November 2026
Largest ConstructionTech Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Trane Technologies, Johnson Controls, CRH, Holcim and Carrier Global.
 | Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction. | $413 | -2% | $90B | $93B | 4.4x | 21.7x | ||
| Following Johnson Controls’ divestiture of its residential and light commercial HVAC businesses to Bosch in 2025, nearly all of its revenue comes from commercial HVAC (60%) and fire and security products and services (40%). A 2016 merger joined Johnson Controls’ HVAC and Tyco’s fire and security businesses with the premise that there is synergy in offering a broader variety of automation products and solutions to commercial buildings. We estimate Johnson Controls’ pro forma revenue mix will be one-third products, one-third installation, and one-third services. | $146 | +18% | $89B | $99B | 4.2x | 32.5x | ||
 | CRH is a global building materials group headquartered in Dublin, Ireland and New York, which moved its primary stock listing to the New York Stock Exchange in June 2023. It was formed on 20 October 1970 through the merger of Cement Limited and Roadstone Limited and listed on the Irish Stock Exchange in 1973. It operates through CRH Americas, covering materials and building solutions across 48 US states and 7 Canadian provinces, and CRH International, with operations in Europe, Australia and the Philippines, from about 3,961 locations in 28 countries. For 2025 it reported revenue of US$37.4 billion and net income of US$3.75 billion with about 83,000 employees, and it earns revenue from aggregates, cement, asphalt, ready-mixed concrete and building products. Its acquisitions include the EUR 6.5 billion Lafarge and Holcim assets in 2015, which included Tarmac in the UK, and Ash Grove Cement for US$3.5 billion in 2018. Jim Mintern is chief executive. | $97 | -19% | $64B | $78B | 2.1x | 10.3x | ||
 | Holcim is a manufacturer of Building Materials and Building Solutions that are used across the built environment, from infrastructure and industry to buildings. Over 50% of group sales are generated in Europe, with its largest markets being France, UK, Mexico and Australia. Holcim's low-carbon brands, ECOPact and ECOPlanet, account for over one-third of its cement and concrete sales. | $86 | -7% | $48B | $56B | 2.9x | 20.1x | ||
| Carrier Global, spun out of United Technologies in 2020, manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its flagship Carrier brand, as well as Bryant, Payne, Heil, and others across various price points. In 2024, Carrier acquired Viessmann Climate Solutions to expand its footprint in Europe with heat pumps, boilers, and solar PV equipment. Proceeds from the sale of Carrier’s fire and security (Honeywell) and commercial refrigeration (Haier) businesses reduced debt and focused the company on global HVAC and refrigeration solutions. Carrier generates 75% of sales from equipment and 25% from parts and services. The company derives 50% of revenue from the US, 30% from Europe, and 20% from the Asia-Pacific region. | $55 | +1% | $45B | $55B | 2.5x | 15.9x | ||
| Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, North Carolina, Colorado, California, and Georgia, accounting for most of its sales. The company also uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin’s magnesia specialties business produces magnesia-based chemical products and dolomitic lime. | $552 | -11% | $39B | $45B | 7.3x | 21.3x | ||
| Vulcan Materials is the largest producer of construction aggregates in the US. The company produced around 228 million tons of aggregates in 2025 and has 16.6 billion tons of proven and probable reserves, equivalent to roughly 83 years of supply at current production levels. Over the past several years, Vulcan has increasingly focused its portfolio on aggregates while reducing its exposure to downstream businesses such as ready-mix concrete and asphalt. The company operates across 23 US states, with additional operations in Mexico. | $289 | -3% | $37B | $41B | 5.2x | 17.6x | ||
 | Compagnie Saint-Gobain is a manufacturer of building materials that are mostly supplied to the construction industry. The company offers a vast range of products including glass, roofing, insulation, and a distribution business. Saint-Gobain has a well-documented history stretching back to the 17th century, with traces of its products visible across France’s most prominent landmarks. Approximately two thirds of sales are generated in Europe, with France contributing 25% of group sales. | $76 | -24% | $37B | $50B | 1.0x | 6.6x | ||
 | Heidelberg Materials is one of the world’s largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. Europe is the company’s largest market contributing nearly half of group sales. Heidelberg Materials is listed in Germany and has 55,000 employees. | $168 | -34% | $30B | $37B | 1.6x | 7.6x | ||
 | Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports. | $32 | +5% | $22B | $49B | 2.7x | 18.4x | ||
