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Highway, Street & Bridge Construction (NAICS 23731) Industry Market Research Report

Highway, Street & Bridge Construction - Market Size and Forecast

The Highway, Street and Bridge Construction report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Highway, Street & Bridge Construction Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Highway, Street & Bridge Construction - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Highway, Street & Bridge Construction companies in the United States.

Highway, Street & Bridge Construction Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesHighway, Street & Bridge Construction
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Highway, Street & Bridge Construction - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Highway, Street & Bridge Construction - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Highway, Street & Bridge Construction - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations6%


Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations6%
Construction and Extraction Occupations66%
Supervisors of Construction and Extraction Workers8%
First-Line Supervisors of Construction Trades and Extraction Workers8%
First-Line Supervisors of Construction Trades and Extraction Workers8%
Construction Trades Workers55%
Construction Laborers25%
Construction Laborers25%
Construction Equipment Operators19%
Paving, Surfacing, and Tamping Equipment Operators5%
Operating Engineers and Other Construction Equipment Operators14%
Transportation and Material Moving Occupations11%
Motor Vehicle Operators8%
Driver/Sales Workers and Truck Drivers8%
Heavy and Tractor-Trailer Truck Drivers8%

Government Contracts

In 2008, the federal government spent a total of $2,022,443,908 on the highway, street & bridge construction industry. It has awarded 6,604 contracts to 1,090 companies, with an average value of $1,855,453 per company.

Highway, Street & Bridge Construction and Adjacent Industries - Top Companies

($ Millions)


Highway, Street & Bridge Construction Industry Report
GeographyUnited States  
Publication DateOctober 2020
Report FormatPDF Download