Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Construction Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies68
  • 7D-2.3%
  • 3M14.0%
  • 1Y35.1%
  • YTD44.7%

Over the last 7 days, the Construction industry has dropped 2.3%, driven by EMCOR Group declining 3.9%. In contrast, Everus Construction Group has gained 7.6%. In the past year, the industry has gained 35%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the U.S. Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Nov 2025US$275.1bUS$164.5bUS$9.9b33.6x27.8x1.7x
Wed, 08 Oct 2025US$268.2bUS$160.0bUS$9.9b36x27x1.7x
Fri, 05 Sep 2025US$238.1bUS$157.7bUS$10.0b35.5x23.8x1.5x
Sun, 03 Aug 2025US$233.9bUS$156.2bUS$9.7b32.7x24x1.5x
Tue, 01 Jul 2025US$220.4bUS$153.2bUS$7.2b32.4x30.8x1.4x
Thu, 29 May 2025US$201.2bUS$153.2bUS$7.2b30.6x28.1x1.3x
Sat, 26 Apr 2025US$164.8bUS$149.9bUS$6.9b22.8x24x1.1x
Mon, 24 Mar 2025US$160.7bUS$149.6bUS$6.8b24.8x23.7x1.1x
Wed, 19 Feb 2025US$177.2bUS$147.3bUS$6.0b29.7x29.6x1.2x
Fri, 17 Jan 2025US$199.7bUS$146.2bUS$3.9b36x50.8x1.4x
Sun, 15 Dec 2024US$198.6bUS$146.2bUS$3.9b31.2x50.6x1.4x
Tue, 12 Nov 2024US$201.2bUS$145.6bUS$3.8b35.4x52.9x1.4x
Thu, 10 Oct 2024US$181.8bUS$144.7bUS$4.0b34x45.7x1.3x
Sat, 07 Sep 2024US$151.8bUS$144.8bUS$4.0b26.4x38.1x1x
Mon, 05 Aug 2024US$151.9bUS$144.2bUS$3.8b24.4x40.2x1.1x
Wed, 03 Jul 2024US$152.2bUS$141.8bUS$3.4b24.1x44.2x1.1x
Fri, 31 May 2024US$165.0bUS$141.8bUS$3.4b25.9x48x1.2x
Sun, 28 Apr 2024US$152.4bUS$140.4bUS$3.5b24.4x43.6x1.1x
Tue, 26 Mar 2024US$152.8bUS$136.3bUS$3.5b25.2x44.1x1.1x
Thu, 22 Feb 2024US$128.4bUS$133.1bUS$3.6b26.1x35.2x1x
Sat, 20 Jan 2024US$121.3bUS$135.2bUS$3.6b23.2x33.9x0.9x
Mon, 18 Dec 2023US$125.9bUS$135.2bUS$3.6b24.6x35.4x0.9x
Wed, 15 Nov 2023US$108.2bUS$134.9bUS$3.5b22x30.7x0.8x
Fri, 13 Oct 2023US$112.7bUS$130.5bUS$3.4b20.5x33.6x0.9x
Sun, 10 Sep 2023US$120.2bUS$130.5bUS$3.4b21.8x35.7x0.9x
Tue, 08 Aug 2023US$121.4bUS$129.9bUS$3.6b19.4x33.4x0.9x
Thu, 06 Jul 2023US$118.1bUS$126.6bUS$3.2b19.7x36.5x0.9x
Sat, 03 Jun 2023US$111.0bUS$126.6bUS$3.2b18.9x34.3x0.9x
Mon, 01 May 2023US$108.0bUS$123.7bUS$3.3b22.9x32.8x0.9x
Wed, 29 Mar 2023US$107.0bUS$122.8bUS$3.2b23.3x33.2x0.9x
Fri, 24 Feb 2023US$110.2bUS$120.7bUS$3.0b22.4x36.2x0.9x
Sun, 22 Jan 2023US$104.7bUS$115.1bUS$2.8b24.6x36.8x0.9x
Tue, 20 Dec 2022US$102.5bUS$115.9bUS$2.9b22.4x35.3x0.9x
Thu, 17 Nov 2022US$105.6bUS$115.5bUS$2.9b24.8x36.7x0.9x
Price to Earnings Ratio

36.7x


Total Market Cap: US$105.6bTotal Earnings: US$2.9bTotal Revenue: US$115.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 36.4x202320242025
Current Industry PE
  • Investors are pessimistic on the American 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 27.8x which is lower than its 3-year average PE of 36.4x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 51% per year over the last three years.
  • Revenues for these companies have grown 13% 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 U.S. Industrials industry?

