Research · refreshed nightly · July 28, 2026
Top Power Grid and Electrification Companies (July 2026)
The electrification supply chain.
Electricity demand is rising for the first time in a generation, and the top power grid and electrification companies, 16 in all, are mostly unglamorous names in switchgear, substations, and contracting. The leader is Germany's PFISTERER, a $1.4B company posting 334% revenue growth and an MGI of 67. Behind it sit $33B EMCOR and $82B Quanta Services, the contractors doing the physical work.
The group's median MGI of 56 belongs to businesses winning real contracts rather than telling stories; most carry the scale-economics profile, where margins are modest and volume does the compounding. The tail runs small: Norway's Zaptec at $256M and Sweden's AQ Group at $2.1B ride the same buildout. Click any name for the full citation-backed analysis.
50companies qualify
51.5median MGI
10joined this week
The ranking
Sorted by MGI
1
Plejd ABPLEJD.SE🇸🇪
Revenue +28%/yr · +27%/yr per share · asset light
G 75V 69O 81Cap $835.1M
MGI
75
MVI
69
MTI
35
MOI
81
Cap
$835.1M
Growth
+28%2
STIF S.A.ALSTI.FR🇫🇷
Revenue +42%/yr · -73%/yr per share · asset light
G 68V 61O 71Cap $309.8M
MGI
68
MVI
61
MTI
38
MOI
71
Cap
$309.8M
Growth
+48%3
PFISTERER Holding SEPFSE.DE🇩🇪
Revenue +334%/yr · +307%/yr per share · scale economics
G 67V 62O 71Cap $1.5B
MGI
67
MVI
62
MTI
38
MOI
71
Cap
$1.5B
Growth
+27%4
Arteche Lantegi Elkartea, S.A.ART.ES🇪🇸
Revenue +14%/yr · +12%/yr per share · asset light
G 67V 55O 68Cap $1.7B
MGI
67
MVI
55
MTI
40
MOI
68
Cap
$1.7B
Growth
+12%5
IES Holdings, Inc.IESC🇺🇸
Revenue +16%/yr · +18%/yr per share · scale economics
G 65V 57O 67Cap $10.8B
MGI
65
MVI
57
MTI
44
MOI
67
Cap
$10.8B
Growth
+17%6
Willdan Group, Inc.WLDN🇺🇸
Revenue +14%/yr · +10%/yr per share · scale economics
G 65V 57O 68Cap $1.1B
MGI
65
MVI
57
MTI
45
MOI
68
Cap
$1.1B
Growth
+2%7
Addtech ABADDT.B.SE🇸🇪
Revenue +12%/yr · +12%/yr per share · scale economics
G 65O 65Cap $9.3B
MGI
65
MTI
38
MOI
65
Cap
$9.3B
Growth
+7%8
Friedrich Vorwerk Group SEVH2.DE🇩🇪
Revenue +21%/yr · +20%/yr per share · asset light
G 65V 69O 72Cap $1.6B
MGI
65
MVI
69
MTI
37
MOI
72
Cap
$1.6B
Growth
+5%9
Carel Industries S.p.A.CRL.IT🇮🇹
Revenue +9%/yr · -3%/yr per share · asset light
G 65V 60O 69Cap $3.0B
MGI
65
MVI
60
MTI
42
MOI
69
Cap
$3.0B
Growth
+9%10
EMCOR Group, Inc.EME🇺🇸
Revenue +12%/yr · +17%/yr per share · scale economics
G 62V 59O 67Cap $32.9B
MGI
62
MVI
59
MTI
42
MOI
67
Cap
$32.9B
Growth
+20%11
5N Plus Inc.VNP.CA🇨🇦
Revenue +15%/yr · +13%/yr per share · scale economics
G 61V 46O 60Cap $2.5B
MGI
61
MVI
46
MTI
40
MOI
60
Cap
$2.5B
Growth
+66%12
Foresight Group Holdings LimitedFSG.GB🇬🇧
Revenue +15%/yr · +14%/yr per share · asset light
G 61V 66O 65Cap $615.6M
MGI
61
MVI
66
MTI
46
MOI
65
Cap
$615.6M
Growth
+11%13
First Solar, Inc.FSLR🇺🇸
Revenue +13%/yr · +13%/yr per share · scale economics
G 60V 59O 64Cap $21.7B
MGI
60
MVI
59
MTI
62
MOI
64
Cap
$21.7B
Growth
+24%14
Argan, Inc.AGX🇺🇸
Revenue +16%/yr · +19%/yr per share · scale economics
