With the S&P 500 Index hitting record highs this year while markets in China and Hong Kong have struggled, the 22nd annual Global 2000 ranking of the world’s largest public companies is more U.S.-centric than it’s been since before the 2008 financial crisis. JPMorgan Chase, with its market capitalization of $550 billion market cap and $4 trillion in assets, held the top spot on the list for the second straight year, with Warren Buffett’s Berkshire Hathaway right behind it at No. 2. The two giants are among 621 American companies on the list.

TOP 100 Construction Companies 2023

“Turnover is vanity but profit is sanity” is an old stock market adage and at a glance the latest Top 100 shows an industry focused on the bottom line.

Altogether, this year’s Top 100 construction companies turned over £74.5bn in their latest accounts – up by 12.6% on the previous financial year – but profitability surged at a far higher rate as companies emerged from the worst effects of the Covid-19 pandemic.

Those same 100 companies virtually doubled their aggregate pre-tax profits to just over £2bn according to the latest available accounts at Companies House as of July 31st, 2023.

At a superficial level that performance, together with a doubling of the number of construction people appearing in the Sunday Times annual Rich List, suggests an industry in fine fettle as the wider economy sags under pressure from a cost of living crisis and rising interest rates.

The construction industry’s leading players should therefore be in decent shape. But if you dig a bit deeper the picture is far more complex and less positive. While 84 companies in the Top 100 increased turnover and 87 of them made a pre-tax profit in their latest trading year (up from 83 in the previous period) the size of that bottom-line profit figure reduced at 54 of those companies.

UK’s Biggest Architecture Practices

Here you can rank, read and compare AJ100 practices’ financial figures and business profiles – including fee income, staff numbers and percentage of female architects – from 2011 onwards. NB all fee and practice data relates to the previous calendar year, for example 2022 fee data is for 2021, and staff numbers are calculated at 31 December of the previous year. Find out more about AJ100.

Forbes – World’s Largest Companies 

With the S&P 500 Index hitting record highs this year while markets in China and Hong Kong have struggled, the 22nd annual Global 2000 ranking of the world’s largest public companies is more U.S.-centric than it’s been since before the 2008 financial crisis. JPMorgan Chase, with its market capitalization of $550 billion market cap and $4 trillion in assets, held the top spot on the list for the second straight year, with Warren Buffett’s Berkshire Hathaway right behind it at No. 2. The two giants are among 621 American companies on the list.