It’s no secret that the construction sector is a highly competitive industry, which makes the top contenders for the largest general contractors all the more notable. After all, the U.S. construction industry’s market size has been expected to grow 6.1% to reach $1.4 million in 2023, despite significant challenges like labor shortages.
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If you’re a general contractor, keeping an eye on industry news is absolutely vital. For this reason, this blog post will outline and expand on the largest construction companies in the United States in 2023, according to Engineering News-Record’s Top 400 Contractors report.
50 of the largest U.S. general contractors
Without further ado, here are the 50 largest general contractors in the United States.
Company | Annual revenue (USD unless otherwise noted) |
The Turner Corp. | $16,256,000,000 |
Bechtel | $11,986,000,000 |
Mastec Inc. | $11,605,000,000 |
Kiewit Corp. | $11,242,000,000 |
STO Building Group Inc. | $10,390,000,000 |
DPR Construction | $9,234,500,000 |
The Whiting-Turner Contracting Co. | $8,599,900,000 |
Fluor | $7,920,300,000 |
Clark Group | $7,219,300,000 |
Skanska USA | $6,873,600,000 |
Hensel Phelps | $6,419,600,000 |
Gilbane Building Co, | $6,333,800,000 |
PCL Construction Enterprises | $6,142,700,000 |
AECOM | $6,126,100,000 |
The Walsh Group | $5,898,600,000 |
JE Dunn Construction Group | $5,827,800,000 |
Arco Construction Cos. | $5,661,900,000 |
HITT Contracting Inc | $5,416,300,000 |
McCarthy Holdings Inc. | $5,291,800,000 |
Clayco | $5,216,000,000 |
Brasfield & Gorrie LLC | $5,000,800,000 |
Mortenson | $4,922,000,000 |
Tutor Perini Corp | $4,876,000,000 |
Suffolk Construction Co. Inc. | $4,822,700,000 |
Balfour Beatty US | $4,578,900,000 |
Holder Construction | $4,568,000,000 |
Ryan Cos. US Inc. | $4,053,000,000 |
Swinerton | $3,926,900,000 |
Hoffman Construction | $3,906,000,000 |
Burns & McDonnell | $3,871,200,000 |
Michels Corp | $3,866,100,000 |
Zachry Group | $3,704,600,000 |
Walbridge | $3,603,600,000 |
Dragados | $3,436,100,000 |
Granite Construction Inc | $3,301,200,000 |
Gray Construction Inc. | $3,187,500,000 |
Austin Industries | $3,181,000,000 |
Alberici-Flintco | $3,101,300,000 |
The Yates Cos. Inc. | $3,094,300,000 |
Consigli Building Group Inc. | $2,650,000,000 |
Black & Veatch | $2,611,100,000 |
Big-D Construction | $2,469,000,000 |
Moss | $2,468,800,000 |
Turner Industries Group LLC | $2,488,200,000 |
Devcon Construction Inc. | $2,350,000,000 |
Ferrovial Construction US Holdings Corp | $2,162,500,000 |
Alston Construction | $2,145,000,000 |
Flatiron Construction | $2,059,400,000 |
The Conlan Company | $2,025,400,000 |
David E. Harvey Builders Inc. | $1,731,000,000 |
The top 10 largest general contractors in the U.S.
With this list in mind, let’s delve deeper into the top 10 largest companies.
1. Turner Construction
Coming in at number one out of 400 top general contracting companies is Turner Construction, with a whopping $16 billion of revenue, a growth from their previous $14 billion. This company takes on large and complex projects in sectors like:
- Aviation and transportation
- Commercial
- Education
- Government and public
- Industrial and manufacturing
- Sports and public assembly
Founded in 1902 by Henry Turner, the company has since grown to an unprecedented size, employing thousands of employees as it takes on larger and larger megaprojects. Their website states that they specialize in the transformation of communities via innovative construction.
Some notable Turner Construction projects across the United States and internationally include:
- The SoFi Stadium in Inglewood, California
- The Stanford Bing Concert Hall in Stanford, California
- The Bee County Jail and Sheriff’s Office in Beeville, Texas
- The Ridge and KL East Mall in Kuala Lumpur, Malaysia
- The Emirates Towers in Dubai, United Arab Emirates
2. Bechtel
Bechtel is one of the largest general contractors in the U.S., employing thousands of workers and completing $12 billion worth of construction projects annually. It has completed more than 25,000 projects around the world since 1898.
With the mission of protecting the environment and helping to build a better world, Bechtel has placed emphasis on improving the resiliency of the world’s infrastructure, creating opportunities, and connecting communities to core resources.
Along with making their engineering processes more sustainable and finding solutions for security and public health challenges, they also operate in transformational infrastructure, which focuses on:
- Digital communication networks
- Data centers
- Transportation, such as aviation, rail, roads
- Future cities
- Project financing
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3. Mastec Inc.
