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Based on the information available from various online and media sources, we have compiled a list of the top construction companies in the world. All these companies we have listed here are the biggest and most prominent companies from all the continents, and the excellent leadership team represents them. You can also find here the civil engineering companies and construction estimating companies in USA.
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All these largest construction companies worldwide have done a great job constructing the worlds marvelous, most significant, and most prominent projects.
Professionals predict the global construction industry will reach an estimated $10.5 trillion by , and it is forecast to grow at a CAGR of 4.2% from to . Upcoming efforts to modernize the worlds dilapidated infrastructure will create such output.
The energy and power sector will also be booming over the next few years. In most countries, the government plans to make renewable energy 20% of the countrys total energy mix by .
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We have written this excellent article to answer a few of your questions; what are the top international construction companies? Please read this article to learn more about the leading building companies in India; this is the list of the biggest and the top Construction Companies in the World and What Makes them Great.
Power China. Bouygues, Larsen, and Toubro. China Communications Construction Company. Bechtel. Technip, FMC. Skanska etc. Find the top construction companies worldwide based on the company size. You can also consider the below list to find the top construction management companies.
This list of the top construction companies globally, listed by their prominence in the construction industry, for your convenience. Below, you can find some top construction project management companies and the best building and construction companies worldwide.
This list of major construction companies in the world & the biggest construction companies is . we have compiled a list of the top infrastructure companies in the world in . This article also examines the biggest construction companies globally and a few civil engineering companies, and top commercial construction companies.
We have compiled a list of top construction companies in the world. We have considered top construction companies from the United States (USA), the United Kingdom (UK), Australia, New Zealand, the Middle East, and the Asia Pacific Region. You can find the top construction companies in the world in here.
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These listed companies are the worlds most significant construction and civil engineering companies. We have listed the top 40 construction companies in the world.
The history of the VINCI Group, heir to hundreds of companies gradually assembled in a convoluted process, goes back to the 19th century. In , two engineers from Polytechnique, an elite French engineering school, Alexandre Giros, and Louis Loucheur, founded Société Générale dEntreprises (SGE), which became VINCI in following its merger with the GTM Group.
Address: 1 cours Ferdinand de Lesseps, F- Rueil-Malmaison Cedex France
: : +33 1 47 16 35 00
Website: https://www.vinci.com/
Career Page: Careers
ACS, Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, services, and telecommunications. It is one of the leading construction companies globally, with projects worldwide.
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Address: Av. de Pío XII, 102, Madrid, Spain
: +34 913 43 92 00
Website: https://www.grupoacs.com/home/
Career Page: http://acsconstructiongroup.com/career/
Bechtel Corporation is an engineering, procurement, construction, and project management company. It was the largest construction company in the United States and the 8th-largest privately owned American company in . One of the top construction companies in the world. Its headquarters are in the South of Market, San Francisco.
Address: Sunset Hills Road, Reston, VA, -, USA
: : +1 571 392
Website: https://www.bechtel.com/
Career Page: https://jobs.bechtel.com/
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Hochtief Aktiengesellschaft is a German construction company based in Essen, North Rhine-Westphalia, Germany.
Address: HOCHTIEF Aktiengesellschaft, Opernplatz 2, D- Essen
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: .: 824-0 , Fax: 824-
Website: https://www.hochtief.com/
Skanska AB is a multinational construction and development company based in Sweden. Construction Global magazine shows Skanska is the fifth largest construction company globally.
Address: Entré Lindhagen, Warfvinges väg 25, 112 74 Stockholm, Sweden
: +46 10 448 00 00
Website: www.skansa.se
:
Career Page: Careers
Balfour Beatty plc is an English multinational infrastructure group with construction services, support services, and infrastructure investment capabilities. A constituent of the FTSE 250 Index, Balfour Beatty works across the United Kingdom, Ireland, the United States, Canada, and Southeast Asia.
Address: Balfour Beatty plc, 5 Churchill Place, Canary Wharf, London, E14 5HU
: +44 (0)20
Website: https://www.balfourbeatty.com/
Career Page: Careers
As a responsible and committed leader in sustainable construction, Bouygues Construction sees innovation as its primary source of value: sharedvation that benefits its customers while improving its productivity and the working conditions of its 47,350 employees. Bouygues Construction generated sales of 11.7 billion in .
