35.2x36.7x1.4x
Tue, 06 Aug 2024CA$54.3bCA$37.0bCA$1.4b38.6x38.8x1.5x
Thu, 04 Jul 2024CA$53.7bCA$37.0bCA$1.5b33.8x35.5x1.5x
Sat, 01 Jun 2024CA$50.7bCA$37.0bCA$1.5b30.8x33.5x1.4x
Mon, 29 Apr 2024CA$52.9bCA$36.3bCA$1.5b31.2x36.2x1.5x
Wed, 27 Mar 2024CA$55.2bCA$36.5bCA$1.5b32.5x37.9x1.5x
Fri, 23 Feb 2024CA$49.5bCA$35.8bCA$1.3b33.6x38x1.4x
Sun, 21 Jan 2024CA$47.2bCA$35.8bCA$1.3b33x36.2x1.3x
Tue, 19 Dec 2023CA$45.0bCA$35.8bCA$1.3b30.2x34.6x1.3x
Thu, 16 Nov 2023CA$45.4bCA$35.8bCA$1.3b28.1x34.8x1.3x
Sat, 14 Oct 2023CA$43.8bCA$34.6bCA$1.1b30.3x41.5x1.3x
Mon, 11 Sep 2023CA$43.7bCA$34.6bCA$1.1b30.5x41.5x1.3x
Wed, 09 Aug 2023CA$41.7bCA$33.4bCA$964.2m32.1x43.2x1.2x
Fri, 07 Jul 2023CA$39.3bCA$33.1bCA$858.9m32.4x45.8x1.2x
Price to Earnings Ratio

45.8x


Total Market Cap: CA$39.3bTotal Earnings: CA$858.9mTotal Revenue: CA$33.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Construction Industry Price to Earnings3Y Average 34x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.0x which is lower than its 3-year average PE of 34.0x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 71% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market-1.02%
Industrials1.99%
Construction-0.95%
Construction and Engineering-0.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WSP WSP GlobalCA$175.500.5%
+CA$124.0m		-36.8%PE24.5x
STN StantecCA$98.000.9%
+CA$100.4m		-33.9%PE22.8x
BDGI Badger Infrastructure SolutionsCA$93.112.0%
+CA$62.3m		95.7%PE38.8x
BDT Bird ConstructionCA$63.371.6%
+CA$55.4m		120.1%PE71x

Latest News

ARE
CA$44.61
Aecon Group
7D
-0.5%
1Y
116.9%
ATRL
CA$86.79
AtkinsRéalis Group
7D
-5.8%
1Y
-9.1%
BDGI
CA$93.11
Badger Infrastructure Solutions
7D
2.0%
1Y
95.7%
New Narrative • Jun 26

Hydrovac Fleet Expansion And Long-Term Infrastructure Projects Will Support Strong Future Performance

Catalysts About Badger Infrastructure Solutions Badger Infrastructure Solutions provides non destructive hydrovac excavation services across North America through a large, company owned fleet and in house manufacturing. What are the underlying business or industry changes driving this perspective?
WSP
CA$175.50
WSP Global
7D
0.5%
1Y
-36.8%
Narrative Update • Jun 26

WSP: Future Cash Flows Will Support Confidence In Mining And Infrastructure Execution

The analyst price target for WSP Global has been reduced by about CA$10, as analysts cite updated assumptions around fair value, discount rates, revenue growth, profit margins, and future P/E multiples following recent Street research revisions. Analyst Commentary Recent research on WSP Global points to a more mixed setup, with several firms trimming price targets by C$10 to C$40 and one raising its target slightly.
PBK
CA$1.10
PowerBank
7D
-7.6%
1Y
-46.9%
STN
CA$98.00
Stantec
7D
0.9%
1Y
-33.9%
BDT
CA$63.37
Bird Construction
7D
1.6%
1Y
120.1%
UIG
CA$0.02
Urban Infrastructure Group
7D
-20.0%
1Y
-71.4%
PWER
CA$0.34
Global Power Solutions
7D
-1.4%
1Y
70.0%
ACL
CA$0.14
A.C.L. Construction
7D
-10.0%
1Y
n/a