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U.S. Construction Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies68
  • 7D4.7%
  • 3M29.9%
  • 1Y101.6%
  • YTD58.0%

The Construction industry is up 4.7% in the last week, with Comfort Systems USA up 5.9%. This means that the industry has gained 102% over the past year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026US$431.9bUS$180.4bUS$7.6b48.9x56.8x2.4x
Thu, 21 May 2026US$411.5bUS$179.6bUS$7.6b48.9x54x2.3x
Sat, 18 Apr 2026US$366.5bUS$172.5bUS$6.7b39x55x2.1x
Mon, 16 Mar 2026US$329.7bUS$173.7bUS$6.7b32.9x49.5x1.9x
Wed, 11 Feb 2026US$330.2bUS$168.1bUS$10.1b38.7x32.5x2x
Fri, 09 Jan 2026US$282.6bUS$165.7bUS$10.0b33.1x28.2x1.7x
Sun, 07 Dec 2025US$280.4bUS$165.4bUS$10.0b34.2x28.1x1.7x
Tue, 04 Nov 2025US$281.4bUS$163.6bUS$10.3b34.6x27.3x1.7x
Thu, 02 Oct 2025US$264.7bUS$160.0bUS$9.9b36.1x26.7x1.7x
Sat, 30 Aug 2025US$245.3bUS$157.7bUS$10.0b34.5x24.5x1.6x
Mon, 28 Jul 2025US$245.7bUS$153.6bUS$7.1b33.9x34.4x1.6x
Wed, 25 Jun 2025US$215.9bUS$153.2bUS$7.2b30.3x30.1x1.4x
Fri, 23 May 2025US$196.1bUS$153.2bUS$7.2b30.5x27.3x1.3x
Sun, 20 Apr 2025US$156.1bUS$149.6bUS$6.8b21.3x23x1x
Tue, 18 Mar 2025US$158.8bUS$149.6bUS$6.8b24.9x23.5x1.1x
Thu, 13 Feb 2025US$187.1bUS$146.7bUS$4.0b30.6x46.4x1.3x
Sat, 11 Jan 2025US$190.0bUS$146.2bUS$3.9b33x48.4x1.3x
Mon, 09 Dec 2024US$205.0bUS$146.2bUS$3.9b32.6x52.2x1.4x
Wed, 06 Nov 2024US$183.1bUS$145.3bUS$4.0b32.6x46x1.3x
Fri, 04 Oct 2024US$177.8bUS$144.7bUS$4.0b31.8x44.7x1.2x
Sun, 01 Sep 2024US$167.7bUS$144.7bUS$4.0b28x42.2x1.2x
Tue, 30 Jul 2024US$162.0bUS$142.9bUS$3.6b26.2x44.8x1.1x
Thu, 27 Jun 2024US$161.8bUS$141.8bUS$3.4b24.6x47x1.1x
Sat, 25 May 2024US$163.1bUS$141.8bUS$3.4b26x47.4x1.2x
Mon, 22 Apr 2024US$144.8bUS$139.2bUS$3.3b23.8x43.9x1x
Wed, 20 Mar 2024US$146.2bUS$136.3bUS$3.5b24.9x42.2x1.1x
Fri, 16 Feb 2024US$130.7bUS$132.9bUS$3.7b26.9x35.5x1x
Sun, 14 Jan 2024US$122.3bUS$135.2bUS$3.6b23.1x34.2x0.9x
Tue, 12 Dec 2023US$120.7bUS$135.2bUS$3.6b22.7x33.9x0.9x
Thu, 09 Nov 2023US$104.7bUS$134.5bUS$3.6b19.3x28.8x0.8x
Sat, 07 Oct 2023US$110.5bUS$130.5bUS$3.4b20.3x33x0.8x
Mon, 04 Sep 2023US$124.3bUS$130.4bUS$3.4b22x37.1x1x
Wed, 02 Aug 2023US$123.8bUS$127.2bUS$3.3b20.2x37.9x1x
Fri, 30 Jun 2023US$118.8bUS$126.6bUS$3.2b19.9x36.8x0.9x
Price to Earnings Ratio

36.8x


Total Market Cap: US$118.8bTotal Earnings: US$3.2bTotal Revenue: US$126.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 38x202420252026
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 56.8x which is higher than its 3-year average PE of 38.0x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.4x.
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-1.82%
Industrials1.73%
Construction4.68%
Construction and Engineering4.68%
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$2.07k5.9%
+US$4.0b		310.9%PE59.4x
MTZ MasTecUS$406.329.3%
+US$2.7b		144.3%PE70.4x
PWR Quanta ServicesUS$740.142.2%
+US$2.4b		102.4%PE100.5x
STRL Sterling InfrastructureUS$932.757.6%
+US$2.0b		319.2%PE82.6x
AGX ArganUS$790.0014.7%
+US$1.4b		278.8%PE68.7x