Address: Bouygues Construction Challenger,1, avenue Eugène Freyssinet Guyancourt, Saint-Quentin-en-Yvelines, France
: +33(0)1 30 60 33 00
Website: https://www.bouygues-construction.com/
Career Page: http://carrieres.bouygues-construction.com/
Kiewit Corporation is an employee-owned Fortune 500 contractor based in Omaha, Nebraska. Privately held, it is one of the largest contractors in the world.
Address: Farnam St. Omaha, NE, USA
:(402) 342-
Website: https://www.kiewit.com/
Career Page: https://www.kiewit.com/careers/who-we-hire/
Koninklijke BAM Groep is a Dutch construction-services business headquartered in Bunnik, Netherlands.
Address: Runnenburg 9, AZ Bunnik, Netherlands
: +31 30 659
Website: https://www.bam.com/
Career Page: https://www.baminternational.com/en/careers
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Laing ORourke is a multinational construction company headquartered in Dartford, England, United Kingdom. It was founded in by Ray ORourke. It is the largest privately-owned construction company in the United Kingdom.
Address: Bridge Place 1 & 2, Anchor Boulevard, Crossways Dartford Kent, DA2 6SN, United Kingdom
: +44 (0)
Website: http://www.laingorourke.com/
Career Page: http://careers.laingorourke.com/
China State Construction Engineering Corporation Ltd (in short: China Construction; Stock code: ), formally established on December 10, , was co-initiated by four Fortune Global 500 enterprises: China State Construction Engineering Corp. (CSCEC), China National Petroleum Corporation (CNPC), Baosteel Group Corporation Ltd and Sinochem Corporation. CNPC is one of the top construction companies in the world.
China Construction was successfully listed on the Shanghai Stock Exchange on July 29, . The China State Construction Engineering Corporation is the largest construction company globally by revenue and the 14th largest general contractor in terms of overseas sales as of .
Address: Beijing, China
Website: http://english.cscec.com/
Career Website: http://english.cscec.com/Career58//.html
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China Railway Group Limited, known as CREC, is a Chinese construction company that floats in Shanghai and Hong Kong stock exchanges. The major shareholder of the company is the state-owned China Railway Engineering Corporation.
Address: Building NO.9 Fuxing Road 69 Haidian District Beijing China
Website: http://www.crecg.com/english/index.html
Larsen & Toubro Limited, commonly known as L&T, is one of the largest Indian multi-national firms in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. Kindly check here the list of the top construction companies in India.
Address: L&T Campus, TC3 Tower, Mount Poonamalle High Road, Manapakkam, Chennai, Tamil Nadu
: 044
Website: http://www.lntecc.com/
Career Page: http://www.lntecc.com/homepage/common/careers.html
Fluor Corporation is a multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastructure, government, and power.
Address: Las Colinas Blvd, Irving, TX , USA
: +1 469-398-
Website: https://www.fluor.com/
Career Page: https://www.fluor.com/careers
Turner Construction Company is an American construction company. It is one of the largest construction management companies in the United States of America, with a construction volume of $10 billion in . It is a subsidiary of the German company Hochtief.
Address: 375 Hudson Street, 6th Floor, New York, NY
: (212) 229-
Website: http://www.turnerconstruction.com/
Career Page: http://www.turnerconstruction.com/careers
The PCL family of companies comprises independent general contracting construction companies. The organization has over 4,400 employees across the United States, Canada, and Australia.
Address: 99 St NW, Edmonton, AB T6E 3P4, Canada
: +1 780-733-
Website: https://pcl.com/
Career Page: https://careers.pcl.com/
KBR, Inc. is an American engineering, procurement, and construction company, formerly a subsidiary of Halliburton after Halliburton acquired Dresser Industries in , Dressers engineering subsidiary, The M. W. A, civil engineering companies in the world.
Address: Houston (Corporate HQ)KBR Corporate Headquarters, 601 Jefferson Street, Houston, TX | USA
: +1 713.753.
Website: https://www.kbr.com/
Career Page: https://www.kbr.com/careers
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The Whiting-Turner Contracting Company, Inc. provides general building contractor services. Its project portfolio includes art and entertainment, cybersecurity, energy, federal/military, food and beverage, healthcare, higher education, hospitality/hotel, industrial, K-12 private and public education, sports and fitness, science and technology, nano research, mission-critical (data centers), museum, office, public/utility, retail, senior living, transportation, and warehouse/distribution projects in the United States.
Address: 300 East Joppa Road, Baltimore, Maryland
:: 410-821- Fax: 888-864-
Website: http://www.whiting-turner.com/
Career Page: http://www.whiting-turner.com/careers/careers.html
Jacobs is a global provider of technical, professional, and scientific services, including engineering, architecture, construction, operations, and maintenance. One of the best civil engineering companies.
Address: Bryan St .All Jacobs Engineering Group Locations.Dallas (HQ), United States.
Website: http://www.whiting-turner.com/
Career Page: http://www.whiting-turner.com/careers/careers.html
McDermott International, Inc. is an American multinational engineering, procurement, construction, and installation company with operations in the Americas, Middle East, the Caspian Sea, and the Pacific Rim. Incorporated in Panama, one of the top construction and civil engineering companies globally, it is headquartered in the Energy Corridor area of Houston, Texas.
Address: 757 N. Eldridge Pkwy.,Houston, TX , USA
Contact Number: +1 281 870
Website: https://www.mcdermott.com/
Career Page: https://www.mcdermott.com/Careers
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Tutor Perini Corporation is one of the largest general contractors in the United States. At the end of , it reported annual revenue of approximately $4.2 billion. Tutor Perini is headquartered in Sylmar, California, and works on many construction projects throughout the United States and Canada.
Address: Los Angeles (Headquarters), Olden Street, Sylmar, CA
Contact Number: : 818-362-
Website: https://www.tutorperini.com
Career Page: https://www.tutorperini.com/careers/
AECOM is an American multinational engineering firm that provides clients with design, consulting, construction, and management services. AECOM has approximately 87,000 employees and is number 161 on the Fortune 500 list. This is down from 87,500 employees and number 156 on the list.
Address: Worldwide Headquarters. Avenue of the Stars Suite . Los Angeles, CA . The United States.
Contact Number: +1 (213) 593 . F +1 (213) 593 . New York.
Website: https://www.aecom.com/
Career Page: https://www.aecom.com/careers/
Eiffage S.A. is a French civil engineering construction company. As of , it was the third-largest company in France and the fifth largest in Europe.
Address: 3-7 Place de lEurope, Vélizy-Villacoublay, France
Contact Number: +33 1 34 65 89 89
Website: https://www.eiffage.com/
Career Page: https://www.eiffage.com/en/careers/eiffage-jobs
STRABAG SE is an Austrian construction company based in Villach, Austria, located in Vienna. It is the largest construction company in Austria and one of the largest construction companies in Europe.
Address: Donau-City-Straße 9, Wien, Austria
Contact Number: +43 1
Website: http://www.strabag-international.com/
Career Page: http://karriere.strabag.com/
Ferrovial, S.A., previously Grupo Ferrovial, is a Spanish multinational company involved in designing, constructing, financing, operating, and maintaining transport infrastructure and urban services. It is a publicly-traded company and is part of the IBEX 35 capitalization-weighted stock market index.
Address: Calle Quintanavides, 21, Madrid, Spain
Contact Number: +34 913 38 83 00
If you want to learn more, please visit our website dam construction companies.
Website: https://www.ferrovial.com/en/
Career Page: https://www.ferrovial.com/en/careers/
NCC AB is a Swedish construction company, the second largest in the Nordic region, with annual revenues of 58 billion Swedish krona and about 18,500 employees.
Address: NCC Head Office,Vallgatan 80 Solna,
Contact Number: +46-8-585 510 00, Fax: +46-8-567 909 48
Website: https://www.ncc.group/
Career Page: http://ncclimited.com/careers.html
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CPB Contractors is the CIMIC Groups construction company, one of the top construction companies globally, with around 23,000 people working at operations across Australia, New Zealand, Papua New Guinea, Asia, and India. If you plan to go for higher studies in construction management, kindly check this list of the construction management courses at universities in Australia.
Address: CPB Contractors corporate office, Level 18, 177 Pacific Highway, NORTH SYDNEY NSW
Contact Number: +61 2 +61 2
Website: http://www.cpbcon.com.au/
Career page: http://www.cpbcon.com.au/working-with-us/job-search/
Lendlease Group is a multinational construction, property, and infrastructure company headquartered in Barangaroo, Sydney, Australia. If you plan to start your career, look at the top recruitment agencies in Australia.
