1. BigRentz
  2. Think Big Blog
  3. 31 Top Commercial Construction Companies To Watch in 2024

31 Top Commercial Construction Companies To Watch in 2024

31 Top Commercial Construction Companies To Watch in 2024

The construction industry in America is on a roll. Spending on construction in the U.S. hit $1.9 trillion in 2023, a 7% rise in spending from 2022. But who is driving all of this growth?

There are many different sub-industries of the construction business, performing work in different areas like commercial, industrial, institutional and civil construction services. Every year, Engineering News-Record (ENR) releases its list of the Top 400 Contractors. According to their recent 2023 report, the companies featured generated a combined $460 billion.

To find the industry leaders, we looked at the revenue and major projects of firms, using data sourced both from ENR’s list as well as our own research. Get to know the top commercial construction companies to watch in 2024 below.

Table of Contents:

1. Turner Corporation


New York-based Turner Corporation has been responsible for shaping many landmarks in the city’s iconic skyline, including Madison Square Garden and Yankee Stadium. Outside of New York, they built the Rams Stadium in Los Angeles and the Martin Luther King Jr. National Memorial in Washington, D.C.

Company founders refer to Turner as the “largest small contractor in America” due to its system of serving as local contractors in each community. (They are responsible for building 20 of the 100 tallest buildings in the world!)

2. Bechtel


Bechtel has established itself at the top of many published lists of top construction companies – and for good reason. The company has completed more than 25,000 construction and civil engineering projects worldwide, including iconic projects such as the Hoover Dam and the Channel Tunnel. They’ve also worked on Tellurian’s $275 billion Driftwood LNG export terminal.

Bechtel has a staggering workforce of 55,000 people in nearly 50 countries, but are headquartered in San Francisco, CA.

3. MasTec Inc.


MasTec Inc. are experts in water and sewer solutions, including treatment facilities. However, this is not all MasTec Inc. can do. The company also offers solutions for civil engineering like powerlines, communication lines, EV charging stations, oil and gas and power generation.

MasTec Inc. has 80 years of construction experience and boasts a workforce of just under 22,000 workers across the American map.

4. Kiewit Corporation


With roots going back to 1884, Kiewit started as a small firm run by two hardworking brothers before growing into one of the most highly respected Fortune 500 construction powerhouses. The employee-owned organization headquartered in Omaha, NE has mined more than 750 million tons of coal and built more lanes of highway systems than any other contractor in the U.S.

Top projects include the Seattle Light Rail expansion and a $5 billion natural gas export terminal in Louisiana.

5. STO Building Group


Established to provide interior office construction for top companies, STO Building Group boasts an assortment of creative projects across the map — including the U.S., Canada, U.K. and Ireland. Some top projects include the MPM Bioimpact and DZ financial offices in Boston and New York, respectively.

Today, STO Building Group has over 4,500 employees in 54 offices across the globe. It is responsible for about $9.5 billion in construction spending annually.

6. DPR Construction


DPR Construction is an employee-owned, flat organization with shared leadership across a committee. The company is a national leader in building technically challenging and environmentally complex projects, and is known for building biopharmaceutical corporate offices, healthcare facilities, and buildings that emphasize energy efficiency.

One of their major projects was the 583,800 square-foot Mayo Clinic West expansion in Phoenix, but they’re perhaps most famous for their work on Pixar Animation Studios in their home state of California.

7. Whiting-Turner Contracting

whiting turner

Operating since 1909, Whiting-Turner Contracting is one of the nation’s largest construction management companies offering a full spectrum of services on projects small and large. WTC, headquartered in Baltimore, MD  is consistently ranked on many construction lists and is well-known for its stability in the industry – it has not borrowed money since 1939 and has had no buyouts, acquisitions, or name changes.

Some major projects they’ve been a part of are the Port Covington waterfront project in Baltimore as well as the $1.5 billion Amazon air hub at the Cincinnati Airport.

8. Fluor Corporation


Fluor is another highly-ranked company, known for its work in the petroleum and industrial sectors in the United States. In recent years, the company has expanded its environmental services to include nuclear waste cleanup projects and disaster rebuilding, which have become a significant part of its business.

Located in Irving, TX, one of their major projects was Bayer’s cell-culture technology center in Berkeley, CA.

 9. Clark Group


Founded in 1906, Clark Group has grown to become one of the largest construction companies for infrastructure in the United States. Their projects range from public education facilities to hospitals, government buildings, judicial premises and more. Some of their top projects include the International Spy Museum and the National Museum of African American History and Culture, both located in Washington, D.C.

