undamentalytics Newsletter

Construction & Engineering stocks

45 US-listed companies in construction & engineering, with $190.6bn of combined revenue in their latest fiscal years. Quanta Services is the largest ($28.5bn). The fastest grower with at least $100m of revenue in both years is Cadeler A/s, up 160.6%. The median company grew 13.1% with a net margin of 3.6%.

Companies45
Combined revenue$190.6bn
Median revenue growth13.1%
Median net margin3.6%
Median return on equity17.6%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Quanta ServicesPWR $28.5bn 20.3% 3.6% 12.7% 2025
2 EmcorEME $17.0bn 16.6% 7.5% 38.5% 2025
3 AecomACM $16.1bn 0.2% 3.5% 24.0% 2025
4 Fluor CorpFLR $15.5bn −5.0% −0.3% −1.4% 2025
5 Mastec IncMTZ $14.3bn 16.2% 2.8% 12.9% 2025
6 Jacobs SolutionsJ $12.0bn 4.6% 2.4% 7.1% 2025
7 Ferrovial N.V.FER $10.9bn 10.0% 9.2% 15.2% 2025
8 Api Group CorpAPG $7.9bn 12.7% 3.8% 9.5% 2025
9 KBR, Inc.KBR $7.8bn 1.0% 5.3% 28.1% 2025
10 Primoris Services CorpPRIM $7.6bn 19.0% 3.6% 17.8% 2025
11 Stantec IncSTN $5.8bn 6.5% 5.9% 15.6% 2025
12 Dycom Industries IncDY $5.5bn 17.9% 5.1% 18.2% 2026
13 Tutor Perini CorpTPC $5.5bn 28.1% 1.5% 6.8% 2025
14 Granite Construction IncGVA $4.4bn 10.4% 4.4% 17.6% 2025
15 Everus Construction Group, Inc.ECG $3.7bn 31.5% 5.4% 38.3% 2025
16 MYR Group Inc.MYRG $3.7bn 8.8% 3.2% 18.8% 2025
17 IES Holdings, Inc.IESC $3.4bn 16.9% 9.1% 40.9% 2025
18 Centuri Holdings, Inc.CTRI $3.0bn 13.1% 0.8% 3.1% 2025
19 Construction Partners, Inc.ROAD $2.8bn 54.2% 3.6% 13.7% 2025
20 Legence Corp.LGN $2.6bn 21.5% −2.3% −15.2% 2025
21 Sterling Infrastructure, Inc.STRL $2.5bn 17.7% 11.7% 30.3% 2025
22 Comfort Systems USAFIX $1.8bn −73.9% 55.8% 49.2% 2025
23 Innovate Corp.VATE $1.2bn 12.5% −4.9% — 2025
24 Argan IncAGX $945m 8.1% 14.6% 33.8% 2026
25 Matrix Service CoMTRX $874m 13.6% −0.3% −1.8% 2026
26 Orion Group Holdings IncORN $852m 7.0% 0.3% 1.6% 2025
27 Southland Holdings, Inc.SLND $772m −21.2% −39.7% — 2025
28 Cadeler A/sCDLR $701m 160.6% 45.2% 20.8% 2025
29 Limbach Holdings, Inc.LMB $647m 24.7% 6.0% 22.4% 2025
30 Shimmick CorpSHIM $493m 2.6% −5.2% — 2025
31 Cardinal Infrastructure Group Inc.CDNL $456m 44.7% 5.0% 55.5% 2025
32 Energy Services Of America CorpESOA $411m 16.8% — — 2025
33 Concrete Pumping Holdings, Inc.BBCP $393m −7.8% 1.6% 2.2% 2025
34 Solarmax Technology, Inc.SMXT $91m 295.8% −7.0% — 2025
35 Zeo Energy Corp.ZEO $69m −5.3% −20.2% — 2025
36 Skyline Builders Group Holding LtdKAZR $50m 8.9% 18.1% 20.6% 2026
37 Oneconstruction Group LtdONEG $49m −7.2% −26.8% — 2026
38 Founder Group LtdFGL $28m 42.6% −6.9% −34.7% 2025
39 Masonglory LtdMSGY $24m 1.0% −34.0% −135.4% 2026
40 Powerbank CorpPBK $20m −33.4% −88.5% −124.7% 2026
41 FBS Global LtdFBGL $20m 91.0% −7.9% −23.6% 2025
42 Megan Holdings Ltd.MGN $20m 48.5% 1.0% 2.1% 2025
43 Magnitude International LtdMAGH $15m 28.9% −12.2% −83.4% 2026
44 WF International Ltd.WXM $13m −13.7% −24.5% −71.9% 2025
45 Phoenix Asia Holdings LtdPHOE $7m −2.2% −16.7% −25.9% 2026

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other industrials industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.