Address: Lendlease, Level 14, Tower Three, International Towers Sydney, Exchange Place, 300 Barangaroo Avenue, Barangaroo NSW
Contact Number: +612
Website:: https://www.lendlease.com/us/
Career Page: https://www.lendlease.com/careers/
J Hutchinson Pty Ltd, trading as Hutchinson Builders, commonly known as Hutchies, is Australias largest privately-owned construction company.
Address: 584 Milton Rd, Toowong QLD , Australia
Contact Number: +61 7
Website: https://www.hutchinsonbuilders.com.au/
Career Page: https://www.hutchinsonbuilders.com.au/careers
The John Holland Group is a construction, tunneling, rail, building, and services provider with operations in Australia, New Zealand, Southeast Asia, and the Middle East. Headquartered in Melbourne, it is a 100% owned subsidiary of China Communications Construction Company, a Chinese state-owned enterprise. You can also check the Top Construction Companies in Australia [ Updated List].
Address: 5/380 St Kilda Rd, Melbourne VIC , Australia
Contact Number: +61 3
website: https://www.johnholland.com.au/
Career Page: https://www.johnholland.com.au/careers/a-career-with-us/
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Fulton Hogan is a large infrastructure construction, roadworks, and aggregate supplier company in New Zealand and is also active in wider Australasia. Julius Fulton and Robert Hogan in Dunedin in founded the company.
Address: Botanicca Corporate Park, Building 7, Level 1, 572 Swan Street, Richmond, VIC, , Austalia
Contact Number: +61 3
Website: https://www.fultonhogan.com/
Career Page: https://www.fultonhogan.com/careers/
ADCO. Construction & Building Australia. ADCO Constructions is a leading national construction company successfully delivering projects across Australia. With annual revenues of over 1 billion and over 580 direct employees, ADCO is rated as one of Australias top 50 private companies.
Address: 7 West St, North Sydney NSW , Australia
Contact Number: +61 2
website: https://www.adcoconstruct.com.au/
Career Page: https://www.adcoconstruct.com.au/careers/
A direct competitor to Hutchison, Probuilds total revenue ($2.379 billion) comes from the same sectors in roughly the same proportions. Probuilds revenue in flats and units was $1.358 billion, and the company logged a further $997 million in commercial projects.
Address: Level 10, 580 St Kilda Road, Melbourne, Vic
Contact Number: 03 , Fax: 03
:
Website: http://www.probuild.com.au/
Career Page: http://www.probuild.com.au/careers
Aveng is a South African conglomerate company founded on the Johannesburg Stock Exchange in the s. Initially working on a construction, it is engaged in steel, engineering, manufacturing, mining, concessions, public infrastructure, and water treatment activities.
Address: Aveng Park, 1 Jurgens Street, Jet Park, Boksburg, South Africa
Contact Number: +27 11 779
Website: https://www.aveng.co.za/
Career Page: https://www.aveng.co.za/careers
You can also find engineering bursaries in South Africa for Aveng and others.
Stefanutti Stocks is one of South Africas leading construction groups with over 12 000 employees and the capacity to deliver a range of projects of any scale to a multitude of clients in diverse markets. Stefanutti Stoc divisions (Pty) Ltd are all South African provisions, a Level Four B-BBEE contributor.
Address: Protec Office Park 6 Mulalani Street Cnr Zuurfontein Ave &, Oranjerivier Dr, Chloorkop, Kempton Park, , South Africa
Contact Number: +27 11 571
website: http://www.stefanuttistocks.com/
Career Page: http://www.careersinafrica.com/company/stefanutti-stocks/
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McConnell Dowell South East Asia Pte Ltd has been operating for over 40 years, supporting the development of modern Singapore. One of the top construction companies globally can carry out a full range of integrated, multi-discipline projects and is well supported by our regional plant and equipment fleet and significant fabrication facility in Batam.
Address: Level 3, 109 Burwood Road, Hawthorn, Victoria , Australia, PO Box , Hawthorn West
Victoria , Australia
: +61 3
Fax: +61 3
General :
website: https://www.mcconnelldowell.com/
Career Page:: https://www.mcconnelldowell.com/people-careers/career-opportunities
Keppel Corporation is a Singaporean conglomerate headquartered in Keppel Bay Tower, HarbourFront. The company comprises several affiliated businesses specializing in offshore & marine, property, infrastructure, and asset management.
