Residential construction has faced many challenges over the last few years. And while the overall construction industry has been predicted to grow by 6.1% in 2023, inflation, supply chain issues, and labor shortages are set to slow down the growth of the residential construction market as consumers’ purchasing power weakens. However, experts believe these conditions are set to only hold back the industry on a short to medium-term basis, as its market value is projected to register a CAGR (Compound Annual Growth Rate) of over 3% by 2028.
With the residential construction market currently valued at approximately $590 billion, we take a look at some of the largest U.S. construction companies in each state, driving the industry forward today.
Mapped: The Largest Construction Companies
In the map above, you can see the name and logos of the largest construction companies in each state. We analyzed data by Dun & Bradstreet to reveal the highest-revenue U.S. residential construction company for the fiscal year of 2022 in each state.
Some of these companies are the largest in the residential sector as well as commercial. For instance, the biggest residential construction companies in all of the U.S. are Lennar Corporation (Florida) and D.R. Hortor, Inc (Texas). They are also the largest construction companies in the U.S. in general, with $33.7B and $33.5B in revenue, respectively.
The third and fourth largest residential companies are Pultegroup, Inc (Georgia) and Hochtief USA, Inc (New York). They are also the fourth and fifth largest construction companies overall in the country.
Rounding out the top five residential construction companies in the country is NRV, Inc (Virginia). Taking the spot of the third largest construction company overall is Quanta Services, Inc. Also based in Texas, it does not feature in our list as it is non-residential.
Below, we introduce the other companies which are the most prominent home builders in their state.
Breakdown: Revenue and Information of the Largest Construction Companies
Alabama: Olympia Construction, Inc.
Incorporated in June 1989, and headquartered in Birmingham, Olympia Construction (OCI) is a prominent builder of family and elderly housing in the southeastern region of the United States. The company operates in eight states in this area.
Revenue: $48.1M
Alaska: Tikigaq Corporation
Tikigaq was founded in 1971 as a result of the Alaska Native Claims Settlement Act (ANCSA). The company provides a range of services, including design-build construction, general contracting, renovation and repairs, sustainment, restoration and modernization, program and project management, range sustainment, demolition, and soil remediation.
Revenue: $51.7M
Arizona: Taylor Morrison Home II Corporation
Taylor Morrison, established in 2007, is the 7th biggest residential home builder and developer in the U.S., operating in 19 markets across 11 states with a variety of brands that cater to different types of customers, including first-time homebuyers, luxury homebuyers, and renters seeking a resort-style living experience. The company has been recognized as America's Most Trusted® Builder from 2016-2023 by Lifestory Research.
Revenue: $8.2B
Arkansas: ERC Properties, Inc.
Taylor Morrison, established in 2007, is the 7th biggest residential home builder and developer in the U.S., operating in 19 markets across 11 states with a variety of brands that cater to different types of customers, including first-time homebuyers, luxury homebuyers, and renters seeking a resort-style living experience. The company has been recognized as America's Most Trusted® Builder from 2016-2023 by Lifestory Research.
Revenue: $98.8M
California: KB Home
Established in 1957 in Los Angeles, KB Home is a widely recognized homebuilding firm that specializes in constructing single-family homes, townhouses, and condominiums, primarily targeting first-time, move-up, and active adult buyers. The company operates in nine states.
Revenue: $6.9B
Colorado: M.D.C. Holdings, Inc.
M.D.C. Holdings (MDC) is among the biggest homebuilders in the U.S., founded in Denver in 1972. The company operates in 13 states. MDC's focus is on catering to first-time and first-time move-up homebuyers, primarily constructing single-family detached homes. The company also has subsidiaries providing home and title insurance.
Revenue: $5.7B
Connecticut: Carabetta Enterprises, Inc.
Carabetta Enterprises was founded in 1950 and is headquartered in Meriden. The company provides a comprehensive range of services, including site evaluation, acquisition, design and planning, financing, construction, and management. They have expertise in various types of properties, including apartments, condominiums, townhomes, and mixed-use developments.
Revenue: $98.8M
Delaware: Schell Brothers, LLC
Shell Brothers was founded in 2002. It focuses on constructing highly energy-efficient new homes. Their portfolio includes a diverse range of residential properties, including single-family homes, townhouses, and custom-built homes. They have received numerous awards for their accomplishments, including being named America's Best Builder by Builder Magazine.
Revenue: $56.4M
District of Columbia: Holladay Corporation
Holladay Corporation was founded back in 1952. With over seven decades of experience, Holladay Corporation has carved a niche in the real estate industry, particularly in urban infill residential development projects within the Washington, DC, metropolitan area.
Revenue: $237.6M
Florida: Lennar Corporation
Established in 1954, Lennar Corporation holds the distinction of achieving the highest revenue in 2022 in the construction industry. The company specializes in constructing a wide range of residential properties, including single-family attached and detached homes and multi-family rental properties.
