Company Rankings

Largest Construction Companies (2026)

The 25 largest construction and engineering companies by revenue, ranked on Fortune 2026 data for fiscal 2025, led by CSCEC, CREC and CRCC.

The largest construction companies in the world are dominated by Chinese state-owned contractors, followed by French, Spanish and US groups. This list ranks 25 companies that Fortune classifies under engineering and construction by their total revenue for fiscal 2025, drawing on the Fortune Global 500 2026, the Fortune 500 Europe 2026 and the US Fortune 500 2026.

China State Construction Engineering Corporation is by far the largest, with revenue of US$289.9bn, almost double that of the second-placed China Railway Engineering Group. Ten of the 25 companies are Chinese, and the five largest are all Chinese state-owned groups.

Contents
  1. Composition of the ranking
  2. Methodology
  3. The list
  4. Ranking table
  5. Other notable contractors
  6. Frequently asked questions
  7. See also

Composition of the ranking

Ten Chinese companies make up the core of the ranking, eight of which Fortune flags as government owned 50% or more; Pacific Construction Group and Susun Construction Group are listed as private companies. The five largest Chinese contractors each reported revenue above US$100bn.

Outside China, the largest groups are French (Vinci, Bouygues and Eiffage) and Spanish (ACS). The United States contributes six companies, most of them specialist contractors for utility, electrical and energy infrastructure, such as Quanta Services, EMCOR and MasTec, rather than general builders.

Profitability varies widely. Vinci, whose business includes motorway and airport concessions, reported net profit of US$5.5bn, while several Chinese contractors with far higher revenue reported net margins of around 1% or less.

Methodology

The ranking combines every company that Fortune classifies under engineering and construction in three 2026 lists: the Fortune Global 500, the Fortune 500 Europe and the US Fortune 500. The Global 500, published on 28 July 2026, ranks companies by revenue for fiscal 2025. Companies appearing on more than one list are counted once, using their Global 500 figures. Entries are ordered strictly by total revenue for the latest fiscal year in US dollars as published by Fortune, which converts non-US figures at the average exchange rate of each company's fiscal year.

Homebuilders, building-materials producers and construction-machinery makers, which Fortune classifies separately, are excluded. Revenue is total company revenue, not construction revenue alone, so diversified groups such as Bouygues and Vinci include their non-construction activities.

Coverage limitation. The Global 500 includes only companies with revenue of at least about US$33.2bn, the revenue of its 500th company. Contractors headquartered outside Europe and the United States with revenue below that level, including large Japanese, Korean, Indian and many Chinese provincial contractors, do not appear in any of the three lists and are therefore not ranked here, even though some may have revenue above the US$12.5bn of the 25th entry.

The list

1

China State Construction Engineering (CSCEC)

Best for: Building construction

China State Construction Engineering Corporation is the largest construction company in the world by revenue and the only contractor in the top 25 of the Fortune Global 500 2026, where it ranks 17th. Fortune records fiscal 2025 revenue of US$289.9bn, down 4.7%, and net profit of US$3.1bn. It is government owned 50% or more, according to Fortune. Headquartered in Beijing, it employs 370,272 people, the largest workforce of any company on this list.

Revenue (latest fiscal year)
US$289.9bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
-4.7%
Employees
370,272
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Zheng Xuexuan
Fortune Global 500 2026 rank
17
Stock listing (Fortune)
Not listed
2

China Railway Engineering Group (CREC)

Best for: Railway and civil engineering

China Railway Engineering Group is a state-owned infrastructure contractor best known for railway construction. Fortune records fiscal 2025 revenue of US$152.2bn, down 5.7%, and net profit of US$1.2bn. Fortune flags it as government owned 50% or more. The group is headquartered in Beijing, employs 302,527 people and ranks 49th in the Global 500.

Revenue (latest fiscal year)
US$152.2bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
-5.7%
Employees
302,527
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Chen Wen Jian
Fortune Global 500 2026 rank
49
Stock listing (Fortune)
Not listed
3

China Railway Construction (CRCC)

Best for: Railway and civil engineering

China Railway Construction Corporation is the second of China's two large railway contractors, with revenue only about US$8.7bn below China Railway Engineering Group. Fortune records fiscal 2025 revenue of US$143.5bn, down 3.3%, and net profit of US$1.2bn. It is government owned 50% or more. The company is based in Beijing and employs 304,927 people, slightly more than its rival.

Revenue (latest fiscal year)
US$143.5bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
-3.3%
Employees
304,927
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Dai Hegen
Fortune Global 500 2026 rank
57
Stock listing (Fortune)
Not listed
4

China Communications Construction (CCCC)

Best for: Transport infrastructure

China Communications Construction Company builds transport infrastructure such as ports, roads and bridges. Fortune records fiscal 2025 revenue of US$134.1bn, down 3.7%, and net profit of US$276m. It is government owned 50% or more, according to Fortune. Headquartered in Beijing, it employs 198,592 people and ranks 66th in the Global 500.

Revenue (latest fiscal year)
US$134.1bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
-3.7%
Employees
198,592
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Song Hailiang
Fortune Global 500 2026 rank
66
Stock listing (Fortune)
Not listed
5

PowerChina

Best for: Power and hydro projects

PowerChina (Power Construction Corporation of China) specialises in power-generation, hydropower and water-infrastructure projects. It is the fifth and last Chinese contractor with revenue above US$100bn, reporting US$101.9bn for fiscal 2025, up 2%. Fortune flags it as government owned 50% or more. It employs 179,815 people.

Revenue (latest fiscal year)
US$101.9bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
2%
Employees
179,815
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Ding Yanzhang
Fortune Global 500 2026 rank
104
Stock listing (Fortune)
Not listed
6

Vinci

Best for: Construction and concessions

Vinci is the largest construction company outside China by revenue and the largest in Europe. Its businesses include construction, energy services and concessions such as motorways and airports. Fortune records fiscal 2025 revenue of US$85.4bn, up 8.5%, and net profit of US$5.5bn, the highest of any company on this list. The group is headquartered in Nanterre and employs 293,786 people.

Revenue (latest fiscal year)
US$85.4bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
8.5%
Employees
293,786
Headquarters
Nanterre, France
Industry (Fortune)
Engineering & Construction
Fortune Global 500 2026 rank
149
7

Pacific Construction Group

Best for: Infrastructure

Pacific Construction Group is a Chinese infrastructure contractor that Fortune lists as a private company, without the state-ownership flag carried by most Chinese contractors on the list. Fortune gives Urumqi as its headquarters city and records fiscal 2025 revenue of US$79.3bn, up 5.2%. Its reported net profit of US$5.2bn is the second highest on this list, after Vinci. It employs 208,135 people.

Revenue (latest fiscal year)
US$79.3bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
5.2%
Employees
208,135
Headquarters
Urumqi, China
Industry (Fortune)
Engineering & Construction
Chief executive
Yan Hao
Fortune Global 500 2026 rank
170
Stock listing (Fortune)
Not listed
8

Bouygues

Best for: Construction and diversified

Bouygues is a diversified French group whose activities include construction, energy and services, telecommunications and media. Fortune classifies it under engineering and construction and records fiscal 2025 revenue of US$64.2bn, up 4.5%, with net profit of US$1.3bn. It is headquartered in Paris and employs 192,158 people.

Revenue (latest fiscal year)
US$64.2bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
4.5%
Employees
192,158
Headquarters
Paris, France
Industry (Fortune)
Engineering & Construction
Fortune Global 500 2026 rank
229
9

China Energy Engineering Group

Best for: Energy infrastructure

China Energy Engineering Group designs and builds power plants, grids and other energy infrastructure. Fortune flags it as government owned 50% or more. Fiscal 2025 revenue was US$63.4bn, up 3.8%, and net profit was US$338m. It is headquartered in Beijing and employs 117,995 people.

Revenue (latest fiscal year)
US$63.4bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
3.8%
Employees
117,995
Headquarters
Beijing, China
Industry (Fortune)
Engineering & Construction
Chief executive
Ni Zhen
Fortune Global 500 2026 rank
234
Stock listing (Fortune)
Not listed
10

ACS Group

Best for: Construction

ACS Actividades de Construcción y Servicios is a Spanish construction group. Fortune records fiscal 2025 revenue of US$56.2bn, up 24.9%, the fastest growth among the ten largest companies on this list. Net profit was US$1.1bn. ACS is headquartered in Madrid and employs 167,803 people.

Revenue (latest fiscal year)
US$56.2bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
24.9%
Employees
167,803
Headquarters
Madrid, Spain
Industry (Fortune)
Engineering & Construction
Fortune Global 500 2026 rank
270
11

Susun Construction Group

Best for: Building construction

Susun Construction Group is a Shanghai-based construction company. Fortune lists it as a private company, without the government-ownership flag. Its fiscal 2025 revenue was US$45.9bn, up 2%, and net profit was US$69m. It employs 101,372 people.

