EME (EMCOR Group, Inc.) Stock Financials & Earnings | Market Cap Arena

EME (EMCOR Group, Inc.) Stock Financials & Earnings | Market Cap Arena

EMEEMCOR Group, Inc.

Mkt Cap$33B

Industrials·Engineering & Construction·🇺🇸 United States·NYSE

Revenue (TTM)$17.0B

Net Income (TTM)$1.3B

EPS (TTM)$28.19

Free Cash Flow (TTM)$1.2B

Gross Margin19.6%

Op. Margin9.8%

Net Margin7.5%

FCF Margin7.0%

P/S Ratio (TTM)1.9x

P/E Ratio (TTM)25.8x

YoY Rev Growth+16.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.9B	$436M	$155M
Q2 23	$3.0B	$490M	$197M
Q3 23	$3.2B	$545M	$235M
Q4 23	$3.4B	$618M	$289M
Q1 24	$3.4B	$589M	$260M
Q2 24	$3.7B	$684M	$333M
Q3 24	$3.7B	$735M	$364M
Q4 24	$3.8B	$757M	$389M
Q1 25	$3.9B	$723M	$319M
Q2 25	$4.3B	$834M	$415M
Q3 25	$4.3B	$835M	$406M
Q4 25	$4.5B	$936M	$532M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.9x	73.7x
Q2 23	2.8x	67.6x
Q3 23	2.7x	59.8x
Q4 23	2.6x	51.7x
Q1 24	2.5x	45.6x
Q2 24	2.4x	39.7x
Q3 24	2.3x	35.3x
Q4 24	2.2x	32.5x
Q1 25	2.2x	31.2x
Q2 25	2.1x	29.6x
Q3 25	2.0x	29.0x
Q4 25	1.9x	25.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$85M	-$108M
Q2 23	$300M	$286M
Q3 23	$261M	$241M
Q4 23	$424M	$402M
Q1 24	$132M	$112M
Q2 24	$280M	$260M
Q3 24	$526M	$509M
Q4 24	$469M	$452M
Q1 25	$108M	$82M
Q2 25	$194M	$166M
Q3 25	$476M	$449M
Q4 25	$524M	$492M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$23M
Q2 23	$13M
Q3 23	$20M
Q4 23	$22M
Q1 24	$20M
Q2 24	$19M
Q3 24	$18M
Q4 24	$18M
Q1 25	$26M
Q2 25	$28M
Q3 25	$27M
Q4 25	$32M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+11.5%	+9.7%
Q2 23	+12.5%	+10.9%
Q3 23	+13.5%	+11.1%
Q4 23	+16.6%	+13.6%
Q1 24	+18.7%	+16.0%
Q2 24	+20.4%	+17.0%
Q3 24	+15.3%	+12.1%
Q4 24	+9.6%	+7.3%
Q1 25	+12.7%	+11.9%
Q2 25	+17.4%	+16.6%
Q3 25	+16.4%	+16.9%
Q4 25	+19.8%	+17.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$4M	0.1%
Q2 23	$3M	0.1%
Q3 23	$3M	0.1%
Q4 23	$3M	0.1%
Q1 24	$7M	0.2%
Q2 24	$5M	0.1%
Q3 24	$5M	0.1%
Q4 24	$4M	0.1%
Q1 25	$9M	0.2%
Q2 25	$4M	0.1%
Q3 25	$4M	0.1%
Q4 25	-$22M	-0.5%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	—	$281M
Q2 23	$294M	—
Q3 23	—	$308M
Q4 23	—	$329M
Q1 24	—	$329M
Q2 24	$351M	—
Q3 24	—	$371M
Q4 24	—	$368M
Q1 25	—	$404M
Q2 25	—	$419M
Q3 25	—	$430M
Q4 25	—	$404M

Revenue Segments

Quarter

Revenue by Geography

Quarter	United States
Q1 23	$2.8B
Q2 23	$2.9B
Q3 23	$3.1B
Q4 23	$3.3B
Q1 24	$3.3B
Q2 24	$3.6B
Q3 24	$3.6B
Q4 24	$3.7B
Q1 25	$3.8B
Q2 25	$4.2B
Q3 25	$4.2B
Q4 25	$4.4B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$420M	$0	$420M
Q2 23	$503M	$0	$503M
Q3 23	$524M	$0	$524M
Q4 23	$790M	$0	$790M
Q1 24	$841M	$0	$841M
Q2 24	$807M	$0	$807M
Q3 24	$1.0B	$0	$1.0B
Q4 24	$1.3B	$0	$1.3B
Q1 25	$577M	$0	$577M
Q2 25	$486M	$0	$486M
Q3 25	$655M	$0	$655M
Q4 25	$1.1B	$0	$1.1B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	48M	+0.0%
Q2 23	48M	-0.7%
Q3 23	47M	-0.4%
Q4 23	47M	-0.1%
Q1 24	47M	-0.0%
Q2 24	47M	-0.3%
Q3 24	47M	-1.2%
Q4 24	46M	-0.8%
Q1 25	46M	+0.0%
Q2 25	45M	-2.6%
Q3 25	45M	+0.0%
Q4 25	45M	+0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$238K	27K
FY 15	$232K	29K
FY 16	$244K	31K
FY 17	$240K	32K
FY 18	$246K	33K
FY 19	$255K	36K
FY 20	$267K	33K
FY 21	$291K	34K
FY 22	$312K	36K
FY 23	$329K	38K
FY 24	$361K	40K
FY 25	$386K	44K