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Black & Veatch: Business Overview, Financials & Competitive Analysis

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company. It specializes in infrastructure development in energy, liquefied natural gas, water, renewable ener...

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What's in This Report
Black & Veatch OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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8/ 10Strong

Cyborg Score thesis

Leading employee-owned infrastructure EPC firm with $4.7B revenue, strong federal contracts, and strategic positioning in energy...

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Industry Engineering, Procurement & Construction (EPC)
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 20, 2026
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Black & Veatch Overview

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Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company. It specializes in infrastructure development in energy, liquefied natural gas, water, renewable energy including solar, private telecommunications, government, mining, data centers, cybersecurity, advisory services, electrified transportation and smart cities.

Strategic Profile

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As of October 2025, BV is the 5th largest 100% employee-owned company in the United States with approximately 13,000 employees and reported total revenue of $4.735 billion. According to Engineering-News Record (ENR) magazine, Black & Veatch is the 13th-largest design firm in the United States based on revenue for design services performed in 2024. The company is strategically positioned as a comprehensive infrastructure solutions provider serving interconnected ecosystems across energy, water, and digital infrastructure with deep expertise in energy transition and human-critical systems.

Competitive Landscape

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Black & Veatch competes against major players like Fluor, Burns & McDonnell, and Parsons. As the 13th-largest U.S. design firm by revenue, it serves diverse infrastructure markets including power, water, LNG, and data centers. Key differentiation stems from its 100% employee ownership structure, comprehensive service portfolio spanning EPC and consulting, and sector-specific expertise in critical infrastructure and energy transition.

Industry Context

Black & Veatch operates in Engineering, Procurement & Construction (EPC).

Key facts

Founded: 1915 · Headquarters: Overland Park, Kansas · Employees: 13,000 · Revenue: $4.735B

What the analysts stress-tested

The top findings that survived the multi-agent debate for Black & Veatch.

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

FluorGlobal EPC and infrastructure servicesBurns & McDonnellEngineering, construction, and consultingParsonsInfrastructure and engineering services

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Industry context

Black & Veatch operates in Engineering, Procurement & Construction (EPC). See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Black & Veatch do?+
Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company. It specializes in infrastructure development in energy, liquefied natural gas, water, renewable ener...
What is Black & Veatch's Cyborg Score?+
Black & Veatch has a Cyborg Score of 8/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Black & Veatch's main competitors?+
Named competitors include Fluor, Burns & McDonnell, Parsons. The full competitive landscape is in the AskCyborg report.
How can I get the full Black & Veatch research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Black & Veatch research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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