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Engineering and heavy construction

The 56 companies in this industry listed on the NYSE and Nasdaq are worth $365 bn combined; the largest are Quanta Services (PWR), Comfort Systems USA (FIX) and Ferrovial (FER). For each one: what it does, revenue, margin, free cash flow over the last five years and a score from 0 to 10.

Data as of October 2026

Evenly matched
56 companies value 365 bn revenue 218 bn margin 3.6% free cash flow 14 bn avg. score 3.5
PWR holds 25.5% of the group's value, 1.8x the runner-up
Rank Ticker Company Share Value Revenue Margin FCF 5 years FCF/px Yield What it does · why it is here
1 PWR Quanta Services
United States · score 5.8
 26% 93 bn 33 bn 4.0% 2.4 bn 2.6% 0.1% Construction of power grids and telecom networks · Largest US power grid contractor; a bottleneck of electrification
2 FIX Comfort Systems USA
United States · score 7.6
 14% 52 bn 4.0 bn 36.2% 2.2 bn 4.2% 0.2% Mechanical and electrical building installation and maintenance · Mechanical installations for data centers and industry; record backlog
3 FER Ferrovial
Spain · score 6.0
 10% 36 bn 11 bn 11.9% 2.2 bn 6.1% — Toll roads, airport concessions and construction, from Spain · Toll road and airport concessions, including Heathrow
4 EME EMCOR Group
United States · score 6.5
 9% 32 bn 19 bn 7.7% 1.2 bn 3.7% 0.2% Electrical, mechanical and building systems construction · Leader in building electrical and mechanical installations, including data centers
5 J Jacobs Solutions
United States · score 5.1
 4% 16 bn 14 bn 2.4% 0.6 bn 4.0% 1.0% Infrastructure and environmental engineering and consulting · Consulting engineering for infrastructure and water, with long public contracts
6 MTZ MasTec
United States · score 4.9
 4% 15 bn 16 bn 3.1% 0.2 bn 1.6% — Engineering and construction of telecom and energy infrastructure · Energy, telecom and pipeline infrastructure
7 STRL Sterling Infrastructure
United States · score 6.5
 4% 13 bn 3.4 bn 12.5% 0.5 bn 3.7% — Paving, earthwork and data center construction · Site development and infrastructure for data centers and highways
8 IESC IES Holdings, Inc.
United States · score 6.2
 3% 10 bn 4.0 bn 11.5% 0.2 bn 2.3% — Electrical and technology systems installation for data centers and construction · Texas — revenue of $4bn
9 TTEK TETRA TECH INC
United States · score 6.7
 2% 8.9 bn 5.1 bn 8.6% 0.6 bn 6.2% 0.8% Environmental consulting and engineering for public and private sectors · California — revenue of $5.1bn
10 STN STANTEC INC
Canada · score 6.5
 2% 7.8 bn 5.8 bn 5.9% 0.6 bn 7.9% 0.9% Engineering and project consulting, from Canada · Canada — revenue of $5.8bn
11 DY Dycom Industries
United States · score 5.5
 2% 7.7 bn 6.9 bn 4.8% 0.5 bn 6.1% — Engineering and construction of telecom networks · Builds the fiber-optic networks of US carriers
12 ACM AECOM
United States · score 5.1
 2% 7.5 bn 15 bn 1.9% 0.2 bn 2.7% 2.0% Engineering, design and construction management for infrastructure · Largest US infrastructure engineering firm by revenue
13 FLR Fluor Corporation
United States · score 0.4
 2% 6.2 bn 16 bn -12.8% -0.3 bn -5.3% 1.5% Engineering, procurement and construction of large projects · Engineering for large industrial and energy plants
14 ECG Everus Construction Group, Inc.
United States · score 6.1
 2% 5.6 bn 4.3 bn 6.0% 0.3 bn 4.5% — Electrical, mechanical and transmission line construction · North Dakota — revenue of $4.3bn
15 AGX ARGAN INC
United States · score 7.5
 1% 5.0 bn 1.2 bn 15.1% 0.6 bn 10.9% 0.6% Engineering and construction of power generation plants · Virginia — revenue of $1.2bn
16 GVA GRANITE CONSTRUCTION INC
United States · score 4.2
 1% 4.9 bn 5.0 bn -3.3% 0.5 bn 9.7% 0.5% Infrastructure construction for public and private clients · California — revenue of $5bn
