Twelve of ninety cells. That is how many times one of the eighteen largest electrical, power and cooling OEMs selling into US factories and datacenters publishes, in a form a buyer can open without an account, one of five things a buyer needs: a dated lead time by product, a list price, a backlog in dollars, a production capacity in units, or a delivery record. The other 78 cells are 16 Partials and 62 Noes. GE Vernova is the only company that scores 2 of 5. Ten score 1. Seven score 0, and one of those, Modine, has no Partial to soften it. This is version 0.1 of the Open Factory OEM Disclosure Scorecard, and this piece is the scorecard: the rule for every cell, the table, the five criteria one at a time with the document behind each cell, who started and who stopped disclosing since 2024, and behind the wall, what each Partial or No costs a buyer in practice and the exact disclosure that moves each OEM up one point.
Source: Open Factory OEM Disclosure Scorecard (compiled from OEM websites, earnings releases, 8-K, 10-Q and 10-K filings; as of September 2026)
Eighteen rows, five columns, 12 Yes cells: one for a lead-time schedule, none for list prices, ten for a dollar backlog, one for capacity in units, none for delivery performance.
What the Scorecard Measures
The scorecard measures disclosure, not product, not honesty and not intent, and every cell is a fact a reader can check by opening the document beside it. A vendor can score zero and ship excellent switchgear on time. A vendor can score two and be late on every transformer. The five criteria are the five things a sourcing manager asks for on the first call and rarely gets in writing, and the Lead-Time Monitor, the Book-to-Bill League Table and the Public Bid-Tab Price Book exist because the answers are mostly No.
The rule for each cell is fixed and printed with the data. Yes means the disclosure exists in public, is dated, and is at the product or segment level the criterion asks for. Partial means something exists but fails one of those tests: it is undated, it covers one product line, it appears only once a year or in one quarter, or it is quantified in a different measure, such as a percent instead of units or a group total instead of a segment. No means we found nothing in the documents we opened. A No is a statement about our search, not a proof of absence, which is why every company receives its row and its sources ten business days before publication and may reply in 200 words. Replies are printed verbatim, here and on the model page. The score is a count of Yes cells. Partials are counted next to it and not weighted, because any weight we chose would be an opinion and this is a compilation. The 90 cells with evidence, document, URL and date are in data/scorecard.csv.
The eighteen are Eaton, Schneider Electric, ABB, Siemens Energy, Siemens Smart Infrastructure, GE Vernova, Hitachi Energy, Powell, Vertiv, Generac, Caterpillar, Cummins, Trane, Carrier, Johnson Controls, nVent, Modine and Rockwell. Sixteen of them are in the Book-to-Bill League Table; Siemens Smart Infrastructure and Rockwell replace Hubbell and Atkore because the lead-time and price columns are about the gear a plant electrician orders, and those two make it.
The Table
| OEM | Lead-time schedule | List prices | Backlog in $ | Capacity in units | Delivery performance | Yes | Partial |
|---|---|---|---|---|---|---|---|
| GE Vernova | Partial | No | Yes | Yes | No | 2 | 1 |
| Caterpillar | No | No | Yes | Partial | No | 1 | 1 |
| Powell Industries | No | No | Yes | Partial | No | 1 | 1 |
| Schneider Electric | Yes | Partial | No | No | No | 1 | 1 |
| Siemens (Smart Infrastructure) | Partial | No | Yes | No | No | 1 | 1 |
| Siemens Energy | No | No | Yes | Partial | No | 1 | 1 |
| Trane Technologies | No | No | Yes | Partial | No | 1 | 1 |
| ABB | No | No | Yes | No | No | 1 | 0 |
| Eaton | No | No | Yes | No | No | 1 | 0 |
| Hitachi Energy | No | No | Yes | No | No | 1 | 0 |
| Johnson Controls | No | No | Yes | No | No | 1 | 0 |
| Generac | No | Partial | Partial | Partial | No | 0 | 3 |
| Vertiv | No | No | Partial | Partial | No | 0 | 2 |
| Carrier | No | No | No | Partial | No | 0 | 1 |
| Cummins | No | No | No | Partial | No | 0 | 1 |
| Rockwell Automation | No | No | Partial | No | No | 0 | 1 |
| nVent | No | No | Partial | No | No | 0 | 1 |
| Modine | No | No | No | No | No | 0 | 0 |
Data: data/01-scorecard-table.csv and the cell-level data/scorecard.csv (90 rows, one URL per row).
