In this piece, we will take a look at the five biggest construction companies in the world. For more companies, head on over to 15 Biggest Construction Companies in the World.
5. Lennar Corporation (NYSE:LEN)
Market Capitalization as of December 20, 2022: $25.77 billion
Lennar Corporation (NYSE:LEN) is an American construction firm that was set up in 1954 and is headquartered in Florida. The firm operates all over the U.S., in states such as California, Texas, Virginia, Colorado, Washington, and Indiana. It builds both single family and multi family homes. Lennar Corporation (NYSE:LEN) delivered close to 60,000 homes last year, as it brought in $27 billion in revenue. 2022 is shaping up to be a good year for the company, as its trailing twelve month revenues stand at $33 billion.
By the end of this year’s third quarter, 46 of the 920 hedge funds polled by Insider Monkey had invested in Lennar Corporation (NYSE:LEN).
Lennar Corporation (NYSE:LEN)’s largest shareholder in our database is Edgar Wachenheim’s Greenhaven Associates which owns 9.3 million shares that are worth $694 million.
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Follow Lennar Corp W (NYSE:LEN, LEN.B)
4. D.R. Horton, Inc. (NYSE:DHI)
Market Capitalization as of December 20, 2022: $30.08 billion
D.R. Horton, Inc. (NYSE:DHI) is an American home building company that operates in hundreds of markets all over the country. The company delivered close to 82,000 homes last year, making it one of the largest homebuilders in the United States. It has four different brands under its portfolio, which cover different properties that range from the entry to the luxury levels. D.R. Horton, Inc. (NYSE:DHI) is headquartered in Arlington, Texas, and just like Lennar, its trailing twelve months’ revenue in 2022 is higher than the calendar year 2021 revenue.
Insider Monkey took a look at 920 hedge funds for their Q3 2022 investments to discover that 42 had held a stake in D.R. Horton, Inc. (NYSE:DHI).
Out of these, John Armitage’s Egerton Capital Limited is D.R. Horton, Inc. (NYSE:DHI)’s largest shareholder which owns 4.7 million shares that are worth $317 million.
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Follow Horton D R Inc (NYSE:DHI)
3. China State Construction Engineering Corporation Limited (SHA:601668.SS)
Market Capitalization as of December 20, 2022: $32.94 billion (1Yuan = 0.14USD)
China State Construction Engineering Corporation Limited (SHA:601668.SS) is a Chinese state owned enterprise that counts itself among the world’s largest construction companies, particularly in terms of revenue. Its revenue for the past twelve months stands at a whopping $299 billion, which marks a slight growth over 2021’s reading of an equally stunning $293 billion in net sales. The firm has built dozens of projects all over the globe, such as airports, mosques, banks, high rises, museums, and stadiums in countries such as the U.S., Algeria, Thailand, Pakistan, and Ethiopia.
2. Larsen & Toubro Limited (NSE:LT.NS)
Market Capitalization as of December 20, 2022: $326.9 billion (1INR = 0.012USD)
Larsen & Toubro Limited (NSE:LT.NS) is an Indian construction company that was set up in 1938 and is headquartered in Mumbai. The company builds factories, roads, power plants, water management systems, and other large scale projects. The company has more than one hundred subsidiaries, and it has operations in the Middle East, Asia, and Africa. Larsen & Toubro Limited (NSE:LT.NS) also provides products and services that are unrelated to construction such as shipbuilding, educational technology, and defense systems and equipment manufacturing.
1. Vinci SA (EPA:DG.PA)
Market Capitalization as of December 20, 2022: $57.21 billion (1EUR = 1.06USD)
Vinci SA (EPA:DG.PA) is a French construction company that is one of the oldest of its kind as it was set up in 1899. The firm partners with governments all over the world to operate infrastructures such as motorways and airports. It also builds tunnels, dams, stadiums, bridges, and hospitals. Additionally, Vinci SA (EPA:DG.PA) also has a property development division. Its trailing twelve month revenues are $59 billion, and Vinci SA (EPA:DG.PA)’s forward annual dividend yield is 3.52%.
Disclosure: None. You can also take a peek at 13 Best Undervalued Stocks To Buy and 10 Best Tobacco Stocks To Buy.