Revenue: $33.7B
Georgia: Pultegroup, Inc.
Pultegroup was established in 1950 in Detroit, and it’s based in Atlanta. It’s the 3rd biggest residential contractor in the U.S. The company specializes in building a diverse range of residential properties, including single-family homes, duplexes, townhouses, and condos through various brands such as Pulte Homes, Centex, Del Webb, DiVosta Homes, American West, John Wieland Homes, and Neighborhoods. Pultegroup operates in 25 states.
Revenue: $16.2M
Hawaii: Hawaiian Dredging Construction Company, Inc.
Established in 1902 in Honolulu, Hawaiian Dredging Construction Company is the oldest and largest full-service general contractor in Hawaii. It consistently secures top rankings on Building Industry Magazine's annual list of the State of Hawaii's Top 25 Contractors.
Revenue: $188.4M
Idaho: Guerdon, LLC
Guerdon was founded in 2001, and it’s based in Boise. The company specializes in modular manufacturing for multistory permanent buildings in the multifamily, student housing, and hospitality sectors.
Revenue: $49M
Illinois: The Walsh Group, Ltd
Established in 1898 in Chicago, The Walsh Group specializes in providing construction services for a wide range of industrial, public, and commercial projects, including design/build and general contracting services. They actively incorporate green building techniques, energy-efficient solutions, and sustainable materials into their construction processes.
Revenue: $3.6B
Indiana: Gene B. Glick Company, Inc.
The Gene B. Glick Company was founded in 1947 in Indianapolis. The company specializes in multifamily housing development, investment, and property management. They focus on providing affordable housing options for families and managing and maintaining their properties to ensure high-quality living environments.
Revenue: $333.6M
Iowa: Skogman Construction Company of Iowa
Skogman Construction Company, founded in Cedar Rapids in 1947, is a renowned home-building company with a remarkable history spanning five generations. It specializes in custom home construction. The company has integrated planet-friendly building practices into its commitment to delivering superior quality, comfort, and design through its Energy Advantage Program.
Revenue: $62M
Kansas: National Catastrophe Restoration, Inc.
National Catastrophe Restoration is a woman-owned company founded in 1972 in Wichita. Operating as a Class A General Contractor, they offer comprehensive services, including post-disaster reconstruction and ongoing project management. Notably, NCRI holds the distinction of being the first full-service disaster restoration company in the United States to achieve ISO Quality Management Certification.
Revenue: $35.4M
Kentucky: Fischer Homes, Inc.
Fischer Homes was founded in 1980 in Erlanger. The company specializes in constructing a diverse range of residential properties, including single-family houses, townhouses, condominiums, stand-alone patio homes, and ranch homes. Their communities are located in Kentucky, Indiana, and Ohio.
Revenue: $128.7M
Louisiana: Max Foote Construction Company, LLC
Max Foote Construction Company was founded in 1974. The company specializes in providing a wide range of construction services, including general contracting, construction management, design-build, and specialty construction services. Max Foote Construction Company consistently achieves high rankings in various listings, and The Engineering News-Record, a leading construction industry publication, recognizes it.
Revenue: $53.7M
Maine: Wright-Ryan Construction, Inc.
Wright-Ryan Construction was founded in 1984. The company specializes in general contracting, construction management, and design-build services for high-end residential and commercial construction projects. They focus on sustainable building practices and are committed to using environmentally friendly materials and technologies in their projects.
Revenue: $62.1M
Maryland: Clark Construction Group, LLC
Clark Construction Group was founded in 1906. The company specializes in providing general contracting, construction management, and design-build services for a wide range of projects. They have extensive experience in various sectors, including residential, commercial, institutional, industrial, and civil construction.
Revenue: $1.5B
Massachusetts: Suffolk Construction Company, Inc.
Suffolk Construction Company is a privately-held firm that has been in the construction industry since 1982. They have experience managing and constructing residential properties, including single-family homes, townhouses, condominiums, and multi-family developments. The company received many recognitions for its work, including the Building of America Gold Medal Award.
Revenue: $845.8M
Michigan: Champion Home Builders, Inc.
Champion Home Builders was founded in 1953. The company specializes in manufacturing and constructing high-quality modular homes, manufactured homes, mobile homes, and park-model RVs. Champion has been honored with the Modular Housing Design Award by the Manufactured Housing Institute (MHI) for six consecutive years.
Revenue: $1.1B
Minnesota: Ryan Companies US, Inc.
Ryan Companies US was founded in 1938. The company specializes in providing various services, including real estate development, design-build construction, and property management. Ryan Companies US, Inc. has expertise in various sectors such as commercial, residential, industrial, and healthcare.