Source: Open Factory OEM Disclosure Scorecard
GE Vernova reaches 2 Yes plus 1 Partial; six OEMs sit at 1 plus 1; four at 1 plus 0; Generac has 3 Partials and no Yes; Modine has nothing in either column.
Source: Open Factory OEM Disclosure Scorecard
CSV: data/03-criterion-counts.csv
By criterion: lead time 1 Yes, 2 Partial, 15 No; list prices 0, 2, 16; backlog 10, 4, 4; capacity 1, 8, 9; delivery 0, 0, 18.
The distribution says something about what disclosure is for. The ten Yes cells in the backlog column exist because investors ask for backlog, and the eight OEMs with a Partial in the capacity column exist because investors ask whether capex is landing. Nobody with a purchase order to place is asking on an earnings call, so the two columns a buyer would rank first, a dated lead time and a delivery record, hold one Yes between them. The scorecard is, in effect, a map of who the OEM thinks it is reporting to, and in 89 of 90 cells the answer is not the buyer.
Lead Times: One Guide, One Letter, One PDF From 2018
Schneider Electric is the only OEM in the set with a Yes in the first column. Its Lead Times Guide is a PDF published on or about the second of every month; the September 2026 edition, published September 2, has 124 product rows, 104 of them with a made-to-order lead time, counted from release to manufacturing, with LV switchgear at 50 weeks and a disclaimer that the figures are “for informational purposes only and should not be relied upon for actual orders”. The Lead-Time Monitor parses every edition, and the launch piece walks through its thirteen families. It is the only OEM-published schedule in the United States for the gear this scorecard covers, and it has been for the whole period we have checked.
Source: Open Factory OEM Disclosure Scorecard (compiled from OEM lead-time pages; as of September 2026)
CSV: data/04-lead-time-publishers.csv
Schneider’s newest figure is 0 months old, Siemens’ is 52 months old, GE Vernova’s is 98 months old, Rockwell’s page has no figure to date, and fourteen OEMs publish nothing.
Siemens Smart Infrastructure gets a Partial, and the reason is a date. The CompAS “Lead Time Adjustments” page that the trade press and the VAWN index cite for LV switchgear at 54 weeks, switchboards at 32 to 41 and busduct at 27 carries no date, and the letter behind it is dated April 25, 2022, addressed to distributors, and written for “all orders not released by May 9th 2022”. A product-level figure that is four years old and undated on the page it is served from is a Partial by our rule. Siemens can move to Yes by putting a month on the page and refreshing it, which is the cheapest point available to anyone in this table.
GE Vernova’s Partial is stranger. A site search on gevernova.com for “lead time” returns one dated, product-level document: “GE Lentronics Lead Times and Expediting Orders”, July 2018, for grid communications multiplexers. It is exactly the form the criterion asks for, applied to the one product family in the GE Vernova portfolio that nobody in this readership is waiting on. For gas turbines the company discloses slot reservation agreements in gigawatts, which is a queue, not a schedule, and for transformers and switchgear nothing. We score what exists, so the cell is Partial, and it is the clearest illustration in the table of how narrowly a disclosure can satisfy a rule.
Rockwell is the No that reads as a Yes on a search engine. Its supply-chain page says some product lines are “returning to pre-pandemic lead times”, others “remain constrained”, lists actions taken, and tells buyers to work with your distributor for “any necessary lead time information”. A page about lead times with no lead time on it is a No, and the ControlLogix piece is what that costs a panel shop. The remaining fourteen publish nothing we could find on their sites; the right-of-reply letters invite each to point to a page, and the cell will change if one exists.
