EMCOR Group, Inc. (EME)
EMCOR Group, Inc. provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, startup, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and piping systems; control and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging; millwright; and steel fabrication, erection, and welding services. The company also provides site-based operations and maintenance; facility management and maintenance; energy retrofit; military base operations support; indoor air quality; floor care and janitorial; landscaping, lot sweeping, and snow removal; vendor management and call center; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic; infrastructure and building projects; modification and retrofit projects; and reception, security, and catering services. In addition, it offers refinery turnaround planning and engineering; welding; overhaul and maintenance; technical; instrumentation, controls, and electrical; electrical panel design, fabrication, and installation; on-site repair and maintenance; and renewable energy services, as well as design, manufacturing, repair, and hydro blast cleaning services. The company was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
- Symbol
- EME
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Engineering & Construction
- Market cap
- $33.26B
- 52 week range
- 564.92 - 951.96
Valuation
- Share price
- $751.80 (close of 2026-09-23)
- P/E (TTM)
- 23.33x
- Price to book
- 8.15x
- Price to free cash flow
- 28.39x
- Enterprise value
- $32.88B
- Book value per share
- $92.22
Price performance
| Period | Change |
|---|
| 1 day | -0.78% |
| 5 days | +2.21% |
| 1 month | -3.20% |
| 3 months | -10.35% |
| 6 months | +0.96% |
| Year to date | +22.89% |
| 1 year | +16.61% |
| 3 years | +257.95% |
| 5 years | +534.81% |
| 10 years | +1204.30% |
| All time | +56004.48% |
Profitability and growth
- Return on equity
- 34.63%
- Return on invested capital
- 41.72%
- Return on assets
- 13.70%
- Return on capital employed
- 38.71%
- Gross margin
- 19.33%
- Net margin
- 7.49%
- EBITDA margin
- 10.48%
- Revenue growth
- 16.62%
- Net income growth
- 26.38%
- Free cash flow growth
- -10.78%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.52%
- Current ratio
- 1.28x
- Net debt to EBITDA
- -0.18x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $16.99B
- Cost of revenue
- $13.70B
- Gross profit
- $3.28B
- EBITDA
- $1.78B
- Net income
- $1.27B
- Earnings per share
- $28.30
- Interest expense
- $12.02M
- Shares outstanding
- 44.98M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $16.99B | $3.28B | $1.27B | $28.30 |
| 2024-12-31 | $14.57B | $2.77B | $1.01B | $21.61 |
| 2023-12-31 | $12.58B | $2.09B | $632.99M | $13.37 |
| 2022-12-31 | $11.08B | $1.60B | $406.12M | $8.13 |
| 2021-12-31 | $9.90B | $1.50B | $383.53M | $7.09 |
| 2020-12-31 | $8.80B | $1.40B | $132.94M | $2.41 |
| 2019-12-31 | $9.17B | $1.36B | $325.14M | $5.78 |
| 2018-12-31 | $8.13B | $1.21B | $283.53M | $4.88 |
| 2017-12-31 | $7.69B | $1.15B | $227.20M | $3.84 |
| 2016-12-31 | $7.55B | $1.04B | $181.94M | $3.00 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 19.33% | 7.49% | 34.63% | 41.72% |
| 2024-12-31 | 18.98% | 6.91% | 34.27% | 50.19% |
| 2023-12-31 | 16.60% | 5.03% | 25.62% | 31.48% |
| 2022-12-31 | 14.48% | 3.67% | 20.57% | 20.08% |
| 2021-12-31 | 15.16% | 3.87% | 17.02% | 22.42% |
| 2020-12-31 | 15.86% | 1.51% | 6.47% | 9.68% |
| 2019-12-31 | 14.78% | 3.54% | 15.80% | 17.04% |
| 2018-12-31 | 14.83% | 3.49% | 16.28% | 21.28% |
| 2017-12-31 | 14.92% | 2.96% | 13.57% | 19.74% |
| 2016-12-31 | 13.74% | 2.41% | 11.83% | 18.24% |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $1.11B |
| 2024-12-31 | $1.34B |
| 2023-12-31 | $789.75M |
| 2022-12-31 | $456.44M |
| 2021-12-31 | $821.35M |
| 2020-12-31 | $902.87M |
| 2019-12-31 | $358.82M |
| 2018-12-31 | $363.91M |
| 2017-12-31 | $467.43M |
| 2016-12-31 | $464.62M |
Free cash flow by year
| Period end | Free cash flow |
|---|
| 2025-12-31 | $1.19B |
| 2024-12-31 | $1.33B |
| 2023-12-31 | $821.25M |
| 2022-12-31 | $448.64M |
| 2021-12-31 | $282.63M |
| 2020-12-31 | $758.40M |
| 2019-12-31 | $307.27M |
| 2018-12-31 | $227.53M |
| 2017-12-31 | $331.37M |
| 2016-12-31 | $222.72M |
Dividend history
- Most recent payment
- 2026-07-15
- Paid in the last twelve months
- $1.45
| Payment date | Dividend per share |
|---|
| 2026-07-15 | $0.40 |
| 2026-04-16 | $0.40 |
| 2026-01-14 | $0.40 |
| 2025-10-15 | $0.25 |
| 2025-07-15 | $0.25 |
| 2025-04-17 | $0.25 |
| 2025-01-16 | $0.25 |
| 2024-10-15 | $0.25 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-29
- Consensus EPS estimate
- $8.33
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | $7.23 |
| 2026-04-29 | - | - |
| 2026-02-26 | - | - |
| 2025-10-30 | - | - |
| 2025-07-31 | - | - |
| 2025-04-30 | - | - |
| 2025-02-26 | - | - |
| 2024-10-31 | - | - |
Filings and sources
- Company website
- emcorgroup.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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