Address: Keppel Corporation Limited,1 HarbourFront Avenue,#18-01 Keppel Bay Tower, Singapore
Contact Number: (65)
Fax: (65)
:
Website: http://www.keppelland.com/
Career Page: http://m.kepcorp.com/en/content.aspx?sid=82
Arabtec Holding PJSC and its subsidiaries provide construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. One of the best civil engineering companies operates through Construction, Mechanical, Electrical, and Plumbing; Oil & Gas; infrastructure and Power; and Other segments.
Address: Arabtec Construction, Street 4, Al Quoz, Dubai, PO Box:
: +971 4 340
Website: https://www.arabtecuae.com/
Saudi Binladin Group is a multinational construction and civil engineering company conglomerate headquartered in Jeddah, Saudi Arabia.
Address: Prince Saud Al Faisal, Ar Rawdah, Jeddah , Saudi Arabia
Contact Number: +966 12 664
website: http://www.sbg.com.sa/
Career Page: http://careers.sbg.com.sa/Interfaces/frmLogin.aspx?lang=en-US
Civil engineering, building, and MEP businesses count government departments, major airports, private developers, architects, major contractors, and private companies as their clients.
Address: 800, E44, Dubai, UAE Dubai-Hatta Rd Dubai United Arab Emirates
: +971 4 294
Website: http://www.alnaboodahconstruction.com/
Career Page: https://www.alnaboodah.com/careers
Here is the list of the leading giants in the construction industry, ranked based on their market value. This list is significant as it reflects the economic footprint of these companies on a global scale. Companies topping this list are typically those with extensive international operations, diverse portfolios, and robust financial performance. Market capitalization is a crucial indicator of a companys size and health, providing insights into its market dominance and stability. This list would include multinational corporations known for their innovative construction methodologies, major infrastructure projects, and significant contributions to urban and industrial development worldwide.
Rank
Name
Country
1 Vinci France 2 Larsen & Toubro India 3 D. R. Horton United States 4 Lennar United States 5 China State Construction Engineering China 6 Ferrovial Spain 7 NVR United States 8 PulteGroup United States 9 Daiwa House Japan 10 China Railway Group China 11 China Communications Construction China 12 Bouygues France 13 China Railway Construction China 14 Sekisui House Japan 15 Grupo ACS Spain 16 Emcor United States 17 Eiffage France 18 Toll Brothers United States 19 Hochtief Germany 20 Procore United States 21 Kajima Japan 22 Daito Trust Construction Japan 23 Acciona Spain 24 ENKA Turkey 25 Skanska Sweden 26 Fluor Corporation United States 27 Obayashi Japan 28 Colas France 29 Barratt Developments United Kingdom 30 Fomento de Construcciones y Contratas Spain 31 China State Construction International Hong Kong 32 Taylor Wimpey United Kingdom 33 SNC-Lavalin Group Canada 34 Ackermans & Van Haaren Belgium 35 Meritage Homes United States 36 Persimmon United Kingdom 37 Taylor Morrison United States 38 Strabag Austria 39 Subsea 7 Luxembourg 40 KB Home United States 41 Installed Building Products United States 42 Budimex Poland 43 Bellway United Kingdom 44 Vistry Group United Kingdom 45 Skyline Champion United States 46 Makkah Construction & Development Saudi Arabia 47 M/I Homes United States 48 Lendlease Australia 49 DEME Group Belgium 50 Tri Pointe Homes United States 51 LGI Homes United States 52 INFRONEER Holdings Japan 53 Dream Finders Homes United States 54 Century Communities United States 55 Construction Partners United States 56 Balfour Beatty United Kingdom 57 Redrow United Kingdom 58 Sacyr Spain 59 Fletcher Building New Zealand 60 Green Brick Partners United States 61 MYR Group United States 62 Webuild S.p.A. Italy 63 Granite Construction United States 64 Sterling Construction United States 65 KEC International India 66 TODA corp Japan 67 Primoris Services Corporation United States 68 Shikun & Binui Israel 69 Metrovacesa Spain 70 Peab Sweden 71 Veidekke Norway 72 Action Construction Equipment India 73 AF Gruppen Norway 74 NCC Sweden 75 Kalpataru Power Transmission India 76 Knr Constructions India 77 Sunteck Realty India 78 Beazer Homes USA United States 79 Aedas Homes Spain 80 Power Mech Projects India 81 Argan United States 82 Hovnanian Enterprises United States 83 Hindustan Construction Company India 84 PORR Austria 85 North American Construction Group Canada 86 Ashoka Buildcon India 87 Limbach Holdings United States 88 Tutor Perini United States 89 YIT Finland 90 Eneti Monaco 91 Landsea Homes United States 92 Southland Holdings United States 93 Northwest Pipe Company United States 94 L.B. Foster United States 95 Aenza Peru 96 Orion-group-holdings United States 97 DIRTT Environmental Solutions Canada 98 SG Blocks United StatesNote: The above data has been sourced from companiesmarketcap.com/
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The construction industry, a vital sector of the global economy, is dominated by some of the worlds most influential and innovative firms. Among these, the top 100 construction companies in the world are known for their large-scale projects, spanning from massive infrastructure developments to iconic skyscrapers. These companies are recognized for their engineering excellence, project management skills, and contributions to the development of cities and countries.