G 60V 52O 61Cap $8.5B
MGI
60
MVI
52
MTI
50
MOI
61
Cap
$8.5B
Growth
+50%15
Hesai GroupHSAI🇨🇳
Revenue +35%/yr · +25%/yr per share · scale economics
G 60V 65O 63Cap $313.9M
MGI
60
MVI
65
MTI
58
MOI
63
Cap
$313.9M
Growth
+30%16
Powell Industries, Inc.POWL🇺🇸
Revenue +19%/yr · +18%/yr per share · scale economics
G 59V 57O 61Cap $7.3B
MGI
59
MVI
57
MTI
50
MOI
61
Cap
$7.3B
Growth
+7%17
NKT A/SNKT.DK🇩🇰
Revenue +14%/yr · +8%/yr per share · scale economics
G 59V 23O 39Cap $50.8B
MGI
59
MVI
23
MTI
42
MOI
39
Cap
$50.8B
Growth
+3%18
Zaptec ASAZAP.NO🇳🇴
Revenue +20%/yr · +17%/yr per share · scale economics
G 58V 80O 66Cap $235.6M
MGI
58
MVI
80
MTI
47
MOI
66
Cap
$235.6M
Growth
+40%19
Everus Construction Group, Inc.ECG🇺🇸
Revenue +14%/yr · +14%/yr per share · scale economics
G 57V 56O 59Cap $6.3B
MGI
57
MVI
56
MTI
43
MOI
59
Cap
$6.3B
Growth
+25%20
AT
Atrem S.A.ATR.PL🇵🇱
Revenue +24%/yr · +1%/yr per share · scale economics
G 57V 66O 61Cap $116.4M
MGI
57
MVI
66
MTI
45
MOI
61
Cap
$116.4M
Growth
+24%21
R&S Group Holding AGRSGN.CH🇨🇭
Revenue +38%/yr · +27%/yr per share · scale economics
G 56V 64O 60Cap $819.2M
MGI
56
MVI
64
MTI
43
MOI
60
Cap
$819.2M
Growth
+47%22
Quanta Services, Inc.PWR🇺🇸
Revenue +18%/yr · +17%/yr per share · scale economics
G 55V 50O 55Cap $87.7B
MGI
55
MVI
50
MTI
37
MOI
55
Cap
$87.7B
Growth
+26%23
American Superconductor CorporationAMSC🇺🇸
Revenue +24%/yr · +13%/yr per share · scale economics
G 54V 49O 54Cap $1.5B
MGI
54
MVI
49
MTI
50
MOI
54
Cap
$1.5B
Growth
+30%24
Volex plcVLX.GB🇬🇧
Revenue +17%/yr · +14%/yr per share · scale economics
G 53V 58O 55Cap $1.3B
MGI
53
MVI
58
MTI
45
MOI
55
Cap
$1.3B
Growth
+14%25
nVent Electric plcNVT🇺🇸
Revenue +19%/yr · +20%/yr per share · scale economics
G 52V 53O 53Cap $21.6B
MGI
52
MVI
53
MTI
43
MOI
53
Cap
$21.6B
Growth
+54%26
Blue Bird Corp.BLBD🇺🇸
Revenue +17%/yr · +13%/yr per share · scale economics
G 51V 61O 56Cap $2.1B
MGI
51
MVI
61
MTI
44
MOI
56
Cap
$2.1B
Growth
-2%27
EnergyVision NVENRGY.BE🇧🇪
Revenue +21%/yr · +13%/yr per share · scale economics
G 51V 54O 52Cap $894.1M
MGI
51
MVI
54
MTI
40
MOI
52
Cap
$894.1M
Growth
+74%28
Supreme PLCSUP.GB🇬🇧
Revenue +16%/yr · +16%/yr per share · scale economics
G 50V 67O 54Cap $203.7M
MGI
50
MVI
67
MTI
60
MOI
54
Cap
$203.7M
Growth
+4%29
EL
Elektrotim S.A.ELT.PL🇵🇱
Revenue +16%/yr · +16%/yr per share · scale economics
G 50V 63O 53Cap $126M
MGI
50
MVI
63
MTI
42
MOI
53
Cap
$126M
Growth
+16%30
Gérard Perrier Industrie S.A.PERR.FR🇫🇷
Revenue +11%/yr · +10%/yr per share · asset light
G 49V 57O 50Cap $348.3M
MGI
49
MVI
57
MTI
42
MOI
50
Cap
$348.3M
Growth
+1%31
China Automotive Systems, Inc.CAAS🇨🇳
Revenue +13%/yr · +14%/yr per share · scale economics
G 49V 76O 55Cap $130M
MGI
49
MVI
76
MTI
56
MOI
55
Cap
$130M
Growth
+21%32
Hammond Power Solutions Inc.HPS.A.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 48V 53O 48Cap $2.3B
MGI
48
MVI
53
MTI
47
MOI
48
Cap
$2.3B
Growth
+27%33
FW Thorpe PlcTFW.GB🇬🇧
Revenue +9%/yr · +9%/yr per share · asset light
G 48V 57O 49Cap $415.2M
MGI
48
MVI
57
MTI
42
MOI
49
Cap
$415.2M
Growth
0%34
