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

U.S. Construction Industry Analysis

UpdatedAug 09, 2026
DataAggregated Company Financials
Companies65
  • 7D1.4%
  • 3M-15.2%
  • 1Y54.8%
  • YTD35.6%

Over the last 7 days, the Construction industry has risen 1.4%, and Fluor contributed the most with a gain of 14%. In the same time, Sterling Infrastructure was down 8.3%. In the last 12 months, the industry was up 55%. 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
Sun, 09 Aug 2026US$387.0bUS$188.7bUS$5.9b40.4x65.9x2.1x
Tue, 07 Jul 2026US$400.8bUS$180.4bUS$7.6b41.6x52.7x2.2x
Thu, 04 Jun 2026US$424.5bUS$180.3bUS$7.7b48.4x55.5x2.4x
Sat, 02 May 2026US$426.0bUS$177.7bUS$7.1b46.3x59.8x2.4x
Mon, 30 Mar 2026US$333.9bUS$173.4bUS$6.7b34x49.5x1.9x
Wed, 25 Feb 2026US$350.2bUS$170.4bUS$6.7b33.6x52x2.1x
Fri, 23 Jan 2026US$305.0bUS$165.7bUS$10.0b37.6x30.5x1.8x
Sun, 21 Dec 2025US$271.1bUS$165.7bUS$10.0b32x27.1x1.6x
Tue, 18 Nov 2025US$267.3bUS$164.7bUS$9.9b32.5x27.1x1.6x
Thu, 16 Oct 2025US$270.9bUS$160.0bUS$9.9b36.8x27.3x1.7x
Sat, 13 Sep 2025US$252.1bUS$160.0bUS$10.0b35.3x25.3x1.6x
Mon, 11 Aug 2025US$239.2bUS$157.4bUS$9.9b33.4x24.1x1.5x
Wed, 09 Jul 2025US$223.6bUS$153.2bUS$7.2b31.2x31.2x1.5x
Fri, 06 Jun 2025US$205.5bUS$153.2bUS$7.2b32x28.6x1.3x
Sun, 04 May 2025US$181.8bUS$152.2bUS$7.0b24.3x25.8x1.2x
Tue, 01 Apr 2025US$153.2bUS$149.6bUS$6.8b21.4x22.6x1x
Thu, 27 Feb 2025US$166.0bUS$149.4bUS$6.7b27.1x24.6x1.1x
Sat, 25 Jan 2025US$211.7bUS$146.3bUS$3.9b36.1x53.9x1.4x
Mon, 23 Dec 2024US$191.2bUS$146.2bUS$3.9b29.2x48.7x1.3x
Wed, 20 Nov 2024US$197.2bUS$145.7bUS$3.9b34.7x50.7x1.4x
Fri, 18 Oct 2024US$188.0bUS$144.7bUS$4.0b35.1x47.3x1.3x
Sun, 15 Sep 2024US$166.2bUS$144.8bUS$4.0b29x41.8x1.1x
Tue, 13 Aug 2024US$156.7bUS$145.1bUS$4.0b24.5x39.4x1.1x
Thu, 11 Jul 2024US$152.8bUS$141.8bUS$3.4b24.4x44.4x1.1x
Sat, 08 Jun 2024US$159.4bUS$141.8bUS$3.4b25x46.3x1.1x
Mon, 06 May 2024US$154.1bUS$141.1bUS$3.4b24.9x45.3x1.1x
Wed, 03 Apr 2024US$153.1bUS$136.2bUS$3.5b24.7x44.3x1.1x
Fri, 01 Mar 2024US$139.5bUS$135.9bUS$3.5b26.5x39.7x1x
Sun, 28 Jan 2024US$121.6bUS$135.2bUS$3.6b24.4x34x0.9x
Tue, 26 Dec 2023US$126.8bUS$135.1bUS$3.6b25.4x35.5x0.9x
Thu, 23 Nov 2023US$113.1bUS$135.0bUS$3.5b22.3x32x0.8x
Sat, 21 Oct 2023US$104.3bUS$130.5bUS$3.4b19.2x31.1x0.8x
Mon, 18 Sep 2023US$118.1bUS$130.5bUS$3.4b20.7x35.2x0.9x
Wed, 16 Aug 2023US$121.3bUS$130.7bUS$3.3b21.5x36.5x0.9x
Price to Earnings Ratio

