August 10, 2020
Quanta Services Ranks #1 on EC&M’s 2020 Top 20 Electrical Contractor’s List
Every fall, the staff of EC&M unveils its highly anticipated Top 50 electrical contractors list, ranked specifically by electrical and datacom revenue.
For the past decade, Top 50 players have managed to top their previous year’s performances each year (as a collective group), typically with an increase of at least $1 billion per year. This year was no exception, with the Top 50 companies pulling in $33.1 billion in total electrical revenue in 2019, beating the $28.8 billion mark from 2018. Although most of the individual companies experienced year-over-year gains, the future is a little more uncertain than usual, considering the ongoing effects and possible long-term ramifications of the COVID-19 pandemic on business. One sign of this uncertainty is the fact that 44% of respondents to our annual survey indicated they did not expect to reach their anticipated sales goal for 2020, which was a vast deviation from past years.
No. 1 — Quanta Services
2019 Electrical Revenue: $7.1 billion
Repeatable. Sustainable. Better. Quanta Services is the leading specialty contractor in North America — providing fully integrated infrastructure solutions for the utility, pipeline, energy, and communications industries. With the largest and most highly trained craft-skilled workforce, a best-in-class safety program, and unparalleled project execution, Quanta is able to address the needs of any project, anywhere, anytime. We self-perform more than 85% of our work, collaborating with our customers to provide cost certainty and safe execution. Bringing together our operating companies across North America, Latin America and Australia, we offer turnkey project management services — from engineering to procurement to construction and everything in between. This ensures a seamless process for our customers, from conception to closeout. Through our unmatched scope, we consistently provide local attention to detail backed by the resources of a Fortune 200 company with more than $11 billion in annual revenue and 40,000 employees.