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U.S. Construction Industry Analysis

UpdatedMay 14, 2026
DataAggregated Company Financials
Companies66
  • 7D-2.2%
  • 3M35.0%
  • 1Y116.4%
  • YTD59.1%

The Construction industry is down 2.2% over the last week with AECOM the worst performer, down 16%. Over the past 12 months, the industry was up 116%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 May 2026US$448.2bUS$179.0bUS$7.6b48.2x59x2.5x
Sat, 11 Apr 2026US$364.6bUS$172.5bUS$6.7b37.7x54.7x2.1x
Mon, 09 Mar 2026US$325.6bUS$173.7bUS$6.7b32.4x48.9x1.9x
Wed, 04 Feb 2026US$306.5bUS$165.9bUS$10.0b36.9x30.5x1.8x
Fri, 02 Jan 2026US$267.3bUS$165.7bUS$10.0b30.3x26.7x1.6x
Sun, 30 Nov 2025US$280.8bUS$165.4bUS$10.0b34.2x28.2x1.7x
Tue, 28 Oct 2025US$284.5bUS$160.7bUS$10.1b35.1x28.2x1.8x
Thu, 25 Sep 2025US$259.8bUS$160.0bUS$9.9b35.9x26.2x1.6x
Sat, 23 Aug 2025US$236.7bUS$157.7bUS$10.0b32.4x23.7x1.5x
Mon, 21 Jul 2025US$230.5bUS$153.2bUS$7.2b33.3x32.2x1.5x
Wed, 18 Jun 2025US$209.5bUS$153.2bUS$7.2b29.3x29.3x1.4x
Fri, 16 May 2025US$197.6bUS$153.1bUS$7.2b28.8x27.5x1.3x
Sun, 13 Apr 2025US$156.9bUS$149.6bUS$6.8b23.5x23.1x1x
Tue, 11 Mar 2025US$153.2bUS$149.6bUS$6.8b21.9x22.7x1x
Thu, 06 Feb 2025US$184.4bUS$146.4bUS$4.0b32.6x45.6x1.3x
Sat, 04 Jan 2025US$187.2bUS$146.2bUS$3.9b30.6x47.6x1.3x
Mon, 02 Dec 2024US$207.4bUS$146.1bUS$3.9b35.5x53.1x1.4x
Wed, 30 Oct 2024US$187.7bUS$145.2bUS$4.2b32.7x45.2x1.3x
Fri, 27 Sep 2024US$177.4bUS$144.8bUS$4.0b31.8x44.6x1.2x
Sun, 25 Aug 2024US$166.3bUS$144.7bUS$4.0b27.7x41.8x1.1x
Tue, 23 Jul 2024US$159.9bUS$141.8bUS$3.4b27.1x46.4x1.1x
Thu, 20 Jun 2024US$164.6bUS$141.8bUS$3.4b25.2x47.8x1.2x
Sat, 18 May 2024US$158.7bUS$141.8bUS$3.4b25x46x1.1x
Mon, 15 Apr 2024US$149.0bUS$136.3bUS$3.5b24.5x43.1x1.1x
Wed, 13 Mar 2024US$143.4bUS$136.3bUS$3.5b25.4x41.4x1.1x
Fri, 09 Feb 2024US$127.1bUS$132.8bUS$3.6b25.1x35.1x1x
Sun, 07 Jan 2024US$120.6bUS$135.1bUS$3.6b24.1x33.8x0.9x
Tue, 05 Dec 2023US$117.8bUS$135.1bUS$3.5b22.9x33.3x0.9x
Thu, 02 Nov 2023US$105.7bUS$132.8bUS$3.3b20.8x32.2x0.8x
Sat, 30 Sep 2023US$114.7bUS$130.5bUS$3.4b20.5x34.2x0.9x
Mon, 28 Aug 2023US$120.4bUS$130.4bUS$3.4b21.4x35.9x0.9x
Wed, 26 Jul 2023US$122.7bUS$126.7bUS$3.2b20.9x38.6x1x
Fri, 23 Jun 2023US$117.3bUS$126.6bUS$3.2b19.8x36.3x0.9x
Sun, 21 May 2023US$109.3bUS$126.4bUS$3.2b20x34.1x0.9x
Price to Earnings Ratio

34.1x


Total Market Cap: US$109.3bTotal Earnings: US$3.2bTotal Revenue: US$126.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 37.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 59.0x which is higher than its 3-year average PE of 37.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 33% 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 U.S. Industrials industry?

US Market0.55%
Industrials-1.83%
Construction-2.25%
Construction and Engineering-2.25%
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
FIX Comfort Systems USAUS$2.03k1.2%
+US$813.2m		335.2%PE58.4x
PRIM Primoris ServicesUS$112.9411.6%
+US$635.3m		47.0%PE24.7x
MWH SOLV EnergyUS$46.7710.6%
+US$519.1m		n/aPE42.6x
WSC WillScot HoldingsUS$25.8910.6%
+US$450.7m		-13.6%PS2.1x
MYRG MYR GroupUS$467.972.9%
+US$205.4m		185.2%PE51.3x

Latest News

TPC
US$80.64
Tutor Perini
7D
-16.8%
1Y
123.7%
Analysis Article • 10h

We Think Tutor Perini's (NYSE:TPC) Robust Earnings Are Conservative

Tutor Perini Corporation's ( NYSE:TPC ) earnings announcement last week was disappointing for investors, despite the...
WSC
US$25.89
WillScot Holdings
7D
10.6%
1Y
-13.6%
GVA
US$143.13
Granite Construction
7D
0.5%
1Y
66.4%
MWH
US$46.77
SOLV Energy
7D
10.6%
1Y
n/a
APG
US$43.26
APi Group
7D
-6.6%
1Y
41.8%
PRIM
US$112.94
Primoris Services
7D
11.6%
1Y
47.0%
ACM
US$70.52
AECOM
7D
-16.0%
1Y
-34.1%
FLR
US$45.03
Fluor
7D
-16.9%
1Y
16.3%
Seeking Alpha • May 13

Fluor: Too Many Headwinds Are Emerging (Rating Downgrade)

Summary Fluor Corporation faces mounting headwinds after disappointing Q1 results, including an 8% revenue decline and weak adjusted EPS driven by legal and project cost overruns. AI data center construction and onshoring tailwinds are offset by economic slowdown risks, political uncertainty, and local pushback, complicating the near-term outlook. FLR's $1.4 billion share buyback, funded by the NuScale divestment, is viewed neutrally but signals limited reinvestment opportunities amid a challenging environment. With a 50% drop in new project awards and a complicated macro backdrop, I downgrade FLR to Hold. I will watch for concrete signs of economic and project momentum. Read the full article on Seeking Alpha
PWR
US$773.72
Quanta Services
7D
-1.5%
1Y
125.5%
STRL
US$854.28
Sterling Infrastructure
7D
-3.6%
1Y
356.3%
FIX
US$2,034.63
Comfort Systems USA
7D
1.2%
1Y
335.2%
CTRI
US$32.07
Centuri Holdings
7D
-23.3%
1Y
56.4%
EME
US$923.01
EMCOR Group
7D
-2.2%
1Y
97.8%
IESC
US$677.78
IES Holdings
7D
0.6%
1Y
153.4%
MYRG
US$467.97
MYR Group
7D
2.9%
1Y
185.2%
NWPX
US$113.48
NWPX Infrastructure
7D
2.1%
1Y
178.8%