17 LGN Legence Corp.
United States · score 3.1
 1% 4.8 bn 3.8 bn -1.2% 0.3 bn 6.8% — Engineering, installation and maintenance of critical building systems · California — revenue of $3.7bn
18 MWH SOLV Energy, Inc.
United States · score 6.0
 1% 4.8 bn 3.2 bn 3.8% 0.3 bn — 6.1% — Infrastructure services for the power sector · California — revenue of $3.2bn
19 IBP Installed Building Products, Inc.
United States · score 6.4
 1% 4.8 bn 3.0 bn 8.5% 0.3 bn 6.0% 1.8% Installation of insulation and building products on job sites · Ohio — revenue of $3bn
20 ROAD Construction Partners, Inc.
United States · score 4.8
 1% 4.7 bn 3.5 bn 4.1% 0.2 bn 3.7% — Highway construction and maintenance in the Southeast and Texas · Alabama — revenue of $3.5bn
21 KBR KBR Inc.
United States · score 6.1
 1% 4.6 bn 7.7 bn 5.5% 0.3 bn 7.7% 1.8% Engineering, technology and services for government and energy · Engineering for government, defense and the energy transition
22 MYRG MYR GROUP INC.
United States · score 6.4
 1% 4.4 bn 4.0 bn 4.1% 0.2 bn 4.4% — Electrical and utility construction in the US and Canada · Colorado — revenue of $4bn
23 TPC Tutor Perini
United States · score 6.9
 1% 4.1 bn 6.0 bn 2.1% 0.6 bn 15.1% 0.2% Heavy civil and building infrastructure construction · Large public works: subways, bridges and airports
24 PRIM Primoris Services
United States · score 4.7
 1% 4.0 bn 7.3 bn 1.9% 0.1 bn 2.2% 0.4% Construction and maintenance of energy infrastructure · Construction of transmission lines and renewable energy parks
25 CTRI Centuri Holdings, Inc.
United States · score 1.7
 1% 2.1 bn 3.4 bn 0.9% -0.0 bn -0.7% — Infrastructure services for energy utilities, 115 years · Arizona — revenue of $3.4bn
26 WLDN Willdan Group, Inc.
United States · score 6.1
 0% 1.1 bn 0.7 bn 8.8% 0.1 bn 5.6% — Technical consulting for utilities and public agencies · California — revenue of $742m
27 AMRC Ameresco, Inc.
United States · score 0.5
 0% 1.0 bn 1.9 bn 3.3% -0.0 bn -2.1% — Energy infrastructure, efficiency and decarbonization · Massachusetts — revenue of $1.9bn
28 CDNL Cardinal Infrastructure Group Inc.
United States · score 2.3
 0% 0.8 bn 0.7 bn 2.7% -0.0 bn -1.5% — Turnkey civil infrastructure services in North Carolina, South Carolina and Georgia · North Carolina — revenue of $663m
29 ITG ITG, Inc./DE/
United States · score 0.0
 0% 0.7 bn 1.4 bn -1.3% -0.1 bn — -13.1% — Infrastructure engineering, maintenance and deployment · Florida — revenue of $1.4bn
30 MG Mistras Group, Inc.
United States · score 5.1
 0% 0.7 bn 0.7 bn 3.6% 0.0 bn 4.2% — Asset inspection, nondestructive testing and monitoring · New Jersey — revenue of $739m
31 LMB Limbach Holdings, Inc.
United States · score 6.6
 0% 0.6 bn 0.7 bn 4.4% 0.1 bn 8.7% — Mechanical, electrical and plumbing building systems · Florida — revenue of $684m
32 BBCP Concrete Pumping Holdings, Inc.
United States · score 3.7
 0% 0.5 bn 0.4 bn 2.4% 0.0 bn 3.4% — Concrete pumping · Colorado — revenue of $423m
33 ORN Orion Group Holdings Inc
United States · score 1.3
 0% 0.4 bn 0.9 bn 0.4% -0.0 bn -5.2% — Heavy marine and infrastructure construction · Texas — revenue of $896m
34 PHOE Phoenix Asia Holdings Ltd
Hong Kong · score 0.6
 0% 0.4 bn 0.0 bn -16.7% -0.0 bn -1.6% — Foundations, site formation and ground investigation in Hong Kong, as a subcontractor · Hong Kong — revenue of $7m
35 NOA North American Construction Group Ltd.
Canada · score 2.7
 0% 0.3 bn 0.9 bn 2.6% -0.0 bn -3.7% 2.9% Mining and earthmoving services, from Canada · Canada — revenue of $914m
36 MTRX MATRIX SERVICE CO
United States · score 2.5
 0% 0.3 bn 0.9 bn -0.3% 0.0 bn 0.5% — Engineering, fabrication and maintenance for energy infrastructure · Oklahoma — revenue of $874m
