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
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Pike Financials and Metrics

Summary Metrics

Founding Date


Pike Financials

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

Revenue (Q1, 2015)

212.2 m

Gross profit (Q1, 2015)

15.9 m

Gross profit margin (Q1, 2015), %


Net income (Q1, 2015)

(2.4 m)

EBIT (Q1, 2015)

(1.5 m)

Cash (30-Sep-2014)

24.7 m
USDFY, 2014


810.7 m


30.8 m

EBIT margin, %


Net Income

13.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015


193.3 m210.9 m207.6 m212.2 m

Cost of goods sold

173.4 m179.9 m181.3 m196.3 m

Gross profit

19.9 m30.9 m26.2 m15.9 m

Gross profit Margin, %

USDFY, 2014


989 k


12.4 m

Current Assets

213.1 m


177.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015


2.9 m2.4 m3.8 m24.7 m

Accounts Receivable

90.8 m96 m113 m95.8 m


16.7 m16.1 m14.7 m13.4 m

Current Assets

199.9 m206.4 m233.3 m243.9 m
USDFY, 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)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

959 k5.7 m2.8 m(2.4 m)
USDY, 2014


36.6 k

Financial Leverage

2.5 x
Show all financial metrics

Pike's Web-traffic and Trends

Pike Online and Social Media Presence

Pike News and Updates

Rare white Christmas in Seattle, Portland as 'thundersnow' hits Boston

People around the U.S. are waking up to a white Christmas.  Seattle and Portland — two cities that aren't exactly known for heavy snowfall this time of year — are both seeing a fair bit of snow on Monday.  Large swaths of the Midwest and Northeast also woke up to plenty of the white stuff coating …

The Wharf Turns Washington Into a Waterfront City

Even an established tourism city like Washington, D.C. needs new destinations. While the capital city's newest attraction has nothing to do with politics (thank goodness), it has everything to do with breaking down the walls between tourists and locals. -Laura Powell

Missing dog spotted on Mass. Pike reunited with owner

Indy, a 1-year-old Great Pyrenees mix, was found Thursday.

Bedat & Co and brand ambassador Carly Paoli support charity Christmas carol concert

Classical singer Carly Paoli, who released her debut album Singing My Dreams in the summer, is joining TV presenter Aled Jones for a charity Christmas Carol concert on December 4. The Ms Paoli is a brand ambassador luxury Swiss watchmaker Bedat & Co, which is also an official sponsor for the Chr…

Humpback whales have been enjoying their meals very close to Salisbury Beach

Humpback whales have been giving visitors to Salisbury Beach a show, rising above the waters just off the shore in pursuit of their next snack. The Daily News of Newburyport reports that the whales were first spotted close to shore on September 10. Humpbacks were also spotted near the shore in Seabr…

Police kindly request people stop calling 911 over this decapitated body

Apparently it's a little too early for Halloween decorations.  The sheriff's department in Greene County, Tennessee, posted an informative PSA to its Facebook page Wednesday, informing residents that the headless body located under the bloody garage on Chuckey Pike is not actually a dead body. SEE…
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Pike Company Life and Culture

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