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

U.S. Construction Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies66
  • 7D-8.8%
  • 3M18.0%
  • 1Y80.9%
  • YTD38.4%

Over the last 7 days, the Construction industry has dropped 8.8%, driven by Quanta Services declining 9.0%. On the other hand Concrete Pumping Holdings is actually up 37%. Over the past 12 months, the industry was up 81%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jun 2026US$415.1bUS$180.4bUS$7.7b43.6x54x2.3x
Sun, 10 May 2026US$442.6bUS$178.7bUS$7.6b48x58.3x2.5x
Tue, 07 Apr 2026US$343.0bUS$172.5bUS$6.7b35.1x51.5x2x
Thu, 05 Mar 2026US$345.5bUS$173.3bUS$6.7b33.6x51.7x2x
Sat, 31 Jan 2026US$308.5bUS$165.7bUS$10.0b34.8x30.8x1.9x
Mon, 29 Dec 2025US$275.3bUS$165.7bUS$10.0b31.9x27.5x1.7x
Wed, 26 Nov 2025US$270.4bUS$165.4bUS$10.0b33.1x27.1x1.6x
Fri, 24 Oct 2025US$260.3bUS$160.0bUS$9.9b33.7x26.2x1.6x
Sun, 21 Sep 2025US$257.9bUS$160.0bUS$9.9b36.5x26x1.6x
Tue, 19 Aug 2025US$236.5bUS$157.6bUS$10.0b34x23.7x1.5x
Thu, 17 Jul 2025US$224.2bUS$153.2bUS$7.2b32.7x31.3x1.5x
Sat, 14 Jun 2025US$207.9bUS$153.2bUS$7.2b29.7x28.9x1.4x
Mon, 12 May 2025US$187.2bUS$152.9bUS$7.2b26.4x26.2x1.2x
Wed, 09 Apr 2025US$143.6bUS$149.6bUS$6.8b20.5x21.2x1x
Fri, 07 Mar 2025US$159.7bUS$149.6bUS$6.8b23.6x23.6x1.1x
Sun, 02 Feb 2025US$187.9bUS$146.2bUS$3.9b32.5x47.6x1.3x
Tue, 31 Dec 2024US$188.9bUS$146.2bUS$3.9b32.5x48.1x1.3x
Thu, 28 Nov 2024US$208.5bUS$146.1bUS$3.9b35.1x53.4x1.4x
Sat, 26 Oct 2024US$185.3bUS$145.2bUS$4.2b32.3x44.6x1.3x
Mon, 23 Sep 2024US$177.4bUS$144.8bUS$4.0b30.9x44.6x1.2x
Wed, 21 Aug 2024US$162.8bUS$144.6bUS$4.0b25.8x41x1.1x
Fri, 19 Jul 2024US$157.5bUS$141.8bUS$3.4b26.3x45.8x1.1x
Sun, 16 Jun 2024US$161.1bUS$141.8bUS$3.4b24.7x46.8x1.1x
Tue, 14 May 2024US$159.7bUS$141.8bUS$3.5b25.6x46.1x1.1x
Thu, 11 Apr 2024US$151.7bUS$136.2bUS$3.5b23.4x43.8x1.1x
Sat, 09 Mar 2024US$145.9bUS$136.2bUS$3.5b25.9x42.1x1.1x
Mon, 05 Feb 2024US$126.8bUS$135.2bUS$3.6b24.7x35.3x0.9x
Wed, 03 Jan 2024US$124.7bUS$135.1bUS$3.6b25x34.9x0.9x
Fri, 01 Dec 2023US$114.3bUS$135.1bUS$3.5b22.1x32.3x0.8x
Sun, 29 Oct 2023US$103.2bUS$131.2bUS$3.3b19.8x30.9x0.8x
Tue, 26 Sep 2023US$113.8bUS$130.5bUS$3.4b20.4x33.9x0.9x
Thu, 24 Aug 2023US$121.6bUS$130.4bUS$3.4b21.3x36.3x0.9x
Sat, 22 Jul 2023US$121.4bUS$126.6bUS$3.2b21x37.6x1x
Mon, 19 Jun 2023US$115.1bUS$126.6bUS$3.2b19.7x35.6x0.9x
Price to Earnings Ratio