| Kingspan is a global leader in high-performance insulation and building envelope solutions. It's been a serial acquirer of insulation companies since the 1980s and boasts a well-known brand that resonates with risk-averse project specifiers. In recent years, it has focused on expanding its product scope beyond insulation and now offers a comprehensive suite of products and solutions for the broader building envelope. Today, its insulated building envelopes segment generates 82% of group sales, while the rest comes from Advnsys. Kingspan has more than 270 manufacturing sites spread across 80 countries. It has leading positions in Europe (71% of sales) and North America (22%), and it is highly exposed to new-build (75%) and nonresidential construction (75%). | $106 | +24% | $19B | $22B | 2.1x | 15.9x | ||
 | Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company’s production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment. | $1 | +199% | $19B | $18B | 5.5x | 11.9x | ||
| Masco manufactures a variety of home improvement and building products. The company’s $5 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The roughly $2.5 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware products. | $84 | +29% | $16B | $19B | 2.5x | 13.5x | ||
| Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The Branded Consumer & Bazaar segment, which generates the majority of revenue, sells adhesives and sealants, construction and paint chemicals, art and craft materials, and others. These products are widely used by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment sells industrial products such as industrial adhesives, resins, and organic pigments and preparations, etc., and caters to various industries like packaging, joineries, textiles, paints, printing inks, paper, leather, etc. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of its revenue comes from India. | $16 | -5% | $16B | $15B | 10.0x | 38.9x | ||
 | Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of over 400 million metric tons in 2024, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income. | $3 | -17% | $14B | $13B | 1.0x | 4.8x | ||
| Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounted for 67% of sales and commercial HVAC (building climate solutions) accounted for the remaining 33% of sales. To be clear, Lennox’s commercial exposure is what its peers refer to as “residential and light commercial,” lacks the scale and complexity of what is referred to as an “applied” solution. The company goes to market with multiple brands, but Lennox is the company’s flagship HVAC brand. | $354 | -29% | $12B | $14B | ||||
| Belimo Holding AG is engaged in the development, production, and sales of field devices for the energy-efficient control of heating, ventilation, and air-conditioning system. The focus of the core business is on damper actuators, control valves, sensors, and meters, such as fire damper actuators, valve actuators, globe valves, throttle valves, duct sensors (air), and outdoor sensors (air), among others. The company, along with its subsidiaries, has four reportable operating segments: EMEA, Americas, Asia Pacific, and Shared Services. Maximum revenue for the company is generated from the Americas. | $965 | -1% | $12B | $12B | ||||
 | Posco Future M is in the business of coal chemistry and carbon materials. Its key business includes refractory manufacture and sale, furnace construction and maintenance, lime business, environmental business, comprehensive chemicals, carbon materials, and secondary battery anode materials, among others. The group operates in two segments: Basic Materials Division, which includes Refractory Business, Lime Mars Business, and Energy Materials Division, which includes the manufacture and sale of cathode and cathode materials. It generates the majority of its revenue from the Energy Materials Division. | $126 | -10% | $11B | $14B | ||||
| Advanced Drainage Systems Inc is the manufacturer of water management solutions in the stormwater and onsite septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplaces. Its products are used across a broad range of end markets and applications, including residential, non-residential, infrastructure and agriculture applications. It operates business in three distinct reportable segments: Pipe; International, and Infiltrator. It generates a greater proportion of revenue from its Pipe segment, which consists of Pipe product sales in the United States. The Infiltrator is a provider of plastic leachfield chambers and systems, septic tanks and accessories, for use in residential applications. | $139 | -9% | $10B | $12B | ||||
| Owens-Corning Inc is a building products company that offers roofing products and systems, insulation products (hermal and acoustical batts, loose fill insulation, spray foam insulation, wet use chopped strand, etc.), and doors and door systems. The company's reportable segments are: Roofing, Insulation, and Doors. Maximum revenue is generated from the Roofing segment, which manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components, and composite lumber mainly used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Geographically, the company generates maximum revenue from the United States, followed by Europe, Asia-Pacific, and other markets. | $126 | +11% | $9.9B | $15B | ||||
 | NIBE Industrier is a Swedish industrial group listed in Stockholm, with roots in Markaryd in Smaland. The group comprises more than 200 companies worldwide and reports through three business areas: Climate Solutions, Element and Stoves. Climate Solutions makes heat pumps, water heaters, boilers and indoor climate products for homes and buildings; Element makes resistance components and heating elements for appliances and industry; Stoves makes wood-burning stoves and fireplaces. NIBE has grown mainly by acquiring manufacturers in Europe and North America, and in 2006 it bought the Czech water heater maker DZ Drazice to build its position in heat pumps and electric water heaters in Central Europe. Customers are installers, distributors, appliance makers and consumers, and revenue comes from product sales. | $5 | +26% | $9.4B | $11B | ||||
| SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States. | $162 | -25% | $8.1B | $9.2B | ||||
 | Buzzi is an Italian cement and ready-mix concrete producer headquartered in Casale Monferrato, listed on the Milan stock exchange. It operates in Italy, the United States, Germany, Luxembourg, the Netherlands, the Czech Republic and Slovakia, Poland, Brazil, Mexico, the United Arab Emirates and other markets. In 2025 consolidated net sales were EUR 4,518.8 million and net profit was EUR 924.1 million, with hydraulic binder sales of 31.9 million tons and ready-mix concrete sales of 9.9 million cubic meters. The Buzzi family holds about 53 percent through Presa and Fimedi. Recent steps include full control of its Brazilian joint venture NCPAR in October 2024, a controlling stake in Gulf Cement Company in the United Arab Emirates in 2025, and a 25 percent stake in Alpacem Zement Austria with the sale of the Fanna plant in February 2025. S&P rates the company BBB+. | $45 | -27% | $7.9B | $7B | ||||
| Builders FirstSource is the largest US supplier of building products, prefabricated components and value-added services to professional homebuilders, remodelers and contractors, headquartered in Irving, Texas and listed on Nasdaq as BLDR. The company was established in 1998 when JLL Partners acquired Builders' Supply and Lumber Company from Pulte, and its 2015 merger with ProBuild created a business with $6.1 billion of revenue and more than 430 locations. In January 2021 it completed an all-stock merger with BMC Stock Holdings, which created a company with more than $11 billion of annual sales, about 26,000 employees and roughly 550 distribution and manufacturing locations. In 2025 it reported net sales of $15.19 billion and net income of $435.2 million and operated about 585 locations in 43 states with roughly 28,000 employees. It manufactures trusses, wall panels, windows and doors and also sells lumber, millwork and installation services. | $68 | -40% | $7.3B | $12B | ||||
| Armstrong World Industries Inc designs and manufactures exterior architectural applications, including ceilings, specialty walls, and exterior metal solutions, using materials such as mineral fiber, fiberglass, metal, felt, architectural resin and glass, wood, wood fiber, and glass-reinforced-gypsum. Its segments include Mineral Fiber, which produces suspended mineral fiber and fiberglass ceiling systems and includes results from the Worthington Armstrong Venture (WAVE) for ceiling suspension system (grid) products; Architectural Specialties, which designs, produces, and sources specialty ceilings, walls, and other architectural applications for commercial settings, with revenues mainly project driven; and Unallocated Corporate. The company operates in the United States and Canada. | $171 | -10% | $7.2B | $7.4B | ||||
 | TCC Group Holdings Co Ltd engages in the manufacturing and marketing of cement, cement-related products and ready-mixed concrete. The majority of revenue comes from Taiwan and the rest from Asia and Europe. | $1 | +18% | $6.5B | $11B | ||||
| Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include cement and gypsum wallboard, and are sold to the construction and building industries. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. | $196 | -13% | $6B | $7.2B | ||||
| AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It generates the majority of its revenue from the AAON Oklahoma segment which derives maximum revenue, engineers, manufactures, and sells, semi-custom, and custom HVAC systems, designs and manufactures control solutions, and sells retail parts to customers through retail part stores and online. | $68 | -27% | $5.6B | $6B | ||||
| Louisiana-Pacific Corp is an oriented strand board producer and also offers engineered wood siding used in home construction and repair and remodel projects. The Siding business of the company serves different markets with a broad product portfolio of engineered wood siding, trim, soffit, and fascia. The Company operates through three operating segments: Siding, OSB, and LP South America (LPSA). The company generates majority of its revenue from siding segment. | $76 | -8% | $5.3B | $5.3B | ||||
| Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of the company's revenue comes from Taiwan and China. | $1 | -5% | $4.2B | $5.5B | ||||
| United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime and lime slurry. It supplies its products predominantly to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates through its Lime and Limestone Operations segment. | $119 | -2% | $3.4B | $2.8B | ||||
| Banner Corp is a bank holding company. It wholly owns one subsidiary bank, Banner Bank. The Bank's primary business is that of traditional banking institutions, accepting deposits and originating loans in locations surrounding its offices in Washington, Oregon, California, Idaho, and Utah. Banner Bank also actively participates in the secondary loan markets, engaging in mortgage banking operations largely through the origination and sale of one to four family residential loans. | $72 | +14% | $2.6B | $2.6B | ||||
| Boise Cascade Co is a producer of engineered wood products (EWP) and plywood. The firm operates in two reportable segments, namely Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber (LVL), I-joists, and laminated beams. In addition, it manufactures structural, appearance, and industrial-grade plywood panels, and ponderosa pine lumber. The Building Materials Distribution segment is engaged in the distribution of various building materials, including oriented strand board (OSB), plywood, and lumber; general line items such as siding, composite decking, doors and millwork, metal products, roofing, and insulation; and EWP, among others. The company generates a majority of its revenue from the Building Material Distribution segment. | $75 | -2% | $2.6B | $3B | ||||
| Cemindia Projects, formerly ITD Cementation India, builds marine, industrial, hydro power, and urban infrastructure projects. Customers include ports, governments and industry. It is part of the Cem group. Headquartered in Mumbai. | $14 | +45% | $2.5B | $2.5B | ||||
| Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into three activities: Performance Minerals comprises three geographic business areas - Europe, the Middle East and Africa, the Americas, and the Asia Pacific. It mainly serves the plastics, rubber, paints & coatings, filtration, renewable energy, and paper & board markets. The company operates in three segments: Performance Minerals, Refractory, Abrasives & Construction, and Solutions for Energy Transition. The majority of the revenue is generated from the Performance Minerals segment. | $28 | +4% | $2.4B | $4.1B | ||||
| Kalpataru Projects International builds power transmission lines, railways, oil and gas pipelines, buildings and water projects in India and overseas. Customers are utilities, governments and industrial clients. It is one of India's larger engineering and construction firms. Headquartered in Mumbai. | $14 | +5% | $2.4B | $2.6B | ||||
| ACC Ltd manufactures and sells cement, concrete, and cement-related products under the ACC brand. The firm operates in two segments based on the products: Cement and Ready Mix Concrete. The Cement segment, which generates the vast majority of revenue, sells cement to the construction and building industries as well as home improvement retailers. The Ready Mix Concrete segment sells concrete for infrastructure, industrial construction, and mass housing projects. Nearly all of the firm's revenue comes from India. | $12 | -41% | $2.3B | $2.1B | ||||
| Glodon Co Ltd provides information technology services and solutions to the construction industry. It is engaged in utilizing BIM and digital technologies such as big data, IoT, mobile internet, and industry AI to provide the construction industry with digital building full lifecycle solutions based on specialized applications in the construction engineering field, thus helping the construction industry transform and upgrade. The products and services provided by the company are Architecture Design, Integrated Solution, Infrastructure Design, Integrated Solution, 5D BIM Digital Cost Management Solution, Client-Cloud Big Data Integrated Solution, Digital Construction Solution, and Others. | $1 | -29% | $2.1B | $1.5B | ||||
 | Wienerberger AG manufactures and sells building materials to the residential construction industry. The company's product portfolio includes clay blocks, facing bricks, roof tiles, plastic and ceramic pipes, and concrete pavers, among others. The business is divided into three operating segments based on geographic locations: Europe West, Europe East, and North America. A vast majority of the company's revenue is generated by the Europe West segment, which reports on Northern and Western Europe and encompasses system solutions for the entire building envelope (wall, roof, and facade) as well as pavers, wastewater and rainwater disposal, sanitation, heating and cooling installations, and energy, gas, and potable-water supply. | $19 | -44% | $2.1B | $4.7B | ||||
 | SigmaRoc is a London-listed industrial-minerals group producing lime, limestone and construction materials across the United Kingdom and continental Europe. It operates a decentralised network of quarries, kilns and processing sites that sell quicklime, hydrated lime, aggregates and specialised mineral products. Customers include steel, chemical, environmental, agriculture, construction and infrastructure businesses. Revenue is generated predominantly from the sale of these processed mineral and building products. The group expanded materially through acquisitions, including its purchase of CRH's European lime operations, and organises the portfolio into regional operating platforms. Through its Buxton Lime business, SigmaRoc owns lime works at Tunstead in Derbyshire that are included in Peak Cluster. Lime manufacture creates unavoidable process emissions when limestone is calcined, so the proposed shared capture and transport network is relevant to the plant's long-term competitiveness. SigmaRoc plc invested directly in the Peak Cluster project company. | $2 | +4% | $1.8B | $2.5B | ||||
| Tecnoglass Inc is a manufacturer of hi-spec architectural glass and windows for residential and commercial construction industries, operating through its direct and indirect subsidiaries. Its product offerings include tempered glass, laminated glass, thermo-acoustic glass, sliding windows, projecting windows, guillotine windows, sliding doors, loating facades, automatic doors, bathroom dividers, and commercial display windows, among others. The company has one operating segment, Architectural Glass and Windows, which is also its reporting segment. Geographically, the company generates maximum revenue from its customers in the United States, followed by Colombia, Panama, and other regions. | $40 | -18% | $1.8B | $1.8B | ||||
| Breedon Group PLC is a producer of construction materials. The products include aggregates such as polished stone value stones, sub-base materials and sands for the road construction industry, milled limestones for agricultural applications, asphalt, ready-mix concrete, concrete beams and blocks, cement, and others. The company's customers range from civil engineering business over local authorities and utilities companies to homes and smaller businesses. The company generates majority of its revenue in the United Kingdom. | $4 | +2% | $1.5B | $2.5B | ||||
| Gibraltar Industries Inc manufactures and provides products and services for the Renewable energy, Residential, Agtech, and Infrastructure markets. The Renewables Segment is engaged in designing, engineering, manufacturing, and installing solar racking and electrical balance systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance, and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems electronic package solutions, and Retractable awnings and gutter guards, among other products. | $42 | -17% | $1.2B | $2.5B | ||||
| Apogee Enterprises Inc is a provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The company's operating segment consists of the Architectural Metals Segment, Architectural Services Segment, Architectural Glass Segment, and Performance Surfaces Segment. The company generates the majority of its revenue from the Architectural Metals Segment, which designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems used principally in non-residential construction. The company generates revenue geographically from the United States, Canada, and Brazil, with the majority coming from the United States. | $47 | +29% | $981M | $1.3B | ||||
| Janus International Group is an American manufacturer of building products for the self-storage, commercial and industrial markets, headquartered in Temple, Georgia, and listed on the New York Stock Exchange. It makes roll-up and swing doors, hallway systems, single- and multi-storey steel buildings and building components, rolling steel and commercial sheet doors, door operators and MASS relocatable storage units, and sells the Nokē smart-entry access-control range of wireless and hardwired locks, keypads and screens. It also runs R3 (restore, rebuild, replace), which upgrades, converts and expands existing self-storage facilities. Customers are self-storage developers and operators, contractors and owners of commercial and industrial buildings, who buy its products and installation services; the company operates from several US and international locations. Founded in 2002, Janus was owned by Clearlake Capital Group before going public on June 7, 2021 through a merger with the special purpose acquisition company Juniper Industrial Holdings at a pro forma enterprise value of about $1.9 billion; its shares trade under the ticker JBI. In fiscal 2025 it reported revenue of $884.2 million, down 8.3% from $963.8 million, net income of $53.8 million and adjusted EBITDA of $168.2 million, and it had 1,583 employees under chief executive Ramey Jackson. | $5 | -21% | $667M | $1.1B | ||||
| Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the ODR segment. | $47 | -34% | $558M | $619M | ||||
| LCC Projects is an engineering, procurement and construction company working on roads, bridges, water and other infrastructure. Its customers are mostly government agencies and public sector bodies. It is headquartered in Ahmedabad. | $1 | -- | $409M | $446M | ||||
| Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others. | $5 | +50% | $400M | $392M | ||||
 | Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel. The company's segment are Canada and the United States. It derives maximum revenue from Canada. | $4 | -17% | $400M | $459M | ||||
| J Kumar Infraprojects builds metros, flyovers, bridges, tunnels and water projects, mostly in the Mumbai region and other large cities. Its customers are government agencies and public sector authorities. It is headquartered in Mumbai. | $4 | -34% | $330M | $364M | ||||
| Provider of pre-engineered steel buildings and structures for factories, warehouses, data centres and logistics parks, handling design, fabrication and erection. Customers are industrial and infrastructure developers across India and overseas. Based in Noida. | $16 | -40% | $269M | $251M | ||||
| Eleco PLC is a specialist international provider of software and related services to the built environment through its operating brands Elecosoft and Veeuze. The company’s software solutions are trusted by international customers and used throughout the building lifecycle from early planning and design stages through to construction, interior fit-out, asset management, and facilities management to support project delivery, estimation, visualization, Building Information Modelling, and property management. The group's revenue is derived entirely from the sale of software licenses, software maintenance and support, and related services. Geographically, the group generates maximum revenue from the United Kingdom, and the rest from Scandinavia, the USA, Germany, and other regions. | $3 | +77% | $258M | $239M | ||||
| Simplex Infrastructures is a civil construction contractor working on foundations, buildings, ports, power, rail and roads. Its customers are government bodies and private developers. It is headquartered in Kolkata. | $3 | -13% | $215M | $379M | ||||
| JELD-WEN Holding Inc is engaged in door and window manufacturing. The company designs, produces, and distributes interior and exterior building products, offering a selection of doors, windows, walls, and related products. The products are used in the new construction of residential and non-residential buildings. The firm's operating segments are North America, and Europe. It generates a majority of its revenue from North America. | $1 | -52% | $110M | $1.5B | ||||
 | hipages Group Holdings Ltd is an online platform and software as a service provider that aims to connect tradies and consumers to resolve difficulties that come with organizing and coordinating home improvement jobs. The platform provides an efficient, technology-driven model to connect consumers with qualified tradies, and facilitates the management of other elements of the home improvement process, such as communication, payment, and ratings and recommendations. The company has two segments, Australia (Hipages online tradie platform) and New Zealand (Builderscrack online tradie platform). The company generates the majority of its revenue from Australia. | $1 | -30% | $81M | $65M | ||||
 | 3REN Bhd is principally an investment holding company which operates through subsidiaries and is an principally engaged in automation solutions and engineering services provider. Its business activities include provision of product engineering services, Provision of engineering support services for IC assembly and testing, Design, development and sale of digitalised solutions, and Design, development and sale of automated equipment. Key revenue is generated from Product engineering services. | $0 | -8% | $55M | $51M | ||||
| AgEagle Aerial Systems Inc is actively engaged in designing and delivering drones, sensors and software that solve important problems for its customers. It designs, produces, distributes, and supports technologically advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through sensors. | $0 | -- | $25M | $12M | ||||
| Felix Group Holdings Ltd is an online construction marketplace for people to list, find, and hire equipment and subcontractors. The solutions offered by the company include Vendor Management, Sourcing, Contracts, c, and APIs and integrations. The company generates maximum revenue from Enterprise Saas (Contractors) Revenue. The Company has developed and operates a cloud-based enterprise SaaS and marketplace platform called Felix that automates and streamlines a range of critical procurement-focused business processes for organisations from the commercial construction. | $0 | -76% | $9M | $9M | ||||
| Median | $41 | -8% | $4.7B | $5.4B | 2.1x | 12.0x |
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