West Valley Construction Ranks #12 Utility Contractor in ENR's Top 600 Specialty Contractor List

Shifting Markets

Revenue for the Top 600 Specialty Contractors rose 15.1% to $214.5 billion in 2023 from $186.4 billion in 2022. Among the 544 firms that filed surveys for this year’s ranking and for last year’s, 73.3% reported an increase in revenue. The equivalent number for last year’s list was 79.4%.

Median firm revenue last year increased 10.9% to $118.3 million from $106.7 million. New contracts for this year’s Top 600 also rose 24.2%, and median firm new contract totals are up 13.6% to $114.7 million. Overall, 95.8% of reporting firms said they made a profit in 2023.