Revenue (latest fiscal year)
US$45.9bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
2%
Employees
101,372
Headquarters
Shanghai, China
Industry (Fortune)
Engineering & Construction
Chief executive
Yan Xin
Fortune Global 500 2026 rank
340
Stock listing (Fortune)
Not listed
12

Guangzhou Municipal Construction Group

Best for: Urban infrastructure

Guangzhou Municipal Construction Group builds urban infrastructure and is government owned 50% or more, according to Fortune. Fiscal 2025 revenue was US$37.8bn, up 6%, and net profit was US$123m. It is headquartered in Guangzhou, employs 45,635 people and ranks 430th in the Global 500.

Revenue (latest fiscal year)
US$37.8bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
6%
Employees
45,635
Headquarters
Guangzhou, China
Industry (Fortune)
Engineering & Construction
Chief executive
Li Shuijiang
Fortune Global 500 2026 rank
430
Stock listing (Fortune)
Not listed
13

Shudao Investment Group

Best for: Transport infrastructure investment

Shudao Investment Group is a state-owned transport-infrastructure investment and construction group based in Chengdu. Fortune flags it as government owned 50% or more and classifies it under engineering and construction. Fiscal 2025 revenue was US$37.2bn, up 4.1%, while net profit was only US$2.9m, the lowest of the profitable companies on this list. It employs 59,970 people.

Revenue (latest fiscal year)
US$37.2bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
4.1%
Employees
59,970
Headquarters
Chengdu, China
Industry (Fortune)
Engineering & Construction
Chief executive
Zhang Sheng
Fortune Global 500 2026 rank
445
Stock listing (Fortune)
Not listed
14

Daiwa House Industry

Best for: Housing and commercial construction

Daiwa House Industry builds houses, apartments and commercial and logistics facilities and is the only Japanese company in this ranking. Its figures are for the fiscal year ended 31 March 2026. Revenue was US$37.0bn, up 3.8%, and net profit was US$2.3bn. It is headquartered in Osaka and employs 55,712 people.

Revenue (latest fiscal year)
US$37.0bn (Fortune, converted to US dollars)
Fiscal year end
31 March 2026
Revenue change (US$)
3.8%
Employees
55,712
Headquarters
Osaka, Japan
Industry (Fortune)
Engineering & Construction
Chief executive
Keiichi Yoshii
Fortune Global 500 2026 rank
449
Stock listing (Fortune)
Listed
15

Eiffage

Best for: Construction and concessions

Eiffage is the third French group on this list, after Vinci and Bouygues, and the largest contractor not included in the Global 500. Fortune Europe records fiscal 2025 revenue of US$29.5bn, up 13.38%. Its Fortune entry gives Vélizy-Villacoublay as headquarters city and records 84,768 employees.

Revenue (latest fiscal year)
US$29.5bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
13.38%
Employees
84,768
Headquarters
Vélizy-Villacoublay, France
Industry (Fortune)
Engineering, Construction
Fortune 500 Europe 2026 rank
148
16

Quanta Services

Best for: Utility infrastructure

Quanta Services is the largest US company that Fortune classifies under engineering and construction. It builds and maintains electric transmission and distribution networks and other utility infrastructure. Fortune records revenue of US$28.5bn, up 20.3%. The company is headquartered in Houston and employs 69,500 people.

Revenue (latest fiscal year)
US$28.5bn (Fortune)
Fiscal year
Fiscal 2025 (company fiscal calendar)
Revenue change (US$)
20.3%
Employees
69,500
Headquarters
Houston, Texas, US
Industry (Fortune)
Engineering & Construction
Fortune 500 2026 rank
157
17

Strabag

Best for: Construction

Strabag is an Austrian construction group active in building, civil engineering and road construction across Europe. Fortune Europe records fiscal 2025 revenue of US$21.1bn, up 12.03%. Its Fortune entry gives Villach as headquarters city and records 76,942 employees.

Revenue (latest fiscal year)
US$21.1bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
12.03%
Employees
76,942
Headquarters
Villach, Austria
Industry (Fortune)
Engineering, Construction
Fortune 500 Europe 2026 rank
213
18

Kiewit

Best for: Civil and industrial construction

Peter Kiewit Sons', which operates as Kiewit, is listed by Fortune as a private company. Revenue was US$18.2bn, up 8.2%, and net profit was US$1.6bn. Kiewit is headquartered in Omaha, Nebraska, and employs 34,500 people.

