Highway, Road & Bridge Construction – Industry Analysis, Statistics, Trends, and Forecasts

SIC 16 | NAICS 237310

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Highway & Road Construction (view report)
Bridge & Elevated Highway Construction (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Scranton Gillette Communications
Roads & Bridges Magazine
https://www.roadsbridges.com/

Monthly trade magazine features news and information for contractors, engineers, and government officials, with special features including the "State of the Industry" report published in the December issue which provides a summary of survey responses concerning current business conditions and expectations for the year ahead. Articles from current and archived issues are available free online.

American Road & Transportation Builders Association
Resources available from this organization include:

Frequently Asked Questions
https://www.artba.org/
FAQs section provides an overview of the U.S. transportation system network and includes links to additional detailed documents. Topics covered in this section including size and composition of the U.S. transportation system network, current condition of roads and bridges on a national and state basis, construction and repair costs, federal and state funding sources, and environmental issues.

Quarterly Conditions Survey
https://www.artba.org/
Quarterly survey provides information on current market conditions and the expected outlook for the year ahead based on a survey of contractor members, with topics addressed in the report including work performed, employment, backlog, capital spending, profit margins, wage and salaries, cost of materials, capacity, delays, and shortages. Survey results are available to participating contractors.

Annual Forecast
https://www.artba.org/
Annual forecast provides market analyses and forecasts for the transportation construction industry by transportation mode (e.g., highways and streets, bridges and tunnels, railroad, subway, and light rail transit, airport terminals and runways, and ports and waterways), with information provided on a state-by-state basis including investment outlook and program revenue sources and expenditures.

U.S. Transportation Construction Industry Profile
https://www.artba.org/
Comprehensive report quantifies the impact of the industry on the national and state economies, with information provided for each state including transportation network profile, value of freight shipments by type of product and transport mode, tax revenues generated and direct employment supported by industry activities, miles driven by type of trip, how residents get to work, and daily commuting times.

BizMiner Market Analysis Reports
Highway, Street, and Bridge Construction Contractors
https://www.bizminer.com Search for "2373" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports»

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Highway, Street, and Bridge Construction Contractors
https://www.bizminer.com Search for "2373" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Highway, Bridge, and Road Construction
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

More financial benchmarking data»

Compensation and Salary Surveys

American Road & Transportation Builders Association
U.S. Salary & Hourly Wage Guide
https://www.artba.org/

Annual compensation survey provides salary, bonus, and hourly wage data for industry personnel on a national and state basis for over 100 job positions, with occupational groups covered by the survey including management, office and administrative support, architectural and engineering, construction and extraction, and transportation and material moving. Survey is available to ARTBA members only.

U.S. Bureau of Labor Statistics
Highway, Street, and Bridge Construction
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data for personnel employed in this sector (e.g., operating engineers, heavy and paving equipment operators, and structural iron and steel workers) by contractors that construct, maintain, and repair highways, streets, and roads, elevated highways and bridges, public sidewalks and walkways, airport runways, and private driveways and parking facilities.

PayScale, Inc.
Highway, Street, and Bridge / Heavy Civil Engineering Construction
https://www.payscale.com/highway-street-bridge / heavy-civil-engineering

Free online service provides salary, bonus, and hourly wage data for selected positions in this sector such as project manager, civil engineer, structural engineer, job foreman, crane operator, and heavy equipment operator, with employers for which salary or hourly wage data is provided including Peter Kiewit Sons, Inc., Bechtel Corporation, Skanska USA Civil, Inc., and Granite Construction Company.

More compensation surveys»

BV Guides and Databases

BVMarketData

Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search DealStats, BIZCOMPS, and FactSet MergerStat for private company sales transaction data by SIC Code or NAICS Code using the following codes:

– SIC Code 16 - Highway And Street Construction

– NAICS Code 237310 - Highway, Street, and Bridge Construction

Types of establishments included in these codes

Highway and street construction contractors - establishments that construct highways, streets, roads, and other public thoroughfares. They may also construct airport runways, taxiways, and aprons.

Bridge construction contractors - establishments that construct bridges, viaducts, overpasses, and other elevated highway and street structures.

Tunnel construction contractors - establishments that construct tunnels, including underwater tunnels and those for transportation and utility purposes.

Pavement marking contractors - establishments that specialize in applying pavement markings, such as painted lines and symbols, to highways and streets to enhance safety and traffic flow.

Guardrail contractors - establishments that install and maintain guardrails and other safety barriers along highways and streets to help protect motorists from hazardous conditions.

Sound barrier contractors - establishments that construct sound barriers along highways and streets to reduce traffic noise for nearby residents.

Lighting contractors - establishments that install and maintain street lighting systems along highways and streets for safety and visibility.

Sample reports with detailed transaction data and valuation multiples are available free online.

BVR Guides and Books
What It's Worth: Valuing Paving Contractors
http://www.bvresources.com/

Comprehensive guide provides detailed insights into how to value a paving contractor company, with topics covered including current market and trends, unique factors that drive paving contractor value, and special considerations for valuing these companies, and includes a detailed case study involving the valuation of a paving company. Selected excerpts and table of contents are available free online.

More valuation data»

Related Industries:
Concrete Contractors
Construction Equipment Dealers
Engineering Services
Excavating Contractors

Top