Each fall, the staff of EC&M unveils its highly anticipated list of the top 50 electrical contractors, ranked specifically by electricity and datacom revenue. Over the past decade, the top 50 players have managed to annually surpass their performance of the previous year (as a collective group), typically with an increase of at least $1 billion per year. Given the ramifications of the pandemic on the 2020 market, we expected this year to be an exception to that rule. However, the top 50 companies defied the odds, generating more than $34 billion in total electric revenue in 2020, beating the $33.1 billion recorded in 2019 and $28.8 billion in 2018.
Although total revenue exceeded expectations, not all markers were up in this year’s survey. For example, unlike previous years, the majority (53%) of Top 50 respondents rated their business climate as ‘fair’ instead of ‘strong’, up from 15% the previous year. The number of Top 50 companies that failed to meet revenue expectations in 2020 also rose 19 percentage points from a year ago.
This photo gallery provides an overview of the companies that made it into the Top 20, ranked in descending order and based on their 2020 electricity sales data. electricity, view the full 2021 Top 50 Electrical Contractors Special Report and List of top 50 rankingsavailable soon at www.ecmweb.com and featured in the September print issue.
The original research EC&M conducted to create the Top 50 article each year has become an invaluable resource for consultants, manufacturers and electrical design and contracting firms, making it a EC&M institution. To sign up to receive the survey for next year, contact Editor-in-Chief Ellen Parson at 816-560-6448 or [email protected]
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