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

U.S. Construction Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies63
  • 7D3.9%
  • 3M25.1%
  • 1Y128.0%
  • YTD31.3%

Over the last 7 days, the Construction industry has risen 9.8%, driven by gains from Comfort Systems USA of 8.1%. This means that the industry has gained 127% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026US$374.7bUS$172.5bUS$6.7b38.2x56.3x2.2x
Sat, 14 Mar 2026US$333.4bUS$173.7bUS$6.7b32.9x50.1x1.9x
Mon, 09 Feb 2026US$323.2bUS$166.1bUS$10.1b38.3x32.1x1.9x
Wed, 07 Jan 2026US$282.8bUS$165.7bUS$10.0b32.5x28.3x1.7x
Fri, 05 Dec 2025US$278.2bUS$165.4bUS$10.0b34.5x27.9x1.7x
Sun, 02 Nov 2025US$281.4bUS$163.6bUS$10.3b34.5x27.3x1.7x
Tue, 30 Sep 2025US$260.8bUS$160.0bUS$9.9b34.7x26.3x1.6x
Thu, 28 Aug 2025US$242.4bUS$157.7bUS$10.0b34x24.2x1.5x
Sat, 26 Jul 2025US$233.3bUS$153.6bUS$7.1b33.9x32.7x1.5x
Mon, 23 Jun 2025US$208.8bUS$153.2bUS$7.2b29.6x29.2x1.4x
Wed, 21 May 2025US$197.9bUS$153.1bUS$7.2b30.3x27.6x1.3x
Fri, 18 Apr 2025US$156.6bUS$149.6bUS$6.8b21.3x23.1x1x
Sun, 16 Mar 2025US$158.8bUS$149.6bUS$6.8b24.6x23.5x1.1x
Tue, 11 Feb 2025US$192.2bUS$146.6bUS$4.0b35.2x47.7x1.3x
Thu, 09 Jan 2025US$191.4bUS$146.2bUS$3.9b32x48.7x1.3x
Sat, 07 Dec 2024US$205.9bUS$146.2bUS$3.9b32.6x52.4x1.4x
Mon, 04 Nov 2024US$185.2bUS$146.8bUS$4.2b33.1x43.8x1.3x
Wed, 02 Oct 2024US$178.0bUS$144.7bUS$4.0b31.7x44.8x1.2x
Fri, 30 Aug 2024US$163.7bUS$144.7bUS$4.0b27.6x41.1x1.1x
Sun, 28 Jul 2024US$162.0bUS$142.9bUS$3.6b25.8x44.8x1.1x
Tue, 25 Jun 2024US$162.5bUS$141.8bUS$3.4b25x47.2x1.1x
Thu, 23 May 2024US$162.8bUS$141.7bUS$3.4b25.7x47.4x1.1x
Sat, 20 Apr 2024US$145.4bUS$139.2bUS$3.3b24.1x44x1x
Mon, 18 Mar 2024US$144.6bUS$136.3bUS$3.5b24.4x41.7x1.1x
Wed, 14 Feb 2024US$127.3bUS$132.9bUS$3.6b24.6x35.1x1x
Fri, 12 Jan 2024US$122.5bUS$135.1bUS$3.6b23.4x34.3x0.9x
Sun, 10 Dec 2023US$119.6bUS$135.2bUS$3.6b22.8x33.6x0.9x
Tue, 07 Nov 2023US$106.7bUS$134.3bUS$3.6b20.9x29.5x0.8x
Thu, 05 Oct 2023US$111.5bUS$130.5bUS$3.4b20.2x33.2x0.9x
Sat, 02 Sep 2023US$124.3bUS$130.4bUS$3.4b22x37.1x1x
Mon, 31 Jul 2023US$122.0bUS$127.5bUS$3.2b20x37.7x1x
Wed, 28 Jun 2023US$118.1bUS$126.6bUS$3.2b19.7x36.6x0.9x
Fri, 26 May 2023US$106.7bUS$126.4bUS$3.2b19.7x33.2x0.8x
Sun, 23 Apr 2023US$105.3bUS$122.8bUS$3.2b22.2x32.8x0.9x
Price to Earnings Ratio

32.8x


Total Market Cap: US$105.3bTotal Earnings: US$3.2bTotal Revenue: US$122.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 36.6x202420252026
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 56.0x which is higher than its 3-year average PE of 36.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 28% 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 Market3.42%
Industrials0.93%
Construction3.94%
Construction and Engineering3.94%
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$1.65k8.1%
+US$4.4b		372.3%PE56.6x
PWR Quanta ServicesUS$591.822.7%
+US$2.6b		119.6%PE86.4x
MTZ MasTecUS$365.074.9%
+US$1.3b		210.9%PE71.2x
STRL Sterling InfrastructureUS$456.087.7%
+US$1.0b		224.8%PE48.2x
LGN LegenceUS$69.5420.4%
+US$794.6m		n/aPS1.8x

Latest News

PWR
US$591.82
Quanta Services
7D
2.7%
1Y
119.6%
GVA
US$125.78
Granite Construction
7D
-0.1%
1Y
62.6%
EME
US$803.64
EMCOR Group
7D
1.8%
1Y
110.2%
FIX
US$1,648.96
Comfort Systems USA
7D
8.1%
1Y
372.3%
APG
US$44.88
APi Group
7D
2.4%
1Y
95.6%
MWH
US$33.49
SOLV Energy
7D
15.7%
1Y
n/a
STRL
US$456.08
Sterling Infrastructure
7D
7.7%
1Y
224.8%
MTZ
US$365.07
MasTec
7D
4.9%
1Y
210.9%

MTZ: Backlog And Data Center Pipeline Will Shape Balanced Future Outlook

MasTec's updated analyst price target has increased from $336.32 to $348.72. Analysts attribute the change to higher Street targets supported by stronger cross segment execution, improved backlog visibility, and expectations for continued revenue and margin progress across pipeline, data center, and power delivery projects.
JFB
US$5.81
JFB Construction Holdings
7D
-8.1%
1Y
161.4%
HUHU
US$10.22
HUHUTECH International Group
7D
-0.9%
1Y
134.9%
VMI
US$411.89
Valmont Industries
7D
-3.7%
1Y
46.5%
LGN
US$69.54
Legence
7D
20.4%
1Y
n/a
FLR
US$48.56
Fluor
7D
-1.2%
1Y
44.7%

FLR: Core Backlog And Cleaner Balance Sheet Will Support 2026 Reset

Analysts have raised their average price target on Fluor by about $4 to $61, citing expectations for stronger core bookings, a cleaner balance sheet, and less drag from NuScale as key supports for the updated view. Analyst Commentary Bullish analysts are leaning into a more constructive view on Fluor, pointing to cleaner financials, easing NuScale related headwinds, and healthier core bookings as reasons to revisit valuation.
ROAD
US$111.70
Construction Partners
7D
-2.9%
1Y
42.3%

ROAD: Q1 Execution And Buybacks Will Support Future Compounding Earnings Power

Analysts have nudged their price target higher to about $142 from roughly $138, citing Street research that highlights Construction Partners' recent Q1 performance as a relative bright spot and a business model they view as compounding, despite a rocky aggregates earnings season. Analyst Commentary Street research on Construction Partners has focused on how the latest fiscal Q1 results fit into a tougher aggregates earnings season and what that might mean for the stock's valuation and execution risk.
MSW
US$1.01
Ming Shing Group Holdings
7D
-6.5%
1Y
-70.1%
AGRZ
US$0.39
Agroz
7D
-12.0%
1Y
n/a