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 spending is expected to grow 4.1% to reach $2.24 trillion in 2025.
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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. | $17,100,000,000 |
Bechtel | $12,900,000,000 |
Mastec Inc. | $11,605,000,000 |
STO Building Group Inc. | $10,390,000,000 |
The Whiting-Turner Contracting Co. | $8,599,900,000 |
Fluor | $7,920,300,000 |
McDermott International | $7,700,000,000 |
PCL Construction Enterprises | $7,300,000,000 |
Skanska USA | $6,873,600,000 |
Gilbane Building Co, | $6,333,800,000 |
AECOM | $6,126,100,000 |
Mortenson | $6,000,000,000 |
DPR Construction | $5,900,000,000 |
Hensel Phelps | $5,900,000,000 |
Dragados | €5,877,000,000 |
JE Dunn Construction Group | $5,827,800,000 |
Arco Construction Cos. | $5,661,900,000 |
HITT Contracting Inc | $5,410,000,000 |
The Walsh Group | $5,300,000,000 |
McCarthy Holdings Inc. | $5,291,800,000 |
Clayco | $5,216,000,000 |
Brasfield & Gorrie LLC | $5,000,800,000 |
Clark Group | $5,000,000,000 |
Tutor Perini Corp | $4,876,000,000 |
Suffolk Construction Co. Inc. | $4,822,700,000 |
Balfour Beatty US | $4,578,900,000 |
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 | $3,700,000,000 |
Kiewit Corp. | $3,364,600,000 |
Granite Construction Inc | $3,301,200,000 |
Holder Construction | $3,300,000,000 |
Gray Construction Inc. | $3,187,500,000 |
Austin Industries | $3,180,000,000 |
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 |
Turner Industries Group LLC | $2,488,200,000 |
Big-D Construction | $2,470,000,000 |
Moss | $2,468,800,000 |
Devcon Construction Inc. | $2,350,000,000 |
Ferrovial Construction US Holdings Corp | $2,160,000,000 |
Alston Construction | $2,145,000,000 |
Flatiron Construction | $2,059,400,000 |
David E. Harvey Builders Inc. | $1,731,000,000 |
S&B | $732,800,000 |
Sources:
- The top commercial contractors of 2024
- The Top Twenty Construction Firms of 2024
- Top 150 Contractors for 2024
- ENR 2024 Top 400
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. The Turner Corp.
Coming in at number one is The Turner Corporation, with a remarkable $17.1 billion in revenue. Founded in 1902 by Henry Turner, the company has grown to an unprecedented size, employing thousands of workers as it takes on increasingly larger megaprojects. Turner specializes in transforming communities through innovative construction across sectors including:
- Aviation and transportation
- Commercial
- Education
- Government and public
- Industrial and manufacturing
- Sports and public assembly
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 Emirates Towers in Dubai, United Arab Emirates
2. Bechtel
Bechtel maintains its position as one of the largest general contractors in the U.S., with annual revenue reaching $12.9 billion. Since its founding in 1898, the company has completed more than 25,000 projects worldwide.
With the mission of protecting the environment and helping to build a better world, Bechtel emphasizes improving infrastructure resilience, creating opportunities, and connecting communities to core resources. Their focus areas include:
- Digital communication networks
- Data centers
- Transportation infrastructure (aviation, rail, roads)
- Future cities
- Project financing
Along with making their engineering processes more sustainable, they’re committed to finding solutions for security and public health challenges globally.
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3. Mastec Inc.
Mastec Inc. continues 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 across approximately 20 office and retail locations throughout the country.
Specializing in infrastructure construction, Mastec focuses particularly on:
- Power plants
- Oil and gas pipelines
- Water transmission systems
- Telecommunications infrastructure
- Renewable energy facilities
Their extensive portfolio includes hundreds of completed projects that contribute to America’s critical infrastructure systems.
4. STO Building Group
STO Building Group (formerly the Structure Tone organization) secures fourth place with an annual revenue of $10.4 billion. Established in 1971, the firm has expanded into a family of construction companies employing thousands 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 and entertainment venues
- Broadcast media facilities
- Corporate headquarters
- Mission-critical facilities
They’ve built studios for companies like Bloomberg, ESPN, MTV, and more, establishing themselves as leaders in specialized construction environments.