What the fourteen Noes mean for a buyer is that the only current numbers for the longest lead times come from third parties: Wood Mackenzie’s survey put power transformers at 128 weeks and GSUs at 143 in Q2 2025, and a general contractor’s slot data put MV switchgear at 52 to 104 weeks by voltage class in June 2026 against roughly 24 before 2020. The Lead-Time-Adjusted Schedule uses those figures because the OEMs give it nothing else; the transformer piece and the switchgear piece are the long versions.
List Prices: Two Partials and a Share Price
No OEM in the set publishes a list price for switchgear, a transformer, a genset above residential size, a chiller or a UPS. That is the whole column: sixteen Noes and two Partials.
Schneider’s Partial comes from the fact that se.com does print a price on some pages. The QO120CP page, a 20 A plug-in residential breaker sold as a consumer pack, shows 29.10 USD and “Normally stocked in distribution facility”. The PowerPact HDL36100, a 100 A three-pole industrial breaker on the same site, shows no price, and no switchgear, switchboard or UPS page does either. Generac’s Partial is the same shape at a different scale: its residential standby generators carry “Starting at” prices from $3,769 to $6,769 for 10 to 26 kW units, and its C&I and data center gensets carry none. Both are real prices, dated by the page, for the smallest things each company sells.
Rockwell deserves a note because a reader who opens a product page will see a dollar figure. The 1756-L83E page shows “$426.08” in the header, and it is the ROK share price, not the controller’s price, which needs a distributor login. Vertiv’s how-to-buy page routes to partners; ABB’s and Siemens’ prices sit behind eShop and Industry Mall logins; Caterpillar and Cummins quote through dealers. For contrast, in the adjacent machine-tool set, Haas publishes a full price list with a VF-2 at $70,995, and the Haas TCO piece is only possible because of it. Nothing like it exists for a 15 kV switchgear section, which is why the Public Bid-Tab Price Book is built from public procurement awards instead, and why the Equipment Price Benchmark launches as a contribution form.
Backlog: Ten Yes, and Where the Dollar Figure Hides
Backlog is the one column where disclosure is the norm: ten Yes, four Partial, four No, and the interesting part is which document the number is in. Eight OEMs print a segment or company backlog in dollars every quarter in the release or the analyst deck: Powell ($2.4 billion at June 30, 2026), Trane ($12.1 billion), Johnson Controls ($21.0 billion for Solutions and Services), GE Vernova Electrification ($40.6 billion), ABB Electrification ($13,676 million), Siemens Energy Grid Technologies (EUR 51 billion), Hitachi Energy (10.3 trillion yen) and Siemens Smart Infrastructure, whose Q3 FY2026 analyst slide reads “Record backlog of EUR 23.7bn” with a book-to-bill of 1.25. The Book-to-Bill League Table ranks these each quarter.
Source: Open Factory OEM Disclosure Scorecard
CSV: data/06-backlog-location.csv
Eight print quarterly, two print only in the 10-Q, two only in the 10-K, two for one product line or one quarter, and four print no dollar figure in any document we opened.
The two 10-Q cases are the correction this scorecard makes to our own earlier work. Eaton’s earnings release prints percentages only, Electrical backlog up 43%, and the Book-to-Bill League Table recorded Eaton as a non-discloser. Eaton’s 10-Q for the same quarter, in the revenue note, says “total backlog at June 30, 2026 was approximately $24.1 billion”, with 71% targeted for delivery within twelve months, and its 10-K gives Electrical Americas backlog of $13,246 million at December 31, 2025. Eaton scores Yes. Caterpillar is the same pattern: its release did not mention backlog until October 2025, but every 10-Q has, and the June 30, 2026 filing shows $72.1 billion, with $29.2 billion beyond twelve months. A buyer who reads releases and not filings would miss both, and the genset piece leans on the Caterpillar figure for a reason.
The Partials are Partials for four different reasons. Rockwell prints a backlog once a year: $2,878 million at September 30, 2025 in the 10-K, by segment, and nothing in any quarterly release or 10-Q. Vertiv printed $15.0 billion at December 31, 2025 in its 10-K and in its February release, and then nothing: the Q1 and Q2 2026 releases and 10-Qs carry no orders or backlog figure, which is the subject of the Vertiv piece. nVent printed $2.6 billion in its Q1 2026 release, dropped the figure in Q2, and leaves a reader to find $2,349.9 million by segment in the 10-K and $2.5 billion of remaining performance obligations in the 10-Q. Generac gives a dollar figure for one product line only, approximately $1.6 billion of data center backlog as of July 29, 2026, and no company or C&I figure anywhere.