Revenue: $629.5M
Mississippi: Roy Anderson Corp
Roy Anderson Corp was founded in 1955. The company has a diverse portfolio of projects encompassing a wide range of sectors. This includes the construction of condos, churches, hospitals, medical centers, schools, prisons, manufacturing plants, and government buildings.
Revenue: $99.7M
Missouri: Ceco Concrete Construction, LLC
Ceco Concrete Construction was established in 1955. The company specializes in designing and constructing concrete systems, successfully completing approximately 200 projects annually. Ceco is experienced in handling various project types, ranging from open project sites to densely populated urban environments.
Revenue: $815.7M
Montana: Diamond Construction, Inc.
Established in 1985, Diamond Construction is a Helena-based business owned by veterans. The company focuses on various construction services, including the construction of new multifamily housing, residential remodeling, commercial and institutional building construction, water and sewer line construction, and related structures. Diamond Construction, Inc. leverages its expertise to deliver high-quality projects in these areas of specialization.
Revenue: $37.1M
Nebraska: D.R. Anderson Constructors Co.
D.R. Anderson Constructors Co. was founded in 1963. The company specializes in providing a range of construction services, including general contracting, Design-Build, Pre-construction services, and Construction Management. With their extensive expertise and experience, DRA offers comprehensive solutions to clients, assisting them throughout the construction process from initial planning and design to project completion.
Revenue: $25.5M
Nevada: Tri Pointe Homes, Inc.
Founded in 2009, TRI Pointe Homes (formerly TRI Pointe Group) is a national homebuilder with a regional focus. The company specializes in designing, constructing, and selling innovative single-family attached and detached homes. They operate in approximately 15 markets across ten states and the District of Columbia, offering their housing solutions to homebuyers in those areas.
Revenue: $4.3B
New Hampshire: Chinburg Builders, Inc.
Chinburg Builders was founded in 1987. The company specializes in residential construction, particularly in developing and constructing energy-efficient, sustainable homes. They focus on creating innovative and environmentally-friendly housing solutions incorporating modern design, high-quality craftsmanship, and energy-efficient technologies.
Revenue: $73.1M
New Jersey: Hovnanian Enterprises, Inc.
Hovnanian Enterprises was founded in 1959. The company specializes in residential construction and is primarily engaged in designing, constructing, and selling homes. They offer a diverse range of residential properties, including single-family homes, attached townhomes and condominiums, urban infill homes, and active lifestyle homes within planned residential developments.
Revenue: $2.9B
New Mexico: Tsay Corporation
Tsay Corporation was established in 1994 and is headquartered in San Juan Pueblo. The company stands as a 100% tribal entity, proudly owned and operated by the Ohkay Owingeh Tribe. With a deep connection to their tribal heritage, the company brings a unique perspective and cultural understanding to its commercial and residential construction services.
Revenue: $78.1M
New York: Hochtief USA, Inc.
Hochtief USA was established in 1983. Hochtief USA Inc. specializes in construction and infrastructure development within the United States, while its parent company, Hochtief AG, operates globally across multiple continents. It’s the 4th largest residential contractor and the 5th largest construction company in the U.S.
Revenue: $15B
North Carolina: Quarterra Multifamily Communities, LLC
Quarterra Multifamily Communities, established in 2011, is the youngest company on our list. It is an LLC subsidiary of Lennar Corporation, specializing in multifamily construction, property management, and investment management. The company's primary focus is on designing and building residential communities, including apartments, condominiums, and townhomes.
Revenue: $192.4M
North Dakota: Tooz Construction, Inc.
Tooz Construction was founded in 1968, and it’s based in Dickinson. The company provides commercial design, construction, value engineering, construction management services, and CMAR (Construction Manager at Risk) for projects of any type or size.
Revenue: $21.2M
Ohio: M/I Homes, Inc.
Established in 1976, M/I Homes is a prominent builder of single-family homes and is recognized as one of the nation's leaders in the industry. Their expertise lies in delivering homes to a diverse range of buyers, including first-time homeowners, those looking to upgrade, individuals in the empty-nest stage, and luxury buyers. Additionally, M/I Homes offer attached townhomes in specific markets. It’s present in over 15 markets across ten states.
Revenue: $4.1B
Oklahoma: Cherokee Builders, Inc.
The Charokee Builders was founded in 1995 and is based in Tulsa. The company offers full-site construction services catering to a wide range of projects, including residential, commercial, industrial, and governmental. Some of their services include earthwork, site utilities, site paving, and site concrete projects, such as curb and gutter and retaining walls.
Revenue: $40M
Oregon: Hoffman Corporation
Hoffman Corporation, founded in 1922, is a well-established construction company with a wide-ranging presence in over a dozen states and overseas. The company offers extensive preconstruction and construction resources, including specialized services in renovations, tenant improvements, and other construction-related areas.
