U.S. Construction Ranking 2024

SANTA CLARA, Calif. - Nov. 5, 2024 - PRLog -- RealRate Inc.

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Press Release

U.S. Construction Ranking 2024

The new Construction industry rating for 2024 has just been released by RealRate.

These are the top three Construction companies in the U.S., measured by Economic Capital Ratio:

1.       NVR INC. – 477%
2.       RELIANT HOLDINGS INC. – 411%
3.       PULTEGROUP INC. – 335%

The complete rating of 44 Construction companies is published at https://realrate.ai/rankings/

11 companies achieved the sought-after 'Top-Rated' seal.

Founded in 1980 and based in Pittsburgh, Pennsylvania, NVR, Inc. is a company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. Its current assets are $6.6 billion.

Headquartered in Austin, Texas, Reliant Holdings has expanded over the past few years by taking advantage of Austin's growth as one of the fastest growing cities in the United States. It has now become a construction conglomerate that encompasses all aspects of residential construction, from initial design phases to the very last detail of construction, including swimming pools and landscape design. It has total current assets of $854 million.

PulteGroup, Inc. is an American residential home-construction company. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes. It was founded in 1950 and is based in Atlanta, Georghia. It has current assets of $16.1 billion.

CEO Dr. Holger Bartel: "The American construction industry is a dynamic sector, pivotal to economic growth. It includes residential, commercial, and infrastructure projects, contributing trillions annually. Recent trends emphasize sustainability, technological integration like AI, and modular construction.

In 2023, the sector generated approximately $1.9 trillion, largely due to urban development projects and the housing market. Forecasts suggest that by 2024, total industry revenue will likely increase to around $1.23 trillion, sustained by demand in both commercial and residential construction.

Superior financial strength is of utmost importance in the construction industry, ensuring the building of homes and businesses in the future."

About RealRate:

RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting-edge explainable Artificial Intelligence, we provide fair company ratings, avoiding any conflicts of interest. Combining AI and expert knowledge, financial strength is evaluated based on published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food, and pharma. Only the best-rated companies are awarded the RealRate Top-Rated seal.