The four Noes have said so in writing. Cummins’ 10-K Backlog section explains that open orders “are historically subject to month-to-month releases and are subject to cancellation on reasonable notice without cancellation charges and therefore are not considered firm”, and offers instead “strong demand for our data center products extending out six to eight quarters”; its CEO told the February call “we do not quantify the size of our back order”. Carrier prints orders growth, about 40% in total and more than 300% for data centers, and no backlog in release, 10-Q or 10-K. Modine says “significant order book”, and its 10-K Backlog of Orders section describes how segments manage production without giving a number. Schneider’s H1 2026 release says “a record backlog” with no figure and its Q1 2026 revenues release does not use the word. One flag on that last cell: a third-party index cites a Schneider Energy Management backlog of EUR 21.3 billion “as of FY2025” that we could not find in any Schneider document we opened, and we could not locate the full-year 2025 results release on se.com; Schneider’s reply letter asks for the document, and the cell moves to Partial if it exists.
Who Started and Who Stopped Since 2024
Source: Open Factory OEM Disclosure Scorecard (compiled from 8-K exhibits on sec.gov; as of September 2026)
CSV: data/05-backlog-disclosure-timeline.csv
Vertiv printed a dollar backlog in five of the ten quarterly releases from Q1 2024 to Q2 2026, GE Vernova’s Electrification segment in four, nVent in one, Generac in one, and Caterpillar’s release in four while its 10-Q printed one in all ten.
Vertiv’s row is the reason the criterion exists. Its Q1 2024 release headlined a “record high $6.3 billion backlog”. The Q2, Q3 and Q4 2024 releases printed book-to-bill ratios and no backlog dollar. The figure returned for four quarters, $7.9 billion, $8.5 billion, $9.5 billion and $15.0 billion with a book-to-bill of about 2.9, and then the April 22, 2026 release carried no orders or backlog figure at all, and neither has anything since. What a buyer has instead is the balance sheet: deferred revenue of $3,633.7 million at June 30, 2026 against $1,814.7 million six months earlier, which is customer deposits, which is a queue with money in it.
GE Vernova went the other way. Its Q2 2024 release said Electrification backlog “grew 35% year-over-year” and gave no dollar; the segment dollar figure first appeared in the October 2025 release as “approximately $26 billion” and has printed every quarter since, $30.5 billion, $38.6 billion, $40.6 billion. nVent printed once and stopped; Generac started in July 2026 with a product-line figure. Four of the eighteen rows changed their release-level backlog practice in ten quarters, and three of the four changes were toward less or narrower disclosure at the moment their backlogs were growing fastest. The slot economy piece is about what buyers do when the queue is invisible.
Capacity: One Number in Gigawatts, Eight in Percent
The capacity criterion asks for the one number that would let a buyer estimate when a queue shortens: output per year in units or MVA. One OEM gives it, eight give a percent or a multiple, and nine give dollars and jobs.
GE Vernova is the Yes, and it is for gas turbines, not for the transformers and switchgear its Electrification segment sells. The Q2 2026 release says the company is “on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028”, with actions underway to produce 30 GW in 2030, against gas equipment backlog and slot reservations that went from 100 to 116 GW in the quarter. A buyer can divide one by the other. Nobody else in the table lets a buyer do that.
Siemens Energy nearly does. The Charlotte large power transformer plant will make 24 units a year at the start and 57 at full capacity, and repair 12 rising to 24, but those figures appear in Manufacturing Dive and Carolina Public Press quoting Siemens Energy, and not in the February 2024 release or the February 2026 $1 billion release, which give dollars, jobs and “first transformers set to be manufactured in early 2026”. Units told to a reporter are a Partial; units in the release would be a Yes, and Siemens Energy already has the numbers.