Revenue (latest fiscal year)
US$18.2bn (Fortune)
Fiscal year
Fiscal 2025 (company fiscal calendar)
Revenue change (US$)
8.2%
Employees
34,500
Headquarters
Omaha, Nebraska, US
Industry (Fortune)
Engineering & Construction
Chief executive
Rick Lanoha
Fortune 500 2026 rank
242
Stock listing (Fortune)
Not listed
19

Skanska

Best for: Construction

Skanska is a Swedish construction and project-development group. Fortune Europe records fiscal 2025 revenue of US$18.0bn, up 7.84%. It is headquartered in Stockholm and employs 25,865 people. Its revenue was within about US$210m of Kiewit's.

Revenue (latest fiscal year)
US$18.0bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
7.84%
Employees
25,865
Headquarters
Stockholm, Sweden
Industry (Fortune)
Engineering, Construction
Fortune 500 Europe 2026 rank
246
20

EMCOR Group

Best for: Specialty construction

EMCOR Group provides mechanical and electrical construction and building services. Fortune records revenue of US$17.0bn, up 16.6%. The company is headquartered in Norwalk, Connecticut, and employs 44,000 people.

Revenue (latest fiscal year)
US$17.0bn (Fortune)
Fiscal year
Fiscal 2025 (company fiscal calendar)
Revenue change (US$)
16.6%
Employees
44,000
Headquarters
Norwalk, Connecticut, US
Industry (Fortune)
Engineering & Construction
Fortune 500 2026 rank
265
21

AECOM

Best for: Engineering and design

AECOM provides design, engineering and consulting services for infrastructure. Its Fortune figures are for the fiscal year ended 30 September 2025 and include revenues from discontinued operations. Revenue was US$16.2bn, down 0.3%. AECOM is headquartered in Dallas and employs 51,000 people.

Revenue (latest fiscal year)
US$16.2bn (Fortune)
Fiscal year end
30 September 2025
Revenue change (US$)
-0.3%
Employees
51,000
Headquarters
Dallas, Texas, US
Industry (Fortune)
Engineering & Construction
Chief executive
W. Troy Rudd
Fortune 500 2026 rank
276
Stock listing (Fortune)
Listed
22

Fluor

Best for: Industrial EPC

Fluor is an engineering, procurement and construction company serving energy, industrial and infrastructure clients. Fortune records revenue of US$15.5bn, down 5%, and a net loss of US$51m, the only loss among the 25 companies listed here. The company is headquartered in Irving, Texas, and employs 22,995 people, the second-smallest workforce on this list.

Revenue (latest fiscal year)
US$15.5bn (Fortune)
Fiscal year
Fiscal 2025 (company fiscal calendar)
Revenue change (US$)
-5%
Employees
22,995
Headquarters
Irving, Texas, US
Industry (Fortune)
Engineering & Construction
Fortune 500 2026 rank
292
23

Webuild

Best for: Large civil works

Webuild is an Italian contractor specialising in large civil-engineering projects such as dams, railways and bridges. Fortune Europe records fiscal 2025 revenue of US$15.3bn, up 20.03%. It is headquartered in Milan and employs 40,572 people.

Revenue (latest fiscal year)
US$15.3bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
20.03%
Employees
40,572
Headquarters
Milan, Italy
Industry (Fortune)
Engineering, Construction
Fortune 500 Europe 2026 rank
296
24

MasTec

Best for: Utility and energy infrastructure

MasTec builds communications, power-delivery, pipeline and clean-energy infrastructure. Fortune records revenue of US$14.3bn, up 16.2%. The company is headquartered in Coral Gables, Florida, and employs 36,000 people.

Revenue (latest fiscal year)
US$14.3bn (Fortune)
Fiscal year
Fiscal 2025 (company fiscal calendar)
Revenue change (US$)
16.2%
Employees
36,000
Headquarters
Coral Gables, Florida, US
Industry (Fortune)
Engineering & Construction
Fortune 500 2026 rank
319
25

Balfour Beatty

Best for: Infrastructure construction

Balfour Beatty is the largest UK contractor in Fortune's European ranking. Fortune Europe records fiscal 2025 revenue of US$12.5bn, up 18.81%. It is headquartered in London and employs 19,290 people, the smallest workforce among the 25 companies listed here.

