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. 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 all odds, pulling in more than 34 billion in total electrical revenue in 2020, beating the $33.1 billion recorded in 2019 and the $28.8 billion mark from 2018.
2020 Electrical Revenue: $7.773 billion
Repeatable. Sustainable. Better. Quanta Services is the leading specialty contractor in North America ― providing fully integrated infrastructure solutions for the electric power, underground utility, 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 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 $12 billion in annual revenue and over 40,000 employees.