The other seven Partials are the earnings-call form of the same information. Caterpillar will “triple its large reciprocating engine capacity from 2024 levels”, per its CEO on the Q1 2026 call as reported by Manufacturing Dive. Cummins “completed the doubling of our capacity of the 95-liter engine and genset” in 2025. Trane has “expanded our applied capacity 4x over the last 3 years”. Carrier raised Charlotte output “by about 50%” and can “more than double” North American output with a new plant, per its CEO as reported by Facilities Dive. Vertiv expects to “double chiller production capacity” in Italy by the end of 2026. Generac put its data center genset capacity at more than $1 billion of annual output by Q4 2026 on its Q1 2026 call. Powell’s 10-K gives 335,000 square feet of added laydown area, a 62% increase. Each is a real quantity and none has a base a buyer can see, so none converts to units of anything. The chiller piece works through what “4x” and “double” mean against a $12.1 billion backlog.
The nine Noes are announcements in dollars and headcount. Hitachi Energy’s South Boston plant is $457 million and 825 jobs and “the nation’s largest facility” for large power transformers, with no unit count. Eaton’s Jonesville plant is $340 million and 700 jobs, as reported by Utility Dive. Schneider’s US plan is $700 million, eight sites and 1,000 jobs to “increase production of switchgear”. ABB’s is $200 million for medium voltage in Europe. Siemens’ Fort Worth plant is $190 million, 500,000 square feet and 800 jobs. Johnson Controls, nVent, Modine and Rockwell describe expansion without a quantity. The Transformer Sizing and Cost tool and the Datacenter MEP Cost Table carry the Wood Mackenzie deficit estimates because the OEMs’ own announcements cannot be summed into MVA.
Delivery Performance: Eighteen Noes
No OEM in the set publishes on-time delivery, shipped-versus-quoted lead time, or any measure of whether the date on the order acknowledgement was the date the truck arrived. A full-text search of every SEC filing since January 2024 for “on-time delivery” across the thirteen US filers in the set returns a metric from none of them. GE Vernova’s fifteen hits are the accounting note that some contracts carry “liquidated damages related to milestones established for on-time delivery”. Johnson Controls’ two are a risk factor that failure on “on-time delivery could damage our reputation”. Eaton’s 2023 annual report promises to “improve on-time delivery to our customers” without saying from what to what. Rockwell’s page has a heading, “Delivery Date Reliability”, and no number under it. The non-US filers’ releases and presentations do not use the phrase.
This is the column that version 1 of the scorecard fills from the buyer’s side. The distributor and EPC panel behind the Lead-Time Monitor will report quoted versus delivered weeks by OEM and class, printed only from cells that meet the methodology’s size rules, and every OEM sees its number before it runs. Until then the column is an honest row of Noes, and the liquidated damages piece is how buyers price the silence today.
What to Do Monday
Three actions follow from the table, and none needs a subscription.
First, read the 10-Q, not the release. Two of the ten dollar backlogs in this table, Eaton’s $24.1 billion and Caterpillar’s $72.1 billion, are in the revenue note of the quarterly filing and nowhere in the press release, and the Book-to-Bill League Table now pulls from both. If a vendor’s release prints a percent, the filing may print the dollar.
Second, write the five criteria into the RFQ. Ask, in the request, for the vendor’s current published lead time for the product family with the document date, the list price the quote discounts from, and its on-time delivery rate over the last four quarters for that family. A vendor that will not answer in writing has told you its cell, and the RFQ template piece has the clause. Run the quote through Quote Check against the Bid-Tab bands and the Monitor’s published weeks before you sign.
Third, treat Schneider’s guide as the reference lead time for LV gear regardless of whose gear you are buying, because it is the only dated one. When an Eaton or Siemens or ABB distributor quotes 40 weeks on a switchboard, Schneider’s September 2026 guide at 18 to 34 weeks by frame is the number to hold up, and the Lead-Time Monitor will have the October edition on the first business day of the month.
Behind the paywall: eighteen entries, one per OEM, on what each Partial and No costs a buyer at the point of purchase, in weeks, deposits and change orders, and the single disclosure that moves each OEM up one point at the next filing season. The OEM Disclosure Scorecard counts 12 Yes cells of 90 today; the paid section names the twenty cheapest cells to flip.