37 ESOA Energy Services of America CORP
United States · score 4.6
 0% 0.2 bn 0.5 bn — 0.0 bn 3.1% 0.9% Pipeline and energy infrastructure construction · West Virginia — revenue of $467m
38 VATE INNOVATE Corp.
United States · score 2.8
 0% 0.1 bn 1.5 bn -1.5% 0.1 bn 173.3% 2.2% Steel structures and construction (DBM Global, being sold), plus life sciences · New York — revenue of $1.5bn
39 TISI TEAM INC
United States · score 0.0
 0% 0.1 bn 0.9 bn -3.7% 0.0 bn 0.8% — Specialty industrial inspection and heat treating services · Texas — revenue of $894m
40 SHIM Shimmick Corp
United States · score 0.0
 0% 0.1 bn 0.4 bn -3.8% -0.1 bn -55.2% — Construction of water, energy and transportation infrastructure · California — revenue of $437m
41 SLND Southland Holdings, Inc.
United States · score 0.0
 0% 0.0 bn 0.6 bn -67.0% -0.2 bn -376.3% — Specialty infrastructure construction, with roots going back to 1900 · Texas — revenue of $603m
42 CETX CEMTREX INC
United States · score 0.0
 0% 0.0 bn 0.1 bn -38.8% -0.0 bn -320.5% — Industrial services (rigging and machinery relocation), Vicon video security and aerospace sensors · New York — revenue of $71m
43 KAZR Skyline Builders Group Holding Ltd
Hong Kong · score 2.6
 0% 0.0 bn 0.1 bn 18.1% 0.0 bn -9.2% — Building construction in Hong Kong · Hong Kong — revenue of $50m
44 ONEG OneConstruction Group Ltd
Hong Kong · score 3.0
 0% 0.0 bn 0.1 bn -26.8% 0.0 bn 11.7% — Structural steel for construction in Hong Kong · Hong Kong — revenue of $49m
45 MSGY Masonglory Ltd
Hong Kong · score 0.0
 0% 0.0 bn 0.0 bn -34.0% -0.0 bn -125.8% — Construction contracting in Hong Kong · Hong Kong — revenue of $24m
46 FBGL FBS Global Ltd
Singapore · score 0.0
 0% 0.0 bn 0.0 bn -7.9% 0.0 bn -88.6% — Construction and interior fit-out contracting, from Singapore · Singapore — revenue of $19m
47 SPHL SPRINGVIEW HOLDINGS LTD
Singapore · score 0.5
 0% 0.0 bn 0.0 bn -23.5% 0.0 bn -7.7% — Interior design and fit-out contracting, from Singapore · Singapore — revenue of $7m
48 FGL Founder Group Ltd
Malaysia · score 1.0
 — — 0.0 bn -6.4% -0.0 bn — — Engineering and construction of solar plants in Malaysia · Malaysia — revenue of $30m
49 MGN Megan Holdings Ltd.
Malaysia · score 3.3
 — — 0.0 bn 1.0% 0.0 bn — — — Construction and maintenance of aquaculture farms · Malaysia — revenue of $21m
50 MAGH Magnitude International Ltd
Singapore · score 1.4
 — — 0.0 bn -12.2% 0.0 bn — — Electrical installation services for private and public buildings in Singapore · Singapore — revenue of $15m
51 PMA PMA Graphene Technology Group Inc.
Hong Kong · score 2.5
 — — 0.0 bn -39.4% 0.0 bn — — Finishing works in Hong Kong and, since Jun 2026, graphene materials for thermal management · Hong Kong — revenue of $15m
52 SKK SKK Holdings Ltd
Singapore · score 1.2
 — — 0.0 bn -22.6% -0.0 bn — — Foundations and civil works in Singapore · Singapore — revenue of $13m
53 WXM WF International Ltd.
China · score 1.4
 — — 0.0 bn -77.4% 0.0 bn — — Installation and maintenance of HVAC, floor heating and water purification systems in China · China — revenue of $7m
54 TJGC TJGC GROUP Ltd
Hong Kong · score 0.7
 — — 0.0 bn -81.8% 0.0 bn — — Engineering and construction in Hong Kong · Hong Kong — revenue of $4m
55 MIMI Mint Inc Ltd
Hong Kong · score 1.2
 — — 0.0 bn -338.2% 0.0 bn — — Interior design and fit-out works in Hong Kong · Hong Kong — revenue of $3m
56 OFAL OFA Group
United States · score 3.3
 — — 0.0 bn -11x 0.0 bn — — Interior design, project management and fit-out works in Hong Kong · United States

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What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.

The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.

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