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Utility System Construction (NAICS 2371) Industry Market Research Report

Utility System Construction - Market Size and Forecast

The Utility System 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)

Utility System 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.

Utility System 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 Utility System Construction companies in the United States.

Utility System Construction Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesUtility System Construction
Small Business (< 5 Employees)


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

Utility System 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

Utility System 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

Utility System Construction - Compensation and Salary Surveys

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


Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations7%
Construction and Extraction Occupations55%
Supervisors of Construction and Extraction Workers7%
First-Line Supervisors of Construction Trades and Extraction Workers7%
First-Line Supervisors of Construction Trades and Extraction Workers7%
Construction Trades Workers43%
Construction Laborers21%
Construction Laborers21%
Construction Equipment Operators10%
Operating Engineers and Other Construction Equipment Operators10%
Pipelayers, Plumbers, Pipefitters, and Steamfitters6%
Installation, Maintenance, and Repair Occupations16%
Other Installation, Maintenance, and Repair Occupations13%
Line Installers and Repairers10%
Electrical Power-Line Installers and Repairers7%
Telecommunications Line Installers and Repairers10%
Transportation and Material Moving Occupations5%

Government Contracts

In 2008, the federal government spent a total of $1,314,260,941 on the utility system construction industry. It has awarded 4,932 contracts to 1,309 companies, with an average value of $1,004,019 per company.

Utility System Construction and Adjacent Industries - Top Companies

($ Millions)


Utility System Construction Industry Report
GeographyUnited States  
Publication DateOctober 2020
Report FormatPDF Download  

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