EME · EMCOR Group, Inc.

$740.17 -34.87 (-4.50%) At close · Aug 28

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$34.19B

44.11M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$16.99B +16.6%

FY2025

Net Income

$1.27B +26.4%

FY2025

Gross Margin

19.33% +0.4pp

FY2025

Operating Margin

10.09% +0.9pp

FY2025

Diluted EPS

$28.19 +31%

FY2025

Operating Cash Flow

$1.3B -7.5%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+15.3%	+14.1%	+9.7%	$20B – $20.5B	$18.6B	$16.99B^G	$14.57B^G	$12.58B^G	$11.08B^G	$9.9B	$8.8B	$9.17B	$8.13B	$7.69B	$7.55B	$6.72B	$6.42B	$6.33B	$6.2B	$5.61B	$4.85B	$5.23B	$6.79B
Cost of Revenue	+13.1%	+13.1%	+9.0%	—	$14.98B	$13.7B	$11.8B	$10.49B	$9.47B	$8.4B	$7.4B	$7.82B	$6.93B	$6.54B	$6.51B	$5.77B	$5.52B	$5.51B	$5.39B	$4.88B	$4.16B	$4.44B	$5.9B
Gross Profit	+27.0%	+18.7%	+13.3%	—	$3.61B	$3.28B	$2.77B	$2.09B	$1.6B	$1.5B	$1.4B	$1.36B	$1.21B	$1.15B	$1.04B	$944.48M	$907.25M	$821.65M	$803.98M	$733.95M	$693.52M	$784.23M	$886.65M
Gross Margin	—	—	—	—	—	19.33%	18.98%	16.6%	14.48%	15.16%	15.86%	14.78%	14.83%	14.92%	13.74%	14.06%	14.12%	12.97%	12.98%	13.07%	14.29%	15%	13.07%
Selling, General & Administrative	+18.2%	+13.7%	+10.1%	—	$1.83B	$1.71B	$1.42B	$1.21B	$1.04B	$970.94M	$903.58M	$893.45M	$799.16M	$758.71M	$727.07M	$656.57M	$626.48M	$580.65M	$543.53M	$518.12M	$472.14M	$517.3M	$582.32M
Amortization of Intangibles	+24.8%	+14.7%	+12.1%	—	$131.68M	$119.05M	$77M	$67.14M	$61.32M	$64.09M	$59.95M	$48.14M	$42.44M	$48.59M	$40.91M	$37.9M	$37.97M	$31.03M	$29.76M	$26.35M	$16.42M	$18.98M	$23.36M
Depreciation & Amortization	+3.5%	+6.1%	+3.6%	—	—	—	—	$51.82M	$47.3M	$48.35M	$46.72M	$43.95M	$38.47M	$39.92M	$38.88M	$36.29M	$36.52M	$36.31M	$31.2M	$27.43M	$25.5M	—	—
Restructuring Charges	—	—	—	—	—	—	—	—	$0	$0	$2.21M	$1.52M	$2.31M	$1.58M	$1.44M	$824K	$1.17M	$647K	$145K	$1.24M	$1.84M	$3.28M	$1.76M
Operating Income	+44.8%	+46.2%	+19.6%	—	$1.93B	$1.71B	$1.34B	$875.76M	$564.88M	$530.8M	$256.83M	$460.89M	$403.08M	$328.9M	$306.93M	$287.08M	$289.88M	$240.35M	$260.3M	$210.79M	-$26.53M	$250.12M	$302.58M
Operating Margin	—	—	—	—	—	10.09%	9.23%	6.96%	5.1%	5.36%	2.92%	5.02%	4.96%	4.28%	4.06%	4.27%	4.51%	3.79%	4.2%	3.76%	-0.55%	4.78%	4.46%
EBITDA	+45.1%	+16.0%	+12.9%	—	—	—	—	$927.58M	$612.17M	$579.15M	$303.56M	$504.84M	$441.56M	$368.82M	$345.81M	$323.38M	$326.4M	$276.66M	$291.51M	$238.22M	-$1.03M	—	—
Interest Expense	-3.1%	+5.9%	+3.0%	—	—	$12.02M	$3.78M	$17.2M	$13.2M	$6.07M	$9.01M	$13.82M	$13.54M	$12.77M	$12.63M	$8.93M	$9.08M	$8.77M	$7.28M	$11.26M	$12.15M	$7.87M	$11.76M
Interest Income	+93.5%	+67.4%	+40.4%	—	—	$20.02M	$35.4M	$15.42M	$2.76M	$949K	$1.52M	$2.27M	$2.75M	$965K	$663K	$673K	$842K	$1.13M	$1.56M	$1.82M	$2.66M	$4.71M	$9.91M
Equity in Earnings of Unconsolidated Entities	-45.9%	+34.7%	-31.9%	—	—	$62K	$98K	$1.66M	$391K	-$1.17M	$14K	-$2.99M	$347K	$864K	$1.57M	$2.88M	$1.44M	$1.05M	$930K	$1.3M	$843K	$2.71M	$3.3M
Pretax Income	+45.5%	+46.8%	+20.0%	—	$1.95B	$1.72B	$1.38B	$872.85M	$558.75M	$529.3M	$252.33M	$450.89M	$395.03M	$318.75M	$296.49M	$278.82M	$281.65M	$232.71M	$254.58M	$201.35M	-$28.12M	$246.96M	$300.72M
Income Tax	+43.3%	+30.3%	+15.5%	—	$507.98M	$448.81M	$370.24M	$239.52M	$152.63M	$145.6M	$119.38M	$125.75M	$109.11M	$90.7M	$111.2M	$106.26M	$103.53M	$82.29M	$97.89M	$76.76M	$52.4M	$96.19M	$116.59M
Net Income	+46.3%	+57.1%	+22.1%	—	$1.44B	$1.27B	$1.01B	$632.99M	$406.12M	$383.53M	$132.94M	$325.14M	$283.53M	$227.2M	$181.94M	$172.29M	$168.66M	$123.79M	$146.58M	$130.83M	-$86.69M	$160.76M	$182.2M
Net Margin	—	—	—	—	—	7.49%	6.91%	5.03%	3.67%	3.87%	1.51%	3.54%	3.49%	2.96%	2.41%	2.56%	2.63%	1.95%	2.37%	2.33%	-1.79%	3.08%	2.69%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	$0	$0	$335K	$0	$169K	$0	$0	$46K	-$3000	$218K	$221K	$4.76M	$3.56M	$2.3M	$2.85M	$4.01M	$2.32M	$1.93M
Comprehensive Income	+50.7%	+64.4%	+22.5%	—	$1.51B	$1.36B	$1.01B	$640.74M	$396.23M	$409.2M	$113M	$323.51M	$290.07M	$234.7M	$157.19M	$178.53M	$151.24M	$139.06M	$144.19M	$94.59M	-$76.4M	—	—
EPS (Basic) USD/shares	+51.6%	+63.7%	+26.3%	—	$32.23	$28.30	$21.61	$13.37	$8.13	$7.09	$2.41	$5.78	$4.88	$3.84	$3.00	$2.74	$2.54	$1.85	$2.20	$1.96	-$1.31	$2.44	$2.79
EPS (Diluted) USD/shares	+51.5%	+63.7%	+26.3%	$32.00 – $33.25	$32.11	$28.19^G	$21.52	$13.31^G	$8.10^G	$7.06	$2.40	$5.75	$4.85	$3.82	$2.97	$2.72	$2.52	$1.82	$2.16	$1.91	-$1.31	$2.38	$2.71
Shares Outstanding (Basic Avg) shares	-3.4%	-4.0%	-3.3%	—	—	44.98M	46.62M	47.36M	49.93M	54.07M	55.2M	56.21M	58.11M	59.25M	60.77M	62.79M	66.33M	67.09M	66.7M	66.78M	66.39M	65.91M	—
Shares Outstanding (Diluted Avg) shares	-3.4%	-4.0%	-3.3%	—	—	45.15M	46.81M	47.56M	50.14M	54.35M	55.42M	56.52M	58.44M	59.62M	61.21M	63.31M	67.06M	68.08M	67.74M	68.38M	66.39M	67.45M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $2.96B in buybacks, $360.01M in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