A new contender on Engineering News-Record’s list of the top 400 largest general contractors, Mastec Inc. rose to be one of the biggest construction companies in the United States, with an annual revenue of $11.6 billion.
The company employs more than 20,000 skilled professionals, including tradespersons and various other workers. They have around 20 office and retail locations and have completed hundreds of projects across the country.
Mastec specializes in infrastructure construction, particularly in the building of power plants, oil and gas pipelines, water transmission systems, and more.
4. Kiewit Corporation
Kiewit Corporation conducts their business with integrity, in adherence to ethics while ruling the construction and engineering industry since 1884. They represent an award-winning company with a loyal team and a vast pool of resources. The Kiewit Corporation’s awards include:
- One of the Top 50 Best Workplaces by the Great Place to Work Institute Canada, 2011-2022
- No. 3 on Engineering News-Record’s list of Top 400 Contractors, 2022
- No. 5 on On-Site Magazine’s list of Top 40 Canadian Contractors, 2022
- Ranked No. 1 in Engineering News-Record Rankings 11 times, 2020
- Ranked in the top 5 in ENR Rankings 37 times, 2021
5. STO Building Group
Next on the list of the largest construction companies is STO Building Group (i.e., the Structure Tone organization), with an annual revenue of $10.3 billion, up from their previous $9.5 billion. Established in 1971, the firm has expanded into a family of construction companies, employing thousands of employees across numerous branches in North America and Europe.
While they operate in multiple sectors, from healthcare to education, their most notable work is on cultural centers, where they’ve been involved in structures for arts, entertainment, and broadcast media. They’ve built studios for companies like Bloomberg, ESPN, MTV, and more.
6. DPR Construction
Rising to number six from its previous tenth placement, DPR Construction remains in the top 10 as one of the largest construction companies, with a revenue of $9 billion. They describe themselves as a self-performing general contractor, operating on complex and highly technical construction projects.
Formed in 1990 in Redwood City, California, they now provide services for customers in the technology, commercial, healthcare, higher education, and life sciences sectors. Their portfolio includes experience with projects in North America, Europe, South America, and Asia.
7. The Whiting-Turner Contracting Co.
Falling from its previous fifth placement, the Whiting-Turner Contracting Company now sits at seventh place on Engineering News-Record’s list of largest construction companies. Although its annual revenue has fallen from its previous $8.7 billion, it’s still now a substantial $8.5 billion. The company is based in Baltimore, Maryland and was formed in 1909.
8. Fluor Corporation
The Fluor Corporation has also seen a fall in ranking, with its previous revenue of $11 billion coming down to $7.9 billion. The company’s reputation remains significant though, as they’ve been in business for more than 110 years. Headquartered in Irving, Texas, the company employs over 40,000 professionals. Their main service offerings include construction, engineering, and procurement.
9. Clark Group
The Clark Group makes a new appearance this year in the top 10, with $7 billion of annual revenue. Their founding goes way back to 1906, and since then, they’ve worked on numerous public and private construction projects. They currently employ more than 4,000 people, with a portfolio of companies including Guy F. Atkinson Construction, Shirley Contracting Company, C3M Power Systems, and more.
10. Skanska USA
Last (but not least) on our list of large general contracting companies is Skanska USA. While their parent company is based in Stockholm, Sweden, their U.S. branch alone has managed to pull in an annual revenue of $6.8 billion.
Their core mission is to build for a better society, as they provide services for hospitals, airports, power plants, and more. The company has offices all across the United States, employing thousands.
Some notable projects Skanska has worked on include:
- The Tampa International Airport (TPA) Main Terminal and Airport Concession Redevelopment Program
- Florida Polytechnic University in Lakeland, Florida
- The Bank of America Tower in Houston, Texas
- The Yotel San Francisco in California
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The largest construction companies have achieved amazing feats, and what they all have in common is a penchant for innovation. If you’re a construction company looking to get ahead in this highly competitive sector, you’ll need to adapt by enlisting the help of cutting-edge technological solutions.
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Frequently Asked Questions
What are the biggest construction companies in 2024?
The biggest construction companies in 2024 are expected to include China State Construction Engineering Corporation, Vinci, ACS Group, Bechtel, and Skanska.
Who is the largest construction material company in the world?
The largest construction material company in the world is LafargeHolcim, a leading supplier of cement, aggregates, and concrete.
What is the largest engineering company in the world?
The largest engineering company in the world is AECOM, offering professional technical and management support services.
Who is the largest privately owned construction company?
The largest privately owned construction company is Bechtel Corporation, known for its engineering, construction, and project management services.
Who is the largest concrete contractor in the US?
The largest concrete contractor in the US is Baker Concrete Construction, specializing in commercial concrete construction.
Who is the highest grossing construction company in the US?
The highest grossing construction company in the US is Turner Construction, with substantial annual revenue from large and complex projects.
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