Clark Group brings in over $6 billion in annual revenue and employs more than 4,400 workers.

10. Skanska USA


Skanska USA is owned by its parent company Skanska AB, a publicly-traded Swedish firm. They are located in New York, NY, home to one of their biggest projects: LaGuardia Airport’s $60 billion redevelopment.

The company is also known for its people-focused culture, offering durable, high-density helmets to worksite crew and supporting mentor groups for women in construction. Skanska serves a wide range of clients including those in healthcare, aviation, water, and power.

11. Hensel Phelps Construction


Founded in 1937, Hensel Phelps has a long history of developing city districts. Located in Greeley, CO, the company is known for its commitment to technological innovation – it made headlines for using drone surveying and 3-D site survey technology to track, map, and measure the Daniel K. Inouye Airport project in Hawaii.

One of their other major projects was the Airside Four renovation project at Orlando International Airport.

12. Gilbane Building Company


With over 146 years of experience in the industry, Gilbane Building Company is a family-owned firm in its fifth generation. Located in Providence, RI, they are considered a leader in real estate development.

Gilbane provides integrated construction and facility management services and has attained a number of industry awards, including five Construction Users Round Table Safety Awards. They are responsible for Holloman Air Force’s $45 million new medical clinic in New Mexico.

13. PCL Construction Enterprises


PCL is a group of independent construction companies operating across the United States and other countries. The company made headlines for partnering with CopperTree Analytics to embed data and energy analytics and IoT services into its construction processes. PCL is also known for its strong safety culture – the company’s lost time frequency rate is five times better than the national average.

In 2014, they built the first LEED Platinum commercial airport in the U.S.: the San Diego International Airport, Terminal Two building. More recently, they also built the Stadium for the Los Angeles Football Club.



In addition to generating some of the most impressive and livable public spaces in the world and delivering clean water and energy, AECOM has been named one of Fortune magazine’s World’s Most Admired Companies for the past five consecutive years.

The company is known for being one of the largest design firms and brings together 45,000 creative, technical, and management experts. Headquartered in Los Angeles, CA, they’ve worked on a billion-dollar mixed-use development (The Grand) as well as Olympic Park in London.

15. The Walsh Group


The Chicago-based Walsh Group has been in the construction business since 1898, providing a range of general contracting, design, and construction management services and boasting a portfolio of award-winning projects.

Walsh is ranked first in the construction industry for being the largest bridge builder, largest water treatment builder, and largest wastewater treatment plant builder in the world. They’ve built the Chicago Riverwalk in their hometown, as well as the Dart Blue Line in Dallas, TX.

16. JE Dunn Construction Group


JE Dunn Construction Group is the eighth-largest general contractor business in the United States, with 26 offices and hundreds of projects across the country. With a variety of specialties spanning from healthcare to aviation, corporate environments and more, JD Dunn is certainly a multifaceted company. They are also a successful one, making about $6 billion annually.

However, JE Dunn doesn’t believe in just completing projects for revenue — they also prioritize their employees’ happiness. In fact, JE Dunn won the 2023 US Best Managed Company Gold Standard award through the Best Managed Companies program.

17. ARCO Construction Cos.


Founded in 1992, ARCO dedicates itself to making construction enjoyable for customers and associates. Now, the company is the largest builder of beverage distribution centers. Its first project for the beer industry was a 35,544-square-foot warehouse for A&B Distributors in Muskogee, Oklahoma.

ARCO also has a partnership with TopGolf that’s allowed ARCO to complete over 50 state-of-the-art golf projects from coast to coast.

18. HITT Contracting Inc.


HITT Contracting Inc. brought in a total revenue of over $5.4 billion, pushing it to join the ranks of ENR’s Top Contractor list in 2023 for the first time ever. HITT says the success of their company stems from strategically supporting their clients’ growth, fostering trusting relationships and expanding when their clients are ready.

According to CEO Kim Roy, “This year’s record growth was fueled by our steady, strategic national expansion plan for our 13 regional offices, which contribute nearly half of the company’s overall revenue.”

19. McCarthy Holdings Inc.


McCarthy Holdings prides itself on providing a great experience for everyone throughout the project life cycle. This commitment to greatness is reflected in their leading values, which are “Genuine,” “We, not I” and “All in.” As a 100% employee-owned business and a dedication to diversity in the workplace, these values are more than just words.

