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U.S. Construction Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies52
  • 7D3.2%
  • 3M9.0%
  • 1Y40.5%
  • YTD29.2%

Over the last 7 days, the Construction industry has risen 3.2%, driven by gains from Quanta Services of 3.5%. Meanwhile, Dycom Industries actually underperformed within the industry, shrinking 5.9% in the last week. This means that the industry has gained 40% over the past year. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

Has the U.S. Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024US$162.9bUS$141.8bUS$3.4b25.2x47.3x1.1x
Fri, 17 May 2024US$162.3bUS$141.8bUS$3.4b24.9x47.1x1.1x
Sun, 14 Apr 2024US$151.0bUS$136.3bUS$3.5b24.5x43.7x1.1x
Tue, 12 Mar 2024US$143.4bUS$136.2bUS$3.5b25.6x41.3x1.1x
Thu, 08 Feb 2024US$125.5bUS$135.6bUS$3.6b24.6x34.5x0.9x
Sat, 06 Jan 2024US$120.4bUS$135.1bUS$3.6b24.1x33.7x0.9x
Mon, 04 Dec 2023US$117.8bUS$135.1bUS$3.5b22.9x33.3x0.9x
Wed, 01 Nov 2023US$105.3bUS$131.3bUS$3.3b20.6x31.6x0.8x
Fri, 29 Sep 2023US$114.7bUS$130.5bUS$3.4b20.7x34.2x0.9x
Sun, 27 Aug 2023US$120.4bUS$130.4bUS$3.4b21.4x35.9x0.9x
Tue, 25 Jul 2023US$122.4bUS$126.7bUS$3.2b21x38.5x1x
Thu, 22 Jun 2023US$117.3bUS$126.6bUS$3.2b20.1x36.3x0.9x
Sat, 20 May 2023US$109.3bUS$126.4bUS$3.2b20x34.1x0.9x
Mon, 17 Apr 2023US$105.7bUS$122.7bUS$3.2b21.7x32.7x0.9x
Wed, 15 Mar 2023US$107.7bUS$122.9bUS$3.3b23.5x32.3x0.9x
Fri, 10 Feb 2023US$106.8bUS$115.4bUS$2.8b21.5x37.8x0.9x
Sun, 08 Jan 2023US$101.0bUS$115.1bUS$2.8b23.9x35.5x0.9x
Tue, 06 Dec 2022US$106.8bUS$115.8bUS$2.9b21.9x36.7x0.9x
Thu, 03 Nov 2022US$98.1bUS$112.7bUS$2.9b25.7x34.3x0.9x
Sat, 01 Oct 2022US$88.9bUS$111.4bUS$2.8b25.9x32.3x0.8x
Mon, 29 Aug 2022US$99.3bUS$111.4bUS$2.8b29.1x36x0.9x
Wed, 27 Jul 2022US$89.8bUS$107.8bUS$2.7b23.3x33.4x0.8x
Fri, 24 Jun 2022US$83.5bUS$107.6bUS$2.7b22.9x31.2x0.8x
Sun, 22 May 2022US$86.5bUS$107.5bUS$2.6b24.8x32.7x0.8x
Tue, 19 Apr 2022US$96.6bUS$106.1bUS$2.6b21.8x37.8x0.9x
Thu, 17 Mar 2022US$91.9bUS$100.3bUS$2.2b25.8x41.9x0.9x
Sat, 12 Feb 2022US$83.9bUS$100.2bUS$2.0b25.8x43x0.8x
Mon, 10 Jan 2022US$90.7bUS$100.0bUS$1.9b28.7x47x0.9x
Wed, 08 Dec 2021US$91.6bUS$100.0bUS$1.9b28.9x47.5x0.9x
Fri, 05 Nov 2021US$90.0bUS$98.5bUS$1.9b27.5x47.4x0.9x
Sun, 03 Oct 2021US$83.9bUS$97.9bUS$1.7b26.4x48.1x0.9x
Tue, 31 Aug 2021US$82.5bUS$98.8bUS$1.7b24.6x47.2x0.8x
Wed, 07 Jul 2021US$81.2bUS$98.8bUS$1.7b22.3x46.6x0.8x
Price to Earnings Ratio

46.6x


Total Market Cap: US$81.2bTotal Earnings: US$1.7bTotal Revenue: US$98.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Construction Industry Price to Earnings3Y Average 38.6x202220232024
Current Industry PE
  • Investors are optimistic on the American Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.3x which is higher than its 3-year average PE of 38.6x.
  • The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market1.63%
Industrials0.94%
Construction3.16%
Construction and Engineering3.16%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PWR Quanta ServicesUS$281.203.5%
+US$1.4b		51.4%PE53.6x
FIX Comfort Systems USAUS$327.198.7%
+US$929.4m		104.9%PE32.1x
EME EMCOR GroupUS$385.682.9%
+US$506.6m		120.7%PE25.2x
APG APi GroupUS$38.583.2%
+US$331.9m		51.1%PS1.5x
ACM AECOMUS$88.452.8%
+US$329.4m		2.3%PE103.4x
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Latest News

DY

US$168.34

Dycom Industries

7D

-5.9%

1Y

58.9%

AMRC

US$33.38

Ameresco

7D

-3.7%

1Y

-27.3%

ACM

US$88.45

AECOM

7D

2.8%

1Y

2.3%

AECOM's (NYSE:ACM) Share Price Could Signal Some Risk

Jun 18
AECOM's (NYSE:ACM) Share Price Could Signal Some Risk

EME

US$385.68

EMCOR Group

7D

2.9%

1Y

120.7%

EMCOR: Upward Revision In Estimates Can Drive Further Outperformance

Jun 17

VMI

US$276.46

Valmont Industries

7D

5.5%

1Y

-2.6%

Why Valmont Industries, Inc. (NYSE:VMI) Could Be Worth Watching

Jun 17
Why Valmont Industries, Inc. (NYSE:VMI) Could Be Worth Watching

FIX

US$327.19

Comfort Systems USA

7D

8.7%

1Y

104.9%

Comfort Systems USA: The Market Has Overpriced Its Growth

Jun 14

BBCP

US$6.38

Concrete Pumping Holdings

7D

-2.1%

1Y

-14.5%

APG

US$38.58

APi Group

7D

3.2%

1Y

51.1%

MYRG

US$139.78

MYR Group

7D

-4.1%

1Y

6.0%

Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

Jun 07
Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

PWR

US$281.20

Quanta Services

7D

3.5%

1Y

51.4%

STRL

US$122.68

Sterling Infrastructure

7D

7.6%

1Y

133.2%

Sterling Infrastructure: Keep On Riding Your Winners

Jun 05

MTZ

US$110.67

MasTec

7D

3.3%

1Y

0.8%

MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up

Jun 05
MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up

VATE

US$0.56

INNOVATE

7D

-11.3%

1Y

-63.2%

SHIM

US$1.50

Shimmick

7D

-6.8%

1Y

n/a

SOL

US$1.54

Emeren Group

7D

-7.8%

1Y

-58.7%

MTRX

US$10.15

Matrix Service

7D

-7.2%

1Y

82.2%