30 of the Largest US Construction Companies to Watch in 2022
The construction industry is a vital component of the US economy, representing a $1.36 trillion market with a projected growth rate of 2.7%. Although construction took a hard hit during the pandemic, the industry is rebounding quickly.
According to Dun & Bradstreet, there are 1.5 million construction companies in the country ranging from small family operations to multi-billion corporations with global footprints. Several of the top construction companies in the U.S. started as family-owned carpentry businesses and have withstood the test of time for over 100 years.
Here are 30 of the largest construction companies in the US that generate more than $1 billion in annual revenue, according to ZoomInfo, as of this article’s publish date. We've included annual revenue and founding year in our list.
30 Largest Construction Companies in 2022
1. Bechtel, $17.6B revenue, founded 1898
2. Fluor, $15.6B revenue, founded 1912
3. Whiting-Turner, $9.2B revenue, founded 1909
4. EMCOR, $8.8B revenue, founded 1994
5. Turner, $6.9B revenue, founded 1902
6. DPR Construction, $6.8B revenue, founded 1990
7. Gilbane, $6.5B revenue, founded 1870
8. Hensel Phelps, $5.9B revenue, founded 1937
9. Walsh Group, $5.4B revenue, founded 1983
10. Tutor Perini, $5.3B revenue, founded 1894
11. Balfour Beatty US, $5.0B revenue, founded 1933
12. Swinerton, $5.0B revenue, founded 1888
13. McCarthy Building Companies, $4.8B revenue, founded 1864
14. JE Dunn Construction, $4.1B revenue, founded 1924
15. Holder Construction Group, $4.0B revenue, founded 1960
16. Brasfield & Gorrie, $4.0B revenue, founded 1964
17. Clayco, $3.8B revenue, founded 1984
18. Granite Construction, $3.5B revenue, founded 1922
19. Black & Veatch, $3.0B revenue, founded 1915
20. Henkels & McCoy, $2.8B revenue, founded 1923
21. Alberici, $2.6B revenue, founded 1918
22. Barton Malow, $2.4B revenue, founded 1924
23. Kokosing Construction Company, $2.2B revenue, founded 1951
24. TIC, $1.8B revenue, founded 1974
25. Webcor Construction, $1.5B revenue, founded 1971
26. TDIndustries, $1.4B revenue, founded 1946
27. Boldt, $1.2B revenue, founded 1889
28. Haskell, $1.2B revenue, founded 1965
29. KCI, $1.1B revenue, founded 1955
30. Crossland Construction Company, $1.0B revenue, founded 1977
A Quick Look at the Top 10 Construction Companies
Let’s take a deeper look at the 10 largest US construction companies on this list—what they do, where they’re located, the company history, and their total revenue.
1. Bechtel Corporation
Bechtel Corporation is a trusted engineering, construction, and project management partner to industry and government.
Warren Bechtel originally founded the company in San Francisco in 1898. Five generations later, it’s headquartered in Reston, Virginia, with the Bechtel family still at the helm.
Bechtel is the largest construction company in the US, with 55,000 employees and annual revenue of $17.6 billion.
2. Fluor Corporation
Fluor Corporation is a global engineering, procurement, fabrication, construction, and maintenance company.
Headquartered in Irvine, Texas, they have more than 50 offices on six continents.
Flour has been serving clients since 1912. They rank No. 196 among Fortune 500® companies with annual revenue of $15.6 billion.
Whiting-Turner provides construction management, general contracting, design-build, and integrated project delivery services.
Founded in 1909, they now have a significant national footprint with 50 offices around the country. Their headquarters are in Baltimore, Maryland.
Whiting-Turner reports they are financially independent with no debt and maintain a bonding capacity of $4 billion. Their annual revenue is approximately $9.2 billion.
EMCOR Group is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services.
They’ve grown quickly and substantially since launching in 1994. Today, they own over 80 companies with 170 locations. Their Construction Services division headquarters is in Fort Wayne, Indiana.
EMCOR ranks 344 on the Fortune 500® list and reported annual revenue of $8.8 billion.
5. Turner Construction
Turner Construction is a North America-based, international construction services company. They have 45 offices in the US and a presence in 20 countries.
Turner has been delivering innovative approaches to large, complex projects for 120 years. They’re seen as a leader in many major market segments, including healthcare, education, commercial, sports, aviation, pharmaceutical, retail, and green building.
With a staff of 10,000 employees, Turner completes roughly 1,500 construction projects each year. Their annual revenue is $6.9 billion.
6. DPR Construction
DPR Construction is a global self-performing commercial contractor and construction manager. They describe themselves as a unique technical builder with a passion for results.
They have 28 offices in the US, plus locations in the Netherlands, South Korea, and Singapore. Founded in 1990, the industry has consistently recognized DPR as a top 50 general contractor since 1997.
In 2021, they invested approximately 13 million worker-hours across 650 projects worldwide to generate a reported annual revenue of $6.9 billion.
Gilbane is a global integrated construction and facility management services firm. The Gilbane family of companies includes Gilbane Inc., the Gilbane Building Company, and the Gilbane Development Company.
They started as a carpentry business in 1870 founded by William and Thomas Gilbane. Since then, the Gilbane Building Company has grown to 45 offices around the world.
Gilbane manages over 1,000 projects worldwide and generates $6.5 billion in annual revenue.
8. Hensel Phelps
Hensel Phelps provides development, new construction and renovation, and facilities management. Their work spans aviation and transportation, commercial office, educational, government, healthcare, mission-critical, hospitality and leisure, industrial, justice and public safety, lab and research, multi-residence, museum and library, and more.
Founded in Greeley, Colorado in 1937, Hensel Phelps has grown from humble beginnings into a world-class builder. Greeley is still their headquarters, but they now have 10 locations across the country.
The company reports annual revenue of $5.9 billion.
9. Walsh Group
The Walsh Group is a fourth-generation family-owned business that provides design, build, finance, and operation for a wide variety of construction projects. The company comprises Walsh Construction, Arch Western, and Walsh Canada.
Founded in 1898, The Walsh Group also started as a small carpentry business. Today, they operate out of 20 regional offices across the US and Canada.
Their annual revenue is $5.4 billion. The company ranks in the top 10 largest builders for water treatment plants, wastewater treatment plants, bridges, transportation systems, airports, highways, healthcare facilities, mass transit and railways, and multi-unit residential buildings.
10. Tutor Perini
Tutor Perini Corporation is a leading civil, building, and specialty construction company specializing in large, complex projects.
Originally two separate companies, the Tutor Perini Corporation formed out of a merger in 2008. The Perini Corporation was first established in 1894 and the A.G. Tutor Company began in 1949 as a family construction business.
The company closed $4.5 billion in new projects in 2021 and reported total annual revenue of $4.6 billion.
What Do These Top Construction Companies Have in Common?
The largest US construction companies don’t all look alike.
Some of them, like Bechtel, Hensel Phelps, and The Walsh Group, are family-owned and have been around for generations. Others, like EMCOR and DPR Construction, didn’t enter the market until the 1990s.
While they all provide construction services, several of them offer additional services like engineering, procurement, fabrication, and facilities management.
One thing they all seem to have in common is a deep commitment to excellence and creating environments where diverse populations can live, work, and play. They’re embracing new technologies and setting new standards.
Mosaic’s workforce management software helps construction industry leaders build more scalable, intelligent, and profitable organizations. We’re proud to play a role in their growth.