Global Powers of Construction 2025

Global Powers of Construction (GPoC) 2025 provides a comprehensive analysis of the global construction industry, examining the performance, financial position, geographic footprint, and strategic priorities of the world’s leading publicly traded construction companies. The report explores how construction groups respond to a complex operating environment shaped by macroeconomic uncertainty, financial constraints, and supply chain challenges. It also highlights how urbanization, internationalization and diversification are influencing the sector’s resilience and competitive positioning.

Key findings:

• The top 100 global construction companies, based on total sales, generated revenues of approximately US$1.972 trillion in 2025, a slight decrease of 0.4% from the prior year, with China based companies continuing to account for the largest share of global construction activity.
• Total sales in the United States decreased slightly by 0.9%, reflecting softer conditions in the residential construction market. Revenue growth across European markets, however, remained solid, with aggregate sales increasing by approximately 9.0%.
• Internationalization continued to grow in 2025, with almost one quarter of the top 30’s total sales coming from abroad, compared with 21.3% in 2024. European groups lead the internationalization ranking, generating 67% of their aggregate revenues outside of their home country.