Commercial construction is on a roll. Nearly 69% of companies on Engineering News-Record’s ENR 2019 Top 400 Contractors increased their revenue last year compared to 2017 and as a group, the 373 companies that submitted surveys to ENR generated a new record of $405 billion in 2018 contracting revenue, a roughly 8% increase over the prior year.
To find out more about what’s behind the growth, Construction Dive has taken a comprehensive look into ENR’s top 10 firms by 2018 contracting Roulette revenue. Get to know these industry heavy hitters with a look at some high-profile projects and interesting facts that make them industry leaders. And compare this year with last year’s list as well.
1. Bechtel
Revenue: $16.8 billion
Headquarters: Reston, Virginia
Ownership: Private
Last year’s ranking: 1
High-profile projects: Cheniere Energy’s $11 billion Liquefaction project in Corpus Christi, Texas, and Tellurian’s $27.5 billion Driftwood LNG export terminal near Lake Charles, Louisiana.
Interesting fact: Bechtel has topped the list 21 years in a row. It is No. 11 on Forbes’ list of the largest privately owned American companies.
Bayer
2. Fluor
Revenue: $15.6 billion
Headquarters: Irving, Texas
Ownership: Public (NYSE: FLR)
Last year’s ranking: 2
High-profile projects: A joint venture with Balfour Beatty for a $1.7B Dallas highway contract and Bayer’s first-of-a-kind cell culture technology center in Berkeley, California.
Interesting fact: Fluor tops all U.S. construction firms in the petroleum and industrial sector.
3. Turner Corp.
Revenue: $13 billion
Headquarters: New York City
Ownership: Turner is a subsidiary of the German company Hochtief, which is publicly traded on German stock exchanges.
Last year’s ranking: 3
High-profile projects: The new $4.5 billion Los Angeles Rams stadium, in a joint venture with AECOM Hunt.
Interesting fact: Since its founding in 1902, Turner contributed to the construction of many landmark projects in New York City, including Madison Square Garden, Lincoln Center and Yankee Stadium.
4. AECOM
Revenue: $11.2 billion
Headquarters: Los Angeles
Ownership: Public (NYSE: ACM)
Last year’s ranking: 4
High-profile project: The Grand, a $1 billion mixed-use development in downtown Los Angeles from Related Cos.
Interesting fact: This January, AECOM was named one of Fortune magazine’s “World’s Most Admired Companies” for the fifth consecutive year.
5. Whiting-Turner
Revenue: $8.4 billion
Headquarters: Baltimore
Ownership: Private
Last year’s ranking: 8
High-profile projects: The $5.5 billion, 235-acre Port Covington waterfront redevelopment project in Baltimore, Maryland, and (in a joint venture with Kokosing Construction Co.) a $1.5 billion Amazon air hub at the Cincinnati/Northern Kentucky Airport.
Interesting fact: Whiting-Turner is construction manager for the Reach, a new outdoor stage and concert venue at the John F. Kennedy Center for the Performing Arts in Washington, D.C., set to open this fall.
6. Kiewit Corp.
Revenue: $8.2 billion
Headquarters: Omaha, Nebraska
Ownership: Employee-owned
Last year’s ranking: 5
High-profile projects: The $1.4 billion Seattle-area light rail expansion and a $5 billion liquified natural gas export terminal in Louisiana.
Interesting fact: Kiewit traces its history to 1884, when Peter Kiewit and Andrew Kiewit formed Kiewit Brothers, an Omaha, Nebraska, masonry contracting partnership.
Skanska USA
7. Skanska USA
Revenue: $7.5 billion
U.S. headquarters: New York City
Ownership: Skanska USA is owned by Skanska AB, a publicly traded Swedish firm.
Last year’s ranking: 6
High-profile projects: LaGuardia Airport redevelopment, a $60 million piece of the East Side Access project in New York City and a $39 million school contract in Washington state.
Interesting fact: The company offers its jobsite employees Kask helmets instead of hard hats.
8. PCL Construction Enterprises Inc.
Revenue: $6.9 billion
Headquarters: Denver
Ownership: Employee-owned
Last year’s ranking: 7
High-profile projects: A new hospital in Grand Forks, North Dakota, in a joint-venture operation with local firm Community Contractors.
Interesting fact: PCL Construction is partnering with CopperTree Analytics to embed data and energy analytics services into new and existing buildings during the construction process.
9. McDermott International Inc.
Revenue: $6.7 billion
U.S. headquarters: Houston
Ownership: Public (NYSE: MDR)
Last year’s ranking: 9
High-profile project: The Golden Pass project with joint venture partners Chiyoda International Corp. and Zachry Group.
Interesting fact: McDermott merged with CB&I in a $6 billion deal last year.
DPR Construction
10. DPR Construction
Revenue: $5.8 billion
U.S. headquarters: Redwood City, Calif.
Ownership: Employee-owned
Last year’s ranking: 15
High-profile project: A 583,800-square-foot, seven-story tower addition to the Mayo Clinic West project in Phoenix.
Interesting fact: DPR is a flat organization, meaning it has a shared leadership structure with a management committee instead of a CEO.