Revenue (latest fiscal year)
US$12.5bn (Fortune, converted to US dollars)
Fiscal year end
31 December 2025
Revenue change (US$)
18.81%
Employees
19,290
Headquarters
London, UK
Industry (Fortune)
Engineering, Construction
Fortune 500 Europe 2026 rank
346

Ranking table

RankCompanyCountryRevenue (US$m)ChangeEmployeesSource list
1China State Construction Engineering (CSCEC)China289,892.6-4.7%370,272Fortune Global 500 2026 (rank 17)
2China Railway Engineering Group (CREC)China152,201-5.7%302,527Fortune Global 500 2026 (rank 49)
3China Railway Construction (CRCC)China143,506.5-3.3%304,927Fortune Global 500 2026 (rank 57)
4China Communications Construction (CCCC)China134,088.7-3.7%198,592Fortune Global 500 2026 (rank 66)
5PowerChinaChina101,853.52%179,815Fortune Global 500 2026 (rank 104)
6VinciFrance85,386.68.5%293,786Fortune Global 500 2026 (rank 149)
7Pacific Construction GroupChina79,293.15.2%208,135Fortune Global 500 2026 (rank 170)
8BouyguesFrance64,191.94.5%192,158Fortune Global 500 2026 (rank 229)
9China Energy Engineering GroupChina63,441.53.8%117,995Fortune Global 500 2026 (rank 234)
10ACS GroupSpain56,223.924.9%167,803Fortune Global 500 2026 (rank 270)
11Susun Construction GroupChina45,9072%101,372Fortune Global 500 2026 (rank 340)
12Guangzhou Municipal Construction GroupChina37,815.76%45,635Fortune Global 500 2026 (rank 430)
13Shudao Investment GroupChina37,213.44.1%59,970Fortune Global 500 2026 (rank 445)
14Daiwa House IndustryJapan37,003.73.8%55,712Fortune Global 500 2026 (rank 449)
15EiffageFrance29,47713.38%84,768Fortune 500 Europe 2026 (rank 148)
16Quanta ServicesUS28,479.720.3%69,500Fortune 500 2026 (rank 157)
17StrabagAustria21,10812.03%76,942Fortune 500 Europe 2026 (rank 213)
18KiewitUS18,2138.2%34,500Fortune 500 2026 (rank 242)
19SkanskaSweden18,0017.84%25,865Fortune 500 Europe 2026 (rank 246)
20EMCOR GroupUS16,986.416.6%44,000Fortune 500 2026 (rank 265)
21AECOMUS16,237.2-0.3%51,000Fortune 500 2026 (rank 276)
22FluorUS15,503-5%22,995Fortune 500 2026 (rank 292)
23WebuildItaly15,30520.03%40,572Fortune 500 Europe 2026 (rank 296)
24MasTecUS14,299.216.2%36,000Fortune 500 2026 (rank 319)
25Balfour BeattyUK12,49818.81%19,290Fortune 500 Europe 2026 (rank 346)

Other notable contractors

Below the top 25 in Fortune's European ranking are Ferrovial (US$10.9bn), MAIRE (US$8.0bn) and Royal BAM Group (US$7.9bn). In the US Fortune 500, the next engineering and construction companies after MasTec are Comfort Systems USA (US$9.1bn), APi Group (US$7.9bn) and Primoris Services (US$7.6bn).

Rankings compiled by trade publications such as Engineering News-Record use construction revenue rather than total revenue and can therefore produce a different order.

Frequently asked questions

What is the largest construction company in the world?

China State Construction Engineering Corporation (CSCEC) is the largest construction company in the world by revenue, with US$289.9bn for fiscal 2025 according to the Fortune Global 500 2026. It ranks 17th among all companies worldwide and employs 370,272 people. Fortune flags it as government owned 50% or more.

What is the largest construction company outside China?

Vinci of France is the largest construction company outside China, with fiscal 2025 revenue of US$85.4bn on Fortune's figures. It also reported the highest net profit on this list, US$5.5bn. Bouygues, also French, and ACS of Spain follow with US$64.2bn and US$56.2bn respectively.

What is the largest construction company in the US?

Among US companies that Fortune classifies under engineering and construction, Quanta Services is the largest, with revenue of US$28.5bn in the Fortune 500 2026. Kiewit, at US$18.2bn and listed by Fortune as a private company, is second, followed by EMCOR Group, AECOM, Fluor and MasTec.

Why are Chinese companies the largest builders?

The largest Chinese contractors are state-owned groups that carry out much of China's railway, road, power and urban construction. Fortune flags eight of the ten Chinese companies on this list as government owned 50% or more. Their revenues are large but their net profit margins are generally thin, around 1% or less for several of them.

See also

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