The top 10 construction companies in the world set the benchmark in the industry with their cutting-edge technology, vast resources, and global presence. One notable name among these is Vinci Construction Company, a French conglomerate known for its expertise in building and civil engineering projects around the globe.
When discussing what are the 5 biggest construction companies in the world, names like Vinci, Bechtel, China Communications Construction Company, Larsen & Toubro, and Bouygues come to mind. These giants are known for their ability to handle complex, multibillion-dollar projects and their significant impact on the construction industry.
The largest construction companies in the world, as documented on various platforms including largest construction companies in the world wiki, are not only leaders in terms of revenue but also in innovation, sustainability practices, and employment opportunities they provide. Their influence extends across continents, shaping skylines and infrastructure globally.
Specializing in specific segments, the top road construction companies in the world focus on developing and modernizing road networks, essential for global connectivity and economic growth. Meanwhile, the top construction companies in the world overall are involved in a broader range of projects, including residential, commercial, industrial, and infrastructure.
The Top 20 construction companies in the world represent a mix of firms from different continents, each bringing unique strengths and specialties to the global construction landscape. The List of construction companies in the world encompasses a diverse array of firms, each contributing to the construction sector in various capacities.
Delving deeper, the Top 10 construction companies in the world are often the go-to choices for large-scale, complex projects due to their extensive experience and robust portfolios. The Top construction companies in the world, including the Top 50 construction companies in the world, demonstrate the industrys scale and its crucial role in global development, driving innovation and setting standards for construction practices worldwide.
The construction companies identified in this article are some of the best in the world. These companies have achieved success through their ingenuity, innovation, and creativity. They have also established themselves as top builders for their clients by carrying out projects with great skill and quality.
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Large construction companies typically offer a wide range of services including commercial and residential building, infrastructure development, project management, and often, specialized services like green building and smart city projects.
Which factors contribute to a construction companys ranking in the global market?A construction companys global ranking is typically influenced by factors such as annual revenue, market capitalization, number of high-profile projects, global presence, and innovation in construction technology.
How do market trends affect the construction industry?Market trends like urbanization, sustainability, and technological advancements significantly impact the construction industry. These trends influence the types of projects undertaken, the materials and technologies used, and the overall approach to construction.
What role does technology play in modern construction companies?Technology plays a crucial role in modern construction companies, with advancements in building information modeling (BIM), prefabrication, 3D printing, and smart technology streamlining operations, improving safety, and enhancing construction quality.
Can construction companies contribute to sustainable development?Yes, construction companies contribute to sustainable development by implementing eco-friendly construction practices, using sustainable materials, and designing energy-efficient buildings that minimize environmental impact.
What is the impact of the COVID-19 pandemic on the construction industry?The COVID-19 pandemic has significantly impacted the construction industry, leading to project delays, labor shortages, and increased focus on health and safety protocols. It has also accelerated the adoption of digital technologies for remote working and project management.
How do construction companies manage large-scale international projects?Construction companies manage large-scale international projects by utilizing a combination of local expertise and global management practices, ensuring adherence to local regulations while maintaining global quality standards. They often rely on a network of suppliers, subcontractors, and technology to efficiently handle such projects.
In this article, we will look into the 20 largest construction companies in the world. If you want to skip our detailed analysis, you can go directly to the 5 Largest Construction Companies in the World.