36.5x


Total Market Cap: US$121.3bTotal Earnings: US$3.3bTotal Revenue: US$130.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 38.6x202420252026
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 65.9x which is higher than its 3-year average PE of 38.6x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 21% 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 Market4.18%
Industrials3.85%
Construction1.42%
Construction and Engineering1.42%
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
FLR FluorUS$57.0013.6%
+US$953.9m		36.1%PS0.5x
ROAD Construction PartnersUS$119.7415.9%
+US$953.0m		6.7%PE47.7x
APG APi GroupUS$41.725.1%
+US$881.6m		21.1%PS2.1x
EME EMCOR GroupUS$816.902.4%
+US$858.8m		32.1%PE25x
TPC Tutor PeriniUS$99.1118.3%
+US$803.6m		75.7%PE42x

Latest News

FLR
US$57.00
Fluor
7D
13.6%
1Y
36.1%
ROAD
US$119.74
Construction Partners
7D
15.9%
1Y
6.7%
ECG
US$136.89
Everus Construction Group
7D
9.1%
1Y
91.7%
TPC
US$99.11
Tutor Perini
7D
18.3%
1Y
75.7%
PRIM
US$82.63
Primoris Services
7D
-2.1%
1Y
-25.7%
Analysis Article • Aug 08

Primoris Services Corporation (NYSE:PRIM) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Last week, you might have seen that Primoris Services Corporation ( NYSE:PRIM ) released its second-quarter result to...
STRL
US$547.06
Sterling Infrastructure
7D
-8.3%
1Y
80.7%
Analysis Article • Aug 08

Sterling Infrastructure, Inc. Just Beat Revenue Estimates By 14%

As you might know, Sterling Infrastructure, Inc. ( NASDAQ:STRL ) just kicked off its latest quarterly results with some...
FIX
US$1,694.55
Comfort Systems USA
7D
-2.0%
1Y
145.0%
Narrative Update • Aug 07

FIX: AI Data Center Backlog Will Drive Future P/E Re-Rating

Analysts have raised their fair value estimate for Comfort Systems USA to $2,500 from $2,200, citing higher price targets across the Street, strong order trends in data center related work, and expectations for continued operating leverage from modular projects. Analyst Commentary Recent research on Comfort Systems USA points to a generally constructive view on the stock, with several bullish analysts updating price targets and initiating coverage.
MTZ
US$272.46
MasTec
7D
3.6%
1Y
50.3%
Narrative Update • Aug 07

MTZ: Data Center Backlog And Superior Acquisition Will Support Future Upside

MasTec's updated fair value estimate moves from about $349 to about $427, reflecting analysts' revised mix of higher modeled revenue growth, slightly different discount rate assumptions, and modestly adjusted profitability and P/E expectations following recent shifts in price targets across the Street. Analyst Commentary Recent research on MasTec shows a split between bullish analysts who still see attractive upside potential and more cautious analysts who are trimming expectations after the latest quarterly results and sector moves.
LMB
US$48.70
Limbach Holdings
7D
-32.1%
1Y
-57.4%
Analysis Article • Aug 07

Earnings Miss: Limbach Holdings, Inc. Missed EPS By 47% And Analysts Are Revising Their Forecasts

Limbach Holdings, Inc. ( NASDAQ:LMB ) just released its latest quarterly report and things are not looking great. It...
CTRI
US$23.85
Centuri Holdings
7D
-14.3%
1Y
19.4%
Narrative Update • Aug 07

CTRI: New Commercial Awards And Pipeline Execution Will Support Future Upside

Analysts have reset expectations for Centuri Holdings with a lower blended price target centered around $33. This reflects updated Q2 models, a fair value move from about $46 to $36, a slightly higher discount rate, and revised assumptions for revenue growth, profit margins, and future P/E multiples.
APG
US$41.72
APi Group
7D
5.1%
1Y
21.1%
PWR
US$671.86
Quanta Services
7D
0.7%
1Y
74.0%
EME
US$816.90
EMCOR Group
7D
2.4%
1Y
32.1%
Narrative Update • Aug 05

EME: Data Center And High Tech Projects Will Drive Future Upside

The analyst price target for EMCOR Group has been raised from $1,123 to $1,200 as analysts highlight the company’s exposure to high-tech manufacturing projects and data center development, and describe it as a higher-quality infrastructure services provider with potential long-term compounding and acquisition options. What’s in the News for EMCOR Group EMCOR Group reported record Q2 2026 earnings with EPS of US$9.06, which was over 25% above analyst estimates, on revenue of about US$5.15b.
NWPX
US$119.72
NWPX Infrastructure
7D
-2.7%
1Y
147.4%
PHOE
US$19.35
Phoenix Asia Holdings
7D
-18.3%
1Y
135.1%
AIAI
US$4.00
AIAI Holdings
7D
-19.8%
1Y
n/a