Toth & Associates Achieves Top 40 Ranking Among National Electrical Design Firms
Toth & Associates Achieves Top 40 Ranking Among National Electrical Design Firms
TOTH was recently named one of Electrical Construction & Maintenance (EC&M)’s 2024 Top 40 Electrical Design Firms. TOTH is proud to have ranked 27th, reflecting their outstanding performance and commitment to their clients and employees. In 2023, TOTH experienced remarkable growth and success, achieving significant milestones that have contributed to their financial and industry success.
“2023 was our best year,” says Adam Toth, TOTH’s President. “I think it was a combination of two things: the pent-up demand from COVID and the federal dollars stacking on top of that. I believe that has led to the explosive growth in engineering in 2023.”
In 2023, TOTH’s revenue rose by 33.9%, while the team expanded significantly with the addition of 44 new employees, culminating in a total of 183 employees by the end of the year. This data was instrumental in determining the industry rankings by EC&M.
EC&M, a leading magazine and online resource for electrical professionals, compiled the 2024 report using revenue data and industry insights. The report underscores a notable 13% increase in revenue from 2022, with 2023 revenue totaling $4.447 billion. The power sector was highlighted as the third hottest market segment, following healthcare and education/institutions.
For more information, visit the Top 40 Electrical Design Firms Report.
About Toth and Associates, Inc.
Established in 2003, Toth and Associates, Inc. (TOTH) is a full-service consulting engineering firm specializing in electric utility engineering, structural engineering, civil engineering, land surveying, utility rate studies, and GIS/mapping. TOTH serves a wide range of clients, including but not limited to electric cooperatives, public and private utilities, municipalities, architects, and educational institutions across the country. Headquartered out of Springfield, MO, TOTH has additional offices in Portland and Hermiston, OR, Billings, MT, and Kennewick, WA.
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