Again this year, a collection of the nation’s largest and most influential electrical contractors showed that it’s possible to grow revenue, despite ongoing industry challenges such as rising material prices, long lead time on equipment, supply chain struggles, skilled labor shortages, and delivery delays.
The contractors who make up the 2024 EC&M Top 50 by self-reported prior year electrical and voice/data/video revenues brought in a record $51.737 billion in revenue in 2023 (the year in which 2024 rankings are based), up nearly 18% from the $43.888 billion reported in 2022 by the 2023 EC&M Top 50.