Redelfi S.p.A.RDF.IT🇮🇹
Revenue +188%/yr · +157%/yr per share · asset light
G 47V 56O 48Cap $168.8M
MGI
47
MVI
56
MTI
57
MOI
48
Cap
$168.8M
Growth
+22%35
NIO Inc.NIO🇨🇳
Revenue +23%/yr · +13%/yr per share · scale economics
G 43V 54O 44Cap $11.6B
MGI
43
MVI
54
MTI
62
MOI
44
Cap
$11.6B
Growth
+23%36
Li Auto Inc.LI🇨🇳
Revenue +32%/yr · +29%/yr per share · scale economics
G 43V 57O 44Cap $13.1B
MGI
43
MVI
57
MTI
65
MOI
44
Cap
$13.1B
Growth
-11%37
Electrovaya Inc.ELVA🇨🇦
Revenue +47%/yr · +34%/yr per share · scale economics
G 42V 48O 42Cap $476.1M
MGI
42
MVI
48
MTI
54
MOI
42
Cap
$476.1M
Growth
+47%38
Midsummer AB (publ)MIDS.SE🇸🇪
Revenue +20%/yr · -19%/yr per share · scale economics
G 42V 69O 45Cap $65.5M
MGI
42
MVI
69
MTI
52
MOI
45
Cap
$65.5M
Growth
+910%39
eVISO S.p.A.EVISO.IT🇮🇹
Revenue +42%/yr · +40%/yr per share · scale economics
G 42V 63O 44Cap $173.9M
MGI
42
MVI
63
MTI
52
MOI
44
Cap
$173.9M
Growth
0%40
Amprius Technologies, Inc.AMPX🇺🇸
Revenue +101%/yr · +75%/yr per share · scale economics
G 41V 49O 41Cap $1.4B
MGI
41
MVI
49
MTI
52
MOI
41
Cap
$1.4B
Growth
+185%41
Aker Solutions ASAAKSO.NO🇳🇴
Revenue +15%/yr · +16%/yr per share · scale economics
G 40V 72O 44Cap $1.6B
MGI
40
MVI
72
MTI
58
MOI
44
Cap
$1.6B
Growth
+177%42
Cloudberry Clean Energy ASACLOUD.NO🇳🇴
Revenue +73%/yr · +78%/yr per share · asset light
G 40V 55O 41Cap $419.7M
MGI
40
MVI
55
MTI
55
MOI
41
Cap
$419.7M
Growth
+65%43
Terna S.p.A.TRN.IT🇮🇹
Revenue +10%/yr · +10%/yr per share · asset light
G 40V 66O 46Cap $22.0B
MGI
40
MVI
66
MTI
22
MOI
46
Cap
$22.0B
Growth
-1%44
XPeng Inc.XPEV🇨🇳
Revenue +29%/yr · +25%/yr per share · scale economics
G 39V 62O 41Cap $12.2B
MGI
39
MVI
62
MTI
65
MOI
41
Cap
$12.2B
Growth
-18%45
Cadeler A/SCDLR🇩🇰
Revenue +62%/yr · +33%/yr per share · asset light
G 38V 62O 41Cap $2.3B
MGI
38
MVI
62
MTI
55
MOI
41
Cap
$2.3B
Growth
+91%46
VGP NVVGP.BE🇧🇪
Revenue +39%/yr · +30%/yr per share · asset light
G 38V 50O 38Cap $3.0B
MGI
38
MVI
50
MTI
50
MOI
38
Cap
$3.0B
Growth
+39%47
La Française de l'Énergie S.A.FDE.FR🇫🇷
Revenue +33%/yr · +32%/yr per share · asset light
G 37V 67O 40Cap $178.3M
MGI
37
MVI
67
MTI
42
MOI
40
Cap
$178.3M
Growth
-20%48
Burkhalter Holding AGBRKN.CH🇨🇭
Revenue +19%/yr · +6%/yr per share · asset light
G 37V 54O 38Cap $1.8B
MGI
37
MVI
54
MTI
40
MOI
38
Cap
$1.8B
Growth
+19%
Changed this week
Week over week, from the nightly refresh.
Entered
Sif Holding N.V. (SIFG.NL) · joined at #50 · Revenue +12%/yr · +9%/yr per share · asset light
EnteredRedelfi S.p.A. (RDF.IT) · joined at #34 · Revenue +188%/yr · +157%/yr per share · asset light
EnteredLa Française de l'Énergie S.A. (FDE.FR) · joined at #47 · Revenue +33%/yr · +32%/yr per share · asset light
EnteredFW Thorpe Plc (TFW.GB) · joined at #33 · Revenue +9%/yr · +9%/yr per share · asset light
EnteredMidsummer AB (publ) (MIDS.SE) · joined at #38 · Revenue +20%/yr · -19%/yr per share · scale economics
+5 more
PRIM, MTZ, NEE, NVT, BRKN.CH also joined
Left
ENO.ES, EKT.DE, PRIM, HNRG, MTZ, NEE, AQ.SE, BMI, MTZ, NEE
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.