1.83×

Peer median 1.60×

EV/EBIT

17.59×

Peer median 21.28×

P/E (TTM)

24.14×

Peer median 31.73×

Peer medians compare against the 21 similar-size Engineering & Construction companies (of 43 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States Mechanical Construction And Facilities Services	$7,123,644,000	$6,458,776,000	$5,074,803,000	$4,303,090,000	$3,935,737,000	$3,523,875,000	$3,340,337,000	$2,998,918,000
United States Electrical Construction And Facilities Services	$5,135,887,000	$3,349,115,000	$2,783,723,000	$2,433,114,000	$2,033,168,000	$1,835,017,000	$1,965,483,000	$1,954,323,000
United States Building Services	$3,171,057,000	$3,114,817,000	$3,228,056,000	$2,754,953,000	$2,553,566,000	$2,078,835,000	$2,121,661,000	$1,875,485,000
United States Industrial Services	$1,268,099,000	$1,277,190,000	$1,167,790,000	$1,118,767,000	$1,021,217,000	$940,895,000	$1,351,448,000	$923,109,000
United Kingdom Building Services Member	$471,348,000	$425,525,000	$436,423,000	$477,078,000	$509,951,000	$430,563,000	$423,259,000	$414,871,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$16,515,074,000	$14,140,591,000	$12,146,450,000	$10,599,042,000	$9,393,629,000	$8,366,498,000	$8,751,352,000	$7,715,760,000

Key facts CIK 105634 CUSIP 29084Q100 13F (30d) 860 filings 831 filers Visit website Investor relations