Construction sector
CONSTRUCTION · SECTOR · MARKET VIEW
Market view · as of Aug 29, 2026
CAT
$375.55B
+24.0% rev YoY
VMC
$35.49B
+2.5% rev YoY
MLM
$37.54B
+21.0% rev YoY
MAS
$14.35B
-2.9% rev YoY
Construction sector valuations remain elevated, with Caterpillar, Vulcan Materials, and Martin Marietta trading at price-to-earnings multiples between 32.26 and 35.34. Caterpillar and Martin Marietta posted strong revenue growth of 24% and 21% respectively, contrasting with a 2.9% revenue decline at Masco Corporation. Despite these growth disparities, operating margins across the group remain consistent, ranging from 20.2% at Martin Marietta to 23.6% at Masco.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| CAT | $375.55B | 35.34 | 24.0% | 22.2% |
| VMC | $35.49B | 32.26 | 2.5% | 21.6% |
| MLM | $37.54B | 34.37 | 21.0% | 20.2% |
| MAS | $14.35B | 16.77 | -2.9% | 23.6% |
Sources this view read
- fundamentals Construction constituent fundamentals (Alpha Vantage)