35.6x


Total Market Cap: US$115.1bTotal Earnings: US$3.2bTotal Revenue: US$126.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 37.8x202420252026
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 54.0x which is higher than its 3-year average PE of 37.8x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.3x.
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 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-4.05%
Industrials-3.24%
Construction-8.77%
Construction and Engineering-8.77%
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
WSC WillScot HoldingsUS$27.413.5%
+US$168.3m		-1.3%PS2.2x
BBCP Concrete Pumping HoldingsUS$11.1439.6%
+US$159.2m		82.0%PE76.2x
ACA ArcosaUS$126.952.3%
+US$142.9m		44.7%PE28.4x
APG APi GroupUS$42.660.6%
+US$112.6m		32.7%PS2.3x
TPC Tutor PeriniUS$73.611.7%
+US$64.7m		72.3%PE49.6x

Latest News

BBCP
US$11.14
Concrete Pumping Holdings
7D
39.6%
1Y
82.0%
STRL
US$838.55
Sterling Infrastructure
7D
-15.6%
1Y
310.4%
AGX
US$623.66
Argan
7D
-9.5%
1Y
180.8%
EME
US$811.53
EMCOR Group
7D
-4.0%
1Y
70.9%
PWR
US$683.29
Quanta Services
7D
-5.0%
1Y
90.5%
APG
US$42.66
APi Group
7D
0.6%
1Y
32.7%
PRIM
US$94.50
Primoris Services
7D
-26.0%
1Y
28.2%
TPC
US$73.61
Tutor Perini
7D
1.7%
1Y
72.3%
HUHU
US$8.95
HUHUTECH International Group
7D
7.8%
1Y
82.6%
DY
US$464.57
Dycom Industries
7D
-4.9%
1Y
97.2%
Seeking Alpha • Jun 08

Dycom Industries: A Prime AI Beneficiary Keeps On Making Moves

Summary Dycom has been a key beneficiary of the AI trend. Rapid growth for its services boosts sales growth and margins and pushes up multiples as well. The company is savvily using this strength to engage in interesting bolt-on M&A. There is much to like, yet expectations have run a bit high to create a compelling risk-reward in my view. Read the full article on Seeking Alpha
ACA
US$126.95
Arcosa
7D
2.3%
1Y
44.7%
MTZ
US$358.50
MasTec
7D
-4.3%
1Y
119.5%
FIX
US$1,843.42
Comfort Systems USA
7D
-3.7%
1Y
267.8%
Narrative Update • Jun 06

FIX: Data Center And Modular Backlog Strength Will Test Concentration And Execution Risks

Analysts have adjusted the price target for Comfort Systems USA to $1,910, reflecting updated assumptions for slightly higher revenue growth and profit margins, supported by new Buy and Outperform initiations that cite strong expected demand from complex, technology-driven projects. Analyst Commentary Recent research coverage on Comfort Systems USA highlights a mix of optimism about end market demand and caution around how much good news is already reflected in the stock.
WSC
US$27.41
WillScot Holdings
7D
3.5%
1Y
-1.3%
Narrative Update • Jun 05

WSC: Raised Outlook And Ongoing Buybacks Will Shape Future Returns

Analysts lifted their average price target for WillScot stock by $2 to $24, citing modest improvements in modeled revenue growth, profit margins, and the stock's future P/E assumptions. Analyst Commentary Recent research points to a mixed backdrop for WillScot Holdings, with several firms adjusting price targets and refining views on the stock's risk and reward profile.
CDNL
US$65.29
Cardinal Infrastructure Group
7D
3.3%
1Y
n/a
NWPX
US$129.22
NWPX Infrastructure
7D
5.4%
1Y
229.4%
Narrative Update • Jun 03

NWPX: Share Buybacks Will Struggle To Justify Rich Future Multiple

Analysts have reset the fair value estimate for NWPX Infrastructure stock from $84 to $99, citing updated assumptions regarding discount rates, revenue growth, profit margins, and a higher future P/E multiple. What's in the News NWPX Infrastructure reported that from January 1, 2026 to March 31, 2026, it repurchased 32,662 shares, representing 0.34% of its shares, for a total of US$2.19 million.