Pike is one of the largest third-party providers of outsourced electric distribution and transmission services in the United States. Their core activities consist of the maintenance, upgrade and extension of electric distribution and sub-500 kilovolt, or kV, transmission powerlines for more than 150 electric utilities, cooperatives and municipalities. They service a contiguous 19-state region that stretches from Pennsylvania in the north to Florida in the southeast and to Texas in the southwest.

Historically, their growth has been almost entirely organic, driven by the steady addition of new customers and the further expansion of existing customer relationships. Through their fiscal year ended June 30, 2004, their revenues grew at a ten-year compounded annual growth rate, or CAGR, of 10.6%, almost exclusively on an organic basis. On July 1, 2004, they acquired Red Simpson, which significantly expanded their service territory and operating scale and added multiple long-term customer relationships. For the year ended June 30, 2004, their pro forma revenues, after giving effect to the Red Simpson acquisition, were $552.5 million.

Mount Airy, US
Size (employees)
5,800 (est)
Pike was founded in 1945 and is headquartered in Mount Airy, US

Pike Office Locations

Pike has an office in Mount Airy
Mount Airy, US (HQ)
100 Pike Way

Pike Data and Metrics

Pike Financial Metrics

Pike's revenue was reported to be $810.7 m in FY, 2014
Numbers are in $, USD

Revenue (FY, 2014)

810.7 m

Gross profit (FY, 2014)

103.7 m

Gross profit margin (FY, 2014), %


Net income (FY, 2014)

13.7 m

EBIT (FY, 2014)

30.8 m

Cash (30-Jun-2014)

989 k
FY, 2014


810.7 m

Gross profit

103.7 m

Gross profit Margin, %



30.8 m

EBIT margin, %


Net Income

13.7 m
FY, 2014


989 k


12.4 m

Current Assets

213.1 m


177.7 m


153.7 m

Total Assets

616.2 m

Accounts Payable

35 m

Current Liabilities

88.3 m

Additional Paid-in Capital

180.3 m

Retained Earnings

72.1 m

Total Equity

258.7 m

Financial Leverage

2.4 x
FY, 2014

Net Income

13.7 m

Depreciation and Amortization

39.5 m

Cash From Operating Activities

48.9 m

Purchases of PP&E

(32.2 m)

Cash From Investing Activities

(26.5 m)

Cash From Financing Activities

(24 m)
Y, 2014

Financial Leverage

2.4 x

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