Dredging Companies – Industry Analysis, Statistics, Trends, and Forecasts

SIC 1629 | NAICS 237990

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

Dredging Services (view report)
Sand & Gravel Mining (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.

Clarksons Research Services Limited
Dredging News Online
https://www.clarksons.net/

Online news source features news and information for the industry on a worldwide basis, with topics covered including company news, contracts and tenders, project updates, equipment and technology, research and development, and environmental issues. Article archive section provides an extensive directory of articles categorized by topic and publication date, with all articles available free online.

Navingo BV
Dredging Today
https://www.dredgingtoday.com/

Online news source features news and information for all sectors of the industry, with regional news areas covered including Americas, Europe, Eurasia, Middle East, Africa, South and Central Asia, and Asia Pacific, and topics covered in the free e-newsletter including contracts, tenders, project updates, new vessels, equipment, technology, company news, event news, and research and development.

The Waterways Journal, Inc.
The Waterways Journal Weekly: Infrastructure Report
https://www.waterwaysjournal.net/

Bimonthly special issues of this weekly news journal feature news and information for dredge owners and operators, with the focus on dredging, marine construction, and civil engineering projects and the companies that undertake this work in U.S. inland, intracoastal, and coastal waters. Selected articles from the "Infrastructure Report" can be viewed free online, with a limit of three free articles per week.

IADC
Information available from this organization includes:

A Quick Guide: What Is Dredging?
https://www.iadc-dredging.com/
Introductory section provides a comprehensive overview of the industry, with topics addressed in the various modules including the planning process, contract terms and considerations, types of projects and equipment, use and disposal of dredged material, research, development, and training, socio-ecological aspects, and regulatory bodies and agencies. All information can be viewed free online.

Facts About
https://www.iadc-dredging.com/
Fact sheets provide a summary overview of specific dredging and marine construction subjects, with topics covered in the various modules including dredging management practices, types of equipment used for different projects, use and disposal of dredged material, ecosystem services, environmental impact assessment, and international maritime conventions. All fact sheets can be viewed free online.

Dredging in Figures
https://www.iadc-dredging.com/
Annual review of the global dredging market provides estimated annual revenue (turnover) statistics by driver (e.g., world trade, population growth, coastal protection, and increased energy and water-related tourism demand) and geographic region, and includes a discussion of factors driving industry activities and changes in production capacity. Current and prior reports can be downloaded and viewed online.

U.S. Army Corps of Engineers
Dredging Information System
https://www.iwr.usace.army.mil/

U.S. Army Corps of Engineers program data includes contracts expected to be advertised in the current fiscal year and contracts awarded in the current and previous fiscal year, with information provided for awarded contracts including type of contract, Corps of Engineers district, type of equipment, quantity of material dredged in cubic yards, and estimated and winning bids. All information is available free online.

BizMiner Market Analysis Reports
Dredging Contractors
https://www.bizminer.com Search for "237110" 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
Dredging Contractors
https://www.bizminer.com Search for "237110" 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
Dredging Services
(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

U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Dredge Operators
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data for personnel who operate equipment used to remove sand, gravel, and other similar materials from harbors, waterways, and other bodies of water, with wage data reported by employment sector (e.g., mining and quarrying, heavy and civil engineering construction, and state and local government) and on a national, state, and metropolitan area basis.

BizMiner Financial Analysis Reports
Dredging Contractors
https://www.bizminer.com Search for "237110" to see available reports

Five-year financial analysis provides salaries, wages, and officer compensation in both dollars and as a percentage of sales for contractors that use dredges and other equipment to remove sand, gravel, and other dredged materials from ports, harbors, rivers, lakes, and other bodies of water for a variety of purposes (e.g., mineral extraction, construction and maintenance, and environmental remediation).

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 1629 - Dredging Contractors

– NAICS Code 237990 - Dredging Contractors

Types of establishments included in these codes

Inland dredging contractors - establishments that remove sediment and debris from bodies of water, such as rivers, lakes, and reservoirs, to deepen and maintain shipping channels, restore shorelines, maintain reservoir storage capacity, and prevent flooding.

Sand and gravel dredging contractors - establishments that use dredges to mine sand, gravel, and other materials from the bottom of bodies of water for use in construction, landscaping, and other industries.

Maritime dredging contractors - establishments that use dredges to remove sediment and debris from ports, harbors, and shipping channels to maintain safe navigation for commercial and recreational vessels.

Land reclamation contractors - establishments that use dredges in restoring or reclaiming land from bodies of water such as rivers, lakes, and oceans. They use specialized equipment to remove sediments, debris, and pollutants from the bottom of the water body to improve water quality and to create new land or restore existing land.

Aquatic environmental remediation contractors - establishments that use dredges in removing contaminated sediments and other pollutants from bodies of water such as lakes, rivers, and harbors. The dredged material is transported to a separate location for proper disposal or treatment.

Offshore trenching and pipeline contractors - establishments that use specialized dredge equipment to excavate trenches on the seafloor for the installation of pipelines, telecommunications cables, and other infrastructure and clean out pipelines used to transport oil, gas, and other liquids to prevent blockages and maintain flow.

Companies included in these codes

Great Lakes Dredge & Dock Corporation - Great Lakes provides marine infrastructure services such as environmental and geotechnical consulting, civil engineering, and marine construction. They also offer erosion control services, land reclamation and earthwork services, and flood protection services.

Manson Construction Co. - Manson Construction provides a range of marine construction services, including foundation work, heavy marine transport, salvage and wreck removal, and offshore oil and gas support services. They also offer environmental remediation and wetland restoration services.

Cashman Dredging & Marine Contracting Co. - Cashman specializes in marine construction, environmental remediation, and shoreline restoration. Their services include beach nourishment, levee construction, and hydrographic surveying.

Weeks Marine Inc. - Weeks Marine provides a variety of marine construction services, including marine transportation, offshore construction, and dredging. They also offer environmental services such as habitat restoration, beach nourishment, and sediment management.

Coastal Dredging Company Inc.: This company specializes in environmental services related to sediment and erosion control, as well as shoreline stabilization and restoration. They offer wetland mitigation, dredge material management, and marine construction services.

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

More valuation data»

Related Industries:
Barge Shipping and Transportation
Crushed Stone, Sand, and Gravel Mining
Marinas and Boat Yards
Ship Building and Repair

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