5. The Whiting-Turner Contracting Co.
The Whiting-Turner Contracting Company holds fifth place with substantial annual revenue of $8.6 billion. Based in Baltimore, Maryland and formed in 1909, the company has built a reputation for excellence across diverse construction sectors.
Whiting-Turner specializes in:
- Commercial and retail
- Healthcare facilities
- Education and institutional buildings
- Manufacturing and industrial facilities
- Mission-critical infrastructure
Their longevity in the industry speaks to their consistent quality and client satisfaction across more than a century of operations.
6. Fluor
With annual revenue of $7.9 billion, Fluor maintains its position among America’s construction giants. With more than 110 years in business and headquartered in Irving, Texas, the company employs over 40,000 professionals worldwide.
Their comprehensive service offerings include:
- Construction management
- Engineering
- Procurement
- Maintenance
- Project management
Fluor’s expertise spans industries including energy, chemicals, mining, infrastructure, and advanced technologies, making them a versatile player in global construction.
7. McDermott International
McDermott International appears in the top 10 with an annual revenue of $7.7 billion. This global engineering and construction company specializes in energy infrastructure with particular expertise in offshore oil and gas projects.
Their core capabilities include:
- Liquefied natural gas (LNG) facilities
- Offshore platforms and subsea systems
- Petrochemical plants
- Storage solutions
- Power generation facilities
Operating in more than 54 countries, McDermott delivers integrated solutions throughout the entire project lifecycle from concept to commissioning.
8. Ryan Companies
Ryan Companies makes the list with $4.1 billion in annual revenue. Founded in 1938, this national commercial real estate firm offers comprehensive services from development to construction and management.
Ryan Companies stands out for:
- Integrated approach combining development, design, and construction
- Strong presence in healthcare, industrial, and senior living sectors
- Focus on customer-centered solutions
- Commitment to sustainability in their projects
Their strategic approach to workforce planning has been crucial to their success. In a case study with Bridgit, Ryan Companies demonstrated how centralizing resource planning across 14 offices significantly improved their operational efficiency. According to Morgan Traynor, Senior Director of Operational Excellence: “The overall impact Bridgit Bench can have on Ryan is remarkable – from immediate time-saving efficiencies for our trusted leaders to long-term talent acquisition.”
9. Skanska USA
Skanska USA secures ninth place with annual revenue of $6.9 billion. While their parent company is based in Stockholm, Sweden, their U.S. branch alone has managed to establish a significant presence in the American construction market.
Their core mission is to build for a better society, providing services for:
- Hospitals and healthcare facilities
- Airports and transportation hubs
- Educational institutions
- Commercial buildings
- Infrastructure projects
Some notable Skanska projects include the Tampa International Airport Redevelopment Program, Florida Polytechnic University, and the Bank of America Tower in Houston.
Skanska USA has leveraged technology to drive operational efficiency. As highlighted in their case study with Bridgit, switching from spreadsheets to Bridgit Bench has helped them save countless hours while ensuring peak efficiency. According to Tim Johnson, EVP and GM at Skanska USA Building Portland: “Because of the simplicity of Bridgit Bench, the process has been taken out of one person’s hands, who was solely responsible, and allowed me to put it into multiple managers’ hands with hardly any training.”
10. Balfour Beatty US
Completing our top 10 is Balfour Beatty US with annual revenue of $4.6 billion. As the American subsidiary of the global infrastructure group Balfour Beatty plc, they bring international expertise to the U.S. construction market.
Balfour Beatty US excels in:
- Public infrastructure projects
- Commercial construction
- Healthcare facilities
- Educational institutions
- Federal contracting
Their commitment to innovation includes extensive use of digital construction technologies, sustainable building practices, and modular construction techniques.
Balfour Beatty US has embraced innovative workforce planning solutions to manage their growth. As demonstrated in their case study with Bridgit, they’ve revolutionized their approach to resource management in booming construction markets. Steve Dillon, Vice President and Business Unit Leader of Balfour Beatty’s US Buildings Texas Team, notes: “With Bridgit Bench, our Texas teams can quickly gain access within five minutes to navigate the system”
Want to get ahead? Check out Bridgit Bench
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.
For this, consider Bridgit Bench, the best labor management platform on the market to help you improve the way you oversee workers. You can access valuable insights and easily generate custom reports for more informed decision-making.
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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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