Revenue: $2.2B
Pennsylvania: Toll Brothers, Inc.
Toll Brothers, founded in 1967, constructs luxury homes for move-up, empty nester, and second-home buyers across roughly 25 U.S. states and the District of Columbia. The company also collaborates with third-party partners to develop high-density, high-rise urban luxury condos. Toll Brothers is the 6th largest residential contractor in the U.S.
Revenue: $10.3B
Rhode Island: Dimeo Construction Company
The Dimeo Construction Company is an employee-owned firm founded in 1930 and still operated by the Dimeo family. Based in Providence, this company offers a wide range of construction services, including general contracting, design/build, and construction management.
Revenue: $244.9M
South Carolina: Great Southern Homes, Inc.
Great Southern Homes was founded in 2005 and is headquartered in Irmo. The company specializes in building energy-efficient, affordable homes in various communities throughout South Carolina and select regions of Georgia. They offer a range of home designs and floor plans to cater to different lifestyles and preferences, including single-family homes, townhomes, and patio homes.
Revenue: $57.1M
South Dakota: First Dakota Enterprises, Inc.
First Dakota Enterprises was founded in 1984. The company specializes in a wide range of services, including general contracting, construction management, real estate development, building renovations, construction estimates, and investments. With their expertise in these areas, they likely undertake projects that involve overseeing construction projects from start to finish.
Revenue: $34.7M
Tennessee: Lendlease (us) Public Partnerships, LLC
Lendlease (US) Public Partnerships is a subsidiary of Lendlease Corporation, a multinational construction, development, and infrastructure company. Lendlease Corporation is headquartered in Australia and has a significant global presence.
Revenue: $151.3M
Texas: D.R. Horton, Inc.
D.R. Horton, established in 1978, is the second-largest homebuilder in the U.S. based on revenue. The company is active in approximately 100 markets across 30 states. In addition to constructing and selling single-family and multi-family homes, D.R. Horton also has a presence in the rental property market, constructing and selling both single-family and multi-family rental properties. Furthermore, the company holds a majority ownership stake in Forestar Group, a national residential lot development company.
Revenue: $33.5B
Utah: Big-D Construction Corp.
Founded in 1967, the family-run Salt Lake City-based Big-D Construction Corp. offers design/build services to customers in nine states. The company has expertise in various sectors, including commercial, industrial, healthcare, education, hospitality, government, and multifamily residential projects.
Revenue: $1.7B
Vermont: Engelberth Construction, Inc.
Engelberth Construction was founded in 1972. It’s headquartered in Colchester and primarily operates in the New England region. They offer a comprehensive range of construction solutions, including residential contracting, general contracting, construction management, design-build, and preconstruction services. Their involvement in the residential sector is centered around multi-family residential developments.
Revenue: $144.9M
Virginia: Nvr, Inc.
NVR was founded in 1980 as NVHomes. It’s the 5th largest residential construction company in the U.S. The company specializes in constructing single-family detached homes, townhomes, and condominiums, primarily catering to first-time and move-up buyers. NVR operates in the eastern region of the United States and has established several brands, including Ryan Homes, Heartland Homes, and NVHomes.
Revenue: $10.6B
Washington: Lease Crutcher Lewis
Lease Crutcher Lewis was established in 1886. The company offers preconstruction, building information modeling, sustainability solutions, rainwater harvesting, solar energy capture, and wastewater processing services. Their commitment to sustainability is evident by incorporating eco-friendly practices and technologies, promoting energy efficiency, water conservation, and responsible waste management.
Revenue: $130.2M
West Virginia: City Construction Company, Inc.
City Construction Company has earned a longstanding reputation as one of the area's oldest and most reputable contracting firms. Established in 1965, this family-owned and operated corporation has built a strong foundation of trust and reliability over the years. In the residential sector, City Construction Company specializes in offering services for building home additions and conducting home remodels.
Revenue: $40.2M
Wisconsin: J. H. Findorff & Son, Inc.
J.H. Findorff & Son, established in 1890, has been establishing its reputation for over a century. The company specializes in general contracting, design/build, and construction management services. Their primary focus in residential projects revolves around condominiums. Findorff also performs various trades in-house, such as carpentry, concrete work, masonry, drywall installation, and steel erection.
Revenue: $288.8M
Wyoming: S & S Builders, LLC
Established in 1983, S & S Builders is a family-owned and operated concrete contractor that has been proudly serving the Louisville and Southern Indiana areas. Their offerings include a wide range of services, such as general construction, design-build capabilities, and construction management.
Revenue: $27.8M
Author
Irena is an industry analyst at Fixr.com. She analyzes and looks for visual ways to simplify data. She has been researching and writing about home improvement and personal finance since 2018. At Fixr.com, she is constantly looking to give homeowners the best advice on how to invest in their homes.