According to a report by the Business Research Company, the global construction market was worth $14.39 trillion in . It is expected to grow at a compound annual growth rate (CAGR) of 6.6% and reach $25.93 trillion by . The growth can be attributed to growing urbanization, rising population, and increased government incentives.
The construction sector is one of the significant contributors to the economy of the United States. According to the Associated General Contractors of America (AGC), in the first quarter of , there were over 919,000 construction establishments in the US. The industry has over 8 million employees and develops around $2.1 trillion worth of structures annually.
According to the monthly construction spending report by the US Census Bureau for January, construction spending in the US dropped slightly in January compared to December. The spending in January reached $2.1 trillion, representing a modest decline of 0.2% from December. The private construction sector's spending remained at $1.6 trillion, while the residential sector witnessed an increase of 0.2% and reached $900.8 billion in January . The public construction experienced a significant decline of 0.9% in the first month of . Despite the mixed outlook for January, the construction sector witnessed a significant increase on a year-over-year basis. The construction spending in January increased by 11.7%, compared to January . You can also look at 20 US Cities with the Most Million-Dollar Homes and 20 Best States for Construction Jobs in the US.
Some of the major players in the global construction market include Vinci SA (OTC:VCISF), Lennar Corporation (NYSE:LEN), and Ferrovial SE (OTC:FERVF).
Vinci SA (OTC:VCISF) is a leading construction company, operating across 120 countries. On March 11, the company announced that its railway construction subsidiary, ETF, has won a new railway contract from the SNCF Réseau, a state-owned railway company in France. The contract is worth 700 million. The contract includes renovating more than 800 km of track and ballast across France by . Over 150,000 work hours will be dedicated to the training and professional integration during the program. This contract will add to Vinci SA's OTC:VCISF) railway construction capabilities
Lennar Corporation (NYSE:LEN) is one of the largest construction companies in the world, providing residential construction services. On March 25, the company announced the grand opening of the highly anticipated Medley Club at Angeline Actvie Adult Amenity Center. The 6,200-acre community is built exclusively for homeowners aged 55 and above in Land O' Lakes, Florida. The new medley club by Lennar Corporation (NYSE:LEN) is built on an area of 12,029 square feet. It boasts amenities such as a fitness center, yoga studio, cafe, social gathering rooms, and bar.
Ferrovial SE (OTC:FERVF) is a leading construction and infrastructure company. On March 26, the company, in collaboration with Oreco Balgon, announced the completion of the construction of the Halo elevator in Vigo, Spain. The elevator will connect the city's Areal district with the commercial zone around Vialia Square. It will also improve the mobility of pedestrians in the city by providing a path for crossing the AP-9 highway. The elevator project by Ferrovial SE (OTC:FERVF) cost 15.7 million. The elevator comprises a 36-meter-high concrete tower with two elevators leading to a 190-meter-long walkway. With a capacity of 17 people, the elevator takes 30 seconds to connect the lower and upper parts of the city.
With this context, let's have a look at the largest construction companies in the world.
20 Largest Construction Companies in the WorldA construction team in a mining datacenter building work site with plans and equipment in hand.
Methodology
To create our list of the 20 largest construction companies in the world, we extensively reviewed various rankings on the internet and screened for construction companies by using the Yahoo Finance stock screener to ensure we did not miss any major companies in the global construction market. Then, we collated a list of the 35 largest construction companies. Finally, we ranked the companies in ascending order of their market cap as of March 26, , and their annual revenue for private companies. Please note that we have converted the market cap and revenues of companies in foreign currencies to USD according to their exchange rates, as of March 26.
Market Cap as of March 28: $7.65 billion
Skanska AB (publ) (OTC:SKBSY) is ranked among the largest construction companies in the world. Headquartered in Stockholm, the company specializes in commercial property development, residential development, infrastructure development, civil engineering, and project development. As of March 28, Skanska AB (publ) (OTC:SKBSY) is valued at $7.65 billion.
Market Cap as of March 28: $7.68 billion
Daito Trust Construction Co., Ltd. (OTC:DIFTY) is a leading construction company in Japan. It specializes in designing and constructing factories, warehouses, apartments, and office buildings. The company operates across multiple business segments, including real estate and construction, among others. As of March 28, Daito Trust Construction Co., Ltd. (OTC:DIFTY) has a market cap of $7.68 billion.
