Large Contractors Report Rising Revenue, Strong Backlogs
May 27, 2025
In the latest round of earnings reports, the large contractors – Fluor, Tutor Perini, Granite Construction and Skanska – are reporting revenue increases and strong backlogs, though not all reported a profitable quarter. Fluor reported just under $4 billion in first-quarter revenue for the year, representing a 6.6% year-over-year increase from last year’s first quarter.
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