McCarthy builds a variety of projects, from infrastructure to buildings. Some of their top projects include the Kansas City Proton Institute and the Red Rock Solar Plant.

20. Clayco


Awarded ENR’s number one midwest top 400 contractor spot, Clayco stands up to its goal of providing the highest quality constructions on time, on budget and above expectations. With an annual revenue of $5.8 billion and over 3,500 hundred employees, they are one of the largest commercial construction companies.

Some of Clayco’s top projects include the Fort Wayne International Airport East Terminal Expansion and Renovation Project, as well as the Tyson Foods Processing Facility.

Additional Commercial Construction Companies

Want to take a look at even more top commercial construction companies? Explore our extended list below to see additional noteworthy companies to keep an eye on in 2024. These companies are some of the largest construction companies out there and produce some of the highest-quality work.

  1. EMCOR: With a 2022 revenue of $11.1 billion, EMCOR is a Fortune 500® company that’s leading the way in infrastructure and building services. EMCOR has over 180 locations nationwide but has its headquarters in Norwalk, CT.
  2. Tutor Perini: Starting out as a family-owned business, Tutor Perini takes pride in fulfilling its values of intelligence, intensity and integrity. Over the last 120 years, Tutor Perini has built railroads and monuments and employed in-need workers during the Great Depression. Tutor Perini’s revenue hit $3.8 billion in 2022.
  3. Balfour Beatty: Grossing an impressive $8.9 billion in 2022, Balfour Beatty deserves a spot on the list of largest commercial construction companies. The company has an international presence and prides itself on its work in infrastructure.
  4. Swinerton: This company, based in Concord, CA, is a private firm that grossed $4.5 billion in 2022. Swinerton has over 4,000 employees and is 100% employee-owned.
  5. Holder Construction Group: Headquartered in Atlanta, Georgia, Holder Construction Group produces a variety of builds, like classrooms, laboratories, performing arts centers and more. In 2023, the company earned an estimated $4.6 billion in revenue.
  6. Brasfield & Gorrie: This construction company has been Modern Healthcare’s General Contractor since 1998 — a 25-year legacy. Brasfield & Gorrie have a wide range of expertise, building everything from aerospace facilities to education, healthcare and energy constructions.
  7. Granite Construction: Dedicated to construction safety and excellent building for stakeholders, it’s no wonder Granite Construction has become one of the largest construction companies in the U.S. Their estimated annual revenue is $3 billion, and the company is headquartered in Watsonville, CA.
  8. Black & Veatch: Reporting an annual revenue of $4.5 billion in 2022, Black & Veatch has certainly earned their place on our list of some of the largest construction companies in the US. Not only is the company large, but it’s also claimed its spot as Newsweek’s America’s Greatest Workplaces for Diversity.
  9. Henkels & McCoy: Founded in 1923, Henkels & McCoy now has about 7,500 employees and the revenue per employee ratio is about $200,000. This puts their estimated annual earnings at about $1.5 billion.
  10. Alberici: This company brings in an estimated yearly revenue of $2.6 billion as workers strive to stay true to Alberici’s mission statement of being “built for the challenge.” It seems they do the job well, as Alberici’s Kings Bay Dry Dock project is a finalist for ENR’s “Project of the Year” Distinction.
  11. Barton Malow: With an annual revenue of $2.4 billion, Barton Malow has certainly grown since its founding in 1924. The company offers construction in a wide variety of markets, such as automotive, commercial, energy and healthcare.

The Top Construction Companies of the Future

The spectrum of companies at the top of the construction industry is wide, showcasing projects of different size, scope, and industry. Whether you’re a construction employee looking for a new company or the owner of your own firm looking for ideas on how to grow, these industry leaders can offer inspiration and demonstrate what’s possible for the construction industry in the future.

With innovative leaders like these at the helm, we can look forward to more exciting projects that change and define the world. Not only will these construction giants continue to erect world-renowned landscape-shaping projects, but they’ll continue to inspire small business owners to evolve and innovate at the community level, too.

One way that construction firm owners are innovating is by changing the way that they source their equipment, finding opportunities to save time, budget and resources by continuing to push toward a leaner-owned inventory.

To learn how you can do the same in your own company, read our guide to renting vs. owning construction equipment or browse rentals today.

Get the equipment you need

Get the latest from the Think Big Blog delivered to your inbox.

Equipment Rental Guides

Download any of our free rental guides and learn how to pick the right equipment to fit your project needs.