• Latest
  • Trending
Turner overtakes Bechtel as the country’s top contractor by revenue

Turner overtakes Bechtel as the country’s top contractor by revenue

June 14, 2021
Evonik
LGI Homes

LGI Homes Increases Footprint in the Raleigh-Durham Market

May 23, 2023
AMA Group

AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center

May 15, 2023
EagleView

EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

May 15, 2023
KBS

KBS Builders wins $2.2 million contract to manufacture classrooms for the South Burlington School District in Burlington, Vermont

May 12, 2023
Building Clean

Building Clean, Ecomedes partnership will help procurement professionals find healthier US-made building products

May 11, 2023
SC Johnson

Partnership empowers collection communities to stop coastal plastic and combat poverty

May 2, 2023
Heidelberg Materials

Heidelberg Materials announces first clinker at new cement plant in Mitchell, Indiana

April 26, 2023
Fisher House Foundation

New Fisher House dedicated at the Columbia Veterans Affairs Health Care System

April 24, 2023
High Wire

High Wire to present Overwatch Cybersecurity Platform at Kaseya Connect Global Conference in Las Vegas

April 24, 2023
Sysco

Sysco unveils first electric vehicle hub, advancing its industry leading climate change commitment

April 24, 2023
Plymouth

Plymouth Industrial REIT Development Projects earn Green Globes® certification for Core & Shell Construction

April 13, 2023
LGI

LGI Homes opens new section at popular community in Converse

April 13, 2023
Construct America Magazine
Saturday, June 7, 2025
Media Pack
Advertise
  • Development & Infrastructure
    • Commercial & Industrial
    • Residential
    • Government & Public Sector
    • Infrastructure & Energy
  • Planning & Design
    • Architecture
    • Masterplanning
    • Project Management
    • Restoration & Regeneration
  • Consulting Services
    • Environmental
    • Fire Safety & Prevention
    • Health & Safety
    • Security
  • Material & Resources
    • Building Products, Tools & Plant
    • Fixtures & Fittings
    • Procurement & Systems
    • PPE & Workwear
  • Business & Legal
    • Accreditations
    • Governing Bodies
    • Insurance
    • Legal
  • Recruitment & Training
    • Awards
    • Education & Apprenticeships
    • Employment
    • Management
No Result
View All Result
Construct America Magazine
No Result
View All Result

Turner overtakes Bechtel as the country’s top contractor by revenue

by Jimmy Dunn
June 14, 2021
in Business & Legal
RWES RWES RWES

Turner overtakes Bechtel : With more than $14 billion in revenue, Turner Construction has overtaken Bechtel as the largest contractor by revenue, according to Engineering News-Record’s Top 400 contractors list for 2021. Bechtel had held the top spot for the past two decades.

Aggregate revenue for the top 400 reached $414.88 billion, up from $414.38 billion the year before. Median revenue for the top contractors reached $501.9 million last year, up from $492 million in 2019, ENR reported.

YOU MAY ALSO LIKE

Homebuilder warranty and insurance leader Maverick receives builders risk insurance endorsement from Home Builders Association of Georgia

RINA enters US infrastructure market with acquisition of Patrick Engineering

Fluor, Kiewit and Whiting-Turner rounded out the top five contractors on the list. Fluor was absent from the list in 2020, as it was conducting an internal audit after a Securities and Exchange Commission investigation into its financial reporting. Granite Construction was also absent due to an SEC investigation last year, but returned in 2021, earning the 25th spot with roughly $3.6 billion in revenue.

Turner’s $14.4 billion in 2020 revenue was slightly lower than when it held the second-top spot in 2019 with $14.6 billion. Bechtel reported $15.9 billion in construction revenue in 2019 and $12.2 billion in 2020, a 19% drop in overall revenue.

In 2020, Bechtel lost ground on new work and backlog, which dropped by $2.5 billion and $1.6 billion, respectively. CEO Brendan Bechtel described the COVID-19 pandemic as “the toughest challenge in our company’s history” at the time. Nevertheless, he said, the contractor’s balance sheet was strong and Bechtel carried no debt.

In December 2020, Construction Dive named Turner as its Company of the Year for the way the contractor responded to racially charged incidents on jobsites head on. The award came a few months after Turner’s joint venture with AECOM Hunt had finished SoFi Stadium in Inglewood, California, the largest NFL project to date.

Other major moves within the top 10 include Tutor Perini leaping to 7th place, after ranking 14th in 2020. AECOM dropped to 8th for 2021, after ranking 3rd in 2020 and DPR made an appearance on the top 10 after ranking 12th last year.

Here is a look at the top 10 firms and their revenue:

Rank 2021Rank 2020FirmCityTotal Revenue (in Mil) 
12The Turner Corp.New York, New York$14,410
21BechtelReston, Virginia$12,239
3N/AFluorIrving, Texas$11,672.4
45Kiewit Corp.Omaha, Nebraska$11,200.7
54The Whiting-Turner Contracting Co.Baltimore, Maryland$8,718.3
67STO Building Group Inc.New York, New York$8,080.0
714Tutor Perini CorpSylmar, California$6,614.7
83AECOMLos Angeles, California$6,568.5
98Skanska USANew York, New York$6,535.1
1012DPR ConstructionRedwood City, California$6,458

Construct America Magazine | The Home of Construction Industry News

Tags: bethteleconomyturner
ShareTweetShare

Search

No Result
View All Result

Recent News

LGI Homes

LGI Homes Increases Footprint in the Raleigh-Durham Market

May 23, 2023
AMA Group

AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center

May 15, 2023
EagleView

EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

May 15, 2023

Latest Issue…

Business-to-business trade journal covering major construction industry news within the United States of America, bringing you the most breaking and innovative news stories from coast to coast.

Recent News

  • LGI Homes Increases Footprint in the Raleigh-Durham Market
  • AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center
  • EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

Construct America Magazine

Zohar Media Corp.

433 Broadway, Suite 605, New York 10013

press@construct-america.com

editorial@construct-america.com

(+1) 929-506-4972

  • About
  • Media Pack
  • Privacy Policy
  • PublishingHub
  • Contact Us

© 2022 Construct America Magazine | The Home of Construction Industry News.

No Result
View All Result
  • Home
  • Development & Infrastructure
    • Commercial & Industrial
    • Residential
    • Government & Public Sector
    • Infrastructure & Energy
  • Planning & Design
    • Architecture
    • Masterplanning
    • Project Management
    • Restoration & Regeneration
  • Consulting Services
    • Environmental
    • Fire Safety & Prevention
    • Health & Safety
    • Security
  • Material & Resources
    • Building Products, Tools & Plant
    • Fixtures & Fittings
    • Procurement & Systems
    • PPE & Workwear
  • Business & Legal
    • Accreditations
    • Governing Bodies
    • Insurance
    • Legal
  • Recruitment & Training
    • Awards
    • Education & Apprenticeships
    • Employment
    • Management
  • Latest Issue
  • Media Pack
  • Contact

© 2022 Construct America Magazine | The Home of Construction Industry News.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT