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The average pre-tax profit made from contracting in the UK has fallen year-on-year, according to a major piece of annual research published by ¾«¶«Ó°ÊÓ this Friday.

The Top 150 Contractors and Housebuilders list, which compiles data from firms’ accounts and ranks them by turnover, shows the average pre-tax profit from contracting activities has dropped 9% year-on-year.

The overall drop in profit, once housebuilding profit is also taken into account, was 31%.

Pre-tax margins have also fallen, with the average figure for firms in the top 150 standing at 2.4%, down from 3.9% the previous year.

The research also shows the top 150 companies generated a combined £118.4bn turnover in firms’ most recent reporting year – which for the vast majority has a year end in 2023 or 2024. This figure, which includes housebuilders and contractors, is 2% up on the previous year. However, this has slowed from an annual increase of 9% the year before.

The Top 150 Housebuilders and Contractors table is fully sortable by pre-tax profit and income, staffing costs and numbers. It also shows a split in activity.

We will also be publishing separate tables on the top 50 housebuilders, the top 50 contractors and the top 20 facilities management/services firms.

¾«¶«Ó°ÊÓ will publish in-depth analysis pieces on the state of the contracting market and housebuilding along with a ‘data-crunching’ piece revealing the firms that are the biggest risers and fallers in the rankings.