US Market-1.96%
Industrials-1.73%
Construction-2.33%
Construction and Engineering-2.33%
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
ECG Everus Construction GroupUS$97.817.6%
+US$353.0m		55.4%PE27.6x
MYRG MYR GroupUS$233.487.2%
+US$245.0m		57.1%PE37.1x
IESC IES HoldingsUS$399.031.8%
+US$142.0m		39.7%PE29.9x
STRL Sterling InfrastructureUS$377.84-0.02%
US$111.4m		95.2%PE36.8x
HUHU HUHUTECH International GroupUS$10.0758.6%
+US$86.2m		139.2%PS12.2x

Latest News

IESC
US$399.03
IES Holdings
7D
1.8%
1Y
39.7%

Calculating The Fair Value Of IES Holdings, Inc. (NASDAQ:IESC)

Nov 09
Calculating The Fair Value Of IES Holdings, Inc. (NASDAQ:IESC)
PRIM
US$125.45
Primoris Services
7D
-11.4%
1Y
53.7%
FLR
US$45.72
Fluor
7D
-6.3%
1Y
-10.2%
CTRI
US$20.99
Centuri Holdings
7D
4.0%
1Y
3.0%

Centuri Holdings, Inc. Just Missed EPS By 90%: Here's What Analysts Think Will Happen Next

Nov 08
Centuri Holdings, Inc. Just Missed EPS By 90%: Here's What Analysts Think Will Happen Next
WSC
US$18.28
WillScot Holdings
7D
-16.0%
1Y
-53.4%
HUHU
US$10.07
HUHUTECH International Group
7D
58.6%
1Y
139.2%

Revenues Tell The Story For HUHUTECH International Group Inc. (NASDAQ:HUHU) As Its Stock Soars 86%

Nov 08
Revenues Tell The Story For HUHUTECH International Group Inc. (NASDAQ:HUHU) As Its Stock Soars 86%
ECG
US$97.81
Everus Construction Group
7D
7.6%
1Y
55.4%

Everus Construction Group, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 07
Everus Construction Group, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
MYRG
US$233.48
MYR Group
7D
7.2%
1Y
57.1%

MYRG: Transmission And Distribution Momentum Will Drive Cautious Optimism Into Earnings Season

Analysts have raised MYR Group's fair value estimate by $10 to $228 per share, citing stronger than expected growth in transmission and distribution activity and improved bidding momentum as key factors supporting the revised outlook. Analyst Commentary Recent analyst updates on MYR Group highlight a mix of optimism and caution, with views reflecting both the company's near-term momentum and considerations around valuation.
PWR
US$445.01
Quanta Services
7D
-0.9%
1Y
34.5%

PWR: Continued Power Market Expansion Will Drive Balanced Earnings Outlook Ahead

Quanta Services’ analyst fair value estimate has increased from $432.68 to $463.88. Analysts cite strong earnings performance, continued strength across its key business segments, and expanding opportunities in power generation and infrastructure markets as critical drivers of this upward revision.
ACM
US$130.75
AECOM
7D
-2.7%
1Y
18.4%

ACM: Growth Opportunities and Ongoing Projects Are Expected to Support Steady Performance

Analysts have increased their price target for AECOM from $140.50 to $141.75, reflecting updated expectations for growth and profitability. What's in the News Jacobs and AECOM have been appointed by New Murabba Development Company to provide design services for The Mukaab, the centerpiece of Riyadh's New Murabba development.
STRL
US$377.84
Sterling Infrastructure
7D
-0.02%
1Y
95.2%

STRL: E-Infrastructure Backlog Expansion Will Face Execution Risks Ahead

Analysts have increased their fair value estimate for Sterling Infrastructure from $355 to $390 per share. They cite a stronger outlook for revenue growth and profit margins as the company capitalizes on its expanding backlog and diversified infrastructure services.
EME
US$649.34
EMCOR Group
7D
-3.9%
1Y
26.3%

EME: Future U.S. Reshoring Trends Will Drive Demand And Margin Recovery

EMCOR Group's analyst price target has increased from $716.00 to $758.50. This change reflects analyst expectations for continued demand amid robust U.S. industrial reshoring trends and stabilized operating margins, despite recent project-specific challenges.
GLDD
US$12.25
Great Lakes Dredge & Dock
7D
7.9%
1Y
-3.5%
LGN
US$35.49
Legence
7D
-14.2%
1Y
n/a
FIX
US$955.26
Comfort Systems USA
7D
-1.1%
1Y
106.7%
AGX
US$311.58
Argan
7D
1.8%
1Y
100.6%

Power Demand Cycle And Project Backlog Will Drive Multi-Year Expansion

Argan's analyst price target has risen significantly, with projections now at $315 from the prior $220. Analysts cite surging demand for AI-driven power infrastructure and robust project backlogs as key factors supporting a more optimistic outlook.