EMCOR Group, Inc.

EMCOR Group, Inc.

639.25
USD
-68.18
(-9.64%)
34.62EPS
21.73P/E
33.19BMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
94.41
96.86
107
124.26
129.73
139.91
163.23
159.38
183.17
221.82
265.69
312.47
377.63
446.28
Basic EPS, GAAP
1.85
2.54
2.74
2.99
3.83
4.88
5.78
2.41
7.09
8.13
13.37
21.61
28.3
34.73
Free Cash Flow per Basic Share
1.71
3.15
3.68
3.67
5.59
3.92
5.47
13.74
5.23
8.99
17.34
28.59
26.44
33.34
Dividend per Share
0.18
0.32
0.32
0.32
0.32
0.32
0.32
0.32
0.52
0.54
0.69
0.93
1
1.45
Book Value per Share
21.92
22.48
24.18
25.64
28.46
31.09
36.59
37.49
42.26
41.4
52.5
64.13
82.52
97.2
Tangible Book Value per Share
1.34
1.27
2.63
1.17
3.63
4.67
6.79
11.29
14.5
9.66
19.71
27.75
25.89
25.52
Basic Weighted Avg Shares
67
66
63
61
59
58
56
55
54
50
47
47
45
44
Sales/Revenue/Turnover
6,334
6,425
6,719
7,552
7,687
8,131
9,175
8,797
9,904
11,076
12,583
14,566
16,986
19,838
Operating Margin (%)
3.81
4.37
4.29
4.12
5.05
5
5.04
5.59
5.36
5.1
6.98
9.23
9.23
9.88
Depreciation Expense
67
74
74
80
89
81
92
107
112
109
119
134
186
214
Net Income, GAAP
124
169
172
182
227
284
325
133
384
406
633
1,007
1,273
1,544
Effective Tax Rate (%)
35.36
36.76
38.11
37.5
28.45
27.62
27.89
47.31
27.51
27.32
27.44
26.88
26.07
26.11
Profit Margin (%)
1.95
2.63
2.56
2.41
2.96
3.49
3.54
1.51
3.87
3.67
5.03
6.91
7.49
7.78
Working Capital
631
603
654
657
634
652
721
958
1,029
708
929
1,235
1,072
1,025
LT Debt
335
316
298
408
295
280
499
465
466
452
262
262
369
450
Total Equity
1,480
1,429
1,480
1,538
1,674
1,741
2,058
2,053
2,253
1,974
2,471
2,939
3,675
4,277
Return on Invested Capital (%)
9.35
10.25
10.04
10.28
12.02
14.63
14.34
5.22
14.41
15.62
24.09
32.59
34.39
35.79
Return on Capital (%)
7.52
9.43
9.98
10.1
11.98
14.59
14.37
5.28
14.41
15.68
24.25
33.15
34.53
35.91
Return on Common Equity (%)
8.8
11.7
11.91
12.07
14.15
16.61
17.12
6.47
17.82
19.22
28.49
37.25
38.5
40.56

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
102
106
111
LT Borrowings
- -
- -
- -
LT Finance Leases
408
436
450
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
44
44
Market Capitalization
32,810
36,880
33,192

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
6,074
6,672
7,070
Cash, Cash Equivalents & STI
916
924
775
Accounts Receivable, Net
4,550
5,098
5,529
Inventories
130
154
195
Total Current Liabilities
4,821
5,225
6,045
Payables & Accruals
2,302
2,510
2,966
ST Debt
102
106
111
Deferred Revenue
2,417
2,609
2,969

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.12%
13.3%
25.05%
Free Cash Flow
32.62%
26.12%
-10.78%
Net Income, GAAP
34.66%
67.15%
26.38%
Sales/Revenue/Turnover
9.91%
14.08%
16.62%
Total Cash Common Dividend
10%
22.52%
3.78%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,432
3,667
3,697
3,770
14,566
2025
3,867
4,304
4,302
4,513
16,986
2026
4,628
5,155
5,542
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.18
5.27
5.83
6.35
21.61
2025
5.27
6.74
6.59
9.72
28.3
2026
6.85
9.09
9.06
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.25
0.25
0.25
0.93
2025
0.25
0.25
0.25
0.25
1
2026
0.4
0.4
0.4
- -
- -

Company Description

CEO
Anthony J. Guzzi
Full Time Employees
44,000
Sector
Industrial services
Industry
Engineering & construction
Address
301 Merritt Seven Norwalk CT United States 06851-1092
IPO Date
Nov 16, 2000
Business
EMCOR Group, Inc. (NYSE: EME) provides mechanical and electrical construction services, industrial and energy infrastructure solutions, and building services to commercial, industrial, institutional, and government clients across the United States. The company offers design, installation, renovation, and maintenance of complex electrical systems including power, lighting, fire protection, security, and controls; mechanical systems such as HVAC, plumbing, and process piping; industrial services encompassing maintenance, turnarounds, fabrication, and heat tracing for refineries, power plants, and manufacturing facilities; energy infrastructure for renewable projects like photovoltaic systems and data centers; and facilities management including site-based operations, cleaning, and energy efficiency upgrades. Headquartered in Norwalk, Connecticut, and founded in 1994 through the restructuring of JWP Inc., EMCOR operates approximately 100 subsidiaries across more than 420 U.S. locations with over 46,000 employees, generating $14.6 billion in 2024 revenues as a Fortune 500 and S&P 500 company. In recent developments, EMCOR completed the $865 million cash acquisition of Miller Electric Company in early 2025, enhancing its electrical capabilities in high-growth sectors like data centers, manufacturing, and healthcare across the Southeastern U.S.; sold its EMCOR UK facilities management business to OCS Group UK Limited in December 2025 for approximately $250 million to fund U.S. expansion through disciplined acquisitions; and raised its full-year 2025 revenue guidance to $16.7 billion-$16.8 billion amid strong data center demand, while executing a share repurchase of over 4.1 million shares.

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