Latest News

FIX
US$2,066.51
Comfort Systems USA
7D
5.9%
1Y
310.9%
ACM
US$67.86
AECOM
7D
-2.5%
1Y
-39.2%
ACA
US$144.90
Arcosa
7D
12.8%
1Y
66.9%
Seeking Alpha • 15h

CRH plc Is Gobbling Up Arcosa - And That's A Good Thing

Summary Arcosa, Inc. will be acquired by CRH plc for $150/share, a 25% premium, in an all-cash deal valued around $8.3 billion–$8.5 billion. ACA shareholders receive fair value; I downgrade ACA to Hold as further upside is limited post-announcement. CRH's acquisition strategy has driven growth; management targets 7%–9% annual revenue growth and 22%–24% EBITDA margins through 2030. Synergies are projected at $60M in year one, rising to $175M by year three, but increased leverage and execution risks remain. Read the full article on Seeking Alpha
STRL
US$932.75
Sterling Infrastructure
7D
7.6%
1Y
319.2%
PWR
US$740.14
Quanta Services
7D
2.2%
1Y
102.4%
AGX
US$790.00
Argan
7D
14.7%
1Y
278.8%
DY
US$468.01
Dycom Industries
7D
-0.7%
1Y
98.6%
Analysis Article • Jun 20

Dycom Industries (DY) Stock Could Be 28.3% Undervalued on Its Fiber And Data Center Narrative

Dycom Industries (DY) has drawn investor interest after recent share price moves, with the stock last closing at US$456.65 and the company reporting revenue of US$6.25b and net income of US$311.43m. See our latest analysis for Dycom Industries. Despite a small 1-day share price decline of 1.03% and a 7-day share price fall of 2.63%, Dycom Industries still shows strong momentum, with a 90-day share price return of 35.75% and a 1-year total shareholder return of 95.15%. These figures frame a...
VMI
US$583.00
Valmont Industries
7D
7.8%
1Y
80.3%
BWMN
US$30.18
Bowman Consulting Group
7D
-4.4%
1Y
8.0%
Narrative Update • Jun 18

BWMN: Future Revenue Upside Will Be Supported By Expanding Contract Wins

Analysts have lifted the Bowman Consulting Group price target by $8 to $48.33, citing updated research that points to a more constructive revenue outlook and refined valuation assumptions. Analyst Commentary Recent research on Bowman Consulting Group highlights a more constructive revenue outlook and adjustments to valuation assumptions that support the higher price target.
SLND
US$0.89
Southland Holdings
7D
-15.2%
1Y
-78.3%
Narrative Update • Jun 18

SLND: Lowered Price View Will Support Future Upside Potential

Analysts have lowered their price target on Southland Holdings stock by $5, citing updated assumptions that reflect a fair value estimate of $3.00, while keeping the discount rate, revenue growth, profit margin, and future P/E inputs unchanged. What’s in the News for Southland Holdings No recent Southland Holdings news items were provided in the primary source feed.
IESC
US$712.39
IES Holdings
7D
-1.9%
1Y
153.2%
Analysis Article • Jun 16

IES Holdings (IESC) Stock Could Be 25% Above Fair Value After $107.4 Million Insider Sales

Recent insider sales at IES Holdings (IESC), totaling an estimated $107.4 million over the past 3 months with no reported insider buying, have drawn attention as the stock trades well above its assessed intrinsic value. See our latest analysis for IES Holdings. Despite the latest 3.1% daily decline and a 1-week share price return that is slightly down, IES Holdings has very strong recent momentum. The company has a 30-day share price return of 6.5%, a 90-day share price return of 61.3% and a...
EME
US$868.88
EMCOR Group
7D
3.2%
1Y
75.7%
Narrative Update • Jun 12

EME: High Tech And Data Center Projects Will Test Compounding Narrative

Analysts have raised EMCOR Group's price target by $215 to $1,100, citing the company’s position in high-tech manufacturing and data center projects, as well as its potential for long-term compounding supported by acquisitions. Analyst Commentary Recent research highlights EMCOR Group's role in high tech manufacturing and data center projects, with several firms setting a US$1,100 price target and framing the company as a potential long term compounder supported by acquisition opportunities.
MTZ
US$406.32
MasTec
7D
9.3%
1Y
144.3%
Narrative Update • Jun 11

MTZ: Data Center And Infrastructure Backlog Will Support Future Margin Expansion

MasTec's analyst price targets have moved up by a few dollars to align more closely with a $480 to $500 range, as analysts factor in the company's detailed 2028 revenue, EBITDA and EPS goals, along with increased free cash flow and borrowing capacity highlighted at recent investor events. Analyst Commentary Recent Street research points to a cluster of higher price targets and supportive ratings for MasTec, centered in the upper end of the current US$480 to US$500 range.
CTRI
US$30.85
Centuri Holdings
7D
-2.3%
1Y
44.1%
KAZR
US$2.88
Skyline Builders Group Holding
7D
-4.8%
1Y
-77.8%
RITR
US$0.53
Reitar Logtech Holdings
7D
-11.1%
1Y
-89.9%