Market Cap as of March 28: $8.68 billion
HOCHTIEF Aktiengesellschaft (OTC:HOCFF) is a German construction company, operating across Australia, North America, and Europe. As of March 28, HOCHTIEF Aktiengesellschaft (OTC:HOCFF) has a market cap of $8.68 billion. It is one of the largest construction companies in the world.
Market Cap as of March 28: $8.92 billion
Obayashi Corporation (OTC:OBYCF) is a Japanese construction company, engaging in domestic building construction, overseas construction, and real estate, among others. Founded in , the company operates across 16 countries and regions. As of March 28, Obayashi Corporation (OTC:OBYCF) is valued at $8.92 billion.
Annual Revenue (): $9.60 billion
DPR Construction is ranked 16th on our list of the largest construction companies in the world. The company is a leading contract and construction manager, engaging in large-scale constructions and projects. The company generated an annual revenue of $9.60 billion in , according to Forbes.
Market Cap as of March 28: $9.82 billion
Founded in , Kajima Corporation (OTC:KAJMY) is a leading construction company, providing commercial, residential, and institutional construction services. As of March 28, Kajima Corporation (OTC:KAJMY) boasts a market cap of $9.82 billion.
Market Cap as of March 28: $10.95 billion
Eiffage SA (OTC:EFGSF) is ranked 14th on our list. The company operates and engages in business segments, including public-private partnerships, construction, and public works. Its construction services include road construction, industrial construction, building design, infrastructure maintenance, building maintenance, and civil engineering. Eiffage SA (OTC:EFGSF) boasts a market cap of $10.95 billion, as of March 28.
Market Cap as of March 28: $12.03 billion
ACS Actividades De Construccion Y Servicios ADR (BME:ACS) is a major construction and engineering services company in Spain. Founded in , the company engages in the development of residential and non-residential buildings, industrial infrastructure, and public space maintenance. As of March 28, ACS Actividades De Construccion Y Servicios ADR (BME:ACS) is valued at $12.03 billion.
Market Cap as of March 28: $13.48 billion
Toll Brothers, Inc. (NYSE:TOL) is one of the largest construction and home building companies in the US. The company operates across 60 markets in the US and has over 50 years of experience. It engages in operations, including luxury home building, architecture, mortgage, real estate, landscape, and smart home solutions. Toll Brothers, Inc. (NYSE:TOL) has a market cap of $13.48 billion, as of March 28.
Annual Revenue (): $13.70 billion
Kiewit Corporation is one of the largest construction companies in the world. The company operates across North America and provides construction and engineering services in sectors such as industrial, mining, chemical, and transportation. In , the company generated $13.70 billion in revenue, according to the Forbes.
Market Cap as of March 28: $14.85 billion
China Railway Construction (SHA:) is one of the top construction companies in China, operating across segments including construction, survey, design, and real estate. It engages in the development of infrastructure such as highways, railways, and real estate projects. As of March 28, China Railway Construction (SHA:) has a market cap of $14.85 billion.
Market Cap as of March 28: $14.87 billion
Headquartered in Japan, Sekisui House, Ltd. (OTC:SKHSY) is ranked 9th on our list. The company offers services such as the construction, sale, purchase, design, remodeling, contracting, and supervision of construction projects. As of March 28, Sekisui House, Ltd. (OTC:SKHSY) is valued at $14.87 billion.
Market Cap as of March 28: $15.30 billion
Bouygues SA (OTC:BOUYY) is a leading construction company in France. The company engages in commercial, residential, and highway construction projects. As of March 28, Bouygues SA (OTC:BOUYY) is valued at $15.30 billion.
Market Cap as of March 28: $19.39 billion
Daiwa House Industry Co., Ltd. (OTC:DWAHF) is ranked 7th on our list. It is a leading construction and real estate company in Japan. It builds and develops rental housing, commercial and business facilities, condominiums, and houses. As of March 28, Daiwa House Industry Co., Ltd. (OTC:DWAHF) is valued at $19.39 billion.
Market Cap as of March 28: $25.45 billion
PulteGroup, Inc. (NYSE:PHM) is ranked 6th among the largest construction companies in the world. Headquartered in Georgia, the company provides homebuilding, real estate, and construction services. As of March 28, PulteGroup, Inc. (NYSE:PHM) has a market cap of $25.45 billion.
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